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Annette Brecheisen From: Pleasanton City Clerk SUPPLEMENTAL ENTAL 61.�ATfEI IIAL Subject: Johnson EDZ Funding with CIP Budget Provided to the City Council After Distribution of Packet From: Ellen Holmgren Date 6 - G- 17 Sent: Monday,June 05, 2017 10:37 AM To: Matt Sullivan; Mayor and City Council <citycouncil @cityofpleasantonca.gov> Cc: Nelson Fialho<NFialho @cityofpleasantonca.gov>; Dan Sodergren<dsodergren @cityofpleasantonca.gov>; Eric Luchini <ELuchini @cityofpleasantonca.gov>; Pleasanton City Clerk<pleasantoncityclerk @cityofpleasantonca.gov>; Gerry Beaudin<gbeaudin @cityofpleasantonca.gov>; Adam Weinstein<AWeinstein @cityofpleasantonca.gov>; Kendall Granucci <KGranucci @cityofpleasantonca.gov> Subject: RE:Johnson EDZ Funding with CIP Budget Dear Matt Sullivan, Thank you for your email regarding Item 15 on the City Council Agenda for Tuesday, June 6, 2017. This email acknowledges receipt of your email to the Mayor and City Council and the City Manager. Thank you again for your interest in the City of Pleasanton. Sincerely yours, Ellen Holmgren, Administrative Assistant City of Pleasanton From: Matt Sullivan Sent: Monday,June 05, 2017 9:30 AM To: Mayor and City Council<citycouncil@citvofpleasantonca.gov> Cc: Nelson Fialho<NFialho @cityofpleasantonca.gov>; Dan Sodergren<dsodergren@citvofpleasantonca.gov>; Eric Luchini<ELuchini @cityofpleasantonca.gov> Subject:Johnson EDZ Funding with CIP Budget Dear Mayor and Council, I see that you will be considering the approval of taxpayer funding for the Johnson Drive EDZ infrastructure to the tune of$6.4 million with your two-year CIP budget Tuesday night. The budget report also indicates that additional funding will need to be identified later to fully fund the project. In addition, you will be transferring $5 million from the Operating Budget to the CIP, and while not directly identified to fund the JDEZ, it's easy to come to that conclusion. I must assume that if a dollar amount has been identified for the budget that an agreement—even tentative— with Costco and Nearon must have been reached for the city subsidies. And I also assume that a responsible City Council would not vote to approve such subsidies unless they have been briefed by City Staff on that agreement. The only ones left out of those details are the public, your constituents, and the people paying. i