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BACKGROUND On June 19, 2001, the City Council approved PUD-06, an application by Centex Homes to subdivide 1887 Vineyard Avenue and two lots east of it (on an approximately 54.6- acre site) into 44 lots and three Vineyard Estate lots for the construction of new single family homes. The property is located between Vineyard Trail (Old Vineyard Avenue) and Vineyard Avenue, east of the Pleasanton Unified School District property. On July 10, 2002, the Planning Commission approved an application by Centex Homes for a Vesting Tentative Map (Tract 7385) to subdivide the property into 44 lots, three Vineyard Estate lots, two common area parcels, and the option of a future day care parcel or two additional lots. Centex Homes constructed the first phase of the Vesting Tentative Map 7385. Tract 8112 (The Reserve at Pleasanton) is the second and last phase of the Vesting Tentative Map, Tract 7385. All public and subdivision improvements for this sub- division have been constructed and are ready for acceptance. DISCUSSION Improvements Constructed This development constructed a new public street, Finch Place, a court off of Manoir Lane (formerly School Loop Road). It also constructed two private streets, Shotwell Court off of Manoir Lane, and Frog Hill Lane off of Finch Place, as shown in Attachment 1. The street, street lights, sanitary sewer main, storm drain and water main serving this project within the public street, Finch Place, will be maintained and operated by the City. The sanitary sewer main and water main within the two private streets will also be maintained and operated by the City. The street lights and storm drain system on Shotwell Court will be private and maintained by the home owners association (HOA) of Tract 8112. The private street Frog Hill Lane will be maintained by the HOA and the property owners of 1666 Frog Hill Lane (Roberts), as per the private agreement recorded at the Alameda County Recorder's Office on March 22, 2013 (series number 2013-107122). The storm water treatment areas on each lot will be the maintenance responsibility of the individual property owners. This development also created an estate lot which has a residential home constructed within the building envelope and vineyards that have been planted within the agricultural easement. A perpetual agricultural and open space conservation easement has been dedicated pursuant to the Vineyard Avenue Corridor Specific Plan and recorded at the Alameda County Recorder's Office on November 13, 2013. In addition, the Tri-Valley Conservancy has been named as an intended Third Party Beneficiary entitled to exercise all rights of Grantee (City) in accordance with the terms of the easement. The Tri-Valley Conservancy is a California nonprofit public benefit corporation whose primary purpose is the preservation, protection, or enhancement of land in its agricultural and/or open space condition in the Tri-Valley area of eastern Alameda County. Page 2 of 3