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 improve/develop the property generally located on Pine Avenue bounded by West and East Preserve Loop Roads. In total, the property in question is approximately 100 acres, and at the time of the DA’s approval, operated as a dairy.
At full buildout, the Falloncrest at the Preserve Master Plan will facilitate the development of up to 1,139 residential units and 155,194 square feet of commercial uses.
ISSUES/ANALYSIS
The DA has been in place for a little over three years, and pursuant to Article 12, the DA calls for an annual review of DA terms and conditions, along with the production of an Annual Monitoring Report (AMR). The AMR is intended to demonstrate the Developer’s compliance with specific DA terms. These conditions encourage the development’s progress to the City’s benefit. All applicable terms and conditions are identified in the AMR, which is attached as Exhibit B to this report.
In June 2024, the Developers submitted the AMR and requested a Certificate of Agreement Compliance (CAC) to affirm that they are progressing to meet all applicable DA obligations. The CAC memorializes and acknowledges the Developers’ continuous efforts from August 5, 2023 to August 5, 2024. Staff has reviewed the AMR in conjunction with the DA and believes a CAC can 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: Certificate of Agreement Compliance
Exhibit B: Annual Monitoring Report