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AGFUO-Public comments submitted for the June 1, 2021, City Council Meeting <br /> Page 3 of 3 <br /> ' i11 � <br /> PLEA�ANTON <br /> DOWNTOWN <br /> ASSOCIATION <br /> Very sensibly,the existing AGFUO exempts any"existing, purpose-built building containing a <br /> bank or financial institution as its primary tenant/occupant." This policy illustrates how difficult <br /> it is to reclaim former retail space lost to non-active uses. <br /> Because the AGFUO specifically calls out a "bank"or"financial institution"separately,we rely <br /> on the standard industry definition of a financial institution as including"a broad range of <br /> business operations within the financial services sector including banks,trust companies, <br /> insurance companies,brokerage firms, and investment dealers"(investopedia.com). Although <br /> a broad category,there are only a few such existing purpose-built buildings on Main Street <br /> other than banks. The purpose of AGFUO should be primarily to prevent the further loss of <br /> existing active retail space to non-active uses on Main Street, not to punish owners of long- <br /> established purpose-built structures that never were retail spaces at any time. <br /> CONCLUSION <br /> PDA members have interests on all sides of the above issues. Even so,we are joined in <br /> dedication to preserving downtown by working with the City of Pleasanton to create the most <br /> sensible,effective, and consistent policies for advancing economic,social,and civic life on Main <br /> Street. We believe the DSP and AGFUO are sound,were created with considerable citizen <br /> input,and require only modest revision to work even more effectively. <br /> Respectfully, <br /> Terri Terry Ac Grant <br /> President Executive Director <br /> 333 Division Street <br /> Pleasanton,CA 94566 <br /> (925)484-2199 <br /> Exhibit C to July 28, 2021, Planning Commission agenda report Page 9 <br />iting period to bypass active-use and convert to placing a non-active tenant. This could lead <br /> to lengthy pro-cyclical vacancies and serious depressive effects. Lengthy vacancies are as bad <br /> or worse than conversion to non-active uses. <br /> For example,if the prerequisite for a conforming mixed-active/non-active-use requires building <br /> a permanent floor-to-ceiling wall between the two operations,the cost of such upfitting <br /> (construction, HVAC,etc.)may prevent a sensible mixed use that could be conducted <br /> successfully on either side of a solid, 7-foot-tall, partition. Likewise,the damage of retrofitting <br /> an historic building with a wall rather than a partition could have serious unintended <br /> consequences. <br /> 333 Division Street <br /> Pleasanton,CA 94566 <br /> (925)484-2199 <br /> Exhibit C to July 28, 2021, Planning Commission agenda report Page 8 <br />8, 2021, Planning Commission agenda report Page 2 <br />thers having concern about adding time to the process for <br /> business owners. <br /> Exhibit B to July 28 Planning Commission agenda report(Attachment 2 to June 1 City Council agenda report) <br />ly to a zoning verification, <br /> 5 <br /> Exhibit B to July 28 Planning Commission agenda report <br />erty Phase II Specific Plan <br /> and approve a financing plan for the potential relocation of the existing civic center. <br /> 2 <br /> Exhibit B to July 28 Planning Commission agenda report <br />the Zoning Certificate that would allow the use to occupy the tenant space on June 7, 2021. <br /> Active Ground Floor Use Overlay Planning Commission <br /> 2 of 5 <br />