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5 ORDINANCE NO. 2005 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING THE APPLICATION OF PLEASANTON GATEWAY, L.L.C. (SCOTT TROBBE) FOR A SEVEN YEAR EXTENSION OF THE DEVELOPMENT AGREEMENT (PDAM -03) BETWEEN THE CITY AND PLEASANTON GATEWAY REGARDING ITS EIGHT - BUILDING OFFICE DEVELOPMENT TOTALING 745,000 SQUARE FEET ON AN APPROXIMATELY 39.22 -ACRE SITE AT 6750 BERNAL AVENUE WHEREAS, Pleasanton Gateway, L.L.C., has applied for a seven (7) year extension of the Development Agreement for its property at 6750 Bernal Avenue regarding an eight - building office development totaling 745,000 s.f. on an approximately 39.22 -acre site; and WHEREAS, the Pleasanton Gateway property is located on a portion of the 516 -acre Bernal Property Specific Plan area, Planned Unit Development (PUD) Plan area, and which was studied in the Bemal Property Environmental Impact Report; and WHEREAS, zoning for the Pleasanton Gateway property is Planned Unit Development — Commercial (PUD -C) District; and WHEREAS, at its meeting of August 17, 2010, the City Council received information in the staff report, testimony from members of the public, the Planning Commission's finding from its May 12, 2010 meeting that the requested extension is consistent with the Pleasanton General Plan and the Bernal Property Specific Plan, and the recommendation for approval of the Development Agreement extension; and WHEREAS, the physical environment of the Pleasanton Gateway property has not significantly changed since the Bernal Property Final EIR was approved for the Bernal Property Specific Plan and Planned Unit Development (PUD) zoning, including the Pleasanton Gateway project in , and the extension of the Development Agreement does not modify the approved Pleasanton Gateway project; and WHEREAS, after a review of the materials and consideration of the testimony presented, the City Council determines that the proposed Development Agreement extension (PDAM -03) is consistent with the Pleasanton General Plan and with the Bemal Property Specific Plan. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. Approves Case PDAM -03, the request of Pleasanton Gateway, LLC, to extend its Development Agreement with the City of Pleasanton for an additional seven (7) years, as generally set forth in Exhibit A, attached here and incorporated herein by reference. SECTION 2. Directs the City Manager to execute the Amendment to Development Agreement to provide for the seven (7) year extension, as generally set forth in Exhibit A. SECTION 3. A summary of this ordinance shall be published once within fifteen (15) days after its adoption in "Valley Times," a newspaper of general circulation published in the City of Pleasanton, and the complete ordinance shall be posted for fifteen (15 days) in the City Clerk's office within fifteen (15) days after its adoption.