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HomeMy WebLinkAbout2010 - 25 - Ad hoc Committee to Negotiate the Conexant Development AgreementRESOLUTION NO. 2010 -25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ESTABLISHING AN AD HOC COMMITTEE TO NEGOTIATE THE CONEXANT DEVELOPMENT AGREEMENT WHEREAS, Conexant submitted an application for a mixed -use development on its respective properties; and WHEREAS, Policy LU 6.15.12 requires the execution of development agreements for all projects that include infill (additive) residential units. The Development Agreement shall define the improvements and public benefits to be provided by the developer in exchange for the City's commitment for the number, density, and allocation of the housing units. NOW, THEREFORE, the City Council of the City of Newport Beach hereby resolves as follows: Section 1. Establishment An Ad Hoc Committee is hereby established for the purpose of negotiating the Conexant Development Agreement. Section 2. Duties of the Committee The Committee shall have the following duties: A. Work with City staff and designated representatives of Conexant on possible terms and conditions of the Development Agreement. B. Recommend to the City Council action on potential terms and conditions of the Development Agreement. Section 3. Composition of the Committee The Committee shall consist of City Council Members Ed Selich and Steven Rosansky appointed by, and serving at the pleasure of, the Mayor. Section 4. Duration of the Committee The Committee shall expire at such time as the Committee completes its negotiations with Conexant and its recommendations of potential course of action are transmitted to the City Council for consideration. ADOPTED THIS 23rd DAY OF MARCH 2010. Mayor ATTEST: City Cler STATE OF CALIFORNIA } COUNTY OF ORANGE CITY OF NEWPORT BEACH } I, Leilani I. Brown, City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; that the foregoing resolution, being Resolution No. 2010 -25 was duly and regularly introduced before and adopted by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 23rd day of March, 2010, and that the same was so passed and adopted by the following vote, to wit: Ayes: Selich, Rosansky, Henn, Webb, Gardner, Daigle, Mayor Curry Noes: None Absent: None Abstain: None IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 24th day of March, 2010. c ' b mv�-� City Clerk Newport Beach, California (Seal)