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HomeMy WebLinkAbout2000-03-28 - AGENDA REPORTS - NORTH VALENCIA 2 SP DEVAGMT (2)AGENDA REPORT City Manager Approval: PUBLIC HEARING Item to be presented by: Vince Bertoni DATE: March 28, 2000 SUBJECT: NORTH VALENCIA NO. 2 SPECIFIC PLAN DEVELOPMENT AGREEMENT DEPARTMENT: Planning and Building Services RECOMMENDED ACTION City Council take the following actions: 1. Receive Development Agreement presentation from staff. 2. Open the public hearing. 3. Receive public testimony. 4. Review and discuss the Development Agreement for the North Valencia No. 2 Specific Plan and entitlements. 5. Close the public hearing and conduct the first reading of an ordinance entitled "An Ordinance of the City of Santa Clarita Approving Annexation and Development Agreement 98-001 (Master Case No. 98-183) to Allow for the 15 -Year Development of a 596.2 -Acre Property Known as the "North Valencia No. 2 Specific Plan Area" Encompassing the 576.2 -Acre North Valencia 2 Annexation Area in the Unincorporated Area of Los Angeles County Adjacent to the City of Santa Clarita." BACKGROUND The public hearing on this item was continued from the February 8, 2000, February 22, 2000 and March 14, 2000 Council meetings. The North Valencia No. 2 Specific Plan area is located on approximately 596.2 acres north of Newhall Ranch Road, west of McBean Parkway and generally south and east of Copper Hill Drive and south of Decoro Road. At the meeting of January 11, 2000, the City Council reviewed and made recommendations concerning the deal points for the North Valencia No. 2 Specific Plan Development Agreement. The Council directed staff to prepare the Development Agreement and approval ordinance and to schedule a public hearing to consider adoption of this agreement at this meeting. The environmental impact report for this requested action was certified on January 11, 2000. Other entitlements associated with the North Valencia No. 2 Specific Plan project approved by Council at the January 11, 2000 meeting include: General Plan amendment to designate the property for a Specific Plan land use, a General Plan amendment to allow a specific plan to modify highway mn � sections vesting tentative tract maps, conditional use permit, oak tree permit and hillside review permit. Council adopted the prezone to Specific Plan (SP) zone and the North Valencia No. 2 Specific Plan document on January 25, 2000. FISCAL IMPACT A fiscal impact analysis has been prepared for the North Valencia 2 annexation. The fiscal impact analysis shows that the North Valencia 2 annexation would be marginally positive for the City following a five-year project build out. ATTACHMENTS Annexation and Development Agreement Ordinance S:\pbs\advance\nva2\w2arMoc