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•�►. Ask <br /> PARK CONDITION <br /> AGREEMENT <br /> THIS AGREEMENT is made this 7th day of May, 1996, between the City of <br /> Pleasanton, a Municipal Corporation, ("City") and James Tong("Owner"). <br /> RECITALS <br /> As major business parks and other commercial/office/industrial projects were <br /> being approved in Pleasanton in the mid-1980's, the City became aware of the need for <br /> park and recreation facilities to meet the requirements of employees of businesses <br /> locating in these projects; however, information concerning the effects of such <br /> employees, particularly non-resident employees, on local park and recreational facilities <br /> was lacking at that time. <br /> Faced with similar situations concerning the need for, and methods to fund, <br /> facilities for water, fire, and street improvements (primarily in the North Pleasanton area), <br /> the City required studies be done for new commercial/office/industrial projects; these <br /> studies' recommendations were successfully implemented through assessment districts. <br /> Following these successes, the City, by condition of approval, required several <br /> major business parks to fund a study of the reasonable park and recreation facilities' needs <br /> of their employees and the manner of participation in the capital costs for the facilities <br /> determined necessary. <br /> As commercial/office/industrial projects were approved, the City imposed a <br /> condition (hereafter "the park condition") on the projects obligating the projects to pay <br /> their fair share of the park and recreation facilities' needs of their employees. <br /> Thereafter, several surveys and studies were conducted to assist in quantifying the <br /> obligation of the park condition. <br /> These surveys and studies found that, in addition to the parks planned in the City's <br /> General Plan at build-out to meet the needs of residents, about 20 acres of additional <br /> community park land capable of providing active use, lighted fields were necessary to <br /> have all City community parks and facilities capable of meeting the combined needs of <br /> residents (including resident employees) and non-resident employees. <br /> These surveys and studies further identified certain facilities (e.g., gym, swimming <br /> pool) which were more costly than normal community park improvements and factored in <br /> these costs in quantifying the costs for the maximum park facility need. <br /> (PARKTONG.SAM) 1 <br />