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PCRES 2003-079PLANNING COMMISSION RESOLUTION 2003-079 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF LA QUINTA, CALIFORNIA, RECOMMENDING TO THE CITY COUNCIL APPROVAL OF A DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF LA QUINTA AND CENTEX DESTINATION PROPERTIES FOR A 280-UNIT RESORT RESIDENTIAL PROJECT ON PROPERTY LOCATED TO THE NORHTWEST OF THE INTERSECTION OF COACHELLA DRIVE AND EISENHOWER DRIVE CASE NO.: DEVELOPEMNT AGREEMENT 2003-007 APPLICANT: CENTEX DESTINATION PROPERITES WHEREAS, the Planning Commission of the City of La Quinta, California, did on the 14'h day of October, 2003, hold a duly noticed Public Hearing to consider Development Agreement 2003-007 which sets up terms and conditions for the operation of a 280-unit resort residential project on 44+ acres in Tourist Commercial and Open Space Zoning Districts in conjunction with Specific Plan 2003-065, Tentative Tract Map 31379 and Site Development Permit 2003-778 for property located to the northwest of Coachella Drive and Eisenhower Drive, more particularly described as: Assessor's Parcel Numbers 658-130-003 to —005 Parcel 1 of Lot Line Adjustment 2001-361 Portion NE '/< of Section 36, TSS, R6E, SBBM WHEREAS, the Community Development Department published the Public Hearing notice in the Desert Sun newspaper on October 3, 2003, for the October 14, 2003 Planning Commission meeting as prescribed by Section 9.200.110 (Public Notice Procedure) of the Zoning Code. Public Hearing notices were also mailed to all property owners and residents within 500 feet of the site and to local public agencies on September 191h and 25`h; and WHEREAS, the City Council on September 16, 2003, certified Environmental Assessment 2003-478 for Specific Plan 2003-065, Tentative Tract Map 31379 and Site Development Permit 2003-778 by adoption of Resolution 2003-89. The adopted Mitigation Measures for the private resort will be implemented during on -site construction activities, therefore, the project will not have a significant adverse effect on the environment. No changed circumstances or conditions are proposed which would trigger the preparation of a subsequent Environmental Assessment pursuant to Public Resources Code Section 21 166; and Planning Commission Resolution 2003-079 Development Agreement 2003-007, Centex Adopted: October 14, 2003 WHEREAS, at said Public Hearing, upon hearing and considering all testimony and arguments, if any, of all interested persons wanting to be heard, said Planning Commission did make the following mandatory findings of approval to justify a recommendation to the City Council for approval of said Development Agreement 2003-007, pursuant to Section 9.250.030 of the Zoning Code: 1. The proposed Agreement is consistent with the goals, policies and intent of the La Quinta General Plan and Municipal Code in that the existing entitlements (Specific Plan 2003-065, Tentative Tract Map 31379 and Site Development Permit 2003-778) will implement construction of one- and two- story resort residential units in the Tourist Commercial land use area. 2. The proposed Development Agreement insures infrastructure improvements will be installed on Eisenhower Drive to benefit residents and/or guests of the City of La Quinta via the implementation of Specific Plan 2003-065, Site Development Permit 2003-778 and Tentative Tract Map 31379. 3. Approval of this Development Agreement will not be detrimental to the public health, safety or general welfare of the community because development conditions are prescribed that are consistent with Specific Plan 2003-065, Site Development Permit 2003-778 and Tentative Tract Map 31379. 4. Approval of this Development Agreement will not adversely affect the orderly development of the subject or surrounding property nor the preservation of area -wide property values, but rather will enhance them by encouraging planned growth. 5. Approval of the Development Agreement will provide a positive fiscal impact on the City by providing Transient Occupancy Tax (TOT) revenue to the General Fund for Citywide services. 6. Consideration of the Development Agreement has been accomplished pursuant to California Government Code Section 65864 et seq. and the City of La Quinta Municipal Code Section 9.250.030, which governs Development Agreements. Planning Commission Resolution 2003-079 Development Agreement 2003-007, Centex Adopted: October 14, 2003 NOW, THEREFORE, BE IT RESOLVED by the Planning Commission of the City of La Quinta, California, as follows: 1 . That the above recitations are true and correct and constitute the findings of the Planning Commission in this case; and 2. That it does hereby recommend to the City Council approval of Development Agreement 2003-007 for the reasons set forth in this Resolution, and subject to the attached Conditions of Approval. PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta Planning Commission, held on this 14" day of October, 2003, by the following vote, to wit: AYES: Commissioners Abels, Daniels, Quill, Tyler and Chairman Kirk ABSENT: None ABSTAIN: None I KIRK, Chairman of La Quinta, California ATTEST: HEMAN nity Development Director La Quinta, California ATTACHMENT 2 DRAFT RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO City of La Quinta 78-495 Calle Tampico La Quinta, CA 92253 Attn: City Clerk Space Above This Line for Recorder's Use (Exempt from Recording Fee per Gov't Code § 6103) DEVELOPMENT AGREEMENT BY AND BETWEEN CITY OF LA QUINTA ("CITY") AND CENTEX HOMES A NEVADA GENERAL PARTNERSHIP ("DEVELOPER") 011 119,015610-0002 431766.07 a 10N3,03 DRAFT DEVELOPMENT AGREEMENT This Development Agreement (the "Agreement") is entered into as of the _ day of 2003 ("Reference Date"), by and between the CITY OF LA QUINTA, a California municipal corporation and charter city organized and existing under the Constitution of the State of California (the "City"), and CENTEX HOMES, a Nevada General Partnership (the "Developer"), with reference to the following: RECITALS A. Government Code Sections 65864-65869.5 ("Development Agreement Act") authorize the City to enter into a binding development agreement for the development of real property within its jurisdiction with persons having legal or equitable interest in such real property. B. Pursuant to Section 65865 of the Government Code, the City has adopted its Development Agreement Ordinance (La Quinta Municipal Code Section 9.250.030) establishing procedures and requirements for such development agreements ("Development Agreement Ordinance"). C. Prior to the execution of this Agreement, the City approved the Villa La Quinta Specific Plan 2003-065 ("Specific Plan") that provides comprehensive planning and development criteria for Villa La Quinta (the 'Project"), a resort residential master planned community with 280 resort residential units ("Villas") and associated recreational facilities located on approximately 44.61 acres. The City has also approved Tentative Tract Map No. 31379, Environmental Assessment No. 2003-478, (the "Mitigated Negative Declaration"), and Site Development Permit 2003-778 for the Project. The Specific Plan, Tentative Tract Map, Mitigated Negative Declaration, and Site Development Permit are collectively referred to herein as 'Development Plan". D. Developer owns the 44.61 acre parcel ("Site") which is legally described in Exhibit "A" attached hereto, and which is the subject of the Development Plan. E. Consistent with Section 9.250.030 of the La Quinta Municipal Code, City and Developer