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cities have done away with their IZOs with regards to rental housing. Other cities have done nexus <br /> studies, which the City is also undertaking. One thing the court did note was that parties can come to a <br /> mutual agreement, as is proposed here, such that a developer can provide rent restricted below market <br /> rate units in exchange for some sort of incentive like a density bonus or monetary incentive. <br /> Vice-Mayor Cook-Kallio asked staff to address Ms. Belding's comments that 100% AMI units are not <br /> truly affordable. <br /> Mr. Bocian said it depends on how one defines affordable. From Ms. Belding's perspective they are not <br /> affordable because the IZO says the units have to be for low and very low income. Another perspective <br /> would be that the units are affordable because they are rent restricted. <br /> Councilmember Brown said the recent effects of the Palmer case are challenging but that it seems the <br /> developer and the City have reached terms that each can live with. She said it is difficult to see high <br /> density housing come to Pleasanton but it must be done. She said she could support the project with <br /> Option 3, the addition of a parcourse around the block and a commitment to ensure security at the <br /> children's play area. <br /> Vice-Mayor Cook-Kallio asked if the yield of affordable units would increase with in lieu fees versus the <br /> applicant's proposal. <br /> Mr. Bocian explained that the project's fees would likely only total about $800,000, which is not even <br /> enough to secure an acre of land. <br /> Councilmember Pentin said this is a good project for the site and for Hacienda as a whole, but that he <br /> struggled with the depth of affordability for 2 and 3 bedroom units. He asked if the applicant would <br /> consider shifting 2 units each of the 2 and 3 bedrooms from 80% to 50% AMI. <br /> Vice-Mayor Cook-Kallio concurred. She acknowledged the time and effort invested thus far, said she <br /> would prefer to withhold a decision until after the workshop but also recognized that this could <br /> jeopardize the project. She expressed concern over setting an improper precedent and also over <br /> applying requirements that could result in litigation. <br /> Mr. Inderbitzen requested several minutes to confer with Pleasant Partners over the request. <br /> BREAK: Mayor Thorne called a brief break at 11:39 p.m. and reconvened the meeting at 11:50 p.m. <br /> Councilmember Pentin withdrew his request, explaining that increasing the depth of affordability was <br /> not enough to justify reducing the total number of units. He said he could support the proposal with <br /> Option 3. <br /> Vice-Mayor Cook-Kallio said she was devastated by the community's inability to achieve the level of <br /> affordable housing that its workforce needs and the continued mischaracterization about the,types of <br /> people that need this housing. Having said that, she did not believe it was the developer's responsibility <br /> to provide more than its share of affordable housing and appreciated their efforts to work within a <br /> number of constraints. She said she looked forward to a good workshop in which they can clearly <br /> define the community's goals and how to achieve them. <br /> Mayor Thorne also shared his appreciation for the developer's efforts and hopes that the workshop <br /> would help to identify methods to increase the inventory of affordable housing. <br /> MOTION: It was m/s by Thorne/Pentin to approve the staff recommendation with Option 3, as <br /> described and to introduce and waive full reading of Ordinance No. 2067 approving the application <br /> (Option #3) for a Planned Unit Development Major Modification and Development Plan (PUD-85-08-1D- <br /> 4M) to construct 305 apartments units, two retail buildings totaling 7,520 sq. ft., new sufrace parking <br /> City Council Minutes Page 20 of 23 April 16, 2013 <br />