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HomeMy WebLinkAboutAGENDA REPORT 2001 0801 CC REG ITEM 10FTO: FROM: DATE: SUBJECT: MOORPARK CITY COUNCIL AGENDA REPORT The Honorable City Council Steven Kueny, City Manager i ICI , fol ITEM F • 11 of l -aooi AC -ION tivcr.ccoE 26vtsc� 771,66 July 26, 2001 (CC Meeting of August 1, 2001) Consider First Amendment to Settlement Agreement among City of Moorpark, Toll CA GP Corp., and Toll CA, L.P. BACKGROUND: On June 20, 2001, the City Council approved a Settlement Agreement with Toll pertaining to the payment of Quimby (park in lieu) fees. Since that time, other matters of disagreement have surfaced and can be resolved. The proposed First Amendment to the Settlement Agreement will resolve the matters of disagreement. DISCUSSION: Toll has requested the reduction of nine holes in the two 18 -hole courses required as part of its development project. This is the subject of Minor Modification No. 2 scheduled to be addressed by the Council on August 1, 2001. Toll has offered to share the construction cost savings with the City. There are also issues with the calculation of fees for the Casey Road /Gabbert Road Area of Contribution (AOC) fees, an easement needed for an access road to proposed water tanks to service the proposed adjacent West Pointe development, and improvements for the trail staging area. In addition, two items from the Development Agreement pertaining to the golf clubhouse and availability of the golf course to the public and for City use are included so that it is clear the developer's obligation extends beyond the termination of the Development Agreement. The item about discounted rates and number of hours per week for City use is clarified to include (:9, 0:04 The Honorable City Council Re: Consider First Amendment to Settlement Agreement Page 2 July 26, 2001 (CC Meeting of August 1, 2001) interscholastic sports programs as well as recreational and educational programs. STAFF RECOMMENDATION: Approve First Amendment subject to final language approval of City Attorney and City Manager and authorize the Mayor to sign on behalf of the City. SK:db Attachment: Proposed First Amendment to Settlement Agreement CoGlika a FIRST AMENDMENT TO SETTLEMENT AGREEMENT This First Amendment to Settlement Agreement (First Amendment) is made and entered into as of the day of August 2001 by and among the CITY OF MOORPARK, a general law city (City) and TOLL CA GP CORP., a California corporation, and TOLL CA, L.P., a California limited partnership (collectively Toll), with reference to the following facts and circumstances and is effective as of the date set forth above. City and Toll may hereinafter be referred to individually as "Party" and collectively as "Parties." RECITALS A. On June 20, 2001, City and Toll executed that certain Settlement Agreement pertaining to conditions of approval for Vesting Tentative Tract 4928 within the City of Moorpark. B. Toll is in the process of satisfying conditions of approval for Vesting Tentative Tract 4928, Residential Planned Development (RPD) Permit No. 94 -01, and Conditional Use Permit (CUP) No. 94 -01 and has requested consideration of Minor Modification No. 3 pertaining to construction of two golf courses with a reduction from 36 to 27 holes and related layout of the adjacent residential lots and private streets. C. Disputes have arisen between the Parties under the Settlement Agreement in the processing of the aforementioned Minor Modification No. 3 and in the calculation of the Casey Road /Gabbert Road Area of Contribution (AOC) fees. IN CONSIDERATION of the foregoing and the provisions set forth herein, and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties to this First Amendment agree as follows: 1. Toll agrees to pay City the amount of Five Hundred Thousand Dollars ($500,000.00) within thirty (30) days of City Council approval of a reduction in the number of required holes on the two golf courses from 36 to 27. Toll also agrees to pay City Two Hundred Fifty Thousand is 0()10�j Dollars ($250,000.00) on or before May 1, 2003, or five (5) days after City Council approval of the final maps for phases 3 and 4 of Tract 4928, whichever occurs later. If for any reason the final maps for phases 3 and 4 of Tract 4928 are not approved by the City Council on or before April 26, 2004, Toll shall make this payment to the City on or before May 1, 2004. City may use these monies for any lawful purpose at its sole and unfettered discretion. 2. Toll agrees to pay City Six Hundred Thousand Dollars ($600,000.00) in three payments as follows: A. Two Hundred Twenty Thousand, Three Hundred Dollars ($220,300.00). (Toll has already paid Four Thousand, Six Hundred Eighty Dollars [$4,680.001); B. Two Hundred Twenty -five Thousand Dollars ($225,000.00) on or before August 1, 2002; and C. One Hundred Fifty Thousand Dollars ($150,000.00) on or before May 1, 2003, or five (5) days after City Council approval of the final maps for phases 3 and 4 of Tract 4928, whichever occurs later. If for any reason the final maps for phases 3 and 4 of Tract 4928 are not approved by the City Council on or before April 26, 2004, Toll shall make the payment referenced in C., above, on or before May 1, 2004. These payments shall satisfy Toll's Casey Road /Gabbert Road AOC obligation for the 216 residential lots and the two golf courses. The City may use these monies for any purpose related to the Casey Road /Gabbert Road AOC or any other lawful purpose at its sole and unfettered discretion. City agrees to accept these payments as full satisfaction of Toll's obligation to pay Casey Road /Gabbert Road AOC fees. 3. Toll shall irrevocably offer to dedicate to City an easement across lot 218 of Tract 4928 for the purpose of providing access to water tanks proposed for construction by the County of Ventura Waterworks District (District). City may assign this offer to the District. 4. Toll shall make improvements at its sole cost to the trail staging area (Lot 217) to the satisfaction of the Director of Community Development including but not limited to the following: preparation of a site plan, grading, 2 :0ialU, installation of decomposed granite in the area designated for parking, water and electricity services, and fencing /gates. Improvements shall be completed to the satisfaction of the Director of Community Development by October 1, 2002. 5. Both of the golf courses permitted by CUP No. 94 -1 shall be open to the public to play without the requirement for membership during all hours of operation. Twelve (12) hours in the afternoon (12:00 noon to sunset) each week shall be available at discounted rates for City and school recreational /educational /interscholastic sports programs on both golf courses. Discounted rates shall be offered to seniors and students residing in the City of Moorpark. The discounted rates shall be determined by Toll, and the eligible programs shall be determined by City. 6. Toll shall cause the clubhouse and related facilities permitted by CUP No. 94 -1 to be available to the public for rent. City shall be granted one free rental, except for Toll's out -of- pocket expenses, each year for a City sponsored activity. The date and number of hours shall be by mutual agreement. 7. Toll agrees that any payments pursuant to this First Amendment shall be made without reservation, and Toll 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. 8. The Settlement Agreement as amended herein shall remain in full force and effect in accordance with its terms and conditions. IN WITNESS WHEREOF, the undersigned each has executed this First Amendment as of the date first above written. CITY OF MOORPARK TOLL CA GP CORP. By By Patrick Hunter, Mayor James W. Boyd, Vice President California Region of Toll CA GP Corp. I Attest: TOLL CA, L.P. By James W. Boyd, Vice President California Region of Toll CA GP Corp., General Partner of Toll CA L.P. M: \City Share \City Manager \Everyone \Agreements\ Toll Brothers First Amendment 07 2001 4 C 0 G:L z;