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infrastructure facilities and other supplemental benefits in addition <br />to those available through the existing regulatory process. <br />f (6) -Many of the extraordinary and significant benefits identified as <br />consideration to City for entering into this First Amended and <br />Restated Developmen Agreement are of regional significance, <br />relate to existing deficiencies in public facilities, require Owner to <br />contribute a greater percentage of benefits than would otherwise be <br />required, and represent benefits which would not otherwise be <br />required as part of the development process. <br />1 5 <br />-1--.3-Owner. Owner represents and warrants that it has a legal or equitable <br />interest in the real Property- lesated --iry �t" Santa- Ana, G Womia, legally <br />section - 2.4-ae- the- "Ptopoity'). The-- propert)-is- Gwrenlly- omiplg4 b34 -e th e steri`r <br />73,-399 -8q" 8re 4eet- ba*&W41;at-was4orme4 vhems4G -the gequoia Athletie -Glob <br />and the Acrstralian 8 wi"Gheel,that- will- 6e- demeli6ged- #e- assemmodateAbe <br />prep ar stem, �trtrsteNe -that <br />currently exists en- the�ast side of -iha prepe#y will {amain as part- et-Ehe- project <br />(as- 04at-werE } isdefined4n- section 4- 7- ef- ft&Agfeement}-E g <br />U 4A-Interest of Owner. Owner hereby represents that it has an- s"Rable <br />and- legaknterest- in-the Property. Qwner-turiher -.heFeby FepFesents that it has <br />approved this First Amended and Restated Development Agreement <br />and is authorized to enter into this First Amended and Restated <br />Development Agreement. <br />1Z <br />LW 4-.b Planning Commission— G"nsil #eadP4p. On Febwa "wand <br />Mew" , 2ee72M, the Planning Commission -of- the City <br />( panning Genuxriss W), after giving notice pursuant to Government <br />Code Sections 65090 and 65091, held a public hearing to consider <br />the Owner's application for this Agreemen . The- Manning Gernmissien <br />recommended- fie- -- the -- City-- Geuncil— ef- �itY -- that- -!#-- execute -phis <br />6.cv0207MWW915 4MR2wzs _4_ <br />75A -100 <br />