Title
SUBJECT: Second Reading and Final Adoption of Ordinance Amending the Term of the Development Agreement from 25 Years to 40 Years for Bellevue Ranch, Initiated by Baxter Ranches LLC and Stonefield Home, Inc.
REPORT IN BRIEF
Second reading to modify the Development Agreement for Bellevue Ranch to extend the term of the Agreement for the remaining portions of Bellevue Ranch West (generally north of Cardella, west of G Street) from 25 years to 40 years.
RECOMMENDATION
City Council - Adopt a motion adopting Ordinance 2516, An Ordinance of the City Council of the City of Merced, California, amending Ordinance No. 1906 to modify the term of the development agreement for Bellevue Ranch for the remaining portion of Bellevue Ranch West from 25 Years to 40 Years.
Body
ALTERNATIVES
1. Approve as recommended by Planning Commission and staff; or,
2. Approve, subject to modifications by the City Council; or,
3. Deny; or,
4. Refer back to staff for reconsideration of specific items (specific items to be addressed in the motion); or,
5. Continue to a future meeting (date and time to be specified in motion).
AUTHORITY
Government Code Section 65865.1 and Merced Municipal Code Section 20.86 spell out procedures for adopting and amending Development Agreements.
CITY COUNCIL PRIORITIES
Infill Development is listed as a priority in the FY 19-20 Council Goals and Priorities and this project relates to the continuation of development in the Bellevue Ranch area.
DISCUSSION
Summary
The applicants propose to modify the Development Agreement for Bellevue Ranch to extend the term of the Development Agreement from 25 years to 40 years for the remaining portions of Bellevue Ranch West. The Original Agreement was modified in 2009 for a previous owner. The current property owners have made substantial progress in the development of Bellevue Ranch West and are up to date on their assessment obligations. City staff is recommending that the Development Agreement be modif...
Click here for full text