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Agreement"), dated as of April 22, 1986 and recorded May 1, 1986, <br /> as Instrument No. 86-103893, relating to Parcel Map 3863, <br /> Official Records of Alameda County, California; <br /> <br /> WHEREAS, Ca}ifornia Governmental Code Sections 65865.1 <br /> requires annual review by City of compliance with the Phase I <br /> Development Agreement and the Phase II Development Agreement <br /> (collectively, "Development Agreements"), in accordance with the <br /> procedures established by City; and <br /> <br /> WHEREAS, City has received substantial factual evidence <br />of good faith compliance with the terms of the Development <br />Agreements, in accordance with the procedures established by <br />City; <br /> <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON HEREBY DOES FIND AND DETERMINE AS FOLLOWS: <br /> <br /> Section 1. Findinqs. <br /> <br /> (a) The actions, programs of public works <br />construction, economic investments, policies, and technical and <br />legal analyses undertaken in fulfillment of the Developmetn <br />Agreements hereby are found to comply with the terms of the <br />Phase I Development Agreement in that they satisfy each of the <br />general objectives and specific requirements set forth in the <br />Phase I Development Agreement that applied to Phase I during the <br />interval commencing March 1, 1988 and ending February 28, 1989. <br /> <br /> (b) The actions, programs of public works <br />constructions, economic investments, policies, and technical and <br />legal analyses undertaken in fulfillment of the Development <br />Agreements hereby are found to comply with the terms of the <br />Phase II Development Agreement in that they satisfy each of the <br />general objectives and specific requirements set forth in the <br />Phase II Development Agreement that applied to Phase II during <br />the interval commencing March 1, 1988 and ending February 28, <br />1989. <br /> <br /> Section 2. Determination. For the interval commencing <br />with March 1, 1988 and ending February 28, 1989, the developers <br /> <br />G:\PUBLIC\DAC\O6~O9OO3.DAC <br />01-25-89-b 2 <br /> <br /> <br />