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<br />Resolution No. 2019-xx <br />Page 1 of 10 <br /> <br /> <br /> <br /> <br /> RESOLUTION NO. 2019-xx <br /> <br />A RESOLUTION OF THE PLANNING COMMISSION OF <br />THE CITY OF SANTA ANA RECOMMENDING CITY <br />COUNCIL ADOPTION OF AN ORDINANCE APPROVING A <br />DEVELOPMENT AGREEMENT BETWEEN THE CITY OF <br />SANTA ANA AND AC 2525 MAIN, LLC FOR CERTAIN <br />REAL PROPERTY LOCATED AT 2525 NORTH MAIN <br />STREET WITHIN THE CITY OF SANTA ANA PURSUANT <br />TO CALIFORNIA GOVERNMENT CODE SECTION 65864, <br />ET SEQ. <br /> <br />WHEREAS, the City of Santa Ana (“City”) is authorized pursuant to Government <br />Code Sections 65864 through 65869.5 to enter into development agreements with <br />persons having legal or equitable interests in real property for the purpose of <br />establishing certainty for both City and owner in the development process; and <br /> <br />WHEREAS, the City has found that development agreements strengthen the <br />public planning process, encourage private participation in comprehensive planning by <br />providing a greater degree of certainty in that process, reduce the economic costs of <br />development, allow for the orderly planning of public improvements and services, <br />allocate costs to achieve maximum utilization of public and private resources in the <br />development process, and ensure that appropriate measures to enhance and protect <br />the environment are achieved; and <br /> <br />WHEREAS, the City enters into this Development Agreement pursuant to the <br />provisions of the Government Code and applicable City policies; and <br /> <br />WHEREAS, AC 2525 Main, LLC (“Developer”) proposes to develop a 5.93-acre <br />site located in the City of Santa Ana, more particularly described in Exhibit A, attached <br />hereto and incorporated herein by this reference (“Property”) for residential uses on the <br />Property (“Project”); and <br /> <br />WHEREAS, the Environmental Impact Report prepared for this project <br />analyzed the impacts related to the proposed amendment to the Development <br />Agreement; and <br /> <br />WHEREAS, consistent with State CEQA Guidelines section 15087(e), <br />Environmental Impact Report No. 2018-01 (State Clearinghouse No. 2018021031) for <br />the proposed Project was circulated for a 45-day review period beginning August 7, <br />2018 and ending September 21, 2018; and <br /> <br />EXHIBIT 2 <br />2-553