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Ordinance No. Page of 6 ORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING THE FIFTH AMENDMENT TO THE STONERIDGE SHOPPING CENTER DEVELOPMENT AGREEMENT TO EXTEND THE TERM FOR ONE YEAR, WITH A CITY MANAGER OPTION TO EXTEND FOR ONE ADDITIONAL YEAR SUBJECT TO THE COMPLETION OF PERFORMANCE STANDARDS 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 to amend and extend the Stoneridge Shopping Center Development Agreement, governing a previously approved approximately 362,790-square-foot shopping center expansion, for one year, with a City Manager option to extend for one additional year subject to the completion of performance standards; and WHEREAS, on January 4, 2012, the City Council certified a Supplemental Environmental Impact Report (SEIR) and adopted the CEQA Findings and a Statement of Overriding Considerations for the Housing Element and Climate Action Plan General Plan Amendment and Rezonings Supplemental EIR. This SEIR was a supplement to the EIR prepared for the Pleasanton 2005-2025 General Plan which was certified in July 2009. The development contemplated in the agreement is consistent with the development density that was evaluated and mitigated as part of these certified CEQA documents. In addition, the City adopted an Addendum dated April 19, 2019, in connection with the Stoneridge Mall Commercial Replacement and Expansion Project, File P18-0340, which concluded that the project would not cause any unstudied impacts or impacts peculiar to the parcel. The proposed Fifth Amendment does not result in any effects on the environment that are peculiar to the property or project that were not addressed in these prior CEQA documents, or which substantial new information shows will be more significant than described in these prior CEQA documents. Therefore, no additional environmental review is required pursuant to Public Resources Code section 21083.3 and CEQA Guidelines section 15183; and WHEREAS, the Planning Commission held a public hearing on November 8, 2023, and adopted Resolution No. PC-2023-15, recommending that the City Council approve the amendment; and WHEREAS, on December 5, 2023, the City Council held a duly noticed public hearing on this application and considered all public testimony, agenda report, and related materials, and the recommendations of City staff and the Planning Commission; and WHEREAS, the City Council finds the proposed extension of the Development Agreement is consistent with the City's General Plan. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. Finds that the 362,790-square-foot expansion of the Stoneridge Shopping Center was considered in the Supplemental Environmental Impact Report (SEIR) and adopted Findings and Statements of Overriding Consideration approved by the City Council 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. Attachment 1 Page 35 of 371