O-03-26 - Approve a Development Agreement No. O-03-26 Between the City of Colton and Lineage Logistics, LLC for the Agua Mansa Logistics Center Project, for Property Generally Located at 1500 Agua Mansa Drive

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2 3 4 5 6 7 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 REPORTING PROGRAM. In accordance with Public Resources Code section 21081.6, the City Council hereby adopts the MMRP previously adopted for the General Plan EIR as it pertains to the Project. In the event of any inconsistencies between the Mitigation Measures as set forth in the Section 15183 Analysis and the MMRP, the MMRP. SECTION 5. LOCATION AND CUSTODIAN OF RECORDS. The documents and materials that constitute the record of proceedings on which this Resolution has been based are located at 659 N La Cadena Drive, Colton, CA 92324. The custodian for these records is Development Services Department.. This information is provided in compliance with Public Resources Code section 21081.6. SECTION 6. NOTICE OF DETERMINATION. The City Council hereby directs staff to prepare, execute, and file a Notice of Determination with the County Clerk's office and the Office of Planning and Research within five (5) working days of adoption of this Ordinance. SECTION 7. Pursuant to California Government Code Section 65865, the City Council hereby approves the Development Agreement No. 0-03-26, attached hereto as Exhibit "11-1", entitled "A Development Agreement No. 0-03-26 between City of Colton and Lineage Logistics LLC, a Delaware limited liability company" attached herein in Exhibit B-1 (aka "Agua Mansa Logistics Center, Building 1 Development Agreement") (the "Development Agreement"). SECTION 8. Based on the entire record before the City Council and all written and oral evidence presented, the City Council finds this Development Agreement not be detrimental to the health, safety and welfare of the community because the Development Agreement will permit land uses that best reflect community needs, including the need for local employment opportunities and increased property tax revenue to fund City services, and will allow for the most efficient and logical development of the real property governed by the Development Agreement in the City. SECTION 9. Pursuant to California Government Code Section 65867.5(b), and based on the entire record before the City Council, including all written and oral evidence presented, the City Council hereby finds that the Development Agreement is consistent with the General Plan because the Development Agreement will result in the development of the Property that is consistent with the uses and intensity allowed under the General Plan. SECTION 10 Based on the entire record before the City Council and all written and oral evidence presented, the City Council finds that: (i) the economic interests of Colton citizens and the public health, safety and welfare will be best served by entering into the Development Agreement; (ii) this Development Agreement is compatible with the uses authorized in, and the regulations prescribed for, the area in which the Property is located; (iii) the Development Agreement is in conformity with the public convenience, general welfare and good land use practice; and (iv) the Development Agreement will not adversely affect the orderly development or the preservation of property values for the property it governs or any other property. The City Council further finds that among the public benefits to accrue to the residents of the City as a result of the Development Agreement are: (a) A one-time payment of $4 million to