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RESOLUTION NO. 2024-056 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON DIRECTING <br />THE CITY MANAGER TO EXECUTE THE AFFORDABLE HOUSING AGREEMENT <br />BETWEEN THE CITY OF PLEASANTON AND FOOTHILL BOULEVARD HOLDING <br />COMPANY, LLC, FOR THE PROPOSED PROJECT FILED UNDER CASE NOS. P22- <br />1089, PUD -147, TRACT 8522, AND P24-0378 <br />WHEREAS, on December 27, 2022, Foothill Boulevard Holding Company, LLC, applied <br />for: (1) a determination that the Project is exempt pursuant to CEQA Guidelines Section 15183 <br />and requesting that the Project be evaluated in a Consistency Checklist pursuant to the City of <br />Pleasanton Housing Element Update Final Environmental Impact Report (FEIR); and (2) the <br />following entitlements: (a) Request for Annexation (P22-1089), (b) a Planned Unit Development <br />(PUD) development plan (PUD -147) to construct a 111 -lot residential subdivision, including an <br />age -qualified community with 92 single-family detached homes, 18 affordable senior court -yard <br />detached and duet homes, one (1) existing single-family residence, and related on -and off-site <br />improvements, (c) a Vesting Tentative Map (Tract 8522), and (d) a Pre -Annexation and <br />Development Agreement (P24-0378); and (3) an Affordable Housing Agreement (hereinafter <br />collectively the "Project") for property project located at 4131 Foothill Road (APN 941-0950-003- <br />03), 4141 Foothill Road (APN 941-0950-003-01), APN 941-0950-003-11, and APN 941- 0950- <br />003-12 (hereinafter "the Property"; and <br />WHEREAS, the Property is designated Low Density Resid6ntial (LDR) and Housing <br />Element Sites Overlay (HESO) in the City's General Plan; and <br />WHEREAS, the Property is Pre -zoned PUD-LDR (Planned Unit Development — Low <br />Density Residential) and HOZ (Housing Opportunity Zone) on the City's zoning map; and <br />WHEREAS, the City of Pleasanton is the lead agency on the Project, and the City Council <br />is the decision-making body for the proposed approval of the Project; and <br />WHEREAS, at its duly noticed public meeting of June 26, 2024, the Planning Commission <br />considered the written agenda report, all public testimony, relevant exhibits, and staff <br />recommendations, and then recommended approval of the Project to the City Council; and <br />WHEREAS, at its duly noticed public meeting of July 16, 2024, and prior to taking action <br />on the Project, the City Council considered written and oral staff reports, conducted a public <br />hearing on the Project and took testimony, and received into the record all pertinent documents <br />related to the Project (collectively, the "Record Evidence"), and made the following determinations <br />based on the Record Evidence. <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES <br />RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br />SECTION 1. At its meeting on July 16, 2024, the City Council determined the Project is <br />exempt pursuant to CEQA Guideline Section 15183 as documented in a Section 15183 Checklist <br />for the Project. <br />SECTION 2. The City Council approves the Affordable Housing Agreement between <br />the City of Pleasanton and Foothill Boulevard Holding Company, LLC, a copy of which is attached <br />hereto as Exhibit A and incorporated herein by this reference, and hereby authorizes the City <br />