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HomeMy WebLinkAbout1991-02-12 - AGENDA REPORTS - PREZONE 90-010 AND ANNEX (2)AGENDA REPORT City Manager Approval Item to be presented by: PUBLIC HEARING DATE: February 12, 1991 City Manager SUBJECT: A continued Public Hearing for Prezone 90-010 and Annexation and Development Agreement 90-02 located on the northern and southern sides of Via Princessa East of Sierra Highway and west of the Antelope Valley Freeway. APPLICANT: CP Shopping Center Properties; Mr. Joel Shine and The Price Companies. DEPARTMENT: City Manager BACKGROUND This item was first brought before the Council on January 8, 1991 and continued to the meeting of February 12, 1991. The project was continued to finalize the language of the Annexation and Development Agreement and the traffic conditions. The applicant, CP Commercial Properties, is requesting a prezone to allow the annexation of this site into the City of Santa Clarita. The prezone will change the existing Los Angeles County zoning of C-3 (Unlimited Commercial) and GC (General Commercial, Specific Plan 1) to City of Santa Clarita Zoning C-3 (Unlimited Commercial). The project is consistent with proposed General Plan which designates the site as Community Commercial. On August 14, 1990,.the City Council approved an Agreement to Negotiate Exclusively, which authorized the staff to meet with the Price Company and First Financial Group, Incorporated in an effort to enter into an Annexation and Development Agreement. All parties have been meeting since that time and have just concluded.the preparation of an Annexation and Public Improvement Agreement for approval by the City of Santa Clarita, according to Stan Green, Economic Consultant for the City. To summarize, the attached Agreement provides: a. All parties will consent to annexation of the entire project -site to the City; b. The development of a 100,000 plus square foot building with adequate parking for the Price Club; c. The remainder of the site will also be developed for commercial use; � NIIf1UYCLl �'.`' Item: u d. The Price Company will purchase the.property for $11.50 per square foot from First Financial and the City will acquire public improvements from First Financial in the amount equal to $4 per square foot (approximately $2.7 million); e. Price.Company agrees to lend the City the necessary funds to purchase the. public improvements with no interest for the first five years, and at a 10 percent interest rate after the five years; f. The.financial obligation of the City will be paid entirely from sales tax revenues generated from the Price Club; g. If the Price Company does not collect any sales tax there is no payment on the $2.7 million it has loaned the City; h. The City will use 70 percent of sales.tax generated from the Price Club to pay off the loan and 30 percent will go into the General Fund; i. Price Club will open its doors within nine months of closing escrow or interest on the public improvement loan will be frozen until they open for business. PLANNING COMMISSION ACTION On December 18, 1990; the Planning Commission approved Tentative Tract Map 50151 and recommended approval of Prezone 90-010 and Annexation and Development Agreement 90-02 to the City Council. The subdivision created five commercial lots from four existing commercial lots on 39 acres. The complete Prezone contains 56 acres which includes an existing commercial site adjacent to the Vista Del Canon condominiums. The Price Club would be located on lot two of the tentative tract map, which is located to the northeast of the condominiums. The development of the 56 acres would consist of a maximum of 416,000 square feet of retail space, of which 126,000 square feet is slated for the development of a Price Club. The site is located on the northern and southern sides of Via Princessa, east of Sierra Highway and west of the Antelope Valley Freeway. During the Planning Commission Public Hearings on the project the issues that were raised included: 1. The aesthetic impact of the commercial development on surrounding residents. 2. The cumulative traffic impacts on existing roads. 3. Could the City lose money on the agreement. 4. Is the right of way of the future Highway 126 adequate? At that meeting, the Planning Commission voted to establish a subcommittee to review the final architectural and design plans for the project, when available. The Planning Commission established traffic conditions for the project to minimize the impacts associated with the project and directed staff to further refine these conditions as necessary. The Commission further requested that the applicant set up a meeting with the Vista Del Canon Homeowners Association to evaluate the effects of the development. • 0 Since .that meeting, the applicant met with the Board of Directors of the condominiums on January 17, 1991 and is scheduled to address a general membership meeting of the homeowners on January 22, 1991. The applicant will be reporting the results of the informational meeting at the public hearing. Staff has been refining the traffic conditions with the applicant relating to the intersection of Via Princessa and Vista Del Canon. Attached to this report are two diagrams which show the existing roadway configuration (Exhibit A) and a city traffic engineering staff proposed configuration (Exhibit B). The applicant has agreed to assist the City in the construction of two cul-de-sacs on Vista Del Canon along with the installation of traffic signals. The payment for these improvements would be on a 50/50 basis between the City and CP Shopping Center Properties. City staff recommends the proposed layout (Exhibit 2) as it would improve an existing situation. The proposal would.install a cul-de-sac on Vista Del Canon and -create an access to the existing commercial site. This would also allow for a traffic signal to be installed at the intersection which allows left turn ingress and egress for lot 3, the existing commercial site and for Vista Del Canon. Adopt the Planning Commission's recommendation to approve the project and: 1. Incorporate Exhibit 2 as the preferred traffic configuration. 2. Approve the attached Negative Declaration with the finding that the proposed project with the traffic improvements will not have a significant effect on -the environment; 3. Approve Prezone 90-010 and Annexation and Development Agreement 90-02 based on the required findings; and 4. Introduce Ordinance 91-3, waive further reading, and pass to the second reading. Proposed and Existing Traffic Layouts Ordinance 91-3 Planning Commission Resolution No. P90-57 Negative Declaration Final Draft Annexation and Development Agreement Correspondence FLF:243 dch/ORD327589 ORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA APPROVING AN ANNEXATION'AND PUBLIC IMPROVEMENT AGREEMENT WITH .CP SHOPPING CENTER PARTNERS, CANYON PARK PRINCESSA PARTNERS, AND THE PRICE COMPANY. THE CITY COUNCIL OF THE CITY OF SANTA CLARITA FINDS AS FOLLOWS: A. An Annexation and Public Improvement Agreement has been submitted to, and reviewed by, the City of Santa Clarita for the annexation of certain property owned by CP Shopping Center Partners and the development of a portion of this property as a Price Club, a commercial retail facility to be developed and operated by the Price Company. B. On August 15, 1990, the City entered into an agreement to negotiate exclusively with CP Shopping Center Partners and the Price Company in order to permit the parties to negotiate the terms and conditions of an annexation and development agreement which would specify the rights and obligations of the parties with respect to the development of the property. C. The Council has reviewed and considered the environmental information contained in the Initial Study and the proposed Negative Declaration. y D. The Council has conducted a public hearing on the Annexation and Public Improvement Agreement and has reviewed and -considered the information and materials submitted to the Council in the City's Staff Report, Initial Study and Negative Declaration, recommendations of the Planning Commission, and the testimony presented to the Council at the public hearing. E. The City is in the process of preparing, reviewing, and considering a General Plan as required by California Government Code § 65300, et sea. The Council finds that the Annexation and Public Improvement Agreement is consistent with the City's adopted plans, codes, and policies and is in the best interest of the health, safety, and general welfare of the City, its residents, and the general public. dch/ORD327589 9 • THE CITY COUNCIL OF THE CITY OF SANTA CLARITA ORDAINS AS FOLLOWS: SECTION 1 The Council determines that the Annexation and Public Improvement Agreement, and the development contemplated pursuant to such Agreement, will not have a significant effect on the environment and approves the Negative Declaration prepared in conjunction with the review of such Agreement. SECTION 2. The Council of the City of Santa Clarita hereby approves the Annexation and Public Improvement Agreement between the City, CP Shopping Center Partners, Canyon Park Princessa Partners,.and the Price Company, which is attached.to this Ordinance as Exhibit "A", and authorizes the Mayor to execute this Agreement on behalf of the City of Santa Clarita and the City Clerk to attest to the Mayor's- signature. SECTION 3. The City Clerk is directed to cause a copy of the Annexation and Public Improvement Agreement to be recorded with the County Recorder not later than ten (10) days after it becomes effective upon execution by the last party thereto. SECTION 4. This Ordinance shall be effective upon the 31st day after its passage and adoption. PASSED AND APPROVED this day of , 19 . ATTEST: CITY CLERK -2- MAYOR dch/ORD327589 0 • STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF ) I, , City Clerk of the City of do hereby certify that the foregoing Ordinance No. was regularly introduced and placed upon its first reading at a regular meeting of the City Council on the day of , 19_. That thereafter, said Ordinance was duly adopted and passed at a regular meeting of the City Council on the day of , 19_, by the following vote, to wit: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: APPROVED AS TO FORM: CITY ATTORNEY -3- CITY CLERK PUBLIC HEARING PROCEDURE 1. Mayor Opens Hearing a. States Purpose of Hearing 2. City Clerk Reports on Hearing Notice 3. Staff Report (City Manager) or (City Attorney) or (RP Staff) 4. Proponent Argument (30 minutes) 5. Opponent Argument (30 minutes) 6. Five-minute Rebuttal (Proponent) a. Proponent 7. Mayor Closes Public Testimony 8. Discussion by Council 9. Council Decision 10. Mayor Announces Decision • CITY OF SANTA CLARITA NOTICE OF PUBLIC HEARING REGARDING VESTING TENTATIVE TRACT MAP 50151 ANNEXATION &.DEVELOPMENT AGREEMENT 90-02, AND PREZONE 90-010 OF THE SITE LOCATED NORTH & SOUTH OF VIA PRINCESSA, BETWEEN SEIRRA HIGHWAY AND STATE ROUTE 14 TO C-3 (UNLIMITED COMMERCIAL) PUBLIC NOTICE IS HEREBY GIVEN: A Public Hearing will be held before the City Council of the City of Santa Clarita on the matter. of. Vesting Tentative Tract Map 50151, Annexation and Development Agreement 90-02 and Prezone 90-010. The Annexation/Development Agreement would allow for the annexation and development up to 410,000 square feet of commercial retail space and a Prezone of the site to C-3 (Unlimited Commercial). The location is north and south of Via Princessa, between Sierra Highway and State Route 14; project. proponents, First Financial Commercial Property, Price Club. The hearing will be held by the City Council in the City Hall Council Chambers,- 23920 Valencia Blvd., 1st Floor, Santa Clarita, the 8th day of January, 1991, at or after 6:30 p.m. Proponents, opponents, and any interested persons may appear and be heard on this matter at that time. Further information may be obtained by contacting the City Clerk's Office, Santa Clarita City Hall, 23920 Valencia blvd., 3rd Floor, Santa Clarita. If you wish to challenge this order in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City council, at, or prior to, the public hearing. Dated: December 12, 1990 Donna M. Grindey City Clerk Publish Date: December 19, 1990 • CITY OFSANTACLARITA • NOTICE OF PUBLIC HEARING REGARDING VESTING TENTATIVE TRACT MAP 50151 ANNEXATION & DEVELOPMENT AGREEMENT 90-02, AND PREZONE 90-010 OF THE SITE LOCATED NORTH & SOUTH OF VIA PRINCESSA, BETWEEN SEIRRA HIGHWAY AND STATE ROUTE 14 TO C-3 (UNLIMITED COMMERCIAL) PUBLIC NOTICE IS HEREBY GIVEN: A Public Hearing will be held before the City Council of the City of Santa Clarita on the matter of Vesting Tentative Tract Map 50151, Annexation and Development Agreement 90-02 and Prezone 90-010. The Annexation/Development Agreement would allow for the annexation and development up to 410,000 square feet of commercial retail space and a Prezone of the site to C-3 _(Unlimited Commercial). The location is. north and south of Via Princessa, between Sierra Highway and State Route 14; project proponents, First _Financial Commercial Property, Price Club. The hearing will be held by the City Council in the City Hall Council Chambers, 23920 Valencia Blvd., 1st Floor, Santa Clarita, . the 8th day of January, 1991, at or after 6:30 p.m. Proponents, opponents, and any interested persons .may appear and be heard on this matter at that time. Further information may be obtained by contacting the City Clerk's Office, Santa Clarita City. Hall, 23920 Valencia blvd., 3rd Floor, Santa Clarita. If you wish to challenge this order in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in writted correspondence delivered to the City council, at, or prior to, the public hearing. Dated: December 12, 1990 Donna M. Grindey City Clerk Publish Date: December 19, 1990 Ordinance No. 91-3 AN ORDINANCE OF THE CITY COUNCIL.OF THE CITY OF SANTA CLARITA AMENDING THE OFFICIAL ZONING NAP AND ALLOWING FOR THE CITY TO ENTER INTO AN ANNEBATION/DEVELOPMENT AGREEMENT (Prezone 90-010 and Annexation/Development Agreement 90-02 THE CITY COUNCIL OF THE CITY OF SANTA CLARITA DOES HEREBY ORDAIN AS FOLLOWS SECTION: 1. The City Council does hereby find and determine as follows: a. An application for development and annexation agreement and prezone were filed with the City of Santa Clarita on August 3, 1990 and September 25, 1990, by First Financial Commercial Properties Inc. ("the applicant"). The property for which these entitlements have been filed is a 56 -acre parcel located on the southern and northern sides of Via Princessa between Sierra Highway and State Route 14. The purpose of the prezone is to request the City of Santa Clarita zoning of C-3 (Unlimited Commercial) zone prior to annexation to the City. The purpose of the annexation & development agreement is formalize funding for the project. The Assessor's Parcel Numbers for the site are 2842-26-21, 22, 23, 24, 28 and 29. b. The Planning Commission held a duly noticed public hearing on the application on Tuesday December 18, 1990. At that time, the Planning Commission adopted Resolution P90-57 recommending approval to the City Council of the requested prezone and annexation & development agreement. C. The City Council held a duly noticed public hearing to consider this ordinance on Tuesday, January 8, 1991 and January 29, 1991, at the City of Santa Clarita City Council Chambers, 23920 Valencia Boulevard, Santa Clarita, at 6:30 p.m. SECTION 2. Based upon the testimony and other evidence received at the public hearing, and upon the study and investigation made by the Planning Commission and the City Council, and on their behalf, the City Council further finds and determines as follows: a. The City of Santa Clarita is proceeding in a timely fashion with the preparation of a general plan. There is a reasonable probability that this project will be consistent with the. general plan proposal currently being considered or studied, that there is little or no probability of substantial detriment to or interference with the future adopted general plan if the proposed resolution is ultimately inconsistent with the plan, and that the proposed project complies with all other applicable requirements of state law and local ordinances. 0 0 b. The recommended zone change will not result in a significant negative environmental effect. c. The subject property is of a size and shape which lends itself to the proposed zone. d. The proposed development is consistent with other propertiesin the surrounding area. e. The existing zone for the subject property is Los Angeles County C-3 (Unlimited Commercial) and GC (General Commercial). The revised zone for this project is City of Santa Clarita C-3 (Unlimited Commercial). f. Implementation of this proposal will cause no adverse effects in the environment which cannot be adequately mitigated through the application of .available controls. The, change in zone will not cause substantial environmental damage or substantial and avoidable injury to fish or wild life on their habitat, since the project site is not located. in a significant ecological area. S. The placement of the proposed zones at this location will be in the interest of public health, safety, an general welfare, and in conformity with good zoning practice. h. In taking this action, the City Council has considered the effects of the decision on the housing needs of the region in which the City is located and balanced those needs against the public service needs of the City residents and available fiscal and environmental resources. SECTION 3. The City of Santa Clarita City Council has reviewed and considered the environmental information contained in the Initial Study, which was approved by the Planning Commission, and determines that it is in compliance with the California Environmental Quality Act and that the proposed project will not have a significant impact on the environment. A Negative Declaration was prepared for this project. Based upon the findings stated above, the City Council hereby approves the Negative Declaration. SECTION 4. Based upon the forgoing, the City Council does hereby ordain that the application for a prezone from Los Angeles County C-3 (Unlimited Commercial) and GC (General Commercial, Specific Plan) to City of Santa Clarita C-3 (Unlimited Commercial) is. approved. The zoning boundaries shall conform to Exhibit "A," which is the site plan for Prezone 90-010. The City Council does further hereby approve Annexation/Development Agreement 90-02 as part of this ordinance. SECTION 5. This ordinance shall become effective at 12:01 a.m. on the thirty-first day after adoption, or upon the effective date of the annexation (Annexation No. 1990-10) of the subject property to the City of Santa Clarita, or recordation of a notice of agreement, whichever occurs last. 0 11 SECTION 6. The City Clerk shall certify as to the passage of this Ordinance and cause it to be published in the manner prescribed by law; PASSED, APPROVED, AND ADOPTED THIS _ DAY OF , 1991. Carl Boyer, MAYOR ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) ss CITY OF SANTA CLARITA) I, , City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Ordinance No. 91-3 was regularly introduced and place upon its first reading at a regular meeting of the City Council on the Bth day of January, 1991, that thereafter, said ordinance was duly adopted and passed at. a regular meeting of the City Council on the _ day of , 1991, by the following vote, to wit: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: CITY CLERK 01/25/91 11:53 %Y92132362700 • U&S LA MAIN ... CITY HALL • I Recording Requested By and When Recorded Return to: CITY CLERK CITY OF SANTA CLARITA 23920 Valencia Boulevard Suits 300 Santa Clarita, California 91355 ANNEXATION AND PUBLIC IMPROVEMEM AG BY AND BETWEEN THE CITY OF SANTA CLARI 7� CP SHOPPING CENTER PARTNERS, YON PRINCESA PARTNERS, AN . THE PRICE COMPANY, RELATIVE 7 ANNEXATION AND DEVELO ':OF CERTAIN COX HER CIAL PROPER IES THIS AGREEMENT SHALL BE REC OF EXECUTION BY ALL PURSUANT TO THE REQUIREMENTS OF DAYS 565868. � � 0021035 I I:: ED 01/25/91 11:53 '292132362700 • BW&S LA MAIN - CITY HALL 0003/035 This Annexation and Development Agreement (the "Agreement") is made this day of 19918, by. and between the City.of Santa