08 ATTACHMENT 5 - Laserfiche WebLink

Ranch Project includes an auto mall site encompassing 37 acres, a 45~ acre senior continuing care community for up to 800 units plus supporting skilled nursing facilities comprising approximately 1,400,000 square feet, a 17~ acre community park, which may include lighted sports fields and afour-rink ice- skating facility, and future commercial uses on the remaining 16 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, and it is anticipated that PLEASANTON will consider certifying an EIR for the Staples Ranch Project in 2008. Nothing in this Agreement is intended to limit PLEASANTON's discretionary authority to approve, conditionally approve, or deny the Staples Ranch Project as that Project is described in the Staples Ranch MOU or as that Project may be modified by the AUTHORITY or by PLEASANTON. F. Both the El Charro Specific Plan and the Staples Ranch Project require improvements to El Charro Road prior to occupancy of new developments, and AUTHORITY and LIVERMORE, together with the County of Alameda ("the County"), PLEASANTON and Vulcan Materials, have negotiated and are executing the Pre-Development Cooperation Agreement that specifies the level and timing of construction of the El Charro Road Improvements. G. The LIVERMORE EIR indicates that a portion of the El Charro Specific Plan is currently within the 100-year flood zone, and that a portion of the Staples Ranch Property is also within the 100-year flood zone. As described in the Livermore EIR, flood water passes through the El Charro Specific Plan and then crosses El Charro Road just south of Interstate 580. The LIVERMORE EIR also indicates that LIVERMORE has proposed flood protection improvements within the El Charro Specific Plan, including a North Overbank and a South Detention Conveyance Facility ("Livermore Flood Protection Improvements"), which would remove a portion of the El Charro Specific Plan from the 100-year flood zone, without impacting downstream development. The Livermore Flood Protection Improvements remove a portion of the developable area of the El Charro Specific Plan from the 100- year flood zone and will also remove all portions of the Staples Ranch Property from the 100-year flood zone. H. LIVERMORE is currently negotiating with the Alameda County Flood Control and Water Conservation District, Zone 7 ("Zone 7") for reimbursement from Zone 7 for all or part of the proposed Livermore Flood Protection Improvements. Both LIVERMORE and AUTHORITY wish to cooperate to fairly share the costs of both El Charro Road and the Livermore Flood Protection Improvements, which costs include the cost of design, construction, mitigation and any lease of land. 2 Cost Sharing Agreement Surplus Property Authority, Livermore and Pleasanton