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2005-118 - Authorizing Town Manager To Execute A Modification To A Community Benefit Agreement For Planned Development At 14300 Winchester BoulevardRESOLUTION 2005 -118 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS AUTHORIZING TOWN MANAGER TO EXECUTE A MODIFICATION TO A COMMUNITY BENEFIT AGREEMENT FOR PLANNED DEVELOPMENT AT 14300 WINCHESTER BOULEVARD WHEREAS, the Town of Los Gatos approved Ordinance 2130 approving an amendment to a Planned Development at 14300 Winchester Boulevard, and WHEREAS, Ordinance 2130 requires the applicant to provide specified community benefits, and WHEREAS, the Town and applicant have entered into a Community Benefit Agreement, and WHEREAS, the Town and applicant desire to modify the current Community Benefit; THEREFORE BE IT RESOLVED: The Town Council hereby directs that the Community Benefit Agreement be modified as specified by Council at their meeting November 7, 2005. A copy of the approved minutes of the meeting of the Town Council of November 7, 2005 is attached hereto as Exhibit A and incorporated herein by reference. FURTHER RESOLVED : The Town Manager is authorized to execute said modification to the Community Benefit Agreement. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 7 day of November 2005 by the following vote: COUNCIL MEMBERS: AYES: Steve Glickman, Diane McNutt, Joe Pirzynski, Barbara Spector, Mayor Mike Wasserman. NAYS: None ABSENT: None ABSTAIN: None /��`'e SIGNED: MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA ATTEST: C E e ZP AD' IST ` TOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA EXHIBIT Town Council Minutes Redevelopment .Agency November 7, 2005 Los Gatos, California 7:48 PM ITEM #10 I'T'EM 410 - Sobrato Community Benefit Agreement. SOBRATO Adopt resolution authorizing Town manager to execute modified COMMUNITY Community Benefit Agreement to the Los Gatos Gateway Planned BENEFIT Development (Light Rail Shuttle) RESOLUTION 2005 -118 (10 -24) AGREEMENT MODIFICATION (Light Rail shuttle) Staff report made by Bud Lortz. 7:53 PM COUNCIL s Clarification on obtaining land from the Santa Clara Valley COMMENT Water District. ® Clarification on a bus shelter installation and maintenance. ® Clarification regarding fulfillment of obligations pertaining to Section 1 in the Community Benefit Agreement. ® Clarification regarding General Plan Policy referring to zoning change and Vasona Light Rail funding relating to the Sobrato Project. ® Clarification on the language of Section 1 regarding the Community Bus Program. a Questioned agreement between the Town and Sobrato Properties. 7:58 PM OPEN PUBLIC Mr. Davis COMMENT ® Commented on the word "express" relating to the shuttle service. e Questioned parking for the general public when using the VTA line. e Commented on State Laws requirements relating to Zone and General Plan changes within a 1 /2 mile radius from these types of stations. 8:01 PM CLOSE PUBLIC COMMENT 8:01 PM COUNCIL ® Commented on the available parking at the Campbell Light DISCUSSION Rail Station. ® Commented that the word "express" does not show up anywhere in the signed agreement between the Town and Sobrato Properties. ® Clarification regarding the availability for an eco -pass. ® Questioned providing eco - passes for residents as well as employees at the Sobrato property. N: \C0UNCIL \M1NU'rES \2005 \M 11- 07- 05.doc Page 7 of 9