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BACKGROUND On August 12, 2015, the Planning Commission recommended City Council approval of PUD-111, a Planned Unit Development (PUD) application by Ponderosa Homes II, Inc. to construct 25 single-family homes and create five open space lots located on an approximately 4.2-acre site at 3430, 3440, and 3450 Cornerstone Court. Subsequently, on October 20, 2015, the City Council approved PUD-111 and adopted Ordinance No. 2129. On February 10, 2016, the Planning Commission approved an application by Ponderosa Homes II, Inc. for Vesting Tentative Map 8257 to subdivide an approximately 4.2-acre site located at 3430, 3440, and 3450 Cornerstone Court into 25 single-family home lots and five open space lots consistent with the PUD development plan for this site. On June 21, 2016, the City Council approved the final map, improvement plans, and subdivision agreement for Tract 8257. DISCUSSION Construction of Subdivision Improvements The subdivision agreement provided for the construction of public utilities within the private streets to serve the 25 new lots. Public Improvements The public improvements serving the 25 new lots that will be operated and maintained by the City include: • A public sanitary sewer main, a public water main, and five public fire hydrants located within dedicated public easements and the private streets (Cornerstone Court, Juno Circle, and Zenith Way); and • One curb ramp at the southwest corner of the Ironwood Road/Cornerstone Court intersection. Private Improvements The private improvements serving the 25 new lots that will be operated and maintained by the homeowners association as provided for in the Declaration of Covenants, Conditions and Restrictions of Meridian at Ironwood, which was recorded on December 28, 2016, include: • The private streets (Cornerstone Court, Juno Circle, and Zenith Way) and the following improvements within those streets: sidewalks, storm drain systems, street lights, landscaping and irrigation, and related improvements; and • Six bioswales located within Tract 8257 and three bioswales located within the adjacent property, 3410 Cornerstone Court (Montessori School of Pleasanton); and • The open spaces (Lots A, B, C, D, and E); and • The common park and masonry wall on Lot B; and • Three mailboxes and support structures each located on Cornerstone Court, Juno Circle, and Zenith Way. Page 2 of 3