HomeMy WebLinkAboutRES PC 2012 575 2012 0724 RESOLUTION NO. PC-2012-575
A RESOLUTION OF THE PLANNING COMMISSION OF THE
CITY OF MOORPARK, CALIFORNIA, RECOMMENDING TO THE
CITY COUNCIL APPROVAL OF AMENDMENT NO. 1 TO THE
DEVELOPMENT AGREEMENT WITH A-B PROPERTIES FOR
APPROXIMATELY 34.53 ACRES, NORTH OF THE UNION
PACIFIC RAILROAD RIGHT-OF-WAY, WEST OF GABBERT
ROAD
WHEREAS, on December 16, 1998, the Moorpark City Council adopted
Resolution No. 98-1556, adopting a Negative Declaration and General Plan
Amendment, Ordinance No. 249 approving a Zone Change, and Ordinance No. 250
(effective January 15, 1999), approving two Development Agreements, all regarding two
properties, one approximately 34.53 acres owned by A-B Properties, and one
approximately 8.79 acres owned by Southern California Edison Company (SCE), both
being north of the Union Pacific railroad right-of-way and west of Gabbert Road; and
WHEREAS, on July 20, 2011, the City Council adopted Ordinance No. 405,
terminating the Development Agreement with SCE; and
WHEREAS, A-B Properties, has requested an amendment to the Development
Agreement with A-B Properties to address terms for certain public improvements; and
WHEREAS, Section 15.40.120 of the Moorpark Municipal Code establishes
procedures for the amendment of a Development Agreement; and
WHEREAS, on April 18, 2012, the City Council adopted Resolution No. 2012-
3098, directing the Planning Commission to study, hold a public hearing, and provide a
recommendation to the City Council on this matter; and
WHEREAS, at its meeting of July 24, 2012, the Planning Commission considered
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.
NOW, THEREFORE, THE PLANNING COMMISSION OF THE CITY OF
MOORPARK, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. ENVIRONMENTAL DOCUMENTION: A Negative Declaration
was prepared and adopted for this project by City Council Resolution No. 98-1556. No
further environmental documentation is necessary for the amendment to the
Development Agreement.
Resolution No. PC-2012-575
Page 2
SECTION 2. PLANNING COMMISSION RECOMMENDATION: The Planning
Commission recommends to the City Council approval of the proposed Ordinance
amending the Development Agreement by and between the City of Moorpark and A-B
Properties as attached in Exhibit A.
SECTION 3. Filing of Resolution: The Community Development Director shall
cause a certified resolution to be filed in the book of original resolutions.
The action of the foregoing direction was approved by the following vote:
AYES: Commissioners Di Cecco, Groff, Hamous, and Vice Chair Gould
NOES: None
ABSTAIN: None
ABSENT: Chair Landis
PASSED, AND ADOPTED this 24th day of July, 2012.
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David A. Bobardt, Community Development Director
Exhibit A - Draft Ordinance Amending Development A reement
ORDINANCE NO.
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING A DEVELOPMENT
AGREEMENT BY AND BETWEEN THE CITY OF
MOORPARK AND A-B PROPERTIES FOR
APPROXIMATELY 34.53 ACRES, NORTH OF THE UNION
PACIFIC RAILROAD RIGHT-OF-WAY, WEST OF GABBERT
ROAD
WHEREAS, Section 65864 of the Government Code provides that cities may
enter into contractual obligations known as Development Agreements with persons
having equitable interest in real property for development of that property; and
WHEREAS, Chapter 15.40 of the Moorpark Municipal Code contains procedures
for adopting, administering, amending, and terminating Development Agreements; and
WHEREAS, on December 16, 1998, the Moorpark City Council adopted
Ordinance No. 250 (effective January 15, 1999), approving a Development Agreement
by and between the City of Moorpark and A-B Properties regarding approximately 34.53
acres, approximately 1,300 feet west of Gabbert Road and North of the Union Pacific
Railroad Right-of-Way, effective on January 15, 1999; and
WHEREAS, A-B Properties, has requested an amendment to the subject
Development Agreement to address terms for certain public improvements; and
WHEREAS, on April 18, 2012, the City Council adopted Resolution No. 2012-
3098, directing the Planning Commission to study, hold a public hearing, and provide a
recommendation to the City Council on this matter; and
WHEREAS, on , 2012, the Planning Commission adopted Resolution
No. PC 2012- recommending to the City Council approval of Amendment No. 1 to
the Development Agreement; and
WHEREAS, a duly noticed public hearing was conducted by the City Council on
, 2012, to consider Amendment No. 1 to the Development Agreement and to
accept public testimony related thereto; and
WHEREAS, the City Council has considered all points of public testimony
relevant to Amendment No. 1 to the Development Agreement and has given careful
consideration to the content of Amendment No. 1 to the Development Agreement; and
WHEREAS, changes to the project with Amendment No. 1 to the Development
Agreement do not result in new information or impacts that would require preparation of
EXHIBIT A
Ordinance No.
