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ATTACHMENT 3 <br />RESOLUTION NO. 16- <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />PLEASANTON APPROVING A GROWTH MANAGEMENT <br />AGREEMENT WITH CATALYIST DEVELOPMENT FOR THE <br />CONSTRUCTION OF 10 TOWNHOMES AND RELATED SITE <br />IMPROVEMENTS AT 536 AND 550 ST. JOHN STREET AND THE <br />VACANT PARCEL TO THE EAST OF 536 ST. JOHN STREET, AS FILED <br />UNDER CASE NO. PUD -120 <br />WHEREAS, the City has approved PUD -120 for the construction of 10 <br />townhomes and related site improvements (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 <br />31, 2022), the annual Growth Management unit allocation shall not exceed the <br />number of units required to meet the City's RHNA for the fifth cycle divided by <br />the number of years in that cycle; and <br />WHEREAS, the Project's units would be used to meet the RHNA for <br />the fifth cycle; and <br />WHEREAS, a duly noticed hearing concerning the Growth <br />Management Agreement was held by the City Council on September 20, 2016; <br />and <br />WHEREAS, the City Council determined that pursuant to Government Code <br />Section 65457, the proposed project is exempt from CEQA because the project <br />complies with the certified EIR for the Downtown Specific Plan. Therefore, no <br />environmental document accompanies this report; and <br />WHEREAS, the City Council finds that it is in the best interest of the City <br />to enter into a Growth Management Agreement for PUD -120. <br />NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL <br />OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, <br />DETERMINE, AND ORDER THE FOLLOWING: <br />SECTION 1. Approves the Growth Management Agreement with Catalyst <br />Development for PUD -120 in substantially the form as the agreement attached hereto <br />as Exhibit A, which is incorporated herein by this reference, and authorizes the City <br />1 <br />