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above traffic improvements, the City Traffic Engineer may accept a bond tbr the <br /> improvements or waive them (if policies have been adopted) if in his/her jud~mnent <br /> the improvement shown is unlikely to remain in the City's circulation plan. <br />p. The project shall be subject to the full City traffic fees with no offset for any of the <br /> above improvements. <br />Project developers shall be eligible for reimbursement and/or fee credits for any of the <br />above improvements which would either benefit other undeveloped properties or become <br />incorporated into the City's traffic fee program. <br /> <br />144. <br /> <br />The developer shall provide the necessary funds for the purchase and installation of four <br />"Your Speed" devices to be installed at locations in the Mohr-Martin Area, subject to the <br />discretion of the Traffic Engineer. The Traffic Engineer shall work ~vith adjoining <br />neighborhoods to determine the final location of these devices. <br /> <br />Annexation <br />145. In the event the property tax-sharing agreement negotiated for the City during the annexation <br /> of the project results in the city receiving less than the current average share of property tax <br /> the applicant shall work with the City to make up the shortfall on a permanent basis. <br /> <br />Future Medium Densi .ty Residential on School Site <br />146. In the event that medium-density residential senior housing is desired on the school facility <br /> site, a new PUD development plan with the necessary environmental documents shall be <br /> required to be submitted for City approval in accordance with the purpose and <br /> considerations of Chapter 18.68 of the Pleasanton Municipal Code. Any residential <br /> development of this site will be required to provide the necessary traffic and other <br /> mitigations for development of the use on this site. <br /> <br />{END} <br /> <br />City Council Page 32 0f32 August 20, 2002 <br /> <br /> <br />