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Item 16 - Annual Review of Development Agreement with Environmental Development AGENDA REPORT SUMMARY ~ TO: Honorable Mayor and Members of the City Council FROM: James L. Bowersox, City Man~ " INITIATED BY: John D. Fitch, Assistant City Manager~~ DATE: December 19, 1995 SUBJECf: Annual Review of Development Agreement with Environmental Development ABSTRACf California Government Code Section 65B65.1 requires that the City Council annually review compliance with the terms of Development Agreements that have been entered into with developers. It is recommended that the City Council find that Environmental Development has complied with the terms of the Development Agreement for the development of Old Coach Estates. ENVIRONMENTAL REVIEW - This item is not subject to CEQA review. - FISCAL IMPACf None. ADDITIONAL PUBLIC NOTIFICATION AND CORRESPONDENCE A-copy of this report has been sent to Environmental Development. RECOMMENDATION It is recommended that the City Council find that Environmental Development has demonstrated good faith compliance with the terms of the Development Agreement entered into on November 27, 1990. ACfION c:\reports \ua-envusum .- 1 of 3 DEC 1 9 1995 ITEM 16 --".~"_.- ---~~ -----~,----- ~AGENDA REPOR.. CITY OF POW A Y This report is included on the Consent Calendar. There will be no separate discussion of the report prior to approval by the City Council unless members of the Council. staff or public request it to be removed fro~ ~e ~onsent Calendar and discussed separately. If you wish to have this report pulled for discussion, please fitl out a slip indICating the report number and give it to the City Clerk prior to the beginning of the City Council meeting. TO: Honorable Mayor and Members of the City Council FROM: James L. Bowersox, City Man~ _^ INITIATED BY: John D. Fitch, Assistant City Manager~\~ DATE: December 19, 1995 SUBJ ECT : Annual Review of Development Agreement with Environmental Development BACKGROUND Dn November 20, 1990, the City of Poway entered into a Development Agreement with Environmental Development to provide for the development of Old Coach Estates. On August 25, 1992, the City Council approved an amendment to the Development Agreement that, in part, extended the performance dates within the Development Agreement by 18 months. The requisite periodic review of compliance under the Development Agreement must take place prior to the - calendar year-end each year hereafter. FINDINGS Attached is a letter from the developer which accurately describes the progress that has been made to date. Staff has determined that the work accomplished under the Development Agreement is in compliance with the provisions of the South Poway Community Plan and the Development Agreement. - FISCAL IMPACT None. PUBLIC NOTIFICATION AND CORRESPONDENCE A copy of this report has been sent to Environmental Development. RECOMMENDATION It is recommended that the City Council find that Environmental Development has demonstrated good faith compliance with the terms of the Development Agreement entered into on November 20, 1990. Attachment: Letter from Environmental Development. eb:\da.envir.94 ACTION: l 2 of 3 )) DEe 1 9 1995 ITEM 16 ENVIRONMENTAL DEVELOPMENT November 29, 1995 RECEIVED Mr John Fitch DEe - 4 1995 Assistant City Manager C/TYOFPOWAY City of Pc way P,O, Box 789 CITY MANAGERS OFFICE Poway, CA 92074-0789 Dear John: - We are currently discussing the development of the golf course with a number of interested lenders, It is our intent to begin construction of the first 18 holes by the summer of 1996, We hope that there will also be some development activity on the residential portion of Parcel 1 by the second quarter of 1996, Please give me a call if you have any questions, - Sincerely, ----- /5-c./...u. Bruce E Tabb BET Ikm DEe 1 9 1995 ITEM 16 3 of 3 401 WEST A STREET, SUITE 1815. SAN DIEGO. CA 92101 . [619J 696.7355. FAX 696.7487 --~-,.,---------"--'- ~-~---,--,----~------~._-~