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HomeMy Public PortalAboutResolution 84-23071 1 1 RESOLUTION NO. 84 -2307 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMPLE CITY, PERTAINING _ TO THE ESTABLISHMENT OF PROCEDURES FOR ADOPTING "DEVELOPMENT AGREEMENTS." THE CITY COUNCIL OF THE CITY OF TEMPLE CITY DOES RESOLVE, ORDER, AND DETERMINE AS FOLLOWS: WHEREAS, presently uncertainties exist in the implementation of real estate development projects, involving waste of resources, escalation of costs, discouragement to investment and negation of good faith commitment to comprehensive planning; and WHEREAS, strengthening of the planning process and the protection of private investments in future private real estate development ventures are needed to attain these collation private and public concerns; and WHEREAS, the Municipal Code has not established procedures to ac- commodate this mutual interest between the private parties and public agencies; and WHEREAS, California Government Code, Sections 65864- 65869.5, author- izes cities to enter into binding development agreements with persons having legal or equitable interests in real property for the development of such property, and authorizes the City Council to establish procedures for consideration of applications for such agreements; and WHEREAS, it is in the public interest to do so and the public health, safety and welfare will be promoted thereby. NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF TEMPLE CITY HEREBY ESTABLISHES THE FOLLOWING PROCEDURES FOR DEVELOPMENT AGREEMENTS: SECTION 1. Persons having legal or equitable title to real property within the city, or their authorized agents, may apply for a development agreement with the city. SECTION 2. The City Council may enter into binding development agree- ments submitted, considered and approved in accordance with the provisions of this resolution. SECTION 3. Applications for development agreements shall be submitted in accordance with the Precise Plan Procedures as contained in Section 9446 of the Municipal Code, wherever applicable. SECTION 4. Hearings shall be held, and notices therefor shall be executed, in accordance with the Code. Amendments, modifications, can- cellations, in whole or in part, pertaining to development agreements may be executed by mutual consent of the parties with advertised public hearings. SECTION 5. Ten (10) days after a public hearing and adoption of a development agreement, or revision of a development agreement, the final document as adopted or modified shall be recorded in the County Recorder's Office. SECTION 6. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED THIS 18th day of September, 1984. ATTEST: Oatba Chief De ty City, ;�}e� Resolution No. 84 -2307 Page 2 I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Temple City at a regular meeting held on the 18th day of September, 1984, by the following vote of Council: AYES: Councilmen- Atkins, Dennis, Gillanders, Tyrell, Swain NOES: Councilmen -None ABSENT: Councilmen -None