HomeMy WebLinkAboutCity Council Resolution No. 2006-79RESOLUTION NO. 2006- 79
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF DIAMOND BAR, CALIFORNIA APPROVING A
PLANNING AND PRE -ANNEXATION AGREEMENT
BETWEEN THE CITY OF DIAMOND BAR, CALIFORNIA
AND AERA ENERGY LLC.
WHEREAS, Aera Energy LLC owns 2,935 acres of land of which a portion is adjacent to
the City's southern municipal boundary; and
WHEREAS, Aera Energy LLC has an interest in developing the property; and
WHEREAS, recent discussions between Aera Energy LLC representatives and City
staff have identified areas of mutual interest between the parties; and
WHEREAS, Aera Energy LLC is requesting the City to process the entitlements for a
1,940 acre portion of the property (Project Area); and
WHEREAS, the City's initial financial analysis, assuming receipt of 5.25% of the
County's property tax revenue; shows the annexation of the Project Area at build out will
result in a positive impact to the City's General Fund of approximately $1 million
annually; and
WHEREAS, the City and Aera Energy LLC have negotiated the attached Planning and
Pre -Annexation agreement over the last several weeks to outline the responsibilities of
each party throughout the entitlement and annexation process.
NOW, THEREFORE the City Council of the City of Diamond Bar does resolve as
follows:
1. The Planning and Pre -Annexation Agreement between the City and Aera Energy
LLC is approved and the Mayor is authorized to sign the Agreement
2. City staff is directed to retain, at Aera's expense, consultants and other
professional experts to review and provide comments on the Environmental
Impact Report, assist with creation of the Development Agreement, and facilitate
annexation of the Project Area.
PASSED, APPROVED AND ADOPTED this 19th day of December 2006.
C
v ye, ayor
2006--79
I, Tommye Cribbins, City Clerk of the City of Diamond Bar, do hereby certify that the
foregoing Resolution was Passed, Approved and Adopted at a Regular Meeting of the
City Council of the City of Diamond Bar held on the 19th day of December 2006 by the
following vote:
AYES: COUNCIL MEMBERS: Chane, Herrera, MPT/Tanaka,
M/Tye
NOES:
ABSENT:
ABSTAINED:
COUNCIL MEMBERS: None
COUNCIL MEMBERS: zirbes
COUNCIL MEMBERS: None
Tommye Cribbins, City Clerk
City of Diamond Bar
2006--79