ORD 2285 - Laserfiche WebLink

4. The Developer has applied for the following entitlements or "Project Approvals": (a) a Planned -Unit Development development plan (PUD -147) to construct a 111 lot residential subdivision, including an age -qualified community with 93 single family detached homes (92 new single-family detached homes and 1 existing single-family home), 18 affordable senior courtyard detached and duet homes and related on-site and off-site improvements; (b) a Vesting Tentative Map (Tract 8522); (c) a Pre -Annexation and Development Agreement; (d) Annexation (P22-1089). 5. To strengthen the public planning process, encourage private participation in comprehensive planning and reduce the economic risk of development, the State of California enacted California Government Code §§65864 et seq. (the "Development Agreement Statute"), which authorizes City to enter into an agreement with any person having a legal or equitable interest in real property regarding the development of such property. City has determined that by entering into this Development Agreement: a. City is receiving assurances of a quality development of the Project in accordance with the goals and policies set forth in the City of Pleasanton's General Plan as it exists on the "Effective Date" (defined below); b. City will benefit and the public interest will be served from: c. Reducing uncertainties in planning and provide for the orderly development of the Property; d. Developer will provide the City with development of the Project Site with the following public benefits: (1) design and completion of a trail extension from the Project's southeastern trail connection at Foothill Knolls Park to the Project's northern trail connection at Eastwood Way, which trail extension is identified as a priority improvement in the Pleasanton Trails Master Plan, and for which Developer shall be solely responsible for all design, installation and ongoing maintenance costs; (2) design and installation of road frontage improvements that will improve pedestrian and bike safety on Foothill Road beyond the Project Site frontage to the south, to Foothill Knolls Drive, and to the north, beyond Muirwood Drive, for which Developer shall be solely responsible for all design and installation costs; (3) payment of a monetary contribution in the amount of $1,000,000 to be used by City for public safety facilities and equipment in order to improve public safety; and (4) provision of senior market rate and senior affordable moderate -income housing that will promote and serve the housing needs of seniors within the City. 6. CEQA Compliance. An Environmental Impact Report was prepared and, on January 26, 2023, certified by City for the 6th Cycle Housing Element (P21-0751) ("EIR") for which the Project Site was identified as Area 22 — Merritt Property. In connection with the EIR, City also adopted a Mitigation Monitoring and Reporting Program ("MMRP") as part of Resolution No. 23- 1357. The EIR anticipates that up to two units per acre of housing will be constructed on the Project Site, and the Project with its density bonus pursuant to Cal. Government Code §65915(b)(1)(C) is consistent with the General Plan and EIR. In accordance with CEQA