PC 2000-49 - Laserfiche WebLink

(1) City is receiving assurances of controlled and orderly growth, through a growth management agreement with Prope~ Owner, and quality development in the Project area in accordance with the goals and po!icies set forth in the General Plan, the "Specific Plan" and the "PUD" (as hereinafter defined); (2) City will receive increased tax revenues from tenants and owners of b~sine~es within the Project and from owners of residences within the Project; and (3) City will benefit and the public interest will be served from [Please revise a~d eom*plate]: (a) dedication, by Property Owner, in accordance with the terms and conditions of this Agreement, of approximately 330 acres for public, open space and other uses; (b) provision of an inclusionary affordable housing program; (c) (d) roadway improvements and other infrastructure improvements; dedication and impwvement of a five (5) acre neighborhood park; and (e) reduction of impacts to the Pleesanton community that will otherwise occur by the Project's development in the County. F. Property Owner desires to enter into this Agreement to obtain assurance from City that tim. Project may be developed, constructed, used and sold pursuant to the Project Approvals and Existing Standards as defined herein, and in accordance with this Agreement. In addition, Property Owner desires to enter into this Agreement to provide for a coordinated and systematic approach to funding the cost of certain public improvements or facilities planned by the City, and to establish the timing end extent of required contributions and dedications by Property Owner for these purposes. G. The entire development plan for the Project has been reviewed extensively and public hearings have been held to allow public comment on all aspects of the Project. Public interesl has been protected through numerous conditions of approval which require, among other things, that Property Owner construct and/or contribute to the cost of construction of public facilities and incorporate mitigation measures into the Project. H. In order to proceed with construction of the Project, that portion of the Property within unincorporated Alameda County must be annexed to the City of pleusanton. Prior to such annexation, however, Property Owner requires assurances that it will be able to proceed with the Project as planned and, therefore, receipt of the Initial Project Approvals, guarantee of sewer treatment and disposal capacity and timely action to approve the Master Vesting Tentative Map, among other assurances, are intended and are mutually agreed to be conditions to annexation. I. The following development approvals, entitlements, policies and findings have been adopted by City in connection with the Project: 35690/849375v5 - 2 = 0~/04~0