CCMIN020414 - Laserfiche WebLink

of revenues to the General Fund. Property tax revenues, which surpassed sales tax revenues in the early 2000s, will continue to be the key revenue item related to new development. Expenses from new development will be highest with respect to public safety and parks. The net fiscal benefit forecast at build out provides an opportunity to improve service standards beyond their currently high level. Growth forecasts for the city are relatively balanced, with the greatest growth occurring in senior housing facilities and R&D uses. When converted into population and employment figures, this growth represents approximately 10,000 new residents and 21,000 new employees in Pleasanton. Mr. Musbach concluded the presentation, stating that the Fiscal Impact.Analysis validates the General Plan's soundness as a blueprint for the ongoing fiscal health of Pleasanton. He reemphasized that even those uses which are not fiscally sound are part of a broader mix that adds to the diversity and utility of what so many enjoy about Pleasanton. . Mayor Thorne opened the public hearing and, seeing no speakers, closed the public hearing. MOTION: It was m/s by Pentin/Cook-Kallio, to accept the Long-Terri Fiscal Impact Analysis of the General Plan and Housing Element Update. Motion carried by the following vote: Ayes: Councilmembers Brown, Cook-Kallio, Narum, Pentin, Mayor Thorne Noes: None Absent: None 15. Approve an amendment to the contract with Gates and Associates for additional services related to preparation of the East Pleasanton Specific Plan Mr. Fialho provided a brief overview of the item, which relates to recent discussions with the East Pleasanton Specific Plan Task Force, Planning Commission and City Council. One of the deliverables requested as part of this project is an economic feasibility analysis of each of the options selected for environmental review. The cost for this activity is being absorbed by the plan area property owners and will be folded into the original amount of$751,766 for which they are obligated to contract for to get the city through this planning process. Councilmember Brown said her understanding has always been that the primary focus of the east side was to satisfy the needs of Regional Housing Needs Assessment (RHNA) requirements. It is also her understanding that recent conversations with the Executive Director of the Department of Housing and Community Development indicate that the city's existing rezonings may satisfy this need through the next RHNA cycle. She questioned the validity of continuing to invest property owners' funds and the city's resources on a project that might not be pursuing given this new information. Mr. Fialho explained that exploration of the east side began for a number of reasons, but conceded that it would be fair to say that it was intended to serve as part of a strategy to address future RHNA obligations. Since embarking on that process, staff has learned the majority of land recently rezoned and not currently under construction will be credited against the city's RHNA obligation. It is therefore possible that the Housing Element prepared for the 2014-2022 planning cycle may not contain any associated rezonings. He conceded that this does beg the question as to what to do with the East Side but said the direction by this Council has been to proceed as planned unless staff is directed otherwise. Staff is preparing a comprehensive report regarding the next RHNA cycle, including any required rezonings, to for the Council to review. The Council will then be asked to provide direction as to how to proceed, with several options ranging from stopping the process to completing the process. Councilmember Brown asked and Mr. Fialho confirmed that staff anticipates presenting this report to the Council in March. City Council Minutes Page 13 of 15 February 4,2014