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2. Identify the potential positive impact of creating a community where there would <br />be a subset of senior housing — maybe 25 percent, maybe 50 percent — one or <br />two scenarios and what that would do to the school impact and the traffic impact. <br />The answer could be overlaid into any of the scenarios for decision - making. <br />3. Have a full economic and fiscal analysis for each scenario, as is a common <br />practice with large businesses. More importantly, the analysis should include not <br />only a most - conservative or worst -case view of financials but also a best -case <br />view and a most - likely or moderate view. <br />4. Do a detailed study on three El Charro Road configurations with supporting <br />economics and traffic impacts. Very importantly, the traffic analysis needs to <br />include the weekend impact of traffic, which is not normally done in many of the <br />City's traffic studies but was brought up tonight, based on the numbers from Mike <br />Tassano, City Traffic Engineer. In this situation, the weekend traffic impact is a <br />significant quality -of -life impact for the neighborhoods, and it needs to be <br />understood that while it will never be as bad as the weekday, it is a real impact. <br />The three scenarios for the El Charro Road configurations are: <br />a. a four -lane scenario as planned; <br />b. a two -lane scenario which includes two angles: (1) no underpass or <br />overpass; just a traffic light similar to going Downtown by the Pleasanton <br />Hotel; and (2) have an overpass or underpass and show how much <br />money can be saved from doing this and what its traffic impact is; and <br />c. a "no El Charro Road" impact study. <br />The reason for all three scenarios is that there are enough questions from this <br />community about what the real answer is regarding El Charro Road, and absent <br />having that, it would be just guessing. Another question is whether the traffic <br />impact at the Valley Avenue /Santa Rita Road intersection will be better or worse <br />with 2,200 homes and with El Charro Road versus 1,000 homes without El <br />Charro Road. Without running these numbers, nobody will know if full justice <br />was done on that open question that so many from the community have. <br />5. Add another scenario, if possible, that would look at a question of economics in a <br />way that is different from any of the other alternatives already considered: What <br />the least amount of homes that can be built is, assuming a 65 percent/35 percent <br />mix, while still breaking even and having a financially feasible project, perhaps <br />with a more moderate or more - likely assumption, possibly even a reduced <br />El Charro Road. Again, this would be answering the question in a very different <br />way than all the other alternatives already looked at; it is just a different <br />approach, like looking at this through a whole different lens, to answering the <br />question of whether there is another financially feasible project. <br />PLANNING COMMISSION MINUTES, November 13, 2013 Page 12 of 50 <br />