Ontario

City Council

February 06, 2024 Item #10

Agenda Item 10

10. AN ORDINANCE APPROVING A DEVELOPMENT AGREEMENT (FILE NO. PDA21-012)\nBETWEEN THE CITY OF ONTARIO AND RICHLAND MEADOWLAND, LTD, STRACK FARMS\nLAND, LLC, AND RMD INLAND INVESTORS, LLC\nThat the City Council consider and adopt an Ordinance approving a Development Agreement\n(File No. PDA21-012) between the City of Ontario and Richland Meadowland, LTD, Strack Farms\nLand, LLC, and RMD Inland Investors, LLC.\nAN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ONTARIO, CALIFORNIA, APPROVING\nFILE NO. PDA21-012, A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF ONTARIO AND\nRICHLAND MEADOWLAND, LTD A TEXAS LIMITED PARTNERSHIP, STRACK FARMS LAND, LLC, A\nDELAWARE LIMITED LIABILITY COMPANY, AND RMD INLAND INVESTORS, LLC, A DELAWARE\nLIMITED LIABILITY COMPANY, TO ESTABLISH THE TERMS AND CONDITIONS ASSOCIATED WITH\nTENTATIVE TRACT MAP 20472 (FILE NO. PMTT21-018), A 47.16 ACRE PROPERTY LOCATED AT\nTHE SOUTHWEST CORNER OF EUCALYPTUS AVENUE AND HAVEN AVENUE, WITHIN PLANNING\nAREA 30 MIXED RESIDENTIAL AND PLANNING AREA 31 MIXED RESIDENTIAL OF THE SUBAREA\n29 SPECIFIC PLAN (FILE NO. PSPA21-005), AND MAKING FINDINGS IN SUPPORT THEREOF -\nAPN(S): 0218-331-31 AND 0218-331-52.