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A TTACHMEN T THE CITY OF Planning Commission Staff Report rr I p LEASANTON. August Item �5 a. SUBJECT: PDAM -02 APPLICANTS: Jim Happ Kenneth and Pamela Chrisman PROPERTY OWNER: Kenneth and Pamela Chrisman PURPOSE: Application to extend the Development Agreement with Kenneth and Pamela Chrisman for a five -year period from 2012 to 2017. GENERAL PLAN: Vineyard Avenue Corridor Specific Plan (Low Density Residential land uses) ZONING: PUD LDR (Planned Unit Development Low Density Residential) District. LOCATION: 1944 Three Oaks Drive (formerly known as 1944 Vineyard Avenue) on the south side of Vineyard Avenue Trail ATTACHMENTS: Exhibit A, Original Development Agreement Exhibit B, Location Map BACKGROUND The subject property is a 20 -acre site located within the Vineyard Avenue Corridor Specific Plan Area.' The property is one of two parcels comprising a 19 -lot residential Planned Unit Development proposed by Centex Homes and adopted by the City Council in June 2001 (Ord. 1832, PUD -05). Ten of the 19 lots would be developed on the Chrisman's site. The City Council subsequently approved a Development Agreement between the City and the Chrismans (Ord. 1855, adopted June 4, 2002). Development agreements are contracts specifically authorized by State law with the intended purpose of giving property owners more certainty about policies which will apply to their property and, therefore, encourage investment, including the provision of public facilities. This Development Agreement sets forth the development rights and responsibilities related to the planned unit development. 1 The Chrisman's property is Lot No. 23 in the Specific Plan, formerly 1944 Vineyard Avenue, 2 The adjacent westerly Berlogar property, Lot 22 in the Specific Plan, is the second parcel within this PUD. Case No. PDAM -02 Planning Commission Page 1 of 4