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3 Conducted the first reading of Ordinance No , an ordinance <br /> approving a Planned Unit Development("PUD") for the Project - Irby Ranch (PUD-110) that <br /> rezoned the Property from Agriculture and Service Commercial to Planned Unit Development - - <br /> High Density Residential and Open Space(collectively, "Zoning Amendments") <br /> 4 Conducted the first reading of Ordinance No , an ordinance approving <br /> this Agreement and directing this Agreement's execution by City ("Approving Ordinance") <br /> 5 By Resolution No , appioved an Affordable Housing Agreement <br /> for the Piolect the generally provides for Developer's grant of a 1 64 acre portion of the Property <br /> to the City and payment to the City of$1,000,000 towards an affordable housing community for <br /> individuals with special needs the (the "Affordable Housing Agreement") <br /> 6 Acknowledged the Planning Commission's approval by Planning <br /> Commission Resolution No at its meeting of , of a vesting tentative map for the <br /> Project [Note and clarify if the Commission's VTM approval was changed during Council's <br /> approval of the Project] (the "Vesting Tentative Map") <br /> E On , 2017, the City Council conducted the second reading of and <br /> adopted the Zoning Amendments and the Approving Ordinance <br /> NOW, THEREFORE, with reference to the foregoing recitals and in consideration of the <br /> mutual promises, obligations and covenants herein contained, City and Developer agree as <br /> follows <br /> AGREEMENT <br /> SECTION 1. DEFINITION OF TERMS. <br /> This Agreement uses certain terms with initial capital letters that are defined in this Section 1 <br /> below or elsewhere in this Agreement City and Developer intend to refer to those definitions <br /> when the capitalized terms are used in this Agreement <br /> 1.1 "Affordable Housing Agreement" has the meaning set forth in Recital D 5 <br /> 1.2 "Agreement" has the meaning set forth in the Preamble <br /> 1.3 "Approving Ordinance" has the meaning set forth in Recital D 4 <br /> 1.4 "Assignee" has the meaning set forth in Section 9 1 <br /> 1.5 "Building Permit" means the document issued by City's Building Official <br /> authorizing the holder to construct a building or other structure, as provided for in the City of <br /> Pleasanton Municipal Code <br /> 3 <br />