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ORIENT CORPORATION OF AMERICA, INC. (2)
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ORIENT CORPORATION OF AMERICA, INC. (2)
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Last modified
5/20/2025 4:39:50 PM
Creation date
9/16/2024 3:10:58 PM
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Contracts
Company Name
ORIENT CORPORATION OF AMERICA, INC.
Contract #
A-1993-046
Agency
Planning & Building
Destruction Year
2017
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include municipal laws and regulations which do not interfere with <br />Developer's vested rights to develop and use the Property in <br />accordance with the Approvals. Developer and its successors and <br />assigns and all persons and entities in occupation of any portion <br />of the Property shall comply with such non -conflicting laws and <br />regulations as may from time to time be enacted or amended <br />hereafter. Specifically, but without limitation on the foregoing, <br />such non -conflicting laws and regulations include the following: <br />(1) Taxes, assessments, fees and charges, except as <br />otherwise specifically provided in this Development Agreement; <br />(2) Building, electrical, mechanical, fire and similar <br />codes based upon uniform codes incorporated by reference into <br />the Santa Ana Municipal Code; <br />(3) Laws, including zoning code provisions, 'which <br />regulate the manner in which business activities may be <br />conducted or which prohibit any particular type of business <br />activity on a city-wide basis; and <br />(4) Procedural rules of general City-wide application. <br />(d) Subsequent "Slow/No Growth" Measures. <br />In furtherance of clauses (a) and (b), above, the City <br />and -Developer specifically agree that any subsequently enacted <br />initiatives, referendums, or amendments to the City's General Plan <br />and/or Zoning Code which contain "slow/no growth" measures or which <br />by their terms are intended to, or by operation have such effect, <br />including but not limited to measures governing the timing or <br />sequence of growth, shall have no application to the Development. <br />Notwithstanding any such measures, the mitigation measures required <br />for the Development are limited to those established by this <br />Development Agreement. <br />(e) Rent Control and Condominium Conversion (Office). <br />During the Term of this Development Agreement, any ordinance, <br />regulation, or condition which would (i) directly or indirectly <br />artificially control or otherwise restrict commercial or office <br />rents charged within the Development or (ii) apply directly or <br />indirectly to the conversion of office rental units to office <br />condominiums within the Development, shall not be applicable to the <br />Development. <br />10. Contributions by Developer. <br />In consideration of the City entering into this Develop- <br />ment Agreement, Developer has agreed to provide certain contribu- <br />tions with respect to improving the Property and the general area <br />0 <br />
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