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4_Exhibit B
City of Pleasanton
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BOARDS AND COMMISSIONS
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PLANNING
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AGENDA PACKETS
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2020 - PRESENT
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2023
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11-08_SPECIAL
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4_Exhibit B
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11/1/2023 3:02:51 PM
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11/1/2023 3:01:42 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
11/8/2023
DESTRUCT DATE
15Y
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\BOARDS AND COMMISSIONS\PLANNING\AGENDA PACKETS\2020 - PRESENT\2023\11-08_SPECIAL
4_Exhibit A
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\BOARDS AND COMMISSIONS\PLANNING\AGENDA PACKETS\2020 - PRESENT\2023\11-08_SPECIAL
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g804Cl~J:> <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), ~ <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), ~ (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 />5. Miscellaneous. <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-
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