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HomeMy WebLinkAboutAGENDA REPORT 2023 0118 CCSA REG ITEM 11ACITY OF MOORPARK, CALIFORNIA City Council Meeting of January 18, 2023 ACTION ADOPTED ORDINANCE NO. 510. (ROLL CALL VOTE: UNANIMOUS) BY A. Hurtado. A. Consider Ordinance No. 510 Approving Zone Change No. 2016-02 and Development Agreement No. 2016-02, on the Application of James and Makenzie Rasmussen on behalf of Moorpark Property 67, LLC. Staff Recommendation: Waive full reading, declare Ordinance No. 510 read for the second time, and adopted as read. (Staff: Doug Spondello, Deputy Community Development Director) (ROLL CALL VOTE REQUIRED) Item: 11.A. ORDINANCE NO. 510 AN ORDINANCE OF THE CITY OF MOORPARK, CALIFORNIA, APPROVING ZONE CHANGE NO. 2016-02 AND DEVELOPMENT AGREEMENT NO. 2016-02, ON THE APPLICATION OF JAMES AND MAKENZIE RASMUSSEN ON BEHALF OF MOORPARK PROPERTY 67, LLC WHEREAS, on October 31, 2016, James and Makenzie Rasmussen, on behalf of Moorpark Property 67, LLC (Applicant) submitted a development application for the General Plan Amendment No. 2016-02 (“GPA”), Zone Change No. 2016-02 (“ZC”), Residential Planned Development No. 2016-02 (“RPD”), Vesting Tentative Tract Map for Tract No. for Tract No. 5847 (2016-02) (“VTTM”), and Development Agreement No. 2016- 02 (“DA”) for the subdivision and development of 134 residential units and five future residential lots, including associated open space, parks, and landscaping, as well as roadways, stormwater and detention facilities, and associated improvements on 68 acres of property generally located north of Poindexter Avenue, west of Gabbert Road, and inclusive of Assessor Parcel Nos. 511-0-190-285 and 511-0-190-305 (the “Project”); and WHEREAS, pursuant to Section 15074 of the State Guidelines for the California Environmental Quality Act (“CEQA” and the “State CEQA Guidelines”), an Initial Study and Draft Mitigated Negative Declaration (MND), dated September 2022 has been prepared and, based on the type and intensity of the Project and information contained therein, the Initial Study and Draft MND concluded that the Project, with the proposed mitigation measures, would not have a significant adverse effect on the environment; and WHEREAS, the MND further identified that the project will have no or less than significant effects on aesthetics, agriculture and forestry resources, energy, greenhouse gas emissions, hazards and hazardous materials, hydrology/water quality, land use/planning, mineral resources, noise, population/housing, public services, recreation, tribal cultural resources, utilities/service systems, and wildfire. In addition, the Draft MND identified that the Projects impacts on air quality, biological resources, cultural resources, geology/soils, and transportation are potentially significant but can be reduced to less than significant levels by implementation of the mitigation measures identified in the MND; and WHEREAS, on September 22, 2022, the City of Moorpark Community Development Department as the lead agency for the Project, published pursuant to CEQA a Notice of Intent to Adopt a MND for the Project (State Clearinghouse No. 2022090401) (“NOI”) analyzing the potential impacts of the Project on the environment and provided copies of the NOI and Draft MND for a 32-day public comment period, between September 22, 2022, and October 24, 2022; and WHEREAS, the City received seven comment letters during the Draft MND public review period and thereafter prepared written responses to all comments received on the Draft MND and those responses to comments were incorporated into the Final MND. The Final MND is hereby incorporated by this reference and is on-file with the Community Development Department; and Item: 11.A. 662 Ordinance No. 510 Page 2 WHEREAS, in connection with the approval of a project involving the preparation of an MND that identifies one or more potentially significant environmental effects, CEQA requires the decision-making body of the lead agency to incorporate feasible mitigation measures that would reduce those potentially significant effects to a less than significant level; and WHEREAS, pursuant to CEQA Section 15074, whenever a lead agency approves a project requiring implementation of measures to mitigate or avoid potentially significant effects on the environment, the lead agency is required to adopt a mitigation monitoring and reporting program to ensure compliance with the mitigation measures during project implementation. A copy of the Mitigation Monitoring and Reporting Program (“MMRP”) for the Project, which defines the measures which would be imposed to mitigate potentially significant environmental impacts is attached hereto as Exhibit A and incorporated herein by this reference; and WHEREAS, at a duly noticed public hearing on November 22, 2022, the Planning Commission considered the Final MND and proposed Project, including the agenda report and any supplements thereto and written public comments; opened the public hearing and took and considered public testimony both for and against the proposal; and reached a decision on this matter, adopting Resolution No. PC-2022-686 recommending that the City Council adopt the Final MND and approve the Project; and WHEREAS, at a duly noticed public hearing on January 4, 2023, the City Council considered the Final MND and proposed Project, including public testimony both for and against the proposal, and reached adopted Resolution No. 2023-4152 adopting the MND, MMRP, and approving the GPA, VTTM, and RPD, associated with the Project subject to certain findings and conditions. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES ORDAIN AS FOLLOWS: SECTION 1. The findings made in this Ordinance are based upon the information and evidence set forth in the adopted Final MND and upon other substantial evidence that has been presented at the hearings and in the record of the proceedings. The Final MND, agenda reports, technical studies, and appendices, plans, specifications, other documents and materials, and record of public testimony that constitute the record of proceedings on which this Resolution is based (the Project Record) are on-file for public examination during normal business hours at the City of Moorpark, Community Development Department, 799 Moorpark Avenue, Moorpark, California, 93021. Each of these documents is incorporated herein by reference. SECTION 2. Prior to taking action, the City Council has heard, been presented with, reviewed and considered the information and data in the Project Record, including oral and written testimony presented for and during the public hearings. SECTION 3. Prior to taking action on this Ordinance, the City Council, pursuant to Public Resources Code Section 21081.6, adopted Resolution No. 2023-4152 by which 663 Ordinance No. 510 Page 3 the City Council making findings adopted the MND and MMRP associated with the Project, which is incorporated herein by reference, and has adopted each mitigation measure set forth therein as a condition of the Project’s approval. By Resolution No. 2023-4152, the City Council also approved the GPA, VTTM, and RPD associated with the Project, subject to Conditions of Approval. SECTION 4. ZONE CHANGE FINDINGS - Based upon the information set forth in the Project Record, including the Initial Study and MND, the City Council finds that the proposed ZC depicted in Exhibit A, to change the zoning designation of the Project Site from Agriculture Exclusive (AE) to RE-5AC, Residential Planned Development (RPD) and Open Space (OS) is consistent with the General Plan, as amended by GPA 2016-02, because the approved General Plan land use designation of the Property will allow for the proposed development. In addition, the proposed zoning designation is consistent with the General Plan Housing Element. SECTION 5. ZONING ORDINANCE AMENDMENT – Based on the findings and conclusions set for in the above sections and based upon all other evidence in the Project Record, the City Council hereby approves Zone Change No. 2016-02, as depicted in Exhibit A, and hereby amends the Official Zoning Map accordingly. SECTION 6. DEVELOPMENT AGREEMENT FINDINGS – Based upon the information set forth in the Project Record, including the MND and oral and written public testimony, the City Council hereby approves the proposed DA, attached hereto as Exhibit B, upon the following findings in accordance with Government Code Section 68565.2 and Section 15.40 of the Moorpark Municipal Code: A. The provisions of the DA are consistent with the General Plan in that the Project will provide for the orderly development of land uses identified in the City’s General Plan and Zoning Ordinance, as appropriate for residential development and the Development Agreement will serve to strengthen the planning process by vesting development rights, addressing the timing of the development of public and private improvements, determining the development fees and the provision of specific community benefits and improvements. To that end, the Development Agreement provides coordinated development that ensures minimal impacts to the community and public facilities. B. The provisions of the DA and the assurances that said agreement places upon the Project are consistent with the provisions of Section 15.40 of the Moorpark Municipal Code because the DA contains the elements required by Section 15.40.030 and has been processed through a duly noticed public hearing, as required by law. C. The DA includes all provisions required pursuant to Government Code Section 65865.2. The duration of the DA is 15 years, as specified in Section 19. The permitted uses on the property are governed by the Project approvals as defined in Section 1.4 the DA. The densities of uses on the property, maximum height and size of proposed buildings, and the dedication and reservation of land for public purposes are also specified in Section 6 of the DA and Project approvals. 