(A) Review, processing, and approval of finance maps shall be processed in accordance with the provisions of Chapter 7.20 (Tentative Maps) and Chapter 7.80 (Improvements), including the requirement for submittal of a tentative map and a final or parcel map, as applicable. The Director may waive certain submittal requirements and standards not applicable to the review, processing, and approval of finance maps.
(B) Each sheet of the finance map shall clearly state the following: “For finance purposes only. A future subdivision map or land use entitlement or permit shall be required prior to development of this property. This map does not remove any conditions of approval for separate land use entitlements or permits or tentative maps approved for this land.”
(C) The language contained in division (B) of this section shall also be recorded via separate instrument in a manner approved by the City Attorney.
(D) Any development of the land shall require the approval of a subdivision map or a land use entitlement or permit or any combination thereof in accordance with applicable city ordinances and/or the Map Act.
(Ord. 2019-286, passed 11-20-2019; Am. Ord. 2019-291, passed 12-18-2019)