Clarita, a municipal corpora- tion, organized and existing under the general laws of the State of California (the "City"), CP Shopping Center Partners, a California limited partnership, and Canyon Park Princessa Partners, a California limited partnership, (collectively, the "Property owner"), and the Price Company, a California corporation (the "Developer"). A. The City is authorized pursuant to Government code Sections 65864 through 65869.5 (the "Government Code") to enter into binding agreements with persons or entities having legal or equitable -interest in real property for the development of such property in order to establish certainty in the development process and to reduce the economic risk of development. The City further enters into this Agreement pursuant to Part 4 of Chapter 22.16 of the Santa Clarita Municipal Code (the "Santa Clarita Code"). This Agreement is intended to be, and should be construed as, a Development Agreement within the meaning -of the Government Code and the Santa Clarity Coda. B. The Property owner is the owner of certain real property located in the .County of Los Angeles, California, as shown in Exhibit A to this Agreement (the "Project Site"). The legal description for the Project Site is set forth in Exhibit B to this Agreement. The Project Site consists of approximately 56 gross acres and is generally located in an unincorporated area of the County and within the southwest portion of the Cityfs planning area. C. The Developer has entered, or intends to enter, into an Agreement of Purchase and Sale and Escrow Instructions with the Property Owner ("Purchase Agreement") to purchase a portion of the Project Site (the "Price Club Parcel") for the development of a Price Club (the "Price Club"), a commercial retail and wholesale facility to be developed and operated by the Developer. The Price Club Parcel consists of approximately 14.67 acres, and is generally depicted in Exhibit A to this Agreement, and is specifically described in Exhibit C to this Agreement. The Site Plan for the Price Club, as defined herein, which may WPX/DCH/AGR243434r -1- REV. 1/24191 01/25/91 • 11:54 %292132362700 • BW&S LA MAIN »»» CITY HALL IZO04/035 0 be developed on the Price club Parcel, is described in Exhibit D to This Agreement. The portion of the Project Site that will not be conveyed to the Developer will be referred to as the "Commercial site.1i D. The Property owner desires to develop the Commercial Site with various commercial facilities (the "Commercial Site Project"), generally described in Exhibit E to this Agreement. E. The Parties desire to enter into this Agreement relating to the Project Site in conformance with the -Government Code and the Santa Clarita Coda in order to achieve the development of the Price Club and the Commercial Site Project as expressly permitted under the terms of this Agreement and to provide for public services, public uses, and urban infrastructure, all in the promotion of the health, safety, and general welfare of the City of Santa Clarita and the residents of the Santa Clarita Valley. F. On after conducting a duly noticed public hear ng and considering all appropriate documentation and circumstances, the Planning Commission of the City adopted its Resolution No. ,9L recommending approval, execution, and delivery of this Agreement. G. On Aucrust ;d,. 1990, at a public meeting and after considering all appropriate documentation and circumstances, the City Council of the City adopted its Resolution No. 90-148, initiating annexation proceedings for the Project Site (the "Annexation"), on aIX al, 1991 6, after conducting a duly noticed public hearing goa � 8•- 1991 x.1.991 and considering. all appropriate— documentation, ate documentation, the City Council of the City held a public hearing on this Agreement and, on �y; 12, 199,le, the City Council of the City adopted Or mance No. 90-103, approving the Agreement with the Property Owner and Developer. H. The City desires to obtain the binding agreement of the Property Owner and Developer for the annexation and development of the Project Site in accordance with the provisions of this Agreement. I. The Property Owner and Developer desire to obtain the binding agreement of the City that the City will permit the Property Owner and Developer to develop the Project Site in accordance with the "Applicable Rules#' (as hereinafter defined), including any modifications permitted by this Agreement and in accordance with those matters WPX/DCH/AGR245434r -2- REV. 1/24/91 01/25/91 11:54 %292132362700 BA'&S LA MAIN •»». CITY HALL 2005/036 approved by the City as provided herein. The Property owner and Developer further desire that they not be required to construct public improvements or make dedications or financial contributions to the -City in lieu of public improvements, except as expressly set forth -in this Agreement. J. The Property Owner and Developer have applied to the City pursuant to the Santa Clarita Code for approval of this Agreement providing for the binding agreements desired by the Parties to this Agreement. The City Council of the City has given notice of its intention to consider this Agreement, has conducted public hearings thereon pursuant to the Government Code and the Santa Clarita Code, and has found that the provisions of this Agreement and the Projects are (i) consistent with the City's adopted plans, codes, and policies and the "Zoning ordinance" (as hereinafter defined), (ii) consistent with all other ordinances, resolutions, rules, regulations, laws, plans and policies applicable to the Price Club and Commercial site Project and (iii) in the best interest of the health, safety, and general welfare of the City, its residents, and the general public. This Agreement is entered into pursuant to and constitutes a present exercise of the City's police power and is in compliance with the requirements of the Government Code and the Santa Clarita Code. The City, as a newly incorporated municipal corporation, has not yet adopted a general plan. The City is in the process of preparing, reviewing, and considering a general plan as required by California Government Code section, 65300, at seq., consistent, however, with the rights and protections of the Parties granted under this Agreement. K. The City has extensively reviewed the terms and conditions of this Agreement and, in particular, has specifically considered and approved the impact and benefits of both Projects upon the regional welfare. The terms.and conditions of this Agreement have been found by the City to be fair, just, and reasonable, and prompted by the necessities of the situation so as toprovide appropriate benefits to the City. This Agreement and the pursuit of the Projects will serve the best interests of its citizens, and the public health, safety, and welfare. This Agreement will ensure a desirable and functional community environment; provide effective and efficient development of public faci- lities, infrastructure and services appropriate for the development of the Project Site, including the Price Club. Parcell help maximizes effective utilization of resources within the City; increase City tax revenues by.the develop- ment of the Projects) and provide other public benefits to WPX/DCH/AGR245434r -3- REV. 1/24/91 01/25/91 11:55 V92132362700 BW&S LA MAIN --- CITY HALL Z006/035 • .• the City and its residents by otherwise achieving the goals and purposes of the Government Code and the Santa Clarita Code. L. The Parties acknowledge and agree that the development of the Project Site will result in public needs and further acknowledge and agree that this Agreement confers benefits on the Property Owner and Developer. The Parties intend by this Agreement to provide the consideration expressly set forth herein to the public which the Parties agree shall balance the private benefits conferred on the Property owner and the Developer and satisfy certain direct and indirect public needs resulting from or relating to.the development of the Project Site, and provide public assurance that this Agreement is fair, just, and reasonable, and prompted by the necessities of the situation. The Property Owner and Developer acknowledge that this consideration is reasonably related to the type and extent of the impacts of the development of the Project Site upon the community, and further acknowledge that this consideration is necessary to address the direct and indirect impacts caused by the development of the Project Site. M. This Agreement will survive beyond the term or terms of the present City Council and shall bind the City and future City Councils to the terms.and obligations specified.in this Agreement and limit, to the degree specified in this Agreement and under State law, the future exercise of the City's ability to preclude development of the Projects on the Project Site. By approving this Agreement, the City Council has elected to.exercise certain governmental powers at the time of entering into this Agreement rather than deferring their respective actions to some undetermined future date. The City acknowledges that neither the Project Owner nor the Developer would consider or engage in the development of the Projects described herein without the assurances of development entitlements which this Agreement is designed to provide. N. An environmental study and negative declaration have been prepared and a negative declaration has been or will be certified in conjunction with the consideration of this Agreement and the Projects in accordance with all applicable laws, rules, statutes, ordinances, and regulations of the State of California and of the City of Santa Clarita. O. This Agreement will eliminate uncertainty in planning and provide for the orderly development of the WPX/DCH/AGR245434r -4- REV. 1/24/91 01/25/91 11:56 %29262700 BW&S LA MAIN •--- CITY HALL Z 007/035 Project Sita, eliminate uncertainty about the validity of exactions imposed by the City, allow installation of necessary improvements, provide for public services appropriate to the development of the Project site, and generally serve the public interest within the City of Santa Clarita and in the surrounding region. The Parties agree that the consideration to be received by the City pursuant to this Agreement and the rights secured to the Property Owner and the Developer hereunder constitute sufficient consideration to support the covenants and agreements of the City, the Property owner, and the Developer. By entering into this Agreement, the City desires to vast in the Developer, to the fullest extent possible under the law, all possible Discretionary Approvals in order to complete the Price Club. The City .desires to vest in the Property owner the right to secure all possible Discretionary Approvals under the Applicable Rules relating to the development of the Commercial Site Project. P. The Developer has complied with all necessary conditions precedent under the Government Code and Santa Clarita Code and is now desirous of entering into an agreement with the City in order to commence development and construction of the Price Club, which will result in large expenditures of.money by the Developer. Q. The Property Owner has complied with all necessary conditions precedent under the Government Code and the Santa Clarita Code applicable to the tentative and preliminary nature of.the Commercial Site Project and the Property Owner is now desirous of entering into an agreement with the City in order to (1) ensure completion of the City's discretionary review process and City approvals and actions consistent with the tentative and preliminary plans and this Agreement and (2) commence developmental construction of the Commercial Site Project, as may be approved by City, which will result in large expenditures of money by the Property. Owner. AGREEMENT NOW, THEREFORE, with reference to the above_ Recitals, and in consideration of the mutual covenants and agreements contained in this Agreement, the City, the Property Owner, and the Developer agree as follows: 1. Definitions. In this Agreement, unless the contaxt otherwise r®quires: WPX/DCH/AGR245434r -5- REV. 1/24/91 01/25/91 11:56 $92132362700 BW&S LA MAIN --- CITY HALL • • (a) "Allocated Tax Revenues" means seventy (704) percent of Sales Tax Revenues generated from the Price Club Parcel. (b) "Annexation" means the annexation of the Project Site to the City. (c) "Applicable Rules" means the rules, regulations, and official policies of the City in effect as of the Effective Date governing development, height, subdivisions, rules applicable to landscaping, zoning, set backs, density, permitted uses,.signage, growth management, environmental consideration, and design criteria applicable to the Project; provided, however, that the term "Applicable Rules" shall include any improvement and construction standards, including, without.limitation, building codes and grading requirements in effect at the time the Developer seeks building permits for any part or all of the Price Club or at the time the Property owner seeks building permits or grading permits for any part or all of the Commercial Site Project, except that the grading for the Price Club -Parcel, to the extent such grading is described on the Price Club Site Plan, shall be governed by the rules, regulations, and applicable policies of the City on the Effective Date. 1;or the purpose of this subsection, the term "improvement and construction standards" does not include aesthetic considera- tions. Z2r Joh purpose of, this subsection 14 zoning gJ JU Project Site is t e C-3 Commercial Zone. (d) "City" means the City of Santa Clarita, a municipal corporation. (e) "Commercial Site" means that portion of the Project Site that will not be conveyed to the Developer. (f) "Commercial Site Project" means the commercial facilities the Property Owner proposes to develop on the Commercial Site and generally described in Exhibit E to this Agreement. (g) "Commercial Site Site Plan" means the site planorplana for the commercial Site which will be prepared, reviewed, and approved pursuant to Section 7 of this Agreement. WPX/DCH/AGR245434r -6- REV. 1/24/91 01/25/91 11:57 '292132362700 BW&S LA MAIN »»» CITY HALL 2609/035 city. (h) "Council" means the City Council of the (i) "Debt Service Payment" means each and every payment required to be made by the City under section 10 of this Agreement in repayment of principal and interest on the City Note. (j) "Developer" means the Price Company, a California corporation. (k) "Discretionary Action; Discretionary Permit and/or Approval" is an action which requires the exercise of judgment, deliberation, or a decision, and which contemplates and authorizes the imposition of revisions or conditions, by the City, including any board, commission, or department of the City and any officer or employee of the City, in the process of approving or disapproving a particular activity, as distinguished from an activity which merely requires the City, including any board, commission, or department of the City and any officer or employee of the City, to determine whether there has been compliance with applicable statutes, ordinances, regulations, or conditions of approval. (1) "Effective Date" in the last of the dates on which this Agreement is executed by the Parties. (m) "Fees" means any fees paid to the City for the processing of any Discretionary Action, and fees paid to the City or fund of the City and which are intended to be used for the construction, or reimbursement for the construction, of capital improvements owned or maintained by a public entity. The term "Fees" does not include fees paid to the City for City review and approval of plan checking, foundation permits, grading permits, building permits, and any other similar fee intended to reimburse the City for costs to the City in the determination -of whether there has been compliance with applicable statutes, ordinances, regulations, or .conditions of approval. (n) "Final Map" is any Parcel Map that is recorded the conveyance of the Price Developer. Final Subdivision or in order to accommodate Club Parcel to the WPX/DCH/AGR245434r -7- REV. 1/24/91 01/25/91 11:57 '892132362700 BW&S LA MAIN •»»» CITY HALL Z010/035 (o) "Government Code" means Government Code Sections 65867 through 65869.5, inclusive. hase Amount" means the gay yg PropartV the Proaerty owner for 9r, to 2 constructioa or oar this (q) "Loan" means the loan from the Developer to City described in section 10 by this Agreement. (r) "Loan Period" means a period of thirty (30) Note Years or until the Loan has been paid in full, whichever event occurs first. (s) "Mortgage" means a mortgage, deed of trust, sale and leaseback arrangement or other transaction in which the Project Site, or a portion thereof or interest :therein, is pledged as security. (t) "Mortgagee" means the holder of a beneficial interest under a Mortgage. (u) "Note Year" means (i) the twelve (12) calendar months beginning on the first day.that the Price Club is open on the Price Club Parcel for business to the public, and (ii) each twelve (12) calendar months thereafter. if the Price Club opens on a day other than the first day of a calendar month, the first Note Year shall consist of the twelve calendar months beginning with the first calendar month after the date the Price Club opens plus the period from the date of .the opening until the first day of the first calendar month after the opening. (v) "Parties" means the parties to.this Agreement. (w) "Payment Date" means the last day of each month of each Note Year. WPX/DCH/AGR245434r -8- REV. 1/24/91 01/25/91 11:58 '292132362700 BW&S LA MAIN +++ CITY HALL Z 011/035 {w} aparmanently sense business eperatiansa mea"s the cessation e! busineser (x) "Price Club" means the commercial retail and wholesale facility which the Developer proposes to develop on the Price Club Parcel. (y) "Price Club Parcel" means a portion of the Project Site, as shown on Exhibit A and described in Recital C to this Agreement. (z) "Price Club Site Plan" means the site plan, elevations, conceptual grading plan, building design, and landscaping plan as shown on Exhibit D to this Agreement. -(aa) "Projects" means the Price club and the Commercial Site Project. {ab} uReimbursement Improvement Purchase Ameuntu means the total emeunt the fifty Will pay to the Property Owner in order to reimburse the Property ewner ger the Property ewner4a actual costs in constructing and installing the Public Imprevementsr The Reimbursement Ameunt will equal �Br6fi�=4B6r6er (ac) "Project Approvals" means discretionary ermit and approvals, including without limitation any necessary land use, zoning, site plan or subdivision approvals and all other approvals and entitlements required for the development of the Projects, including, but not limited to, general plan amendments, specific pian amendments, zona changes, zone variances, conditional use permits, lot line adjustments, encroachment permits, site plan approvals, vesting parcel maps, vesting tentative subdivision maps, subdivision improvement agreements and street vacations that will accomplish the goals, objectives, policies and plans referenced, described, and shown in the Price Club Site Plan, the Commercial Site Site Plan as may be approved by the City for the.Commercial Site Project, and this Agreement. The term "Project Approvals" also includes landscaping, engineering, building design, and grading approvals for the Price Club Parcel with respect to the Price Club Site Plan. WPX/DCH/AGR245434r -9- REV. 1/24/91 01/25/91 11:58 V92132362700 BW&S LA MAIN »»» CITY HALL 012/035 1* 0 (ad) "Project shown on Exhibit A this Agreement. Site" means the real property and described in Recital B to (as) "Property owner" means CP Shopping Center Partners, a California limited partnership, and Canyon Park Princessa Partners, a California limited partnership. (af) "Public Improvements" means only those public improvements specifically identified in Exhibit F, the Description of Public Improvements, that the Property Owner shall construct.and dedicate to the City, or that the City or such other public entity or utility as the City shall lawfully designate, may acquire, construct, equip, install, operate, or maintain pursuant to the provisions of this Agreement. The term "Public Improvements" also includes the payment of fees as specified in Exhibit F to this.Agreement. (ag) "Purchase Agreement" means the Agreement of Purchase and Sale and Escrow Instructions between the Property Owner and Developer to purchase the Price Club Parcel..7 atteehad to this Agreement as Exhibit nGKT (ah) "sales Tax Revenue" for a Note Year shall mean an amount equal to one hundred percent (look) of that portion of taxes derived by the City from the imposition of the Bradley -Burns Uniform Local Sales and Use Tax Law, commencing with Revenue and Taxation Code Section 7200, as amended, arising from all businesses and activities conducted on the Price Club Parcel from time to time and which are subject to such Sales and Use Tax Law. (ai) "Santa Clarita Code" means Part 4 of Chapter 22.16.of the Santa Clarita Municipal Code. (aj) "Zoning Ordinance" is the Zoning Ordinance for the City of Santa Clarita (Title 22 of the Santa Clarita Municipal Code). 