APPROVE THE SECOND AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR LA JOLLA VISTA RECOMMENDATION: ADOPT RESOLUTION 14-1629 APPROVING, AUTHORIZING AND DIRECTING THE EXECUTION OF THE SECOND AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT FOR LA JOLLA VISTA; PROVIDING AUTHORIZATION AND DIRECTION TO TAKE ACTIONS AND EXECUTE DOCUMENTS NECESSARY TO CARRY OUT THE INTENT OF THE RESOLUTION AND SECOND AMENDMENT; AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: The purpose of this item is to review and approve a Second Amendment to the Amended & Restated Development Agreement for La Jolla Vista, which amends the terms of the Amended & Restated Development Agreement for La Jolla Vista to allow for the phasing of the infrastructure currently required to be constructed in conjunction with the recordation of the Master Plan and to extend the deadlines for the recordation of the existing and approved final plats for La Jolla Vista. (Bob Beckley, Deputy City Manager, Sarah Chilton, Assistant City Attorney)

Committee

City Council Regular Meeting

Introduced

May 12, 2014

On agenda

May 19, 2014

Passed

May 19, 2014