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ORDINANCE NO. 2007-20 <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH APPROVING THE NORTH <br />NEWPORT CENTER PLANNED COMMUNITY <br />DEVELOPMENT PLAN AND AMENDMENTS .TO <br />DISTRICTING MAP NO. 48, NO. 49, AND NO. 50 AND TO <br />THE SAN JOAQUIN PLAZA PC DEVELOPMENT PLAN <br />AND THE BLOCK 500 PC DEVELOPMENT PLAN [CODE <br />AMENDMENT NO. CA2007 -007 AND PLANNED <br />COMMUNITY DEVELOPMENT PLAN AMENDMENT NO. <br />PA2007 -0031 <br />WHEREAS, The Irvine Company has filed an application with respect to its <br />property located in North Newport Center and consisting of the following sub - areas: <br />parts of Newport Center Block 500, Newport Center Block 600, parts of San Joaquin <br />Plaza, and Fashion Island ( "Property'); and <br />WHEREAS, the application seeks approval of a Planned Community <br />Development Plan Amendment to be specified in the North Newport Center Planned <br />Community Development Plan that will implement General Plan land use designations <br />and regulations for the Property; and <br />WHEREAS, the Property will be governed by the North Newport Center Planned <br />Community Development Plan, which includes the North Newport Center Design <br />Regulations and sets forth land uses, development standards, and procedures; and <br />WHEREAS, as part of its application, The Irvine Company seeks approval of a <br />Code Amendment to change the zoning classification of Block 600 from the <br />Administrative Financial Professional (APF) District to the Planned Community (PC) <br />District and the open space corner lots in Block 500 and Block 600 from the Open <br />Space (OS) District to the Planned Community (PC) District and to amend the San <br />Joaquin Plaza PC Development Plan and the Block 500 PC Development Plan to <br />remove the Property from the regulations contained in these documents; and <br />11 <br />