Moreno Valley

City Council

February 21, 2023 Order of Business A #18

Agenda Item 18

A.18. PEN19-0168 (TR 32408) – ACCEPT DEVELOPMENT IMPACT FEE (DIF)\nIMPROVEMENT CREDIT AGREEMENT #D23-001 FOR AUBURN\nRESIDENTIAL DEVELOPMENT LOCATED AT THE NORTHWEST\nCORNER OF BAY AVENUE AND MORENO BEACH DRIVE. DEVELOPER:\nKB HOME COASTAL, INC. (Report of: Public Works)\nRecommendations:\n1. Accept and approve the Development Impact Fees Improvement Credit\nAgreement #D23-001 (DIF Agreement) for PEN19-0168 improvements.\n2. Authorize the City Manager to execute the DIF Agreement.