CCMIN102098 - Laserfiche WebLink

Ms. Michelotti was trying to make a point that there are or have been facilities that were a part of the $14 million and those facilities did not need to be included in the buy-in figure. Mr. Pico said the money from the Prop 4 override should have been refunded to the property taxpayers. It was the property taxpayers who chose to give the rebate back to the City. He had a hard time identifying the amenities in order to give credit to the business who paid for them (for example, the Hacienda Business Park). He can't identify amenities paid for by property taxes and we can't give taxpayers credit. This could be debated for the next ten years. He felt once the fees were in place, the projects and the nature of potential credits could be reassessed. This is just the beginning of the process. He understood staff had taken out of the equation the Dublin reimbursement regarding E1 Charro and put it off into the future. This is a good example on how the fees will be reassessed in the future and what monies will pay for what projects. Ms. Michelotti said the City of Pleasanton wanted to build amenities that would benefit the entire community. If the refund from the Prop 4 override had been given back, the majority could have gone to commercial sources. Ms. Acosta said the excess money came from a variety of sources, much of which in a quick growth period, will come from the properties with the largest assessments. The reason Hacienda Business Park properties were easily identified as getting a credit was because of the interchanges and the fire station. Mr. Pico replied that if the 14 million dollars could be identified, then all the indebtedness could be identified that the City has incurred for public facilities that have been paid for out of the General Fund revenues. The fee issue could be argued indefinitely but the report was a good compromise. Ms. Michelotti asked if the fee for commercial retail would be $8.26 per square foot? Ms. Acosta said yes. Keep in mind there were other exactions in the past. There is no way to compare the actual increase. Mr. Pico asked what the increase would be in the Commercial/Office/Industrial uses to cover the 20 percent differential. Ms. Acosta said it increases from $.47 to $.64. Mayor Tarver asked if a workshop could be held. Ms. Acosta said the increase in fees had to be discussed at a public hearing that was a regularly scheduled meeting. A workshop could have been held and many community meetings Pleasanton City Council 18 10/20/98 Minutes