Lake Forest

City Council

September 16, 2025 Item #8

Agenda Item 8

8. ANNUAL REVIEW OF DEVELOPMENT AGREEMENTS\nRECOMMENDED ACTION: 1. Conduct the annual review of Development\nAgreements between the City and the following parties: a. USA Portola\nProperties, LLC (“Baldwin”); b. Lennar Homes (“Lennar”); c. Toll Brothers\nWest, Inc. (“Toll Brothers”; 2. Find that Baldwin, Lennar, and Toll Brothers\nare each in good faith compliance with its respective Development\nAgreements.