Page 2
a new or subsequent environmental document under the California Environmental
Quality Act.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES ORDAIN AS FOLLOWS:
SECTION 1. The City Council of the City of Moorpark does hereby find that
Amendment No. 1 to the Development Agreement by and between the City of Moorpark
and A-B Properties adopted by Ordinance No. 250 and recorded in the Office of the
Recorder, County of Ventura on December 30, 1998 by Instrument No. 98-233584
regarding approximately 34.53 acres, approximately 1,300 feet west of Gabbert Road
and North of the Union Pacific Railroad Right-of-Way, as shown in Exhibit A, is
consistent with the Moorpark General Plan and Chapter 15.40 of the Moorpark
Municipal Code.
SECTION 2. The City Council hereby adopts Amendment No. 1 to the
Development Agreement by and between the City of Moorpark and A-B Properties
adopted by Ordinance No. 250 and recorded in the Office of the Recorder, County of
Ventura on December 30, 1998 by Instrument No. 98-233584 regarding approximately
34.53 acres, approximately 1,300 feet west of Gabbert Road and North of the Union
Pacific Railroad Right-of-Way, as shown in Exhibit A, and the City Clerk is hereby
directed to cause one copy of the signed, adopted amendment to the development
agreement to be recorded with the County Recorder no later than ten (10) days after the
City enters into Amendment No. 1 to the Development Agreement pursuant to the
requirements of Government Code Section 65868.5.
SECTION 3 . If any section, subsection, sentence, clause, phrase, part or 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 4 . This ordinance shall become effective thirty (30) days after its
passage and adoption.
SECTION 5 . 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 minute of the passage and adoption thereof in the records 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.
Page 2 of 12
Ordinance No.
Page 3
PASSED AND ADOPTED this day of , 2012.
Janice S. Parvin, Mayor
ATTEST:
Maureen Benson, Assistant City Clerk
Attachment: EXHIBIT A - Amendment No. 1 to Development Agreement between City of
Moorpark and A-B Properties
Page 3 of 12
Ordinance No.
Page 4
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
AMENDMENT NO. 1 TO
DEVELOPMENT AGREEMENT
BY AND BETWEEN
THE CITY OF MOORPARK
AND
A-B PROPERTIES
THIS AGREEMENT SHALL BE RECORDED WITHIN TEN DAYS
OF EXECUTION BY ALL PARTIES HERETO PURSUANT TO
THE REQUIREMENTS OF GOVERNMENT CODE §65868.5
Page 4 of 12
Ordinance No.
Page 5
AMENDMENT NO. 1 TO DEVELOPMENT AGREEMENT BY AND BETWEEN THE
CITY OF MOORPARK AND A-B PROPERTIES
This Amendment No. 1 to the Development Agreement ("the Agreement") by and
between the City of Moorpark and A-B Properties adopted by Ordinance No. 250 and
recorded in the Office of the Recorder, County of Ventura on December 30, 1998 by
Instrument No. 98-233584 regarding approximately 34.53 acres, approximately 1,300
feet west of Gabbed Road and North of the Union Pacific Railroad Right-of-Way is
made and entered into on , by and between the CITY OF
MOORPARK, a municipal corporation, (referred to hereinafter as "City") and A-B
PROPERTIES, a California General Partnership (referred to hereinafter as
"Developer"), the owner of real property addressed by the Agreement and Amendment
No. 1 to the Agreement. City and Developer are referred to hereinafter individually as
"Party" and collectively as "Parties." In consideration of the mutual covenants and
agreements contained in this Agreement, City and Developer agree amend certain
Sections and Subsections of the Agreement as follows:
Section 4 of the Agreement is amended in its entirety to read as follows:
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").