664 Ordinance No. 510 Page 4 SECTION 7. DEVELOPMENT AGREEMENT – Based on the findings and conclusions set forth in the above sections, and based on all other evidence in the Project Record, the City Council hereby approves Development Agreement No. 2016-02, attached hereto and incorporated as Exhibit B. SECTION 8. If any section, subsection, sentence, clause, phrase, part of portion of this ordinance is for any reason held to be invalid or unconstitutional by any court of competent jurisdiction, such decision shall not affect the validity of the remaining portions of this ordinance. The City Council declares that it would have adopted this ordinance and each section, subsection, sentence, clause, phrase, part or portion thereof, irrespective of the fact that any one or more section, subsections, sentences, clauses, phrases, parts or portions be declared invalid or unconstitutional. SECTION 9. This ordinance shall become effective thirty (30) days after its passage and adoption. The City Clerk shall cause a summary of this ordinance to be published within 15 days after passage in accordance with Section 36933 of the Government Code of the State of California with the names of the City Councilmembers voting for and against it. SECTION 10. The Applicant shall execute the DA after the adoption of this ordinance. The City shall then execute the DA after the effective date of this ordinance. SECTION 11. Pursuant to Government Code Section 65868.5, no later than 10 days after both the effective date of this ordinance and the execution of the DA, the City Clerk shall record with the County Recorder a copy of the DA. SECTION 12. The City Clerk shall certify to the passage and adoption of this ordinance; shall enter the same in the book of original ordinances of said City; shall make a written record of the passage and adoption thereof in the minutes of the proceedings of the City Council at which the same is passed and adopted; and shall publish notice of adoption in the manner required by law. PASSED AND ADOPTED this 18th day of January 2023. Chris R. Enegren, Mayor Ky Spangler, City Clerk Attachments: Exhibit A: Zone Change No. 2016-02 Exhibit B: Development Agreement No. 2016-02 665 VTTM NO. 5847 EXHIBIT AOrdinance No. ___ Page 5 666 12853-0055\2561493v3.doc Recording Requested By And When Recorded Return to: CITY CLERK CITY OF MOORPARK 799 Moorpark Avenue Moorpark, California 93021 EXEMPT FROM RECORDER’S FEES Pursuant to Government Code § 6103 DEVELOPMENT AGREEMENT BY AND BETWEEN CITY OF MOORPARK AND MOORPARK PROPERTY 67, LLC Ordinance No. 510 Page 6 667 12853-0055\2561493v3.doc DEVELOPMENT AGREEMENT This Development Agreement the (“Agreement”) is made and entered into on ______________, 2023 by and between the CITY OF MOORPARK, a municipal corporation (referred to hereinafter as “City”) and MOORPARK PROPERTY 67, LLC, the owner of real property within the City of Moorpark generally referred to as Residential Planned Development Permit 2016-02 (referred to hereinafter as “Developer”). City and Developer are referred to hereinafter collectively as a “Party” and collectively as the “Parties.” In consideration of the mutual covenants and agreements contained in this Agreement, City and Developer agree as follows: 1. Recitals: This Agreement is made with respect to the following facts and for the following purposes, each of which is acknowledged as true and correct by the Parties: 1.1 Pursuant to Government Code Section 65864 et seq. and Moorpark Municipal Code Chapter 15.40, City is authorized to enter into a binding contractual agreement with any person having a legal or equitable interest in real property within its boundaries for the development of such property to establish certainty in the development process. 1.2 Moorpark Property 67, LLC is the owner in fee simple of certain real property in the City of Moorpark identified in the legal description set forth in Exhibit “A” which exhibit is attached hereto and incorporated by reference, commonly known as 5979 Gabbert Road, referred to hereinafter as the “Property”. 1.3 Prior to, and in connection with, the approval of this Agreement, the City Council reviewed the project to be developed pursuant to this Agreement as required by the California Environmental Qu ality Act (“CEQA.”) On January 4, 2023, the City Council adopted Resolution No. 2023-4152, adopting the Mitigated Negative Declaration (“ND”) prepared for this Agreement and the Project Approvals as defined in Subsection 1.4 of this Agreement. 1.4 General Plan Amendment (GPA) No. 2016-02, Zone Change (ZC) No. 2016-02, Residential Planned Development (RPD) Permit No. 2016-02, Vesting Tentative Tract Map (TTM) No. 5847 including all subsequently approved modifications and permit adjustments to the RPD Permit, TTM, and all amendments thereto (collectively “the Project Approvals”; individually “a Project Approval”) provide for the development of the Property with one hundred thirty-four (134) single family homes and five (5) estate lots and the construction of any improvements in connection therewith (“the Project”). Ordinance No. 510 Page 7 668 2 1.5 By this Agreement, City desires to obtain the binding agreement of Developer to develop the Property in accordance with the Project Approvals and this Agreement. In consideration thereof, City agrees to limit the future exercise of certain of its governmental and proprietary powers to the extent specified in this Agreement. 1.6 By this Agreement, Developer desires to obtain the binding agreement of City to permit the development of the Property in accordance with the Project Approvals and this Agreement. In consideration thereof, Developer agrees to waive its rights to legally challenge the limitations and conditions imposed upon the development of the Property pursuant to the Project Approvals and this Agreement and to provide the public benefits and improvements specified in this Agreement. 1.7 City and Developer acknowledge and agree that the consideration to be exchanged pursuant to this Agreement is fair, just and reasonable and that this Agreement is consistent with the General Plan of City, as currently amended. 1.8 On November 22, 2022, the Planning Commission commenced a duly noticed public hearing on this Agreement, and at the conclusion of the hearing on November 22, 2022, recommended approval of this Agreement. 1.9 On January 4, 2023, the City Council of City (“City Council”) commenced a duly noticed public hearing on this Agreement and following the conclusion of the hearing closed the hearing and introduced and provided first reading to Ordinance No. 510 (“the Enabling Ordinance”) that approves this Agreement. Thereafter on January 18, 2023, the City Council gave second reading to and adopted the Enabling Ordinance. 2. Property Subject To This Agreement. All the Property shall be subject to this Agreement. The Property may also be referred to hereinafter as “the site.” 3. Binding Effect. The burdens of this Agreement are binding upon, and the benefits of the Agreement inure to, each Party and each successive successor in interest thereto (subject to Subsection 3.2 below) and constitute covenants that run with the Property. Whenever the terms “City” and “Developer” are used herein, such terms shall include every successive successor in interest thereto. 3.1 Constructive Notice and Acceptance. Every person who acquires any right, title, or interest in or to any portion of the Property shall be conclusively deemed to have consented and agreed to be bound by Ordinance No. 510 Page 8 669 3 this Agreement, whether any reference to the Agreement is contained in the instrument by which such person acquired such right, title or interest, subject to Subsection 3.2 below. 3.2 Release Upon Subsequent Transfer. Upon the conveyance of Developer’s interest in the Property or any portion thereof by Developer or its successor(s) in interest, the transferor shall be released from its obligations hereunder with respect to the portion of Property conveyed as of the effective date of the conveyance, provided that the transferee expressly assumes all obligations of the transferred portion of the Property and a copy of the executed assignment and assumption agreement is delivered to the City prior to the conveyance. Failure to provide a written assumption agreement hereunder shall not negate, modify or otherwise affect the liability of the transferee pursuant to this Agreement. Nothing contained herein shall be deemed to grant to City discretion to approve or deny any such conveyance, except as provided in Subsection 6.16 of this Agreement with respect to the sale of completed “affordable units” (as defined in that subsection) to qualified buyers. Notwithstanding the foregoing, this Agreement shall not be binding upon the transferee of a Completed Unit with respect to the transferee’s interest in such Completed Unit, and the rights and obligations of Developer under this Agreement shall not run with the portion of the Property that is conveyed with the Completed Unit after such conveyance of the Completed Unit by Developer or its successor in interest. For purposes of this Agreement, “Completed Unit” means a completed residential unit within the Property for which the City has issued a certificate of occupancy. 4. Development of the Property. The following provisions shall govern the subdivision, development and use of the Property. 4.1 Permitted Uses. The permitted and conditionally permitted uses of the Property shall be limited to those that are allowed by the Project Approvals and this Agreement. 4.2 Development Standards. All design and development standards, including but not limited to density or intensity of use and maximum height and size of buildings, that shall be applicable to the Property are set forth in the Project Approvals and this Agreement. 4.3 Building Standards. All construction on the Property shall adhere to all City building codes in effect at the time the plan check or permit is approved per Title 15 of the Moorpark Municipal Code and to any federal or state building requirements that are then in effect (collectively “the Building Codes”). Ordinance No. 510 Page 9 670 4 4.4 Reservations and Dedications. All reservations and dedications of land for public purposes that are applicable to the Property are set forth in the Project Approvals and this Agreement. 5. Vesting of Development Rights. 5.1 Vested Right to Develop, Timing of Development. Developer and its successors in interest shall have the vested right to develop the Property in accordance with the terms and provisions of the Project Approvals and this Agreement. The Parties intend that this Agreement, together with the Project Approvals, shall serve as the controlling document for all subsequent actions, discretionary and ministerial, relating to the development and occupancy of the Property, including, without limitation, all Subsequent Approvals (as defined below). Developer shall have the right, without obligation, to develop the Property in such order and at such rate and times as Developer deems appropriate within the exercise of its subjective business judgment. No future amendment of any existing City ordinance or resolution, or future adoption of any ordinance, resolution, or other action, that purports to limit the rate or timing of development over time or alter the sequencing of development phases, whether adopted or imposed by the City Council or through the initiative or referendum process, shall apply to the Property provided the Property is developed in accordance with the Project Approvals and this Agreement. Nothing in this subsection shall be construed to limit City’s right to ensure that Developer timely provides all infrastructure required by the Project Approvals, Subsequent Approvals, and this Agreement. 5.2 Amendment of Project Approvals. No amendment of any of the Project Approvals, whether adopted or approved by the City Council or through the initiative or referendum process, shall app ly to any portion of the Property, unless the Developer has agreed in writing to the amendment. 