2. Interest of Property Owner and Developer. The Property Owner represents to the City that, as of the. Effective Date, it owns the Project site, in fee, subject to encumbrances, easements, covenants, conditions, restrictions, and other matters of record. The Developer represents to the City that, as of the Effective Date, it WPX/DCH/AGR245434r -10- REV. 1/24/91 01/25/91 11:59 V921,"362700 BW&S LA MAIM •»»» CITY HALL 0013/035 has an equitable interest in the Price Club Parcel pursuant to the Purchase Agreement, wherein the Property Owner has agreed to sell, and the Price Club has agreed to purchase the Price Club Parcel in fee in accordance with the terms and conditions of the Purchase Agreement. 3, Binding Effect. This Agreement, and all of the terms and conditions of this Agreement, shall run with the land comprising the Project Site and shall be binding upon and inure to the benefit of the Parties and their respective assigns, heirs, or other successors in interest. Nothing herein shall be construed as a dedication or transfer of any right or interest in, or creating a lien with respect to, the title to the Project Site. 4. Negation and.Agencp. The Parties acknowledge that, in entering into and performing this Agreement, each is acting as an independent oniity-and not as an agent of the other in any respect. Nothing contained.herain or in any document executed in connection herewith shall be construed as making the City, Property Owner, and Developer joint venturers or partners. S. Installation and Construction of Public Improvements. The Property owner will prepare and file with the City detailed construction plans and drawings for the Public Improvements set forth in the Description of Public Improvements in Exhibit "F" ("Public Improvements") for approval by the City Engineer. Upon approval of the City Engineer, these plans and drawings shall be labeled Exhibit "F-111 ("Public Improvement Drawings") and shall be deemed a part of this Agreement. The Public Improvement Drawings shall be prepared in accordance with the standard specifica- tions of the City or the public entity that will ultimately own and/or maintain the Public Improvements. on or before the date on which the Commercial Site, and any structure thereon, may be occupied, the Property Owner shall construct, install,.and substantially complete all of the Public Improvements, to the reasonable satisfaction of the City or the public entity that will ultimately own and/or maintain the Public Improvements. The Public Improvements shall be installed and constructed in compliance with the Public Improvement Drawings. Nothing in this Agreement shall be construed as prohibiting the construction and/or occupancy of.the Price Club prior to completion of the Public Improvements. 6. Development of the Price Club Parcel. The Developer shall have the right but not the obligation to develop the Price Club Parcel and construct the Price _Club WPX/DCH/AGR245434r -11- REV. 1/24/91 01/25/91 12:00 '8`92162700 BW&S LA MAIN --- CITY HALL IM 014/035 and related improvements consistent with the Site Plan for the.Price Club ("Price Club site Plan„) attached as Exhibit D and as otherwise provided for in this Agreement, except for such changes as may be mutually agreed upon between the City and the Developer. The City agrees that with the approval and execution of this Agreement, no further Project Approvals are necessary for the Developer to develop the Price Club Parcel pursuant to the provisions of this Agreement. The Developer has not restricted or waived its right to develop the Price Club Parcel inconsistent with the Price Club Site Plan provided such development is reviewed and approved pursuant to the rules, regulations, and procedures of the City of Santa Clarita in effect at the time the Developer makes application to the City for such development. 7. Development of the Commercial Bite. The Commercial Site shall be developed by the Property Owner in accordance with the provisions of this section of the Agreement and as otherwise provided in this Agreement. (a) Basic Conceptual DriVings. The Property Owner will prepare.and submit to the Community Development Director of the City a site plan or plans for the Commercial Site ("Commercial Site Site Plan") for review and approval according to the normal procedures and practices of the City pursuant to the Applicable Rules. The Commercial Site Site Plan shall include renderings or eleva- tions and depict and/or describe architectural fea- tures, and shall be submitted in sufficient detail to enable the City to evaluate the respective proposals for conformity to the Applicable Rules and assuring that each respective proposal is consistent and compatible in appearance, quality, and design with all other developments existing or planned for the Project Site, (b) Construction Drawings and Related Documents. The Property Owner shall prepare and submit to the City Preliminary Construction Drawings and Final Construction Drawings for the Commercial Site for review and written approval. The Preliminary Construction Drawings and Final Construction Drawings shall be consistent with the approved Commercial Site Site Plan. Preliminary Construction Drawings are hereby defined as those Construction Drawings submitted by the Developer to the Cityfs Building Department to obtain a building permit. Final Construction Drawings are those WPX/DCH/ACR245434r -12- REV. 1/24/91 01/25/91 12:00 2292132362700 BW&S LA MAIN »»» CITY HALL 0 • drawings and details submitted by the Property Owner to the City's building Department in response to comments and requirements of that Department resulting from the plan check upon the Preliminary Construction Drawings. (c) Revisr Process. Preliminary Construction Drawings and Final Construction Drawings shall be reviewed according to the normal procedures and practices of the City consistent with the Applicable Rules. Issuance of a building permit shall constitute approval by the City of all drawings to be required of the Property owner. (d) Development. The commercial Site shall be developed as established in the approved Commercial Site Site Plan and related documents, except for such changes as may be mutually agreed upon between the City and the Property Owner. All design and development standards of the City applicable to the development of the Commercial Site shall be in accordance with the Applicable Rules, including, by way of example, but not limitation, the zoning ordinance. in the event a conflict arises in the application of any of the Applicable Rules, the standard which is the most compatible with the development of the Project Site and the intent of the Parties under this Agreement shall control. (e) Parcels. The Property owner, and .its successors and assigns, shall beentitlednow and in the future, from time to time, to divide, subdivide, and record the Commercial Site into separate, individual, and distinct parcels and lots for sale, lease, or finance, together or separately, to third parties, in accordance with the Applicable Rules, and in a manner consistent with the Commercial site Project or Commercial site Site Plan. (f) Permitted Density, Height and Uses. The density and.intensity of use, the general location of uses, the number and size of legal lots, the maximum height and size of proposed improvements, and other standards of development applicable to the Commercial site shall be (i) as generally permitted on the Commercial site site Plan, (ii) as permitted on the Commercial Site under the Z 015/035 WPX/DCH/AGR245434r -13- REV. 1/24/91 01/25/91 12:01 $921 362700 BW&S LA MAIN w» CITY HALL Applicable Rules, and (iii) those as are permitted under the Zoning Ordinance. (g) Modifications. The Parties acknowledge that any prospective third party purchaser of a lot or parcel on the Commercial Site may require as a condition to or in connection with its purchase that the configuration or size of such lot or parcel, or improvements thereon, be modified from that shown an the Commercial Site Project or Commercial site site Plan. To facilitate development of the Commercial Site, the Parties agree that the size and configuration of the proposed lots or parcels and dimensions and/or locations of improvements on the Commercial Site may be so modified at the Property Owner's discretion, provided that the aggregate total density and intensity of the Commercial Site are not increased, and the permitted uses thereon are not modified, from that provided on the Property Owner Site Plan, and that the parcels and lots and improvements thereon are in accordance with the Applicable Rules, including all set -back and construction standards set forth therein. (h) Parcel 12.. The City acknowledges that Parcel 12 of the Commercial site, as designated in Exhibit A, has been graded prior to the Effective Date and Property owner acknowledges that such grading has been substantially completed pursuant to all applicable rules and regulations of the County of Los Angeles and that the County of Los Angeles has approved and accepted such grading. The City, therefore, agrees that the grading of Parcel 12 complies with the Applicable Rules, notwithstanding anything herein to the contrary. The COYu e aoknow edges Jh" � � use Ctv A= a icable to Parcel 12 I _City w 1 BE ug=kg condition 21 a va m any o unert WPX/DCH/AGR245434r -14- REV. 1/24/91 01/25/91 12:01 2292062700 BW&S LA MAIN ..». CITY HALL 2017/035 (i) Approval of xodifications. Modifications to the Commercial Site, the Commercial Site Site Plan, or the development or construction of any improvement on the Commercial Site, shall not require the approval or consent of the Developer except to the extent provided under the Purchase Agreement. Modifications to the Price Club, the Price Club Site Plan, or the development or construction of any improvement on the Price Club Parcel,.shall not require the approval or consent of the Property owner except to the extent provided under the Purchase Agreement. 8. Agreement and assurance on the Part of the Property Omer and Developer. (a) Annexation. The Property Owner will consent to, actively support, and promote, and will not protest or contest, the annexation of the Project Site to the City of Santa Clarita. The Property Owner will undertake or perform all actions or'activities which the City Manager deems appropriate or necessary in order to further, advance,.and promote the annexation of the Project Site to the City. Developer will consent.to,.and not protest, the annexation of the Project Site to the City. (b) Construction of the Public Improvements. In accordance with the terms of Section 5 of this Agreement relating to the development of the Public Improvements, the Property owner shall begin and complete all construction and development of the Public Improvements pursuant to the Purchase Agreement. (c) Easements. Concurrent with recordation of any Final Map(s) on the Project Site, the Property owner shall acquire and grant to the City the public street easements and public utility easements met forth in the Exhibit A and as may.be more specifically delineated on any tentative parcel map or subdivision map applicable to the Project Site or any portion thereof, and the public street easements and public utility easements which would be reasonably necessary to.facilitate the construction of the infrastructure itoms set.forth in Paragraph (b) of this Section 8. wPx/DCH/AGR245434r -15- REV. 1/24/91 01/25/91 12:02 V92062700 BW&S LA MAIN •»»» CITY HALL Z018/035 City. (d) COV&nant Not To Compete. Developer agrees that in the event a Price Club opens for business on the Price Club Parcel, then for a period of ten (1o) years from the.date of such opening, the Developer may not both (i) voluntarily permanently close the Price Club on the Price Club Parcel and (ii) thereafter open another Price.Club within the _portion of the Banta slarfte ValleyT as such area #as depicted in Exhibit "HG" to this Agreement ("Sbeclai Area„ I. Nothing herein is intended to restrict the Developer from opening one or more additional Price Clubs or similar facilities within the sent& elarita Valley Special Area in addition to the Price Club on the Price— club ry Club Parcel. 9. Agreement and Assurances on the Part of the (a) project Approvals for the price Club. The city.shall not require or impose any additional Project Approvals for the Price Club and the Developer shall be entitled to develop the Price Club Parcel consistent with the provisions of this Agreement. (b) Project Approvals for the Commercial site Project. The City is bound with respect to the zoning, density and intensity of use, signage, the location of uses, number and size of legal lots, the permitted uses, and the maximum height and size of proposed buildings applicable to the Commercial Site as this Agreement so provides or as otherwise sat forth in the Applicable Rules. The City hereby agrees that the land uses set forth in this Agreement are approved pursuant to the terms of this Agreement, provided that the Property owner with respect to the Commercial Site, satisfactorily complies with all preliminary procedures, actions, payments and criteria required under the Applicable Rules for procassing.applications for developments. The City agrees to grant and implement, in accordance with the applicable provisions of this Agreement any necessary Project Approvals pursuant to the Applicable Rules,. subject to the terms, conditions and exceptions contained herein. WPX/DCH/AGR243434r -16. REV. 1/24/91 01i25i91 12:03 $9382700 BW&S LA MAIN • »»- CITY HALL (c) Imposition of E:actions, Dedications, Assessments, tees, Reservations, Dedications and Public Improvements. The City agrees that no conditions, exactions, dedications, assessments, fees, reservations, dedications or public improvements shall be imposed by the City as a condition to any development of the Project Site or any portion thereof, as is contemplated under this Agreement, except as is expressly set forth in this Agreement And the Anolicable Rules. (d) Cooperation and implementation By and Between The City and Developer. Upon execution of this Agreement and upon the Developer's filing of a completed application for building permit for the Price Club, the City will commence and proceed to complete all steps required of the City necessary or appropriate for the implementation of this Agreement and the development of the Price Club in accordance with the terms of this Agreement, including, but not limited to, the processing and checking of any and all building plans and specifications and any other plans necessary for the development of the Price Club and the issuance of all necessary building permits, occupancy certificates, or other required permits for the construction, use, and occupancy of the Price ClubThe City's obligations pursuant to the provisions of this subsection (d) are conditioned upon the Developer providing the .City with all documents,- plans, and other information necessary for the City to carry out its obligations under this Agreement. (e) cooperation and Implementation By and Between the City and the Property owner. Upon satisfactory completion by the Property Owner of the required preliminary actions and payments of appropriate fees, the City will commence and proceed to complete all steps required of the City necessary or appropriate for the.implementation of this Agreement and the development of the Commercial Sita Project in accordance with the terms of this Agreement, including, but not limited to,the processing and checking of any and all Project Approvals, maps, site plans, development plans, land use plans, grading plans, agreements, covenants, applications, and related matters required under the conditions of this Agreement, building plans and specifications and any other WPX/DCH/AGR245434r -17- REV. 1/24/51 01/25/91 12:03 '&921.J62700 BW&S LA MAIN 6-- CITY HALL pians necessary for the development and occupancy of the Commercial Site Project, filed by the Property Owner and the issuance of all necessary building permits, occupancy certificates, or other required permits for, the construction, use, and occupancy of the Commercial Site Project. The Property owner will provide the City with all documents, plans, and other information necessary for the City to carry out its obligations.under this Agreement. (f) Acquisition of Public Improvements. The City agrees to purchase the Public Improvements described in Exhibit F to this Agreement consistent with the provisions of this subsection. When the Property Owner's Engineer has certified to the City that the.improvements designated as substantially completed in Exhibit F to this Agreement have been substantially completed and/or paid in full and the City Engineer has inspected said improvements and has verified that said improvements have been substantially completed to the reasonable satisfaction of the City and/or paid for in accordance with the relevant plans and specifica- tions, and 2r. if the Public Improvements would have bean completed but for Force Majeure delays caused by the City pursuant to the provisions of Section 14 of this Agreement, then upon the close of.escrow pursuant to the Purchase Agreement, the City shall pay to the Property Owner, without offset or deduction, the amount of One Million Two Hundred Seventy -Eight Thousand Seven Hundred Eighteen Dollars ($1,278,71800), in full payment for such portion of the Public Improvements. Upon the date of the issuance of a building permit for the Price Club, or on the one hundred and eighty first (181st) day after.the close of escrow under the Purchase Agreement, whichever event occurs first, the City shall pay to the Property Owner, or pay on behalf of the Property owner, the amount of One Million Two Hundred Seventy -Eight Thousand Seven Hundred Eighteen Dollars ($1,278,718.00) in full payment of the remaining portion of the Public Improvements and the fees and charges as described in Exhibit F to this Agreement. Prior to the issuance of any building permit for the Commercial Site Project or any portion thereof, all Public Improvements described in Exhibit F shall be completed and installed, deemed to be substantially completed and installed, or paid for in full. Leel WPX/DCH/AGR245434r -18- REV. 1/24/91 01/25/91 12:04 '092132362700 BW&S LA MAIN »»» CITY HALL • • Notwithstanding the foregoing, for purposes of thi8 Section 9(f), the Public Improvements shall be deemed substantially completed as of the date the Public Improvements would havebeen completed but for Force Majeure delays caused by the City pursuant to Section 14(b) of this Agreement. If the City fails to make payment for the Public Improvements within thirty (30) days of the date such Rayment is due, interest shall accrue on the unpaid balance at a rate equal to ten percent (10%) per annum from the thirty-first (31st) day such payment was due. (g) Easements i Title. Prior to the issuance of a building permit for the Commercial Site Project or any portion thereof, the Property owner shall submit to the City appropriate documents transferring to the City or other public entity or public utility as agreed to by the City, all right, title and interest of the Property owner in the Public Improvements. In addition, the