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03
City of Pleasanton
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CITY CLERK
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2017
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121917
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12/13/2017 2:12:47 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
12/19/2017
DESTRUCT DATE
15Y
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• <br /> ° 604abs3 <br /> that the following special conditions shall apply to <br /> the additional 202,000 square foot of Floor Area <br /> approved as part of the Project pursuant to the First <br /> Amendment to Development Agreement (but such conditions <br /> shall not apply to the previously approved 178,000 <br /> square feet remaining unused at the date of such First <br /> Amendment) : <br /> (A) no use of such additional Floor Area will be <br /> made until the earlier of (x) completion of the West <br /> Las Positas study and, as a consequence thereof, any <br /> modification of the Circulation Element of the City's <br /> General Plan (including revisions to the street network <br /> and/or acceptable levels-of-service therein) , Ix <br /> (y) December 31, 1999; and <br /> (B) within sixty (60) days following occurrence <br /> of the condition referred to in the foregoing <br /> subparagraph (A) , the City shall, by a majority vote of <br /> its City Council, either, (x) revoke Developer's rights <br /> to the additional 202,000 square feet of Floor Area if <br /> development of such additional Floor Area is determined <br /> to be inconsistent with said Circulation Element (as <br /> the same may be amended as a result of the West Las <br /> Positas study) , Qx (y) confirm Developer's rights to <br /> the additional 202,000 square feet of Floor. Area if <br /> development of such additional Floor Area is determined <br /> to be consistent with said Circulation element (as the <br /> same may be amended as a result of the West Las Positas <br /> study) . Such action by the City Council shall be <br /> undertaken at a regularly noticed public hearing, and <br /> the Council action to revoke or to confirm shall be <br /> deemed a legislative action. <br /> Any such revocation shall not affect Developer's other <br /> rights and obligations under the Development Agreement <br /> as amended, nor limit or prejudice Developer's right at <br /> any time to request City approval (whether pursuant to <br /> the Development Agreement or otherwise) of additional <br /> expansion within the Stoneridge Shopping Center." <br /> 5. 'Iiscellaneous. <br /> (a) Developer acknowledges that the City is not <br /> guaranteeing that existing LOS standards be maintained in <br /> perpetuity and that no guarantee is made that the City will be <br /> responsible for keeping intersections at IAS "D" or better. <br /> (b) Developer shall continue to implement a proactive <br /> Transportation Systems Management program or other measures which <br /> will positively mitigate the Project's otherwise anticipated <br /> traffic impacts. <br /> (c) Except as. expressly modified by this Amendment, ' <br /> the City and Developer hereby ratify and confirm all of the terms <br /> -10- <br />
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