Irvine

City Council

June 10, 2025 Order of Business 4 #3

Agenda Item 3

4.3 DEVELOPMENT AGREEMENT FOR DISCOVERY PARK RESIDENTIAL\nDEVELOPMENT IN PLANNING AREA 31 (IRVINE SPECTRUM 6)\nACTION:\n1) Conduct the public hearing.\n2) Introduce for first reading and read by title only - AN ORDINANCE OF THE\nCITY COUNCIL OF THE CITY OF IRVINE, CALIFORNIA, APPROVING\nDEVELOPMENT AGREEMENT 00948850-PDA TO ESTABLISH PUBLIC\nBENEFITS AND AFFORDABLE HOUSING REQUIREMENTS ASSOCIATED\nWITH A 1,858-UNIT MULTI-FAMILY RESIDENTIAL DEVELOPMENT\nLOCATED AT THE NORTHEAST CORNER OF LAGUNA CANYON ROAD\nAND DISCOVERY IN PLANNING AREA 31 (IRVINE SPECTRUM 6); FILED\nBY IRVINE COMPANY\n4.3