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Page 5 of 7 less frequent meetings. Economic Vitality Committee • Reduce members from 22 to 9, to focus on industry sector representation, including commercial real estate, downtown business, retail, information technology, life sciences, commercial services, professional services, and 2 at-large members • Meet every other month The City has strong partnerships with local business-supporting organizations such as Visit Tri- Valley, the Pleasanton Chamber of Commerce and the Pleasanton Downtown Association. City staff facilitates ongoing collaboration and information-sharing opportunities among these partners, such that their input to the City is already incorporated into recommendations presented to the City Council. Focusing the membership of the Economic Vitality Committee on industry sector representatives will provide additional perspectives and insights to be shared with City staff and the City Council on issues that impact the local economy. Planning Commission (Eliminate Housing Commission) • Planning Commission to assume Housing Commission responsibilities • Maintain 6 members • Meet twice per month The Housing Commission was created to provide oversight for Kottinger Place (now redeveloped into Kottinger Gardens) and Ridgeview Commons. Both senior housing properties are now managed by non- profit affordable housing developers and are subject to the regulations of the California Lower Income Housing Tax Credit (LIHTC) program, with monitoring of these projects provided by the California Tax Credit Allocation Committee (TCAC). As a result, the oversight role previously taken by the Housing Commission is no longer necessary. The Housing Commission has continued to conduct a review of the Ridgeview Commons annual operating budget, which is required to be submitted to the California Housing Finance Agency, one of the original lenders that financed construction of the project. However, Commission-level review of the budget is not mandatory, and could instead be performed by staff. Currently, the Housing Commission reviews and recommends Affordable Housing Agreements (AHA) with residential developers proposing housing projects and how they can meet the City's Inclusionary Zoning Ordinance (IZO). While the Housing Commission's review has been helpful, usually the affordable housing component is linked to other dimensions of the project, such as project design, other proposed community benefits, or increasingly, application of density bonus requests, which are outside the purview of the Housing Commission. Since the Planning Commission is typically involved in more comprehensive review of development projects, a clear nexus could be made to incorporate recommendations connected to approval of a related AHA as part of the Planning Commission's overall action. Page 15 of 228