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ATTACHMENT A ORDINANCE NO._ ORDINANCE OF THE CITY COUNCIL OF THE CITY OF MENLO PARK APPROVING THE DEVELOPMENT AGREEMENT WITH REAL SOCIAL GOOD INVESTMENTS, LLC FOR THE PROPERTY LOCATED AT 1258- 1300 EL CAMINO REAL, 550-580 OAK GROVE AVENUE, AND 540-570 DERRY LANE The City Council of the City of Menlo Park does hereby ORDAIN as follows SECTION 1. This Ordinance is adopted under the authority of Government Code Section 65864 et seq. and pursuant to the provisions of City Resolution No. 4159, which establishes procedures and requirements for the consideration of developments within the City of Menlo Park ("City"). This Ordinance incorporates by reference that Development Agreement, Station 1300 Project (1258-1300 EI Camino Real, 550-580 Oak Grove Avenue, and 540-570 Derry Lane, Menlo Park, CA) (the "Development Agreement') by and between the City and Real Social Good Investments, LLC ("Applicant') attached hereto as Exhibit A and incorporated herein by this reference. SECTION 2. The City, as lead agency, prepared an Infill Environmental Impact Report ("EIR") pursuant to the California Environmental Quality Act ("CEQA") that examined the environmental impacts of the redevelopment of the property at 1258-1300 EI Camino Real, 550-580 Oak Grove Avenue, and 540-570 Derry Lane (the "Property'). On January 24, 2017, by Resolution No. , the City Council certified the EIR, made certain findings, and adopted a Mitigation Monitoring and Reporting Plan, which Resolution together with the EIR are incorporated herein by reference. The City Council finds that the Development Agreement is within the scope of the EIR. SECTION 3. As required by Resolution No. 4159, the Planning Commission reviewed the Development Agreement at a duly and properly noticed public hearing held on December 12, 2016 and recommended that the City Council adopt this ordinance. As part of its recommendation to the City Council, the Planning Commission determined that the Development Agreement is consistent with the objectives, policies, general land uses and programs specified in the General Plan and the EI Camino Real/Downtown Specific Plan; is compatible with the uses authorized in and the regulations prescribed for the SP-ECR/D land use district in which the Property is located; is in conformity with public convenience, general welfare and good land use practice; will not be detrimental to the health, safety and general welfare of the City or the region surrounding the City; and will not adversely affect the orderly development of property or the preservation of property values within the City. SECTION 4. The City Council held a duly and properly noticed public hearing on the Development Agreement on January 24, 2017. The City Council finds that the following are the relevant facts concerning the Development Agreement: The General Plan land use designation for the Property is EI Camino Real/Downtown Specific Plan and the zoning for the Property is SP-ECR/D (EI Camino Real/Downtown Specific Plan). PAGE 253