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HomeMy WebLinkAbout2001-09-25 - AGENDA REPORTS - PORTA BELLA DEV AGMT (2)CITY OF SANTA CLARITA AGENDA REPORT City Manager Approva Item to be presented by: Jeffrey _ v Lambert CONSENT CALENDAR DATE: September 25, 2001 SUBJECT: AUTHORIZATION OF STAFF TO CONDUCT REVIEW OF SANTA CLARITA LLC'S COMPLIANCE WITH THE PORTA BELLA DEVELOPMENT AGREEMENT, PER SECTION 6.b.i OF THE DEVELOPMENT AGREEMENT DEPARTMENT: Department of Planning and Building Services RECOMMENDED ACTION City Council authorize staff to conduct a review of Santa Clarita LLC's good faith compliance with the Porta Bella Development Agreement, per the terms established in Section 6.b.i (Annual Review) of the Development Agreement By and Between the City of Santa Clarita and Whittaker Porta Bella, Inc., approved by the Council on February 27, 1996. BACKGROUND The Porta Bella Specific Plan and related entitlements were approved by the City Council on September 12, 1995. The Porta Bella Development Agreement, a contract vesting the entitlements issued for this project for 20 years, was approved by the City Council on February 27, 1996. The Porta Bella property was purchased by Santa Clarita LLC in January 1999. All terms and conditions imposed by the City on Porta Bella are transferred to Santa Clarita LLC and they continue to be responsible to satisfy the City's land use requirements as well as the DTSC's clean up requirements. Through the term of the Development Agreement as stated in Section 6.b.i of the Agreement, "the City shall annually review Developer's compliance with this Agreement in accordance with the provisions of this Agreement... Such periodic review shall be limited in scope to good faith compliance with the provisions of this Agreement as provided in the Act (Section 65861)." City staff is seeking authorization from City Council to initiate an annual review of the developer's compliance with the terms of the Development Agreement. nn rr, rr Agenda Item ■ ■ ALTERNATIVE ACTIONS Other actions as determined by the City Council FISCAL IMPACTS No fiscal impacts are anticipated by the recommendation listed in this report. JJL:VPB:LMH s: \ pbs \ council \ ptabe110.doc