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FIRST AMENDMENT TO AMENDMENT AND RESTATEMENT OF THE <br /> 1992 AGREEMENT BETWEEN THE CITIES OF SANTA ANA AND IRVINE <br /> THIS FIRST AMENDMENT ("Amendment") to the above-referenced Restatement is <br /> entered into and shall be effective on this day of , 2025 by and <br /> between the City of Santa Ana, hereinafter referred to as "Santa Ana," and the City of <br /> Irvine, hereinafter referred to as "Irvine." Santa Ana and Irvine are collectively referred to <br /> as the "Parties." <br /> RECITALS <br /> A. WHEREAS, on November 24, 1992 the Parties entered into an Agreement entitled <br /> "Implementation of Roadway and Interchange Mitigation Program for EIR 88-ZC- <br /> 0087" ("1992 Agreement."). <br /> B. WHEREAS, on July 13, 2010 Irvine certified an Environmental Impact Report for <br /> certain General Plan Amendments and Zone Changes that are collectively known <br /> as the "IBC Vision Plan." That same evening, Irvine approved the General Plan <br /> Amendment for the IBC Vision Plan, and conducted a first reading for the Zone <br /> Change for the IBC Vision Plan. On July 27, 2010, Irvine conducted a second reading <br /> for the Zone Change for the IBC Vision Plan. The IBC Vision Plan is hereinafter <br /> referred to as the "Project." The Project is generally bounded by the former Tustin <br /> Marine Corps Air Station (MCAS) to the north, the San Diego Creek channel to the <br /> east, John Wayne Airport and Campus Drive to the south and State Route 55 (SR- <br /> 55) to the west. The Project is bordered by the cities of Newport Beach, Santa Ana, <br /> Costa Mesa and Tustin. The Project includes and/or contemplates (i) an increase in <br /> total units in the Irvine Business Complex ("IBC") from 9,401 units to 15,000 units, <br /> and (ii) a reduction of 2,715,062 square feet of nonresidential development <br /> (measured in office equivalency). In addition, a total of 2,038 density bonus units <br /> could be allowed (and are therefore assumed as part of the Project) in accordance <br /> with state law, resulting in a total of 17,038 units; and <br /> C. WHEREAS, the Project involves the same land area - the IBC - that was the subject <br /> of certain Irvine General Plan Amendment and Irvine Zoning Code Amendments <br /> Page 1 of 4 <br />