ORD 2285 - Laserfiche WebLink

EXHIBIT A RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City of Pleasanton City Clerk's Office 123 Main Street Pleasanton, CA 94566 Recording Fees Exempt Pursuant to Government Code § 27383 ABOVE SPACE FOR RECORDER'S USE PRE -ANNEXATION AND DEVELOPMENT AGREEMENT FOR MERRITT PROPERTY AT 4141 FOOTHILL ROAD THIS PRE -ANNEXATION AND DEVELOPMENT AGREEMENT ("Agreement') is made and entered into in the City of Pleasanton on , 2024, by and between the CITY OF PLEASANTON, a municipal corporation ("City'), and FOOTHILL BOULEVARD HOLDING COMPANY, LLC, a California limited liability company ("Developer"), pursuant to the authority of California Government Code §§65864 et seq. City and Developer are sometimes referred to herein individually as a "Part}' and collectively as the "Parties." RECITALS 1. Developer has a legal or equitable interest in certain undeveloped real property located in the City of Pleasanton, County of Alameda, California consisting of approximately 46.30 acres, as more particularly described in DA Exhibit A-1 attached hereto, and as diagrammed in DA Exhibit A-2 attached hereto (the "Annexation Property' or the "Project Site"). Developer proposes to develop the Project Site with a 111 unit, age -qualified residential community with 93 single-family detached homes (92 single-family detached homes and 1 existing single-family detached home), 18 affordable senior alley -loaded and/or court -yard detached and duet homes and related on-site and off-site improvements (the "Project'). 2. The Alameda County Local Agency Formation Commission ("LAFCO") is the local agency responsible for designating the Sphere of Influence ("SOP') for the City and approving changes to the boundaries of the City according to the Cortese -Knox -Hertzberg Local Government Reorganization Act (Cal. Government Code §§56000 et seq.) (the "CKH Act'). It is anticipated that LAFCO will approve annexation of the Annexation Property into the City in 2024. 3. The Project Site is located within the City's SOI, is designated as Low Density Residential in the City's General Plan, and is identified in the City's 6th Cycle Housing Element ("Housing Element') as Site 22. To implement certain goals, policies and programs of the Housing Element, the Project Site was pre -zoned Planned Unit Development — Low Density Residential/Housing Opportunity Zone ("PUD-LDR/HOZ') on December 19, 2023 pursuant to Ordinance No. 2259.