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In response to an inquiry by Mr. Brozosky, Mr. Iserson confirmed that a traffic problem <br /> existed at the pedestrian crossing near the project location and nearest to the School site, which <br /> is specifically related to an increase in speed and higher volumes of traffic than on a normal <br /> residential street. Since this project is adding to the existing problem and there is a concern <br /> about safe crossing on Vineyard Avenue, staff suggested including the placement of a flashing <br /> yellow beacon as a condition of the development requirements. <br /> Mr. Fialho said the cost to install a flashing yellow pedestrian beacon would be <br /> approximately $5,000. <br /> Mr. Brozosky inquired about the proposed small tot lot at the westerly boundary adjacent <br /> to an existing single family residence currently occupied by a tenant. He asked staff to provide <br /> a status update. <br /> Mr. Iserson said the original submittal to the City incorporated a small tot lot located at <br /> the westerly boundary adjacent to an existing single family residence currently occupied by a <br /> tenant. During various discussions, the tenant had concerns related to noise from children <br /> playing. The tot lot was removed to mitigate both the perceived lack of parking by adding on- <br /> site parking in that location and noise impacts within the neighborhood. The Planning <br /> Commission considered these concerns and determined that it would be more important to <br /> provide a small outdoor area in the development where families would be able to take their <br /> young children to play. Therefore, the Planning Commission amended the conditions requiring <br /> the tot lot to be reinstalled at the original location and eliminated one guest parking space <br /> knowing there would be a sufficient number of guest parking spaces. Staff concurred with the <br /> Commission's recommendation. <br /> Mr. Brozosky mentioned Council approved a recent proposal for a development plan <br /> approval for residential homes on Peters Avenue. Council approved the project subject to the <br /> condition that the applicant must advertise special "affordable by design" units in its marketing <br /> efforts to Pleasanton residents and employees. <br /> Mr. Iserson believed the "affordable by design" units would include the preferential <br /> condition. The condition would require the applicant to make a reasonable effort to market the <br /> project in this fashion. <br /> Steven Bocian, Assistant City Manager, pointed out that the Affordable Housing <br /> Agreement as currently drafted, includes both the affordable units and the "affordable by design" <br /> units. <br /> As requested by Mr. Sullivan, Mr. Bocian said the development includes five units that <br /> are preserved for low- income households. These units contain two bedrooms with 2.5 <br /> bathrooms and are approximately 1,200 square feet. The current initial sales prices is $205,000 <br /> that will be adjusted as the median income increases between now and the time the units are <br /> offered for sale. These units target families of four whose household income is $65,760. The <br /> development also includes two moderate income homes comprised of three bedrooms and 2.5 <br /> bathrooms, approximately 1,700 square feet. The current sales price is estimated at $310,000 <br /> and subject to the same area median income adjustment. These units target families whose <br /> household income is $98,640. All of the seven units will be affordable for perpetuity. There is a <br /> requirement that the exterior finishes be consistent with the project with the interior products and <br /> finish subject to approval by the City provided that they are not more costly or greater than what <br /> Pleasanton City Council 17 02/21/06 <br /> Minutes <br />