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<br />The review process will apply to the temporary installation of a Staples <br />Ranch neighborhood information/sales center at the current easterly <br />terminus of Stoneridge Drive to help inform residents of the proposed <br />prqject. Application for the Staples Ranch neighborhood/sales center may <br />be submitted UpOll approval of this MOU and installation is subject to <br />approval of the Planning Commission and the City Council. <br /> <br />c. Both Parties shall use best efforts to finalize applications, submit <br />informatiOll, and complete reviews expeditiously, recognizing that time is <br />of the essence. Exhibit C is an outline of the necessary entitlement <br />process and an estimate of the time required for each step of the process <br />and shall serve as a guideline for both parties in meeting their respective <br />commitments. Both parties recognize that significant delays beyond the <br />times indicated in Exhibit C may result in termination of the HENDRICK <br />Purchase and Sale Agreement. <br /> <br />d. SPA and CITY recognize that the development is subject to National <br />Pollutant Discharge Elimination System permit requirements as <br />administered by the Regional Water Quality COIItrol Board and that the <br />SPA, CITY and Buyers will work cooperatively to develop a plan(s) to <br />meet the requirements. <br /> <br />e. SPA agrees to pay the CITY's costs for third-party consultants required <br />during the review process, including but not limited to enviromnental and <br />traffic consultants, following the receipt of CITY's written request(s) to <br />pay such costs as they occur. <br /> <br />3. PROPOSED SPECIFIC PLAN CHANGES <br />SPA intends to file, and CITY will expeditiously process and consider, <br />Specific Plan amendment that will contain the following: <br /> <br />a. Land Use: ModifY the Staples Ranch land uses and location ofuses to <br />conform to those shown conceptually in Exhibit B, specifically <br />designating (1) the 45:t area westerly of the current Airport Protection <br />Area as the site for a senior continuing care community, with up to 800 <br />units plus supporting skilled nursing facilities, (2) the northeast 36:!: <br />acres at the EI Charro interchange as the Auto Mall Site, with a <br />potential expansion up to 41 acres, (3) the site adjacent to the Arroyo <br />Mocho as a 17-acre community park, and (4) the balance of the land as <br />future retail/office uses. <br /> <br />b. CirculatiOll: Modify the Specific Plan's EI Charro Road configuration <br />to simplifY the intersection at Jack LondonlStoneridge Drive ("Auto <br />Mall Place" 011 Exhibit B) by making this an at-grade signalized <br />intersectiOll allowing for phased future improvements as required, with <br />appropriate alignment southerly of that intersection to provide <br /> <br />3 <br />