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D. City has undertaken several actions to meet its Regional Housing Needs Allocation ("RHNA") and to review and plan for future housing and retail uses on the Project Site, including, without limitation, the following: (1) CEQA Compliance. A Supplemental Environmental Impact Report was prepared and, on January 4, 2012, certified by City for the City of Pleasanton Housing Element and Climate Action Plan General Plan Amendment("Housing Element EIR"). In connection with the Housing Element EIR, City also adopted a Mitigation Monitoring and Reporting Program ("MMRP"), portions of which were made applicable to the Project Site. The Housing Element EIR anticipated that a high density residential project of up to 168 housing units would be constructed on the Project Site. Upon receipt of Developer's project applications, City prepared and considered an Addendum to the Housing Element EIR and determined that the Housing Element EIR fully analyzed all the impacts of the Project. (2) Housing Site Development Standards and Design Guidelines. On September 4, 2012, the City Council adopted the Housing Site Development Standards and Design Guidelines ("Design Guidelines") to guide development on the rezoned sites, including the Project Site. (3) PUD Development Plan and Design Review. Following review and recommendation by the City Planning Commission and after a duly noticed public hearing, preparation and consideration of an Addendum to the Housing Element EIR, the City Council, by Ordinance , Planned Unit Development("PUD") Development Plan 81-30-87D (the "PUD Development Plan") as more particularly described in attached DA Exhibit B (the "Project Design Review"). (4) Growth Management Agreement. Following review and approval of the Project Design Review, the City Council, by Resolution determined that it was in the best interests of the City to approve a Growth Management Agreement covering the Project Site (the "GMA") and further determined that the City's obligations to meet its RHNA is best served if City issues the building permits for the Project Site consistent with the GMA. (5) Affordable Housing Agreement. Following review and recommendation of the Housing Commission and after a duly noticed public hearing, the City Council, by Resolution , approved an Affordable Housing Agreement (the "AHA") covering the Project Site, attached as DA Exhibit D, and a related Inclusionary Unit Credit Agreement (the "IUCA"), attached as DA Exhibit E. (6) Development Agreement. Following review and recommendation by the City Planning Commission and after a duly noticed public hearing, the City Council, by Ordinance , determined that this Agreement was consistent with the City's General Plan and PUD-81-30-87D and approved this Agreement. The approvals described in this Recital D are collectively referred to herein as the "Project Approvals." E. In exchange for the benefits to City described in these recitals, including but not limited to assurance that a residential project consistent with the PUD Development Plan and 067821\4242646v5 2