PC 2002-31 - Laserfiche WebLink

K. The Specific Plan specifies the policies associated with the dedication and/or acquisition of the rights-of--way for the realigned Vineyazd Avenue and school loop road. It was contemplated that dedication would occur as projects develop, and any acquisition would occur as necessary to incorporate the required infrastructure. That portion of the Vineyard Avenue right-of--way within the Property (approximately 1.9 acres) is to be dedicated as a condition of development. Three acres of the Additional Right-of--Way aze to be dedicated in exchange for the approved density. The acquisition of the remaining 2.9-acre portion of the Additional Right-of--Way and the portion of the Additional Property necessary for the Mitigation Land, the Sewer Pump Station, and the Detention Basins is to be funded via the Specific Plan fees assessed as projects within the Corridor develop. Property Owner will not be compensated for the land necessary for Storm Drains and Outfalls. L. In order to construct the roadway improvements contemplated by the City and the District in a financially feasible way, the right-of--way must be dedicated at no cost at this time, with eventual payment, if contemplated in the Specific Plan, taking place as development occurs, as originally contemplated. M. PG&E has planned a 230KV transmission line in the Vineyard Corridor and has received approval from the State of California Public Utilities Commission to construct this line in the new right-of--way of Vineyazd Avenue, if available by July 1, 2002, or, if not, within the existing right-of--way. The City, the District, Revision #2 Draft Lonestaz California, Inc. Development Agreement Page 6 of 21