TO: LINDA REICH, CITY MANAGER
FROM: WARREN MORELION, AICP, DIRECTOR OF DEVELOPMENT SERVICES
SUBJECT
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Falloncrest Development Agreement Annual Monitoring Report and Issuance of Certificate of Agreement Compliance.
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RECOMMENDATION
Accept the Annual Monitoring Report for the Falloncrest Development Agreement and Authorize the City Manager, or their Designee, to Issue a Certificate of Agreement Compliance.
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FISCAL IMPACT
There is no fiscal impact.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above furthers the City’s values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
• Positive City Image
• Responsible Long-Range Planning
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BACKGROUND
On July 6, 2021, Loyola Properties and the Pietersma Family Trust, referred to as Falloncrest (“Developers”) entered into a Developmental Agreement (DA) with the City. The DA was executed to vest certain land use entitlements so that the Developers could successfully improve and develop the property generally located on the north side of Pine Avenue, between West and East Preserve Loop Roads. In total, the property encompasses approximately 100 acres.
To date, two of the three phases of the Falloncrest at The Preserve Master Plan are built or under construction. The final phase is located in the center of the site and is currently being marketed to residential and commercial builders by the Developers. At full buildout, the Falloncrest development will contain approximately 1,139 residential units and up to 155,194 square feet of commercial uses.
ISSUES/ANALYSIS
The Falloncrest DA has now been in place for a little over four years. Pursuant to Article 12 of the DA, an annual review of DA terms and conditions, along with the production of an Annual Monitoring Report (AMR) by the Developer is required. The AMR is intended to outline the Developer’s compliance with the specific terms and conditions identified in the DA to the benefit of the City.
In June 2025, the Developers submitted their third AMR (Exhibit A) and requested a Certificate of Agreement Compliance (CAC) to affirm that they are still in compliance with all applicable DA obligations. The CAC memorializes and acknowledges the Developer’s continuous efforts from August 5, 2024, to August 5, 2025. Staff has reviewed the latest AMR in conjunction with the DA and determined a third CAC (Exhibit B) should be issued to the Developers for the identified time period. Therefore, it is recommended that the City Council authorize the City Manager to issue the third CAC for the Falloncrest DA.
Attachments: Exhibit A: Annual Monitoring Report
Exhibit B: Certificate of Agreement Compliance