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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 89-98 <br /> <br /> APPROVAL OF CERTIFICATE OF COMPLIANCE <br /> WITH DEVELOPMENT AGREEMENTS FOR HACIENDA <br /> BUSINESS PARK PHASES I AND II <br /> <br /> WHEREAS, pursuant to the terms of the development agreements <br /> with Prudential Insurance Company of America and <br /> Callahan Pentz Properties, an annual review of the <br /> progress of development of the subject project is <br /> required by Government Code §65865.1 to confirm <br /> compliance with the terms f the agreements; and <br /> <br />WHEREAS, the City has received the required submittals from <br /> both Prudential and Callahan which demonstrate the <br /> developers' good faith compliance with the terms <br /> and conditions of the Development Agreements for <br /> Hacienda Business Park, Phase I and Phase II; and <br /> <br />WHEREAS, the City Council hereby makes the following <br /> findings: <br /> <br /> a. The actions, programs of public works <br /> construction, economic investments, policies, <br /> and technical and legal analyses undertaken in <br /> fulfillment of the Development Agreements are <br /> hereby found to comply with the terms of the <br /> Phase I development agreement in that they <br /> satisfy each of the general objectives and <br /> specific requirements set forth in the Phase <br /> I Development Agreement that applied to Phase <br /> I during the interval commencing March 1, 1988 <br /> and ending February 28, 1989. <br /> <br /> b. The actions, programs of public works <br /> construction, economic investments, policies, <br /> and technical and legal analyses undertaken in <br /> fulfillment of the Development Agreements are <br /> hereby found to comply with the terms of the <br /> Phase II Development Agreement that applied to <br /> Phase II during the interval commencing <br /> March 1, 1988 and ending February 28, 1989. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: Approves the proposed Certificate of Compliance <br /> for Phases I and II, Hacienda Business Park <br /> development Agreement. <br /> <br /> <br />