desire to enter into a binding agreement for purposes of (i) setting forth a per -unit up front payment schedule for the Developer's payment to the City of certain amounts that the parties agree are designed to compensate the City for (A) the potential loss of anticipated general fund revenues as a result of the use of the Site for a residential resort use rather than as traditional tourist commercial use, such as a "hotel' as that term is defined in Section 9.280.030 of the La Quinta Municipal Code ("Hotel'); (B) the uncompensated costs of potential additional public services that the Development Plan will generate, which costs would have been recovered if the Site were to be developed for a traditional tourist commercial use, such as a Hotel; (C) and the potential added wear and tear on the municipal infrastructure which will result from the - Development Plan, the costs of which would have been compensated if the Site were to be developed for a traditional tourist commercial use, such as a Hotel; (ii) establishing an on -going obligation of the Project to pay the City certain amounts designed to compensate the City unless 012 119/015610_0W2 431766.07 a10A3iO3 -2- 1:M and until the Villas within the Project generate specified levels of transient occupancy tax; and (iii) granting Developer a vested right to develop the Site according to the Development Plan. F. Among other purposes, this Agreement is intended to be, and shall be construed as, a development agreement within the meaning of the Development Agreement Act. This Agreement will eliminate uncertainty in planning for and secure the orderly development of the Project, ensure a desirable and functional community environment, provide effective and efficient development of public facilities, infrastructure, and services appropriate for the development of the Project, and assure attainment of the maximum effective utilization of resources within the City, by achieving the goals and purposes of the Development Agreement Act. In exchange for these benefits to City, Developer desires to receive the assurance that it may proceed with development of the Project in accordance with the terms and conditions of this Agreement and the Development Plan, all as more particularly set forth herein. G. The City Council has determined that the Project and this Agreement are consistent with the City's General Plan and the Specific Plan, including the goals and objectives thereof. H. All actions taken by City have been duly taken in accordance with all applicable legal requirements, including the California Environmental Quality Act (Public Resources Code Section 21000, et seq.) ("CEQA"), and all other requirements for notice, public hearings, findings, votes and other procedural matters. I. On , the City Council adopted its Ordinance No. approving this Agreement. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt and legal sufficiency of which is hereby acknowledged, the parties do hereby agree as follows: 1.0 GENERAL. 1.1 Term. The term of this Agreement (the "Term") shall commence on the Effective Date hereof and shall continue for fifty (50) years thereafter, unless said term is otherwise terminated, modified, or extended by circumstances set forth in this Agreement or by mutual consent of the parties hereto after the satisfaction of all applicable public hearing and related procedural requirements. 1.2 Effective Date. This Agreement shall be effective, and the obligations of the parties hereunder shall be effective, as of which is the date that Ordinance No. takes effect ("Effective Date"). 013 119/015610-OW2 431766.07 a MOM OM -3- DRAFT 1.3 Amendment or Cancellation. Except as expressly stated to the contrary herein, this Agreement may be amended or canceled in whole or in part only by mutual consent of the parties and in the manner provided for in Government Code Section 65867-65868 and the City's Development Agreement Ordinance. 1.4 Termination. Unless terminated earlier, pursuant to the terms hereof, this Agreement shall automatically terminate and be of no further effect upon the expiration of the Term of this Agreement. Termination of this Agreement, for any reason, shall not, by itself, affect any right or duty arising from entitlements or approvals set forth under the Development Plan, as defined in Section 2.1, below. 2.0 DEVELOPER'S RIGHTS AND LIMITATIONS REGARDING CONSTRUCTION OF THE PROJECT. 2.1 Right to Develop. Subject to the terms, conditions, and covenants of this Agreement, Developer's right to develop the Project in accordance with the Development Plan (and subject to the conditions of approval thereof (the "Conditions of Approval") which, among other conditions of approval associated with future approvals and permits issued by the City, include but are not limited to the conditions of approval set forth in Exhibit "B" attached hereto) shall be deemed vested upon execution of this Agreement, which vesting shall expire upon the earlier of the following occurrences: (a) termination of this Agreement; (b) an uncured material default by Developer of this Agreement; or (c) as to a particular phase, parcel, or lot comprising a portion of the Site, the earlier of the final approved City inspection of the completed development on such phase, parcel, or lot, or the issuance by the City of a certificate of occupancy for such phase, parcel, or lot. Except for the expiration set forth in clause (a) of the preceding sentence, the expiration of the vesting right set forth in the preceding sentence shall not terminate the obligations of Developer under this Agreement. Notwithstanding anything in this Agreement to the contrary, the Project shall remain subject to the following, to the same extent it would without this Agreement: (i) all ordinances, regulations, rules, laws, plans, policies, and guidelines of the City and its City Council, Planning Commission, and all other City boards, commissions, and committees existing on the Effective Date of this Agreement (collectively, the "Existing Development Regulations"); (ii) all amendments or modifications to Existing Development Regulations after the Effective Date of this Agreement and all ordinances, regulations, rules, laws, plans, policies, and guidelines of the City and its City Council, Planning Commission, and all other City boards, commissions, and committees enacted or adopted after the Effective Date of this Agreement (collectively, "New Laws"), except such New Laws which would prevent or materially impair Developer's ability to develop the Project in accordance with the Development Plan, unless such New Laws are (A) adopted by the City on a City wide -basis and applied to the Site in a non-discriminatory manner, (B) required by a non -City entity to be adopted by or applied by the City (or, if adoption is optional, the failure to adopt or apply such non -City law or regulation would cause the City to sustain a loss of funds or loss of access to funding or other ANSIMIND 119N15610.OW2 _ 431766.07 alON3/03 --4 - 01 DRAFT resources), or (C) New Laws the City reserves the right to apply under this Agreement, including, but not limited to, Sections 2.2 and 3.3.5; (iii) all subsequent development approvals and the conditions of approval associated therewith, including but not limited to any further site development permits, tract maps, and building permits; (iv) the payment of all fees or exactions in the categories and in the amounts as required at the time such fees are due and payable, which may be at the time of issuance of building permits, or otherwise as specified by applicable law, as existing at the time such fees are due and payable; and (v) the reservation or dedication of land for public purposes or payment of fees in lieu thereof as required at the time such reservations or dedications or payments in lieu are required under applicable law to be made or paid. 2.2 Additional Applicable Codes and Regulations Notwithstanding any other provision of this Agreement, the City also reserves the right to apply the following to the development of the Project: 2.2.1 Building, electrical, mechanical, fire and similar building codes based upon uniform codes adopted in, or incorporated by reference into, the La Quinta Municipal Code, as existing on the Effective Date of this Agreement or as may be enacted or amended thereafter, applied to the Project in a nondiscriminatory manner. 