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

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development <strong>of</strong> the Project will provide many public benefits to the <strong>City</strong> through the imposition<br />

<strong>of</strong> the development standards and requirements under the provisions and conditions <strong>of</strong> this<br />

Agreement, including without limitation increased tax revenues (direct and indirect), installation<br />

<strong>of</strong> on-site and <strong>of</strong>f-site improvements, and location <strong>of</strong> a desirable industry and jobs within the<br />

<strong>City</strong>. In exchange for these and other benefits to the <strong>City</strong>, Participant will receive assurance that<br />

the Project may be developed during the term <strong>of</strong> this Agreement sUbject to the temIS and<br />

conditions <strong>of</strong> this Agreement.<br />

c. [§ 103] <strong>Glendale</strong> General Plan<br />

The Land Use Element <strong>of</strong> the <strong>Glendale</strong> General Plan designates the Site for Restricted<br />

Industrial uses. The General Plan states that certain non-industrial uses are appropriately located<br />

within industrial zones, and that commercial use associated with industry is not only acceptable,<br />

but at times desirable. Further, the General Plan acknowledges that growth in industrial zones.<br />

creales employment opportunities and broadens the Ciry's tax base. The General Plan provides<br />

for development with adequate streets, freeway access, underground utilities and development<br />

standards, including <strong>of</strong>f-street parking and landscaping requirements. The zoning and site<br />

developmem provided for in this Agreement are consistent with and help to implement the<br />

policies <strong>of</strong> the General Plan. Other than the General Plan and the Redevelopment Plan, there<br />

are no other "specific plans" applicable to the Site as that phrase is used in Government Code<br />

§ 65867.5.<br />

D. [§ 104] The Redevelopment Plan<br />

This Agreemem is SUbject to the provisions <strong>of</strong> the Redevelopment Plan which was<br />

approved and adopted on December 15, 1992, by the <strong>City</strong> Councilor the <strong>City</strong> by Ordinance<br />

No. 5003, recorded in Official Records <strong>of</strong> Los Angeles County, California. The Redevelopment<br />

Plan is incorporated herein by reference and made a part here<strong>of</strong> as though fully set f0l1h herein.<br />

The Redevelopment Plan requires the Agency to provjde owners <strong>of</strong> real property in the<br />

Project Area with opportunity to participate in the redevelopment <strong>of</strong> the Project Area.<br />

This Agreement is consistent with the current provisions <strong>of</strong> the Redevelopment Plan.<br />

Pursuant to Health and Safety Code § 33457.1, any amendment to the Redevelopment Plan<br />

which changes the possible use <strong>of</strong> eminent domain at the Site, or changes the uses or<br />

development permitted on the Site, or which otherwise changes the restrictions or controls that<br />

apply to the Site shall require the prior written consent <strong>of</strong> Participant provided that Participant<br />

is nol in default under this Agreement and this Agreement has not been temIinated by this <strong>City</strong><br />

in accordance with Section 510. Amendments to the Redevelopment Plan applying to other<br />

property in the Project Area which do not affect the Site and Participant's use there<strong>of</strong> shall not<br />

require the consent <strong>of</strong> Participant or its successors; provided, however, <strong>City</strong> and Agency shall<br />

provide Participam wilh written nOlice as required by law.<br />

LWLA]\]JJ.x..I< 2

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