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Agreement. This real property is more particularly described in Exhibit "A" <br /> attached hereto (the "Property"). <br /> F. The City, on October 17, 1995, adopted Resolution No. 5521, approving the City of <br /> Redlands General Plan which, subsequent thereto, has been further amended prior to <br /> the date of this Agreement (the "General Plan"). <br /> G. The City, on April 19, 2005, adopted Resolution No. 6391 approving General Plan <br /> Amendment No. 2005-2-B and Ordinance No. 2600 approving Zone Change No. <br /> 401. The City, on June 21, 2005, adopted Resolution No. 6380, approving Street <br /> Vacation No. 127, subject to related conditions of approval as stated therein <br /> (collectively, the "GPA"). <br /> H. In conjunction with approval of the GPA and City Council Resolution No. 6380 the <br /> City approved a Mitigated Negative Declaration (the "Negative Declaration"), <br /> including certain, specified mitigation measures as set forth therein. In doing so, the <br /> City Council satisfied the requirements of the California Environmental Quality Act <br /> ("CEQA;" California Public Resources Code Section 21000 et seq.), the CEQA <br /> Guidelines (Title 14, California Code of Regulations, Section 15000 et seq.) and <br /> applicable ordinances and regulations of the City. <br /> I. The GPA, Street Vacation No. 127 and the Negative Declaration, which collectively <br /> comprise the current "Project Approvals," are incorporated herein by this <br /> reference. The Property Owner desires to provide for the development of the <br /> Property in accordance with the Project Approvals and this Agreement. Such <br /> development of the Property, as permissible under the Project Approvals and subject <br /> to any amendments to this Agreement agreed upon by the Parties, is referred to <br /> herein as the "Project." <br /> J. The Planning Commission, on April 26, 2005, conducted hearings and adopted <br /> findings relating to this Agreement, as required by Chapter 18.220 of the Redlands <br /> Municipal Code, and recommended that the City Council approve this Agreement. <br /> K. The City Council, on July 5, 2005, by Ordinance No. 2613 made all findings and <br /> determinations relating to this Agreement which are required by Chapter 18.220 of <br /> the Redlands Municipal Code, and approved this Agreement by its adoption of <br /> Ordinance No. 2613. In doing so, the City Council determined that this Agreement <br /> is consistent with the General Plan and will implement the Project Approvals. <br /> L. The City Council finds that execution of this Agreement and the performance of and <br /> compliance with the terms and conditions set forth herein by the Parties: (i) is in the <br /> best interests of the City; (ii) will promote the public convenience, general welfare <br /> and good land use practices in the City; (iii) will promote preservation and <br /> enhancement of land values in the City; (iv) will encourage the development of the <br /> Project by providing a reasonable level of certainty to the Property Owner; and (v) <br /> will provide for orderly growth and development in a manner consistent with the <br /> General Plan and other plans and regulations of the City. <br /> NOW, THEREFORE, in consideration of the above Recitals, all of which are expressly <br /> incorporated into this Agreement, and the mutual promises and obligations of the Parties set <br /> forth herein, the Parties agree as follows: <br /> Djmlagreeldevagmit 10.clean ESRI.doc 3 <br />