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. SUBSECTIONS
4.2 AND 4.4 ARE ADDED AND SECTION 4.3 IS UPDATED
CONSISTENT WITH CURRENT LANGUAGE USED IN OTHER
DEVELOPMENT AGREEMENTS.
Page 5 of 12
Ordinance No.
Page 6
Subsection 6.3 of the Agreement is amended in its entirety to read as follows:
6.3 Prior to the issuance of each building permit within the boundaries of
the Property, Developer shall pay a fee in lieu of the dedication of
parkland and related improvements (Park Fee). The amount of the
Park Fee shall be fifty cents ($0.50) for each square foot of building
area. THIS SUBSECTION IS UPDATED TO REFLECT THE
CURRENT PARK FEE. ORIGINAL LANGUAGE IS $0.25 + CPI 1
YEAR AFTER 1St BLDG. PERMIT. THIS CHANGE MAKES IT
EASIER TO ADMINISTER AND IT IS CONSISTENT WITH CURRENT
LANGUAGE USED IN OTHER DEVELOPMENT AGREEMENTS.
Subsection 6.4 of the Agreement is amended by adding the following:
6.4 For all building permits issued on or after December 16, 2018, the
Development Fee shall be $44,325 per acre and shall be adjusted
annually commencing one (1) year after this date, beginning on
January 1, 2019, by the Consumer Price Index (CPI) using the
information provided by the U.S. Department of Labor, Bureau of Labor
Statistics, for all urban consumers within the Los Angeles/Riverside/
Orange County metropolitan area during the prior year. The
calculation shall be made during the month of August over the prior
August. In the event there is a decrease in the CPI for annual
indexing, the Development Fee shall remain at its then current amount
until such time as the next subsequent annual indexing which results in
an increase. THIS SUBSECTION IS UPDATED TO REFLECT THE
DEVELOPMENT FEE USED IN THE MOST RECENT
DEVELOPMENT AGREEMENT (MOORPARK WEST STUDIOS
PROJECT) BEGINNING WHEN THE TERM OF THE ORIGINAL
DEVELOPMENT AGREEMENT EXPIRES. THE CPI INDEX IS THE
SAME AS THE CURRENT AB PROPERTIES DEVELOPMENT
AGREEMENT.
Subsection 6.5 of the Agreement is amended by adding the following:
6.4 For all building permits issued on or after December 16, 2018, the
Citywide Traffic Fee shall be $29,700 per acre and shall be adjusted
annually commencing one (1) year after this date, beginning on
January 1, 2019, by the Caltrans Highway Bid Price Index for Selected
California Construction Items for the latest twelve (12) month period
available on December 31 of the preceding year. In the event there is
a decrease in the CPI for annual indexing, the Development Fee shall
remain at its then current amount until such time as the next
subsequent annual indexing which results in an increase. THIS
SUBSECTION IS UPDATED TO REFLECT THE CITYWIDE TRAFFIC
Page 6 of 12
Ordinance No.
Page 7
FEE USED IN THE MOST RECENT DEVELOPMENT AGREEMENT
(MOORPARK WEST STUDIOS PROJECT) BEGINNING WHEN THE
TERM OF THE ORIGINAL DEVELOPMENT AGREEMENT EXPIRES.
THE HIGHWAY BID PRICE INDEX IS THE SAME AS THE
CURRENT AB PROPERTIES DEVELOPMENT AGREEMENT.
