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Community Development Agency, Development Services Division, recommending the Board rescind the December 11, 2012 approval of Development Agreement DA11-0003/Diamond Dorado Retail Center without prejudice for Assessor's Parcel Numbers 051-250-12, 051-250-46, 051-250-51, and 051-250-54, allowing that a new Development Agreement application could be made at any time. (Supervisorial District 3)
FUNDING: N/A
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DEPARTMENT RECOMMENDATION
Community Development Agency, Development Services Division, is recommending the Board rescind the December 11, 2012 approval of Development Agreement DA11-0003/Diamond Dorado Retail Center because: 1) The agreement has not been executed; 2) The County is proceeding to construct the Diamond Springs Parkway; and 3) There has been no activity to implement the approved retail center at this time.
DISCUSSION / BACKGROUND
Diamond Dorado Retail Center
The Diamond Dorado Retail Center (DDRC) project was approved, and an Environmental Impact Report (EIR) was certified by the Board on September 11, 2012 (Item No. 32). The project consisted of a General Plan Amendment changing the land use from Industrial to Commercial, a Rezone from Industrial to Commercial-Planned Development, and a Preliminary Development Plan for the construction of a new 250,000 square-foot retail center to be located at the southwest corner of State Highway 49 (Diamond Road) and the future Diamond Springs Parkway (DSP), an approved County road connector from Missouri Flat Road to State Highway 49.
Following approval of the DDRC, the Board approved a 20-year Development Agreement (DA) for the project on December 11, 2012 (Item No. 22). The parties/owners involved in the DA include GGV Missouri Flat, LLC, Larry and Jacqueline Abel, and Michael and Lorraine Lindeman. The GGV Missouri Flat, LLC ownership transferred their property to Mr. Abel in September 2014. The major provisions of the DA includes:
1. Extension of the DDRC project approval for 20 years...
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