2.2.2 In the event of fire or other casualty requiring construction of more than fifty (50%) percent of any building previously constructed hereunder, nothing herein shall prevent the City from applying to such reconstruction, all requirements of the City's Building, Electrical, Mechanical, and similar building codes based upon uniform codes adopted in, or incorporated by reference into, the La Quinta Municipal Code, solely to the extent applicable to all development projects in the City. 2.2.3 This Agreement shall not prevent the City from establishing any new City fees on a City-wide basis and applied to Site in a non-discriminatory manner, including new development impact fees, or increasing any existing City fees, including existing development impact fees, and to apply such new or increased fees to the Project or applicable portion thereof where such new or increased fees may be charged. 2.3 Permitted Density Height and Use Limitations The permitted uses, density and intensity of use, location of uses, maximum height and size of proposed buildings, minimum setbacks, and other standards applicable to the Project shall be those set forth in the Development Plan and this Agreement, whichever is the strictest. 0L 119MIS610-0002 431766.07 .10003/03 -5- DRAFT 3.0 DEVELOPER'S OBLIGATIONS. 3.1 Conditions of Approval. The Conditions of Approval attached hereto as Exhibit `B" include and incorporate the mitigation measures of the Mitigated Negative Declaration so that significant environmental effects will be mitigated or avoided. The Developer shall also comply with the mitigation monitoring program set forth in Exhibit "C" attached hereto (the "Mitigation Monitoring Program"). Developer acknowledges that additional conditions of approval beyond those set forth in Exhibit `B" may be applicable to the Project if and as associated with future Project approvals. 3.2 Covenants. Conditions and Restrictions. 3.2.1 Recordation of Covenants, Conditions and Restrictions and Establish- ment of Villa La Quinta Homeowners Association. Prior to, and as a condition of, the City's issuance of any building permit for the residential units, the Developer shall submit to the City, obtain approval thereof, and record, covenants, conditions and restrictions (the "CCRs") against the Site which, in addition to the obligations set forth in the Conditions of Approval, shall (i) establish a homeowner's association for the Project (the "Villa La Quinta HOA"); (ii) provide for the Villa La Quinta HOA's payment of the fees described in Section 3.3.3; and (iii) provide for the Villa La Quinta HOA's operation of a Rental Tracking System, as described in Section 3.3.5. If the City fails to approve, deny or comment with regard to the CCRs within fifteen (15) days of submission by Developer to the City, the CCRs shall be deemed approved. The City shall not unreasonably deny approval of the CCRs. As to the provisions of the CCRs implementing this Agreement, the City shall be provided adequate enforcement rights. No modification of those portions of the CCRs implementing the provisions of this Agreement shall be permitted unless the City provides its written consent. If the California Department of Real Estate ("DRE") refused to approve the CCRs in the form approved by the City, and the Developer has used all reasonable efforts to obtain the approval, the City and the Developer shall negotiate in good faith to develop equivalent protection of the City's interests in this Agreement. Such equivalent protections shall be subject to the approval of both the City and the Developer. Agreement upon the equivalent protection shall be necessary in order for the issuance of any building permit for the residential units. 3.3 Payments to City by HOA and Developer. 3.3.1 General. During the Term of this Agreement, Developer or the Villa La Quinta HOA, as applicable, shall make the payments to City described in this Section 3.3. The payments under this Section 3.3 are not the exclusive development impact fees for the Project, and nothing in this Section 3.3 shall be construed as a limitation on the right of the City to impose, levy, or assess the Site other development fees as permitted by applicable law and this Agreement. 016 119/015610-0002 431766.07 00103,W -6- DRAFT 3.3.2 Developer's Payments of One -Time Mitigation Fees Developer shall pay or cause to be paid to the City, for each of the 280 resort residential units in the Project, with such payment due on or before the date the building permit for each such unit, the sum of Two Thousand Five Hundred Dollars ($2,500.00). 3.3.3 Villa La Quinta Annual Mitigation Fee-, Termination During the term of this Agreement, on each July 1st following the Effective Date ("Annual Mitigation Payment Date"), the Villa La Quinta BOA shall pay to the City an annual mitigation fee ("Villa La Quinta Annual Mitigation Fee") covering the annual period of the prior July 1 through the June 30 occurring immediately preceding the Annual Mitigation Payment Date (the "Operative Year") (provided, however, the first Operative Year shall commence on the Effective Date of this Agreement and end on the next occurring June 30). The Villa La Quinta Annual Mitigation Fee shall be the collective sum of One Thousand Dollars ($1,000) for each of the resort residential units ("Villa La Quinta Unit Fee") in the Project that has been sold to a third party purchaser, as evidenced by a recorded deed for such unit, prior to the applicable Annual Mitigation Payment Date, regardless of when or in which Operative Year the unit was sold. Notwithstanding the paragraph above, if the City has received transient occupancy tax ('TOT") for rentals from Villa La Quinta in excess of Five Hundred Thousand Dollars ($500,000) ("Level 1 TOT Goal") for three consecutive Operative Years during the term of this Agreement, the Villa La Quinta Annual Mitigation Fee for the next Operative Year shall be reduced from One Thousand Dollars ($1,000) per unit in the Project to Five Hundred Dollars ($500) per unit in the Project. If the City has received TOT for rentals from Villa La Quinta in excess of One Million Dollars ($1,000,000) ("Level 2 TOT Goal") for any three consecutive Operative Years during the term of this Agreement, then the Villa La Quinta HOA's obligation to pay the Villa La Quinta Annual Mitigation Fee for any Operative Years thereafter shall terminate and shall be of no further force and effect. All rentals of Villas shall remain subject to the City's TOT requirements. The CCRs for the Project shall provide for the assessment and collection of the Villa La Quinta Annual Mitigation Fee and shall provide for and adequately ensure the collection and payment thereof. As to the collection and payment of the Villa La Quinta Annual Mitigation Fee, the CCRs shall provide the City with enforcement rights against both the Villa La Quinta HOA and the owners. The City shall be provided with the same rights of collection as the Villa La Quinta Annual Mitigation Fee that the Villa La Quinta BOA shall have for the collection of other fees and assessments. However, the Villa La Quinta BOA shall have the obligation for collection and payment of the Villa La Quinta Annual Mitigation Fee. In any action by the City to collect the Villa La Quinta Annual Mitigation Fee, the City shall, in addition to the fee, be entitled to collect all of its costs, expenses, and attorneys' fees in enforcing its rights. 