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RESOLUTION NO. 15-809 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, <br /> APPROVING THE AFFORDABLE HOUSING AGREEMENT BETWEEN THE <br /> CITY OF PLEASANTON AND GHC LUND RANCH, LLC, AS FILED UNDER <br /> CASE PUD-25 <br /> WHEREAS, GHC Lund Ranch, LLC, has made an application to the City for an <br /> Affordable Housing Agreement for the construction of 48 single-family, two-story homes at <br /> the approximately 194.7-acre Lund Ranch II property located at 1500 Lund Ranch Road at <br /> the end of Lund Ranch Road; and <br /> WHEREAS, the Housing Commission reviewed the Affordable Housing Agreement <br /> at its duly noticed public hearing of May 21, 2015; and <br /> WHEREAS, duly noticed public hearings were held by the City Council on <br /> November 17, 2015 and December 1, 2015, at which time the public was given the <br /> opportunity to comment on the Affordable Housing Agreement; and <br /> WHEREAS, on December 1, 2015, the City Council certified the Final <br /> Environmental Impact Report prepared for the project as adequate and complete; and <br /> WHEREAS, the City Council considered all the information presented at the <br /> public hearing regarding the terms of the Affordable Housing Agreement. <br /> NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON DOES RESOLVE, DECLARE, DETERMINE, AND ORDER THE <br /> FOLLOWING: <br /> SECTION 1. It finds that the proposed Affordable Housing Agreement between the <br /> City of Pleasanton and GHC Lund Ranch , LLC, is consistent with the City's General Plan <br /> and the objectives of the City's affordable housing policies. <br /> SECTION 2. It approves the Affordable Housing Agreement between the City of <br /> Pleasanton and GHC Lund Ranch, LLC, a copy of which is attached hereto as Exhibit A <br /> and incorporated herein by this reference; and authorizes the City Manager to execute the <br /> Affordable Housing Agreement in generally the form attached as Exhibit A. <br /> SECTION 3. This resolution shall become effective immediately upon the <br /> effective date of the ordinances approving the PUD Development Plan and <br /> Development Agreement for this project. <br /> PASSED, APPROVED, AND ADOPTED by the City Council of the City of <br /> Pleasanton at a regular meeting held on December 1, 2015. <br /> 1 <br />