HomeMy WebLinkAbout09 - Newport Coast Annexation and Development Agreement Extension (PA2015-165)November 7, 2016
Agenda Item No. 9
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Kimberly Brandt, Community Development Director - 949-644-3232,
kbrandt@newportbeachca.gov
PREPARED BY: Gregg Ramirez, Senior Planner, gramirez(a),newportbeachea.gov
PHONE: 949-644-3219
TITLE: Newport Coast Annexation and Development Agreement Extension
(PA2015-165)
Newport Coast and Newport Ridge
ABSTRACT:
The applicant requests to extend the term of the Annexation and Development
Agreement between the City of Newport Beach (City) and Irvine Company and. -Irvine
Community Development Company concerning the Newport Coast and Adjacent
Properties (Agreement) as specified in Section 10.1 of the Agreement from January 1,
2017 to January 1, 2032, a fifteen year extension. The proposed amendment also
includes the payment of public benefit fees to the City- No other changes, including
changes to commercial and residential development capacity, are proposed.
RECOMMENDATION:
Continue the public hearing to the November 22, 2016 City Council meeting.
DISCUSSION:
The proposed continuance will provide staff and the applicant the additional time
necessary to complete the discussions on the proposed Agreement terms.
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