SR 06:100 - Laserfiche WebLink

continued access to the Vulcan and Hanson bridges; and specifY minimum circulation improvements to allow initial and full development of Staples Ranch, as described in "FinancinglInfrastructure" below. c. Financin~frastructure: ModifY the requirements of the Specific Plan to recognize that the SPA is the sole remaining developer and that some improvements once contemplated to be made by Specific Plan developers have either been made a- will be made by others (e.g., El CharrolI-580 interchange, Arroyo Mocho widening, EI Charro Road south of Jack London/Auto Mall Place, and community park improvements) and to limit the remaining maja- Specific Plan infrastructure requirements to be funded by the SPA to the following: i. 2-lane Stoneridge Dr. bridge across the Arroyo Mocho to serve the planned continuing care community and the community park; ii. 17 acre community park land dedication; III. improvements to El Charro Road from the 1-580 interchange through the Jack London! Auto Mall Place intersection as determined necessary to serve automall and future retaiVoffice development, currently estimated to be a 4-lane roadway with turn lanes; iv. improvements to Stoneridge Drive at its easterly end to accommodate senia- continuing care and community park traffic and improvements to Auto Mall Place to accommodate auto mall and future commercial traffic (not through traffic); and v. dedication of right-of-way fa- future Stoneridge Drive, El Charro Road and the 1-580 interchange to accommodate General Plan-contemplated designs. Pending the cost ofimprovements for items (i), (iii) and (iv) above, the SPA will provide a financial contribution to the City towards the partial improvement of the 17-acre community park in an amount negotiated between the City and the SPA. 4. ADDITIONAL LAND USE ENTITLEMENTS In conjunction with its comprehensive review of modifications to the Specific Plan, SPA and/a- its Buyers shall submit and CITY shall review the following: a. DevelQpment Aireement: A development agreement, to be mutually negotiated between the parties, which (1) would vest the final land use approvals for the auto mall and senior continuing care community, and specifY when these prqects would be built; (2) would vest the zonin~d use approval process for any part of the Staples Ranch that at the time had not received final discretionary land use approval; (3) 4