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HomeMy WebLinkAbout2.0_Hoag Development Agreement 10-Year Extension_Staff Presentation_PA2021-184Hoag Development Agreement Extension One Hoag Drive Planning Commission Public Hearing September 9, 2021 Planning Commission - September 9, 2021 Item No. 2a - Additional Materials Presented by Staff Hoag Development Agrement 10-Year Extension (PA2021-184) Community Development Department -Planning Division 2 Planning Commission - September 9, 2021 Item No. 2a - Additional Materials Presented by Staff Hoag Development Agrement 10-Year Extension (PA2021-184) Hoag will exercise development rights, but needs to time to plan In exchange for the Term extension, Hoag will provide a $3 million public benefit to City In 2030, Hoag is required to submit conceptual plans to the City Council for review. No changes to development limits of the Agreement. Updated Terms Community Development Department -Planning Division 3 Hoag DA Extension Planning Commission - September 9, 2021 Item No. 2a - Additional Materials Presented by Staff Hoag Development Agrement 10-Year Extension (PA2021-184) Recommended Action 1.Conduct a public hearing 2.Find all significant environmental concerns have been addressed in previously certified EIRs 3.Adopt Resolution No. PC2021-026 recommending City Council adoption of Development Agreement No. DA2021-001 Community Development Department -Planning Division 4 Planning Commission - September 9, 2021 Item No. 2a - Additional Materials Presented by Staff Hoag Development Agrement 10-Year Extension (PA2021-184) For more information Contact Questions?Patrick Achis, Assistant Planner 949-644-3237 pachis@newportbeachca.gov www.newportbeachca.gov Community Development Department -Planning Division 5 Planning Commission - September 9, 2021 Item No. 2a - Additional Materials Presented by Staff Hoag Development Agrement 10-Year Extension (PA2021-184)