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in order to reduce the ultimate costs to the golf course. He went over the requests and how Greenbriar has been able to either reduce or eliminate the costs. This results in $1.5 million which was reduced from the total costs of area wide infrastructure from the conceptual plan which was approved in February 1997. There was discussion as to whether the golf course should pay its fair share of the off-site improvements. The Noah Sycamore Specific Plan suggests that any development to the southeast, based on traffic, should pay its fair share of the off-site improvements. The Finance Plan proposes the golf course and the Sportono property pay its fair share. The law says property can only be assessed costs which are justified by the benefit it gains. Option 2 or 3 places the burden upon the North Sycamore properties only and would not be in conformance with the Noah Sycamore Specific Plan. The Finance Plan provides a mechanism for an individual funding developer to come in and front all of the costs for off-site area wide infrastructure. He said Greenbriar is willing to do this. He explained the allocation totals based upon the tables in the Finance Plan. He said the developers for parcel //20 and//23 had a concern about funding with only two developers. The developers for these two parcels could fund the debt portion as an assessment district. Ms. Ayala asked how many units do the numbers work with? Mr. Costanzo said the numbers were fi:,~:v. red based on 62 and 55 units. He asked Council to approve the Finance Plan as proposed. He reiterated that Greenbriar is willing to pay: all the money up front. Mayor Tarvet asked if there needed to be a two lane road created from Sunol Boulevard in order to develop the property. Mr. Costanzo said yes. Pat Kernan, 1885 Tanglewood Way, representing the Pleasanton Unified School District, urged Council to approve the Finance Plan ,as submitted with Condition No. 3. He feels that Greenbriar has moved forward in good faith and it is time for this project to move forward. Hoss Bozorgzad, 6546 Arlington Drive, asked Council to approve the plan as proposed and move the project forward. Tom Merschel, 9781 Blue Larkspur Lane, said New Cities Development Group is one of the funding developers and agrees with the Finance Plan. New Cities however does not agree with the part regarding the funding developers. The Specific Plan anticipates that the funding developers would take on the extraordinary burden of financing the infrastructure. New Cities Development Group is willing to do this, but the Specific Plan states three properties were supposed to participate. The plan as proposed started out with an assessment district as the center piece of the plan. There would be a lien on the Lund, Sycamore Heights and School District properties. This would generate sufficient dollars to pay for all the infrastructure. The plan has changed that if an assessment district is not formed the financing would be paid for by Pleasanton City Council 6 11/03/98 Minutes