Property Owner shall grant or cause to he granted to the City a right of possession or an easement or other ownership interest either to the City or other public entity or public utility satisfactory to the City Engineer. Such a conveyance need only be made to the extent a specific Public Improvement is' located on real property for which either the City or such other public entity or public utility does not have a satisfactory legal interest in connection with such real property on which such Public Improvement is located. (h) lusting Rules to Govern. In accordance with the provisions of Government Code Section 65866, the City, the Developer and the Property owner, each to the extent legally permissible, agree that the Applicable Rules shall govern during the term of this Agreement except for the Project Approvals for the Price Club which the City has approved as provided in Section 6, herein. Except as otherwise provided in this Agreement, no amendment to, .revision of, or addition to any of the Applicable Rules without Developer's and the Property owner's written approval, whether adopted or approved by the City Council or any office, board, commission or other Agency of the City, or by the people of the City through charter amendment, referendum or initiative measure, shall be effective or enforceable by the Q 021/035 WPX/DCH/AGR245434r -19- REV. 1/24/91 01/25/91 12:04 2292], 362700 BW&S LA MAIN •»»» CITY HALL Z022/035 City with respect to the Projects, and the design, density, intensity, signage, grading, zoning, construction, remodeling, or use of the Projects. (i) subsequent 9181ow/No Growth" Heasures. Consistent with the provisions of this Agreement, the City agrees that to the extent legally permis- sible any subsequently enacted initiatives, referendums, or amendments to the City's general plan and/or Zoning Ordinance which contain "slow/no growth" measures, or which by their terms are intended to or by operation have such effect, shall have no application to the Price Club Project or the Commercial Site Project. (j) subsequent Environmental Assessments. Consistent with the provisions of this Agreement, the City agrees that to the extent legally permissible, the mitigation measures required for the Projects pursuant to any subsequent environmental assessment, if any, are limited to those established by this Agreement. (k) rederai, state and Health and Safety Laws. Subsection (i) above shall not preclude the application to the development of the Project Site of changes in ordinances, resolutions, rules, regulations, laws, plans or policies which are deemed necessary by the City to serve health and safety interests of the public, as supported by appropriate findings as to the basis for applying such changes to the development of the Project Site, or which are specifically mandated and required by changes in state or federal laws or regulations, as provided for in Government Code Section 65869.5. The parties acknowledge and agree that the City is restricted in its authority to limit police power by contract and that the foregoing are intended to reserve to the City all of its respective police power which cannot be so limited. Notwithstanding the foregoing, this Agreement shall be construed, contrary to.its stated terms if necessary, to reserve to the City all such power and authority which cannot be restricted by contract. 10. Developer Loan by Developer.to the City. (a) Loan. In order to assist the City in reimbursing the Property Owner for its cost WPX/DCH/AGR245434r -20- REV. 1/24/91 01/25/91 12:05 '8'92362700 BW&S LA MAIN»»» CITY HALL relating to the Public Improvements as described in Section 9 of this Agreement, the Developer shall loan (the "Loan") to the City an amount equal to the Reisbursament Imnrovement Urchase Amount. The Developer will advance to the city, at the close of escrow pursuant to the Purchase Agreement and at such times thereafter as requested by the City and in accordance with this Section, principal amounts not to exceed an aggregate of an amount equal to the.Reimbursement Amount to finance the acquisition of the Public Improvements. In the event escrow does not close under the Purehase_Agreement .for any reason, including but not limited to default of either party, then Developer shall have no obligation to make the Loan to the City. (b) City Note. The City shall execute and deliver the City Note to the Developer, in the form attached to this Agreement as Exhibit "I", prior tc or at the time the City requests the advance of any portion or all of the loan proceeds. Each cash advance by the.Developer to the City shall be charged to and increase the principal of the note, but in no event shall the principal of the note exceed an amount equal to the Re4:zhursexext Improvement Purchase Amount. All amounts when charged or chargeable as principal of the City Note shall accrue interest at the rate of So.percent per annum, compounded annually based upon a.360 day year, actual days elapsed, except that, in the event the Price Club is not opened to the public within two hundred and seventy (270) days after the date of the close of escrow pursuant to the Purchase Agreement, subject to extensions of time for events of Force Majeure as defined in Section 14 herein, or due to the failure to complete the Public Improvements, the Note shall not accrue interest from the two hundred and seventy-first (271st) day as may be extended by Force Majeure or failure of the Property Owner to complete the Public Improvements, until the day on which the Price Club first opens to the Public. The city's liability for payment of the City Note shall be computed solely on the basis of Allocated Tax Revenues received by the City; although the City may, but is not required to, pay the City Note from any financial source of the City, the Cityfe obligations under the Note shall not exceed the amount of Allocated Tax Revenues. 2023/035 WPX/DCH/AGR245434r -21- REV. 1/24/91 01/25/91 12:06 '8'921362700 BW&S LA MAIN -»» CITY HALL IM 024/035 46 (c) Note payment. .Provided the Developer has opened the Price Club for business on the Price Club Parcel, the City shall make its Debt Service Payments on each Payment Date during each Note Year in an amount equal to the Allocated Tax Revenues paid to the City during the Note Year as of the Payment Date less any Debt Service Payment previously paid to the Developer for such Note Year. Debt Service Payments shall be credited to the payment of all accrued but unpaid interest and the balance to principal. Debt Service Payments shall be made for a period or thirty (30) Note Years or until the Loan has been paid in full,. whichever event occurs first (the IfLoan Period"). Iri the event that Debt Service Payments are insufficient to fully discharge the Note during the Loan Period, the unpaid balance of the Note, including any accrued interest, shall be deemed forgiven. (d)Closure of pries Club. �Pr�o�vid�ed the Developer opens a Price C]` "ous '2 .11e ELM Club Parceli the event the Developer should permanently cease business operations of the Price Club on the Price Club Parcel within live years after the Developer opens a Price Club for business an the Price Club Parcel, interest on the Note shall cease to accrue until such date as one or more new commercial businesses commence business operations on the Price Club Parcel, at which time interest on the.Nota shall begin to accrue interest. Iri the event the Developer should permanently cease business operations of the Price Club on the Price Club Parcel on a date more than five years after the Developer opens a Price Club for business an the Price -Club Parcel, interest on the Note shall cease to accrue on the 181st day after such cessation of business operations until such date as one or more new commercial businesses commence business operations on the Price Club Parcel, at which time interest on the Note shall begin to accrue interest.. = = purpose aj, li l n c�easeds�b s ness s av a ane a ed us to matt no m e .to a to repair 2r. events A= Section14( but WPX/DCH/AGR243434r -22- REV. 1/24/91 01/25/91 12:06 V92362700 BW&S LA MAIN »»» CITY HALL 2025/035 11. Obligation of City Arising pro* Agreement. Neither the General Fund, nor any other fund or moneys of the City, except in an amount equal to the Allocated Tax Revenues, shall be liable under this Agreement for any loan payments or reimbursement as described herein to the Developer or the Property Owner. Neither the credit nor the taxing power of the City is pledged for the payment of any obligations arising under this Agreement except that the City will not rescind, repeal, or amend its sales tax levying ordinance in any manner that would reduce the sales tax rate of the City during the term of the -1Tjoan. Neither the Developer nor the Property Owner shall compel the exercise of the City's taxing power to satisfy any obligations arising from this Agreement. The obligations arising from this Agreement constitute a liability of the City contingent upon the payment of Sales Tax Revenues to the City and -only to the extent.such Sales Tax Revenues are in fact paid to the City although the City may, in its discretion, pay its obligations under the Agreement from any source of funds of the City. 12. Review of Compliahoe. This Agreement shall be reviewed in accordance with the procedures and standards set forth in this Agreement, the Government. Codes, and in the Santa Clarita Code in order to ascertain compliance by the Developer and the Property Owner with the terms of this Agreement. 13. Mortgagee Protection' Certain Riqhts of Cure. (a) Mortgagee Protection. To the extent legally permissible, this Agreement shall be superior and senior to any lien placed upon the Commercial Site or the Price Club Site, or any portion thereof, including the lien of any Mortgage. Notwithstanding the foregoing, no breach hereof shall defeat, rander invalid, diminish or impair the lien of any Mortgage made in good faith and.for value; and any acquisition or acceptance of title or any right or interest in or with respect to the Project Site or any portion thereof by a Mortgages (whether under or pursuant to a Mortgage, foreclosure, trustee's sale, deed in lieu of foreclosure or otherwise) shall be subject to all of the terms and conditions contained in this Agreement. The Parties agree that they will make reasonable amendments to this Agreement to meet the requirements of any lender for the Projects. WPX/DCH/AGR243434r -23- REV. 1/24/91 01/25/91 12:07 '8'92362700 BW&S LA MAIM .-»» CITY HALL (b) Mortgagee Not obligated. No Mortgagee shall have an obligation or duty under this Agreement to perform the Property owner's or the Developer's obligations or other affirmative covenants of either hereunder, or to,guarantee such performance. (C) Notice of*Defauit to Mortgagee; Right of Mortgages to Cure. If the City receives notice from a Mortgagee requesting a copy of any notice of default given hereunder and specifying the address for service thereof, and records a copy of each request in the official records of Los Angeles County in the manner required under Civil Code section 2924b with respect to Requests for Notices of Default, than the City shall deliver to such Mortgagee, concurrently with service thereon to the Applicable Party, any notice given to the Applic- able Party with respect to any claim by such party that it has not complied in good faith with the terms of this Agreement or has committed an event of default. Each Mortgagee shall have the right (but not the obligation) for a period of ninety (90) days after the receipt of such notice from such party to cure or remedy, or to commence to cure or remedy, the.claim to default or noncom- pliance set forth in such party's notice. If the default is of a nature which can only be remedied or cured by such Mortgagee upon obtaining posses- sion, such Mortgagee may (but is not obligated to) seek to obtain possession with diligence and conti- nuity through foreclosure, a receiver or otherwise, and may (but is not obligated to) thereafter remedy or cure_the default or noncompliance within thirty (30) days after obtaining possession. If any such default or noncompliance cannot, with diligence, be remedied or cured within such thirty (30) day period, then such Mortgages shall have such additional time as may be reasonably necessary to remedy or cure such default cr:noncompliance if such Mortgagee commonces cure during such thirty (30) day period, and thereafter diligently pursues and completes such cure. (d) Bankruptcy. Notwithstanding the foregoing provisions of this Section 13, if any Mortgages is prohibited from commencing or prosecuting foreclosure or other appropriate proceedings in the nature thereof by any injunction issued by any court or by reason of any action by LFJ� WPX/DCH/AGR245434r -24- REV. 1/24/91 01i25i91 12:07 '092 362700 BW&S LA MAIN --- CITY HALL 2027/035 any court having jurisdiction of any bankruptcy.or insolvency proceeding involving the Applicable Party, the times specified in Subsection 13(c) for commencing or prosecuting foreclosure or other proceedings shall be extended for the period of -the prohibition. 14. Enforced Delay; Extension of Time of Performance; Exoused Performance. (a) Yorce Majeurs. In addition to specific Provisions of this Agreement, performance by any party hereunder shall not be deemed to be in default where delays or failures to perform aredue to war, insurrection, strikes, walk -outs, riots, floods, earthquakes, the discovery and resolution of hazardous waste or significant geologic, hydrologic, archaeologic or paleontologic problems on the Project Site, fires, casualties, acts of God, shortgages of labor or material, governmental restrictions imposed or mandated by other govern- mental entities, enactment of conflicting state or federal statutes or regulations, judicial decisions, litigation not commenced by a party to this Agreement claiming the enforced delay, or any other basis for excused performance which is not within the reasonable control of the party to be excused. Causes for delay as set forth above are collectively referred to as "Force Majeure." (b) City Delays. Force Majeure shall also include delays in the City furnishing or providing any necessary inspection required by the City under this Agreement whenever the inspection occurs more than forty-eight hours over two or morebusiness days after a request for inspection is made by the Property Owner or Developer. (c) Notice. If written notice of such delay or impossibility of .performance is provided to a party within thirty (30) days after the commencement of such delay or condition of impossibility, an extension of time for such cause will be granted in writing for the period of the enforced delay, or longer as may be mutually agreed upon by the applicable parties in writing, or the performance rendered impossible shall be excused in writing by the party so notified. WPX/DCH/AGR245434r -25- REV. 1/24/91 01/25/91 12:08 %Y92W62700 BW&S LA MAIN * »»» CITY HALL 12028/035 15. Term of Agreement. if the Project Site is not annexed to the City of Santa Clarita. prior to March 1, 1992, or on such date as mutually agreed to by the Parties hereto, this Agreement shall be null and void. The obligations cf the Parties to this -Agreement shall be binding as and when the Agreement is executed and shall remain in effect for a term of twelve (12) years, except in regard to the Loan, which shall remain in effect for the Loan Period. Following the expiration of said term, this Agreement shall be deemed terminated and of no further force and effect; provided, such termination shall not automatically affect any right arising from city approvals on the Project Site prior to, concurrently with, or subsequent to the Effective Date of this Agreement; and provided further, that such termination shall not automatically affect any right the City may have by reason of the Property Ownerfs covenants to dedicate land or -provide public improvements in conjunction with any portion of the Project Site which is under construction at the time of.the termination. 16. Remedies For Default. The Parties agree and recognize that, as a practical matter, it will not be possible physically, financially, and as a matter of land use planning, to restore the Project Site to its prior state once the construction is commenced. Moreover, the Property Owner and Developer have invested a considerable amount of time and financial resources in planning to arrive at the time, location, and intensity of use, improvements, and structure for the development of the Project site. For these reasons, the Parties agree that it will ay not be possible to determine an amount of monetary damages which would adequately compensate the Property Owner or Developer for this work. (a) Between Property:GWner and City. The Property Owner and the City agree that, .except for the City's purchase obligations expressly set forth in this Agreement, monetary damages will may not be an adequate remedy for the Property Owner -If the . City fails to carry out its obligations under this Agreement. The.City and the Property Owner agree that, except as.to the City's rn#mbxrnnmerb e es obligations expressly set forth herein, the Property owner's remedies under this Agreement shall be limited to the right to specifically enforce the terms of this Agreement, and/or to pursue monetary damages in an amount not to exceed five hundred thousand dollars (SSoo,000.00) unions the Property Owner can establish with a preponderance of the evidence that the council of WPX/DCH/AGR245434r -26- REV. 1/24/91 01/25/91 12:09 V9240362700 BW&S LA MAIN 9 — CITY HALL a 029/035. the City in regard to the Cityfs obligations acted_ in an arbitrary and capricious manner and in such event the Property Owner may pursue monetary damages in such amounts as the Property owner can establish as the Property Ownerfs damages. The City's remedies under this Agreement shall also be limited to the right to specifically enforce the terms of this Agreement and/or to pursue monetary damages in an amount not to exceed five hundred thousand dollars ($600,000.00). (b) Between the Developer and the City. The Developer and the City agree that monetary damages will not be an adequate remedy for the Developer if the City fails to carry out its obligations under this Agreement. The City and Developer agree that the Developer's remedies under this Agreement shall be limited to the right to specifically enforce the terms of this Agreement, except that with respect to the Loan, the Developer shall have all rights and remedies under law and equity. The City's remedies under this Agreement shall also be limited to the right to specifically enforce the.terms of this Agreement. (c) Between the Developer and the Property Owner. Nothing in this Section 16 is intended to conflict with the rights, obligations, and remedies of the Developer or the Property owner under the Purchase Agreement and to the extent there is any inconsistency with regard to such rights, obligations, or remedies, the provisions of the Purchase Agreement shall control. 17. Project Approvals Independent. All Project Approvals which may be granted pursuant to this Agreement, and all land use entitlements or approvals generally which have been issued or granted by the City with respect to the Project site, constitute indepandent.actions and approvals by the City. If any provision of this Agreement or the application of any provision of -this Agreement to a particu- lar situation is held by a- court of competent jurisdiction to be invalid or unenforceable, or if this Agreements is terminated.for any reason, then such invalidity, unenforce- ability or termination of this Agreement or any part hereof shall not affect the validity or effectiveness of any such Project Approvals or other land use approvals and entitle- ments. In such cases, such approvals and entitlemants will remain in effect pursuant to their own terms, provisions, and conditions of approval. WPX/DCH/ACR245434r -27- REV. 1/24/91 01/25/91 12:09 '&92362700 BW&S LA MAIN»»» CITY HALL Q030/035 18. Assignment. Prior to completion of the Public Improvements, the rights of the Property Owner under this Agreement may be transferred or assigned in whole or in part upon prior written approval of the City which shall not be unreasonably withhold or delayed. After the Public Improve- ments have been completed, the Property Owner shall be entitled to transfer or assign its rights under this Agreement in whole or in part without the requirement of City Approval. Express assumption of any of the Property Owner0a obligations under this Agreement by any such transferee or assignee shall relieve the Property Owner from such obligation. 