Subsection 6.7 of the Agreement is amended in its entirety to read as follows:
6.7. Prior to the issuance of each building permit within the boundaries of
the Property, Developer shall pay an Air Quality Fee of sixty-three
cents ($0.63) for each square foot of office building area and twenty-
eight cents ($0.28) for each square foot of industrial building area. The
Air Quality Fee shall satisfy the Transportation System Management
Fee requirement for the Project and may be expended by City in its
sole discretion for reduction of regional air pollution emissions and to
mitigate residual Project air quality impacts. THIS LANGUAGE IS
UPDATED TO REFLECT CURRENT DEVELOPMENT AGREEMENT
LANGUAGE USED IN OTHER DEVELOPMENT AGREEMENTS
CONSISTENT WITH CITY COUNCIL FEE RESOLUTON FOR TSM
FEE (2006-2461). IT IS CONSISTENT WITH THE INTENT OF THE
ORIGINAL CONDITION, BUT REFLECTIVE OF THE PROJECT
BEING DEVELOPED LOT-BY-LOT BY DIFFERENT BUILDERS,
INSTEAD OF BEING BUILT ALL AT ONCE.
Subsection 6.10 of the Agreement is amended in its entirety to read as follows:
6.10. Prior to City Council action on any Subsequent Approval, or grading or
the Property, whichever occurs first, Developer agrees to provide City
an irrevocable offer of dedication to dedicate right-of-way at no cost to
City for the future North Hills Parkway (also known as future 118
bypass) along the entire length of the north side of the Property and
along the entire length of the west side of the Property east of the
Gabbert Channel. The right-of-way shall be a minimum of one
hundred (100) feet in width on both sections and shall also include
necessary slope easements in addition to this width to accommodate a
grade-separated crossing of the existing railroad tracks south of the
Property, along with turn radii and entry/exit lanes as determined by
the City at its sole and unfettered discretion. Developer further agrees
to dedicate access rights from the Property to the City along the entire
North Hills Parkway frontage, except for private streets as approved as
part of the Amending Tract No. 5147. THIS UPDATES THE ROW
DEDICATION FOR THE NORTH HILLS PARKWAY.
Page 7 of 12
Ordinance No.
Page 8
Subsection 6.19 of the Agreement is amended in its entirety to read as follows:
6.19. Developer agrees that prior to the issuance of a building permit for any
portion of the Property that exceeds forty percent (40%) of the acreage
of the total of all developable lots (excluding lots used solely as private
streets), Developer shall improve Gabbert Road from the intersection
with Poindexter Avenue north to the intersection with the future North
Hills Parkway (including transition improvements north of this
intersection to meet the existing Gabbert Road improvements), and
North Hills Parkway from the future intersection with Gabbert Road to
Tri Gem Court. Improvements to Gabbert Road shall include four (4)
travel lanes, with bike lanes, curbs, gutters, parkways, and sidewalks
on each side of the street, and widening of the rail crossing, all
consistent with City plans to the satisfaction of the Public Works
Director/City Engineer. No signalization of the Gabbert
Road/Poindexter Road Intersection will be required as part of this
project. Improvements to North Hills Parkway shall be completed
within the south side of the ultimate right-of-way and shall include two
twelve (12) foot wide travel lanes, with an eight (8) foot wide bike lane,
curb, gutter, parkway and sidewalk on the south/east side of the street
and a median curb and temporary bike lane on the north/west side of
the street consistent with City plans for the right-of-way improvements
to the satisfaction of the Public Works Director/City Engineer. The
street improvements for Gabbert Road and North Hills Parkway shall
be designed and constructed to provide for a 50-year life as
determined by the Public Works Director/City Engineer, and surety for
these improvements shall be provided by the developer to the City
prior to approval of the Final Map in an amount and form determined
by the City in its sole and unfettered discretion to guarantee this
improvement. THIS UPDATES AND CLARIFIES LANGUAGE THAT
JUST REQUIRED GABBERT ROAD IMPROVEMENTS FOR 125
FEET FROM THE RAIL CROSSING (BUT DID NOT
CLEARLYSPECIFY WHETHER OR NOT THE RAIL CROSSING
WAS PART OF THE IMPROVEMENTS). THIS SECTION NOW
ALSO REQUIRES NORTH HILLS PARKWAY IMPROVEMENTS TO
TRI GEM COURT. BONDING IS REQUIRED FOR THESE
PERMANENT ACCESS IMPROVEMENTS SINCE THE TEMPORARY
PAVED ACCESS ROAD DISCUSSED IN SUBSECTION 6.21 IS
ONLY PERMITTED FOR 40 YEARS AND REQUIRES A $125,000
ANNUAL RENT PAYMENT AFTER 8 YEARS. SECTION 7.7 IS
ADDED TO THE AGREEMENT TO ADDRESS REIMBURSEMENT,
SINCE OTHER PROJECTS WILL BE BENEFITTING FROM THESE
IMPROVEMENTS.
