SCH Number 2001051063
- Malibu Bay Company Development Agreement
- The Malibu Bay Company (MBC, Applicant) is proposing land use designation and development over some of its twelve (12) properties (together, the "Collective Projects") within the City of Mailbu. These properties are clustered into three general locations: the Malibu Civic Center, Point Dume and the base of Trancas Canyon. Development of these properties will be governed by a Development Agreement (DA) between the City of Mailbu (lead agency) and MBC. The DA will establish and implement twenty (20) years of land use entitlements and requirements for the Collective Projects. Approval of the DA is anticipated to occur in 2002; and build-out of the Collective Projects will occur by 2023. In addition, a Donation Agreement between the two parties is proposed, which will provide acreage and funding for a park on the Point Dume property.
3 documents in project