19. Notices. All notices under this Agreement shall be in writing and shall be effective when personally delivered or upon receipt after deposit in the united States mail.as registered or certified mail, postage prepaid, return receipt requested, to the following representatives of the Parties at the addresses indicated below: If to City: City of Santa Clarita 23920 Valencia Boulevard Suite 300 Santa Clarita, CA 91355 Attention: City Manager With a copy to: Carl K. Newton, City Attorney c/o Burks, Williams & Sorensen 624 south Grand Avenue 11th Floor Los Angeles, CA 90017 If to Developer: The Price Company c/o Joseph Satz, Esq. 4649 Morena Blvd. San Diego, CA 92117 With a copy res If to Property owner: CP Shopping Center Partners 16480 Ventura Blvd. Encino, CA 91436 Attention: Joel N. Shine With a copy to: Paul, Hastings, Janofsky & Walker 555 So. Flower Street Los Angeles, CA 90017 Attention: M. Guy Maisnik, Esq. WPX/DCH/AGR245434r -28- REV. 1/24/91 01/25/91 12:10 '8`9262700 BW&S LA MAIN w-- CITY HALL rvin Nadler Financial --Advisors Realt 16027 Ventura Boulevard suite c noCA 91436 20. Amendment or Cancellation. Subject to meeting the notice and hearing requirements of Section 65867 of the Government Code, this Agreement may be amended from time to time, or cancelled in whole or in part, by mutual consent of the City and Developer with respect to the Price Club Parcel and the City and the Property Owner with respect to the Commercial Site, or their respective successors in interest in accordance with the provisions of Section 65868 of the Government coda; provided, however, that any.amendment which does not relate to the term, permitted uses, density or intensity of use, height or size of buildings, provisions for reservation and dedication of land, conditions, terms, restrictions and requirements relating to subsequent discretionary actions, or any conditions or covenants relating to the use of the Project Site, shall not require notice or public hearing before the Parties may execute an amendment hereto. 21. Waiver. No waiver of any provision of this Agreement shall be effective unless in writing and signed by a duly authorized representative of the party against whom enforcement of a waiver is sought and referring expressly to this Section. No waiver of any right or remedy in respect of any occurrence or event shall be deemed a waiver of any occurrence or event shall be deemed a waiver of any right or remedy in respect of any other occurrence or event. 22. successors and assigns. The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties, and subsequent owner of all or -any portion of the Project Site and their respective successors and assigns. Any successors in interest to the City shall be subject to the provisions set forth in Sections 65865.4 and 65868.5 of the Government Code. 23, interpretation and Governing state Lay. This Agreement and any dispute arising hereunder shall be governed and interpreted in accordance with the laws of the State of California. This Agreement shall be construed as a whole according to its fair language and common meaning to achieve the objective and purposes of the Parties hereto, and the rule of construction to the effect that ambiguities [a 031/035 WPX/DCH/AGR245434r -29- REV. 1/24/91 01/25/91 12:10 2292362700 BUS LA MAIN w-- CITY HALL 2032/035 are to be resolved against the drafting party shall not be employed in interpreting this Agreement, both Parties having been represented by counsel in the negotiation and Preparation hereof. 24. Constructive Notice and Acceptance. Every person who, now or hereafter, owns or acquires any right, title or interest in or to any portion of the Project Site is, and shall be, conclusively deemed to have consented and agreed to every provision contained herein, whether or not any reference to this Agreement is contained in the instrument by which such person acquired an interest in the Project site, 25. No Third Party Beneficiaries. This Agreement is made and entered into for the sole protection and benefit of the Parties and their successors and assigns. No other person shall have any right of action based upon any provision of this Agreement. 26. Attorneyfs Tees. If either Party commences any action for the interpretation, enforcement, termination, cancellation or rescission hereof, or for specific performance of the breach hereof, the prevailing party shall be entitled to its reasonable attorneys' fees and costs. 27.. Counterparts. This Agreement may be executed in two or more identical counterparts, each of which shall be deemed to be an original and each of.which shall be deemed to be one and the same instrument when each Party signs each such counterparts, 28. Incorporation of Attachments. All attachments to this Agreement, including all Exhibits reference herein, and all subparts thereto, are incorporated herein by this reference. 29. successor Statutes Incorporated. All references to a statute or.ordinance, shall incorporate any, or all, successor statute or ordinance enacted to govern the .activity now governed by the statute or ordinance, noted herein to the extent, however, that incorporation of such successor statute or ordinance does not adversely affect the benefits and protections granted to either the Developer or the Property Owner under this Agreement. 30. Validation. The City agrees to initiate appropriate procedure under Code of Civil Procedure Section 860, at seq. in order to validate this Agreement and the obligations thereunder. WPX/DCH/ACR245434r -30- REV. 1/24/91 01/25/91 12:11 '&921n9362700 BW&S LA MAIN .»»» CITY HALL 033/035 31. Recitals. Each of the recitals stated above are incorporated into this Agreement. 32. Determinations. Whenever in this Agreement the consent or approval of any party to this Agreement is required, such consent or approval shall not be unreasonably withheld or delayed. in addition, unless a contrary standard or right is set forth heroin, whenever any party hereto is granted a right to take action, exercise discre- tion, or make an allocation, judgment or other determina- tion, each party hereto shall act reasonably and.in good faith and take no action which might result in the frustration of the expectations of the other Parties concerning -the benefits to be enjoyed under this Agreement as expressed in this Agreement. IN WITNESS WHEREOF, the Parties have each executed this Agreement of the date first written above. Dated: Dated: Dated: Dated: CITY OF SANTA CLARITA 1990 By Mayor CP SHOPPING CENTER PARTNERS, a California limited partnership By: Name: Title• By: Name: Title: CANYON PARK PRINCESA PARTNERS; a California limited partnership By: Names Title: WPX/DCH/AGR245434r —31— REV. 1/24/91 01/25/91 12:11 Dated: Dated: *&921= 362700 BW&S LA MAIN •--- CITY HALL THE PRICE COMPANY a California corporation By: Name: Title: By: Name: Title: LFet WPX/DCH/ACR245434r —32— REV. 1/24/91 01/25/91 12:12 $9213362700 BW&S LA MAIN �.+» CITY HALL Z 035. (ATTACH INDIVIDUAL ACKNOWLEDGMENTS FOR FEE OWNERS) ATTEST: [INSERT STANDARD CITY CLERK ATTESTATION -FOR THE MAYORIS SIGNATURE.) [ATTACH EXHIBITS A AND B) WPX/DCH/AGR245434r -33- REV.,//24/91 JUN 01 '00 01:59 P. 2/3 31. Aocitals.. Each of the recitals stated above are incorporated into this Agreement. 32. b"Orminations, Whenever in this Agreement the consent or approval of any party to this Agreement is required, such consent or approval shall not be unreasonably Withheld or delayed, In addition, unless a contrary standaheretorisor rlqht granted asset rightftottakeractionhenever anexerciseyparty discree_ tion, or make an allocation, judgment or other.determina- tion, each party hereto shall act reasonably and in good faith and take no action which might result in the frustration of the expectations of the other Parties concerning the benefits to be enjoyed under this Agreement as expressed in this Agreement., IN WITNESS WHEREOF, the Parties have each exeouted this Agreement of the data first written above. CITY of SANTA CLAPITA bated: 1890 sy Mayor CP SHOPPING CENTER.PARTNERS, a California limited partnership Dated: By C^�C� T //+1C , Ct r��•✓ 40#417%rct _yiRaze: -itle• Dated: BL_PeC 3 7 Ge04k4A/ I�',kxVre. Z -F Title:-�15 CANYON PARK PRINCESA PARTNERS, a California limited partnership Datedi�� � / ay; -'O"VC,.I P1nraoA, rayy: i;arae: WPX/DCH/AGR245434r -31- REV. 1/24/91 EXHIBIT A G EXISTING TRAFFIC LAYOUT PA VISTA DEL CA. IN= A l^ a THE PRICE COMPANY Joseph R. Satz Vice President/Counsel (619) 581-4506 February 7, 1991 Mr, M. Guy Maienik PAUL, HASTINGS, CANOFSKX & WALKER 23rd Floor 553 South Flower $trent Los Angeles, CA 90071 YYu�i �7 Dear Guys Pursuant to Doug Holland's request, Ono (S) copies Of the Annexation and public which has been signed by the Price compah The City should date the first page the d Agreement. ; Two (2) signed copies should be returned Agreement has been Signed by all parties.t JRS:kc Enclosures :claritasmai2nik4 �Q ed pre CAIifOrN 3$ a Blvd. Californl 17 �xpreeS� Will rum five ipigns f:)� alter thQ ttI E i t + i WPX/ACN/AGR245434 P�a,,ar Cu•-�w•y Name= Titles tet+. By: Name: Title: -32- yhn ✓r G ��dV 1 4 REV. 02/01/91 dch/NOT648275 100/91 eAAC, p CV1� 'fo, GT Developer: EXHIBIT H PROMISSORY NOTE SALES TAX ALLOCATION The Price Company Project City of Santa Clarita The Price Company Principal Amount: 2,557,436.00 Dated: 1. The City of Santa Clarita, in the County of Los Angeles, State of California (hereinafter the "City"), a public body corporate and politic, duly organized and existing under the laws of the State of California, for value received, promises to pay from the sources and to the extent as hereinafter provided to the order of The Price Company, a California corporation, (hereinafter the "Developer"), or the successors and assigns of this Note, at 4649 Morena Blvd., San Diego, California, 92117 or such other address as may be instituted by the Developer or its successors or assigns, the maximum principal sum of Two Million Five Hundred Fifty -Seven Thousand Four Hundred Thirty -Six Dollars ($2,557,436.00) or such lesser sums as are actually advanced to the City by the Developer pursuant to the Agreement, and in the like manner to pay interest thereon to be computed on each advance from the date of disbursement by the Developer at a rate per annum (computed on the basis of a 365 day year) of ten percent (10%). Accrued unpaid interest shall be compounded annually. The principal and interest of this Note are payable in lawful money of the United States of America, such payments to be made to the Developer or its successors or assigns by check or draft. 2. This Note is issued in connection with the provision of funds to finance certain infrastructure development, all as set forth and described in the Development Agreement, dated as of 19_, by and between the City and.the Developer and CP Shopping Center Partners (the "Agreement"). 3. This Note is issued under and secured by and entitled to the protection of the Agreement, including, but not limited to Sections 10 and 11 of said Agreement. • E 4. The obligations of the City to repay the principal and interest on this Note does not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction. Neither the members of the City nor any persons executing the Note are liable personally on the Note by reason of its execution. 5. The unpaid principal and accrued unpaid interest under this Note may be paid in full, in advance of any payment.date established herein without penalty. Upon such prepayment of .the principal amount and accrued interest in full, the Developer shall surrender the Note at the principal corporate office of the City in Santa Clarita, California, and; notwithstanding any failure to surrender such Note, all obligations and duties of the City shall thereupon cease to exist. 6. For purposes of this Note, the definitionsset forth in Section 1 of the Agreement shall apply to the words and terms herein. Such definitions include the following: (a) "Allocated Tax Revenues" means seventy (700) percent of Sales Tax Revenues generated from the Price Club Parcel. (b) "Debt Service Payment" means each and every payment required to be made by the City under Section 10 of the Agreement in repayment of principal and interest on the City Note. (c) "Loan" means the loan from the Developer to City described in Section 10 by the Agreement. (d) "Loan Period" means a period of thirty (30) Note Years or until the Loan has been paid in full, whichever event occurs first. (e) "Note Year" means (i) the twelve (12) calendar months beginning on the first day that the Price Club is open on the Price Club Parcel for business to the public, and (ii) each twelve (12) calendar months thereafter. If the Price Club opens on a day other than the first day of a calendar month, the first Note Year shall consist of the twelve calendar months beginning with the first calendar month after the date the Price Club opens plus the period from the date of the opening until the first day of the first calendar -month after the opening. -2- (f) "Payment Date" means the last day of each month of each Note Year. (g) "Sales Tax Revenue" for a Note Year shall mean an amount equal to one hundred percent (100%) of that portion of taxes.derived by the City from the imposition of the Bradley -Burns Uniform Local Sales and Use Tax Law, commencing with Revenue and Taxation Code Section 7200, as amended, arising from all businesses and activities conducted on the Price Club Parcel from time to time and which are subject to such Sales and Use Tax.Law. 7. The City shall pay to the order of the Developer the Debt Service Payment on each Payment Date during each Note Year in an amount equal to the total Allocated Sales Tax Revenues for the Note Year as of the Payment Date, less any Debt Service Payment previously paid to the Developer for Note Year. In the event that at the end of any Note Year there are Allocated Sales Tax Revenues due but not yet received by the City from the State of California, then the City shall pay such Allocated Sales Tax Revenues to the Developer upon receipt of the same by the City. Debt Service Payments shall be first credited to the payment of all accrued but unpaid interest and the balance to principal. 8. Debt Service Payments shall be made for a period of thirty (30) years or until accrued interest and principal on this Note are paid in full, whichever occurs first. In the event that Debt Service Payments are insufficient to fully discharge the principal and interest on this Note, the unpaid balance of principal and accrued interest, if any, shall be deemed forgiven. 9. Provided the Developer opens a Price Club for business on the Price Club Parcel, in the event the Developer should permanently cease business operations of the Price Club on the Price Club Parcel within five years after the Developer opens a Price Club.for business on the Price Club Parcel, interest on the Note shall cease to accrue until such date as one or more new commercial businesses commence,business operations on the Price Club Parcel, at which time interest on the Note shall begin to accrue interest. In the event the Developer.should permanently cease business operations of the Price Club on the Price Club Parcel on a date more than five years after the Developer opens a Price Club for business on the Price Club Parcel, interest on the Note shall cease to accrue on the 181st day after such cessation of business operations -3- • 0 until such date as one or more new commercial businesses commence business operations on the Price Club Parcel, at which time interest on the Note shall begin to accrue interest. 10. In the event the City fails to make a Debt Service Payment required under this Note when due, and should such default continue for a period of thirty (30) days after the City receives from the Developer written notice of default, the City shall pay to the Developer a late charge of one (1%) percent of the overdue amount, which late charge shall be due within ten (10) days after the aforementioned thirty (30) day period. 11. Any Debt Service Payment not paid when due as provided herein shall itself bear interest at the rate provided herein until paid. 12. The City shall pay all costs and expenses, including reasonable attorneys' fees incurred in collecting payment on the Note or in enforcing any judgment obtained in any legal process to collect on the Note, whether or not legal action is instituted. 13. It is hereby certified, recited and declared that all acts, conditions and things required to exist, happen, and be performed precedent to and in the execution and delivery of the Agreement and the issuance of this Note do exist, have happened and have been performed in due time, form and manner as required by law. 14. Notice required pursuant to this Note shall be sent to the parties at the following addresses or such other addresses as may be designated in writing pursuant to notice requirements set forth in the Agreement. If to City: City of Santa Clarita 23920 Valencia Boulevard Suite 300 Santa Clarita, CA 91355 Attention: City Manager With a copy to: Carl K. Newton, City Attorney c/o Burke, Williams & Sorensen 624 South Grand Avenue 11th Floor Los Angeles, CA 90017 -4- 0 0 If to Developer: The Price Company c/o Joseph Satz, Esq. 4649 Morena Blvd. San Diego, CA 92117 With a copy to: 15. The obligations of the City herein are binding upon the City's successors and assigns. IN WITNESS WHEREOF, the City of Santa Clarita has caused this Note to be executed in its name by manual signature of'the Mayor and attested by the manual signature of its Secretary and has caused this Note to be dated as of , 1991. CITY OF SANTA CLARITA LZ - Carl Boyer, III Mayor -5- R E C E I V E D FDat:e CITY couNCIL, UtG 3 1 1990 AR, CITY CLERKP D C"YOFsuTACLAMrnNEWHALL 12-27-1990 TO: CITY OF SANTA CLARITA FROM: M. CLERX, HOMEOWNER IN ANDEN DEVELOPMENT 18804 H VISTA DEL CANON NEWHALL CA 91321 REF: APPLICATION VESTING MAP 50151,ANNEX. AND DEV. AGREEMENT 90-2, ANDPREZONE90-010. DEAR MEMBERS OF THE CITY COUNCIL, IN YOV NOTICE OF PUBLIC HEARING THERE IS A STATEMENT WHICH PURPORTS".THAT YOUR ACTION ON THE ABOVE MATTER MAY BE ONLY CHALLENGED IN COURT LATER, PROVIDED WE HAVE INFORMED YOU OF THE OBJECTIONS WE NOW HAVE OR THOSE WE CAN FORESEE WE MAY HAVE IN THE FUTURE. THE LANDINQUESTION IS LOCATED RIGHT IN FRONT OF THE ANDEN CONDOMINIUMS AND A SIZEABLE DISTANCE BELOW THE STREET THAT BORDERS THE ANDEN DEVELOPMENT. PRACTICALLY ALL CONDOMINIUMS WOULD HAVE A VIEW COMPRISED OF THE ROOFTOPS WITH THE AIRCONDITIONING STRUCTURES, THE LOADING DOCKS, THE STORAGE YARDS AND THE GARBAGE DISPOSAL CONTAINERS OF THE PROPOSED COMMERCIAL BUILDINGS. WHO WOULD APPRECIATE A DISGUSTING VIEW LIKE THAT? I AM CERTAIN THE MEMBERS OF THE COMMISSION WOULDN'T! INHERENTLY THE VALUE OF OUR INVESTMENT WILL SUFFER. THE ITEMS 2a,2b,6a,7,8a,1Oa,1Ob,1Od, a"YES" ON 12a,14b,16a,16b AND THE POSITIVE ANSWER ON ALL THREE QUESTIONS OF ITEM 18 IN THE NEGATIVE DECLARATION CONCUR WITH MY OPINION THAT THE PROPOSED PROJECT IN ITS PRESENT FORM COULD HAVE A NEGATIVE IMPACT ON AIR QUALITY, NOISE, HEALTH AND VIEW OF THE NEIGBOURING COMMUNITY TO THE SOUTH. THEREFORE, UNLESS SAFEGUARDS ARE INCORPORATED RIGHT NOW INTO THE PROPOSED ZONING PLANS TO PROTECT THE BORDERING LANDOWNERS FROM ANYTHING THAT WOULD LOWER THE VALUE OF THEIR INVESTMENT IN THEIR PROPERTY OR CAUSES DETERIORATION OF THEIR VIEW I HEREBY REGISTER OBJECTION AGAINST ALLOWING THIS SUBDIVISION AND THE PREZONE OF THE SITE TO C-3. THE PLANNING COMMISSION WAS MADE AWARE OF OUR'CONCERN IN A LETTER DATED 11-22-1990. IN THEIR REPLY THEY PROMISED TO TAKE NOTE OF OUR COMMENTS, _HOWEVER `FROM A TELEPHONE7CONVERSATION �-ON:12--2790 WITH MR::FRED FOLLSTAD_-IT WAS-.OBVIOUS�'NO_DEFENITEnSCREENING■ PROPOSALS -WERE `INCORPORATED"INTO-THE-PL•ANS. JAE_-SAID',=A;MEETIRG_z