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longer.She,advised the.current Housing Element and IZO both require-affordable units to be affordable in perpetuity. In response,to-Councilmember Testa, Director Clark advised she did not know but could investigate how..the mandates of SB 9 could potentially interrelate with requiring at least one of the units to be affordable. Councilmember.-Testa requested exploring the concept. , . • Mayor Brown clarified for Councilmember Narum page A-59 states the City is unaware of any units marked for conversion to market rate in the next 10 years. She advised it states, since 2001, the City has required all affordability units to remain in effect in perpetuity. In response to Councilmember .Narum, Director Clark confirmed there was a public comment suggesting;some were at,risk of conversion within 10years but the paragraph Mayor Brown read is the moreaccurate assessment of the situation. She confirmed staff will double-check this. - In response..to:Mayor Brown, Ms. Murillo clarifiedtech,workers residing in Pleasanton are included in the professional and financial services category. She advised staff they can refine the information in the next version of the document as it is a broad grouping. In response to Mayor. Brown,..Ms. Murillo confirmed 4.6% rental housing availability is a standard rate for California. Director Clark clarified it is a relatively normal vacancy rate. In .response to-Mayor Brown, Ms..Murillo clarified the census does-not •considerinvestment assets when factoring if a senior citizen is rent-burdened. Mayor Brown.advised Pleasanton<:is a jobs center because they,have Bay Area Rapid Transit (BART) trains,coming into town almost empty every morning. She noted companies seek Pleasanton-because it is a good reverse-commute option. - Councilmember Narum reported page A-60 lists 672 affordable units at risk of conversion. Director Clark advised this will be clarified in the-next edition. , Mayor-Brown opened the,public hearing. " , - Jocelyn, Combs:reported. Pleasanton thrives financially. because of itsbusinesses but if they cannot attract.residents. for thosebusinesses, it threatens the current residents'-.quality of life. She advised effective-Housing Element policies and programs with businesses would give Pleasanton flexibility,for whatever the future holds over the next-10 years and beyond. Becky Dennis emphasized understanding:Pleasanton's workforce.,She.stated the fact.companies are sointerested in the _employee .housing question that they are willing to.;pay for at themselves is;,a fascinating opportunity for Pleasanton and the Housing Element's policies should-state the City seeks these partnerships to help its workforce and climate objectives. She encouraged the City Council to get the community involved in this-process. Mayor Brown closed the public hearing. In. response to Mayor Brown; Director Clark confirmed there is a Lower-Income'Housing Fee charged for all commercial projects. She advised there is a clause allowing for the City Council to consider reducing the fees for things like warehouses that have a low employment density. Whether a warehouse is used primarily for storage or active usage with more people on-site would be taken into City Council Minutes Page 11 of 14 .October 19,2021