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ORD 423ORDINANCE NO. 423 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, APPROVING AN AMENDMENT TO A DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF LA QUINTA AND CP DEVELOPMENT LA QUINTA, LLC DEVELOPMENT AGREEMENT 2003-006, AMENDMENT NO. 2 WHEREAS, California Government Code Section 65864 et seq. (the "Development Agreement. Law") authorizes cities to enter into binding development agreements with personshaving a legal or equitable interest in real property for the development of such property, all for the purpose of strengthening the public planning process, encouraging private participation and comprehensive planning, and identifying the economic costs of such development; and WHEREAS, on or about December 18, 2003, the City Council of the City of La Quinta ("City" or "City Council," as applicable) entered into Development Agreement No. 2003-006 with CP Development La Quinta, LLC (the "Developer") _ pursuant to California Government Code Section 65864 et seq. and Section 9.25.030 of the City's Municipal Code (the "Original Development Agreement"); and WHEREAS, on or about October 28, 2004, the City Council of the City of La Quinta ("City" or "City Council," as applicable) entered into that certain Amendment No. 1 to Development Agreement with Developer to revise the transfer provisions set forth therein ("Amendment No. 1 "); and WHEREAS, the Original Development Agreement, as modified by Amendment No. 1, is hereinafter referred to as the "Development Agreement"); and WHEREAS, City staff and the Developer have negotiated an amendment to the Development Agreement ("Amendment No. 2") to modify the description of Developer's intended project; and WHEREAS, concurrently with the Developer's negotiations with the City regarding Amendment No. 2, Developer is processing through the City an amendment to Specific Plan 2001-055 (the "Specific Plan Amendment") and an amendment to a Disposition and Development Agreement entered into between the Developer and the La Quinta Redevelopment Agency (the "Agency") concurrently with the City's and Developer's entry into the Original Development Agreement (the "DDA Amendment") to permit the requested revisions to the Developer's intended project; and Ordinance No. 423 Development Agreement 2003-006, Amendment #2 CP Development La Quinta, LLC and City of La Quinta Adopted: November 15, 2005 Page 2 WHEREAS, the Planning Commission of the City did on the 1 1 to day of October, 2005, hold a duly noticed Public Hearing to consider Amendment No. 2 and the recommendation of the Planning Commission for approval has been received by the City Council; and WHEREAS, the City Council of the City of La Quinta, California ("City Council"), did on the 1 st day of November, 2005, hold a duly noticed public hearing to consider Amendment No. 2; and WHEREAS, at said City Council Public Hearing, upon hearing and considering all testimony and arguments, if any, of all interested persons wanting to be heard, said City Council did make the following mandatory findings to justify approving Amendment No. 2: 1. The proposed Amendment No. 2 is consistent with the objectives, policies, general land uses and programs of the City of La Quinta General Plan and Specific Plan 2001-055, as modified by the Specific Plan Amendment. 2. The property is within the Tourist Commercial, Medium Density Residential, Office Commercial and Park Districts of the General Plan which permits the proposed use and the proposed use is consistent with the goals, policies and intent of the La Quinta General Plan Land Use Element (Chapter 2). 3. The land uses authorized and regulations prescribed for Amendment No. 2 will be compatible with the zoning and its related regulations upon approval of the Specific Plan Amendment. The site is zoned Tourist Commercial, Medium Density Residential Commercial and Park which permits the proposed uses provided the Specific Plan Amendment is approved and certain other conditions are met. 4. The proposed Amendment No. 2 conforms with public convenience and the general welfare by providing for extensive public improvements and conforms to good land use practice by requiring the development of a commercial development. 5. Approval of Amendment No. 2 will not be detrimental to the health, safety, and general welfare since adequate provision has been made in previous City approvals to provide for necessary and desirable improvements and since these approvals are incorporated herein. Ordinance No. 423 _- Development Agreement 2003-006, Amendment #2 CP Development La Quinta, LLC and City of La Quinta Adopted: November 15, 2005 Page 3 6. Approval of Amendment No. 2 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, phased growth. 7. Consideration of Amendment No. 2 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. WHEREAS, all actions required to be taken by the City precedent to the adoption of this Ordinance have been regularly and duly taken. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of La Quinta, California that it does ordain as follows: SECTION 1. APPROVAL. The City Council hereby approves and adopts — Amendment No. 2 in the form presented to the City Council concurrent with the approval and adoption of this Ordinance, subject to the Agency's adoption of a resolution approving the DDA Amendment and the City Council's adoption of a resolution approving the Specific Plan Amendment, and the City Council hereby authorizes and directs the Mayor to sign Amendment No. 2 on behalf of the City, and the City Clerk to record Amendment No. 2 in the Official Records of Riverside County in accordance with applicable law. SECTION 2 ENVIRONMENTAL. Amendment No. 2 has complied with the requirements of "The Rules to Implement the California Environmental Quality Act of 1970" as amended (Resolution 83-68), in that the La Quinta Community Development Department has completed Environmental Assessment (EA) 2005-551, an Addendum to the previously certified EA 2001-436. This Addendum to the previously certified Mitigated Negative Declaration of environmental impact has been certified by the City Council. SECTION 3. EFFECTIVE DATE. This Ordinance shall be in full force and effect thirty (30) days after its adoption. SECTION 4: POSTING. The City Clerk shall certify to the passage and adoption of this Ordinance, and shall cause the same to be posted in at least three public places designated by resolution of the City Council, and shall cause this Ordinance and its certification, together with proof of posting, to be entered into the Book of Ordinances of this City. Ordinance No. 423 Development Agreement 2003-006, Amendment #2 CP Development La Quints, LLC and City of La Quinta Adopted: November 15, 2005 Page 4 PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta City Council held on this 151h day of November, 2005, by the following vote: AYES: Council Members Henderson, Sniff, Mayor Adolph NOES: None ABSENT: Council Members Osborne, Perkins ABSTAIN: None U I l DON ADOI-0151, MA4or City of La Quinta, California ATTEST: . GREEK, CM ' y Clerk City of La Quinta, California (CITY SEAL) APPROVED AS TO FORM: M. KATHE E JENSO , City Attorney City of La Quinta, California Ordinance No. 423 Development Agreement 2003-006, Amendment #2 CP Development La Quinta, LLC and City of La Quinta Adopted: November 15, 2005 Page $ STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) ss. CITY OF LA QUINTA ► I, JUNE S. GREEK, City Clerk of the City of La Quinta, California, do hereby certify the foregoing to be a full, true, and correct copy of Ordinance No. 423 which was introduced at a regular meeting on the 1" day of November, 2005, and was adopted at a regular meeting held on the 15" day of November, 2005, not being less than 5 days after the date of introduction thereof. I further certify that the foregoing Ordinance was posted in three places within the City of La Quinta as specified in City Council Resolution 98-109. J 5�� S. GREEK, C , ity Clerk City of La Quinta, California DECLARATION OF POSTING I, JUNE S. GREEK, City Clerk of the City of La inta, California, do hereby certify that the foregoing ordinance was posted on f/ /,Vo2o�S pursuant to Council Resolution. JLWeS. GREEK, C ity Clerk City .of La Quinta, California