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Ordinance No. 724ORDINANCE NO. 724 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CYPRESS APPROVING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT BETWEEN SAID CITY AND CYPRESS LAND COMPANY WHEREAS, Sections 65864 and following of the Government Code of the State of California and Section 20 of the Zoning Ordinance of the City of Cypress authorize the execution of agreements establishing and maintaining requirements applicable to the development of real property; and WHEREAS, in accordance with the procedures specified in Section 20 of the Zoning Ordinance of the City of Cypress, Cypress Land Company, a California limited partnership, and the City of Cypress have heretofore entered into a development agreement dated as of the 10th day of September, 1982 (the "Development Agreement "); and WHEREAS, the City and Cypress Land Company wish to amend Section 5.3 of the Development Agreement as set forth in that certain document entitled First Amendment to Development Agreement (the "Amendment "); and WHEREAS, notice of the City's intention to consider adoption of the Amendment has been duly given in the form and manner provided for in Section 20 of the Zoning Ordinance of the City of Cypress, and the City Council of said City has conducted a public hearing at which it heard and considered all evidence relevant and material to said subject; NOW, THEREFORE, the City Council of the City of Cypress HEREBY DOES ORDAIN as follows: SECTION 1. Findings. This City Council hereby finds and determines that the Development Agreement, as amended by the Amendment: a. Is consistent with the objectives, policies, general land uses and programs specified in the General Plan of the City of Cypress and in City of Cypress Specific Plan 81 -1 in that the Development Agreement makes reasonable provision for the use of certain real property for commercial purposes and otherwise permits the use of property for industrial purposes, all as provided for in said General Plan and said Specific Plan; b. Is compatible with the uses authorized in, and the regulations prescribed for, the land use district in which the real property referred to therein is located in that the Development Agreement provides for commercial and industrial uses; c. Is in conformity with the public conveniences, general welfare and good land use practice in that it makes reasonable provision for a balance of land uses compatible with the remainder of the City; and d. Will not be detrimental to the health, safety and general welfare in that it provides adequate assurances for the protection thereof. 0 a_ SECTION 2. Approval. The Amendment is hereby approved; and the Mayor is hereby authorized and directed to evidence such approval by executing the Amendment for, and in the name of, the City of Cypress; and the City Clerk is hereby authorized and directed to attest thereto; provided, however, that the Arr4endment shalll not be executed by the City until this Ordinance takes effect: SECTION 3. Severability. If any section, subsection, subdivision, sentence, clause, phrase or portion of this ordinance, or the application thereof to any person or place, is for any reason held to be invalid or unconstitutional by the decision of any-court of competent jurisdiction, such decision shall not affect the validity of the remaining portions of this ordinance or its application to other persons or places. The City Council hereby declares that it would have adopted this ordinance, and each section, subsection, subdivision, sentence, clause, phrase or portion thereof, irrespective of the fact that any one or more sections, subsections, subdivisions, sentences, clauses, phrases, or portions, or the application thereof to any person or place, be declared invalid or unconstitutional. SECTION 4. The City Clerk is hereby authorized and directed to certify as to the passage of this ordinance and to give notice thereof by causing copies of this ordinance to be posted in three public places throughout the City. FIRST READ at a regular meeting of the City Council of said City held on the 9th day of April , 1984, and finally adopted and ordered posted at a regular meeting of said Council held on the 23rd day of April , 1984. ATTEST: MAYOR OF THE CITY OF CYPRESS CIT L ERK F THE ITY OF P CY RESS STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE ) I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Ordinance was duly adopted at a regular meeting of the said City Council held on the 23rd day of April , 1984 by the following roll call vote: AYES: 5 COUNCILMEMBERS: Coronado, Kanel, Lacayo, Mullen, and Partin NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS: None 7 CITY CLERK Off' THE C- TY OF CYPRESS -2-