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6187ORDINANCE NO. 6187 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANAHEIM (i) APPROVING AMENDMENT NO. 1 TO DEVELOPMENT AGREEMENT NO. 2005-00007 BY AND BETWEEN THE CITY OF ANAHEIM AND MACQUARIE PLATINUM KATELLA INC. (ii) MAKING CERTAIN FINDINGS RELATED THERETO, AND (iii) AUTHORIZING THE MAYOR TO EXECUTE SAID AMENDMENT FOR AND ON BEHALF OF THE CITY. WHEREAS, Article 2.5 of Chapter 4 of Division 1 of Title 7 (commencing with Section 65864) of the Government Code of the State of California (hereinafter the "Statute") authorizes a city to enter into a development agreement with any person having a legal or equitable interest in real property for the development of the property as provided in said Statute; and WHEREAS, upon request of an applicant, cities are required to establish procedures and requirements by resolution or ordinance for the consideration of development agreements; and WHEREAS, the City of Anaheim (hereinafter the "City") heretofore on November 23, 1982, enacted Ordinance No. 4377 (hereinafter the "Enabling Ordinance") which makes the City subject to the Statute; and WHEREAS, pursuant to subdivision (c) of Section 65865 of the Statute, the City heretofore on November 23, 1982, adopted Resolution No. 82R-565 (hereinafter the "Procedures Resolution") establishing procedures and requirements for the consideration of development agreements upon receipt of an application by the City; and WHEREAS, pursuant to the Procedures Resolution, the process for the adoption of an amendment to a Development Agreement is the same as the process for entering into a Development Agreement in the first instance; and WHEREAS, the City and 1331 East Katella Development Company, LLC and East Katella Partnership, a California General Partnership, (the "Original Developer") entered into that certain Development Agreement No. 2005-00007 and recorded in the Official Records of Orange County California on October 12, 2005, as Instrument No. 2005000819043 (the "Development Agreement") with respect to that certain real property situated in the City of Anaheim, County of Orange, State of California, as described in Exhibit "A" attached hereto and incorporated herein by this reference. A copy of the Development Agreement is on file in the Office of the City Clerk of the City of Anaheim; and WHEREAS, subsequent to the recordation of the Development Agreement, the interest in the project was sold, transferred, conveyed or assigned to Platinum Triangle Condominiums, LLC (West Millennium Homes); and WHEREAS, the interest in the project was subsequently transferred and to Thomas Seaman Company; and WHEREAS, on or about February 2010, the interest in the project was sold, transferred, conveyed or assigned to Macquarie Platinum Katella Inc. ("Owner"); and WHEREAS, the Development Agreement addresses, among other things, the Developer's construction of the project requiring that the Developer finalize all three phases of the project construction within a certain time frame; and WHEREAS, Owner submitted a letter requesting an amendment to the Development Agreement to extend the term of the Development Agreement for an additional four (4) years ("Amendment No. 1 to Development Agreement"); and WHEREAS, the Anaheim City Planning Commission (hereinafter referred to as "Planning Commission") did hold a public hearing at the Civic Center in the City of Anaheim on August 30, 2010, at 5:00 p.m., notice of said public hearing having been duly given as required by law and in accordance with the provisions of the Anaheim Municipal Code, Chapter 18.60, to hear and consider evidence for and against said amendment to Development Agreement and to investigate and make findings and recommendations in connection therewith; and WHEREAS, the Planning Commission, after due inspection, investigation and study made by itself and in its behalf, and after due consideration of and based upon all of the evidence and reports offered at said public hearing, did adopt its Resolution No. PC2010-075 recommending that the City Council adopt said amendment to Development Agreement to extend the term of the Development Agreement for an additional five (5) years, not four (4) years as requested by the applicant, and