HomeMy WebLinkAboutMICROSOFT POWERPOINT- 2013_12-16_75A and 75B_SEGERSTROM AND ANN AAC.J. Segerstro
Amendment to Development
Agreement No. 1990 -03
3500 Lake Center Drive
Project Description
■ Extend term of development agreement by
10 years to October 2025
■ No other modification proposed
Project Analysis
■ Development agreement approved in 1990
along with specific development zoning for Lake
Center Office Park
■ Shift in economy past several years has
impacted office development
■ No plans for construction at this time
■ Intend to build in future per terms of
development agreement and SD
Planning Commission Action
Recommended that the City Council adopt
an ordinance approving the amendment to
the development agreement by a 5:0 vote
Recommendation
■ Adopt an ordinance approving the Second
Amendment to Development Agreement
No. 1990 -03
Amendment Application No. 2013 -01
Project Description
Amend the zoning designation of 9 parcels
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Project Analysis
Will create consistency between the zoning
and General Plan Land use designation
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Planning Commission Action
• Recommended that the City Council adopt an
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Recommendation
Adopt an ordinance approving Amendment
Annlication No_ 2013 -01 _