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AgdaPkt 2021.01.11 Amended Joint SA PFA
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AgdaPkt 2021.01.11 Amended Joint SA PFA
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Last modified
1/13/2021 8:57:42 AM
Creation date
1/11/2021 11:30:01 AM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/11/2021
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6.B. -Page 51 of 117 <br />Section 5.9 Sanitary Sewer and Potable Water Capacity. City has found the Project to <br />be consistent with the General Plan which anticipates that there will be sufficient potable water <br />supply and dry weather sanitary sewer treatment capacity to serve future development <br />contemplated by the General Plan, including the Project. However, as noted in Section 5.1 above, <br />nothing in this Agreement is intended to exempt the Project or the Property from any water use <br />rationing requirements that may be imposed on a City-wide basis from time to time in the future <br />or be construed as a reservation of any existing sanitary sewer treatment capacity or potable water <br />supply. <br />Section 5.10 Conditions of Subsequent Approvals. No conditions imposed on <br />Subsequent Approvals shall require dedications or reservations for, or construction or funding of, <br />public infrastructure or public improvements beyond those included in the Existing Approvals, <br />except as required or expressly permitted by this Agreement. <br />Section 5.11 Project App_rovaIs and Applicable City Regulations. Prior to the Effective <br />Date, the Parties shall have prepared two (2) sets of the Existing Approvals and Applicable City <br />Regulations, one (1) set for City and one (1) set for Developer, to which shall be added from time <br />to time, Subsequent Approvals, so that if it becomes necessary in the future to refer to any of the <br />Project Approvals or Applicable City Regulations, there will be a common set available to the <br />Parties. Failure to include in the sets of Project Approvals and Applicable City Regulations any <br />rule, regulation, policy, standard, or specification that is within the Applicable City Regulations <br />and Project Approvals as described in this Agreement shall not affect the applicability of such rule, <br />regulation, policy, standard, or specification. <br />ARTICLE 6. FEES, TAXES AND ASSESSMENTS <br />Section 6.1 Developer Fees. <br />A. Impact Fees <br />(1) For the period commencing on the Effective Date and continuing for <br />the Term, Developer shall pay when due all Existing Impact Fees applicable to the Project in <br />accordance with this Agreement in effect as of the Effective Date at the rates in effect as of the <br />Effective Date, subject to any rate escalators in effect on the Effective Date or in the absence of <br />any built in rate escalators, the Default Escalator. Developer shall not be required to pay any <br />escalation in an Existing Impact Fee in excess of the applicable rate escalator in effect on the <br />Effective Date or in the absence of a built in rate escalator, the Default Escalator. For the period <br />commencing on the Effective Date and continuing until the second (2"d) anniversary of the <br />Effective Date (the "Impact Fee Lock Period"), City shall not charge and Developer shall not be <br />subject to any New Impact Fee(s). Notwithstanding the foregoing or any other provision hereof <br />to the contrary, following expiration of the Impact Fee Lock Period, City may charge and, subject <br />to Developer's right to protest and/or pursue a challenge to any New Impact Fee as set forth in <br />California Government Code Section 66020, Developer shall pay any and all New Impact Fees <br />imposed by City; provided, however, City shall only require Developer to pay New Impact Fees <br />that are uniformly applied by City to all substantially similar types of development projects and <br />properties. <br />28 <br />OAK #4843-3885-9090 v 1 <br />ATTY/AGR/2018.094/STRADA DEVELOPMENT AGREEMENT <br />REV: 07-27-18 VR <br />Page 28 of 94 <br />
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