Laserfiche WebLink
9$04bbJ:) <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), or <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), Q,E (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 />(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 LOS "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 />