establish a development milestone that requires the completion of Phase 1 development, which consists of 92 residential units and related amenities, by December 31, 2011; and WHEREAS, the City Council did hold a public hearing on Amendment No. 1 to the Development Agreement, notice of said public hearing having been duly given as required by law; and WHEREAS, the City Council has reviewed the proposal and does hereby find that the previously -approved Mitigated Negative Declaration prepared in conjunction with the Development Agreement is adequate to serve as the required environmental documentation in connection with this request for an amendment to the Development Agreement; and -2- WHEREAS, the City Council, after due inspection, investigation and study made by itself and in its behalf, and after due consideration of and based upon all of the evidence and reports offered at said public hearing, including the recommendations of the Planning Commission, does hereby find and determine, with respect to the request for said amendment to Development Agreement, that all of the conditions and criteria for the approval of said amendment are present as follows: 1. That Amendment No. 1 to the Development Agreement has been properly requested pursuant to Section 5.0 of the Procedures Resolution and Section 18 of the Development Agreement. 2. That Amendment No. 1 to the Development Agreement is consistent with the City's General Plan in that it is in conformance with the General Plan Mixed Use land use designation and with the goals, policies and objectives for The Platinum Triangle as set forth in the General Plan. 3. That Amendment No. 1 to the Development Agreement will contribute to the orderly development of property in the surrounding area in that it is in conformance with and implements The Platinum Triangle Master Land Use Plan and the PTMU Overlay Zone requirements. 4. That Amendment No. 1 to the Development Agreement is not otherwise detrimental to the health and safety of the citizens of the City of Anaheim. 5. That Amendment No. 1 to the Development Agreement constitutes a lawful, present exercise of the City's police power and authority under the Statute, the Enabling Ordinance and the Procedures Resolution. 6. That Amendment No. 1 to the Development Agreement is entered into pursuant to and in compliance with its charter powers and the requirements of Section 65867 of the Statute, the Enabling Ordinance and the Procedures Resolution. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ANAHEIM DOES ORDAIN AS FOLLOWS: SECTION 1. That Amendment No. 1 to Development Agreement No. 2005-00007 be, and the same is hereby, approved as shown in Exhibit "B" attached hereto and incorporated herein by this reference. SECTION 2. That the Mayor be, and is hereby, authorized to execute said Amendment No. 1 to Development Agreement 2005-00007 for and on behalf of the City. -3- THE FOREGOING ORDINANCE was introduced at a regular meeting of the City Council of the City of Anaheim held on the 12th day of October , 2010, and thereafter passed and adopted at a regular meeting of said City Council held on the 26th day of October , 2010, by the following roll call vote: AYES: Mayor Pringle, Council Members Sidhu, Hernandez, Galloway, Kring NOES: NONE ABSENT: NONE ABSTAIN: NONE CITY OF ANAHEIM 4 By: (.o;� 1,04e MAYOR OF THE 6TY OF ANAHEIM ATTEST: -ICA.11. AVX10 CITY CLERK OF THE CITY 011ANAHEIM 79239.v 1 /MGordon -4- EXHIBIT "A" (Legal Description of the Property) Parcels 1 and 2 of Parcel Map No. 79-265, as shown on a map filed in Book 145, Page 50 of Parcel Maps, in the Office of the County Recorder of Orange County, California. APN: 082-260-06 EXHIBIT "B" RECORDING AT THE REQUEST OF AND WHEN RECORDED RETURN TO: City of Anaheim 200 S. Anaheim Boulevard Anaheim, California 92805 Attn: City Clerk SPACE ABOVE THE LINE IS FOR RECORDER'S USE AMENDMENT NO. 1 TO DEVELOPMENT AGREEMENT NO. 2005-00007 By and Between THE CITY OF ANAHEIM, and MACQUARIE PLATINUM KATELLA INC. AMENDMENT NO. 1 TO DEVELOPMENT AGREEMENT NO. 2005-00007 This AMENDMENT NO. 1 TO DEVELOPMENT AGREEMENT NO. 2005-00007 (this "Amendment No. 1 "), dated for purposes of identification only as of October 12, 2010, is made and entered into by and between the CITY OF ANAHEIM, a