For City Council Meeting [November 27, 2018]
TO: Honorable Mayor and Members of the City Council
APPROVAL: Ahmad R. Ansari, Interim City Administrator
FROM: Robb R. Steel, Assistant CA/Development Services Director
Title
Request City Council to Approve (1) a Grant of Easement and Agreement between the City of Rialto and DBA III, LLC, and (2) a Grant of Easement and Agreement by and between DBA III LLC and the City of Rialto, and (3) a Contingent Purchase Agreement between the City of Rialto and Lewis Hillwood Rialto, all related to the Ayres Hotel development located at the southwest corner of Linden Avenue and Renaissance Parkway.
Body
BACKGROUND:
On September 25, 2018, the City Council approved land use entitlements for development of a 135 room Ayres Hotel at the southwest corner of Linden Avenue and Renaissance Parkway within the Renaissance Specific Plan. The land use entitlements included approval of an Addendum to the previously adopted and Certified Environmental Impact Report for the Amended Renaissance Specific Plan and Conditional Development Permits for the hotel use and the ABC License. LHR will acquire the site from the City and Ayres will acquire the site from LHR via a direct conveyance from the City to Ayres.
On September 25, 2018, the City Council approved land use entitlements for the creation of 3 new parcels and the development of 3 industrial buildings totaling 540,000 square feet on the adjacent 28.4 acre site. LHR also intends to acquire this Site from the City, for conveyance to a third party industrial developer.
Tentative Parcel Map No. 19943 showing the Ayres property and the Building 7/8/9 property along with the general location of the access easements is attached hereto as Attachment A.
ANALYSIS/DISCUSSION
Grant of Easement from City of Rialto to DBA III ("DBA Easement Agreement")
The Conditions of Approval for both the Ayres Hotel Project and the Building 8/9 Project require shared access connections from Rena...
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