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EXHIBIT A <br /> GROWTH MANAGEMENT AGREEMENT <br /> THIS GROWTH MANAGEMENT AGREEMENT is made and entered into on the <br /> day of , 2017, between Irby Ranch LLC ("Developer"), and the CITY OF <br /> PLEASANTON, a municipal corporation ("City") <br /> RECITALS: <br /> A Developer owns a legal or equitable interest in real property (the "Subject <br /> Property") commonly known as 3988 First Street, 3878 Stanley Boulevard, and 3780 Stanley <br /> Boulevard in the City of Pleasanton <br /> B The City has granted to Developer Planned Unit Development approval <br /> (PUD-110)for eighty-seven (87) new detached single family homes on the Subject Property <br /> (the "Project") <br /> C Section 17 36 060 of the Pleasanton Municipal Code (Growth Management <br /> Program) establishes annual new residential limits For 2017, there are 235 growth <br /> management unit allocations The City has reviewed the growth management unit <br /> allocations established for 2017 and beyond and determined that the growth management <br /> unit allocation capacity is available for the Project <br /> D City may enter into growth management agreements with project developers <br /> under the City's Growth Management Ordinance <br /> E City and Developer wish to enter into a growth management agreement in <br /> order to achieve the benefits of the Project to City and its residents and in accordance with <br /> the purposes of the City's Growth Management Ordinance <br /> NOW, THEREFORE, in consideration of the mutual promises expressed herein, City <br /> and Developer hereby agree as follows <br /> I. GROWTH MANAGEMENT APPROVAL <br /> A The City hereby grants Developer growth management allocations of 19 units <br /> in 2017, 59 units in 2018, and 9 units in 2019 for the single family home portion of the <br /> Project Developer may be issued building permit(s) in the year(s)following the designated <br /> years but not until Developer has received building permits for all units in the designated <br /> year <br /> II. PROJECT CONDITION <br /> Nothing herein shall reduce any obligation of Developer required as a condition of any <br /> other approvals granted by the City <br /> 3 <br />