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PXXX17-0904, 1008-1700 Stoneridge Mall Road Planning Commission 6 of 7 necessary to secure a further two-year extension4 through December 31, 2026. The DA also provides for an additional two-year extension through December 31, 2028, at the discretion of the City Manager or City Council, upon demonstration of material progress towards the Master Plan. In addition to the funding described above, the DA provides for milestones in the first six months such as developing a more detailed scope, schedule, and budget for subsequent phases; and initiating a collaborative process among owners to resolve issues of mutual concern, such as parking; and seeking qualified consultants as needed to support these efforts. If additional funding is received either from the applicant or the other Mall owners, the 18-month or two-year extension would provide additional time for the planning efforts initiated during the first six months to further advance. Thereafter, it would be at the discretion of the City Manager or City Council to grant an additional two-year extension based on material progress demonstrated by the applicant. See Exhibit A (Section X) for a complete list of terms of the DA terms, extension timeframes, and milestones. For these reasons, staff supports the DA extension. Staff believes the additional timeframes permitted by the Sixth Amendment would allow the Stoneridge Mall Framework planning efforts to progress and also facilitate the applicant’s participation in the process in order to secure the orderly development of the shopping center expansion, with greater opportunities to secure effective traffic management, cohesive, attractive site design, public and private improvements, and related economic benefits to the City. The DA process requires the Planning Commission to determine if a DA is consistent with the General Plan and provide a recommendation to the City Council for action. Based on the information in the report, staff believes this Sixth Amendment is consistent with the General Plan and recommends the Planning Commission forward a recommendation for approval to the City Council. PUBLIC NOTICE Notices of this application were sent to surrounding property owners and tenants within a 1,000-foot radius of the site. A courtesy email notice was also sent to other owners of property at the mall. Staff has provided the location and noticing map as Exhibit D for reference. At the time this report was published, no public comment was received by staff. ENVIRONMENTAL ASSESSMENT 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 DA is consistent with the development density that was evaluated and mitigated as part of these certified CEQA documents which are available upon request as part of Exhibit C. 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 the project would not cause any unstudied impacts or impacts peculiar to the parcel. The proposed Sixth 4 The Development Agreement also includes a provision for the other Mall owners to each provide a similar funding amount, in which case the DA would extend for an additional 18 months after December 31, 2024.