7C, Planning Case 10-008 - Arden Plaza Master & Final PUD

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�. Landscape Pla.n dated �Vlarch 29, 2010. 4. Elevation Plan A-300 dated March 26, 2010. 3.fl City Plannin� Con�mission �eview and Recor��endations. On the Sth day of Nia�, 201 �, at a�ublic hearing, t�e City Planning Commission considered the request of Arden �'laza to approve Amendment �o. l, the reports a�d con�ments o� the City's staff and consu�tants, the reports and comments of Arden Plaza, public comments and recommended approval of A�end�nent No. l, subject to certain conditions. 4.0 City Counci� Review. (Jn t�ie 14th day of J�.ne, 2010, t�e City Council reviewed tl�e �equest of Arden Plaza to approve A�nen�ment No. l, the reports and con�n�ents of the City's staff and consu�tants, the reports and co�ler�ts of Arclen Plaza, the reco��nendations of the Planning Comnlissio�, and, approved An�end�en� No. l, subject to the tei-�ns and condition contained herein. 5.0 Ter�s and Conditions. In consideration of the City's redeve�opn�ent a�prova�; in compiiance with the City's development regulations; and in conside�ation of the undertal�ir�gs expressed herein, t�e parties agree t�at Sections 5{A�(1), S�A�(2j, 5(�)�3), an�. 5{B)t2) o� the �riginal Redevelopment Agreement are a�nended to read; and that Section 5(A)(11) is added to �he Original Redevelopment Agreement to read as follovvs: A. Section S(A�� 1). Arden Plaza s�ial� appl� for and obtair� building permits for P�ase I of the Redevelopment Proj ect no later than June 1, 2011 or, at least fo�ty- �ive t45) days �rior to such date, shall request an extension of time to obtain building permits for Phase I. Failure to either o�tain building perm�ts or reques� a� ex�ension within th� required time �eriods me�.ns that any redevelopment of t�e area included in Phase I may re�uire �.n amendment to the PL�D-Master Plan and shali require compliance with the City's then current development . �egu ations. �. Section 5 A�2). Arden Plaza shall apply for the P�JD-Final P�an for Phase �I of the Redeve�opment Proj ec� no later t�an June l, 20 � 3 or, at least forty-five t45 ) days prior to such date, shall request an extension of tirne to apply for the PUD- Final �'lan for Phase II of the �edevelo�ment Project. Failure to ap�ly for either and approval or an extension within the required time periods mear�s that any redevelopment of the area included in Phase II shall require an a�ne�dment to �he PUD-Master P1an and the redevelopn�ent of the area inc�uded in �'hase II shall comp�y with the then current City regulations. Arden Plaza shall provide yearly updat�s to the City at the end of each year regarding the status of futu�e phases. C. Section {5 �A)�3). Arder� Plaza shail apply for a PUD-Fi�al Plan for Phase �II of the Redev�lopment Proj ect no �ater than �une 1, 2� 14 or, at least forty-five (45 ) days prior to such. daie, shall request an extens�on of time to apply for th� PU�- �inal �'lan for Phase III. Fa�lure to either apply for approval or an exte�sion wit�in the required time periods means that any �edevelopm�nt of tl�e area �