PC 2000-45 - Laserfiche WebLink

IV. OVERRIDING CONSIDERATIONS ARer balancing the unavoidable significant and other adverse effects on the enviwnment and the benefits of the Project, the City Council finds that the following econernic, legal, social, technological and other benefits of the Project outweigh any unavoidable significant effects on the environment: 1) The Bernal Property will be annexed into Pleasanton and will be developed in conformity with Pleasanton's public purposes and policies, including Pleasanton's growth management program, thereby allowing Pleasanton to manage development of the Bernal Property within its urban growth boundary in a comprehensive fashion. 2) 320 acres of the project site will be granted to the City, without cost, and set aside in perpetuity for recreational, institutional, public, and open space uses, to be determined as Phase II of the project. The total acreage of such dedication exceeds Pleasanton's normal requirements. 3) 15% of the units at the Project will be affordable housing, including: 56 duet units for moderate-income families; 20 apartment units for very-low-income families; and 11 apartment units for moderate income families. 4) San Francisco has sold to the Pleasanton Unified School District, at an advantageous price, an expanded 11.2-acre elementary school site, and has rearranged the Project's land use plan to allow the PUSD to acquire and develop the site in the most timely and efficient manner, with the school site scheduled to open in fall 2000. 5) The developer will pay PUSD's school fees in an amount greater than required by state law. 6) The developer will incorporate "Green Building" practices into the Project. 7) The developer will continue and expand bicycle and pedestrian trails and allow for the extension of regional trails. 8) The developer will pay for and/or finance regional and local infrastructure projects of wide benefit to all of Pleasanton, including $15 million for the Bernal Avenue/I- 680 interchange, (including) up to $700,000.00 for the new Bernal Bridge, the Valley Avenue undercrossing, other road improvements as necessary to meet Pleasanton circulation and traffic polices, and extension and upgrading of city water transmission mains and storm drainage conveyance system improvements. 9) The developer will dedicate a 5-acre neighborhood park in the West Parcel, a 0.9- acre Village Common special use park, and an 18-acre neighborhood / special use 66