01 - Laserfiche WebLink

information the Commission proposed several changes to the Conditions of Approval, as reflected in the Council's report. With regards to fence height, the Commission elected to allow the applicant to work with the Greens throughout the development process to determine whether a 6-foot or 7-foot fence height would best balance their desire for views with their need for privacy. Staff recommended shifting Lot 3 slightly northwesterly to increase the building setback from the Green's property and to shift the homes on Lots 1 and 2 to the south in order to provide a broader view corridor. The applicant also agreed to limit construction to the hours of 9 a.m. to 4:30 p.m. if construction is to extend over a period of several months or more. Based on these changes, the Commission was unanimous in supporting the project and recommending it to the City Council. Commissioner Brown requested and Ms. Stern provided clarification on guest parking, which should be suitably accommodated by each lot's parking aprons and additional off-street paving opportunities. Mayor Thorne opened the public hearing. Bruce Myers, Pacific Union Buildings, said he and Brannon Development of Danv Ile have partnered to form Danville School Street Investors and are committed to providing the same quality of development here as partners that they have as individuals. He said they have worked well with neighbors, City staff, the Planning Commission, and the constraints of the site in order to present a balanced and well- conceived development plan for the site. Commissioner Brown thanked Mr. Myers for going to such lengths to ensure the Green's satisfaction. Mayor Thorne closed the public hearing. Vice-Mayor Cook-Kallio said she too appreciated the applicant's efforts to rectify the Green's concerns as well as their outreach to staff, the Commission and the Council. MOTION: It was m/s by Cook-Kallio/Brown to introduce to and waived full reading of Ordinance No. 2058 approving a Planned Unit Development to construct a four-lot detached single-family home development on an approximately 2.23-acre site located at 362 Sycamore Road and a vacant lot (APN 948-17-7-4), within the North Sycamore Specific Plan area. Motion carried by the following vote: Ayes: Councilmembers Brown, Cook-Kallio, Pentin, Mayor Thorne Noes: None Absent: One vacancy 25. Consider approval of the Loan and Governance Agreement with Tri-Valley Housing Opportunity Center and authorization of additional financial assistance expenditures of up to $51,567 City Manager Fialho presented the staff report. He provided a brief background on Tri-Valley Housing Opportunity Center (TVHOC), a 501(c)3 formed in 2005 with the active participation of five Tri-Valley cities. Since inception, TVHOC has coordinated homebuyer programs, conducted educational counseling for first-time buyers, administered down payment assistance programs, offered lease purchase programs, and served as a clearinghouse for inclusionary housing programs. TVHOC has an annual budget of approximately $290,000, which includes 2 fulltime equivalent employees, including an executive director, and an 8 member board. Regionally, TVHOC reaches over 260,000 citizens and ensures that the full value of current programs and a significant economy of scale are achieved by its 5 member cities. In recent years, the overall condition of the economy has affected TVHOC's ability to raise funds and to sell a portion of its real estate holdings located in downtown Livermore. At the time of acquisition, it was anticipated that the commercial site would be sold and the proceeds of the sale would help to finance much-needed capital improvements as well as relieve some of the debt associated with their other mortgages. However, the commercial property has not sold, TVHOC is in need of some financial City Council Minutes Page 9 of 13 January 15,2013