OF A,P_L'ANNER_WITH=HOHEOWNERS=WOULD=BE=SCHEbb LED: I�f=CASE"I`CANNOT �— AZ,TEND,-I-WANT-THE_COUNCIL=MEMBERS=TO=:BE=AWARE:OF=MYsCONCERNS�AND TAKELTHEM`INTO-'CONSIDERATION. SINCERELY, W.A.1 �A. C c -q— 0 • RESOLUTION NO. P90-57 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF SANTA CLARITA APPROVING TENTATIVE TRACT NAP NO. 50151 AND RECOMMENDING APPROVAL OF PREZONE NO. 90-010 AND ANNEXATION R DEVELOPMENT AGREEMENT 90-02 THE PLANNING COMMISSION OF THE CITY OF SANTA CLARITA DOES HEREBY RESOLVE AS FOLLOVS: SECTION 1. The Planning Commission does hereby find and determine as follows: a. An application for a tentative tract map, development and annexation agreement and prezone were filed with the City of Santa Clarita on August 3, 1990 and September 25, 1990, by First Financial Commercial Properties Inc. ('the applicant'). The property for which these entitlements have been filed is a 56 -acre parcel located on the southern and northern sides of Via Princessa between Sierra Highway and State Route 14. The Draft General Plan category for the site is Community Commercial. The purpose of the tentative tract map application submittal is to create 5 commercial lots for the development of commercial building(s). The purpose of the prezone is to request the City of Santa Clarita zoning of C-3 (Unlimited Commercial) zone prior to annexation to the City. The purpose of the annexation & development agreement is formalize funding for the project. The Assessor's Parcel Numbers for the site are 2842-26-21, 22, 23, 24, 28 and 29. b. The City of Santa Clarita Development Review Committee (DRC) met on October 25, 1990, and supplied the applicant's agent with information relating to this case. C. A duly noticed public hearing was held by the Planning Commission on December 18, 1990 at the City Council Chambers, 23920 Valencia Boulevard, Santa Clarita, at 7:00 p.m. SECTION 2. Based upon the testimony and other evidence received at the public hearing, and upon studies and investigation made by the Planning Commission and on its behalf, the Commission further finds and determines as follows: a. The City of Santa Clarita is proceeding in a timely fashion with the preparation of a general plan. There is a reasonable probability that this project will be consistent with the.general plan proposal currently being considered or studied, that there .is little or no probability of substantial detriment to or interference with the future adopted general plan if the proposed resolution is ultimately inconsistent with that plan, and.that the proposed project complies with all other applicable requirements of state law and local ordinances. RESO P90-57 L] b. The division and development of theproperty in the manner set forth on the subject tract map will not unreasonably interfere with the free and complete exercise of any public entity and/or public utility right-of-way and/or easements within the tract map. C. Approval of this vesting tentative tract map will expire twenty-four (24) months from the date of approval. d. The applicant has submitted a tentative tract map which depicts the area proposed for five commercial lots on 39.28 of parcel within the subject site. e. The design of the subdivision and the type of improvements will not cause serious public health problems, since sewage disposal, storm drainage, fire protection, and geological and soils factors are addressed in the recommended conditions of approval. The discharge of sewage from the subdivision into the public sewer system will not violate the requirements prescribed by the California Regional Water Quality Control Board pursuant to Division 7 (commencing with Section 13000) of the Water Code. f. The subject property is of a size and shape which lends itself to the proposed use. g. The recommended subdivision will not result in a significant environmental effect as identified in the initial study for the project. h. Implementation of this proposal will cause no adverse effects in the environment which cannot be adequately mitigated through the application of available controls. The design of the subdivision and the proposed improvements will not cause substantial environmental damage or substantial and avoidable injury to fish or wild life or their habitat, since the project site is not located in a mapped significant ecological area. i. The design of the.subdivision provides, to the extent feasible, for future passive or natural heating or cooling.opportunities in the subdivision given the size and shape of the.lots and their intended use. J. The proposed subdivision does not contain or front upon any public waterway, river, stream, coastline, shoreline, lake or reservoir. k. Neither the design of the subdivision nor the type of improvements will conflict with public easements for access through the use of property within the proposed subdivision, since the design and development as set forth in the conditions of approval and on the tentative map, provides adequate protection for easements. 1. The subject property is in a proper location for commercial development. RESO P90-57 0 • SECTION 3. The City of Santa Clarita Planning Commission has reviewed and considered the requested prezoning classifications set forth herein and does find and determine as follows: a. That annexation to the City of Santa Clarita requires a revision to the zoning classification, to establish City zoning on the area under consideration, where none existed previously. b. That a need for the proposed zoning classification exists within this area. C. That the particular properties under consideration are in a proper location for said zoning classification. d. That the placement of this zoning classification at this location is in the interest of public health, safety and general welfare, and in conformity with good zoning practice. e. That the proposed prezoning of property from the County of Los Angeles to the City of Santa Clarita is consistent with the City's Draft General Plan designation for the area. SECTION 4. The City of Santa Clarita Planning Commission has reviewed and considered the environmental information contained in the Initial Study, and determines that it is in compliance with CEQA and that the proposed project will not have a significant impact on the environment. A negative declaration was prepared for this project. Based upon the findings stated above, the Planning Commission hereby approves .the negative declaration. SECTION 5. Based upon the foregoing, the Planning Commission hereby approves the application for the tentative tract map subject to following conditions attached hereto as "Exhibit B" and incorporated -herein by reference allowing the creation of 5 commercial lots. SECTION 6. Based upon the foregoing, the Planning Commission hereby recommends approval to the City Council of the request for a prezone from Los Angeles County C-3 (Unlimited Commercial) and GC (General Commercial) to City of Santa Clarita C-3 (Unlimited Commercial) zone classification and approval of the annexation and development agreement. SECTION 7. The Secretary shall certify the adoption of this Resolution and shall transmit a copy to the applicant, the Departments of Public Yorks, Fire, and Parks and Recreation. RESO P90-57 PASSED, APPROVED, AND ADOPTED this 18th day of December 1990. = ��41 1Z -- Jerry Cherrington, Vice Chairman Planning Commission 0 6 0 I hereby certify that the foregoing is a true copy of a Resolution adopted by the Planning Commission of the City of Santa Clarita at a regular meeting thereof, held on the 18th day of December, 1990, by the following vote of the Commission: AYES: Modugno, Garasi, Woodrow, Cherrington NOES: None ABSENT: Brathwaite RESO P90-57 L M. Harris, Director mmunity Development E GENERAL CONDITIONS EXHIBIT B CONDITIONS OF APPROVAL TENTATIVE TRACT MAP 50151 P 1. The approval of the Tentative Tract Map shall expire two years from the date of conditional approval. 2. The subdivider may file for an extension of the conditionally approved map prior to the date of expiration for a period of time not to exceed one year. If such an extension is requested, it must be filed no later than 60 days prior to expiration. 3. The applicant shall be responsible for notifying the Department of Community Development in writing of any change in ownership, designation of a new engineer, or a change in the status of the developer, within 30 days of said change. 4. Unless otherwise apparent from the.context, the term "applicant" shall include the applicant and any other persons, corporation, or other entity making use of this grant. The applicant shall defend, indemnify, and hold harmless the City of Santa Clarita, its agents, officers, and employees form any claim, action, or proceeding against the City or its agents, officers, or employees to attack, set aside, void, or annul the approval of this Subdivision by the City, which action is provided for. in the Government Code Section 66499.37. In the event the City becomes aware of any such claim, action, or proceeding, the City shall promptly notify the applicant, or if the City fails to cooperate fully in the defense, the applicant shall not thereafter be responsible to defend, indemnify, or hold harmless the City. Nothing contained in this Condition prohibits the City from participating in the defense of any claim, action, or proceeding, if both the following occur: 1) the City bears its own attorneys' fees and costs; and 2) the City defends the action in good faith. The applicant shall not be required to pay or perform any settlement unless the entitlement is approved by the applicant. 5. Details shown on the Tentative Tract Map are not necessarily approved. Any details which are inconsistent with requirements of ordinances, general conditions of approval, or City policies must be specifically approved. 6. Easements shall not be granted or recorded within areas proposed to be granted, dedicated, or offered for dedication for public streets or highways, access.rights, building restriction rights, or other easements, until after the Final Map is filed with the County Recorder unless such easements are subordinated to the proposed grant or dedication. If easements are granted after the date of the. tentative approval, a subordination must be executed by the easement holder prior to the filing of the Final Map. 0 0 Conditions of Approval Tract Map No. 50151 7. The'Final.Map shall be prepared by or under the direction of a licensed land surveyor or registered Civil Engineer. 8. The Applicant is hereby advised that this project is subject to fees at the time of building permit issuance which may include, but are not limited to, the following as applicable: 1) Los Angeles County Residential Sewer Connection Fee; 2) Interim Schools Facilities Financing Fee; 3) Installation or Upgrade of Traffic Signals Fees and/or Road Improvement Fees; and 4) Planned Local Drainage Facilities Fee. 9. Upon development, a stop -work order shall be considered in effect upon the discovery of any historic artifacts and/or remains, at which time the City shall be notified. The appliocant shall hire a qualified consultant that the City approves to study the site and recommend a course of action , to the satisfaction of the City. 10. In lieu of establishing the final specific locations of structures on each lot at this time, the owner, at the time of.issuance of a building permit, agrees to develop and property in conformance with the City Code and other appropriate ordinances such as the Building Code, Plumbing Code, Grading Ordinance, Highway Permit Ordinance, Mechanical Code, Zoning Ordinance, Oak Tree Ordinance, Sanitary Sewer and Industrial Waste Ordinance, Electrical Code, and Fire Code. Improvements and other requirements may be imposed pursuant to such codes and ordinances. 11. A Final Tract Map must be processed through the City Engineer prior to being filed with the County Recorder. 12. A grading permit shall be required for any and all.off-site grading to occur for the purpose of this project. PUBLIC WORKS - ENGINEERING Map Requirements 13. The owner, at the time of issuance of permits or other grants of approval agrees to develop the property in accordance with City Codes and other appropriate ordinances such as the Building Code, Plumbing Code, Grading Code, Highway Permit Ordinance, Mechanical Code, Zoning Ordinance, Undergrounding of Utilities Ordinance, Sanitary Sewer and Industrial Waste Ordinance, Electrical Code and Fire Code. 14. The applicant shall note all offers of dedication by certificate on the face of the Final Map. 15. The applicant shall file a'Final Map which shall be prepared by or under the direction of a licensed land surveyor or registered_ Civil Engineer. 16. The applicant shall quitclaim or relocate easements running through proposed structures unless structural provisions are made to the satisfaction of the City with appropriate easements. - 2 - Conditions of Approval Tract Map No. 50151 17. The applicant shall process a Final Map through the City Engineer prior to being filed with the County Recorder. The applicant has the.right-to record individual lots subject to the approval of the Director of Community Development. 18. The applicant shall design intersections with a tangent section from "beginning of curb return: (BCR) to SCR. 19. Where applicable, the applicant shall pay fees for signing and striping of streets as determined by the City Traffic Engineer or shall prepare signing and striping plan for all multi -lane highways within or abutting the subdivision to the satisfaction of the Department. 20. The applicant shall place above -ground utilities including,.but not limited to, fire hydrants, junction boxes and street lights within or adjacent to sidewalk area. 21. The applicant shall provide letter(s) of slope easement(s) and drainage acceptance as directed by the City Engineer or Director of Public Works. 22. Whenever the centerline of the existing pavement does not coincide with the record centerline, the applicant shall provide a new centerline to the satisfaction of the Department of Public Works. 23. The applicant shall design the central angles of the right-of-way radius .returns to differ by not more than 10 degrees on local streets. 24. The applicant shall provide standard property line return radii of 13 feet at all local street intersections, including intersection of local streets with General Plan Highways, and 27 feet where all general_ Plan Highways intersect, or to the satisfaction of the Department. 25. The applicant shall construct drainage improvements and offer easements needed for street drainage or slopes. 26. The applicant shall provide and install street name signs prior to occupancy of building(s). 27. The applicant -shall dedicate the right to restrict vehicular access on Via Princessa to the satisfaction of the Traffic Engineer. 28. The applicant shall construct the following required road improvements: Street R/W Curb & Base & Street Street Name Width Gutter Paving Lights Trees Sidewalk Sierra Hwy.* 126.33 FT X X X X X Via Princessa# 102-110 FT X X X X X * The developer shall improve Sierra Highway only adjacent to Lot 3,•but base paving and median modification may be necessary across the centerline to accommodate the traffic lanes enumerated in the approved traffic report. 6 The lane configuration and left turn pockets shall be as shown in the approved traffic report (TMA). - 3 - • 9 Conditions of Approval Tract Map No. 50151 29. The applicant shall file with the .City Engineer a statement from the water purveyor indicating that the water system will be operated by the` purveyor and that under normal operating conditions, the necessary quantities of water will be available, the system will meet the requirements for the land division, and that water service will be provided to each lot/parcel. 30. The applicant shall serve all lots with adequately sized water system facilities, including fire hydrants, of sufficient size to accommodate the total domestic and fire flows required for the land division. Domestic flows required for the land division are to be determined by the City Engineer or Director of Public Works. Fire flows required are to be determined by the Fire Chief. SEWERS 31. The subdivider shall install and dedicate main line sewers and serve each lot with a separate house lateral or have approved and bonded sewer plans on file with the Department of Public Works. 32. The subdivider shall install separate house laterals to serve each building in the land division. 33. The subdivider shall send a print of the land division map to the County Sanitation District, with the request for annexation. If applicable, such annexation must be assured in writing. 34. The applicant shall pay a deposit as required to review documents and plans for final map clearance in accordance with Section 21.36.010(c) of the Subdivision Ordinance. GRADING. DRAINAGE & GEOLOGY 35. The applicant shall submit a grading plan which must be approved prior to approval of the final map. 36. The applicant shall design grading plan based on a detailed engineering Geotechnical report which must be specifically approved by the geologist and/or soils engineer and show all recommendations submitted by them. It must also agree with the tentative map and conditions as approved by the Advisory Agency. All buttresses over 25 feet high must be accompanied by calculations. 37. The applicant shall eliminate all geologic hazards associated with this proposed development, or delineate a restricted use area approved by the consultant geologist to the satisfaction of the Geology and Soils Section and dedicate to the City the right to prohibit the erection of buildings or other structures within the restricted use areas. - 4 - Conditions of Approval Tract Map No. 50151 38. The applicant shall submit drainage plans and necessary support documents.to comply with the engineering requirements. These must be approved to the satisfaction of the Director of Public Warks prior to filing of the final map. Portions of the property may be subject to sheet overflow and ponding and high velocity scouring action. Portions of the property lying in and adjacent to natural drainage course may be subject to flood hazard because of overflow, inundation, and debris flows. 39. The applicant shall provide drainage facilities to remove the flood hazard and dedicate and show necessary easements and/or rights-of-way on the final map. 40. The applicant shall show on the final map the City's/Flood Control District's right-of-way for storm drain facilities. A permit will be required for any construction affecting the right-of-way of facilities. 41. The applicant shall provide for the proper distribution of drainage. 42. The applicant shall provide for contributory drainage from adjoining properties and return drainage to its natural conditions or secure. off-site drainage acceptance letters from affected property owners. A hydrology study shall be submitted and approved prior to the filing of the final map. 43. The applicant shall submit a detailed engineering Geotechnical.and Soil Report which must be approved prior to approval of the final map. The report, based upon adequate test borings or excavations, shall (1) describe any soil or geologic condition(s) which, if not corrected might lead to structural damage or slope failure, and (2) recommend action likely to prevent structural damage or slope failure. A.soil expansion index test is required and shall be done in accordance with the procedures of UBS Std. No. 29-2. 44. The tentative map shows that proposed slopes will cross lot lines, for, approval of grading plans, the applicant shall adjust these slope lot lines so that lot lines are located at or near the top of the slopes, along drainage terraces, or at similar locations acceptable for establishment of slope maintenance responsibilities. 45. The applicant shall adjust, relocate, and/or eliminate lot lines, lots, streets, easements, grading, geotechnical protective devices, and/or physical improvements to comply with ordinances, policies, and standards in effect at the date the City determined the application to be complete all to the satisfaction of this Department. 