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THE CITY OF • 8 CITY COUNCIL AGENDA REPORT p L£ASANT ONe July 15, 2014 Community Development Engineering Division TITLE: APPROVE THE FINAL MAP, IMPROVEMENT PLANS AND SUBDIVISION AGREEMENT FOR TRACT 8147 (TOWNSHIP SQUARE) SUMMARY Tract 8147 creates 97 single-family detached residential lots and 210 apartment units at 1600 Valley Avenue. The property is located south of Bernal Avenue and Pleasanton Gateway Shopping center, west of Valley Avenue, and east of Hwy 680 as shown on the attached vicinity map. Staff has reviewed the Final Map and Improvement plans and has found them to be in substantial conformance with the approved Tentative Map. PLANNING COMMISSION RECOMMENDATION On September 11, 2013, the Planning Commission approved an application by Pleasanton Gateway LLC for Vesting Tentative Map, Tract 8147, to subdivide the property located at 1600 Valley Avenue into one 109 lots, including 97 lots for single- family detached homes, and one lot for two hundred ten apartment units. It also includes ten lots for community use (club house, open space, sidewalk, community garden, etc.) and one lot for a driveway to be shared with existing development on the north side. RECOMMENDATION 1. Approve the Improvement Plans and Final Map for Tract 8147 (Township Square). 2. Authorize the City Manager to execute the Subdivision Agreement for this development. 3. Accept all parcels of land and easements offered for dedication on the Final Map. FINANCIAL STATEMENT Revenue from increased property and sales taxes as well as development fees are anticipated to cover the increased cost to provide public services and maintain public infrastructure. The developer is responsible for the cost of constructing the public improvements related to the project.