RES201181 - Laserfiche WebLink

RESOLUTION NO. 20-1181 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING A GROWTH MANAGEMENT AGREEMENT WITH ALAINA STEWART I BRINGHURST LLC FOR THE CONSTRUCTION OF FOUR NEW SINGLE-FAMILY HOMES AND RELATED SITE IMPROVEMENTS LOCATED AT 990 SYCAMORE ROAD, AS FILED UNDER CASE NO. PUD-135 WHEREAS, the City has approved PUD-135 by Alaina Stewart/ Bringhurst LLC for a five lot subdivision, to allow for the construction of four (4) new single-family homes in addition to the existing single family home (the "Project"); and WHEREAS, Ordinance 2112 of the City of Pleasanton sets forth a Growth Management Program (Chapter 17.36 of the Pleasanton Municipal Code) which authorizes the City to enter into agreements with developers to achieve orderly growth rates for residential development; and WHEREAS, Ordinance 2112 states that for the current Regional Housing Needs Allocations (RHNA) cycle (5th Cycle from January 1, 2014—October 31, 2022), the annual Growth Management unit allocation shall not exceed the number of units required to meet the City's RHNA for the fifth cycle divided by the number of years in that cycle; and WHEREAS, the Project's four (4) new units would be used to meet the RHNA for above- moderate income housing for the fifth cycle; and WHEREAS, a duly noticed hearing concerning the Growth Management Agreement was held by the City Council on August 18, 2020; and WHEREAS, the City Council finds that it is in the best interest of the City to enter into a Growth Management Agreement for PUD-135. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. Approves the Growth Management Agreement with Alaina Stewart/Bringhurst LLC for PUD-135 in substantially the form as attached as Exhibit A, which is incorporated herein by this reference, and authorizes the City Manager to sign the agreement when approved as to final form by the City Attorney. SECTION 2. This resolution shall become effective immediately upon the effective date of the ordinance approving the PUD-135. PASSED, APPROVED, AND ADOPTED by the City Council of the City of Pleasanton at a regular meeting held on August 18, 2020. I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing resolution was adopted by the City Council at a regular meeting held on the 18th day of August 2020, by the following vote: