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RESOLUTION NO. PC2019-003 <br />A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY <br />OF NEWPORT BEACH RECOMMENDING APPROVAL OF AN <br />AMENDMENT TO EXTEND THE TERM OF THE HOAG <br />MEMORIAL HOSPITAL PRESBYTERIAN DEVELOPMENT <br />AGREEMENT (DA2018-001) LOCATED AT 1 HOAG DRIVE <br />(PA2018-024) <br />THE PLANNING COMMISSION OF THE CITY OF NEWPORT BEACH HEREBY FINDS AS <br />FOLLOWS: <br />SECTION 1. STATEMENT OF FACTS. <br />On February 14, 1994, the City Council of the City of Newport Beach ("City') adopted <br />Ordinance No. 94-8 approving Restated Development Agreement No. 5 (`Development <br />Agreement') between the City and Hoag Memorial Hospital Presbyterian (`Hoag"). The <br />adopting ordinance became effective on March 16, 1994. <br />2. On May 13, 2008, the City Council adopted Ordinance No. 2008-10 approving an <br />amendment to the Development Agreement (`Amendment') and this ordinance became <br />effective on June 12. 2008. <br />3. Section 6.3, "Term of Agreement," of the Development Agreement provides a twenty five <br />(25) -year term from the effective date of the original adopting ordinance, and therefore, the <br />Development Agreement as amended expires on March 15, 2019. <br />4. Hoag applied for a second amendment to the Development Agreement ('Second <br />Amendment') to extend the twenty five (25) -year term an additional twenty five (25) years. <br />The application requests no other changes to the Development Agreement, as amended, <br />or to existing development regulations. <br />5. Newport Beach Municipal Code ("NBMC") Section 15.45.040 requires that development <br />agreements include the term, permitted uses, density and intensity of development, <br />maximum height and size of proposed buildings, and provisions for reservation or <br />dedication of land for public purposes. <br />6. The Development Agreement provides the necessary considerations of Section 15.45.040 <br />and it includes certain public benefits in exchange for vested rights to develop over the initial <br />twenty five (25) -year term of the agreement, as amended. <br />7. The Planning Commission held a public hearing on January 17, 2019, in the City Council <br />Chambers, located at 100 Civic Center Drive, Newport Beach, California, at which time the <br />Planning Commission considered the Second Amendment. A notice of time, place, and <br />purpose of the hearing was given in accordance with the NBMC. Evidence, both written and <br />oral, was presented to and considered by the Planning Commission at the hearing. <br />