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ORDINANCE NO.2218 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF PLEASANTON AND 1OX GENOMICS, INC. WHEREAS, Government Code 5565865-65869.5 authorizes a city to enter into binding development agreements with persons having legal interests in real property for the development of such property, and WHEREAS, 10x Genomics, lnc. has applied to the City for a Development Agreement concerning its PUD rezoning and development plan applications for a Planned Unit Development (PUD) Rezoning to rezone the subject parcel from C-R (p) (Regional Commercial - peripheral sites) District to PUD-C-O (Planned Unit Development - Commercial-Office) District and a PUD Development Plan to construct up to three new multi-story research and development, office and laboratory buildings totaling approximately 381,000 square feet, a parking structure, and related site improvements over multiple phases at its 1701 Springdale Avenue property, referred to as PUD-139 and P20-0973 (collectively the "Project"); and WHEREAS, after public notice, on May 25,2021, the Planning Commission held a hearing and recommended that the City Council make a finding of General Plan conformity for the Development Agreement; and WHEREAS, at its meeting of June 15,2021, the City Council reviewed the agenda report from the Director of Community Development together with a copy of the agenda report to the Planning Commission on this matter, and held duly-noticed public hearing, at which time 10x Genomics, lnc. and members of the public were offered an opportunity to present evidence regarding the development agreement; and WHEREAS, the development agreement is for the Project for which the City Council adopted a Mitigated Negative Declaration on June 15,2021. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. Finds that the proposed development agreement is consistent with the City's General Plan. SECTION 2. Approves the Development Agreement between the City of Pleasanton and 10x Genomics, lnc., a copy of which is attached hereto as ExhibitA and incorporated herein by this reference, and authorizes the City Manager to sign the Development Agreement in generally the form shown in Exhibit A, subject to minor modifications approved by the City Manager and City Attorney. SEGTION 3. A summary of this ordinance shall be published once within fifteen (15) days after its adoption in "The Valley Times," a newspaper of general circulation published in the City of Pleasanton, and the complete ordinance shall be posted forfifteen (15) days in the City Clerk's office within fifteen (15) days after its adoption.