5.3 Issuance of Subsequent Approvals. Applications for land use approvals, entitlements and permits, including without limitation subdivision maps (e.g. tentative, vesting tentative, parcel, vesting parcel, and final maps), subdivision improvement agreements and other agreements relating to the Project, lot line adjustments, preliminary and final planned development permits, use permits, design review approvals (e.g. site plans, architectural plans and landscaping plans), encroachment permits, and sewer and water connections that are necessary to or desirable for the development of the Project (collectively “the Subsequent Approvals”; individually Ordinance No. 510 Page 10 671 5 “a Subsequent Approval”) shall be consistent with the Project Approvals and this Agreement. For purposes of this Agreement, Subsequent Approvals do not include building permits. Subsequent Approvals shall be governed by the Project Approvals and by the applicable provisions of the Moorpark General Plan, the Moorpark Municipal Code and other City ordinances, resolutions, rules, regulations, policies, standards and requirements as most recently adopted or approved by the City Council or through the initiative or referendum process and in effect at the time that the application for the Subsequent Approval is deemed complete by City (collectively “City Laws”), except City Laws that: (a) change any permitted or conditionally permitted uses of the Property from what is allowed by the Project Approvals; (b) limit or reduce the density or intensity of the Project, or any part thereof, or otherwise require any reduction in the number of proposed buildings or other improvements from what is allowed by the Project Approvals; (c) limit or control the rate, timing, phasing or sequencing of the approval, development or construction of all or any part of the Project in any manner, provided that all infrastructure required by the Project Approvals to serve the portion of the Property covered by the Subsequent Approval is in place or is scheduled to be in place prior to completion of construction; (d) are not uniformly applied on a citywide basis to all substantially similar types of development projects or to all properties with similar land use designations; (e) modify the land use from what is permitted by the City’s General Plan Land Use Element at the Operative Date of this Agreement or that prohibits or restricts the establishment or expansion of urban services including but not limited to community sewer systems to the Project. 5.4 Modification of Approvals. Throughout the term of this Agreement, Developer shall have the right, at its election and without risk to or waiver of any right that is vested in it pursuant to this section, to apply to City for modifications to Project Approvals and Subsequent Approvals. The approval or conditional approval of any such modification shall not require an amendment to this Agreement, provided that, in addition to any other findings that may be required to approve or conditionally approve the modification, a finding is made that the modification is consistent with this Agreement and Ordinance No. 510 Page 11 672 6 does not alter the permitted uses, density, intensity, maximum height, size of buildings or reservations and dedications as contained in the Project Approvals. 5.5 Issuance of Building Permits. No Building Permit shall be unreasonably withheld or delayed from Developer if Developer complies with this Agreement and the Project Approvals and Subsequent Approvals. In addition, no Final Building Permit final inspection or Certificate of Occupancy will be unreasonably withheld or delayed from Developer if all infrastructure required by the Project Approvals, Subsequent Approvals, and this Agreement to serve the portion of the Property covered by the Final Building Permit is in place or is scheduled to be in place prior to completion of construction, the Developer is in compliance with all provisions of this Agreement, the Project Approvals and Subsequent Approvals, and all of the other relevant provisions of the Project Approvals, Subsequent Approvals and this Agreement have been satisfied. Consistent with Subsection 5.1 of this Agreement, in no event shall building permits be allocated on any annual numerical basis or on any arbitrary allocation basis. 5.6 Moratorium on Development. Nothing in this Agreement shall prevent City, whether by the City Council or through the initiative or referendum process, from adopting or imposing a moratorium on the processing and issuance of Subsequent Approvals and building permits and on the finalizing of building permits by means of a final inspection or certificate of occupancy, provided that the moratorium is adopted or imposed (i) on a Citywide basis to all substantially similar types of development projects and properties with similar land use designations and (ii) as a result of a utility shortage or a reasonably foreseeable utility shortage including without limitation a shortage of water, sewer treatment capacity, electricity or natural gas. 6. Developer Agreements. 6.1 Development as a Residential Project. Developer shall comply with (i) this Agreement, (ii) the Project Approvals, (iii) all Subsequent Approvals for which it was the applicant or a successor in interest to the applicant, and (iv) ND and any subsequent or supplemental environmental actions. Developer agrees not to apply for any non - residential uses on the Property. 6.2 Condition of Dedicated or Conveyed Property. All lands and interests in land dedicated to City shall be free and clear of liens and encumbrances other than easements or restrictions that do not Ordinance No. 510 Page 12 673 7 preclude or interfere with use of the land or interest for its intended purpose, as reasonably determined by City. 6.3 North Hills Parkway Improvements. (a) Not later than twelve (12) months after the date of the issuance of the first grading permit for the Project, Developer shall execute and deliver, in a form approved by the City Attorney and at no cost to the City, an irrevocable offer of dedication of a fee interest for the future street right of way of North Hills Parkway along the entire southerly border of the property, along with necessary slope easements and construction easements. The dedication shall be approximately one hundred feet (100’) wide so as to be sufficient to provide the City a two hundred (200’) foot roadway. (b) At the time set forth in the Conditions of Approval applicable to the Project as provided in the Project Approvals, Developer shall design and construct the public street improvement for North Hills Parkway from the North Hills Parkway ingress/egress point into the project, east to Gabbert Road to a total width of a maximum of two lanes (one in each direction) within the two hundred foot (200’) right of way. The roadway improvements shall include: curb and gutter, sidewalks, street paving, a landscaped center median, street lights, trees and utilities to the extent required by the applicable improvement plans. The location of roadway improvements and dedications for construction of the North Hills Parkway shall be conceptually shown in Exhibit D (the North Hills Parkway Exhibit). (c) If construction of North Hills Parkway from the eastern portion of the Project (project entry) to Gabbert Road has not been completed, Developer shall be required to acquire property, at Developer’s sole expense that is necessary to construct North Hills Parkway from the eastern portion of the Project to Gabbert Road. 6.4 Development Fee Per Unit. As a condition of the final inspection for each market rate residential dwelling unit within the Property, Developer shall pay City a one-time development fee as described herein (the “Development Fee”). The Development Fee may be expended by City in its sole and unfettered discretion. The amount of the Development Fee shall be Nine Thousand Five Hundred and One Dollars ($9,501.00) per market rate residential unit. The Development Fee shall be adjusted annually commencing Ordinance No. 510 Page 13 674 8 January 1, 2026, by the Consumer Price Index (CPI). The annual CPI adjustment shall be determined by using the information provided by the U.S. Department of Labor, Bureau of Labor Statistics, for all urban consumers within the Los Angeles/Long Beach/Anaheim metropolitan area during the prior year. The calculation shall be made using the month of October over the prior October. In the event there is a decrease in the referenced Index for any annual indexing, the current amount of the fee shall remain until such time as the next subsequent annual indexing which results in an increase. 6.5 Traffic Mitigation Fee. As a condition of final inspection for each market rate residential dwelling unit within the boundaries of the Property, Developer shall pay City a one-time traffic mitigation fee as described herein (“Citywide Traffic Fee”). The Citywide Traffic Fee may be expended by City in its sole and unfettered discretion. The amount of the Citywide Traffic Fee shall be Eleven Thousand One Hundred Fifty-Three Dollars ($11,153.00) per market rate residential unit. The Citywide Traffic Fee shall be adjusted annually commencing January 1, 2026 and annually thereafter by the change in the Caltrans Highway Bid Price Index (Bid Price Index) for Selected California Construction Items for the twelve (12) month period available on December 31 of the preceding year (“annual indexing”). In the event there is a decrease in the Bid Price Index for any annual indexing, the current amount of the fee shall remain until such time as the next subsequent annual indexing which results in an increase. 6.6 Los Angeles Avenue Area of Contribution (LAAOC) Fees. Developer shall pay the LAAOC fee in effect at the time of final inspection for each market rate residential dwelling unit within the Property. 6.7 Air Quality Fees. Developer agrees to pay to City a one-time air quality fee, as described herein (“Air Quality Fee”), in satisfaction of the Transportation Demand Management Fund requirement for the Project. The Air Quality Fee may be expended by City in its sole discretion for reduction of regional air pollution emissions. The Air Quality Fee shall be One Thousand Seven Hundred Sixty- Five Dollars ($1,765.00) per market rate residential dwelling unit within the Property to be paid prior to the final inspection for each residential dwelling unit in the Project. If the Air Quality Fee is not paid by January 1, 2026, then commencing on January 1, 2026, and annually thereafter, the Air Quality Fee shall be adjusted by any Ordinance No. 510 Page 14 675 9 increase in the Consumer Price Index (CPI) until all fees have been paid. The CPI increase shall be determined by using the information provided by the U.S. Department of Labor, Bureau of Labor Statistics, for all urban consumers within the Los Angeles/Long Beach/Anaheim metropolitan area during the prior year. The calculation shall be made using the month of October over the prior month of October. In the event there is a decrease in the CPI for any annual indexing, the fee shall remain at its then current amount until such time as the next subsequent annual indexing which results in an increase. 6.8 Park Fees. Prior to the final inspection for each market rate residential dwelling unit within the Property, Developer shall pay a one-time fee in lieu of the dedication of parkland and related improvements (“Park Fee”). The amount of the Park Fee shall be Twelve Thousand Four Hundred Forty-seven Dollars ($12,447.00) for each market rate residential dwelling unit within the Property. If the Park Fee is not paid by January 1, 2026, the Park Fee shall be adjusted annually commencing January 1, 2026 by the larger increase of a) or b) as follows: (a) The change in the CPI. The change shall be determined by using the information provided by the U.S. Department of Labor, Bureau of Labor Statistics, for all urban consumers within the Los Angeles/Long Beach/Anaheim metropolitan area during the prior year. The calculation shall be made using the month of October over the prior October; or (b) The calculation shall be made to reflect the change in the Caltrans Highway Bid Price Index (Bid Price Index) for Selected California Construction Items for the twelve (12) month period available on December 31 of the preceding year (annual indexing). In the event there is a decrease in both referenced Indices for any annual indexing, the Park Fee shall remain at its then current amount until such time as the next subsequent annual indexing which results in an increase. Developer agrees that the above-described payments shall be deemed to satisfy the parkland dedication requirement set forth in California Government Code Section 66477 et seq. for the Property. 