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<br />In addition to the above, Section 4 (D) contains language establishing a right of way that could <br />be used for an extension of Stoneridge Dr. to EI Charro at some time in the future should there <br />be an interest on the part of the City to do so. Essentially, the language indicates that the final <br />map will establish the right of way which could be used for public utilities, emergency access or <br />other purposes that are mutually agreed upon by the City and the County; provided that it will <br />not be used in any way that would impair the potential use as a public roadway. The City <br />anticipates the right of way will be used for public utilities, the proposed emergency vehicle <br />access road and to support adjacent land uses. As an example, if Hendrick Automotive acquires <br />land adjacent to the right of way, the City may allow interim parking and landscaping for the <br />dealership within the right of way. Uses inconsistent with those mentioned above require <br />mutual approval between the City and the County. The right of way may not be used for public <br />purposes such as a trail or City park or for stand-alone facilities. <br /> <br />The right of way will remain the property of the City except that if the City removes from the <br />General Plan the complete extension/connection of Stoneridge Drive to El Charro, that portion <br />of the right of way that is not intended to be improved as a public street (as shown on the <br />development plan) will revert to the Authority's ownership. If this occurs, any development in <br />the right of way is subject to City approval and in accordance with the MOU; the County agrees <br />not to build Stoneridge Dr. <br /> <br />FISCAL IMPACT <br /> <br />There is no direct fiscal impact in approving this MOU other than committing the City to an <br />aggressive processing schedule. <br /> <br />RECOMMENDATION <br /> <br />With the understanding that approval of the MOU (and the attached exhibits) limits in no respect <br />the Council's discretionary authority concerning this proposed project, staff recommends that <br />Council authorize the City Manager to sign the MOU. <br /> <br />Respectfully Submitted <br /> <br /> <br />f~~ ~~ <br /> <br />Assistant City Manager Planning Director <br /> <br />/)Jri Jtad K <br /> <br />Aiv <br /> <br />Michael Roush <br />City Attorney <br /> <br />Nelson Fialho <br />City Manager <br /> <br />Attachments <br /> <br />SR:06: 100 <br />Page 4 <br />