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Home My WebLink AboutGlen Loma DA Fourth Operating Memorandum 10-21-2024 (002) Page 10 of 11 4855-4794-2110v10 ALF\04706099 ATTACHMENT A - REVISED EXHBIT ‘D” FOURTH OPERATING MEMORANDUM GLEN LOMA RANCH DEVELOPMENT AGREEMENT MitigationPhaseEarliestReimbursableTriggering EventMeasureofAnticipatedfor thePublic ImprovementImprovementYear ofImprovementImprovementCastro Valley/U.S. 101 Intersection (fair share contribution only)#29Phase 12006NoPayment with the issuance of the first Ph. 1 building permitMonterey Rd./Masten Avenue (1)#30Phase 12006YesOwner's Responsibility is the payment of Impact Fees, onlySanta Teresa Bvld./Miller Avenue (1)#31Phase 12006YesOperational prior to the issuance of the first building permit in either the Petite Sarah or The Grove Neighborhoods.Monterey Rd./10th Street Signal Modification #32Phase 12006NoConstruction to commence with the first Ph. 1 building permitThomas Road/Luchessa Avenue Intersection #33Phase 12006YesConstruction to commence with the first Ph. 1 building permitPrincevalle/Luchessa Ave. Intersection Signal (2)#42Phase 12006YesConcurrent with the Luchessa/Thomas intersection, above16.3 Acre City Park SiteN/APhase 12008NoCommence construction with the grading of the Mataro NeighborhoodSanta Teresa Blvd./ Ballybunion Drive Intersection #38Phase 22008YesOperational prior to the issuance of the first building permit for Phase 2Santa Teresa Blvd./Fitzgerald Ave. Signalization #34See Triggering EventUnknownYesIf Buildout exceeds 1467 Units + 12,000 s.f. commercial, then the need and timing will be determined through further analysis per CEQA requirements. (2)Fire Station #4N/AConstruction is City's ResponsibilityUnknownNoOwner payment schedule per Operating Memorandum No. 43.0 Acre City ParkN/AConstruction is City's ResponsibilityUnknownNoOwner payment schedule per Operating Memorandum No. 3Add left turn lane from Uvas Park Drive onto Miller Avenue35Phase 22025YesOperational prior to the issuance of the last building permit for the Filice Family/Christoper owned landsSanta Teresa Blvd. / First Street Intersection First Street - East of Santa Teresa Blvd. Segment #37#44See Triggering EventUnknownYesIf Buildout exceeds 1467 Units + 12,000 s.f. commercial, then the need and timing will be determined through further analysis per CEQA requirements. (2)Signalize the Uvas Park Drive/Miller Ave. Intersection and add northbound and southbound left-turn lanes#39See Triggering EventUnknownYesIf Buildout exceeds 1467 Units + 12,000 s.f. commercial, then the need and timing will be determined through further analysis per CEQA requirements. (2)Thomas/West Luchessa Intersection Improvement and the W. Luchessa Ave. Bridge Widening#41See Triggering EventUnknownYesIf Buildout exceeds 1467 Units + 12,000 s.f. commercial, then the need and timing will be determined through further analysis per CEQA requirements. (2)Monterey Road/Luchessa Avenue #43See Triggering EventUnknownYesIf Buildout exceeds 1467 Units + 12,000 s.f. commercial, then the need and timing will be determined through further analysis per CEQA requirements. (2)10th Street/Luchessa Ave. Intersection N/APhase 22011YesBuilt with surrounding street improvementsUvas Park Drive/10th Street Intersection N/AConstruction is City's ResponsibilityUnknownYesOwner's Responsibility is the payment of Impact Fees, only10th Street Bridge N/AConstruction is City's ResponsibilityUnknownYesOwner's Responsibility is the payment of Impact Fees, onlyNOTES:1. Although the Mitigation Measures for these items require that the improvements be installed only prior to Phase-3, theDeveloper has agreed to move this improvement forward as part of the Development Agreement2. Section 4.4.7 of the Development Agreement provides for the traffic study update to be completed prior to the issuanceof the building permit for the 1001st residential unit, which has been completed and the resulting changes that are documented in Addendum No. 2 to the Final Certified EIR for the Glen Loma RanchREVISED EXHIBIT 'D'LIST OF PUBLIC IMPROVEMENTS Page 11 of 11 4855-4794-2110v10 ALF\04706099 ATTACHMENT B - REVISED EXHIBIT "G" FOURTH OPERATING MEMORANDUM GLEN LOMA RANCH DEVELOPMENT AGREEMENT Parks and Fire Station Public Facility Development Summary Site/Description Size Site Offsite Total Cost Cydney Casper Park (previously Glen Loma Ranch Park) 3.3± Acre public park including: picnic area; playground; and trail to project northerly boundary (Loma Trail) plus: • Loma Trail (originally part of old GLR park) • The ½ street costs for extending Charles Lux Drive from Cimino Street to Greenfield Drive; and • A gravel walking path in Christmas Hill park on City/County property, including connection to future 10th Street near the new storm water basin; • A Class 1 loop trail connected to the Santa Teresa Trail at McCutchin Creek thru new park; • The purchase of two motorized trail bikes with related radio and emergency equipment, to be given to the police department for their use in patrolling the GLR open spaces and trails. 3.3 ± ac. Park $2,097,009 $441,916 $2,538,925 McCutchin Park (Previously Montonico Park) 4.8 ± acre park with playground, Class 1 trail within the Park, and playfields, etc. 4.8 ± ac. Park $1,345,694 $262,500 $1,608,194 PAYMENTS AND OBLIGATIONS WILL BE PER THE THIRD OPERATING MEMORANDUM TO THE GLR DEVELOPMENT AGREEMENT. CITY WILL DESIGN & CONSTURUCT THE PARK Fire Station Site Sunrise Fire Station #3 site plan utilized for cost projections. 1.5± ac. Site within Glen Loma Town Center $4,175,772 $262,500 $4,438,272 PAYMENTS AND OBLIGATIONS WILL BE PER THE FOURTH OPERATING MEMORANDUM TO THE GLR DEVELOPMENT AGREEMENT. CITY WILL DESIGN & CONSTRUCT FIRE STATION Cost Totals $7,613,501 $971,890 $8,585,391 Notes: 1. The costs may vary between "Site" and "Offsite" for each item, however the “Total Cost” shall be the cost cap per Section 4.4.1.3, adjusted per Note 2, below. The above cost caps are in Nov. 2005 dollars and are subject to a CCI adjustment per Section 4.4.1.3 of this Development Agreement.