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8 Qo~nenh~pa Co THE CITY OF AGENDA REPORT ,0a li ~ ~~'`~ ~- ~ ~~ I a~ ~~~ ~ CITY COUNCIL AND BOARD OF TRUSTEE ; ~~ ~~ j'L~f~S~4NTONe JOINT MEETING ~ ' a- PLEASANTON UNIFIED SCHOOL DISTRICT March 19, 2007 TITLE: BERNAL PROPERTY UPDATE SUMMARY This report provides an update on the status of the City-owned Bernal Property, including the conclusion of the planning process, progress on implementation, and the effort to create a financing plan for the public improvements. BACKGROUND The Bernal Property consists of a total of 516 acres located south of Bernal Avenue on the east and west sides of I-680. The Bernal Property Phase II Specific Plan provides planning direction for the 318-acre public land portion of the property; the 198 acre "private" portion has been planned for residential and commercial development, a "village common" park, neighborhood park, elementary school (Hearst) and roads. As of early 2007, the development of the elementary school, parks and most of the residential units is complete. The 39 acre commercial property east of I-680 and west of Valley Avenue is yet to be developed. The Phase II Specific Plan permits a variety of public and quasi public uses to be integrated into an open space/grand park-like setting. These uses include: an agricultural club and agricultural uses; childcare; community vegetable garden; cultural arts facilities; educational facilities; environmental education center; fire station; Native American History Reflective Area; open space and park and recreation uses; park and ride commuter parking lot; public utilities; trails; and ayouth/community center. Part of the Phase II area is to be developed as a 50-acre Community Park with the objective of providing areas for active recreation, including sports fields, rest rooms, parking, and related facilities. This area will be located north of Valley Avenue and west of the Union Pacific Railroad tracks. Planning for the construction of the first phase of this park is underway, as described below. ADOPTION AND IMPLEMENTATION OF THE PHASE 11 SPECIFIC PLAN AND COMMUNITY PARK MASTER PLAN The Phase II Specific Plan and the Community Park Master Plan were adopted by the City Council on May 16, 2006. The Phase II Specific Plan Land Uses were ratified by the voters on November 7, 2006, with the passage of Measure P. Implementation of the Specific Plan is moving ahead as follows: