75A - PH - 200 E FIRST AMERICAN WAY

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:,, ng® n. �n ,ie� rr c rytiQn n r , oy 7nn4 The Owner has submitted a new and modified site plan review package to the City amending the previously approved plan. On March 23.2015, the Planning Cormnission of the City, after duly giving notice pursuant to Goverrunent Code sections 65096 and 65091, held a public hearing to consider the Owner's application for this Agreement, 14haki =ne, the Plam4ig Cei mission- eenfi- mied4he On April-14,-4044, April 21; 2015, the Council, after providing notice as required by law, duly held a public hearing to consider the Owner's application for this Agreement. 1.6 Council Findings. The Council finds that this Agreement and its purposes are consistent with Government Code Sections 65864 through 65869.5, and with the objectives; policies, general land uses, and program specified in the General Plan, applicable Specific Plan(s) as well as all other applicable ordinances, plans, policies and regulations of the City. Among other things, this Agreement will reduce uncertainty in planning for and securing the orderly development of the Property, assure progressive installation of necessary improvements, provide public services appropriate to each stage of development of the Property, ensure attaimnent of the maximum effective utilization of resources within the City at the least cost to its citizens, expand the availability of high-quality, affordable housing stack to the City's citizens, contribute to the economic stability and revitalization of the community, enhance the City's property tax revenues, and otherwise achieve the goals and purposes for which Government Code Sections 65864 through 65869.5 were enacted. 1.7 City Ordinance, On AV --1.6; 204-2 April 2,1„ 2015; the Council adopted Ordinance No. NS- approving this Amended Agreement. The ordinance becomes effective thirty (30) days thereafter. 2. DEFINITIONS. hi the Agreement, unless the context otherwise' requires: 2,1 "Final Design" means the final design documents for work of public art, which is set forth in greater detail in Section 5.8 of this Agreement. 21 "Property Owner" or "Owner" means collectively V-DG Legado at the Met, LLC, a California Limited Liability Company, and its successors or assigns who or which may acquire Owner's equitable and legal interest in the Property, being the person, persons, or entity having legal or equitable interest in the Property. 2.3 "Property" is the real property described in Exhibit A and referred to in Exhibit B. 2.4 "Project" is the development of the Property as generally set forth in Section I.1(4) of this Agrecment, Environmental Review No. , Terrtetive Traet -Map Rio — CuntyMepl GonttitiortalJUseRer+xr "R:imse-e}e orritOrElinaraeAersdrnet7t PFo ;acn ^'� 43} and Site Plan Review No. 75A -35