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5524ORDINANCE NO. 5524 AN ORDINANCE OF THE CITY OF ANAHEIM REPEALING ORDINANCE NO. 5158 AND APPROVING THE CANCEL- LATION OF DEVELOPMENT AGREEMENT NO. 89-01 WHEREAS, the City Council did, on July 31, 1990, adopt Ordinance No. 5158, which ordinance did approve Development Agreement No. 89-01 with Stadium Business Park South; and, WHEREAS, said development agreement contemplated the development of property for office, hotel, health club, restaurant and retail purposes; and, WHEREAS, the need for this development has substantially diminished; and, WHEREAS, Stadium Business Park South sold the subject property and the associated development rights to CCSFERS Stadium Business (3), Inc. on October 27, 1994, and the new owner has requested cancellation of Development Agreement No. 89-01; and, WHEREAS, the associated entitlements, Reclassification No. 90-91-06 and Conditional Use Permit No. 3303 were terminated by Planning Commission Resolution No. PC95-88 on August 7, 1995. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF ANAHEIM DOES ORDAIN AS FOLLOWS: SECTION 1. is hereby, repealed. SECTION 2. Agreement No. 89-01 with is hereby, approved. SECTION 3. and cause to be recorded "Notice of Cancellation" may present to remove the property. That Ordinance No. 5158 be, and the same That the cancellation of Development Stadium Business Park South be, and it The City Clerk is authorized to execute in the Office of the County Recorder a or such other document as the applicant recorded Development Agreement from the THE FOREGOING ORDINANCE City Council of Anaheim this 26th ATTEST: CITY CLERK OF THE CITY OF ANAHEIM is approved and adopted by the day of September , 19 9 5. eolo�4WOIO? MAY R OF THE CITY OF ANAH M STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Ordinance No. 5524 was introduced at a regular meeting of the City Council of the City of Anaheim, held on the 19th day of September, 1995, and that the same was duly passed and adopted at a regular meeting of said City Council held on the 26th day of September, 1995, by the following vote of the members thereof: AYES: MAYOR/COUNCIL: Tait, Lopez, Feldhaus, Daly NOES: MAYOR/COUNCIL: None ABSENT: MAYOR/COUNCIL: None ABSTAINED: MAYOR/COUNCIL: Zemel AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Ordinance No. 5524 on the 26th day of September, 1995. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 26th day of September, 1995. CITY CLERK OF THE CITY OF ANAHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Ordinance No. 5524 and was published once in the North Orange County News on the 5th day of October, 1995 " >��� � � �- ( a � � CITY CLERK OF THE CITY OF ANAHEIM