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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> COUNTY OF ALAMEDA, CALIFORNIA <br /> <br /> RESOLUTION NO. 86-586 <br /> <br /> RESOLUTION APPROVING AGREEMENT WITH STONESON ASSOCIATES <br /> REGARDING REMAINDER PARCEL IN VICINITY OF STONERIDGE <br /> INTERCHANGE <br /> <br />WHEREAS, as part of the approval of the Stoneson and Associates <br /> project, 2,576 acres were to be reserved as part of the <br /> Stoneridge Interchange project; and <br /> <br />WHEREAS, the parcel reserved for the interchange project has 19 <br /> D.U.E. sewer permits remaining from the 1972 Settlement <br /> Agreement which are scheduled to expire on December 31, <br /> 1986; and <br /> <br />WHEREAS, representatives of Stoneson have proposed that the city <br /> commit to purchase the property thereby allowing the 19 <br /> D.U.E. sewer permits to be reallocated by the City; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: The City Council approves the proposed deal in <br /> concept and directs staff to negotiate an agreement for <br /> Council review. <br /> <br />Section 2: The 19 sewer permits will not expire while <br /> negotiations are proceeding. <br /> <br />Section 3: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED DECEMBER 16, 1986 BY THE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Brandes, Butler, Mohr, Wilson and Mayor <br /> Mercer <br />NOES: None <br />ABSENT: None K NN~ MER~~~CER, M~ <br />ABSTAIN: None <br /> <br />ATTEST: <br /> NN <br /> <br /> <br />