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91-023d Westland Shopping Cnter L.P. relative to Vallco Fashion Park development future hotel, 6th amend 11-1-2005 (x-ref 1974)RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: DOCUMENT: 18774347 11,111111111111111111111111 Pages: Fees.... * No Fees Taxes... Copies.. AMT PAID City of Cupertino BRENDA DAVIS RDE # 010 Community Development Department SANTA CLARA COUNTY RECORDER 1/19/2006 City 10300 Torre Avenue Recorded at the request of Cupertino, CA 95014 q 1 11:56 AM SIXTH AMENDMENT TO DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF CUPERTINO AND VALLCO INTERNATIONAL SHOPPING CENTER, LLC (Successors -in -Interest) RECITALS Whereas, the City Council of the City of Cupertino on July 15, 1991 enacted Ordinance No. 1540 approving application 1 -DA -90, authorizing the execution of a Development Agreement (as provided to Section 65864 et seq. of the California Government Code) between the City of Cupertino (hereinafter referred to as the City), Westland Properties, Inc. and Westland Shopping Center, L.P. regarding the Development known as Vallco Fashion Park Center in the City of Cupertino; and Whereas, Vallco International Shopping Center, LLC (hereinafter referred to as the Applicant) is the successor -in -interest to said above described Development and Development Agreement; and Whereas, the parties to the Development Agreement wish to amend the Agreement, as provided in the Amendment to the Development Agreement attached hereto and made part hereof by reference; and Whereas, the Applicant has formally filed its application seeking said amendment with the Director of Planning and Community Development (hereinafter referred to as the Director) as required by City Municipal Code Chapter 19.116; and Whereas, at its regular meeting of October 18 , 2005, the City Council of the City of Cupertino enacted Ordinance No. 1969 authorizing the execution of the Amendment. Now Therefore, it is hereby agreed by the parties as follows: 1. Section 1.2 of the above described development agreement is hereby amended to extend its term to August 15, 2009. 2. Section 2.6.5 is added to read: RECEIVED FEB 92006 12/12/2005 13:57 FAX 408 777 3333 CITY CUPERTINO 0 002/004 Conditions with Regard to Hotel Site. Future development for the approximately two -acre site located at the northeast portion of the Property, currently labeled "Proposed Sports Connection" in Exhibit B of the Agreement, shall be developed for a minimum 100 -room hotel and ancillary services. Should the Development Agreement expire prior to development of the site for said hotel, another instrument guaranteeing hotel development on the site shall be agreed upon by the applicant and the City. 3. Section 2.6.6 is added to read: A use permit shall be required for any hotel other than at the Rosebowl site. 4. Section 2.6.7 is added to read: A use permit shall be required for a parking garage over three stories located north of Macy's. S. Section 2.6.8 is added to read: Neighborhood meetings shall be held prior to Planning Commission and City Council public hearings regarding the height and design of the proposed parking structure located north of Macy's. 6. All other terms of the Development Agreement remain in full force and effect. 7. This Amendment, together with Ordinance No. 1969 shall be recorded with the County Recorder of Santa Clara County, IN WITNESS WHEREOF, the City of Cupertino and Vallco International Shopping Center, LLC have executed this Amendment as of the date hereinafter above written. CITY OF CU ERTINO, A MUNICIP ORPO TION BY: Patrick Kwok, Mayor Attest: City Clerk to form: T. Kilian, City VALLCO INTERNATIONAL SHOPPING NTER, LLC BY: Alang, G:\Planning\Vallco\Vallco agreement ord 1969.doc ORDINANCE NO. 1969 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CUPERTINO MODIFYING A DEVELOPMENT AGREEMENT (1 -DA -90) TO EXTEND THE TERM OF THE AGREEMENT TO AUGUST 15, 2009, TO REQUIRE A HOTEL USE FOR FUTURE DEVELOPMENT IN THE NORTHEAST PORTION OF THE PROPERTY, TO REQUIRE A USE PERMIT FOR ANY HOTEL OTHER THAN AT THE ROSEBOWL SITE, TO REQUIRE A USE PERMIT FOR A PARKING GARAGE OVER THREE STORIES LOCATED NORTH OF MACY' S AND TO REQUIRE NEIGHBORHOOD MEETINGS PRIOR TO PLANNING COMMISSION AND CITY COUNCIL PUBLIC HEARINGS REGARDING THE HEIGHT AND DESIGN OF THE PROPOSED PARKING STRUCTURE LOCATED NORTH OF MACY' S AT VALLCO WHEREAS, an application was received by the City (Application No. DA -2005- 02) for the modification of a development agreement (1 -DA -90); WHEREAS, the City Council finds that the subject Development Agreement meets the following requirements: Is consistent with the objectives, policies, general land uses and programs specified in the General Plan and any applicable specific plan; Is compatible with the uses authorized in, and the regulations prescribe for, the land use district in which the real property is or will be located; Is in conformity with and will promote public convenience, general welfare and good land use practice; Is not detrimental to the health, safety and general welfare; 1. Will not adversely affect the orderly development of property or preservation of property values; and Will promote and encourage the development of the proposed project by providing a greater degree of requisite certainly. WHEREAS, upon due notice and after one public hearing the Planning Commission recommended to the City Council that the amendment be granted; and Ordinance No. 1969 2 NOW, THEREFORE, BE IT ORDAINED AS FOLLOWS: Section 1. That section 1.2 Term of the development agreement described as 1 -DA -90 is hereby amended to extend the term of the Development Agreement to August 15, 2009. Section 2.6.5 Conditions with Regard to Hotel Site. Future development for the approximately two acre site located at the northeast portion of the Property, currently labeled "Proposed Sports Connection" in Exhibit B of the Agreement, shall be developed for a minimum 100 -room hotel and ancillary services. Should the Development Agreement expire prior to development of the site for said hotel, another instrument guaranteeing hotel development on the site shall be agreed upon by the applicant and the City. Section 2.6.6 A use permit shall be required for any hotel other than at the Rosebowl site. Section 2.6.7 A use permit shall be required for a parking garage over three stories or higher than 32 feet located north of Macy's. The parking garage shall be mitigated for privacy. Section 2.6.8 Neighborhood meetings shall be held prior to Planning Commission and City Council public hearings regarding the height and design of the proposed parking structure located north of Macy's. Section 2. This ordinance shall take effect and be in force thirty (30) days after its passage. INTRODUCED at a regular meeting of the City Council of the City of Cupertino the 18th day of October 2005 and ENACTED at a regular meeting of the City Council of the City of Cupertino the 1 st day of November 2005, by the following vote: Vote AYES: NOES: ABSENT: ABSTAIN: ATTEST: /s/ Kimberly Smith City Clerk Members of the City Council Lowenthal, Sandoval, Wang, James Kwok None None /s/ Patrick Kwok Mayor of Cupertino VERIFICATION I have reviewed this Agreement and to the best of my knowledge, the information contained herein is true and complete. I verify under penalty of perjury under the laws of the State of California, that the foregoing is true and correct. Executed on the 13th day of January 2006, at Cupertino, California. Deputy City Clerk City Clerk's Office City of Cupertino