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Page 2 of 2 From: James Paxson, HBPOA This message is being sent to provide you with a status report on our planning activities. There are three items with updates: (1) the process of rezoning properties in Hacienda for mixed use, (2) the schedule of the City Council meeting to commence the planning process, and (3) the retail evaluation. The Neighborhood and Planning Commission meetings to discuss rezoning properties in Hacienda to mixed use were held over the last two weeks. Residents, primarily from the Valencia project, voiced considerable opposition to the proposed action; particularly at the Planning Commission meeting held this last week. In response, the Planning Commission moved to approve the rezoning on only two of the three proposed parcels (WP Carey and BRE properties) and to withhold any action on the third parcel (Roche) until the Hacienda PUD modification process commenced. Subsequent to the meeting, we notified city staff of our belief that that there is more than a sufficient basis for the City Council to move forward with rezoning the three parcels as originally proposed and believe that staff will continue to support this direction. The City Council is currently scheduled to hear the rezoning matter on October 20. Copies of the staff report will be circulated prior to the meeting. For reference, a copy of the report that was made to the Planning Commission is attached. Immediately following the completion of the rezoning, the City Council will consider the matter of the planning process for Hacienda so that the PUD modification can commence. This meeting is currently scheduled to take place on November 3. The primary function of this meeting will be to form a committee that will oversee our planning work and act as a liaison to the City Council and Planning Commission. The accompanying staff report will be circulated as soon as it is available. The retail consultants are continuing their work evaluating residential retail demand and data on Pleasanton sales tax generation. The employee demand analysis has been completed and is attached for your consideration. Because of a scheduling conflict, the meeting that had originally been contemplated for October 1 has been rescheduled to October 23. This meeting will take place in the City Council conference room at 2:45 pm and will be used to conduct a discussion of the preliminary findings including results of the employee demand analysis and potential recommendations for retail and tenant mix. Additional information on our planning activities will be forwarded as the process develops. Please feel free to contact me if there is anything I can provide by way of additional information or assistance. 10/14/2009