08 ATTACHMENT 2 - Laserfiche WebLink

WHEREAS, The Authority has proposed amixed-use development project on the Staples Ranch Property ("Staples Ranch Project") as more particularly described in the Notice of Preparation of a Draft Environmental Impact Report (DEIR) for the Stoneridge Drive Specific Plan Amendment/Staples Ranch Project, dated March 19, 2007 ("Staples Ranch NOP"). As described in the Staples Ranch NOP, the Staples Ranch Project includes a 37~ acre auto mall with up to 331,000 square feet of buildings and up to 3,270 parking stalls; a 45~ acre senior continuing care community with 1,400,000 square feet of buildings housing 800 assisted living units, nursing beds and common facilities; future commercial development of up to 175,000 square feet of retail or up to 280,000 square feet of non-retail office and service uses on 16~ acres; and a 17~ acre community park, which may include lighted sports fields, lighted tennis courts, trails, and afour-rink ice skating facility on up to 8 acres. The Authority and Pleasanton have entered into a Memorandum of Understanding dated April 18, 2006 ("Staples Ranch MOU"), regarding the processing of applications and consideration of entitlements required for the Staples Ranch Project. WHEREAS, The Staples Ranch Property is currently subject to the provisions of Pleasanton's Stoneridge Drive Specific Plan, which was adopted on October 3, 1989. The proposed Staples Ranch Project, including the proposed land uses and the required on site and offsite infrastructure improvements, are different than the approved land uses in the existing Stoneridge Drive Specific Plan and, consequently, development of the Staples Ranch Project requires an amendment to the Stoneridge Drive Specific Plan. As described in the Staples Ranch NOP and the Staples Ranch MOU, the Staples Ranch Project also requires additional entitlements including, but not limited to, annexation and prezoning of the Staples Ranch Property, annexation of El Charro Road, a planned unit development (PUD) plan, tentative and final subdivision maps, improvement plans, and a development agreement. WHEREAS, The Stoneridge Drive Specific Plan and Pleasanton's 1996 General Plan currently call for the extension of Stoneridge Drive to El Charro Road ("Stoneridge Drive Extension"). As of the Effective Date, Pleasanton is updating the 1996 General Plan and, as part of that update, is retaining the Stoneridge Drive Extension. However, the updated General Plan is not yet complete and may be modified to reflect a different outcome. As described in the Staples Ranch MOU, the Staples Ranch Project would include an offer of dedication by the Authority for the right-of--way required for the Stoneridge Drive Extension, and neither requires nor prevents the construction of the full Stoneridge Drive Extension. WHEREAS, The Staples Ranch Project also incorporates the preservation of the Stoneridge Drive Extension right-of--way through the project site. The Staples Ranch Project proposes to connect Auto Mall Place to El Charro Road and to construct certain related improvements to El Charro Road, including the El Charro/Jack London/Auto Mall Place (if not constructed by Livermore), and to construct a portion of Auto Mall Place to the west of such intersection. The Staples Ranch Project will also result in increases in traffic on El Charro Road above existing traffic volumes. 2