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City of Pleasanton
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
5/7/2013
DESTRUCT DATE
15Y
DOCUMENT NO
01
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and a parking garage to serve the existing office uses at the California Center property located at 4400- <br /> 4460 Rosewood Drive; waive full reading and adopt Resolution No. 13-609 approving an Affordable <br /> Housing Agreement with Pleasant Partners, LLC, as filed under Case No. PUD-85-08-1 D-4M; waive full <br /> reading and adopt Resolution No. 13-610 approving a Growth Management Agreement with Pleasant <br /> Partners, LLC for PUD-85-08-1D-4M; and introduce and waive full reading of Ordinance No. 2068 <br /> approving a Development Agreement with Pleasant Partners, LLC.. Motion passed by the following <br /> vote: <br /> Ayes: Councilmembers Brown, Cook-Kallio, Pentin, Mayor Thorne <br /> Noes: None <br /> Absent: One Vacancy <br /> 19. Approve the recommendation to conduct a joint workshop with the Housing Commission to <br /> discuss city affordable housing policies related to new multi-family rental residential development <br /> Mr. Bocian introduced the item, which is a request to conduct a joint Council workshop with the Housing <br /> Commission on May 1, 2013 for the purpose of examining the City's IZO. <br /> Mayor Thorne invited public comment. <br /> Becky Dennis said she was pleased by the request and the opportunity to explore the benefits of non- <br /> profit and for profit partnerships. <br /> Mike Serpa, St. Anton Partners, said the Hacienda Anton project application was deemed complete late <br /> last year and is in the final stages of developing an affordable housing agreement. He reported that <br /> staff recently provided certain terms that St. Anton believes it can work with ad that hearings before the <br /> Housing Commission, Planning Commission and City Council are scheduled over the next several <br /> weeks. He impressed upon the Council that while St. Anton supports the workshop and what may come <br /> of that, it also has significant financial commitments and would like to continue through the public <br /> hearings as scheduled. <br /> Mayor Thorne closed public comment. <br /> Mr. Fialho noted that there are several projects in the pipeline that require certain deadlines to be met. <br /> In the case of St. Anton, the developer is proposing an 80/20 project which means that 80% of the <br /> project will be market rate housing and the remaining 20% will be very low income housing. This is <br /> accomplished through tax exempt financing issued by the state, which requires certain hearings within <br /> a certain timeframe. He asked that Council allow staff the flexibility in these situations to continue to <br /> work with developers to leverage as much affordability as possible so that key deadlines are not missed <br /> as they are processing applications. The Council indicated its support. <br /> MOTION: It was m/s by Cook-Kallio/Brown to approve the staff recommendation. Motion carried by the <br /> following vote: <br /> Ayes: Councilmembers Brown, Cook-Kallio, Pentin, Mayor Thorne <br /> Noes: None <br /> Absent: One Vacancy <br /> 20. Approve the allocation of Housing and Human Services Grant (HHSG) and Community Grant <br /> Program Funds for the 2013 Grant Funding Cycle (FY 2013-14) <br /> Due to the late hour this item was continued to May 7'2013. <br /> 21. Approve the City Council Two-Year Annual Work Plan <br /> City Council Minutes Page 21 of 23 April 16, 2013 <br />
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