ORD 1860 - Laserfiche WebLink

The City. adopted the Vineyard Avenue Corridor Specific Plan (the "Specific Plan"), on June I, 1999 to guide future development within its boundaD... The Specific Plan sets forth land use. infrastructure, and other policies governing future development of the lands within the Corridor. a key element of which is the realignment of Vineyard Avenue. Prior owners and optionees of the Property processed certain development plans with the City in conjunction with the neighboring parcel. These plans called for creating six lots on the Property, lot line adjustments with the neighboring property, construction of infrastructure to serve the lots. and dedication of right- of-way for a realigned Vineyard Avenue. The City approved PUD- 01 on March 20. 2001 and Vesting Tentative Map 7240 on April 25, 2001. The City also approved a Growth Management Agreement with Delco Builders. the then-optionee, to allow development of the houses within the project to proceed in an orderly, coordinated fashion. This constitutes the initial development plan for the Property (the "Project"). Subsequent approvals, both discretionary and ministerial on the part of the City, remain before any development can occur. The nature of the infrastructure requirements to support development in the eastern sector of the Specific Plan area require up-front construction of the realignment of Vineyard Avenue and construction of most of the utilities within it, a level of infrastructure financing typically beyond the ability of the small Revision # 1~ Draft Data Sales of California Development Agreement Page 2 of 16