6.9 Community Services Fee. As a condition of final inspection for each market rate residential dwelling unit within the boundaries of the Project, Developer shall pay City a one-time community services fee as described herein (Community Services Fee). The Community Services Fees may be expended by City in its sole and unfettered Ordinance No. 510 Page 15 676 10 discretion. The amount of the Community Services Fees shall be Two Thousand Seven Hundred Eighty-Eight Dollars ($2,788.00) per market rate residential dwelling unit. Commencing on January 1, 2026, and annually thereafter, the Community Services Fee shall be adjusted by any increase in the Consumer Price Index (CPI) until all Community Service Fee have been paid. The CPI increase shall be determined by using the information provided by the U.S. Department of Labor, Bureau of Labor Statistics, for All Urban Consumers within the Los Angeles/Long Beach/Anaheim metropolitan area during this prior year. The calculation shall be made using the month of October over the prior month of October or in the event there is a decrease in the CPI for any annual indexing, the Community Service Fee shall remain at its then current amount until such time as the next subsequent annual indexing which results in an increase. 6.10 Art in Public Places Fee. Developer agrees to pay the Art in Public Places Fee (Art Fee) in effect at the time of final inspection for each residential unit prior to the issuance of the building permit for that residential building within the Project consistent with City Resolution No. 2005-2408 or any Successor Resolution (1.0 percent of total building valuations excluding land value and off -site improvement costs). Per Chapter 17.50 of the Moorpark Municipal Code, developer may install “an approved artwork on private property to satisfy his public art obligation. Any artwork to be installed deemed to comply with Chapter 17.50 shall be approved by the City Council prior to issuance of building permit of the first residential unit and installed prior to issuance of a certificate of occupancy for the tenth residential unit. 6.11 Other Development and Processing Fees. In addition to fees specifically mentioned in this Agreement, Developer agrees to pay all City capital improvement, development, and processing at the rate and amount in effect at the time the fee is required to be paid. Said fees include but are not limited to Library Facilities Fees, Police Facilities Fees, Fire Facilities Fees, drainage, entitlement processing fees, and plan check and permit fees for buildings and public improvements. Developer further agrees that unless specifically exempted by this Agreement, it is subject to all fees imposed by City at the Operative Date of this Agreement and such future fees imposed as determined by City in its sole discretion so long as such fees are imposed on projects similar to the Project or on property similar to the Property. 6.12 Processing Fees. On the Operative Date, Developer shall pay all outstanding City processing costs related to preparation of this Agreement, the Project Approvals and the ND. Ordinance No. 510 Page 16 677 11 6.13 Community Facilities District. (a) It is the mutual intent of the Parties that the development of the Project will not have any fiscal impact on or require any contribution from the General Fund of the City. Project funding for costs of the development of the Project may include a mix of different approaches, including without limitation, Developer construction of and/or financing of such services, facilities, operations and maintenance through the payment of Impact Fees or other fees, taxes, levies, assessments, formation of and payment by a homeowner’s association, or other financing mechanisms as determined by Developer in its reasonable discretion, pursuant and subject to this Agreement, the Project Approvals, Subsequent Approvals and all Applicable City Law, taking into account and guided by the pre-existing rights of others in the existing and future public services and facilities (including their operations and maintenance) that Developer may seek to use. To facilitate such intent, as necessary, the Developer may request the City to form one or more assessment or financing districts (“District(s)”), pursuant to Chapter 2.5 of Part 1 of Division 2 of the California Government Code (Government Code Sections 53311 et seq.) (the “CFD Act”), the Streets and Highways Code, Division 10 and 12, the Landscape and Lighting Act of 1972, or other similar law for the purposes of funding services required to be provided or funded under this Agreement, as Developer agrees to implement and the City determines are lawfully and appropriately funded by th e District. To the extent other property owners outside the Property are interested or benefit and are made part of such District, such other properties may be encompassed in such District in accordance with applicable law. (b) In connection with the formation of a District, Developer shall: (i) file with the City a petition for the formation of the District, (ii) provide any deposit required by the applicable act, (iii) not oppose formation of the District and (iv) vote in favor of the special tax or assessment, as appropriate, to fund the District. (c) Developer acknowledges and agrees that the City will not accept any improvements or facilities to be maintained by the District nor shall the Developer receive any payments from the District for any improvements or facilities until such facilities and improvements have been inspected and the City determines in its reasonable discretion, that such improvements and facilities have been completed in Ordinance No. 510 Page 17 678 12 accordance with the applicable plans, and have no liens outstanding. (d) The City and Developer agree that the assessments or special taxes for any District formed will be collected from parcels in the District as provided in the rate and method of apportionment (RMA) prepared for that District. (e) Upon written request of City, Developer will advance amounts necessary to pay all costs and expenses of City to evaluate and structure any District or other financing mechanism, to the end that City will not be obligated to pay any costs related to the formation or implementation of any District or other financing mechanism. City staff shall meet with the Developer to establish a preliminary budget for such costs, and will confer with Developer from time to time as to any necessary modifications to that budget. Any District may provide for the reimbursement to Developer of any advances by Developer for any costs incurred as provided immediately above, and any other costs incurred by Developer that are related to the District, such as the costs of legal counsel, special tax consultants, engineers, etc. (f) A Community Facilities District or other funding mechanism to the satisfaction of the City Council, shall be established to provide funding for: i. Recreation facilities: Recreation on site will consist of a 12 feet wide, decomposed granite trail that runs along North Hills Parkway. This horse trail will not only provide a path for horses but also for pedestrians wishing to engage in walking or jogging activities. ii. Open space: Lot A, at 139,974.33 square feet and 3.213 acres, which runs along North Hills Parkway will provide open space and landscaping for the overall site (Lot A from Lot D to approximately Lot 101). iii. The graded slope improvements on North Hills Parkway at Gabbert Road outside of the east Tract boundary. iv. All landscaping south of North Hills Parkway from Gabbert Road to the west tract boundary. v. Landscape maintenance and improvements on the west portion of North Hills Parkway along the southern portion of the Property to Gabbert Road corresponding to the Ordinance No. 510 Page 18 679 13 portions of the North Hills Parkway improved by Developer under this Agreement. 6.14 Gabbert Road Railroad Crossing Contribution. Developer agrees to contribute to the cost of the design and construction of Gabbert Road and the Union Pacific railroad crossing by paying the City three hundred thousand ($300,000.00) no later than before the final inspection of the 70th dwelling unit within the project. Said funds shall be deposited into the City’s Traffic Mitigation Fund to be used in conjunction with other funds collected by the City for the purpose of widening and making other improvements to that intersection to improve vehicular and pedestrian traffic flow through that intersection. 6.15 [INTENTIONALLY LEFT BLANK] 6.16 Densities Allowed for Development and Affordable Housing. (a) Developer agrees that densities vested and incentives and concessions received in the Project Approvals include all densities available as density bonuses and all incentives and concessions to which Developer is entitled under the Moorpark Municipal Code, Government Code Sections 65915 through 65917.5 or both; Developer shall not be entitled to further density bonuses or incentives or concessions and further agrees, in consideration for the density bonus obtained through the Project Approvals that is greater than would otherwise be available, to provide the eighteen (18) housing units (listed on Exhibit C.) with a minimum of 1,483 square feet and three (3) bedrooms, two (2) baths each, affordable to moderate income households (not to exceed 120% of median income adjusted for family size), one two (2) units with a minimum of 1,483 square feet and three (3) bedrooms, two (2) baths affordable to very low income households (not to exceed 50% of median income adjusted for family size) and one (1) unit with a minimum of 1,483 square feet and three (3) bedrooms, two (2) baths affordable to extremely low income households (not to exceed 30%) of median income adjusted for family size) (twenty total units). (b) Developer explicitly acknowledges that its agreement to construct these affordable units is given both as specific consideration for both the density bonus and in general as consideration for City’s willingness to negotiate and enter into this Agreement and for the valuable consideration given by City through this Agreement. Developer further acknowledges that its agreement to construct these Ordinance No. 510 Page 19 680 14 affordable units is not the result of an existing policy or regulation imposed by City but instead is the result of arm’s length negotiation between Parties. (c) Developer further agrees that it shall provide the required number of affordable housing units as specified above regardless of the cost to acquire or construct said housing units. Developer further agrees that City has no obligation to use eminent domain proceedings to acquire any of the required affordable housing units and that this Subsection 6.16 is specifically exempt from the requirements of Subsection 7.2. (d) Prior to recordation of the first Final Map for this Project, the parties agree to execute an Affordable Housing Purchase and Sale Agreement (Affordable Housing Agreement) that sets forth the Developer’s and City’s obligations and provides procedures and requirements to ensure that all the required affordable housing units are provided consistent with this