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03 ORDINANCE NO. 2028 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING THE CITY-INITIATED REZONING OF TEN ACRES OF THE STONERIDGE SHOPPING CENTER PROPERTY (1008 — 2481 STONERIDGE MALL ROAD), AS FILED UNDER CASE P11-0908 WHEREAS, the City of Pleasanton has initiated the rezoning of approximately 10 acres of the Stoneridge Shopping Center property (Site 3) located at 1008-2481 Stoneridge Mall Road (APN 941-1201-094-03) from the Regional Commercial — Enclosed Mall (C-R[m]) District to the Planned Unit Development—Mixed Use (PUD-MU) District; and WHEREAS, a Supplemental Environmental Impact Report was prepared for this project, and a resolution certifying the Environmental Impact Report as complete and adequate in compliance with the California Environmental Quality Act was adopted on January 4, 2012; and WHEREAS, at its meeting of January 4, 2012, the City Council received the Planning Commission's positive recommendation for approval of the rezoning of the BART property; and WHEREAS, a duly noticed public hearing was held on January 4, 2012; and WHEREAS, after a review of the materials presented, the City Council determined that the proposed rezoning of the Stoneridge Shopping Center property is appropriate; and WHEREAS, the rezoning of a portion of the Stoneridge Shopping Center property is consistent with the General Plan, adopted on July 21, 2009, as amended on January 4, 2012. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES HEREBY ORDAIN AS FOLLOWS: Section 1. The City Council finds that the rezoning of a portion of the Stoneridge Shopping Center is consistent with the General Plan, adopted on July 21, 2009, as amended on January 4, 2012. Section 2. The rezoning of approximately 10 acres of the Stoneridge Shopping Center property (Site 3) located at 1008-2481 Stoneridge Mall Road (APN 941-1201-094-03) from the Regional Commercial — Enclosed Mall (C-R[m]) District to the Planned Unit Development— Mixed Use (PUD-MU) District is hereby approved. Section 3. The uses allowed and development standards applicable to this site are those of the (C-R[m]) District, and multifamily residential development at a minimum density of 40 units an acre is authorized. Section 4. The Zoning Map of the City of Pleasanton, dated April 18, 1960, on file with the City Clerk, designating and dividing the City into zoning districts, is hereby amended by Zoning Unit Map No.481, attached hereto as Exhibit A, dated January 4, 2012, and incorporated herein by this reference. Section 5. The full text of this ordinance shall be published once within fifteen (15) days after its adoption in "The Valley Times," a newspaper of general circulation within the City of Pleasanton.