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RESOLUTION NO. 10 -397 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING <br /> VARIOUS AGREEMENTS IN CONNECTION WITH THE STAPLES RANCH PROJECT AND <br /> AUTHORIZING THE MAYOR TO SIGN THE AGREEMENTS <br /> WHEREAS, the Pleasanton City Council has approved the Stoneridge Drive Specific <br /> Plan Amendment/Staples Ranch concerning the proposed annexation and development of the <br /> Staples Ranch property ( "the Staples Ranch Project "); and <br /> WHEREAS, to implement the Staples Ranch Project, City staff has negotiated a number <br /> of agreements with representatives of the Surplus Property Authority of Alameda County, Alameda <br /> County, the Hendrick Automotive Group and Continuing Life Communities Pleasanton, namely an <br /> Agreement for the Purchase and Sale of Real Property (concerning the Neighborhood <br /> Park/Detention Basin), a Funding and Improvement Agreement for the Neighborhood <br /> Park/Detention Basin, a Growth Management Agreement, an Agreement Concerning Independent <br /> Living Units, and an Agreement regarding the transfer of property tax revenues; and <br /> WHEREAS, the City Council finds that it is in the best interest of the City to enter into <br /> these agreements in order to carry out the Staples Ranch Project. <br /> NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON DOES RESOLVE, DECLARE, DETERMINE, AND ORDER THE FOLLOWING: <br /> SECTION 1. It approves the agreements referenced below and authorizes the Mayor <br /> to sign the agreements when approved as to final form by the City Attorney: <br /> Agreement for the Purchase and Sale of Real Property, <br /> Funding and Improvement Agreement for the Neighborhood Park/Detention Basin, <br /> Growth Management Agreement, <br /> Agreement Concerning Independent Living Units, and <br /> Agreement Regarding the Transfer of Property Tax Revenues. <br /> SECTION 2. This resolution shall become effective immediately upon its adoption. <br /> PASSED, APPROVED, AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on the 7`" day of September, 2010. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing <br /> resolution was adopted by the City Council at a regular meeting held on September 7, 2010, by <br /> the following vote: <br /> Ayes: Councilmembers Cook- Kallio, McGovern, Sullivan, Thorne, Mayor Hosterman <br /> Noes: None <br /> Absent: None <br /> Abstain: None <br /> 1 <br />