Agreement and applicable State laws and remains affordable for the longest feasible time. The Affordable Housing Agreement shall include but not be limited to the following items: Initial Purchase Price, market value, buyer eligibility, affordability and resale covenants and restrictions, equity share and second trust deed provision, respective role of City and Developer, the responsibility of providing the affordable units by each developer in the event of successors and/or assigns to this Agreement, quality of and responsibility for selection of amenities and applicability of home warranties to meet all or a portion of its obligation and any other items determined necessary by the City. Developer shall pay the City’s direct costs for preparation and review of the Affordable Housing Agreement up to a maximum of five-thousand Dollars ($5,000.00) Any unused funds for drafting of the affordable housing Agreement shall be returned to developer within 60 days of execution of the Agreement by both parties. (e) All affordable units shall meet the criteria of all California Health and Safety Code statutes and implementing regulations pertaining to for-sale Affordable Housing units so as to qualify as newly affordable to low-income households and to satisfy a portion of the City’s Regional Housing Needs Allocation (RHNA) obligation. The affordable units required by this Agreement are consideration for City’s entry into this Agreement and therefore none of the affordable units shall duplicate or substitute for the affordable housing requirement of any other developer or development project. All Ordinance No. 510 Page 20 681 15 subsequent approvals required of City under this Subsection 6.16 shall be made at City’s sole discretion. If any conflict exists between this Agreement and the Affordable Ho using Agreement required by and negotiated pursuant to this Agreement or the conditions of approval for Tentative Tract Map No. 5847 and/or RPD Permit No. 2016-02, then the Affordable Housing Agreement shall prevail. (f) The CC&Rs for the Project shall provide for a cap on each income restricted unit on the assessment and collection of monthly Homeowner Association (HOA) fees to not exceed two hundred dollars ($200.00). (g) The Affordable Sales Price for low-income buyers shall not exceed affordable housing cost, as defined in Sec. 50052.5(b)(3) of California Health and Safety Code. Section 50052.5(h) of the California Health and Safety Code provides that an appropriate household size in terms of determining purchase price is one more person than the number of bedrooms. This means that the pricing for a three (3) bedroom unit will be based on a household of four (4) regardless of the actual size of the household purchasing the unit. For example, the monthly “affordable housing cost” for a three (3) bedroom unit would be 30% times 70% of the current median income for a household of four (4) in Ventura County, divided by twelve (12). This monthly amount includes the components identified in Section 6920 of Title 25 of the California Code of Regulation shown below (See Section 50052.5(c) of the Health and Safety Code). The Affordable Sales Price for a low-income household purchasing a three (3) bedroom unit under current market conditions, based upon the following assumptions: Ordinance No. 510 Page 21 682 16 (h) The assumptions associated with the above purchase price figures for low-income households include a 5% down payment, based on Affordable Sales Price for a three (3) bedroom unit, mortgage interest rate of 4.65%, no mortgage insurance, property tax rate of 1.25%, based on Affordable Sales Price, homeowners’ association dues of $200.00 per month, fire insurance of $20.00 per month, maintenance costs of $30.00 per month, and utilities of $186.00 per month for a three (3) bedroom unit. (i) Developer acknowledges that changes in market conditions may result in changes to the Affordable Sales Price, down payment amounts, mortgage interest rates, and other factors for both low income and very buyers. Furthermore, if “affordable housing cost”, as defined in Section 50052.5 of California Health and Safety Code, should change in the future, the above guidelines will be modified. The Affordable Housing Purchase and Sale Agreement negotiated pursuant to this Agreement shall address this potential change. Developer acknowledges that amounts listed in the “Low Income Buyer” table in Subsection 6.16(g), above, are for illustration purposes only and are subject to change. (j) In the event the City, at its sole discretion purchases one or more of the units from Developer in lieu of a qualified buyer, the Affordable Sales Price shall be based on a household size appropriate to the number of bedrooms in the unit being Item Detail Amount 3 Bedroom Affordable Sale $214,000.00 Down Payment 5% of Affordable Sales Price $10,700.00 Loan Amount Affordable Sales Price less Down $203,300.00 Interest Rate 4.65% Monthly Property Tax 1.25% of Initial Purchase Price 223.00 LMD Not Currently N/A HOA 200.00 Fire Insurance 20.00 Maintenance 30.00 Utilities 186.00 Low Income Buyer Ordinance No. 510 Page 22 683 17 purchased by the City, consistent with all requirements of this Subsection 6.16. Developer agrees that, pursuant to City’s rights under this Agreement and/or the Affordable Housing Agreement and prior to and upon the sale of a required unit to a qualified buyer (or City in lieu of a qualified buyer as determined by City at its sole discretion), City may at its sole discretion take any actions and impose any conditions on said sale or subsequent sale of the unit to ensure ongoing affordability to low-income households and related matters. After the sale of a housing unit by Developer to a qualified buyer (or City in lieu of a qualified buyer as determined by City at its sole discretion), City, not Developer, shall have sole responsibility for approving any subsequent sale of that housing unit. (k) Developer agrees that City shall be responsible at its sole discretion for marketing the affordable units, selecting and qualifying eligible buyers for these units, and overseeing the escrow processes to sell the affordable units to low income households; and providing the forms of Deed of Trust, Promissory Note, Resale Refinance Restriction Agreement and Option to Purchase Property and Notice of Affordability Restriction on Transfer of Property and all necessary contracts and related documents to ensure that the referenced affordable units remain occupied by low income households for the longest feasible tim e (the “Affordability Documents”). Developer further agrees that the difference between the Affordable Sales Price (as referenced in this Agreement) paid by a qualified buyer and market value shall be retained by City as a second deed of trust. (l) Developer shall pay closing costs for each affordable unit, not to exceed eight thousand dollars ($8,000.00). Beginning January 1, 2026 and on January 1st for each year thereafter, the maximum eight thousand dollars ($8,000.00) to be paid for closing costs shall be increased annually by any percentage increase in the Consumer Price Index (CPI) for All Urban Consumers for Los Angeles/Long Beach/Anaheim metropolitan area during the prior year. The calculation shall be made using the month of October over the month of October. In the event there is a decrease in the CPI for any annual indexing, the closing costs for each affordable unit shall remain at its then current amount until such time as the next subsequent annual indexing which results in an increase. The referenced Developer funded closing costs shall be for the benefit of qualified buyers (or City in lieu of qualified buyers if one or more of the required units are purchased by Ordinance No. 510 Page 23 684 18 the City) in their acquisition of a unit from Developer not Developer’s acquisition of a unit from one or more third parties. The Developer’s escrow cost shall not exceed the then applicable maximum amount per unit regardless of the number of escrows that may be opened on a specific unit. (m) Developer warrants that the quality of materials and construction techniques of the affordable units sold to the qualified low-income buyers, or City shall in all manner be identical to that of all other units constructed in this Project and subject to all Conditions of Approval and shall meet all Building Codes. (n) The City shall have the same choices of basic finish options as purchasers of market rate units in this Project and final walk-through approval of condition of unit before close of sale. Any basic finish options provided to buyers of market rate units shall be provided to City or buyer(s) of the affordable units, including but not limited to color and style choices for carpeting and other floor coverings, counter tops, roofing materials, exterior stucco and trim of any type, fixtures, and other decorative items. City staff person responsible for affordable housing will select basic finish options for the affordable units. (o) Developer agrees that all warranties for the affordable units shall be the same or better than those for the market rate units, all such warranties shall inure to the benefit of and be enforceable by the ultimate occupants of the affordable units and that all warranties by subcontractors and suppliers shall inure to the benefit of and be enforceable by such occupants. The home warranties for the affordable units shall be the same duration as the warranties for the market rate units and not less than the maximum time required by State law but in no event less than ten (10) years. (p) Developer agrees to provide the same amenities for the affordable units (purchased by the low-income buyer, or City) as those amenities that are provided for the market rate units. The amenities shall include but not be limited to concrete roof tiles; air conditioning/central heating; garage door opener; fireplaces; washer/dryer hook-ups; garbage disposal; built-in dishwasher, stove, oven and microwave; windows; wood cabinets; shelving; counter-tops; floor coverings; window coverings; electrical outlets, lighting fixtures and other electrical items; plumbing fixtures including sinks, toilets, bathtubs and showers; and door and cabinet hardware, and Ordinance No. 510 Page 24 685 19 shall all be of the same quality and quantity as provided in the Project’s market rate units as determined by the City’s Community Development Director and City staff person responsible for City’s Affordable Housing Programs. (q) The floor plan and size of the units shall be approved by the Community Development Director and City staff person responsible for City’s Affordable Housing Programs and each income restricted unit shall include a downstairs bathroom. (r) The parties agree that prior to and upon the sale of an affordable unit to a qualified buyer or City, City may at its sole discretion take any actions and impose any conditions on buyer eligibility and on said sale or subsequent sale of the unit to ensure ongoing affordability to low-income households and related matters. Developer agrees if it sells any of the affordable units directly to qualified low-income buyers, all requirements of the buyer, including, but not limited to, completion of a City approved homebuyer education training workshop and the Affordability Documents, shall be included as a requirement of the sale. The language of all such documents shall be approved by City at its sole discret ion. City has sole discretion in selecting