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Agreement,to inject a sufficient degree of certainty in the land use regulatory process to justify the substantial financial investment associated with development of the Project. As a result of the execution of this Development Agreement, both Parties can be assured that the Project can proceed without disruption caused by a change in City planning and development policies and requirements,which assurance will thereby reduce the actual or perceived risk of planning, financing and proceeding with construction of the Project. H. City is desirous of advancing the socioeconomic interests of City and its residents by attracting advanced technology companies to the San Leandro fiber loop, attracting companies that can create significant employment that will benefit from access to and create ridership for BART and Alameda Contra Costa Transit;promoting pedestrian and bicycle access to downtown San Leandro;promoting the productive use of property and encouraging quality development and economic growth,thereby enhancing employment opportunities, including but not limited to high-skilled technology and related professional employment, for residents and expanding City's property tax base. I. City has determined that by entering into this Development Agreement: (1) City will ensure the productive use of property and foster orderly growth and quality development in City; (2) development will proceed in accordance with the goals and policies set forth in the City of San Leandro General Plan (the"General Plan")and will implement City's stated General Plan policies; (3) City will receive substantially increased property tax revenues; (4) City will benefit from increased employment and housing opportunities for residents of City that are created by the Project; and(5)the Project will contribute to the revitalization of Downtown San Leandro. J. Developer has applied for, and City has granted,the Project Approvals (as defined in Section 1.7) in order to protect the interests of its citizens in the quality of their community and environment. K. City has undertaken,pursuant to the California Environmental Quality Act (Public Resources Code Section 21000 et seq., hereinafter"CEQA"),the required analysis of the environmental effects that would be caused by the Project and has determined those feasible mitigation measures which will eliminate, or reduce to an acceptable level,the adverse environmental impacts of the Project. The environmental effects of the proposed development of the Property were analyzed by the Final Environmental Impact Report(the "2007 FEIR") certified by City on September 4, 2007 in connection with the TOD Strategy. City has also adopted a mitigation monitoring and reporting program (the "MMRP")to ensure that those mitigation measures incorporated as part of, or imposed on, the Project are enforced and completed. Those mitigation measures for which Developer is responsible are incorporated into, and required by,the Project Approvals. L. In addition to the Project Approvals,the Project may require various additional land use and construction approvals,termed Subsequent Approvals (as defined in Section 1.7.6), in connection with development of the Project. M. City has given the required notice of its intention to adopt this Development Agreement and has conducted public hearings thereon pursuant to Government Code 2