Loading...
HomeMy WebLinkAboutRES 1986 92 0326RESOLUTION NO. PC -86 -92 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF MOORPARK, CALIFORNIA REGARDING A DEVELOP- MENT AGREEMENT BETWEEN THE CITY OF MOORPARK AND URBAN WEST COMMUNITIES MOORPARK INVESTORS FOR PLANNED COMMUNITY NO. 3. WHEREAS, at a duly noticed public hearing on March 26, 1986, the Moorpark Planning Commission considered the proposed development agreement between the City of Moorpark and Urban West Communities, Moorpark Investors (the "Development Agreement ") for the project commonly known as Planned Community No. 3 (the "project "); and WHEREAS, the Moorpark Planning Commission has reviewed said Development Agreement has reviewed and considered the information contained in the Environmental Impact Report prepared for the project, has considered the information presented at said public hearing and has reached its decision in the matter. NOW, THEREFORE, THE PLANNING COMMISSION OF THE CITY OF MOORPARK, CALIFORNIA, DOES RESOLVE AS FOLLOWS: that: SECTION 1. That the Planning Commission hereby finds a. The environmental effects discussed in the EIR prepared for PC -3 and the development agreement are similar enough to warrant the same treatment in an EIR, and certify that the PC -3 Final Environmental Impact Report adequately covers the impacts of the develop- ment agreement, and pursuant to State CEQA Guidelines, that this body has reviewed and considered the informa- tion contained therein; and b. The provisions of the agreement are consistent with the General Plan and City Ordinance No. 59. SECTION 2. That the Planning Commission hereby recommends to the City Council approval of the Development Agreement subject to the modifications attached to this resolution and made a part hereof. PASSED AND ADOPTED this 26 day of March, 1986. ATTEST: r� Acting Secretary airman Planning Commission Modification to DEVELOPMENT AGREEMENT CITY OF MOORPARK UWC MOORPARK INVESTORS MOUNTAIN MEADOWS PROJECT Planning Commission Resolution No. PC- 86 -92, adopted March 26, 1986. Paragraph 1.G be amended as follows: G. Fees for the Improvement of the Community Park Site. For each of the last seventeen hundred and seventy -nine (1.779) dwelling units in the Project, the Developer shall pay to the City seven hundred and seventy -five dollars ($775), which money shall be used only for the improvement at- the- eemunity Park -site- and /or construction of community related Park facilities as determined by the City Council. Said fees shall be paid in two installments: (i) six hundred thousand dollars ($600,000) shall be paid, without interest, within fifteen (15) days after demand by the City given at any time after three (3) years after the Effective Date of this Agreement, and (ii) the balance shall be paid, without interest, within fifteen (15) days after demand by the City given at any time after six and one -half (6 1/2) years after the Effective Date of this Agreement.