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the Existing Parking - Structure and a 2-331 eM-3 -story tewer -erlM <br />A townhouse building yltCap ipq the south polder efAh"te; <br />With extensive landssapi two towers- will -- certain -a <br />tetal -ef 374sendominiuni units. The NGdh -TGwef -will- certain a- maximum <br />of-483 for salaurlts -and thB Seulh TeWer willcerta+ n a maximurA of. I At <br />fen- sale units. In- -addition,- a- tetal-ef-3, 0 square feet -e€ cemmercial <br />space --w4l tie- prevkW4- fer-the- greject,-with - -4,488 squares- €eet -te ke <br />project will utilize the axistirg-#euf- <br />parkiagstalls n the- site -- The6eiaf4amj- areas- coniWned -%41- provide 74 <br />1.4 Code Authorization. City is authorized pursuant to Government <br />Code Sections 65864 through 65869.5 to enter into Development <br />Agreements with persons having legal or equitable interests in real <br />property for the purpose of establishing development certainty for both <br />the City and Owner in the development process. City enters into thetwo <br />First Amended and Restated Development Agreement pursuant to the <br />provisions of the Government Code and applicable City policies. The <br />partiesParties acknowledge: <br />W 0 -}This First Amend and Restated Development Agreement is <br />intended to assure adequate public facilities at the time of <br />development. <br />(W (-23 -This First Amended and Restated Development Agreement is <br />intended to assure development in accordance with City's General <br />Plan, applicable Specific Plans and the Metro East Mixed -Use <br />Overlay Zone. <br />(il WThis First Amended and Restated Doveftment Agreement <br />will permit achievement of goals and objectives as reflected in the <br />City's General Plan, all applicable Specific Plans and the Metro <br />East Mixed -Use Overlay Zone: <br />Wd (4)- -Owner is required by existing City regulations to provide <br />mitigation for certain identified impacts and pay certain regulatory <br />fees as conditions of approvals through the regulatory process. <br />LO (5)-This Firat Amended and Restated Development Agreement <br />will allow City to realize extraordinary and significant public <br />6490266761M '237' 3_ <br />75A -99 <br />