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ATTACHMENT 3 <br />RECOMMENDED MODIFICATION TO <br />STAPLES RANCH DEVELOPMENT AGREEMENT <br />September 7, 2010 <br />Attachment 3 <br />Section 3.06 Construction of Stoneridge Drive Extension Improvements and Opening <br />Stoneridge Drive to Through Traffic. SPA shall cause the construction of the <br />Stoneridge Drive Extension Improvements as part of the Staples Ranch Project. <br />Prior to the start of construction of the two bridges over the Arroyo Mocho, the City <br />will hold a public workshop in the Stoneridge Drive neighborhood detailing the <br />mitigations and conditions required for the opening of Stoneridge Drive to through <br />traffic. The workshop will also provide potential timelines for when the milestones <br />for the opening of Stoneridge Drive to through traffic are expected to occur. The <br />Stoneridge Drive Extension Improvements shall include a gate(s) and/or barrier(s) <br />to prohibit- inhihit through traffic to and from El Charro Road if at the time the <br />Stoneridge Drive Extension Improvements are completed, Jack London Boulevard <br />(in Livermore) as a two lane road with four lanes at its intersection with El Charro <br />Road and with Isabel Parkway ( "the Jack London Boulevard Improvements ") has <br />not been completed and opened to through traffic. When the Jack London <br />Boulevard Improvements have been completed and Jack London Boulevard is open <br />to through traffic (or if the Jack London Boulevard Improvements have been <br />completed and Jack London Boulevard is open to through traffic when the <br />Stoneridge Drive Extension Improvements are completed), the City shall <br />immediately open Stoneridge Drive to through traffic but the bridges over the <br />Arroyo Mocho shall be striped for one lane of travel in each direction. Prior to the <br />opening of Stoneridge Drive to through traffic, the City shall (1) place noise <br />attenuating pavement on all portions of Stoneridge Drive from Santa Rita Road to <br />its current terminus at Trevor Parkway and (2) construct a soundwall starting at the <br />western edge of Snowdrop Circle and extending east approximately 65 feet. After <br />Stoneridge Drive has been open to through traffic for two years, the City Council <br />may at any time thereafter determine to stripe the bridges over the Arroyo Mocho <br />for two lanes of travel in each direction thereby opening the road to its full four lane <br />configuration. Prior to doing so, the City shall evaluate traffic data, solicit <br />community input and schedule a public hearing for review and consideration of the <br />matter. <br />Section 6.03 Applicable Law. <br />(a) The rules, regulations, official policies, standards and specifications <br />applicable to the Staples Ranch Project (the "Applicable Law ") are those set <br />forth in this Agreement, the Project Approvals and, with respect to matters <br />not specifically addressed by this Agreement or the Project Approvals, only: <br />