CORRESPONDANCE - 11A - Laserfiche WebLink

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ORDINANCE NO. NS-2979 Page 11A-18: Term of Agreement is listed as four years. It should be 55 years. 2.4 t van, The terra of this Agrcurioni shal i cummerse or dw da:c (I he "Corrunenecrncnt Date-) that is the E:ffeelive Date, grid shalt mlitijijkc far a perriod of. ltatTl4lJO(Ill. unless this tens is acidified err extended pursuant to the provisions al" this Agreariaaril. Thereafter, the OWNER shall have no vc5%d right under this Aureemertt, reprdle» of whether or not OWNER leas paid any Development Impact Fce. Page 11A-19 This penalty is not anywhere near enough to incentivize the applicant to complete the project on time, and the penalty amount will do little to help the City. A penalty at least half the development's projected annual income should be considered. This general fund money could be used to help the homeless or improve parks. Extending the construction process will further impact the residents of North Santa Ana due to dust, noise and construction traffic, especially those with property bordering the development. Why settle for less? This general fund money could be used to help the homeless or improve parks if it is collected. The City is potentially giving money away. (b) OWNER shall pay to the City Fitly Thousand Dollars (S50,000) to partially compensate the City for the significant lost revenue to be received by the City had the Project been completed. Page 11A-26: Why would the City give them a no bid $1.4 million contract? The applicant should contribute their $700,000 towards the project. There is no low end protection. (b) Santiago Park Improvement Cnnstntetion. At the City's determination, Owner shall manage and construct the Santiago Park Phase 11 Park Improvements ("Part: Impruvetncnts"i tadjcct to review and approval by the City. The Park Improvemcnts shall mclade, hot are not limited to design, engineering, pennining, construction, and installation of irrigation, landscaping, security lighting and bike trail enhancement, as dewrihed in nitre dctai � on Exhibit G. The total expenditure for the Park Improvemcnts shall not exceed One Million Four Hundred Thousand Dollars (SI,400,000) 1"11hase [1 Expenditure-). The State Coastal Conservancy has notttitil the City that it has allocated up to Two Hundred Fitly Thmeand Dollars ($250,000) for the Design of the Park I mprovements. if and when the City receives the funds, in the event that the D7>agn work for the Park Improvemcnts is less than Two Hundred Fifty Thousand Dollars (S250.000), the City at its sole discretion, may make a request Io State CMIStal Conservancy, and if approved by the Agency, the City will apply the excess gran[ funds to construction as pan of the C i ty's cunt ri hui ion to the Park Improvements. Owner shall be responsible for all aspects of the Fork Improvements, Prior to issuance ofpurntits, Gly shall have the nghts to review, approve, anal accept the design and material quality of the Park [ntproaernenis. Owner shall complete the Park Improvements in a timely fashion, by the earlier of 36 months following issuance by the City the first building permit for the construction of the Development, or prior to issitance of final approval of occupancy for the Development. Followuig complesoo of the Pyk lusprovenents. and no 'later than three years fivrn the issuance of a noliec of acceptance of Park ImprovemeiiK. City shall reimhumeOwner an amount equal to filly percent (50%) of the total oast of the Park Improvements, up to Seven Hundred Thousand Dollars