4_Exhibit A - Laserfiche WebLink

RESOLUTION NO. PC-2023-15 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF PLEASANTON RECOMMENDING APPROVAL OF THE APPLICATION OF STONERIDGE PROPERTIES, L.L.C. (SIMON PROPERTY GROUP) TO AMEND THE STONERIDGE SHOPPING CENTER DEVELOPMENT AGREEMENT, GOVERNING AN APPROXIMATELY 362,790- SQUARE-FOOT EXPANSION, TO EXTEND THE TERM FOR ONE ADDITIONAL YEAR, PLUS A POTENTIAL ADDITIONAL ONE YEAR FURTHER EXTENSION, AS FILED UNDER CASE NO. PXX17-0904 WHEREAS, Stoneridge Properties, LLC (Simon Property Group) has applied for a Fifth Amendment to the Development Agreement for the properties at 1008 - 1700 Stoneridge Mall Road for a one (1) year extension of the term to December 2024, plus the additional potential further extension by one year to December 2025 upon administrative determination by the City Manager of owner’s completion of stated milestones, payment of current development impact fees, residential and mixed-use development subject to the January 2023 Objective Design Standards, City approval of any transfer, and owner reimbursement of environmental and consultant costs for Framework development, regarding its approximately 362,790 square foot remaining permitted expansion to the Stoneridge Shopping Center, as filed under Case PXX17- 0904; and WHEREAS, a Supplemental Environmental Impact Report (SEIR) was prepared and certified on January 4, 2012, for the Housing Element update and Climate Action Plan General Plan Amendments and Rezonings that supplemented the Environmental Impact Report (EIR) prepared for the Pleasanton 2005-2025 General Plan, certified in July 2009. This SEIR anticipated completion of the subject 362,790 square foot expansion of the Stoneridge Shopping Center. The California Environmental Quality Act (CEQA) specifies that individual development projects that are covered by a previously certified EIR or SEIR are exempt from additional environmental review, therefore there is no additional environmental document regarding this Development Agreement extension is required pursuant to Public Resources Code §21083.3 and CEQA Guidelines §15183; and WHEREAS, on November 8, 2023, the Planning Commission held a duly noticed public hearing on this application and considered all public testimony, agenda report, and related materials, and after consideration adopted Resolution No. PC-2023-15, recommending that the City Council approve the extension. NOW, THEREFORE BE IT RESOLVED by the Planning Commission of the City of Pleasanton, based on the entire record of proceedings, including the oral and written agenda reports and all public comment and testimony: Section 1. Recommends that the City Council find that the Fifth Amendment to the Development Agreement is consistent with the General Plan as it extends for one year, plus a potential further one-year extension, the opportunity for a 362,790-square-foot expansion of the Stoneridge Shopping Center, subject to the payment of current development impact fees, on property with a General Plan Land Use Designation of Retail / Highway / Service Commercial Business and Professional Offices. Section 2. Recommends that the City Council find that the 362,790-square-foot EXHIBIT A