3.3.4 Consumer Price Index Adjustments The Villa La Quinta Unit Fee, the Level 1 TOT Goal, and the Level 2 TOT Goal shall be adjusted annually, on each May I" during the term of this Agreement, by the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, Los Angeles -Riverside - Orange County average, All Items, 1982-84 = 100, published by the United States Department of 017 1191013610-0002 umw 131766.07 a10N3103 -7- 1 ABR Labor, Bureau of Labor Statistics (the "CPI"), by comparing the CPI existing on the immediately prior March Is` to the CPI existing on the March IS` of the previous year. The first such adjustment shall occur on the first May 1" following on the earlier of the following two dates: (i) the closing of the first sale of a residential unit; or (ii) the two-year anniversary of the Reference Date. No adjustment shall be made in any year in which there has been a decrease in the CPI. If the CPI is no longer published at any point during the Tenn of this Agreement, a comparable index shall be selected by the parties. 3.3.5 Other Fees and Charges; Assessment Appeals Nothing set forth in this Agreement is intended or shall be construed to limit or restrict the City's authority to impose its existing, or any new or increased, fees, charges, levies, or assessments for the development of the Site, or to impose or increase, subject to the required procedure, any taxes applicable to the Site including but not limited to transient occupancy taxes; provided nothing set forth herein is intended or shall be construed to limit or restrict whatever right Developer might otherwise have to challenge any fee, charge, levy, assessment, or tax imposed. Developer shall timely pay all applicable fees, charges, levies, assessments, and special and general taxes validly imposed in accordance with the Constitution and laws of the State of California, including without limitation school impact fees in accordance with Government Code §§ 65995, et seq. 3.3.6 Rental Tracking System. The CCRs shall provide that the Villa La Quinta HOA will establish and operate throughout the term of this Agreement a Rental Tracking system (the 'Rental Tracking System") to be administered by the Villa La Quinta HOA or its agents or contractors. The Villa La Quinta HOA shall be required to designate and notify the City of the Rental Tracking System administer. The CCRs shall require each owner (or such owner's agent) within the Project to report any rental of such owner's unit to the Rental Tracking System administrator if such unit is not rented through the Rental Tracking System. The CCRs shall require that the owners shall be responsible for reporting to the Rental Tracking System administrator the following information for all rentals of all units within the Project: (a) unit rented; (b) the term of the rental, including the first and last day; (c) the rental payment; (d) the rental agent, if any; and (e) the name of the renter. The Rental Tracking System administrator shall use all reasonable diligence to assure that all such information is collected. The Rental Tracking System administrator shall provide monthly written reports summarizing the information collected pursuant to (a) through (d), inclusive, as an aid to the City in assuring that the proper collection of applicable TOT is occurring. The City shall have the right to audit the records of the Rental Tracking System administrator upon two business days written notice to the same. The Developer or Villa La Quinta HOA shall notify the City of the name and contact information of the Rental Tracking System administrator on or before the date that the first certificate of occupancy is issued for any of the residential resorts units. It shall be the obligation of the Villa La Quinta HOA to notify the City of any redesignation of the Rental Tracking System administrator. On an annual basis, the Rental Tracking System administrator shall provide an information brochure to all owners of _ units describing: (1) the limitation on renting units for more than 30 consecutive days; (2) the obligation to collect TOT on all rentals; (3) the obligation in the CCRs that owners or their agents report all rentals to the Rental Tracking System administrator; and (4) contact information for the Rental Tracking System administrator and the entity or entities rental management 018 10-02 43176 W 631]66.0.07 alON3iO3 -8- DRAFT opportunities that are known to be available to the owners pursuant to Section 3.3.7. The City Community Development Director shall approve the brochure prior to its distribution. The City's approval of the brochure will not be unreasonably withheld. 3.3.7 Rental Management Program Developer shall be responsible for ensuring that for the Term of this Agreement, one or more contract(s) shall be in effect at all times which provide opportunities to the owners of the resort residential units to have the ability to make their units available for rental periods of up to 30 consecutive days. The contract or contracts may, but are not required to be, with an on -site rental management agent. Developer may assign this obligation to the Villa La Quints HOA in accordance with the procedures of Section 3.3.8. 3.3.8 Assumption of Obligation by Villa La Ouinta HOA Upon the recordation of the CCRs and the execution and recordation of an assumption and assignment agreement, the obligations set forth in Section 3.3.3, 3.3.4, 3.3.6 and 3.3.7 shall be the obligation of the Villa La Quinta HOA and the Developer shall no longer be responsible for their implementation. The assumption and assignment agreement shall be in the form set forth in Exhibit "D". 3.4 Dedications and Improvements Developer shall offer such dedications to the City or other applicable public agency, or complete those public improvements in connection with the Project, as specified in the Conditions of Approval. 