Municipal Corporation and Charter City, (the "City") and MACQUARIE PLATINUM KATELLA INC., a Delaware corporation, ("Owner"). RECITALS A. The City and 1331 East Katella Development Company, LLC and East Katella Partnership, a California General Partnership, (the "Original Developer") entered into that certain Development Agreement No. 2005-00007 and recorded in the Official Records of Orange County California on October 12, 2005, as Instrument No. 2005000819043 (the "Development Agreement") with respect to that certain real property situated in the City of Anaheim, County of Orange, State of California, as described in Exhibit "A" attached hereto and incorporated herein by this reference. B. The Development Agreement provides for the development of a mixed use project consisting of 336 residential condominiums, 1,248 square feet of retail, 1,665 square feet of club room, a 1,245 square foot exercise room, and a 671 space subterranean parking garage, as more particularly set forth in the Development Agreement. C. Subsequent to the recordation of the Development Agreement, the interest in the project was sold, transferred, conveyed or assigned to Platinum Triangle Condominiums, LLC (West Millennium Homes). D. Thereafter, the interest in the project was transferred and to Thomas Seaman Company. E. In February 2010, the interest in the project was sold, transferred, conveyed or assigned to Macquarie Platinum Katella Inc. ("Owner"). F. Pursuant to Section 18 of the Development Agreement and Chapter 18.60 of the Anaheim Municipal Code, Owner, submitted a request to extend the Tenn of the Development Agreement, as described in subsection 2.1 of the Development Agreement. G. The City and Owner intend, in this Amendment No. 1, to amend subsection 2.1 of the Development Agreement to extend the Term of the Development Agreement from a period of five (5) years to a period of ten (10) years and establish a development milestone that requires the completion of Phase 1 development, which consists of 92 residential units and related amenities, by December 31, 2011. NOW, THEREFORE, FOR AND IN CONSIDERATION OF THE MUTUAL PROMISES, COVENANTS AND CONDITIONS CONTAINED HEREIN, THE PARTIES AGREE AS FOLLOWS: SECTION 1. That subsection 2.1 of the Development Agreement be, and the same is hereby, amended to read as follows: "2.1 The term (hereinafter called "Term") of this Development Agreement shall be that period of time during which this Development Agreement shall be in effect and bind the parties hereto. The Term shall commence on the Development Agreement Date and shall extend for a period of ten (10) years thereafter, terminating at the end of the day on the ninth anniversary of the Development Agreement Date, subject to the periodic review and modification or termination provisions defined in Section 25 and Section 27, respectively, of this Development Agreement, and further subject to a reasonable extension for completion of the Project in accordance with the Timing of Development schedule set forth in Section 15 of this Development Agreement. Phase I development, which consists of 92 residential units and related amenities, shall be completed on or before December 31, 2011. The Owner shall submit proof of satisfying this development milestone as part of the development agreement annual review process whereby the Planning Director shall determine if the milestone has been met and inform the City Council" SECTION 2. INTEGRATION. Except as expressly provided to the contrary herein, all provisions of the Development Agreement shall remain in full force and effect. The Development Agreement and this Amendment No. I shall hereinafter be collectively referred to as the "Agreement". The Agreement integrates all of the terms and conditions of agreement between the Parties and supersedes all negotiations or previous agreements between the Parties with respect to the subject matter hereof. SECTION 3. EFFECTIVE DATE. This Amendment No. 1 shall take effect upon the date the ordinance approving this Amendment No. 1 takes effect. (SIGNATURES APPEAR ON THE FOLLOWING PAGE) IN WITNESS WHEREOF, THE PARTIES HAVE EXECUTED THIS AMENDMENT NO. 1 AS OF THE RESPECTIVE DATES SET FORTH BELOW. "OWNER" DATE OF EXECUTION: MACQUARIE PLATINUM KATELLA INC., a Delaware