SR 06:231 - Laserfiche WebLink

through a ground lease, with a below market lease term estimated at one dollar annually. Most likely, the City would eventually own the facility. In exchange for the below market lease, the Sharks will agree to provide a range of community oriented ice rink services at reasonable fees and perhaps make other park improvements. DISCUSSION Based on staffs limited involvement to date, the proposed development could provide a beneficial community based service that is currently unavailable in Pleasanton. As a result, staff is recommending a full review of the development concept. There are some obvious challenges/issues that must be addressed as part of this development as follows: . Facility Access - Under its current design and in accordance with the Staples Ranch MOU, access to the City park is limited to Stoneridge Drive, which mayor may not be adequate/appropriate for the Sharks development. Also, improvements to EI Charro south of Auto Mall Place are not anticipated under the Staples MOU and as a result, the current two-lane configuration is most likely inadequate for access from the east to the park and the Sharks Facility. Finally, while access may be possible from the north through the 17-acre site identified for future commercial uses, bifurcating this site may prove to be problematic for the Alameda County SPA. Attachment A shows a potential location and access for the Sharks facility . Project Financing - Sharks Ice has indicated that this development requires a significant City financial contribution that could be met through a below market land lease. Assuming this, a number of issues related to the City's return on its investment would be pursued including park improvements, the level and cost of public services offered to the community, ultimate ownership of the facilities, etc. Based on discussion to date, the Sharks intend to provide all facility construction financing. . Facility Location - Identifying the appropriate location for the facility and its integration with other future park amenities requires additional study. Issues include facility access as outlined above, maximizing park space and potentially accommodating hydromodification (Le., storm water run off) from portions of the Staples site. . Identification of Community Need - Through meetings with the Parks and Recreation Commission and the Youth Commission, staff will assess the level of community interest in the facility to determine if it represents the best use for the site. If the Council approves staff recommendation, staff will begin the review process immediately. Of initial concern is determining if the development will be processed as part of the Staples Ranch development or as a separate issue. As mentioned, the existing Staples Ranch process anticipates designing and programming park use after conclusion of the Staples Ranch review process. However, considering potential impacts, issues and opportunities, it may be appropriate to include this facility as part of the Staples development to take advantage of community input, SR 06:231 Page 3