Moreno Valley

City Council

May 21, 2024 Order of Business I #28

Agenda Item 28

I.28. PEN21-0184 (TR 38236) – ACCEPT DEVELOPMENT IMPACT FEES\nIMPROVEMENT CREDIT AGREEMENT NUMBER D24-001 FOR TRACT\n38236 RESIDENTIAL DEVELOPMENT LOCATED AT THE SOUTHWEST\nCORNER OF ALESSANDRO BOULEVARD AND OLIVER STREET.\nDEVELOPER: D.R. HORTON, LOS ANGELES HOLDING COMPANY, INC.\n(Report of: Public Works)\nRecommendations:\n1. Accept and approve the Development Impact Fees Improvement\nCredit Agreement Number D24-001 for PEN21-0184 (TR 38236)\nimprovements.\n2. Authorize the City Manager to execute the Development Impact Fees\nAgreement.