R-082-19 Amending the FY2019-20 Budget for Purposes of Funding Planning Entitlement Services for the Barton Road

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CITY OF COLTON REIMBURSEMENT AGREEMENT FOR DEVELOPMENT PROJECT (BARTON RD. WAREHOUSE/DISTRIBUTION CAMPUS REDEVELOPMENT) 1. PARTIES AND DATE. This Reimbursement Agreement ("Agreement") is made this 8`" day of August, 2019, by and between the City of Colton, a California municipal corporation ("City"), and Hager Pacific Properties, LLC, a California limited liability company with its principal place of business at 4100 Newport Place, Suite 820, Newport Beach, CA 92660 ("Owner"). City and Owner are sometimes individually referred to as "Party" and collectively as "Parties" in this Agreement. 2. RECITALS. 2.1. Property. The Owner is the owner of that certain real property located within the City of Colton, County of San Bernardino, California, and more particularly described in Exhibit "A" attached hereto and incorporated herein by reference ("Property"). 2.2 Project. The Owner is contemplating the development of the Property as described in Exhibit `B" attached hereto and incorporated herein by reference ("Project"). The Owner has submitted applications for various discretionary land use approvals for the Project, consolidated as "DAP -001-602," including, without limitation, those listed in Exhibit "C" attached hereto and incorporated herein by reference, as well as all related environmental review pursuant to the California Environmental Quality Act ("CEQA") and other applicable laws, rules and regulations. 2.3 Consultants. To provide the City with the needed expertise and information necessary for the City's review process concerning the Project, it is or may become necessary for the City to access the services of certain outside legal, environmental, planning and other experts for the Project ("Consultants"). 2.4 Reimbursement. As a condition to the City's completion of the Project review process, the Owner has agreed to reimburse the City for the Consultants' costs and expenses related to the City's Project review process, as well as any other out-of-pocket expenses incurred by the City, in the manner and amounts set forth in this Agreement. The Owner's reimbursement of City under this Agreement will ensure that the City has the necessary resources to diligently and efficiently process the Owner's Project. (BB&K: 12-11)