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RESOLUTION NO. 15-785 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> APPROVING A GROWTH MANAGEMENT AGREEMENT FOR 5551 AND <br /> 5561 CALICO LANE AND 1737 THROUGH 1761 LYNN COURT, AS FILED <br /> UNDER CASE NO. P15-0486 <br /> WHEREAS, the City has previously approved a Planned Unit Development <br /> (PUD-94) by Roselyn Estates, LLC for the construction of seven single-family homes <br /> at 5551 & 5561 Calico Lane and 1737 — 1761 Lynn Court (the "Project"); and <br /> WHEREAS, Ordinance 2112 of the City of Pleasanton sets forth a Growth <br /> Management Program (at Chapter 17.36 of the Pleasanton Municipal Code) which <br /> authorizes the City to enter into agreements with developers to achieve orderly <br /> growth rates for residential development; and <br /> WHEREAS, Ordinance 2112 states that for the current Regional Housing <br /> Needs Allocations (RHNA) cycle (5th Cycle from January 1, 2014 — October 31, <br /> 2022), the annual Growth Management unit allocation shall not exceed the number <br /> of units required to meet the City's RHNA for the fifth cycle divided by the number of <br /> years in that cycle; and <br /> WHEREAS, the Project's seven (7) units would be used to meet the RHNA <br /> for the fifth cycle, and not exceed the currently available growth management unit <br /> allocations; and <br /> WHEREAS, a duly noticed hearing concerning the Growth Management <br /> Agreement was held by the City Council on October 6, 2015; and <br /> WHEREAS, the City Council finds that it is in the best interest of the City to <br /> enter into a Growth Management Agreement for the above referenced Project. <br /> NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF <br /> THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE, AND <br /> ORDER THE FOLLOWING: <br /> SECTION 1. It approves a Growth Management Agreement with Roselyn <br /> Estates LLC for PUD-94 in substantially the same form as the agreement attached <br /> hereto as Exhibit A, which is incorporated herein by this reference, and authorizes <br /> the City Manager to sign the agreement when approved as to final form by the City <br /> Attorney. <br /> SECTION 2. This resolution shall become effective immediately upon <br /> adoption. <br /> PASSED, APPROVED, AND ADOPTED by the City Council of the City of <br /> Pleasanton at a regular meeting held on October 6, 2015. <br />