Resolution No. 3435 9
RESOLUTION NO. 3435
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CYPRESS ESTABLISHING A FEE FOR
THE FILING OF A DEVELOPMENT AGREEMENT AS
AUTHORIZED BY SECTION 20.0(C) OF APPENDIX
I, "ZONING, " OF THE CODE OF THE CITY OF
CYPRESS
WHEREAS, Section 20.0(c) of Appendix I, "Zoning, "
of the Code of the City of Cypress authorized the City
Council to establish a fee by Resolution for the filing of a
development agreement application; and
WHEREAS, City experience in processing and
negotiating development agreements have identified
significant costs to the City which should be reimbursed by
applicants for development agreements; and
WHEREAS, The approval by the City Council of a
development agreement naturally results in a substantial
increase in the value of the property covered by said
development agreement.
NOW THEREFORE, BE IT RESOLVED by the City Council
of the City of Cypress that the fee for filing a development
agreement application shall be five-thousand dollars,
($5,000 .00) , per application filed.
PASSED, APPROVED, AND ADOPTED by the City Council
of the City of Cypress at a regular meeting held on
the 22nd day of August , 1988. a"ler6/1
ejA YO OF THE CITY OF CYPRESS
ATTEST:
CITY CLERK OF T E C Y OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
I, DARRELL ESSEX, City Clerk of the City of Cypress
DO HEREBY CERTIFY that the foregoing Resolution was adopted
at a regular meeting of the said City Council held on
the 22nd day of August , 1988 by the following
role call vote:
AYES: 3 COUNCIL MEMBERS : Kanel, Mullen and Arnold
NOES: 0 COUNCIL MEMBERS : None
ABSENT: 2 COUNCIL MEMBERS : Coronado and Davis
i/ •
CITY CLERK-0 F TH.. CITY OF CYPRESS