lenders, escrow and title companies and real estate professionals to assist with the sale of the affordable units. (s) In the event City is unable to provide a qualified buyer when one of the low-income units has received final inspection approval, Developer shall be allowed to continue to obtain building permits and/or final inspection approval for the non - affordable units. Any low-income units remaining unsold six (6) months after the final inspection approval of the 134th unit will be purchased by the City, as provided for in the Affordable Housing Agreement. Developer is required to maintain low- income units in move-in condition until such time as the City finds a buyer. For purposes of this schedule, final inspection approval requires approval of the City’s Building Official and Community Development Director. (t) Developer also agrees that subsidiaries, divisions or affiliates of Developer may not be used to provide lending, escrow or other services relevant to the purchase transactions for the affordable units. (u) If a qualified low-income buyer is identified by City prior to or at the time of final inspection approval of any of the affordable units, Developer shall open escrow for the sale of said unit as Ordinance No. 510 Page 25 686 20 provided for in the Affordable Housing Agreement, and shall enter escrow directly with the buyer identified by City, and proceed to closing of said escrow. If a qualified low-income buyer has not been identified at the time Developer receives final inspection approval for an affordable unit, City, at its option, may agree to purchase the affordable unit required to be provided by Developer for the amount and at the time as provided for in this agreement. Developer and City agree to use their best efforts to complete the close of escrow within forty-five (45) days of the final inspection approval of an affordable unit. (v) Developer shall satisfy all mechanic’s, laborer’s, material man’s, supplier’s, or vendor’s liens and any construction loan or other financing affecting any unit or lot in the Project which has been designated for an affordable unit, before the close of escrow for that affordable unit. (w) Developer agrees that the required construction of the low - income affordable units must receive final inspection approval by Developer on terms consistent with this Agreement and the Affordable Housing Agreement as specified in the following schedule: (x) The required affordable units within the Project shall be designated as unit numbers in within the Project consistent with Exhibit “C” attached hereto and incorporated herein. The City Manager or the City Manager’s designee may approve in writing different unit numbers within the Project so long as the unit contains no less than 1,483 square feet, with a minimum of three (3) bedrooms and two (2) baths each. (y) Developer shall provide the initial buyer of each Completed Unit in the Project a disclosure that the Project includes twenty (20) residential dwelling units that will be sold to qualified lowmoderate and very low-income households. The disclosures shall also state that these twenty (20) residential dwellings shall have deed restrictions recorded on their title Prior to Occupancy of Number of Affordable Units 38th Unit 6 74th Unit 6 104th Unit 6 134th Unit 2 Total Units 20 Ordinance No. 510 Page 26 687 21 that restrict the re-sale of these units only to qualified low- income buyers. The form and language of the disclosure shall be approved by the City Attorney and Community Development Director and shall conform to all requirements of the applicable State agencies pertaining to real estate disclosures. 6.17 Annual Review Procedures. Developer agrees to comply with Section 15.40.150 of the Moorpark Municipal Code and any provision amendatory or supplementary thereto for annual review of this Agreement and further agrees that the annual review shall include evaluation of its compliance with the approved Project conditions of approval. 6.18 Eminent Domain. Developer agrees that any election to acquire property by eminent domain shall be at City’s sole discretion, and only after compliance with all legally required procedures including but not limited to a hearing on a proposed resolution of necessity. 6.19 Subdivision Improvement Agreement. Prior to the submittal of an application for any subdivision, or any other development project or entitlement application, Developer shall submit and gain approval from City Council a subdivision improvement agreement to guarantee the Developer agreements contained in this Agreement and in the conditions of approval for the VTTM and RPD. The plan shall address the entities responsible and method and timing of guarantee for each component of Developer’s obligations and is subject to City approval at its sole discretion. 6.20 Fee Protest Waiver. Developer agrees that any fees and payments pursuant to this Agreement and for the Project shall be made without reservation, and Developer expressly waives the right to payment of any such fees under protest pursuant to California Government Code Section 66020 and statutes amendatory or supplementary thereto. Developer further agrees that the fees it has agreed to pay pursuant to Subsections 6.4, 6.5, 6.6, 6.7, 6.8 and 6.9 of this Agreement are not public improvement fees collected pursuant to Government Code Section 66006 and statutes amendatory or supplementary thereto. 6.21 CPI Indexes. In the event the “CPI” referred to in Subsections 6.4, 6.5, 6.7, 6.8 and 6.9 or the Bid Price Index referred to in Subsections 6.5 and 6.8 are discontinued or revised, a successor index with which the “CPI” and or Bid Price Index are replaced shall be used in order to obtain substantially the same result as would otherwise have been obtained if either or both the “CPI” and Bid Price Index had not been discontinued or revised. Ordinance No. 510 Page 27 688 22 6.22 City Ability to Modify. Developer acknowledges the City’s ability to modify the development standards and to change the General Plan designation and zoning of the Property upon the termination or expiration of this Agreement (if the Project has not been built), and Developer hereby waives any rights they might otherwise have to seek judicial review of such City actions to change the development standards, General Plan designation and zoning to those development standards and density of permitted development to that in existence prior to the approval of GPA No. 2016-02 and ZC No. 2016-02. 6.23 Homeowners Association. Prior to recordation of the first final map for the Property, if required by City at its sole discretion, Developer shall form one or more property owner associations to assume ownership and maintenance of private recreation, private streets, parking lots, landscape areas, flood control and NPDES facilities and other amenities within the Project. The obligation of said Homeowners Associations shall be more specifically defined in the conditions of approval of the first tentative tract or parcel map for the property. 6.24 Developer agrees that subject to its reimbursement rights in Subsection 7.5 below, prior to the issuance of the first building permit, the Developer shall: Improve Gabbert Road from immediately north of the railroad right-of-way to the proposed intersection of North Hills Parkway, with improvements to include four (4) travel lanes, with bikelanes, curbs, gutters, parkways, and sidewalks on each side of the street, all consistent with Ventura County Standards to the satisfaction of the City Engineer/Public Works Director. 6.25 Secondary Access to Los Angeles Avenue. This Project is required to extend a secondary access road from the west side of the Project to Los Angeles Avenue as indicated on VTTM 5847, Sheet 7, Overall Access Plan. All required access easements and permits necessary from any agency or property owner to install this required secondary access road shall be obtained prior to the issuance of any building permit for the development. Grading and improvement plans for this secondary access road shall be submitted to the City and the Fire Department for review and approval prior to construction of the access road. By acceptance of these conditions of approval, the applicant and or developer waives the provisions of Government Code Section 66462.5. Failure of the Developer to obtain the required easements and permits will cause this Project to not comply with the findings required under Government Code Section 66474.02 and will require a redesign of the Project to provide the required secondary access. Ordinance No. 510 Page 28 689 23 7. City Agreements. 7.1 Commitment of Resources. At Developer’s expense, City shall commit reasonable time and resources of City staff to work with Developer on the processing of applications for Project Approvals and all Subsequent Approvals and Building Permits for the Project area and if requested in writing by Developer shall use overtime and independent contractors whenever possible. 7.2 Easement and Fee Title Acquisitions. If requested in writing by Developer and limited to City’s legal authority, City at its sole and absolute discretion shall proceed to acquire, at Developer’s sole cost and expense, easements or fee title to land in which Developer does not have title or interest in order to allow construction of public improvements required of Developer including any land which is outside City’s legal boundaries. The process shall generally follow Government Code Section 66462.5 et seq. and shall include the obligation of Developer to enter into an agreement with City, guaranteed by cash deposits and other security as the City m ay require, to pay all City costs including but not limited to, acquisition of the interest, attorney fees, appraisal fees, engineering fees, City staff costs, and City overhead expenses of 15% on all out -of-pocket costs. 7.3 Concurrent Entitlement Processing. City agrees that whenever possible as determined by City in its sole discretion to process concurrently all land use entitlements for the Project so long as the application for such entitlements are “deemed complete” in compliance with the requirements of Chapter 4.5 Review and approval of Development Projects (Permit Streamlining Act) of the California Government Code. 7.4 Park Fees. City agrees that the Park Fee required under Subsection 6.8 of this Agreement meets all of Developer’s obligations under applicable law for park land dedication. 