1997-0811_FLUIDMASTER, INC._Letter sae %. I IV {' DRUG USE 1 4 ,19 ,1, 9 MEMBERS OF THE CITY COUNCIL IS COLLENE CAMPBELL . JOHN GREINER AB 41 tmcOwPOPATED WYATT HART ESTABLISH 1961 GIL JONES • 1776 • DAVID M.SWERDLIN CITY MANAGER GEORGE SCARBOROUGH August 11 , 1997 Mr. Robert Anderson Schoepe Fluidmaster, Inc. 1800 Via Burton P. O. Box 4264 Anaheim, California 92803 Re: Agreement for Deferral of Development Taxes and Fees Dear Mr. Schoepe: At their meeting of August 5, 1997, the City Council of the City of San Juan Capistrano took action to approve an agreement relating to deferral of development taxes and fees in conjunction with the Fluidmaster project being constructed at 30800 Rancho Viejo Road. The agreement provides that the fees and taxes required for the presently approved development plan will be deferred until not later than one year following issuance of a formal Certificate of Occupancy. The agreement also requires submittal of a financial surety to guarantee the obligation to pay the deferred fees and taxes is met. That surety should be forwarded to the City Attorney for approval. A fully-executed copy of the Agreement is enclosed for your files. Please feel free to contact us if you have any questions. Very truly yours, Cheryl Johnson, CMC City Clerk Enclosure 32400 PASEO ADELANTO, SAN JUAN CAPISTRANO, CALIFORNIA 92675 • (714) 493-1171