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RESOLUTION NO. 16-848 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> APPROVING THE AFFORDABLE HOUSING AGREEMENT BETWEEN THE CITY OF <br /> PLEASANTON AND PONDEROSA HOMES II, Inc., AS FILED UNDER CASE NO. <br /> PUD-99. <br /> WHEREAS, Ponderosa Homes II, Inc. has made an application to the City for an <br /> Affordable Housing Agreement arising from the construction of 19 single-family <br /> residential homes located at 1851 Rose Avenue, as filed under Case No. PUD-99, and <br /> Ponderosa proposes to utilize inclusionary unit credits from another Ponderosa project <br /> as set forth in the agreement; and <br /> WHEREAS, the Pleasanton Housing Commission reviewed and recommended <br /> approval of the Affordable Housing Agreement at its meeting of February 18, 2016; and <br /> WHEREAS, a duly-noticed public hearing was held by the City Council on April <br /> 19, 2016, at which time the public was given the opportunity to comment on the <br /> Affordable Housing Agreement; and <br /> WHEREAS, based on the Supplemental Environmental Impact Report (SEIR) <br /> prepared for the Housing Element update in 2011, the project site was part of the <br /> Housing Element update; thus, the proposed development is substantially consistent <br /> with the 2011 Housing Element update, which was analyzed in the SEIR. No new <br /> information or changed circumstances have occurred that would require supplemental <br /> environmental review, pursuant to California Environmental Quality Act (CEQA) <br /> Guidelines Section 15162; 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 <br /> CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE, AND ORDER <br /> THE FOLLOWING: <br /> SECTION 1. Finds that the proposed Affordable Housing Agreement between the <br /> City of Pleasanton and Ponderosa Homes II, Inc. is consistent with the City's General Plan <br /> and the objectives of the City's affordable housing polices. <br /> SECTION 2. Approves the Affordable Housing Agreement between the City of <br /> Pleasanton and Ponderosa Homes II, Inc., a copy of which is attached hereto as Exhibit <br /> A and incorporated herein by this reference; and authorizes the City Manager to <br /> execute the Affordable Housing Agreement in generally the form attached as Exhibit A, <br /> subject to approval by the City Attorney. <br />