3.5 Indemnification. (a) Developer agrees to and shall indemnify, hold harmless, and defend, the City and its officers, officials, members, agents, employees, and representatives (collectively, "the Indemnified Parties"), from liability or claims for death or personal injury and claims for property damage which may arise from the acts, errors, and/or omissions of the Developer or its contractors, subcontractors, agents, employees or other persons acting on its behalf in relation to the Project and/or this Agreement, except to the extent that the liability or claims arise from the City's negligence or willful misconduct. The foregoing indemnity applies to all deaths, injuries, and damages, and claims therefor, suffered or alleged to have been suffered by reason of the acts, errors, and/or omissions referred to in this paragraph, regardless of whether or not the City prepared, supplied, or approved plans or specifications, or both, and regardless of whether or not any insurance policies are applicable. (b) Developer agrees to and shall indemnify, hold harmless, and defend, the Indemnified Parties from any challenge to the validity of this Agreement, the CCRs implementing this Agreement, or to the City's implementation of its rights under this Agreement; the Developer shall indemnify, hold harmless, pay all costs and provide defense for the Indemnified Parities in said action or proceeding with counsel chosen by the City. (c) In the event the Indemnified Parties are made a party to any action, lawsuit, or other adversarial proceeding in any way involving claims specified in paragraphs (a) or (b) 019 119/015610-0002 431766.07.10/03/03 -9- DRAFT above, Developer shall provide a defense to the Indemnified Parties, or at the Indemnified Parties' option, reimburse the Indemnified Parties their costs of defense, including attorney's fees, incurred in defense of such claim. In addition, Developer shall be obligated to promptly pay any final judgment or portion thereof rendered against the Indemnified Parties. The City shall, at no cost to the City, cooperate with the Developer in any such defense as Developer may reasonably request. 4.0 CITY'S OBLIGATIONS & ACKNOWLEDGEMENTS. 4.1 Scope of Subsequent Review/Confirmation of Compliance Process Nothing set forth herein shall impair or interfere with the right of the City to require the processing of building permits as required by law, pursuant to the applicable provisions of the La Quinta Municipal Code and the provisions of City's Fire Codes and ordinances, Health and Safety Codes and ordinances, and Building, Electrical, Mechanical, and similar building codes. Prior to each request for a building permit, Developer shall provide City with a Compliance Certificate ("Certificate"), in substantially the same form as that attached hereto as Exhibit "E", which shall describe how all applicable Conditions of Approval have been fully complied with. The Certificate shall be distributed to the relevant City departments in order to check the representations made by Developer on the Certificate. 4.2 Project Approvals Independent. All approvals required for the Project which may be or have been granted, and all land use entitlements or approvals generally which have been issued or will be issued, by the City with respect to the Project, constitute independent actions and approvals by the City. If any provision of this Agreement or the application of any provision of this Agreement to a particular situation is held by a court of competent jurisdiction to be invalid or unenforceable, or if this Agreement terminates for any reason, then such invalidity, unenforceability 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 entitlements. In such cases, such approvals and entitlements will remain in effect pursuant to their own terms, provisions, and the Conditions of Approval. It is understood by the parties to this Agreement that, pursuant to existing law, if this Agreement terminates or is held invalid or unenforceable as described above, such approvals and entitlements shall not remain valid for the term of this Agreement, but shall remain valid for the term of such approvals and entitlements. 4.3 Review for Compliance. The City shall review Developer's compliance with the terms of this Agreement at least once during every twelve (12) month period following the Effective Date of this Agreement, in accordance with the City's procedures and standards for such review set forth in the City's Development Agreement Ordinance. During such periodic review by the City, the Developer, upon written request from City, shall be required to demonstrate, and hereby agrees to furnish, _ evidence of good faith compliance with the terms hereof. The failure of the City to conduct or complete the annual review as provided herein or in accordance with the Development Agreement Act shall not impact the validity of this Agreement. If, at the conclusion of the annual review provided for herein, Developer has been found in compliance with this 0 41- o 119/015610-0002 431766.07 a I0N3/03 _10_ F I DRAFT Agreement, the City, through the City's Community Development Director, shall, at Developer's written request, issue a Certificate of Compliance to Developer stating that (1) this Agreement remains in full force and effect and (2) Developer is in compliance with this Agreement. The Certificate of Compliance shall be in recordable fort, and shall contain information necessary to communicate constructive record notice of the finding of compliance. Developer, at its option and sole cost, may record the Certificate of Compliance. 4.4 Satisfaction of Specific Plan Condition The City hereby acknowledges and agrees that full compliance with this Agreement, among other things, will constitute Developer's satisfaction and compliance with those portions of condition 14 of the conditions of approval for the Specific Plan approved by the City which relate to Developer's obligation to enter into (i) a development agreement for the payment of TOT and (ii) one or more rental management service contracts with a Resort/Hotel or rental management company for such Resort/Hotel (as such terms are defined in said condition), to maintain such contracts in effect for a period of ten (10) years, and to provide copies of such contracts to the Community Development Department, 5.0 DEFAULT; REMEDIES; DISPUTE RESOLUTION 5.1 Notice of Default. In the event of failure by either party hereto substantially to perform any material term or provision of this Agreement, the non -defaulting party shall have those rights and remedies provided herein, provided that such non -defaulting party has first provided to the defaulting party a written notice of default in the manner required by Section 8.1 hereof identifying with specificity the nature of the alleged default and the manner in which said default may satisfactorily be cured. 5.2 Cure of Default. Upon the receipt of the notice of default, the alleged defaulting party shall promptly commence to cure, correct, or remedy the identified default at the earliest reasonable time after receipt of the notice of default and shall complete the cure, correction or remedy of such default not later than five (5) days [or thirty (30) days for non -monetary defaults] after receipt of the notice of default, or, for such defaults that cannot reasonably be cured, corrected or remedied within five (5) days [or thirty (30) days for non -monetary defaults], such patty shall commence to cure, correct, or remedy such default within such five (5) day period [or thirty (30) day period for non -monetary defaults], and shall continuously and diligently prosecute such cure, correction or remedy to completion. 