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