Page 8 of 12
Ordinance No.
Page 9
Subsection 6.20 of the Agreement is amended in its entirety to read as follows:
6.20. (This section is intentionally left blank.) THE TRAFFIC STUDY
REQUIRED BY THIS SECTION HAS BEEN COMPLETED AND IT
HAS BEEN DETERMINED THAT SIGNALIZATION OF THE
GABBERT/POINDEXTER INTERSECTION IS NOT NECESSARY AT
THIS TIME. THAT HAS ALSO BEEN REFLECTED IN THE
AMENDMENT TO SUBSECTION 6.19.
Subsection 6.21 of the Agreement is amended in its entirety to read as follows:
6.21. Developer shall construct a thirty-two (32) foot wide paved access road
on Southern California Edison property (paved access road) to the
Property to serve as the primary access until such time as the
Improvements referenced in Section 6.19 are constructed. At such
time as the improvements in Section 6.19 are opened to the public, the
paved access road shall become an emergency access only for the
Property. The paved access road shall be located as described in the
road, slope and drain easement grant from Southern California Edison
Company to AB Properties, recorded on December 8, 2010 in the
Office of the Recorder, County of Ventura by Instrument No.
20101208-00191903-0 1/24, and shall be constructed to City
Standards for an industrial street but with no requirement for curb,
gutter, sidewalk, streetlights, or landscaping. Drainage improvements
shall be provided as necessary, and slopes shall be landscaped to
prevent erosion. At such time as the improvements in Section 6.22 are
opened to the public, the paved access road shall be closed to the
public. THE EASEMENT DOCUMENT ALLOWS THE ACCESS FOR
UP TO 40 YEARS FROM THE DATE OF THE RECORDING OF THE
ROAD, SLOPE, AND DRAIN EASEMENT.
Subsection 6.22 of the Agreement is amended in its entirety to read as follows:
6.22. Prior to the sale of the first lot in the Project by the developer, a
Community Facilities District or other funding mechanism to the
satisfaction of the City Council shall be established to provide funding
for improvements to North Hills Parkway from and including the Union
Pacific Railroad undercrossing to Gabbert Road and Gabbert Road
from Poindexter Road to North Hills Parkway.
Prior to the issuance of a building permit for any portion of the Property
that exceeds seventy percent (70%) of the acreage of the total of all
developable lots (excluding lots used solely as private streets), the
North Hills Parkway undercrossing at the Railroad Right-of-Way
immediately south of the Property shall be completed in a manner
Page 9 of 12
Ordinance No.
Page 10
approved by the City. THE SPECIFIC FUNDING OF THIS
IMPROVEMENT IS NO LONGER IDENTIFIED IN THIS
SUBSECTION, AND BONDING FOR THIS IMPROVEMENT WOULD
NO LONGER BE REQUIRED
Subsection 7.5 is added to the Agreement to read as follows:
7.5. City shall refund Developer twelve-thousand six hundred dollars
($12,600.00) collected to process Lot Line Adjustments 2010-01
through 2010-07 by crediting this amount to the Development Deposit
Fund for this project. DEVELOPMENT AGREEMENT AMENDMENT
WOULD MEMORIALIZE THIS REFUND.