46. Prior to final approval, enter into a written agreement with the City of Santa Clarita whereby the subdivider agrees to pay to the City a sum equal to the fee set forth in the development agreement, by and between the City and CP Shopping Center partners and the Price Club as such agreement becomes effective or a sum to be determined by the City - 5 - 0 0 Conditions of Approval Tract Map No. 50151 Council times the factor per development unit for the purpose of contributing to a proposed Bridge and Thoroughfare Benefit District to implement the highway element of the General Plan as a means of mitigating the traffic impact of this and other subdivisions in the area. The form of security for performance of said agreement shall be as approved by the City. The agreement shall include the following provisions: Upon establishment of the District and the area of benefit, the fee.shall be paid to a special Department of Public Works fund. In the event funds are required for work prior to formation of the District, the Director of Public Works may demand a sum of $2,100 (or greater as determined by the City Council), times the factor . per development unit to be credited toward the final fee established under the District. The.subdivider may construct improvements of equivalent value in lieu of paying fees established for the District subject to approval of the Director of Public Works. The Director of Public Works may require the developer to submit a traffic report periodically that addresses traffic congestion and the need to mitigate the problems prior to issuing building permits. Factors for development units are as follows: Development Unit Single Family per unit Townhouse per unit Apartment per unit Commercial per unit Industry per unit The project is in the: [ ] Via Princessa Bridge and Thoroughfare District [ ] Bouquet Canyon Bridge and Thoroughfare District [X] Route 126 Bridge and Thoroughfare District [ ] Valencia City Bridge and Thoroughfare District Factor 1.0 0.8 0.7 5.0 3.0 47. Applicant shall form a Landscape Assessment district to provide for the maintenance of medians and slopes. The Landscape District must be approved by the City Council at the same meeting or prior to approval of the Final Map. 48. Access is required to slopes which are to be maintained by a Landscape Assessment District. 1W -1E i 0 Conditions of Approval Tract Map No. 50151 The design of the landscape plans and irrigation systems (the number of meters and location of the systems within the lot lines); shall lend itself to the method established for maintenance. 49. The applicant is responsible for landscaping the medians. 50. Where there are slopes greater than 5 feet in height.which the Building Code requires to be plants, planting and irrigation plans shall be submitted and approved prior to approval of the grading plans. Irrigation systems shall be designed to provide for proper maintenance of the plants and systems. ADDITIONAL PUBLIC WORKS CONDITIONS 51. The applicant shall relocate existing storm drain facilities and easements to the satisfaction of the City Engineer. 52. The applicant shall record reciprocal access rights across all lots on the final map or by separate documents, except between Lots 2 and.3. 53. The applicant shall install sewers along entire property frontage including Sierra Highway. Sewers must be double lined in Via Princessa, or other installation subject to the approval of the Director of Public Works. 54. The applicant shall have an approved haul route from the City -Engineer and the Community Development Department for offsite transport. Application shows 84,000 yds. of off site transport. 55. All existing Corrugated Metal Pipe crossing Sierra Highway within the limits of this project or part of the outlet system for this project must be concrete lined or replaced. 56. The Geotechnical Report shall address the sulfide/sulfate levels of the soil and shall indicate the areas of the expansive soil. FIRE DEPARTMENT CONDITIONS 57. This property is located within the area described by the Forester and Fire -Warden as Fire Zone 4 and future construction must comply with applicable Code requirements. 58. Provide water mains, fire hydrants, and fire flows as required by the County Forester and Fire Warden for all land shown on the map to be recorded. 59. Provide Fire Department and City -approved street signs, and building address numbers prior to occupancy. - 7 - Conditions of Approval Tract Map No. 50151 60. Fire Department access shall extend to within 150 feet distance -of any portion of structures to be built. 61. Access shall comply with Section 10.207 of the Fire Code which requires all weather access. All weather access may require paving. 62. Where driveways extend further than 300 feet and are of single access design, turnarounds suitable for fire protection _equipment 'use -shall be provided and shown on the final map. Turnarounds shall be designed, constructed and maintained to insure their integrity for Fire Department use. Where topography dictates, turnarounds shall be provided.for driveways which extend over 150 feet. 63. All required fire hydrants shall be installed, tested and accepted prior to construction. Vehicular access must be provided and maintained serviceable throughout construction. 64. The required fire flow for public fire hydrants at this location is 5000 gallons per minute @ 20 psi for a duration of 5 hours, over and above maximum daily domestic demand. 65. Fire Hydrant requirements are as follows: Install 16 Public Fire Hydrants. 66. All hydrants shall measure 6"x4"x2 1/2" brass or bronze, conforming to current AWWA standard C503 or approved equal. All hydrants shall be installed a minimum of 25' from a structure or protected by a.(2) two hour fire wall. Location: As per map on file with this office. 67. All required fire hydrants shall be installed, tested and accepted prior to construction. Vehicular access must be provided and maintained serviceable throughout construction. 68. Additional on-site hydrants may be required during the building permit process. 69. Provide fire flow data once hydrants have been installed. All hydrants shall be installed in conformance with Title 20, L.A. County Government Code or appropriate city regulations. This shall include minimum six-inch diameter mains. Arrangements to meet these requirements must be made with the water purveyor serving the area. 70. The applicant/permittee shall participate in equitably financing fire service facilitiesandapparatus to mitigate the cumulative impact created by the development project. Financing measures may include paying the prevailing established Developer Fee or providing equivalent mitigation in land, a completed fire station and/or specialize apparatus. This fee is not to exceed 19 cents per square foot of building area. - 8 - 0 0 Conditions of Approval Tract Map No. 50151 PARKS AND RECREATION CONDITIONS 71. Street trees shall be provided to the satisfaction of the Parks and Recreation Department. Use trees from the Cities approved Master Street Tree List, which can be obtained from the City Arborist. 72. Provide final landscape and irrigation plans for review and to the satisfaction of the Parks and Recreation Department and Community Development Department. 73. Median landscaping improvements shall be made to the medians adjacent to the tract frontage to the Satisfaction of the Director of Parks and Recreation. 74. Applicant is to incorporate adequate landscape buffers on all roadway or proposed roadway frontage as determined by the Parks and Recreation Department. ' DEPARTMENT OF COMMUNITY DEVELOPMENT 75. This grant shall not be effective for any purpose until the permittee and the owner of the property involved (if other .than the permittee) have filed with the Director of Community Development their affidavit stating that they are aware of, and agree to accept, all of the conditions.of this grant. 76. All requirements of the Zoning Ordinance and of the specific zoning of subject property must be complied with unless set forth in the permit and/or as shown on the approved plot plan. 77. The property shall be developed and maintained in substantial conformance with the tentative map. 78. Three copies of a landscape plan shall be submitted to, and approved by, the Director of Community Development and the Director of Parks and Recreation prior to the issuance of building permits. The landscape plan shall show size, type, location of all plants, trees, and water facilities. 79. The applicant shall obtain the proper zoning for the site prior to the recordation of the map. 80. The property shall be annexed and prezoned to the City of Santa Clarita prior to recordation of the map. 81. The applicant shall submit architectural plans to the Director of Community Development for approval. These plans shall include a materials board depicting the color and types of building materials and a signage program for all portions of this subdivision. • Conditions of Approval Tract Map No. 50151 TRAFFIC DEPARTMENT 82. The following traffic improvements shall be completed prior to the occupancy of the Canyon Park commercial center or any of its components: Widening on Sierra Highway either side of Via Princessa to achieve operational lane configurations as shown: Southbound - One right turn, three through and two left turns. Northbound - One right turn, two through and one left turn. Widening on Via Princessa between Sierra Highway and the easterly project limits as shown: Eastbound - Two through lanes.with left turn lanes at Parcel 13, at Price Club - west, at Price Club - center and at parcel 13 - east. The left turns at Price Club - west and Parcel 63 - east shall be limited to left turns eastbound to northbound only without provisions for west bound left turns or left turn egress from the property on either side. Westbound - Two through lanes with left turn lanes.at Parcel 4 - east at Parcel 4 - west (Price Club -center) and at Vista Del Canon. The left turn -lane at Parcel 4 - east shall be limited to westbound left turns only. All other possible ingress and egress at that point shall be limited to right turns and controlled by the median configuration. 83. The applicant shall install traffic signals at the main Price Club entrance and at Sierra Highway and Via.Princessa. The signals at Sierra Highway and Via Princessa and Via Princessa at the Price Club entrance shall be operational when the Price Club is opened. 84. The applicant shall pay 501 of the cost to install traffic signals at the intersection of Via Princessa and Vista Del Canon and along Sierra Highway between Via Princessa and Vista Del Canon. These signals are to be installed upon approval of the Director of Public Works. 85. The applicant shall pay 50% of the cost to install cul-de-sacs on Vista Del Canon south of the intersection of Via Princessa and on Vista Del Canon east of Sierra Highway. These shall be constructed to the satisfaction of the Director of Public Works. If the applicant is unable to obtain permission to construct the cul-de-sacs, the applicant will work with the City to make Vista Del Canon a public street. 86. The applicant shall modify the medians and driveway accesses on Via Princessa, Sierra Highway and Vista Del Canon to allow for the new traffic -design. These modifications are subject to the approval of the Directors of Public Works and Community Development. FLF:211 !'W11M Pece, Vea co �tC J c NEWHALL 11-22-1990 TC' CITY OF SANTA CLARITA ca,nn; W.A. 3 M. CLERX, HOME::WNER IN ANDEN DEVELOPMENT V:STA 0EL CANON NEWHALL CA 91321 'c`- FPLI_AT:ON V=CTI."JG MAP 50151 „-'.NN AND DEJ ,A3PEEMEN7 9r:-2, AND PREZONE 90-C10. PLANNING COMMISSION, :`i YOU= ^JOT ICE 'OF PUBLIC HEARING THERE IS A STATEMENT n�ICH PURPORTS THAT YOUR ACTION ON THE ABOVE MATTER MAY BE ONLY IN COURT LATER, PR'CVIDED WE HAVE INFORMED YOU OF THE O3JE�TIO^JS WE N -CW HAVE OR THOSE WE CAN FORESEE WE MAY HAVE :N THS FUTURE. TUC LAND IN :QUESTION IS LOCATED RIGHT IN FRONT OF THE ANDEN CONDOMINIUMS AND A SIZEABLE DISTANCE BELOW THE STREET THAT BOPDERS THE ANDEN DEVELOPMENT. PRACTICALLY ALL CONDOMINIUMS WOULD HAVE .A VIEW COMPRISED OF THE ROOFTOPS WITH THE AT_RCONDITIONING STRUCTURES, .THE LOADING DOCKS, THE. STORAGE YARDS AND THE GARBAGE DISPOSAL -ONTAINERS OF THE PROPOSED COMMERCIAL BUILDINGS. WOULD APPRECIATE A DISGUSTING VIEW LIKE THAT? WE ARE CERTAIN *MEMBERS OF THE COMMISSLON WOULDN'T! INHERENTLY THE VALUE OF 4 INVESTMENT WILL SUFFER. THE ITEMS 2a,2b,6a,7.8a,10a,10b,10d, a"YES" ON 12a,14a 16a,16b AND THE POSITIVE ANSWER ON ALL THREE :UEST:ONS OF ITEM 18 IN THE NEGATIVE DECLARATION CONCUR WITH OUR )PI"iION THAT THE PROPOSED PROJECT IN ITS PRESENT FORM COULD HAVE A NEGATIVE IMPACT ON AIR QUALITY, NOISE, .HEALTH AND VIEW OF THE NEIGBOURING COMMUNITY TO THE SOUTH. THEREFORE, UNLESSSAFEGUARDSARE INCORPORATED RIGHT NOW INTO THE PROPOSED ZONING PLANS TO PROTECT THE BORDERING LANDOWNERS FROM ANYTHING THAT WOULD LOWER-T.HE,,.VALUE OF THEIR INVESTMENT IN THEIR PROPERTY OR CAUSES:_DETERI0XiiON OF THEIR VIEW WE HEREBY REGISTER OBJECTION AGAINST -ALLOWING".. SUBDIVISION AND THE PREZONE OF THE SITE TO C-3. SINCERELY P.S. FOR DISCUSSION WE WOULD PUT FORWARD THAT ANY BUILDING PERMIT CHE SITE'IN FRONT OF THE ANDEN DEVELOPMENT WOULD ALSO BE S JECT TO APPROVAL OF THE HOMEOWNERS ASSOCIATION OF THAT / �o DEVELOPMENT [WITH NOT ANDEN CO. BUT ONLY HOMEOWNERS HAVING A VOTE IN THAT DECISION]. CITY OF SANTA CLARITA N E G A T I V E D E C L A R A T I O N CERTIFICATION DATE: APPLICANT: First Financial Commercial Pronerties, Price Club TYPE OF PERIfIT: Tentative Tract Mao, Prezone Annexation/Development Agreement FILE NO.: TTM 50151. D/A Agreement 90-02 and PZ 90-010 Project Locations North and south of Via Princessa, between Sierra Hwv and State Highway 14, adjacent to future State Highway 126. Project Description and Setting: Subdivision and grading of 56 acres for the construction of approximately 410 000 souare feet of commercial retail space to include a 113.000 square foot 'membership warehouse*. ..................................................................... [ ] City Council It is the opinion of [ ] Planning Commission [X] Director of Community Development upon review that the project will not have a significant effect upon the environment. Mitigation measures, [ ] are attached Form completed by: Fred Follstad. Assistant Planner II (Name and Title) Date of Public Notices November 13. 1990 [X] Legal advertisement. [X] Posting of properties. [X] Vritten notice. `Ap ENVIRONMENTAL ASSESSH ENT (Initial Study Form B) »s M! CITY OF SANTA CLARITA. A/D Agreement 90-02:^ Plot Plan 90-098 4 Plot Plan 90-099, ... TTH 50151 (. CASE NO. PZ 90-010 Prepared by: Fred Follstad ., Project Location: North and south of Via Princessa: betveen Sierra Hvv and State Highway 14, adjacent to future State Highvav 126. Project Description and Setting: _Subdivision and grading of 56 acres for the construction of approximately 410.000 square feet of commercial retail space to include a 113.000 square foot "membership warehouse". General Plan Designation "C" (Commercial) and 6SP-1" (Specific Plan) Zoning: "C-31 (Unlimited Commercial) and 'General Commercial" Applicant: First Financial Commercial Properties. Price Club Environmental Constraint Areas: Fire Zone 4. 60 CNEL Zone A. ENVIRONMENTAL EFFECTS 0 YES MAYBE NO 1. Earth. Will the proposal result in: a. Unstable earth conditions or in changes in geologic substructures? .................. [ J [ l [X] b. Disruptions, displacements, compaction or overcovering of the soil? [X] [ l [ ] C. Change in topography or ground surface relief features? ........................... [XI [ l [ l d. The destruction, -covering or modification of any unique -:geologic or physical features? [ l [ l [Xl e. Any, increase -in wind or water erosion of soils;.either od or off the site? .......... [ ] [ l [XJ f. Exposure of people or property to geologic hazards such as earthquakes, landslides, mudslides, ground failure, or similar hazards? ................................... [XJ [ l [ l g. Changes in deposition, erosion or issiltation? ................................. [ ] [ l [Xl h. Other modification of a wash, channel, creek, or river? ........................... [ ] [ l [XI f r,>.3 0 c� - 2 - (1 3. Vater. Vill the proposal result in: a. Changes in absorption rates, drainage patterns, or the rate and amount of surface runoff? ............................ [X] I ] I ] b. Alterations to the course or flow of flood waters? .............................. [ l C. Change in the amount of surface water in any..vater body? .......................... [ ] d. Discharge into aurface waters, or in any alteration of -,surface water quality, in- cluding but`notlimited to temperature, dissolved oxygen or turbidity? ............. ( J e.' Alteration of the direction or rate of flow of ground waters? ..................... ( ] f. Change in the quantity of ground waters, either through direct additions or with- drawals, or through interception of an aquifer by cuts or excavations? [ ] g. Substantial reduction in the amount of water otherwise available for public water supplies? ............................ [ ] "� YES MAYBE NO i. Earth movement (cut and/or fill) of 10,000 cubic yards or more? ....................... [X] [ ] [ ] j. Development and/or grading on a slope greater than 25Z natural grade? ............ [ ] [ ] [XJ k. Development within the Alquist-Priolo Special Studies Zone? ...................... [ ] [ ] [X] 1. Other? ( ] [ ] [ ] 2. Air. Vill the proposal result in: a. Substantial air emissions or deterioration of ambient air quality? .................... [XJ [ ] [ ] b. The creation of objectionable odors? ....... [X] ( ] I ] C. Alteration of air movement, moisture, or temperature, or any change in climate, either locally or regionally? .............. ( ] [ ] [X] d. Development within a high wind hazard area? ...................................... [ ] I ] IXJ e. Other? [ ] [ J [ ] 3. Vater. Vill the proposal result in: a. Changes in absorption rates, drainage patterns, or the rate and amount of surface runoff? ............................ [X] I ] I ] b. Alterations to the course or flow of flood waters? .............................. [ l C. Change in the amount of surface water in any..vater body? .......................... [ ] d. Discharge into aurface waters, or in any alteration of -,surface water quality, in- cluding but`notlimited to temperature, dissolved oxygen or turbidity? ............. ( J e.' Alteration of the direction or rate of flow of ground waters? ..................... ( ] f. Change in the quantity of ground waters, either through direct additions or with- drawals, or through interception of an aquifer by cuts or excavations? [ ] g. Substantial reduction in the amount of water otherwise available for public water supplies? ............................ [ ] "� 61 6 - 3 - YES MAYBE NO h. Exposure of people or property to water related hazards such as flooding? .......... [ ] [ l [X] i. Other? Development within 50 yr floodplain [ ] [ l [X] 4. Plant Life. Will the proposal result in: a. Change in the diversity of species or number of any species of plants (including trees, shrubs, grasses, crops; and microflora)? [X] ( ] [ ] b. Reduction of the numbers of any unique, rare or endangered species of plants? ...... [ j [ ] [X] C. Introduction of new species of plants into an area, or in a barrier to the normal re- plenishment of existing species? ........... [XJ [ ] [ j d. Reduction in acreage of any agricultural crop? .......... ............................ [ l [ ] [Xl 5. Animal Life. Will the proposal result in: a. Change in the diversity -of species, or numbers:of any species of animals (birds, land animals including reptiles, fish and insects or microfauna)? .................:.. [X] [ ] [ ] b. Reduction of the numbers of any unique, rare or endangered species of animals? ..... [ J ( ] [X] C. Introduction of new species of animals . into an area, or result in a barrier to the migration or movement of animals? ...... [ ] [ ] [X] d. Deterioration to existing fish or wildlife habitat and/or migratory routes? ........... [ ] [ ] [X] 6. Noise. Will the proposal result in: a. Increases in existing noise levels? ........ [X] [ l [ ] b. Exposure of people to severe or unacceptable noise levels? .................. [ ] [ J [X] C. Exposure of people to,severe vibrations? ... [ ] [ l [XJ 7. Light and Glare. Will the proposal produce substantial new light or glare? .................. [X] [ ] [ ] 8. Land Use. Will the proposal result in: a. Substantial alteration of the present land use of an area?. ..........:............ [Xl [ l • [ ] b. A substantial alteration of the planned land use of an area? ............... [ ] [ l [X] :0 11 _Xe - 4 - YES MAYBE NO C. A use that does not adhere to existing zoning laws? ............................... I 1 [ ] [X] d. A use that does not adhere to established development criteria? ...................... [ ) [.I (X] 9. Natural Resources. Vill the proposal result in: a. Increase in the rate of use of any natural resources? .................................. [ 1 I ] [X] b. Substantial depletion of any nonrenewable natural resources? ......................... I 1 I 1 1X1 10. Risk of Upset/Man-!Sade Hazards. Vill the proposal: a. Involve a risk of an explosion or the release of hazardous substances (including, but not limited to, oil, pesticides, chemicals or radiation) in the event of an accident or upset conditions? .......................... [X] ( ) I ] b. Use, store, transport or dispose of hazard- ous or toxic materials (including, but not limited to, oil. pesticides, chemicals or radiation)? [X] C. Possible interference with an emergency response plan or an emergency evacuation plan? ...................................... I ] [ ] [Xl d. Otherwise expose people to potential safety hazards? ................................... [X] I ] I l 11. Population. Will the proposal: a. Alter the location, distribution, .density, or growth rate of the human population of'an'area? ..................... [ ] [ ] 1Xl b. Other? [ ] [ l [X] _~ 12. Houaing.-:Villathe proposal: a. Remove or otherwise affect existing housing, or create a demand for additional housing? ........................ [ l [ ] [X] b. Other? [ ] [ ] I ] 13. Transportation/Circulation. Will the proposal result in: a. Generation of substantial additional vehicular movement? .......................... [X] [ ] [ J _Xe - 5 - YES MAYBE NO b. Effects on existing parking.facilities. or demand for new parking? ................. [X] [ ] [ ] C. Substantial impact upon existing transportation systems, including public transportation? ............................ (X] [ 1 [ l d. Alterations to present patterns of circulation or movement of people and/or goods? ............................. (X) I I ( ] e. Increase in traffic hazards to motor vehicles, bicyclists or pedestrians? ....... [ ] [ ] (XI ` f. A disjointed pattern of roadway improvements? .............................. ( ] ( I (XI 14. Public Services. Will the proposal have an effect upon, or result in a.need for new or altered govern- mental services in any of the following areas: a. Fire protection? ........................... [ ] [ ] [X] b. Police protection? ......................... [ ] ( I (XI' Schools? C.* ................................... [ ] ( I (XI d. Parks or other recreational facilities? .... ( ] ( I (X] e. Maintenance of public facilities, including roads? ........................... ( ] ( I (XI f. Other governmental services? ............... [ ] ( ] [XI 15. Energy. Will the proposal result in? a. use of substantial amounts of fuel or energy. .................................... [XI [ I I I b. Substantial increase in demand upon existing sources -of energy, or require the development of new sources of energy? [ ] [ I [XI 16. Utilities. Will the proposal result.in a need, for new systems, or substantial alterations to the following utilities: a. Power or natural gas? ...................... (X) I I [ I b. Communications systems? .................... [ I I I (XI C. Water systems? ............................. ( I I ] [XI d. Sanitary sewer systems? .................... [ I ( 1 (XI e. Storm drainage systems? ..................... I I ( I [X1 4 %'-�' 8' g'. YES MAYBE NO f. Solid waste and disposal systems? ........ [ ] [ ] [XJ g. Vill the proposal result in a disjointed or inefficient pattern of delivery system improvements for any of.the above? ......... [ J [ ] [X] 17. Human Health. Will the proposal result in: a. Creation of any health hazard or potential health hazard (excluding mental health)? ... ( ] [ ] [X] b. Exposure of people to potential health hazards? ................................... I ] [ ] [X] 18. Aesthetics. Vill the proposal result in: a. The obstruction of any scenic vista or view open to the public? ................... [X] I J I ] b. Will the proposal result in the creation of an aesthetically offensive site open to public view? ....................... [X] [ ] I ] C. Will the visual impact of the proposal• be detrimental to.the,surrounding area? .... [X] [ J [ J 19. Recreation. Will the proposal result in an impact upon the quality or quantity of existing recreational opportunities? ..................... [ ] [ ] [X] 20. Cultural Resources. a. Will the proposal result in the alteration of or the destruction of a prehistoric or. historic archaeological site? .............. [ ] [ ] [X] b. Will the proposal result in adverse physical or aesthetic effects to a prehistoric or historic -building, structure, or object? ... [ ] [ ] [X] C. Does "the'.',propos.al have the potential to cause -a physical`._ change which would affect unique+.ethnic cultural values? ............. ( ] ( ] [X] d. Vill the proposal restrict existing religious or sacred uses within the potential impact areal ..................... [ J ( ] [X] %'-�' 8' Discussion of Impacts and Mitigation Measures. Section Subsection, Evaluation of Impact (source) l.a. Development of the site will not result in unstable earth conditions or changes in geologic substructure. The applicant has submitted a report prepared by a licensed sails engineer which states that.sails on the subject property are capable of supporting the proposed project (Public Works). l.b. The project will result in soil surface disruption, overcovering, and soil compaction. Grading will occur.on approximately 751 of the site; the remainder of site will be left in a natural condition. Proposed grading consists of approximately 384,000 cubic yards of cut and fill, with approximately 84,000 cubic yards to be exported to a suitable location offsite. A grading concept will be reviewed by, and be to the satisfaction of, the City's Public Works Department. No significant impacts are anticipated (Public Works). l.c. A portion of the site was previously graded.by the Anden Group into a pad and Caltrans graded on another protion of the site for freeway construction. The additional grading will be needed to accommodate this specific project (Community Development). l.d. No unique geological features are found on the site (Community Development). l.e. The applicant will be required to comply with all City Codes regulating soil erosion during construction, and no significant impact is anticipated (Community Development). l.f. The property is located within a severe intensity seismic hazard area (Seismic Zone 1 per the Los Angeles County Santa Clarita Areavide General Plan). The soils report identified no other imminent geological hazard. Current UBC construction standards will reduce the potential hazard to a level of insignificance (Public Works). l.g. The subject project will not cause changes in deposition, erosion, or siltation "(Community Development). l.h. The subject project will not cause any modifications of a wash, channel, creek; -or river as none exist on the site (Community Development)'x >. l.i. See l.b. l.j. The applicant is proposing some grading within slopes over 251 to accomodate the project. Grading has occurred to adjacent to the site. With the implementation of slope plantings, this will be reduced to a level of insignificance (Community Development). l.k. The project site is not within the Alquist-Priolo Special Studies Zone (Community Development). ! —D / 2.a. Short term impacts to air quality due to construction activities are anticipated to occur including dust and diesel fumes, however, these are likely to cease -when construction is completed. There are long term impacts associated with the development of this site. The site will generate 26,800 Average Daily Trips, but a number of these trips will either be bypass traffic from the Antelope Valley Freeway or local traffic that would commute elsewhere for the proposed uses supplied by this project. Local air quality may decrease, but regional air quality will increase, therefore, no significant impact is anticipated (Community Development). 2.b See 2.a. 2.c. This project is not of the scale or type that could affect the or alter air movement, moisture, temperature or climate (Community Development). 2.d. The site is not in a known wind hazard area (Community Development). 3.a. Prior to project construction the applicant will be required to submit a conceptual drainage plan for review and approval by the City's Public Vorks Department. The offsite drainage will be conveyed to existing storm drain infrastructure in Via Princessa (Community Development). 3.b. The site does not lie within an identified flood hazard area (Community Development). 3.c,d. There are no surface waters or any water bodies near the project site (Community Development). 3.e,f. The applicant's soils report and Initial Study (Form A) did not indicate a shallow groundwater table. No excavation or water extraction is planned for the site that might cause local changes in the groundwater level, or in groundwater movement. No impacts to groundwater flow or quantity are anticipated to occur (Community Development). 3.g. The applicant is to connect to existing 14 inch water line in Via Princessa.(Community Development). 3.h. The'siteAs'located within Zone C (Flood Insurance Rate Map produced by the"Federal Emergency Management Agency); this does not designate the site as a Flood Hazard Area. 4. a, b. The existing plant habitat has been severely disturbed by previous grading activities on the project site by the previous owners. No oak trees exist on the site or will be affected by this project. The site has not been identified as a sensitive area for any rare or endangered plant species (Community Development). 4.c. The applicant will be incorporating ornamentals plants and other landscaping into the proposed project. No significant impact is f r3o anticipated (Community Development). 0 4.d. The site is not under nor designated for agricultural uses (Community Development). 5.a -d The existing animal community has been severely disturbed by previous grading activities. The site and the surrounding vicinity are not identified as within a significant wildlife use area (Community Development). 6.a,b The site has not been identified as having the potential for having long term noise impacts. Short term noise impacts may occur during the construction phase of.the project. City codes regulate this issue in terms of days and times permitted -for construction and the severity of the noise. This impact is not anticipated to be significant (Community Development). 6.a -c. This project may expose people to vibrations during certain construction activities. Due to the localized activities and being short term in nature, no significant impacts are anticipated (Community Development). 7 This project will introduce a new source of light and glare to that area. The applicant will be conditioned to submit a lighting plan in conjunction with a landscape plan, both requiring approval from the Community Development Department. Due to the urbanizing character of the area this impact is not anticipated to be significant (Community Development). 8.a -d. The project site is presently bounded by State Route 14 proposed State Route 126, single-family homes, and condominiums under construction. The site is zoned C-3 and G -C which are commercial zoning designations. The General Plan designates the site as Commercial (Los Angeles County Santa Clarita Valley Areawide General Plan) and Business Park by the proposed City of Santa Clarita General Plan. The proposed use conforms to all regulations required by the above designations (Community Development). 9.a.b. This project is not of the size.or type to affect an increase in the rate of use of any natural resources or nonrenewable natural resources (Community Development). 10.a -d. This project may cause limited, short term exposure to various hazardous materials during theconstruction phase. These impacts would ceaseupon completion of construction. Compliance with all City"Cades with respect to construction procedures and the use of hazardous materials and equipment will be enforced by the Building and Safety Department (Community Development). ll.a. While the project will result in the creation of a substantial number of new jobs in the area, this number is not of the size to have a significant impact on population (Community Development). 12.a. Thio project is not of the size or scope to affect existing housing, or create a demand for additional housing. No significant impact is anticipated (Community Development). /-3I 13.a,c,d. The Public Works Department/Traffic Division has determined that the project will create approximately 26,800 trips per day, based on the rate of 50 trips per 1,000 square feet of commercial use (Institute of Transportation Engineers 4th Edition). A Traffic Study was prepared for the project stating the existing conditions and recommendations for improvements. The project will construct full width improvements on Sierra Highway and Via Princessa and signalize that intersection. The intersection of Sierra Highway and Soledad Canyon Road is currentely operating at an impacted level, and the construction of this project will increase the amount of traffic minimally. The County of Los Angeles is currently constructing the Via Princessa/Vhites Canyon Road extension. Upon completion, this extension will reduce the amount of traffic through the Sierra/Soledad intersection. The expected completion date is January, 1993. The site will be adjacent to the proposed 'Red Line' public bus route, which will be on line in July, 1991. Recommendations contained in the Traffic Study shall be incorporated into the project's conditions for approval. (Community Development). 13.b. The proposed project shall be in conformance with the City of Santa Clarita parking ordinance. The applicant's Initial Study (Form A) indicates the provision of 1,618 parking spaces. The final design of the project may require a modification of this number. on-site circulation has been reviewed and is to the satisfaction of the Public Works Department/Traffic Division. No impact is anticipated (Community Development). 13.e. All potential traffic and pedestrian conflict points shall be signalized, striped or otherwise marked to the satisfaction of the City's Traffic Engineer. No impact is anticipated (Community Development) 13.f. Project will front on an existing roadway (Via Princessa), and will provide needed infrastructure improvements to the existing street system (Community Development). 14.a. The nearest existing fire station is located three miles from the site. All proposed construction will comply with existing applicable.fire codes (L.A. County Fire Department). 14.b. The Los Angeles•County Sheriff's Department has indicated that the proposed project will not adversely impact existing service levels. The Sheriffs' Department will evaluate the required lighting plan to insure it is in conformance vith Department standards for security and safety (L.A. County Sheriff). 14.c. This project is not of the type or nature to affect -school population (Community Development). 14.d. As a condition of approval, the developer is required to provide street trees, and a landscape plan to the Aja' satisfaction of the Community Development Department and the Parks and Recreation Department (Parks and Recreation). 9 0 (i 0 14.e. An incremental increase in the need.for road maintenance will occur as a result of project construction. No significant impact is anticipated (Community Development) 14.f. No significant increases on City services are anticipated (Community Development). 15.a,b. No significant increase in the demand for existing energy resources are anticipated (Community Development). 16.a The applicant shall be required to relocate a 32 -inch high pressure natural gas line which traverses the site. Permitting and relocation monitoring activities shall be monitored by the Southern California Gas Company and the Department of Public Yorks. No significant impacts are anticipated (Community Development). 16.b -g All major utilities are located adjacent to the site. The applicant shall be required to extend all utilities located next to the site to the proposed buildings (Community Development). 17.a,b. The creation of a health hazard is not anticipated with this project (Community Development). 18.a -c. The project will be visible from State Route 14 and proposed. State Route 126, and from existing and proposed residences to the south. The applicant will be required to submit a sign program, elevations and landscape plans to the satisfaction of the Director of Community Development. Such plans shall specifically address architectural design of the proposed structures and provide for architectural relief and screening of aesthetically offensive views from public rights-of-way. No significant impact is anticipated (Community Development). 19. See 14.d. 20.a. No known archaeological resources have been identified, or are expected to occur, on the site (ESRI). 20.b,c, No;knovn.cultrital resources have been identified, or are expected to,occur, on the site (Community d. Development). C. MANDATORY FINDINGS OF SIGNIFICANCE Section 15065 of the California Environmental Quality Act states, in part, that if any of the following can be answered yes or maybe, the project may have a significant effect on the environment and an Environmental Impact Report shall be prepared. YES MAYBE NO 1. Does the project have the potential to degrade the quality of the environment, substantially reduce the habitat of a fish or wildlife species, cause a fish or wildlife population to drop below self sus- taining levels, threaten to eliminate a plant or animal community, reduce the number or restrict.the range of a rare or endangered plant or animal or eliminate important examples of the major periods of California history or prehistory? ................. [ J [ ] [XJ 2. Does the project have the potential to achieve short-term, to the disadvantage of long-term, environmental goals? (A short-term impact on the environment is one which occurs in a relatively brief, definitive period of time while long-term impacts will endure well into the future.) ........... [ ] [ ] [X] 3. Does the project have impacts which are individually limited but cumulatively considerable? (A project may impact on two or more separate resources where the impact on each resource is relatively small, but where the effect of the total of those impacts on the environment is significant.) .. ( J [ ] [XJ 4. Does the project have environmental effects which will cause substantial adverse effects on human beings, either directly or indirectly .......... ( ] ( ] [X] D. DETERMINATION On the basis of this Initial Study, it is determined that: The proposed project COULD NOT have a significant effect on the environment, and a NEGATIVE DECLARATION ❑ILL BE PREPARED. .......................... [ J Although the proposed'. -project COULD have a significant effect on the environment -;":there WILL NOT be a significant effeci"Aniethis`case because the mitigation measures described in this Initial Study have been added to the project. A NEGATIVE DECLARATION WILL BE PREPARED ..................................... [X] The proposed project MAY have a significant effect on the environment, and an ENVIRONMENTAL IMPACT REPORT is required . ......................................... [ ] 1-3q - 10 - LYNN M. HARRIS DIRECTOR OF COMMUNITY DEVELOPMENT CITY OF SANTA CLARITA, CALIFORNIA Prep re Fred Follstad. Assistant Planner II_ 11/3/90 ( ig ture) (Name/Title) (Date) ApprovedEa I. By: A. Rich Henderson, Principal Planner 11/9/90 (Signature) (Name/Title) (Date) 0