RES 01105 - Laserfiche WebLink

PLEASANTON UNIFIED scHooL DISTRICT AMENDED AGREEMENT REGARDING SCHOOL FACILITIES PREAMBLE THIS AMENDED AGREEMENT REGARDING SCHOOL FACILITIES ("Amended Cooperative Fee Agreement") shall be effective as of June 5, 2001, ("Effective Date") and is entered into by and between the CITY OF PLEASANTON, a municipal corporation ("City"), PLEASANTON UNIFIED SCHOOL DISTRICT, a public school district in the Slate of California ("District"), Signature Properties, Inc. ("Signature"), and Standard Pacific Corporation ("Standard Pacific"; collectively, Signature and Standard Pacific are the "Cooperative Fee Developers"). RECITALS A. WHEREAS, City's General Plan, adopted September 16, 1986, (the *'General Plan"), and certain ordinances adopted by City. in connection therewith have established the number of Residential Units, as defined in Section 1 .I 1, to be developed within the City, (individually a "Planned Residemial Unit" and collectively the "Planned Residemial Units") based upon a projected future buildout of 20,000,000 square feet of Residential Units. Each Cooperative Fee Developer either has or wishes to obtain a Land Use Entitlement. as defined in Section 1.6, and/or has or wishes to obtain Growth Management Approval. as defined in Section 1.5, for a portion of the Planned Residential Units (individually a "Planned Residential Project" and collectively, the "Planned Residential Projects"), as shown on "Exhibit "A" hereto. B. WHEREAS, the City, District and Signature entered into the "Agreement Regarding School Facilities" ("Cooperative Fee Agreement") effective as of July 1, 1992, and Standard Pacific entered into the Cooperative Fee Agreement effective as of April 1, 1996. The Cooperative Fee Agreement provided for certain fees to be paid and obligations to be undertaken by the Cooperative Fee Developers to address the District's need for school facilities arising from the Cooperative Fee Developers' Planned Residential Projects as identified on Exhibit "A" hereto. The Cooperative Fee Agreement, when taken into account with other developer agreements in the City, was intended to ensure that the District would b'e able timely to complete work on school facilities as identified on Exhibit "B" of the Cooperative Fee Agreement, which same facilities are also identified on Exhibit "B" of this Amended Cooperative Fee Agreement ("School Facilities"). C. WHEREAS, City, District and the Cooperative Fee Developers desired at the time of the Cooperative Fee Agreement and continue to desire that the School Facilities be timely funded and developed to provide adequate facilities for K-12 students already generated and June 1, 2001 3.