RES 83236 - Laserfiche WebLink

'ibe i~dderi~n~'= o]= ','aul~on Wa~.~ conteru,~iated by City ~ll affect the= ~e',~e]oprnant of Ceuber~o'inte as a~t-oved and will necessitate modification o{ some of the improvements already constructed on the Centerpofnte site. In particular, the widening of Car, yon Way will reduce the number of on.-site parking spaces in Centeruointe and necessitate redes~.~f the on-site parkfng area. D, Footh~].] ,,,ishes to r'e~ise the on--~:ite par~-~ng ~lan to ;eplace tbc on-site p~-king sr~ac~-s lost due to the widening of Canyon Way Foothill further wishes assurance that future develo[,r'~ent of Pad A may r, roceed in accordance with the prior approval despite the loss of some site area due ~o the widening of CanFsn Way. E. Foothill further seeks assureace that the revisions to the site Plan contemplated bF Foothf[1 and the C~ty her'e in meet tba requirements {~f the CC&R's %oveKrdng their development of the Center~ointe site in order to ensure that future conte~nplated development and use of the site is consistent w~th those CC&~'s and the a-o~rova] of the former developraent plan. F, City and Foothill have reached r.~utual under- standing with respect to the resolution of City's ac~nis~ion of the necessary right-of--~,~ay for the wffdening of Canyon Way, for the replacement of lost parking spaces, and for revision of the parking area to enable Foothill to develop Centerpointe substantially as approved by the City in Case Z-81-117 and Case Z-.82-160~ and the parties wish to set forth their mutual understanding~ in this AEreement. NOW, fallows; 1 the condjtions THEREFORE, the par'ties hem eta agree as 9_ra!~_t..o.f_'__.R_~f~h_~;lof._.~a~l. Upon satisfaction uf set forth ~n Sectio,a 4, Foothi 11 shall grant