Laserfiche WebLink
EXHIBIT A <br /> FINDINGS <br /> Purpose of JDEDZ Transportation Fee <br /> The City has identified the approximately forty acres comprised of the twelve parcels located at <br /> 7106-7315 Johnson Drive and 7035 and 7080 Commerce Circle in Pleasanton, California as the <br /> Johnson Drive Economic Development Zone (the "JDEDZ"). The JDEDZ contains a mixture of <br /> land uses, with the predominant land use being light industrial. Over the years, the JDEDZ has <br /> suffered from a lack of investment, underutilized properties and aging infrastructure. The City, <br /> through a variety of techniques, intends to transform the JDEDZ into a thriving commercial <br /> corridor with new land-uses and services to generate new tax revenues to help support City <br /> services and programs, and allow property owners to enjoy additional uses for their property. <br /> To implement the JDEDZ, the City Council approved: (1) a Supplemental Environmental Impact <br /> Report ("SEIR"); (2) a General Plan Amendment to change the land use designation of the <br /> JDEDZ site from Business Park (Industrial/Commercial and Office) and General and Limited <br /> Industrial to Retail/Highway/ Service Commercial; Business and Professional Offices; and (3) a <br /> Planned Unit Development Rezoning to rezone the JDEDZ site from Planned Unit <br /> Development-General and Light Industrial (PUD-G&LI) District, Planned Unit Development <br /> Industrial/Commercial-Office (PUD I/C 0) District, and General Industrial (I-G-40,000) District to <br /> PUD-C District. <br /> To implement the City's goals for the JDEDZ and as a necessary first step in encouraging new <br /> businesses to locate in the JDEDZ, various public roadway improvements need to be completed <br /> along Johnson Drive and Commerce Drive and Stoneridge Drive. The proposed street <br /> improvements are described in more detail in the SEIR for the JDEDZ. ("JDEDZ Street <br /> Improvements"). <br /> The purpose of the JDEDZ Transportation Fee is to: (1) help mitigate the impact new <br /> development in the JDEDZ will have on the City's transportation system; and (2) adopt a fair <br /> and equitable method of funding some of the JDEDZ Street Improvements. <br /> Use of the JDEDZ Transportation Fee <br /> The JDEDZ Transportation Fee will be used to help finance the construction of some of the <br /> JDEDZ Street Improvements, including the following: <br /> • Commerce Drive at Johnson Drive Signal (Mitigation 4.D-1a) <br /> • Johnson Drive at Owens Drive (North) Signal (Mitigation 4.D-1 b) <br /> • Johnson Drive at Stoneridge Drive Intersection - left turn (Mitigation 4.D-1c) <br /> • Johnson Drive widening (Mitigation 4.D-3) <br />