corporation By: _ Name: Title: (SIGNATURE OF OWNER(S) MUST BE ACKNOWLEDGED BY A NOTARY PUBLIC) "CITY" DATE OF EXECUTION: CITY OF ANAHEIM, a municipal corporation an ATTEST: LINDA N. ANDAL, CITY CLERK Linda N. Andal, City Clerk APPROVED AS TO FORM: JACK L. WHITE, CITY ATTORNEY Mark S. Gordon Assistant City Attorney 78744.v1 Curt L. Pringle, Mayor State of California ) ss. County of ) On , before me, (name, title of officer, e.g., Jane Doe, Notary Public) personally appeared (name(s) ofsigner(s)) personally known to me —OR— proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity/ies, and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which person(s) acted, executed the instrument. Witness my hand and official seal. Capacity claimed by signer: _ Individual Corporate Officer(s): Partner(s): _ General _ Limited Attorney-in-fact Trustee(s) _ Guardian/Conservator Other: Signer is representing: (Signature of Notary (This section is OPTIONAL) (name of person(s) or entity(ies)) Attention Notary: Although the information requested below is OPTIONAL, it could prevent fraudulent attachment of this certificate to an unauthorized document. THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED AT RIGHT: Title or Type of Document: Number of Pages: Date of Document: Signer(s) Other than Named Above: AFFIDAVIT OF PUBLICATION STATE OF CALIFORNIA, ) ) ss. County of Orange ) I am a citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a party to or interested in the above -entitled matter. I am the principal clerk of the Anaheim Bulletin, a newspaper that has been adjudged to be a newspaper of general circulation by the Superior Court of the County of Orange, State of California, on December 28, 1951, Case No. A-21021 in and for the City of Anaheim, County of Orange, State of California; that the notice, of which the annexed is a true printed copy, has been published in each regular and entire issue of said newspaper and not in any supplement thereof on the following dates, to wit: November 4, 2010 "I certify (or declare) under the penalty of perjury under the laws of the State of California that the foregoing is true and correct": Executed at Santa Ana, Orange County, California, on Date: November 4, 2010 Signature Anaheim Bulletin 625 N. Grand Ave. Santa Ana, CA 92701 (714)796-2209 PROOF OF PUBLICATION Proof of Publication of SUMMARYPUBLICATION CITY OF ANAHEIM ORDINANCE NO. 6187 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY or- ANAHEIM FANAHEIM % APPROVING AMENDMENT NO.1 TO DEVEL- OPMENT AGREEMENT NO. 20051D0007 BY AND BE- TWEEN THE CITY OF ANAHEIM AND MACQUARIE PLATT- NUM KATELLA INC. 6itMAK(INGTM�RIN FINDI MAYOR RE- LATED THERETO, ANTHE TO EXECUTE SAID AMENDMENT FOR AND ON BEHALF OF THE CITY. This ordinance approves an amendment to Development reerrhent No. 2005-0O0071des- gnated as 'Amendment No. 1 to Development Agreement No. 2005-00007") by and be - ween the City of Anaheim and Macquans Platinum Katella Inc., to extend the term of the )evelopment Agreement from five (51 Years to ten((11o) yyeeaerrss end establish a development nilestone that requires the completion of Phase 1 ileus p10 ment, whicfh consists of 92 resi- fential units and related amenities, by December 31; 2011. , Linda N. Andal, City Clerk of the City of Anaheim, do hereby certify that ethhe foregoing is a Iphaesnmary of sCityy Council of the City ofinance No. 87which Ana�heimgonnthe ordinance was hof Octobeerced at a2010 andmwaseetid Ioyf by the following adopted ll atall vote regular the membersngof said Council thereof: �on the 26th day of October, d2% AYES: Mayor Pringle, Council Members Sidhu, Hernandez, Galloway, Knng NOES: NONE ABSENT: NONE ABSTAIN: NONE The above summary is a brief description of the subject mater contained in the tent of Or- dinance No. 6187, which has been prepared pursuant to Section 512 of the Charter of the CWof Anaheim. This summarydoes not include or describe every provision of .the ordi- nanos and should not be relied on as a substitute for the full text M the ordirhance. To obtain a copy of the full text of the ordinance, please contact the Office of the City Clerk, (714) 7655166, between 8:00 AM and 5:00 PM, Monday through Friday. There is no charge for the copy. Publish: Anaheim Bulletin Nov 4, 2010 9300956