UBLIC HEARING: Director of Development ... - City of Glendale

RESOLUTION NO. _
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
GLENDALE AUTHORIZING APPROVAL OF A FIRST AMENDMENT
TO THE STATUTORY DEVELOPMENT AGREEMENT AND
PARTICIPATION AGREEMENT BY AND BETWEEN THE CITY OF
GLENDALE TOGETHER WITH THE GLENDALE REDEVELOPMENT
AGENCY AND DREAMWORKS ANIMATION, LLC
WHEREAS, the Glendale Redevelopment Agency ("Agency") is engaged in activities necessary to
effectuate the Redevelopment Plan for the San Fernando Road Corridor Redevelopment Project Area
rProject Area") by providing for the development of real property located within the boundaries of the
Project Area; and
WHEREAS, on June 4,1996, the Agency adopted a resolution approving execution of a Statutory
Development Agreement and Participation Agreement by and between the City of Glendale together with
the Glendale Redevelopment Agency and DreamWorks Animation, LLC (the "Developer") for
development of the 13.3 acre OreamWorks Animation campus in the Project Area (the "Development
Agreement"); and
WHEREAS, on June 4,1996, the City Council of the City of Glendale adopted an ordinance
approving execution of the Development Agreement for development of the DreamWorks Animation
campus project (the "Project"); and
WHEREAS, in connection therewith, on June 6, 1996 the City's zoning administrator approved,
with conditions, a standards and setback variance to allow construction within the Project of up to
495,000 square feet of building area (gross) within seven (7) buildings and a 1,000 space parking garage
structure with a varying building height between 40 feet to a maximum of 65 feet with architectural
features up to 115 feet high where a maximum of 35 feet is allowed; to allow up to 10 feet high fencelwall
where not more than 18" in height above ground surface is allowed to be located along Flower Street at a
zero setback where a minimum of 5 feet and an average setback of 10 feet is required to any property line
abutting a street in the M1 Restricted Industrial Zone; and
WHEREAS, in connection therewith, on June 3, 1996 the zoning administrator approved, with
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