Title
UPTOWN NEWPORT DEVELOPMENT AGREEMENT, THIRD AMENDMENT (PA2025-0010)
Site Location: 4321 Jamboree Road
Recommendation
Summary:
Amendment to Section 4.5 (Light Industrial Land Uses) of Uptown Newport Development Agreement No. DA2012-003 (DA) to extend the allowable term of existing light industrial land uses currently operating as TowerJazz Semiconductor (TowerJazz) located within future Phase 2 of Uptown Newport Planned Community (PC-58). The request is for an additional 3.5 years, from March 12, 2027, to September 12, 2030.
Recommended Actions:
1. Conduct a public hearing;
2. Find that all significant environmental concerns for the proposed project have been adequately addressed in the previously certified Environmental Impact Report No. ER2012-001 (SCH No. 2010051094), First Addendum No. ER2012-001, and Second Addendum No. ER2020-001; and
3. Adopt Resolution No. PC2025-009 approving Uptown Newport Development Agreement No. DA2012-003, Third Amendment.