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RESOLUTION NO. 1519 <br />A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY <br />OF NEWPORT BEACH RECOMMENDING APPROVAL TO THE CITY <br />COUNCIL OF AMENDMENTS TO THE LAND, USE ELEMENT OF <br />THE NEWPORT BEACH GENERAL PLAN [GPA 97 -3 (F)], THE <br />LOCAL COASTAL PROGRAM LAND USE PLAN [LCP 51], AND <br />TITLE 20 OF THE MUNICIPAL CODE [AMENDMENT 878] AND <br />RECOMMENDING THE APPROVAL OF A PLANNED COMMUNITY <br />DISTRICT PLAN [PC -48], A DEVELOPMENT AGREEMENT [DA 12], <br />AND A CONCEPTUAL PRECISE PLAN <br />WHEREAS, the Planning Commission of the City of Newport Beach finds as follows: <br />1. The City of Newport Beach has received an application for a 600 <br />room/unit hotel and time -share project on property identified on Lease <br />Parcels A, B, and C and Irvine Parcel of Newport Dunes Aquatic Park <br />located at 101 North Bayside Drive and 1131 Back Bay Drive; and <br />2. The application for a project consists of the following: <br />a. Redesignation of Planning Unit 1 of the Newport Dunes Resort <br />from Recreation and Environmental Open Space to Retail and <br />Service Commercial and an amendment to the Land Use Element <br />text to increase in the authorized number of rooms/units from 275 to <br />the proposed 600 and authorized square footage of the hotel from <br />500,000 square feet to the proposed 700,000 square feet. <br />b. Amendment to Section 20.65.040 and Section 20.65.050 of the <br />Newport Beach Municipal Code to establish a new height <br />limitation zone for the property. <br />c. A Planned Community District Plan to establish land use and <br />