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11-0419_STROSCHER G3 LLC_E4_Agenda Report 4/1912011 AGENDA REPORT E4 TO: Joe Tait, City Manager ` FROM: Grant Taylor, Development Services Director SUBJECT: Continued Consideration of a Development Agreement for the Plaza Banderas Hotel Project; Stroscher G3, LLC has Requested Approval of a Development Agreement for a Previously Approved Project Consisting of a 124-Room Hotel, 14,500 Square Feet of Commercial Floor Area, a 5,747 Square Foot Restaurant, and a 1,971 Square Foot Private Office on an Existing 3.18 Acre Property Located at 26871 &26891 Ortega Highway and Generally Located at the Northeast Corner of Ortega Highway and EI Camino Real (Assessor Parcel Numbers 124-170-12, 14, 15 & 16) (Stroscher G3, LLC) RECOMMENDATION: Open the public hearing, receive public testimony, and close the public hearing; and by motion: 1. Continue consideration of the DRAFT Development Agreement to the May 17, 2011 City Council meeting. APPLICANTfPROPERTY OWNER APPLICANT AGENT Stroscher G3 LLC, Civic Solutions Gretchen Stroscher Thomson Torn Merrell PO Box 129 27362 Calle Arroyo San Juan Capistrano, CA 92693 San Juan Capistrano, CA 92675 A. Situation The City staff and the City Attorney continue negotiations with the applicant on the proposed DRAFT Development Agreement and therefore staff is requesting a continuance to the May 17, 2011 City Council meeting. Respectfully submitted, Prepared by: �6(/ - Grant Tayl David Contreras Development Services Director Senior Planner