5.3 City Remedies. In the event of an uncured default by Developer of the terms of this Agreement, the City, at its option, may institute legal action in law or in equity to cure, correct, or remedy such default, enjoin any threatened or attempted violation, or enforce the terms of this Agreement. In no event shall the City be entitled to consequential, exemplary or punitive damages for any Developer default. For purposes of this Agreement the term "consequential damages" shall include, but not be limited to, potential loss of anticipated tax revenues from the Projector any 1191015610-"2 431766.07 aIM3iO3 -1 1- DRAFT portion thereof. Furthermore, the City, in addition to, or as an alternative to, exercising the remedies set forth in this Section 5.3, in the event of a material default by Developer, may give notice of its intent to terminate or modify this Agreement pursuant to the City's Development Agreement Ordinance and/or the Development Agreement Act, in which event the matter shall be scheduled for consideration and review by the City Council in the manner set forth in the City's Development Agreement Ordinance or the Development Agreement Act. 5.4 Developer's Exclusive Remedies. The parties acknowledge that the City would not have entered into this Agreement if it were to be liable in damages under, or with respect to, this Agreement or any of the matters referred to herein including, but not limited to, the Development Plan, Conditions of Approvals, the Existing Development Regulations or any future amendments or enactments thereto, or the Project, except as provided in this Section. Accordingly, Developer covenants on behalf of itself and its successors and assigns, not to sue the City for damages or monetary relief (except for attorneys' fees as provided for by Section 8.22) for any breach of this Agreement by City or arising out of or connected with any dispute, controversy, or issue between Developer and City regarding this Agreement or any of the matters referred to herein including but not limited to the application, interpretation, or effect of this Agreement, the Development Plan, the Conditions of Approval, the Existing Development Regulations or any future amendments or enactments thereto, or any land use permits or approvals sought in connection with the development of the Project or any component thereof, or use of a parcel or any portion thereof, the parties agreeing that declaratory and injunctive relief, mandate, and specific performance shall be Developer's sole and exclusive judicial remedies. 6.0 MORTGAGEE PROTECTION: CERTAIN RIGHTS OF CURE 6.1 Encumbrances on the Project Site This Agreement shall not prevent or limit the Developer from encumbering the Site or any portion thereof or any improvements thereon with any mortgage, deed of trust, sale and leaseback arrangement, or any other form of conveyance in which the Site, or a portion thereof or interest therein, is pledged as security, and contracted for in good faith and fair value (a "Mortgage") securing financing with respect to the construction, development, use or operation of the Project. 6.2 Mortgage Protection This Agreement shall be superior and senior to the lien of any Mortgage. Notwithstanding the foregoing, no breach of this Agreement shall defeat, render 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 Site or any portion thereof by a holder of a beneficial interest under a Mortgage, or any successor or assignee to said holder (a "Mortgagee") [whether pursuant to foreclosure, trustee's sale, deed in lieu of foreclosure, lease termination or otherwise] shall be subject to all of the terms and conditions of this Agreement. 1 ivroi5ei0-0002 431766.07 a10/03/03 -12- 022 as DRAFT 6.3 Mortgagee Not Obligated No Mortgagee will have any obligation or duty under this Agreement to perform the obligations of the .Developer or other affirmative covenants of Developer hereunder, or to guarantee such performance, except that to the extent that any covenant to be performed by the Developer is a condition to the performance of a covenant by the City, the performance thereof shall continue to be a condition precedent to the City's performance hereunder. 6.4 Notice of Default to Mortgagee; Right of Mortgagee to Cure City shall, upon written request to the City, deliver to each Mortgagee a copy of any notice of default given to Developer under the terms of this Agreement, at the same time of sending such notice of default to Developer. The Mortgagee shall have the right, but not the obligation, within five (5) days [or thirty (30) days for non -monetary defaults] after the receipt of such notice from the City, to cure, correct, or remedy the default, or, for such defaults that cannot reasonably be cured, corrected, or remedied within five (5) days [thirty (30) days for non - monetary defaults], the Mortgagee shall commence to cure, correct, or remedy the default within such five (5) day period [or thirty (30) day period for non -monetary defaults], and shall continuously and diligently prosecute such cure to completion. If the default is of a nature which can only be remedied or cured by such Mortgagee upon obtaining possession of the Site, such Mortgagee shall have the right to seek to obtain possession with diligence and continuity through foreclosure, a receiver or otherwise, and shall be permitted thereafter to remedy or cure the default within such time as is reasonably necessary to cure or remedy said default but in no event more than thirty (30) days after obtaining possession. If any such default cannot, with diligence, be remedied or cured within such thirty (30) day period, then such period shall be extended to permit the Mortgagee to effect a cure or remedy so long as Mortgagee commences said cure or remedy during such thirty (30) day period, and thereafter diligently pursues and completes such cure. 7.0 TRANSFERS OF INTEREST IN SITE OR AGREEMENT 7.1 Successors and Assigns Developer shall have the right to sell, transfer or assign Site, or any portion thereof (provided that no such transfer shall violate the Subdivision Map Act, Government Code §66410, et seq.) to any person, partnership, joint venture, firm or corporation at any time during the term of this Agreement. Any such sale or transfer shall include, with respect to the Site or the portion thereof sold or transferred, the assignment and assumption, in a fully executed written agreement, in whole or in part, of the rights, duties and obligations of the Developer under the terms of this Agreement. Upon such sale, transfer or assignment, Developer shall, with respect to the Site or the portion thereof sold or transferred, be released from any further obligations under the terms of this Agreement, provided: (a) Developer no longer has any legal or equitable interest in the Site or the portion thereof sold or transferred, as applicable; (b) Developer is not, at the time of the transfer, in default under the terms of this Agreement; and 023 119/015610-0002 431766.07 a 10/03/03 -13- (c) Developer has submitted an executed assignment and assumption agreement in a form set forth in Exhibit F. 7.2 Sales in Normal Course of Business The provisions of the above Section shall not apply to the sale or lease of a residential dwelling unit which has been finally subdivided and is individually (and not in "bulk") sold or ]eased to a member of the public or other ultimate user. Upon any such sale or lease, the residential dwelling unit shall be released from the rights, duties and obligations of the Developer under this Agreement, except for all obligations which extend to the individual units under the CCRs provisions which implement this Agreement. This release shall in no way limit the duties and obligations of the Developer or the Villa La Quinta HOA. 7.3 Assignment by City. The City may assign or transfer any of its rights or obligations under this Agreement with the approval of the Developer, which approval shall not be unreasonably withheld. 8.0 MISCELLANEOUS. 