Subsection 7.6 is added to the Agreement to read as follows:
7.6. City agrees to allow the use of recycled material for road base for the
private streets within the property when in compliance with all
Moorpark Municipal Code requirements and all other applicable City
Council polices, based on the issuance of a temporary use permit for a
one-time stockpiling operation of uncrushed material not to exceed
sixty (60) days in a manner to be at the City's sole discretion, and a
one-time crushing operation not to exceed seven (7) days. The
recycled road base shall meet acceptable green book standards to the
satisfaction of the City Engineer/Public Works Director.
DEVELOPMENT AGREEMEN> AMENDMENT WOULD
MEMORIALIZE THIS REQUEST TO USE RECYCLED MATERIAL
FOR STREET BASE. CURRENT COUNCIL POLICIES REQUIRE
NEW MATERIAL FOR BASE ON PUBLIC STREETS.
Subsection 7.7 is added to the Agreement to read as follows:
7.7. City shall facilitate the reimbursement to Developer of any costs
incurred by Developer that may be subject to partial reimbursement
from other developers as a condition of approval of a tract map,
development permit, or development agreement with one or more
other developers. DEVELOPER WILL BE RESPONSIBLE FOR
ROAD IMPROVEMENTS THAT WILL HAVE A WIDER BENEFIT
THAN THIS PROJECT ALONE. THIS SECTION PROVIDES FOR
REIMBURSEMENT FOR SUCH IMPROVEMENTS.
Section 19 of the Agreement is amended in its entirety to read as follows:
19. Term. This Agreement as amended by this Amendment No. 1 shall remain in full
force and effect for a term of twenty (20) years, or until all fees in Subsections
6.3, 6.4, 6.5, 6.6, 6.7, and 6.9 have been paid in full, whichever comes last, and
Page 10 of 12
Ordinance No.
Page 11
shall commence on the operative date of this Amendment No. 1 unless said term
is further amended or the Agreement is sooner terminated as otherwise provided
herein. Upon notice in accordance with Section 20 below the Developer may
notify City at least one hundred eighty (180) days in advance of the term of this
Agreement that an additional term is necessary for the completion of the Project.
City may, at its sole and unfettered discretion, extend the agreement for a term of
not less than one (1) year and no more than ten (10) years. Said extension of
the term of this Agreement may include the addition of any new fees which may
be in effect at the time of the extension request.
Expiration of the term or earlier termination of this Agreement shall not
automatically affect any Project Approval or Subsequent Approval that has been
granted or any right or obligation arising independently from such Project
Approval or Subsequent Approval.
Upon expiration of the term or earlier termination of this Agreement, the Parties
shall execute any document reasonably requested by any Party to remove this
Agreement from the public records as to the Property, and every portion thereof,
to the extent permitted by applicable laws. THIS EXTENDS THE TERM
BEYOND ITS DECEMBER 16, 2018 EXPIRATION.
Section 21 of the Agreement is amended in its entirety to read as follows:
21. Entire Agreement. This Agreement, as amended by Amendment No. 1 to the
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. Where there is a conflict between Amendment No. 1 to the Agreement
and the Development Agreement adopted by Ordinance No. 250 for the
development of the Property, Amendment No. 1 to the Agreement shall prevail.
This Agreement shall not be further amended, except as expressly provided
herein. THIS ADDS REFERENCE TO AMENDMENT NO. 1 AND NOTES THAT
IT PREVAILS OVER THE ORIGINAL AGREEMENT IN CASE OF CONFLICT.
All other Sections and Subsections of the Development Agreement by and between the
City of Moorpark and A-B Properties shall remain in effect as adopted by Ordinance No.
250.
- END -
Page 11 of 12
Ordinance No.
Page 12
IN WITNESS WHEREOF, the Developer and City of Moorpark have executed
this Amendment No. 1 to the Development Agreement on the date first above written.
CITY OF MOORPARK
Janice S. Parvin
Mayor
OWNER/DEVELOPER
A-B PROPERTIES
By:
Paul D. Burns
General Partner
ALL SIGNATURES MUST BE NOTARIZED
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