ORD 2309 - Laserfiche WebLink

d. Pay the applicable transportation impact fee ("TIF') to City pursuant to this Agreement subject to applicable fee credits and reimbursements as provided for in attached DA Exhibit H and pursuant to the Applicable Law. e. Participate in the necessary improvements to Busch Road. Per applicable provisions of Pleasanton Municipal Code Title 19 (Subdivisions'), Developer is required to make certain improvements along and to Busch Road to allow for safe pedestrian, bicycle and vehicular ingress and egress to and from the Project Site, as reflected in the Project Approvals and DA Exhibit C. In addition, Developer will undertake, through construction or payment of a supplemental fair share payment, additional improvements along and to Busch Road. Collectively, these additional foregoing obligations are described as follows: i. Pay one-third (1/3) of the total actual costs to construct the Busch Road Improvements (defined below) ("Busch Road Reimbursement') to City, which City shall promptly submit to the developer of the Villages of the Quarry Project ("Kiewit Developer") to reimburse same for Developer's fair share of the following improvements on Busch Road (collectively, "Busch Road Improvements") that the Kiewit Developer is conditioned to install. Payment of the Busch Road Reimbursement shall occur prior to the issuance of the building permit for the vertical construction of the Project's first residential unit (excluding model homes). The Busch Road Improvements shall, collectively, consist of: 1. Construction of Busch Road along the entirety of the Project frontage, as a two-lane roadway with landscaped median, sidewalks, and buffered bike lanes (with said improvement not being eligible for fee credit); a. 2. Installation of a six-foot wide sidewalk, curb and gutter and roadway paving on the north side of Busch Road, extending to the western boundary of the City Operations Services Facility parcel (with said improvement eligible for fee credit as outlined in Exhibit C); 3. Installation of a single-lane roundabout at the intersection of Busch Road and Street B (with said improvement not being eligible for fee credit); and 4. Installation of a right turn lane on Busch Road, to the east of the roundabout, to allow for vehicles accessing the PGS weigh station to queue outside of the through travel lane (with said improvement not being eligible for fee credit). ii. Notwithstanding the foregoing, if the Kiewit Developer does not install the Busch Road Improvements and thus Developer is required to so install pursuant to this Agreement and related Project conditions of approval, then Developer shall not be required to pay the Busch Road Reimbursement and instead shall construct said Improvements and shall receive all required fee credits and reimbursements in connection therewith as shown in DA Exhibit C, including, without limitation, any and all supplemental fair share payments for said improvements that City receives. f. The Parties shall cooperate to process, consider and form or annex the Project into a maintenance Community Facilities District ("CFD") which shall provide adequate annual funding for maintenance (consistent with typical City service levels), in perpetuity, of the Trail Extension (to the extent installed pursuant to Section 3.2(c) above), in-tract public streets, sidewalks, lighting, in-tract utility facilities, and storm drainage (proposed to be located on 10