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City of Pleasanton
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CITY CLERK
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2021
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12/15/2021 3:53:16 PM
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12/15/2021 3:30:02 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
12/21/2021
DESTRUCT DATE
15Y
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• <br />93103418 <br />protest pursuant to this Section 3.2(b) shall not be construed as <br />an action of noncompliance under the terms of this Agreement. <br />(d) Specific Project -Generated Traffic Improvements. <br />Stoneridge Mall Road is designed to function as a traffic <br />distributor and best fulfills its function without traffic <br />signals. The parties agree, however, that if a multi-level <br />parking structure is constructed and, in the determination of <br />traffic engineers for the City (following review by and <br />consultation with the Developer's traffic engineers), traffic <br />control measures are necessary on Stoneridge Mall Road, Developer <br />shall pay for the installation of a traffic signal or other <br />similar mitigation measure. Such mitigation measure shall become <br />a condition imposed during the design review process, but such <br />condition will allow actual field studies for specified period of <br />time prior to the actual installation of such traffic mitigation <br />measure. <br />(e) Public Transit. The Developer will continue to <br />cooperate in permitting public bus access to and from the <br />Shopping Center as provided in the existing written agreements <br />with Contra Costa County Transit Authority, Livermore Amador <br />Valley Transit Authority, and San Francisco -Bay Area Rapid <br />Transit District. <br />3.3 Project Phasing. The Project will be developed in <br />phases, and the Parties acknowledge that Developer cannot <br />presently predict the timing or sequencing of any such Project <br />phasing. Such decisions depend upon numerous factors which are <br />not within the control of Developer, such as market orientation <br />and demand, interest rates, competition and other similar <br />factors. Because the California Supreme Court held in Pardee <br />Construr,tion Co. v. City of Camarillo, 37 Cal. 3d 465 (1984) , <br />that failure of the parties therein to provide for the timing of <br />development resulted in a later -adopted initiative restricting <br />the timing of development approved under the parties' agreement, <br />it is the Parties' intent to cure that deficiency by <br />acknowledging and providing that Developer shall have the right <br />to develop the Project in phases in such order and at such times <br />as Developer deems appropriate within the exercise of its <br />subjective business judgment and the provisions of this <br />Agreement. By entering into this Agreement, Developer shall not <br />be obligated to develop the Project. <br />3.4 Other Governmental Permits. <br />(a) Developer or City (whichever is appropriate) <br />shall apply for such other permits and approvals from other <br />governmental or quasi -governmental agencies which may have <br />jurisdiction over the Project (such as any public utility <br />district) as may be required for the development of, or provision <br />of services to, the Project. City shall promptly and diligently <br />cooperate, at no cost to the City, with Developer in its <br />endeavors to obtain such permits and approvals and, from time to <br />time at the request of Developer, shall attempt with due <br />-8- <br />
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