8.1 Notices. All notices permitted or required hereunder must be in writing and shall be effected by (i) persona] delivery, (ii) first class mail, registered or certified, postage fully prepaid, or (iii) reputable same -day or overnight delivery service that provides a receipt showing date and time of delivery, addressed to the following parties, or to such other address as any party may from time to time, designate in writing in the manner as provided herein: To City: City of La Quinta 78-495 Calle Tampico La Quinta, California 92253 Attn: Community Development Director With a copy to: Rutan & Tucker, LLP 611 Anton Boulevard, Suite 1400 Costa Mesa, California 92626 Attn: M. Katherine Jenson To Developer: Mr. Steve Mudge Centex Real Estate Corporation 2275 Corporate Circle, Suite 230 Henderson, NV 89074 Telephone: (702) 990-0800 Facsimile: (702) 990-0400 024 119/015610-0002 431766.07 a 10/03/03 -14- DRAFT With a copies to BEST BEST & KRIEGER LLP Attn: Daniel E. Olivier, Esq. 74-760 Highway 111, Ste. 200 Indian Wells, CA 92210 Telephone: (760) 568-2611 Facsimile: (760) 340-6698 Edward G. Milgrim 385 Douglas Avenue, Suite 3100 Almonte Springs, FL 32714 Telephone: (407) 661-2103 Facsimile: (407) 661-9041 Any written notice, demand or communication shall be deemed received immediately if personally delivered or delivered by delivery service, and shall be deemed received on the third day from the date it is postmarked if delivered by registered or certified mail. 8.2 Force Maieure. In addition to specific provisions of this Agreement, performance by either party hereunder shall not be deemed to be in default where delays or failures to perform are due to war, insurrection, strikes, walk -outs, riots, floods, earthquakes, fires, casualties, acts of God, acts of the public enemy, terrorism, epidemics, quarantine restrictions, freight embargoes, governmental restrictions imposed or mandated by other governmental entities, governmental restrictions or priority, unusually severe weather, inability to secure labor, materials, or tools necessary for the Project, delays of any contractor, subcontractor or supplier; acts of another party, acts or the failure to act of any public or governmental agency or entity (except that acts or the failure to act of the City shall not excuse performance by the City) or any other causes beyond the control or without the fault of the party claiming an extension of time to perform. An extension of time for any such cause shall only be for the period of the enforced delay, which period shall commence to run from the time of the commencement of the cause. Times of performance under this Agreement may also be extended in writing by the City and the Developer. Notwithstanding the paragraph above, Developer is not entitled pursuant to this Section 8.2 to an extension of time to perform because of past, present, or future difficulty in obtaining suitable construction or permanent financing for the development of the Site, or because of economic or market conditions. 8.3 Bindine Effect. This Agreement, and all of the terms and conditions hereof, shall be binding upon and inure to the benefit of the parties, any subsequent owner of all or any portion of the Project or the Site, and their respective assigns, heirs or successors in interest, whether or not any reference to 025 119MI56ID-0002 131766.07.10/03/03 L.! this Agreement is contained in the instrument by which such person acquired an interest in the Project or the Site. 8.4 Independent Entity. The parties acknowledge that, in entering into and performing this Agreement, each of. the Developer and the City is acting as an independent entity and not as an agent of the other in any respect. 8.5 Agreement Not to Benefit Third Parties This Agreement is made for the sole benefit of the parties, and no other person shall be deemed to have any privity of contract under this Agreement nor any right to rely on this Agreement to any extent for any purpose whatsoever, nor have any right of action of any kind on this Agreement, nor be deemed to be a third party beneficiary under this Agreement. Notwithstanding the immediately preceding sentence, the Agency shall be an intended third party beneficiary to this Agreement. 8.6 Covenants. The provisions of this Agreement shall constitute mutual covenants which shall run with the land comprising the Site for the benefit thereof, and the burdens and benefits hereof shall bind and inure to the benefit of each of the parties hereto and all successors in interest to the parties hereto for the term of this Agreement. 8.7 Nonliability of City Officers and Emolovees No official, officer, employee, agent or representative of the City, acting in his/her official capacity, shall be personally liable to Developer, or any successor or assign, for any loss, costs, damage, claim, liability, or judgment, arising out of or connection to this Agreement, or for any act or omission on the part of the City. 8.8 Covenant Against Discrimination Developer and City covenant and agree, for themselves and their respective successors and assigns, that there shall be no discrimination against, or segregation of, any person or group or persons on account of race, color, creed, religion, sex, marital status, national origin or ancestry, or any other impermissible classification, in the performance of this Agreement. Developer shall comply with the Americans with Disabilities Act of 1990, as amended (42 U.S.C. §§ 12101, et seq.). 8.9 Amendment of Agreement. This Agreement may be amended from time to time by mutual consent of the original parties or such party to which the Developer assigns all or any portion of its interest in this Agreement, in accordance with the provisions of the City's Development Agreement Ordinance and Government Code Sections 65867 and 65868. 28 119/015610-0002 431766.07 .10103103 -16- DRAFT 8.10 No 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 delay or omission by either party in exercising any right or power accruing upon non-compliance or failure to perform by the other party under any of the provisions of this Agreement shall impair any such right or power or be construed to be a waiver thereof, except as expressly provided herein. No waiver by either party of any of the covenants or conditions to be performed by the other party shall be construed or deemed a waiver of any succeeding breach or nonperformance of the same or other covenants and conditions hereof. 8.11 Severability. If any term, provision, covenant or condition of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions of this Agreement shall continue in full force and effect, to the extent that the invalidity or unenforceability does not impair the application of this Agreement as intended by the parties. 8.12 Cooperation in Carrvine Out Agreement Each party shall take such actions and execute and deliver to the other all such further instruments and documents as may be reasonably necessary to carry out this Agreement in order to provide and secure to the other party the full and complete enjoyment of its rights and privileges hereunder. 8.13 Estoppel Certificate Any party hereunder may, at any time, deliver written notice to any other party requesting such party to certify in writing that, to the best knowledge of the certifying party, (i) this Agreement is in full force and effect and a binding obligation of the parties, (ii) this Agreement has not been amended or modified either orally or in writing, or if so amended, identifying the amendments, (iii) the requesting party is not in default in the performance of its obligations under this Agreement, or if in default, describing the nature and amount of any such defaults, and (iv) any other reasonable information requested. A party receiving a request hereunder shall execute and return such certificate within thirty (30) days following receipt of such written request. The City Manager, Assistant City Manager, and Community Development Director are each authorized to sign and deliver an estoppel certificate on behalf of the City. The City acknowledges that a certificate hereunder may be relied upon by transferees and Mortgagees. 