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continued access to the Vulcan and Hanson bridges; and specify <br />minimum circulation improvements to allow initial and full <br />development of Staples Ranch, as described in <br />"Financing/Infrastruchue" below. <br />c. Financinst/infrastructcue: Modify the requirements of the Specific <br />Plan to recognize that the SPA is the sole remaining developer and that <br />some improvements once contemplated to be made by Specific Plan <br />developers have either been made or will be made by others (e.g., El <br />CharroJi-580 interchange, Arroyo Mocho widening, El Charro Road <br />south of Jack London/Auto Mall Place, and community park <br />improvements) and to limit the remaining major Specific Plan <br />infrastlvcture requirements to be funded by the SPA to the following: <br />i. 2-lane Stoneridge Dr. bridge across the Arroyo Mocho to serve <br />the planned continuing care community and the community <br />P~'k; <br />ii. 17 acne community park land dedication; <br />iii. improvements to El Charm Road from the I-580 interchange <br />through the Jack London/Auto Mall Place intersection as <br />determined necessary to serve automall and future retaiUoffice <br />development, currently estimated to be a 41ane roadway with <br />turn lanes; <br />iv. improvements to Stoneridge Drive at its easterly end to <br />accommodate senior continuing care and community park <br />trafTic and improvements to Auto Mall Place to accommodate <br />auto mall and future commercial traffic (not through traffic); <br />and <br />v. dedication of right-of-way for future Stoneridge Drive, El <br />Charm Road andthe I-580 interchange to accommodate <br />Gerterai Plan-contemplated designs. <br />Pending the cost of improvements for items (i), (iii) and (iv) above, <br />the SPA will provide a financial contribution to the City towards the <br />partial improvement of the 17 acre community parkin an amount <br />negotiated b~ween the City and die SPA <br />4. ADDITIONAL LAND >S,JSE S <br />In conjunction with its comprehensive review of modifications to the Specific <br />Plan, SPA and/or its Buyers shall submit and CITY shall review the <br />following: <br />a. moment Agreement: A development agreement, to be mutually <br />negotiated between the parties, which (1) would vest the final land use <br />approvals for the auto mall and senior continuing care community, and <br />specify when these projects would be built; {2) would vest the <br />zoning/land use approval process for any part of the Staples Ranch that <br />at the tune had not received final discretionary land use approval; (3) <br />4 <br />