File #: 18-2292    Version: 1 Name:
Type: Public Hearings Status: Passed
File created: 11/9/2018 In control: Planning and Housing Commission
On agenda: 11/26/2018 Final action: 11/26/2018
Title: DA15-001 Amendment: First amendment to the Arantine Hills Development Agreement (DA15-001) to include and extend the development rights and obligations of the original development agreement to the 31.2 acres proposed to be added to the project area by SPA2018-0001, an application to amend the Arantine Hills Specific Plan (SP09-001) located west of Interstate 15, south of Eagle Glen Parkway, (Applicant: John Sherwood of Arantine Hills Holdings, LP, 85 Enterprise, Suite 405, Aliso Viejo, CA 92656).
Attachments: 1. Staff Report, 2. Exhibit A - Development Agreement 15-001 (First Amendment) Redline Version, 3. Exhibit B - Development Agreement 15-001 (First Amendment) Clean Final Version
PLANNING AND HOUSING COMMISSION
STAFF REPORT



DATE: 11/26/2018

TO: Honorable Chair and Commissioners

FROM: Community Development Department

APPLICATION REQUEST:
Title
DA15-001 Amendment: First amendment to the Arantine Hills Development Agreement (DA15-001) to include and extend the development rights and obligations of the original development agreement to the 31.2 acres proposed to be added to the project area by SPA2018-0001, an application to amend the Arantine Hills Specific Plan (SP09-001) located west of Interstate 15, south of Eagle Glen Parkway, (Applicant: John Sherwood of Arantine Hills Holdings, LP, 85 Enterprise, Suite 405, Aliso Viejo, CA 92656).

End
RECOMMENDED ACTION:
Recommended action
That the Planning and Housing Commission recommend APPROVAL of DA15-001 (First Amendment) to the City Council based on the findings contained in the staff report.

Body
BACKGROUND
The Arantine Hills Development Agreement (DA15-001) was originally adopted by the City Council in 2016. The Agreement established that a limited amount of residential development within the Arantine Hills Specific Plan could proceed while the construction of certain infrastructure for the planned community was occurring such as water, sewer, traffic signals and the Cajalco interchange. Fair share contribution and/or construction related to these infrastructure upgrades was also memorialized in the Agreement.

The initial term of the agreement was approved at ten years with automatic five-year extensions not exceeding a total term of 20 years if certain milestones were met on the project. The Agreement provided for development impact fees (DIF) to be locked-in at the rate on the date the Agreement was to go into effect except for pass-through fees collected by the city on behalf of other agencies such as the Transportation Uniform Mitigation Fee (TUMF), the Multiple Species Habitat Conservation Plan (MSHCP) as well as the city's Department of Water and Power water an...

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