Loading...
Resolution No. 3155410 RESOLUTION NO.3155 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS APPROVING PARCEL MAP NO. 86 -323 - WITH CONDITIONS. WHEREAS, an application was made by Overton, Moore L Associates to divide two parcels into eight parcels for the purpose of facilitating future develop- ment. This site is located at the southwest corner of Valley View Street and Cerritos Avenue. WHEREAS, the City Council considered evidence presented by the applicant, City staff and other interested parties at a public meeting held with respect thereto. NOW, THEREFORE, the City Council of the City of Cypress, DOES HEREBY RESOLVE as follows: 1. The proposed map is compatible with the objectives, policies, general land uses and programs specified in the General Plan of the City of Cypress in that: a. The proposed subdivision is consistent with Specific Plan No. 85 -1 regulating the Cypress View Limited land holding, and with all provisions of the City's Subdivision Ordinance and the State Subdivision Map Act. b. Full public street improvements will be made adjacent to this property to accommodate any anticipated increase in traffic generated from this project. c. The developer has agreed to pay for traffic impact miti- gation improvements as identified in Exhibit "B" of the conditions of approval for Parcel Map No. 86 -323. 2. The design and improvement of the proposed subdivision as designated on the parcel map and supplemented by the conditions attached hereto as Exhibit "A," and incorporated herein by reference, are compatible with the objectives, policies, general land uses and programs specified in the General Plan of the City of Cypress in that: a. The subject property shall be improved in conformance with present zoning and all applicable ordinances in effect at the time this map is recorded with the County of Orange. All necessary utility services will be provided to the property in conformance with the Cypress Municipal Code. 3. None of the findings set forth in Government Code Section 66474 can be made. 4. The discharge of waste from the proposed subdivision into the exist- ing community sewer system shall not result in a violation of the existing requirements prescribed by the California Regional Water Quality Control Board having jurisdiction over the proposed subdivision pursuant to the pro- visions of Division 7 of the California Water Code (Sections 13000 et seq.). Denial of a subdivision for violation of the proposed waste discharge standards or an addition to an existing violation thereof, is a ground for denial of the parcel map, although such denial is not mandatory. NOW, THEREFORE, BE IT FURTHER RESOLVED that the City Council of the City of Cypress does hereby approve Parcel Map No. 86 -323, subject to the conditions attached hereto as Exhibits "A" and "B." PASSED AND ADOPTED at a regular meeting of t e City Council of the City of Cypress on the 27th day of October 1986. ATTEST: I/ / 7 CITY CLERK OF T THE CXTY OF CYPRESS Y OF CYPRFSS 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 duly adopted at a regular meeting of the said City Council held on the 27th day of October 1986, by the following roll call vote: AYES: 4 COUNCIL MEMBERS: Coronado, Kanel, Partin and Lacayo NOES: 0 COUNCIL MEMBERS: None ABSENT: 1 COUNCIL MEMBERS: Mullen CITY LERK OFIT CYPRESS 412 EXHIBIT "A" PARCEL MAP NO. 86 -323 1. The developer shall conform to all applicable provisions of the City Code. All requirements of the State Subdivision Map Act, the City's Subdivision Ordinance, and Zoning Ordinance shall be satisfied. 2. All conditions of proposed Design Review Committee Nos. 86 -37, 86 -39, 86 -40 and 86 -41, excluding specific building conditions, shall be considered to be a part of the conditions of Parcel Map No. 86 -323 as though attached hereto. 3 The interior east /west street shall be named Corporate Avenue from Valley View Street to the west property line. 4 Engineering fees required are as follows: . Final subdivision map filing fee (per Resolution No. 1713). . Drainage fee for Master Drainage Plan (per Resolution 2287). . Traffic impact mitigation assessment fee per Exhibit "B" attached hereto. (Revised 10- 27 -86) 4-1'- EXHIBIT "B" PARCEL MAP NO. 86 -323 TRAFFIC IMPACT MITIGATION ASSESSMENT The developer shall pay the City for traffic impact mitigation improvements as follows: 1. The Developer shall pay to the City $200,000 (the initial payment upon the issuance of the first certificate of occupancy for the first building con- structed on the Subject Property. The $200,000 shall be in constant 1985 dollars. 2. Beginning with the first building, upon the issuance of each building per- mit up to 500,000 square feet of floor space on the Subject Property, the Developer shall pay an amount determined by the City in accordance with the following formula: a. The numerator shall be the estimated dollar amount (in constant 1985 dollars) as determined by the City, required to construct all major traffic improvements which the City determines may be required within the Cypress Business Park (and any portion thereof), including the Los Alamitos Race Track. Such improvements shall include, but not be limi- ted to, arterial street widenings, traffic signal systems modifications, grade separation structures or other major intersection improvements. b. The denominator shall be the gross floor area of the entire Cypress Business Park (excluding commercial /retail uses), including the Los Alamitos Race Track, as determined by the City at each time in accor- dance with the following formula: c. The square footage of each proposed building shall be multiplied by the factor resulting from the division of the numerator as set forth in 2.a. by the denominator as set forth in 2.b. 3. Following development of the first 500,000 square feet of industrial /office space on the Subject Property, the Developer will be entitled to obtain building permits and receive certificates of occupancy without the payment of additional traffic impact mitigation improvement fees until the $200,000 initial payment has been consumed. 4. After development of the first 500,000 square feet of industrial /office space and consumption of the $200,000 initial payment, the Developer shall provide to the City a bond concurrent with the issuance of each subsequent building permit which shall be in the amount determined by the City pur- suant to paragraph 2.b. above for the gross floor area of each such building. At such time as a certificate of occupancy is issued with respect to each subsequent building, the Developer shall remove the bond and pay to the City in cash the corresponding amount determined by the City pursuant to paragraph 2. above. (Continued) 414 5. The developer waives for himself, his successors and assigns, the right to protest the formation of an assessment district, major thoroughfare benefits district or other financing district deemed necessary or appropriate by the City to facilitate the imposition and collection of traffic impact mitigation improvement fees or otherwise finance the construction of the traffic impact mitigation improvements. Such improvements shall include, but not be limited to, arterial street widenings, traffic signal system modifications, grade separation structures or other major intersection improvements. In the event that the formation of an assessment district, major thoroughfare benefit dis- trict or other financing district as contemplated above does occur, the as- sessment shall, at the City's discretion, be pro rata within assessment /bene- fit area (area of benefit and method of spreading the assessment to be deter- mined by the City at its discretion), based upon gross floor area of the en- tire Business Park (completed or potential), less commercial /retail areas. The area of benefit and method of spreading the assessment will be determined by the City at its discretion and in accordance with applicable laws and regulations. mm Project No. 8738 -10 - 9 -