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BACKGROUND In 2006, Pleasanton voters approved Measure P which adopted the Bernal Property Phase II Specific Plan outlining public improvements to the Bernal Property. As an outcome of the Specific Plan, the City Council subsequently adopted the Bernal Community Park Master Plan (Master Plan) that included general planning elements for the 50-acre community park. The Master Plan anticipated the park being developed in four phases: • Phase I: Two lighted baseball fields, restrooms, play areas, parking, and equipment storage sheds - Completed in 2009 • Phase II: Three lighted multi-purpose synthetic all weather fields, stadium seating, a plaza gathering area, Oak Woodland area, children's playground, picnic area, parking, restrooms, and equipment storage sheds - Completed in 2016 • Phase III: Could include another lighted baseball field with seating, amphitheater, trails, parking, a potential cultural arts center, and a park maintenance facility • Phase IV: Could potentially include another lighted multi-purpose field and/or other active spaces. In 2014, City Council approved a Memorandum of Understanding (MOU) (Attachment 1) and funding plan for Phase II. The sports groups committed to funding $2 million through donor contributions and other methods to offset facility construction costs: • In April 2016, the City received a one-time donation from Fremont Bank in the amount of$25,000 as part of the Play Bernal Fundraising Campaign • In May 2016, the City entered into an agreement with Lucile Salter Packard Children's Hospital at Stanford in the amount of$250,000 over a five-year term for the naming rights of the stadium field - the City received complete payment and the agreement has reached its term • In June 2016, the City entered into an agreement with Patelco Credit Union in the amount of$625,000 over a five-year term for the naming rights of the complex - the City received complete payment and the agreement has reached its term • In September 2016, the City entered into an agreement with Leisure Sports Inc. in the amount of $30,000 over a five-year term for the naming rights of the playground at Phase II - the City received complete payment and the agreement has reached its term • In October 2016, the City entered into an agreement with CTS in the amount of $100,000 over a five-year term for the naming rights of the west field - the City received complete payment and the agreement will reach its term in April 2022 • The Rai family contributed $30,000 thus far with a total commitment of $50,000 dedicated to the digital kiosks - the remaining $20,000 will be collected over the next five years. In addition to the above major sponsors, totaling $1,060,000, the Play Bernal Fundraising Group received $114,709 in donations via website, checks, and corporate Page 2 of 4