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CITY COUNCIL OF THE CITY OF pLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> ORDINANCE NO. 1247 <br /> ORDINANCE ApPROVING DEVELOPMENT AGREEMENT BETWEEN THE <br /> CITY OF pLEASANTON AND THE pRUDENTIAL INSURANCE COMPANY <br /> OF AMERICA FOR HACIENDA BUSINESS PARK PHASE II <br />WHEREAS, Government Code Section 65864 through Section 65869.5 <br /> authorizes cities and counties to enter into binding <br /> development agreements with persons having legal or <br /> equitable interests in real property for the development <br /> of such property; and <br /> <br />WHEREAS, The prudential Insurance Company of America has made <br /> application to the City to enter into such an agreement <br /> provided for in the Government Code in conjunction with <br /> its application for approval of a development plan; and <br /> <br /> WHEREAS, the EIR certified as adequate for the project as a whole <br /> encompassed the effects of the project as provided for <br /> in the development agreement; and <br /> WHEREAS, after public notice, the planning Commission held a <br /> hearing on February 12, 1986 and recommended approval of <br /> the development agreement as proposed; <br /> THE CITY COUNCIL OF THE CITY OF pLEASANTON DOES HEREBY ORDAIN AS <br /> FOLLOWS: <br /> Section 1: Finds that the proposed Development Agreement for <br /> Hacienda Business Park Phase II is consistent with the <br /> City's General Plan. <br /> Section 2: Approves the Development Agreement between the City <br /> of pleasanton and The prudential Insurance Company of <br /> America, a copy of which can be reviewed at the City <br /> Attorney's office, 200 Old Bernal Avenue, pleasanton, <br /> California- <br /> Section 3: Authorizes the appropriate city officials to execute <br /> the above-referenced agreement- <br /> Section 4: This ordinance shall be published once within fifteen <br /> (15) days after its adoption in "The Tri-Valley Herald," <br /> a newspaper of general circulation published in the City <br /> of pleasanton. <br /> Sections5: This ordinance shall be effective thirty (30) days <br /> after the date of its final passage and adoption- <br /> iNTRODUCED at a regular meeting of the City Council of the City <br /> of pleasanton on March 4, 1986. <br /> <br /> <br />