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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 88-105 <br /> <br /> APPROVAL OF CERTIFICATE OF COMPLIANCE WITH DEVELOPMENT <br /> AGREEMENTS FOR HACIENDA BUSINESS PARK PHASES I AND II <br /> <br />WHEREAS, pursuant to the terms of the development agreements with <br /> Prudential Insurance Company of America and Callahan <br /> Pentz Properties, an annual review of the progress of <br /> development of the subject project is required by <br /> Government Code §65865.1 to confirm compliance with the <br /> terms of the agreements; and <br /> <br />WHEREAS, the City has received the required submittals from both <br /> Prudential and Callahan which demonstrate the <br /> developers' good faith compliance with the terms and <br /> conditions of the Development Agreements for Hacienda <br /> Business Park, Phase I and Phase II; and <br /> <br />WHEREAS, the City Council hereby makes the following findings: <br /> <br /> a. The actions, programs of public works construction, <br /> economic investments, policies, and technical and legal <br /> analyses undertaken in fulfillment of the Development <br /> Agreements are hereby found to comply with the terms of <br /> the Phase I development agreement in that they satisfy <br /> each of the general objectives and specific requirements <br /> set forth in the Phase I Development Agreement that <br /> applied to Phase I during the interval commencing <br /> March 1, 1987 and ending February 29, 1988. <br /> <br /> b. The actions, programs of public works construction, <br /> economic investments, policies , and technical and legal <br /> analyses undertaken in fulfillment of the Development <br /> Agreements are hereby found to comply with the terms of <br /> the Phase II Development Agreement that applied to Phase <br /> II during the interval commencing March 1, 1987 and <br /> ending February 29, 1988. <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 for <br /> Phases I and II, Hacienda Business Park Development <br /> Agreement. <br /> <br />Section 2: Authorizes the Mayor to execute the documents for <br /> recordation. <br /> <br />Section 3: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br /> <br />