ORD 2101 - Laserfiche WebLink

• D. Workday. Inc. is an important employer in the City of Pleasanton. Workday's employees patronize local businesses, especially those in the adjacent Stoneridge Mall. The City has obtained a Fiscal Impact Analysis report dated April — 2014 which outlines the fiscal benefit to the City of Pleasanton from the contemplated Project. Workday's 2014 Fiscal Year revenues were approximately S469.000.000 and for the prior two fiscal years, the company's global revenues were approximately $274,000,000 in Fiscal Year 2013 and approximately $134.000.000 in Fiscal Year 2012. During the same period. Workday's total global employee count increased to more than 2600 as of January 31, 2014, from about 1750 and 1050 at the end of its 2013 and 2012 fiscal years respectively. Workdays growth has benefited the City of Pleasanton in many respects. This Project is adjacent to the West Dublin-Pleasanton BART station. It is expected that more and more of Workday Inc.'s employees will take BART to work, thereby helping to alleviate traffic congestion on City streets and Bay Area freeways. E. This Project will include installation of a Police Sub Station at the West Dublin- Pleasanton BART station for use by both the Pleasanton and BART Police Departments. along with landscaping. plaza and pedestrian walkway improvements connecting the project site to the West Dublin-Pleasanton BART station. F. CEQA Compliance. On . the City Council adopted a resolution approving a Mitigated Negative Declaration for the Project. G. PUD Development Plan. Following review and recommendation by the City Planning Commission and after a duly noticed public hearing, preparation and consideration of a negative declaration, the City Council. by Ordinance approved the PUD Rezoning and Development Plan and PUD Major Modification (the "Project Design Review") for a six-story. approximately 430,000 square foot office building. parking garage. surface parking, plaza and walkway connection to the BART station, and passenger drop-off improvements on and around the existing BART parking garage and 6110. and a parking garage and surface parking at SCP. along with related site improvements such as landscape modifications, storm water treatment areas, etc., and collectively referred to in this Agreement as the "Project Site". H. 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- . and approved this Agreement. I. The approvals described in Recitals H and f are collectively referred to herein as the "Project" or the "Project Approvals" and applies to the six-story, approximately 430,000 square foot office building. parking garage, and surface parking at 6110, and a parking garage and surface parking at SCP, along with related site improvements such as landscape modifications. stormwater treatment areas. etc, and the contemplated lot-line adjustments. J. In exchange for the benefits to City described in these recitals, including but not limited to assurance that the Project consistent with the PUD Development Plan approval referred to above can proceed, together with the other public benefits that will result from the development of the Project Site. Developer will receive by this Agreement assurance that it may proceed with the Project in accordance with the "Applicable Law" (defined below), and therefore desires to enter into this Agreement. -2-