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ATTACHMENT 7 <br /> RESOLUTION NO. <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON APPROVING A GROWTH MANAGEMENT <br /> AGREEMENT WITH PONDEROSA HOMES II, INC. FOR THE <br /> CONSTRUCTION OF 36 TOWNHOMES AND RELATED SITE <br /> IMPROVEMENTS 6900 VALLEY TRAILS DRIVE, AS FILED UNDER <br /> P16-1384 AND PUD-113. <br /> WHEREAS, the City has approved PUD-113 for the construction of 36 <br /> single-family homes and related site improvements (the "Project"); and <br /> WHEREAS, Ordinance 2112 of the City of Pleasanton sets forth a Growth <br /> Management Program (at Chapter 17.36 of the Pleasanton Municipal Code) which <br /> authorizes the City to enter into agreements with developers to achieve orderly <br /> growth rates for residential development; and <br /> WHEREAS, Ordinance 2112 states that for the current Regional Housing <br /> Needs Allocations (RHNA) cycle (5th Cycle from January 1, 2014 — October <br /> 31 , 2022), the annual Growth Management unit allocation shall not exceed the <br /> number of units required to meet the City's RHNA for the fifth cycle divided by <br /> the number of years in that cycle;and <br /> WHEREAS, the Project's units would be used to meet the RHNA for <br /> the fifth cycle; and <br /> WHEREAS, a duly noticed hearing concerning the Growth <br /> Management Agreement was held by the City Council on May 2, 2017; and <br /> WHEREAS, the City Council determined that the proposed project that the <br /> proposed project was adequately analyzed in the Negative Declaration for the Project <br /> and no further environmental review is required pursuant to the California <br /> Environmental Quality Act (CEQA); and <br /> WHEREAS,the City Council finds that it is in the best interest of the City <br /> to enter into a Growth Management Agreement for PUD-113. <br /> NOW,THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL <br /> OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, <br /> DETERMINE, AND ORDER THE FOLLOWING: <br /> SECTION 1. Approves the Growth Management Agreement with Ponderosa <br /> Homes II, Inc. for PUD-113 in substantially the form as the agreement attached hereto <br /> as Exhibit A, which is incorporated herein by this reference, and authorizes the City <br /> Manager to sign the agreement when approved as to final form by the City Attorney. <br /> 1 <br />