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<br /> CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ALAMEDA COUNTY, ALAMEDA <br /> RESOLUTION NO. OS-068 <br />RESOLUTION AMENDING MASTER FEE RESOLUTION NO. 92-100 <br /> TO INCLUDE A PARKING IN-LIEU FEE IN THE <br /> DOWNTOWN REVITALIZATION DISTRICT <br />WHEREAS, the Downtown Specific Plan, adopted by the City Council in March 2oo2, <br /> identifies parking as one of the most important issues for the Downtown and <br /> recognizes its role in facilitating the economic vitality of the area both today and <br /> as the Downtown continues to grow and intensify; and <br />WHEREAS, the City's parking ordinance, Chapter 18.88 of the Pleasanton Municipal Code, <br /> has, for many years, included a provision for an In-Lieu Parking Program <br /> whereby development not able to accommodate all of its required parking on site <br /> would pay an equivalent sum of money which would be collected by the City and <br /> used to purchase land for, and to construct, public parking lots in the Downtown; <br /> and <br />WHEREAS, the City's parking ordinance was last amended in 2oo3 to implement the new <br /> parking policies of the Downtown Specific Plan and to address related issues with <br /> some of the previous parking regulations; and <br />WHEREAS, one of the provisions of the amended ordinance requires that the in-lieu parking <br /> fee be updated regularly to realistically reflect land and construction costs; and <br />WHEREAS, a duly noticed public hearing was held on September 6, 2OOS, at which time the <br /> public was offered the opportunity to present testimony regarding this matter; and <br />WHEREAS, after review and consideration of the materials presented, the City Council <br /> determined that the proposed parking in-lieu fee of $14,000 per parking space in <br /> the Downtown Revitalization District is acceptable and reasonable to encourage <br /> continued development and redevelopment of Downtown properties in a manner <br /> consistent with the Downtown Specific Plan. <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOL YES <br />AS FOLLOWS: <br />Section I. The City Council amends Master Fee Resolution No. 92-loo to reflect a parking <br /> in-lieu fee of $14,000 per parking space in the Downtown Revitalization District. <br />