RES 09268 - Laserfiche WebLink

11 As specified in the September 2007 Pre Development and Cooperation Agreement between Vulcan Materials, Livermore, Pleasanton, Alameda County, and the ACSPA, improvements to El Charro Road, if not already completed by the City of Livermore for the El Charro Specific Plan development, would also need to be constructed by the ASCPA (under the Development Agreement with the City of Pleasanton) as part of any first phase of Staples Ranch development. Similarly, as permitted under the September 2007 Cost Sharing Agreement between Livermore, Pleasanton, and the ACSPA, the Livermore flood control improvements planned for the El Charro Specific Plan, if not already completed by the City of Livermore, would also need to be constructed by the ASCPA as part of any first phase of Staples Ranch development. In general, all public street and infrastructure improvements within and adjacent to Staples Ranch would need to be constructed as part of the first phase of development. The only exception would be if the Continuing Care Community site were to develop first, and the Auto Mall, Retail/Commercial, and Community Park sites were to be delayed. Under this scenario, full improvement to Auto Mall Place could be delayed until one or more of the development sites requiring access from it was being developed, as long as an emergency vehicle access were provided along the Auto Mall Place alignment from El Charro Road to Stoneridge Drive. The timing of the extension of Stoneridge Drive as a full four lane arterial, with turn lanes, to El Charro Road is in Pleasanton's sole control, and is not required prior to any phase of Staples Ranch development. The Stoneridge Drive extension will require the replacement of the intervening EVA between Stoneridge Drive and Auto Mall Place with a four lane road with tum lanes, as well as the construction of a second two lane bridge across the Arroyo Mocho and widening of Stoneridge Drive to four lanes with turn lanes from Trevor Parkway. Traffic lights would also be required to be installed at the intersection of Stoneridge Drive and the public road to the Continuing Care Community and at existing Stoneridge Drive intersections to the west. C. Financing of Public Improvements The 1989 Stoneridge Drive Specific Plan included a discussion on financing of public infrastructure improvements within the 293 acre Specific Plan Area to be paid for largely by Specific Plan property owners, including the Arroyo Mocho flood control improvements, dedication of right of way, and extension of Stoneridge Drive as a four lane arterial from Kamp Drive to El Charro Road, improvements to El Charro Road, improvements to the I- 580/El Charro Road interchange, dedication of an elementary school site, and dedication and improvement of several neighborhood parks and the Stoneridge Drive Specific Plan Amendment/Staples Ranch Draft October, 2008 59