City Council

5.1 GENERAL PLAN AMENDMENT, ZONE CHANGE, AMENDMENT TO A\nDENSITY BONUS AGREEMENT, WITH AN ASSOCIATED PROPERTY\nEXCHANGE TRANSACTION BETWEEN HERITAGE FIELDS EL TORO AND\nTHE CITY OF IRVINE FOR LAND WITHIN PLANNING AREA 51\nACTION:\n1) Conduct the public hearing.\n2) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, APPROVING GENERAL PLAN AMENDMENT\n00961166-PGA TO INCREASE THE MAXIMUM DEVELOPMENT INTENSITY\nCAP FOR PLANNING AREA 51 (GREAT PARK) BY 1,300 RESIDENTIAL\nUNITS WITH A CORRESPONDING DECREASE OF NONRESIDENTIAL\nSQUARE FOOTAGE BY AMENDING APPLICABLE TEXT, FIGURES, AND\nTABLE A-1 OF THE LAND USE ELEMENT; FILED BY FIVE POINT\nCOMMUNITIES MANAGEMENT, INC., ON BEHALF OF HERITAGE FIELDS\nEL TORO, LLC\n3) Introduce for first reading and read by title only - AN ORDINANCE OF THE\nCITY COUNCIL OF THE CITY OF IRVINE, CALIFORNIA, APPROVING\nZONE CHANGE 00955251-PZC TO UPDATE APPLICABLE TEXT, TABLES,\nAND EXHIBITS OF THE IRVINE ZONING ORDINANCE TO REFLECT AN\nINCREASE OF 1,300 RESIDENTIAL UNITS AND A CORRESPONDING\nDECREASE OF NON-RESIDENTIAL SQUARE FOOTAGE WITHIN THE\nGREAT PARK NEIGHBORHOODS IN PLANNING AREA 51 (GREAT PARK),\nREZONE LAND WITHIN GREAT PARK FROM 8.1 AND 8.1B TRAILS AND\nTRANSIT ORIENTED DEVELOPMENT (TTOD) TO 8.1C TTOD, AND ADD\nDEVELOPMENT STANDARDS AND LAND USE REGULATIONS TO THE\n8.1C TTOD ZONING DISTRICT; FILED BY FIVE POINT COMMUNITIES\nMANAGEMENT, INC., ON BEHALF OF HERITAGE FIELDS EL TORO, LLC\n4) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, APPROVING THE SEVENTH AMENDMENT TO\nDENSITY BONUS AGREEMENT (FILE NO. 00967679-PPA) BY AND\nBETWEEN CITY OF IRVINE, A CALIFORNIA, MUNICIPAL CORPORATION,\nAND HERITAGE FIELDS EL TORO, LLC, A DELAWARE LIMITED LIABILITY\nCOMPANY\n5) Approve and authorize City Manager to sign Affordable Housing and\nNecessary Government Use Property Exchange Agreement between City of\nIrvine and Heritage Fields El Toro, LLC.\n5.1