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<br /> <br />5020 Franklin Drive, Suite 200 * Pleasanton, CA 94588 * Tel: (925) 460-8900 * Facsimile: (925) 734-9141 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />August 20, 2024 <br /> <br />Honorable Mayor and City Council Members <br />CITY OF PLEASANTON <br />200 Old Bernal Avenue <br />Pleasanton, CA 94566 <br /> <br />VIA EMAIL <br /> <br />RE: Special Workshop Review of Inclusionary Zoning Ordinance <br /> <br />Dear Mayor and City Council Members: <br /> <br />We understand the need to review and update this ordinance as the provision of affordable housing <br />is an important consideration for the City of Pleasanton. Ponderosa Homes has in the past provided <br />significant quantities of affordable housing via both the inclusion of units within specific projects <br />and the payment of inclusionary fees where this method is more practical and fits within the <br />planning scope of the project. <br /> <br />Our main concern with the current proposal is the amount of the in-lieu fee proposed and how it <br />is applied. We understand the logic behind the fee calculation and how this method was vetted in <br />the courts. However, we also believe there are some shortcomings in this method in the assumption <br />that that the size of the homes to which this fee is applied represents the sum of demands for <br />services by the presumptive residents. We believe there should be a cap on the per s.f. fee for, as <br />proposed, someone building a 3,000 s.f. house would pay $136,710 as an in-lieu fee and someone <br />building a 4,000 s.f. house would pay $182,280. It’s hard to understand the nexus of this method <br />as the family occupying the 3,000 s.f. home might have 2-3 kids in school while the retired couple <br />using their 30 years of home equity to build their 4,000 s.f house on a modest income spends <br />considerably less. This is just one way to look at this fee and we would suggest that a maximum <br />fee of $100,000 per unit could be more appropriate. This would almost double the current fee and <br />address the inherent nexus question in applying the fee regardless of the size of the home. <br /> <br />Thank you for your consideration. <br /> <br />PONDEROSA HOMES II, INC. <br /> <br /> <br />Jeffrey C. Schroeder <br />SVP Land, Planning & Operations <br />5020 Franklin Drive, Ste. 200 <br />Pleasanton, CA 94558 <br />925.460.8910 (D) <br />925.998.8586 (M)