1965_001DocuSign Envelope ID: 58819D87-D8DB-4FB1-84B6-8FBA9D31D21F
July 20, 2021
OAK PROPERTIES, INC
9747 BUSINESSPARK AVE
SAN DIEGO, CA 92131
Re: Agreement for the Deposit and Reimbursement of fees incurred by the City of
Menifee in Conducting and Processing Analysis under the California
Environmental Quality Act of Planning Application No. PLN-0002
("FREEDOM BUSINESS PARK PROJECT")
Dear Mr. Gay:
OAK PROPERTIES, INC ("Developer") has requested that the City of Menifee
("City") consider Planning Application No. PLN-0002 (FREEDOM BUSINESS PARK
PROJECT") located north of Scott Road, east of Haun Road, south of Wickerd Road, and west of
Interstate 215 (APNs: 360-390-006, 360-390-007), proposes the construction of five (5) new
multi -tenant speculative buildings with a total of 283,165 square feet on approximately 17.55
acres. Proposed tenants will include light industrial, business park, and assembly/light
manufacturing uses consistent with the Economic Development Corridor -Southern Gateway
(EDC-SG) of the General Plan. All proposed buildings are anticipated to be single story and not
exceed thirty-seven (37) feet in height. The Project would create four (4) water quality basins and
include landscaping and street improvements for the overall Project ("Project"). To conduct its
review and analysis of the Project, the City is required to conduct an environmental analysis
("CEQA Analysis") as required by the California Environmental Quality Act, Public Resources
Code section 21000 et seq., and its implementing guidelines found at Title 14 of the California
Code of Regulations section 15000 et seq.
The City will commence to take the steps necessary, at Developers sole expense so that the
City will be able to conduct and complete the CEQA Analysis. Developer has indicated that it is
prepared to reimburse the City for all costs associated with the City's conduct, processing, and
consideration of the CEQA Analysis including without limitation in-house staff time and
resources, environmental consultant time and resources, City's legal counsel's time and resources,
and other third party cost items. For example, the costs incurred by the City to engage an
environmental review consultant, and any necessary sub -consultants or technical consultants, to
conduct the CEQA Analysis shall be borne by Developer. This letter serves as an "Initial Deposit
Agreement" by and between Developer and the City.
680/031858-0003
14598110.2 a07/28/21
DocuSign Envelope ID: 58819D87-D8DB-4FB1-84B6-8FBA9D31 D21 F
Mr. Mike Gay
July 20, 2021
Page 3
Very truly yours,
CITY 0 ` MI;NII-, :-T'
Cheryl Kit Brow, Comt ity Development Director
APPROVED AS TO FORM:
By:5DOCUSIgned by:
fi kt , Gv ty v6� "
.l e reyTTe fciil n g, City Attorney
ACCEPTANCE OF INITIAL DEPOSIT AGREEMENT:
OAK PROPERTIES, INC
LtZ�`
gnud by:
B Date:7/29/2021
y�..
Mr. Mike Gay
680/031858-0003
14598110.2 a07/28/21