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ATTACHMENT 3 <br />THE CITY OF Planning Commission <br />M -et <br />Agenda Report <br />��� <br />November 10, 2021PLEAS"NTONo <br />Item 2 <br />SUBJECT: PX17-0904 <br />APPLICANT/ <br />PROPERTY OWNER: Stoneridge Properties, LLC (Simon Property Group) <br />PURPOSE: Application to amend and extend the Stoneridge Shopping Center <br />Development Agreement (DA), governing an approximately <br />362,790 -square -foot shopping center expansion, for one year. <br />LOCATION: Stoneridge Shopping Center (1008-1700 Stoneridge Mall Road) <br />GENERAL PLAN: Retail/Highway/Service Commercial, Business and Professional <br />Offices and Mixed Use <br />ZONING: CR(M) — (Regional Commercial — Mall) and PUD—MU (Planned <br />Unit Development — Mixed Use) District <br />EXHIBITS: A. Draft Fourth Amendment to the DA for the Stoneridge <br />Shopping Center <br />B. Original DA with first, second and third amendments <br />C. Pleasanton General Plan 2005-2025 Environmental Impact <br />Report (EIR), and Housing Element and Climate Action Plan <br />(CAP), General Plan Amendment and Rezonings <br />Supplemental Environmental Impact Report (EIR) and <br />Adopted Findings including Statement of Overriding <br />Considerations (available upon request) <br />D. Location and Notification Map <br />STAFF RECOMMENDATION <br />Staff recommends the Planning Commission adopt a resolution recommending: (1) the City <br />Council find the proposed amendment to the Stoneridge Shopping Center Development <br />Agreement to be exempt from the California Environmental Policy Act (CEQA) pursuant to <br />Public Resources Code section 21083.3 and CEQA Guidelines section 15183; and (2) the City <br />Council approve the proposed amendment and extension of the DA as set forth in Exhibit A. <br />EXECUTIVE SUMMARY <br />The applicant, Stoneridge Properties, LLC (Simon Property Group), proposes to amend and <br />extend the Development Agreement (DA) for the Stoneridge Shopping Center by extending the <br />term of the agreement by one year until December 2023. The applicant's proposal would be <br />