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17-0516_ADVANCED GROUP 99-SJ & 03-79-2 (ARES)_D1_Correspondence 1-k A� RECUPERO & ASSOCIATES, INC. ESTABLISHED 1973 May 16, 2017 Maria Morris, City Clerk, City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA 92675 Attn: Ben Siegel, City Manager BY ELECTRONIC MAIL TO CITYCLERKna SAN.1_UANCAPISTRANO.ORG AND BSIEGEL@SANJUANCAPISTRANO.ORG RE: Advanced Group Development Agreement; Item D1 on May 16, 2017 City Council Agenda Dear Mr. Siegel, On behalf of Advanced Group 99 -SJ and Advanced Group 03-79-2, the owners of the San Juan Meadows and Distrito La Novia Projects, please accept this letter of concurrence for the proposed 4 -year extension of the existing development agreement, consistent with the recommendations of the Planning Commission. We believe this extension is of mutual benefit to the City and the Applicant in settling expectations going forward and delivering a project that everyone will be proud of. This letter is not intended to waive any prior elected remedies under the current Development Agreement. Thank you for your consideration. Sincerely, Nim Michael Recupero RECUPERO AND ASSOCIATES, INC, Ecc: 'ro'asocit ofsan`uanca p istrano.or. icff,Bal linger@bbk1aw.corn rcei-ruti@advancedonline.com 31877 Del Obispo St. • Suite 204 • San Juan Capistrano, CA 92675-3228 Ph: 949.429.6300 • Fax: 949.429.6303 • www.recupero.net 5/16/2017 D1