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RESOLUTION NO. 17-934 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON APPROVING A GROWTH MANAGEMENT AGREEMENT <br /> WITH PONDEROSA HOMES II, INC. FOR THE CONSTRUCTION OF 36 <br /> TOWNHOMES AND RELATED SITE IMPROVEMENTS 6900 VALLEY <br /> TRAILS DRIVE,AS FILED UNDER P16-1384 AND PUD-113 <br /> WHEREAS, the City has approved PUD-113 for the construction of 36 single- <br /> family homes 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 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 units would be used to meet the RHNA for the <br /> fifth cycle; and <br /> WHEREAS, a duly noticed hearing concerning the Growth Management <br /> Agreement was held by the City Council on May 2, 2017; and <br /> WHEREAS, the City Council determined that the proposed project that the proposed <br /> project was adequately analyzed in the Negative Declaration for the Project and no further <br /> environmental review is required pursuant to the California Environmental Quality Act <br /> (CEQA); and <br /> WHEREAS,the City Council finds that it is in the best interest of the City to enter <br /> into a Growth Management Agreement for PUD-113. <br /> NOW,THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE <br /> CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE, AND <br /> ORDER THE FOLLOWING: <br /> SECTION 1. Approves the Growth Management Agreement with Ponderosa Homes <br /> II, Inc. for PUD-113 in substantially the form as the agreement attached hereto as Exhibit A, <br /> which is incorporated herein by this reference, and authorizes the City Manager to sign the <br /> agreement when approved as to final form by the City Attorney. <br /> SECTION 2. This resolution shall become effective immediately upon the effective <br /> date of the ordinance approving the PUD-113. <br /> 1 <br />