Ontario

City Council

April 02, 2024 Item #11

Agenda Item 11

11. A RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF AN AGREEMENT WITH\nDPIF3 CA 36 ONTARIO RANCH, LLC REGARDING COMMUNITY FACILITIES DISTRICT\nFORMATION FOR ASSESSOR PARCEL NUMBER (LD PARCEL 1) 0218-211-31 AND FEE IN-LIEU\nThat the City Council consider and:\nA. Adopt a Resolution Approving an Agreement regarding Community Facilities District\nFormation for Assessor Parcel Number (LD Parcel 1) 0218-211-31 and Fee In-Lieu (the\n“Agreement”) between the City of Ontario and DPIF3 CA 36 Ontario Ranch, LLC (the\n“Developer”); and\nB. Authorize the City Manager or his designee to finalize, execute, and record said\nAgreement.\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ONTARIO, CALIFORNIA,\nAUTHORIZING THE EXECUTION AND DELIVERY OF AN AGREEMENT REGARDING\nCOMMUNITY FACILITIES DISTRICT FORMATION FOR ASSESSOR PARCEL NUMBER\n(LD PARCEL 1) 0218-211-31 AND FEE IN-LIEU BETWEEN THE CITY OF ONTARIO AND\nDPIF3 CA 36 ONTARIO RANCH, LLC.\nATTACHMENT: Approving_In-\nLieu_Agreement_w_DPIF3_CA_36_Ontario_Ranch_LLC_RESO_RM.docx\nATTACHMENT: Rich Haven Industrial Services In-Lieu Agreement^02 Agreement Fee\nin-Lieu