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Ms. Michelotti did not think this was an easy decision. The number one thing is to get <br />something done and soon. There was additional matefiat given in the report and the information <br />from Mr. HahneL She would feel more comfortable if all the pieces of the puzzle were here. <br />She understood the concerns of Signature in putting up a million dollars when the reimbursement <br />is unknown. She asked staff if there was more information to allay her fears in forcing the issue <br />and going forward fight now. <br /> <br /> Mr. Lum indicated staff has considered for some time all of Signature Properties' issues <br />as well as those of Mr. Hahner. It is difficult to address the concerns of Signature based on its <br />assumption that there will be more development in the Corridor and the roadway expenses would <br />be less. He did not think it was possible to amend the reimbursement agreement at this time to <br />satisfy Signature's expectations. When the specific plan is developed there will be more <br />information with which to base staff s consideration and there could be a different approach. <br /> <br /> Ms. Michelotti wanted discussion about the preannexation agreement and how strong the <br />language was. Was it a condition that Ruby Hill straighten the "S" curve? Or was the city <br />going to straighten the road and expect Signature to join in the cost? What is the nexus issue? <br />Also, wasn't there discussion about some benefit to Signature for the roadway improvements it <br />had already made or were going to make on another part of Vineyard? <br /> <br /> Ms. Acosta stated those discussions involved what Council ultimately wanted to do with <br />the roadway and were a separate discussion. What has been stated by Signature Properties and <br />by the Mayor are both accurate as to the discussions that took place at the time. But the <br />discussions took place at different points in time. There were several roadway designs before <br />Council which were problematic in trying to meet all the concerns of all the property owners. <br />That caused a great deal of the delay in getting the ultimate plans approved. There is a sefies <br />of events which caused the delay in getting these reimbursement agreements before Council. <br />There were discussions going back to the annexation of Ruby Hill. The development had been <br />approved and there were going to be some impacts, including traffic, on the community and <br />there would also be some benefits from a revenue standpoint, so why not annex to Pleasanton. <br />There were also discussions about additional traffic improvements that could be added that the <br />County had not included in its approval. There was not a condition of approval that specifically <br />requires construction of the Vineyard "S" curve. It was an issue of advancing funds if <br />Engineefing felt that the improvements to the "S" curve needed to be done. There were lots of <br />questions and directions and pressure to staff to proceed as quickly as possible with the design <br />of the roadway. Staff attempted to do that, but there were very detailed negotiations necessary, <br />which continued for a number of Council meetings in trying to meet everyone's concerns. <br /> <br /> Ms. Michelotti requested clarification that the condition for the road was not in the <br />County approval, but the preannexation agreement alluded to that although it was not required. <br /> <br /> Ms. Acosta indicated the agreement set for the condition that there be a reimbursement <br />formula if it was necessary to advance funds for the roadway. Ultimately, Signature would pay <br /> <br />08/13/96 <br /> -11- <br /> <br /> <br />