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O-04-24 - Approve a Second Amended and Restated Development Agreement With Iron Horse Hills LLC
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O-04-24 - Approve a Second Amended and Restated Development Agreement With Iron Horse Hills LLC
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Last modified
7/22/2024 1:15:46 PM
Creation date
5/7/2024 8:48:22 AM
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City Clerk
Agenda Type
City Council
CC - Doc Type
Ordinance
Date
4/16/2024
Ordinance No.
O-04-24
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1 <br /> SECTION 5. Based on the entire record before the City Council and all written and oral <br /> 2 evidence presented, the Planning Commission finds that: (i) the economic interests of Colton <br /> citizens and the public health, safety and welfare will be best served by entering into the Second <br /> 3 Amendment; (ii) this Second Amendment is compatible with the uses authorized in, and the <br /> regulations prescribed for, the area in which the Property is located; (iii) the Second Amendment is <br /> 4 in conformity with the public convenience, general welfare and good land use practice; and (iv) the <br /> Second Amendment will not adversely affect the orderly development or the preservation of <br /> 5 property values for the property it governs or any other property. <br /> 6 The City Council further finds that among the public benefits to accrue to the residents of the City as <br /> a result of the Second Amendment include: (a) Dedication and improvements to three (3) local <br /> 7 parks; and (b) annexing the project site into the City's Maintenance and Public Safety Community <br /> Facilities Districts. <br /> 8 <br /> SECTION 6. Pursuant to California Government Code Section 65865, the Planning <br /> 9 Commission hereby recommends to the City Council approval of the Second Amendment attached <br /> hereto as Exhibit "A", entitled "Second Amended and Restated Development Agreement between <br /> 10 City of Colton and Iron Horse Hills LLC, an Arizona limited liability company" (the "Development <br /> Agreement"). <br /> 11 <br /> SECTION 7. The City Clerk shall certify to the adoption of this Ordinance and shall cause <br /> 12 the same to be posted as required by law. Pursuant to Government Code section 65868.5, within 10 <br /> 13 days following the entering of the Development Agreement, as evidence by the full execution <br /> thereof, the City Clerk shall record the Development Agreement with the San Bernardino County <br /> 14 Recorder. <br /> 15 <br /> PASSED,APPROVED AND ADOPTED THIS 16TH .lAY 0 APRIL 2024. <br /> 16 <br /> 17 <br /> 1111, <br /> 18 ' 7+A Aiii O <br /> Mayor <br /> 19 ATTEST: <br /> 2021 <br /> STEPHANIE M. VARGAS'/ <br /> 22 Deputy City Clerk <br /> 23 <br /> 24 APPROVED AS TO FORM: <br /> 25 <br /> • <br /> 26 _ <br /> 27 <br /> Best es&Krieg LLP <br /> 71 <br /> City Attorney <br /> 28 <br /> - 3 - <br /> 23152.06329\41826893.1 <br />
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