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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 92-183 <br /> <br />RESOLUTIO~ ~PPROVll~G"A 'NEGATIVE DECLARATION <br />FOR THEAPPLICATION OF SECURITY TRUST COMPANY, <br />AS TRUSTEE UNDER TRUST #1860-0, FOR THE <br />STONERIDGE REGIONAL SHOPPING CENTER <br />DEVELOPMENT AGREEMENT <br /> <br />WHEREAS, <br /> <br />at its meeting of September 15, 1992, the City Council <br />received a proposed negative declaration for the <br />application of the Security Trust Company, as Trustee <br />under Trust %1860-0, for a Development Agreement which: <br />(1) would allow presently permitted uses for the 15-year <br />term of the Agreement; (2) would allow new development <br />totalling an additional 356,000 sq. ft. of leasable floor <br />area in additional department stores, specialty stores, <br />and/or additional mall stores; (3) would restrict height <br />of new improvements to that of the existing center <br />structures; (4) would establish minimum parking ratios <br />and allow up to three-level parking structures; and <br />(5) would establish and cap the owners' obligations for <br />further traffic mitigation improvements; and <br /> <br />WHEREAS, <br /> <br />the City Council has received and reviewed the Initial <br />Study dated June 25, 1992 and received the <br />recommendations of the staff and Planning Commission; and <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />a duly noticed public hearing was held at which time the <br />public was given the opportunity to comment on the <br />environmental impacts of the proposed Development <br />Agreement; and <br /> <br />the City Council has reviewed the potential impacts in <br />accordance with the applicable state and local guidelines <br />governing the preparation of Negative Declarations and <br />Environmental Impact Reports; and <br /> <br />WHEREAS, <br /> <br />the City Council finds that the proposed Development <br />Agreement would not have any significant adverse effects <br />on the environment; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTONRESOLVES <br />AS FOLLOWS: <br /> <br />Section 1: <br /> <br /> Approves the Negative Declaration for the application <br />of the Security Trust Company, as Trustee under Trust <br />#1860-0, for a Development Agreement which: (1) would <br />allow presently permitted uses for the 15-year term of <br />the Agreement; (2) would allow new development totalling <br />an additional 356,000 sq. ft. of leasable floor area in <br /> <br /> <br />