7.5 Reimbursements Rights. If improvements to Gabbert Road are constructed by A-B Properties, or successor, A-B Properties may seek reimbursement from Developer for those improvements also required of Developer. These road improvements shall include the Gabbert Road improvements from the intersection with Poindexter Avenue north of a point one-hundred and twenty-five (125) feet north of the railroad right-of-way as well as improvements to North Hills Parkway between Gabbert Road on the east and the eastern Project boundary on the west. Ordinance No. 510 Page 29 690 24 If the Hitch Ranch development constructs improvements to Gabbert Road including but not limited to those indicated above, Hitch Ranch may seek reimbursement from Developer for those improvements required of Developer according to the Ventura County Fire Department. Similarly, if improvements to Gabbert Road are constructed by Developer, Developer may seek reimbursement from A-B Properties for those improvements required of A-B Properties for its development. These road improvements shall include the Gabbert Road improvements from the intersection with Poindexter Avenue north of a point one-hundred and twenty-five (125) feet north of the railroad right-of-way as well as improvements to North Hills Parkway between Gabbert Road on the east and the eastern Project boundary on the west. If Developer constructs improvements to Gabbert Road, including but not limited to those indicated above, Developer may seek reimbursement from Hitch Ranch for those improvements required of Hitch Ranch by the Ventura County Fire Department . Developer may negotiate and enter into reimbursement agreements with owners of the Hitch Ranch and A-B Properties to either reimburse those projects an agreed upon amount for construction costs associated with required roadway improvements on Gabbert Road or be reimbursed by the Hitch Ranch and A-B Properties owners an agreed upon amount for construction costs associated with required roadway improvements on Gabbert Road. The reimbursement agreements shall not be subject to City approval, or on a form provided by the City. Fully executed copies of the reimbursement agreements shall be provided to the City upon execution by the parties to the agreements. 7.6 [INTENTIONALLY BLANK] 8. Supersession of Agreement by Change of Law. In the event that any state or federal law or regulation enacted after the date the Enabling Ordinance was adopted by the City Council prevents or precludes compliance with any provision of the Agreement, such provision shall be deemed modified or suspended to comply with such state or federal law or regulation, as reasonably determined necessary by City. 9. Demonstration of Good Faith Compliance. To ascertain compliance by Developer with the provisions of this Agreement, the Agreement shall be reviewed annually in accordance with Moorpark Municipal Code Chapter 15.40. of City or any successor thereof then in effect. The failure of City to conduct any such annual review shall not, in any manner, constitute a breach of this Agreement by City, diminish, impede, or abrogate the obligations of Developer hereunder or render this Agreement invalid or void. Ordinance No. 510 Page 30 691 25 At the same time as the referenced annual review, City shall also review Developer’s compliance with the MMRP. 10. Authorized Delays. Performance by any Party of its obligations hereunder, other than payment of fees, shall be excused during any period of “Excusable Delay”, as hereinafter defined, provided that the Party claiming the delay gives written notice of the delay to the other Parties as soon as possible after the same has been ascertained. For purposes hereof, Excusable Delay shall mean delay that directly affects, and is beyond the reasonable control of, the Party claiming the delay, including without limitation: (a) act of God; (b) civil commotion; (c) riot; (d) strike, picketing or other labor dispute; (e) shortage of materials or supplies; (f) damage to work in progress by reason of fire, flood, earthquake or other casualty; (g) failure, delay or inability of City or other local government entity to provide adequate levels of public services, facilities or infrastructure to the Property including, by way of example only, the lack of water to serve any portion of the Property due to drought; (h) delay caused by a delay by other third party entities which are required to approve plans or documents for Developer to construct the Project, or restrictions imposed or mandated by such other third party entities or governmental entities other than Ci ty, (including but not limited to, Ventura County Watershed Protection District); or (i) litigation brought by a third party attacking the validity of this Agreement, a Project Approval, a Subsequent Approval or any other action necessary for development of the Project. 11. Default Provisions. 11.1 Default by Developer. The Developer shall be deemed to have breached this Agreement if it: (a) Practices, or attempts to practice, any fraud or deceit upon City; or willfully violates any order, ruling or decision of any regulatory or judicial body having jurisdiction over the Property or the Project, provided that Developer may contest any such order, ruling or decision by appropriate proceedings conducted in good faith, in which event no breach of this Agreement shall be deemed to have occurred unless and until there is a final adjudication adverse to Developer; or (b) Fails to make any payments required under this Agreement within five (5) business days after City gives written notice to Developer that the same is due and payable; or (c) Breaches any of the other provisions of this Agreement and fails to cure the same within thirty (30) days after City gives written notice to Developer of such breach (or, if the breach is not able to be cured within such thirty (30) day period, Ordinance No. 510 Page 31 692 26 Developer fails to start to cure the same within thirty (30) days after delivery of written notice by City of such breach or fails to thereafter diligently prosecute the cure to completion. 11.2 Default by City. City shall be in breach of this Agreement if it breaches any of the provisions of this Agreement and fails to cure the breach within thirty (30) days after Developer gives written notice to City of the breach (or, if the breach is not able to be cured within such thirty (30) day period, City fails to start to cure the same within thirty (30) days after delivery of written notice from Developer of such breach or fails to thereafter diligently prosecute the cure to completion). 11.3 Content of Notice of Violation. Every notice of breach shall state with specificity that it is given pursuant to this section of this Agreement, the nature of the alleged breach, and the manner in which the breach may be satisfactorily cured. Every notice shall state the applicable period to cure. The notices shall be given in accordance with Section 20 hereof. 11.4 Remedies for Breach. The Parties acknowledge that remedies at law, including without limitation money damages, would be inadequate for breach of this Agreement by any Party due to the size, nature and scope of the Project. The Parties also acknowledge that it would not be feasible of possible to restore the Property to its natural condition once implementation of the Agreement has begun. Therefore, the Parties agree that the remedies for breach of this Agreement shall be limited to the remedies expressly set forth in this subsection. The remedies for breach of the Agreement by the City shall be injunctive relief and/or specific performance. Developer shall not be entitled to monetary damages or consequential damages for the City’s breach. In addition, in the event this Agreement is terminated by City pursuant to the provisions of Chapter 15.40 of the Moorpark Municipal Code, and such termination is found invalid or unenforceable by a court of competent jurisdiction, Developer shall not be entitled to monetary damages for the termination or consequential damages incurred that are the result of the termination. The remedies for breach of the Agreement by the Developer shall be injunctive relief and/or specific performance. In addition, and notwithstanding any other language of this Agreement, if the breach is of Subsection 6.16 of this Agreement, City shall have the right to withhold the issuance of building permits from the date that the notice Ordinance No. 510 Page 32 693 27 of violation was given pursuant to Subsection 11.3 hereof until the date that the breach is cured as provided in the notice of violation. Nothing in this subsection shall be deemed to preclude City from prosecuting a criminal action against Developer if it violates any City ordinance or State statute. 12. Mortgage Protection. 12.1 Discretion to Encumber. The Parties hereto agree that this Agreement shall not prevent or limit Developer, in any manner, at Developer’s sole discretion, from encumbering the Property or any portion thereof or any improvements thereon then owned by such person with any mortgage, deed of trust or other security device (“Mortgage”) securing financing with respect to the Property or such portion. Any mortgagee or trust deed beneficiary of the Property or any portion thereof or any improvements thereon and its successors and assigns (“Mortgagee”) shall be entitled to the following rights and privileges. 12.2 Lender Requested Modification/Interpretation. City acknowledges that the lenders providing financing to Developer for the Property may request certain interpretations and modifications of this Agreement. City therefore agrees upon request, from time to time, to meet with Developer and representatives of such lenders to discuss in good faith any such request for interpretation or modification. The City will not unreasonably withhold its consent to any such requested interpretation or modification provided such interpretation or modification is consistent with the intent and purposes of this Agreement, provided, further, that any modifications of this Agreement shall be subject to the provisions of this Agreement pertaining to modifications and amendments. 12.3 Mortgage Protection. This Agreement shall be superior and senior to the lien of any Mortgage. Notwithstanding the foregoing, no breach of this Agreement shall defeat, render invalid, diminish or impair the lien of any binding and effective against the Mortgagee and every owner of the Property, or part thereof, whose title thereto is acquired by foreclosure, trustee sale or otherwise; provided, however, Mortgagee and such owner shall not be responsible for any matters that occurred prior to their acquisition of the Property or such portion. 12.4 Written Notice of Default. If a non-monetary default is not cured by Developer within thirty (30) days after written notice by City to Developer or a monetary default is not cured with in five (5) days after written notice by City to Developer, then each Mortgagee shall Ordinance No. 510 Page 33 694 28 be entitled to received written notice from City of the applicable default by Developer under this Agreement provided the Mortgagee has delivered a written request to the City for such notice and shall have provided its address for notices in writing to the City. Each such Mortgagee shall have a further right, but not the obligation, to cure such default for an additional period of thirty (30) days after delivery of such notice of default by City to the Mortgagee. City shall not commence legal action against Developer by reason of Developer’s breach without allowing the Mortgagee to cure the same as specified herein. 13. Estoppel Certificate. At any time and from time to time, Developer may deliver written notice to City and City may deliver written notice to Developer requesting that such Party certify in writing that, to the knowledge of the certifying Party, (i) this Agreement is in full force and effect and a binding obligation of the Parties, (ii) this Agreement has not been amended, or if amended, the identity of each amendment, and (iii) the requesting Party is not in breach of this Agreement, or if in breach, a description of each such breach. The Party receiving such a request shall execute and return the certificate within ten (10) days following receipt of the notice. City acknowledges that a certificate may be relied upon by successors in interest to the Developer who requested the certificate and by holders of record of deeds of trust on the portion of the Property in which that Developer has a legal interest. 