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conditions of this Agreetrrent Specrfieally,.but without.l mitrrig the gener-alit.y oAhe foregorr�g, . <br /> the County has found and detertnmed that there are no substarttial changos in thasproec or rn' <br /> the circumstances under wleh,tts protect'is to bcsundeticen��pu t yy��t�yht h <br /> t 3 r a i .` �i i <br /> rnvolxre never impacts net eoidered-,Jrrio � � yst ` <br /> }r� �", a 5 Y � a yr�.ry� Wa�r �i t�YL ✓ ti ° <br /> r s C Iled nder CA to CQI1�eCtron wr � ael 4 a E r Y 5 <br /> rie �� a u a �n a s 44z n �eQ <br /> r s <br /> sub��rent or addtttorral�en� p�e�t�f�r�al ���cl�n��entt���, <br /> lI ncludng rritttgatronflr Reservrezl Dtscretrnary pros j r <br /> Recital M .The Com num y is being provided with certain lar iatt�eitrxces throng the <br /> County, the Mouritartt House Comxfrttnrty`Servrce Drstrtct( M C`S "} as well as�other;p hlie <br /> agencies and Financing Mechanisms The Board of Supervt�ors lassprevi`c�usy authonzed and <br /> executed,on behalf of County,a Public Seri ices Ailocat on Agreernettt("PSA Agreement") <br /> ,with <br /> the IvIHCSD. The PSA Agreement sets forth those pubic services and tnfrastructure to.be <br /> provided by the MHCSD and those public services and. nfrastriicttire'whic�h are to bgprovided <br /> by the County and other public agencies. The PSA Agreement has been determined to be <br /> consistent with the Existing Approvals: <br /> Recital N. The Existing Approvals implement the goals and policies of the County's <br /> General Plan and provide balanced and diversified land uses within the Property and the <br /> Community in order to maintain the overall quality of life and quality of the environment within <br /> the County. The Existing Approvals impose appropriate standards and requirements with respect <br /> to land uses,building heights and densities,jobs/housing balance and the creation of job <br /> opportunities through the construction and development of the Community, affordable housing, <br /> traffic, bicycle, pedestrian, and transit improvements, habitat protection and enhancement, open <br /> space and recreational amenities, educational and childcare facilities, utilities and <br /> communication facilities, landscaping and signage as development of the Property proceeds,and <br /> measures for mitigating adverse environmental impacts in the County and the surrounding <br /> region. The County believes that the orderly development of the Community will provide many <br /> public benefits to County through the imposition of the foregoing standards and requirements <br /> under the terms and conditions of this Agreement, including, without limitation, increased tax <br /> revenues resulting in fiscal benefits to County, installation of on- and off-site public <br /> improvements, construction of beneficial industrial and commercial facilities at locations <br /> serviced by major local thoroughfares and regional transportation systems, provision of a balance <br /> between permanent employment opportunities and residential capacity within the County and the <br /> region, and the creation of job opportunities through the construction and development of the <br /> Property, and the location of businesses therein. <br /> Recital O. Development of the Property requires substantial capital expenditures and <br /> investments with respect to construction and installation of major infrastructure and facilities, <br /> both on-site and off-site- Developer's major objectives in entering into this Agreement include, <br /> but are not limited to/the following: to obtain a degree of certainty subject to the Existing <br /> Approvals and the terms of this Agreement, with respect to the permitted land uses, densities, <br /> and major infrastructure required for the Property, in order to allow Developer to undertake and <br /> complete the planning, public and private financing and development of the Property, and to <br /> protect the capital investments that will be made by Developer, lenders, bond purchasers and <br /> W02-sf TPDN6las l t 4s-z -4- <br />