8.14 Construction. This terms of this Agreement shall be construed in accordance with the meaning of the language used and shall not be construed for or against either party by reason of the authorship of this Agreement or any other rule of construction that might otherwise apply. As used in this Agreement, and as the context may require, the singular includes the plural and vice versa, and the masculine gender includes the feminine and vice versa. 027 119/015610-0002 sm 431766.07 a ION3N3 -17- 1 _._:_ M 8.15 Recordation. This Agreement shall be recorded with the County Recorder of Riverside County at Developer's cost, if any, within the period required by Government Code Section 65868.5. Amendments approved by the parties, and any cancellation or termination of this Agreement, shall be similarly recorded. 8.16 Captions and References The captions of the paragraphs and subparagraphs of this Agreement are solely for convenience of reference, and shall be disregarded in the construction and interpretation of this Agreement. Reference herein to a paragraph or exhibit are the paragraphs, subparagraphs and exhibits of this Agreement. 8.17 Time. Time is of the essence in the performance of this Agreement and of each and every term and condition hereof as to which time is an element. 8.18 Recitals & Exhibits Incorporated; Entire Agreement The Recitals to this Agreement and all of the exhibits and attachments to this Agreement are, by this reference, incorporated into this Agreement and made a part hereof. This Agreement, including all Exhibits attached hereto, constitutes the entire agreement between the parties with respect to the subject matter of this Agreement, and this Agreement supersedes all previous negotiations, discussions and agreements between the parties, and no parole evidence of any prior or other agreement shall be permitted to contradict or vary the terms hereof. 8.19 Exhibits. Exhibits "A" — "F" to which reference is made in this Agreement are deemed appropriated herein in their entirety. Said exhibits are identified as follows: A Legal Description of Site B Conditions of Approval C Mitigation Monitoring Program D Assignment and.Assumption Agreement for HOA E Compliance Certificate F General Assignment and Assumption Agreement 8.20 Counterpart Signature Pages For convenience the parties may execute and acknowledge this agreement in counterparts and when the separate signature pages are attached hereto, shall constitute one and the same complete Agreement. 0,)$ 119/015610-WO2 431766.07 a10N3/03 -1 t4- DRAFT 8.21 Authority to Execute. Developer warrants and represents that (i) it is duly organized and existing, (ii) it is duly authorized to execute and deliver this Agreement, (iii) by so executing this Agreement, Developer is formally bound to the provisions of this Agreement, (iv) Developer's entering into and performance of its obligations set forth in this Agreement do not violate any provision of any other agreement to which Developer is bound, and (v) there is no existing or threatened litigation or legal proceeding of which Developer is aware which could prevent Developer from entering into or performing its obligations set forth in this Agreement. 8.22 Governing Law: Litigation Matters The internal laws of the State of California shall govem the interpretation and enforcement of this Agreement without regard to conflicts of law principles. Any action at law or in equity brought by any party hereto for the purpose of enforcing, construing, or interpreting the validity of this Agreement or any provision hereof shall be brought in the Superior Court of the State of California in and for the County of Riverside, or such other appropriate court in said county, and the parties hereto waive all provisions of law providing for the filing, removal, or change of venue to any other court. Service of process on City shall be made in accordance with California law. Service of process on Developer shall be made in any manner permitted by California law and shall be effective whether served inside or outside of California. In the event of any action between the parties hereto seeking enforcement of any of the terms of this Agreement or otherwise arising out of this Agreement, the prevailing party in such litigation shall be awarded, in addition to such relief to which such party is entitled, its reasonable attorney's fees, expert witness fees, and litigation costs and expenses. 8.23 No Brokers. Each of the City and the Developer represents to the other party that it has not engaged the services of any finder or broker and that it is not liable for any real estate commissions, broker's fees, or finder's fees which may accrue by means of this Agreement, and agrees to hold harmless the other party from such commissions or fees as are alleged to be due from the party making such representations. 0219 119r015610-0002 431766.07 a 10/03103 -19- DRAFT IN WITNESS WHEREOF, the Developer and the City have executed this Agreement as of the Reference Date. "DEVELOPER" CENTEX HOMES, a Nevada General Partnership By: Its: "CITY" CITY OF LA QUINTA, a California municipal corporation 0 Thomas Genovese City Manager ATTEST: June Greek City Clerk APPROVED AS TO FORM RUTAN & TUCKER, LLP M. Katherine Jenson City Attorney 030 119/015610-0002 431766.07 a 10/03/03 -7 0- DRAFT STATE OF CALIFORNIA ) ss COUNTY OF ) On before me, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed the instrument. Witness my hand and official seal. Notary Public [SEAL] STATE OF CALIFORNIA ) ss COUNTY OF __ ) On before me, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed the instrument. Witness my hand and official seal. Notary Public [SEAL] 031. 119/015610-0002 431766.07 a10/03/03 -21- DRAFT EXHIBIT "A" LEGAL DESCRIPTION OF SITE n.0 3 .. 119/015610-0002 - 431766.07 a10/03/03 -22- DRAFT EXHIBIT `B" CONDITIONS OF APPROVAL 119NI5630-0002 a31766.07 a10�93/03 -23- .33 EXHIBIT "C" MITIGATION MONITORING PROGRAM PROTECT MONITORING CHECKLIST (CEQA Mitigation Measures) PROJECT NAME FILE NUMBER APPROVAL DATE ENVIRONMENTAL All of the mitigation measures required for this project are consolidated on this checklist for the purpose of monitoring them for completion as a part of the project approval process. Each responsible department/division will assign a deadline for completion of the conditions it has required. Numbers of conditions are entered in the appropriate column. A signature at each point in the approval process indicates completion of conditions required by a responsible department/division at that point in time. Final approval for C of O must be obtained from the Community Development Department. Responsible Department I 11 During / Division Demolition Demolition III Grading Coo - Building COD - Planning PWD- General VI IV Certificate Building V During Of Permit Construction Occupancy VII Other 119/015610-0002 131766.07 a10103/03 -24- Ongoing EXHIBIT "D'a ASSIGNMENT AND ASSUMPTION AGREEMENT FOR HOA 0317) 1191015610-0002 431766.07 aIOM3/03 —25- 036 119/015610-0002 sm 431766.07 00/03A3 -26- EXHIBIT "E" COMPLIANCE CERTIFICATE 119/015610-M02 431766.07 AW3M -27- n 3, 119/015610-0002 431766.07 a]0/03/03 EXHIBIT "F" GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT m