CITY COUNCIL REGULAR MEETING AGENDA PACKET 9-1-26

ORDINANCE NO. 2309 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING THE PRE-ANNEXATION AND DEVELOPMENT AGREEMENT BETWEEN THE CITY OF PLEASANTON AND 330 LAND COMPANY, LLC FOR THE DEVELOPMENT OF THE ARROYO LAGO RESIDENTIAL PROJECT, FILED UNDER CASE NOS. P25-0115, P25-0116, P25-0118, PUD-154, AND TRACT 8423 WHEREAS, on February 25, 2025, 330 Land Company, LLC (the “Applicant”), on behalf of USL Pleasanton Lakes LP (the “Property Owner”), applied for the following development on a site to the immediate east of 3333 Busch Road: (1) annexation (P25-0115) of approximately 30 acres from unincorporated Alameda County to the City of Pleasanton (consisting of APN 946- 4634-1 and an approximately 3.4-acre portion of APN 946-4634-2); (2) adoption of General Plan Amendments (P25-0116) to designate land uses Medium Density Residential; (3) rezone (P25- 0118) said parcels in County to PUD–MDR (Planned Unit Development - Medium Density Residential) District; (4) a Planned Unit Development (PUD-154) to construct 189 detached single-family residences with 48 deed-restricted Junior Accessory Dwelling Units, and install related on- and off-site improvements and infrastructure; (5) a Vesting Tentative Subdivision Map 8423 to subdivide said parcels totaling approximately 30 acres into single-family lots, private open space and private access easements; and (6) approval of a Pre-Annexation and Development Agreement (hereinafter the “Project”); and WHEREAS, the Project site is a vacant site located on the north side of Busch Road with APN 946-4634-1 and an approximately 3.4-acre portion of APN 946-4634-2; and WHEREAS, the Project site is part of the area to be regulated by the East Pleasanton Specific Plan (when adopted), and currently has no General Plan land use designation; and WHEREAS, the Applicant and the City have negotiated a proposed Pre-Annexation and Development Agreement (“PADA”) to strengthen the public planning process, encourage private participation in comprehensive planning, secure certain community benefits, and reduce the economic risk of development of the Project; and WHEREAS, the Applicant and City have likewise negotiated an Affordable Housing Agreement (“AHA”), stipulating the terms of the Project’s requirement to provide affordable housing per the applicable provisions of Pleasanton Municipal Code Chapter 17.44; and WHEREAS, the City of Pleasanton, as Lead Agency for the Project’s compliance with the California Environmental Quality Act (“CEQA”) prepared an Addendum to the Environmental Impact Report (“EIR”) (SCH 2023050339) prepared for the Project, in compliance with CEQA Guidelines Sections 15162 and 15164, addressing minor revisions to the proposed annexation of the Project to the City; and WHEREAS, at its duly noticed public meeting of June 24, 2026, and prior to making a recommendation on the Project, the Planning Commission considered the Addendum and adopted Resolution No. PC-2026-15, recommending the City Council adopt the Addendum as prepared in compliance with CEQA Guidelines Sections 15162 and 15164, and finding that the Addendum adequately described the Project, its significant environmental impacts, and mitigation measures; and Page 154 of 344