14. Administration of Agreement. Any consent or approval herein to be given by the City may be given by the City Manager provided it is expressed and is in writing. Any decision by City staff concerning the interpretation and administration of this Agreement and development of the Property in accordance herewith may be appealed by the Developer to the City Council, provided that any such appeal shall be filed with the City Clerk of City within ten (10) days after the affected Developer receives written notice of the staff decision. The City Council shall render its decision to affirm, reverse or modify the staff decision within thirty (30) days after the appeal was filed. The Developer shall not seek judicial review of any staff decision without first having exhausted its remedies pursuant to this section. 15. Amendment or Termination by Mutual Consent. In accordance with the provisions of Chapter 15.40 of the Moorpark Municipal Code of City or any successor thereof then in effect, this Agreement may be amended or terminated, in whole or in part, by mutual consent of City and the affected Developer. 15.1 Exemption for Amendments of Project Approvals. No amendment to a Project Approval or Subsequent Approvals shall require an amendment to this Agreement and any such amendment shall be deemed to be incorporated into this Agreement at the time that the Ordinance No. 510 Page 34 695 29 amendment becomes effective, provided that the amendment is consistent with this Agreement and does not alter the permitted uses, density, intensity, maximum height, size of buildings or reservations and dedications as contained in the Project Approvals or Subsequent Approvals. 16. Developer Indemnification. Developer shall indemnify, defend with counsel approved by City, and hold harmless City and its officers, employees and agents from and against any and all losses, liabilities, fines, penalties, costs, claims, demands, damages, injuries or judgments arising out of, or resulting in any way from, Developer’s performance pursuant to this Agreement including, but not limited to, Developer’s construction of the Project on the Property and construction of improvements on the City Site and any injury sustained by any person in connection with the construction or partial construction of buildings and improvements on the Property and City Site. Developer shall indemnify, defend with counsel approved by City, and hold harmless City and its officers, employees and agents from and against any action or proceeding to attack, review, set aside, void or annul this Agreement, or any provision thereof, the environmental documents prepared and approved in connection with the approval of the Project, or any Project Approval or Subsequent Approval or modifications thereto, or any other subsequent entitlements for the project and including any related environmental approval. 17. Time of Essence. Time is of the essence for each provision of this Agreement of which time is an element. 18. Operative Date. As described in Subsection 1.9 above, this Agreement shall become operative on the Operative Date, being the date the Enabling Ordinance becomes effective pursuant to Government Code Section 36937. 19. Term. This Agreement shall remain in full force and effect for a term of fifteen (15) years commencing on the Operative Date or until one year after the issuance of the final building permit for occupancy of the last unit of the Project whichever occurs last, unless said term is amended or the Agreement is sooner terminated as otherwise provided herein. Expiration of the term or earlier termination of this Agreement shall not automatically affect any Project Approval or Subsequent Approval or Building Permit or Final Building Permit that has been granted or any right or obligation arising independently from such Project Approval or Subsequent Approval or Building Permit or Final Building Permit. Upon expiration of the term or earlier termination of this Agreement, the Parties shall execute any document reasonably requested by any Party to Ordinance No. 510 Page 35 696 30 remove this Agreement from the public records as to the Property, and every portion thereof, to the extent permitted by applicable laws. Notwithstanding the foregoing, the following shall survive the expiration or earlier termination of this Agreement: (i) all obligations arising under this Agreement prior to the expiration or earlier termination of this Agreement; and (ii) Section 16 of this Agreement. 20. Notices. All notices and other communications given pursuant to this Agreement shall be in writing and shall be deemed received when personally delivered or upon the third (3rd) day after deposit in the United States mail, registered or certified, postage prepaid, return receipt requested, to the Parties at the addresses set forth in Exhibit “B” attached hereto and incorporated herein. Any Party may, from time to time, by written notice to the other, designate a different address which shall be substituted for the one above specified. 21. Entire Agreement. This Agreement and those exhibits and documents referenced herein contain the entire agreement between the Parties regarding the subject matter hereof, and all prior agreements or understandings, oral or written, are hereby merged herein. This Agreement shall not be amended, except as expressly provided herein. 22. Waiver. No waiver of any provision of this Agreement shall constitute a waiver of any other provision, whether or not similar; nor shall any such waiver constitute a continuing or subsequent waiver of the same provision. No waiver shall be binding unless it is executed in writing by a duly authorized representative of the Party against whom enforcement of the waiver is sought. 23. Severability. If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid or unenforceable, the remainder of this Agreement shall be effective to the extent the remaining provisions are not rendered impractical to perform, taking into consideration the purposes of this Agreement. 24. Relationship of the Parties. Each Party acknowledges that, in entering into and performing under this Agreement, it is acting as an independent entity and not as an agent of any of the other Parties in any respect. Nothing contained herein or in any document executed in connection herewith shall be construed as creating the relationship of partners, joint ventures or any other association of any kind or nature between City and Developer, jointly or severally. 25. No Third Party Beneficiaries. This Agreement is made and entered into for the sole benefit of the Parties and their successors in interest. No other Ordinance No. 510 Page 36 697 31 person shall have any right of action based upon any provision of this Agreement. 26. Recordation of Agreement and Amendments. This Agreement and any amendment thereof shall be recorded with the County Recorder of the County of Ventura by the City Clerk of City within the period required by Chapter 15.40 of the Moorpark Municipal Code of City or any successor thereof then in effect. 27. Cooperation Between City and Developer. City and Developer shall execute and deliver to the other all such other and further instruments and documents as may be necessary to carry out the purposes of this Agreement. 28. Rules of Construction. The captions and headings of the various s ections and subsections of this Agreement are for convenience of reference only, and they shall not constitute a part of this Agreement for any other purpose or affect interpretation of the Agreement. Should any provision of this Agreement be found to conflict with any provision of the Purchase and Sale Agreement, the Project Approvals or the Subsequent Approvals, the provision of this Agreement shall prevail. 29. Joint Preparation. This Agreement shall be deemed to have been prepared jointly and equally by the Parties, and it shall not be construed against any Party on the ground that the Party prepared the Agreement or caused it to be prepared. 30. Governing Law and Venue. This Agreement is made, entered into, and executed in the County of Ventura, California, and the laws of the State of California shall govern its interpretation and enforcement. Any action, suit or proceeding related to, or arising from, this Agreement shall be filed in the appropriate court having jurisdiction in the County of Ventura. 31. Attorneys’ Fees. In the event any action, suit or proceeding is brought for the enforcement or declaration of any right or obligation pursuant to, or as a result of any alleged breach of, this Agreement, the prevailing Party shall be entitled to its reasonable attorneys’ fees and litigation expenses and costs, and any judgment, order or decree rendered in such action, suit or proceeding shall include an award thereof. 32. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, but all of which constitute one and the same instrument. 33. Authority to Execute. Developer warrants and represents that to its knowledge as of the Operative Date and with respect to each entity that is defined as Developer: (i) it is duly organized and existing; (ii) it is duly authorized to execute and deliver this Agreement; (iii) by so executing this Ordinance No. 510 Page 37 698 32 Agreement, Developer is formally bound to the provisions of this Agreement; (iv) Developer’s entering into and performance of its obligations set forth in this Agreement do not violate any provision of any other agreement to which Developer is bound; and (v) there is no existing or threatened litigation or legal proceeding of which Developer is aware that could prevent Developer from entering into or performing its obligations set forth in this Agreement. IN WITNESS WHEREOF, the Parties have executed this Development Agreement effective as of the Operative Date. CITY OF MOORPARK Chris R. Enegren, Mayor ATTEST: Ky Spangler, City Clerk MOORPARK PROPERTY 67, LLC By: James Rasmussen, Manager /Member Ordinance No. 510 Page 38 699 33 12853-0055\2561493v3.doc EXHIBIT “A” LEGAL DESCRIPTION Ordinance No. 510 Page 39 700 34 12853-0055\2561493v3.doc Ordinance No. 510 Page 40 701 35 12853-0055\2561493v3.doc EXHIBIT “B” ADDRESSES OF PARTIES To City: City of Moorpark 799 Moorpark Avenue Moorpark, CA 93021 Attn: City Manager To Developer: James Rasmussen, President Moorpark Property 67, LLC. 26500 West Agoura Rd., #652 Calabasas, CA 91302 Ordinance No. 510 Page 41 702 36 12853-0055\2561493v3.doc EXHIBIT “C” LISTING OF AFFORDABLE UNITS Unit Number Bedroom Size Unit Size (sq. ft.) Type (list lot number) List # of bedrooms, plus # of bath Numerical value in sq. ft. Moderate, Low, Very Low 11 3 BED 2 BATH 1483 SQ FT MODERATE 13 3 BED 2 BATH 1506 SQ FT MODERATE 27 3 BED 2 BATH 1506 SQ FT MODERATE 30 3 BED 2 BATH 1506 SQ FT MODERATE 37 3 BED 2 BATH 1483 SQ FT MODERATE 39 3 BED 2 BATH 1506 SQ FT MODERATE 43 3 BED 2 BATH 1506 SQ FT MODERATE 45 3 BED 2 BATH 1483 SQ FT VERY LOW 47 3 BED 2 BATH 1506 SQ FT MODERATE 52 3 BED 2 BATH 1506 SQ FT MODERATE 60 3 BED 2 BATH 1483 SQ FT MODERATE 69 3 BED 2 BATH 1483 SQ FT MODERATE 71 3 BED 2 BATH 1506 SQ FT MODERATE 132 3 BED 2 BATH 1483 SQ FT MODERATE 135 3 BED 2 BATH 1506 SQ FT MODERATE 129 3 BED 2 BATH 1506 SQ FT MODERATE 126 3 BED 2 BATH 1483 SQ FT VERY LOW 122 3 BED 2 BATH 1506 SQ FT MODERATE 113 3 BED 2 BATH 1483 SQ FT MODERATE 115 3 BED 2 BATH 1506 SQ FT MODERATE Ordinance No. 510 Page 42 703 37 12853-0055\2561493v3.doc EXHIBIT “D” NORTH HILLS PARKWAY EXHIBIT (CONCEPTUAL) Ordinance No. 510 Page 43 704