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additional $2.50 per round and still be competitive and, in the future, it could charge as much as $7.00, more, which is more than enough to help pay for infrastructure. He cited the proposed fees listed in the report. He said the fees are comparable to a three star golf course. The Happy Valley golf course is comparable to a four-star golf course; therefore the fees could be raised. Ms. Michelotti asked if he had addressed the different financing methods. Mr. Howell said if the costs have to be financed, the residents actually end up spending almost double what the original cost would be. Ms. Michelotti pointed out that the costs vary from $20,000 to $40,000. Mr. Howell knew that because his neighbor told him he would have to pay $10,000 more than he (Mr. Howell) would. Also people may decide to choose only one utility, which might not make the assessment district feasible. Ms. Acosta clad fled the recommendation, the use of funding from the General Fund would show as a loan to the golf course. Bud Barlow, 6723 Alisal Street, was concemed with the quality of the water. He said if there is any degradation in water he wanted the golf course to take care of it. Roger Manning, 1300 Happy Valley Road, was disappointed that the decision on the golf course was going to be delayed another few weeks. He gave a brief overview of the project. He said everyone has worked in good faith. Therefore he is confused about the postponement because the PUD approval is separate from the annexation. He thanked everyone involved for the hours and hours of effort and hard work and hoped everyone's dreams would become a reality. Tom Smith, 1070 Happy Valley Road, appreciated the hard work. He had concems that the bypass road may not be constructed and the traffic that would cut through Happy Valley if this is the case. Therefore under the current conditions the developer has set forth, there is no guarantee of a bypass road and he would vote against the annexation. Steve Jensen, 1133 Happy Valley Road, felt it was time to move forward with this golf course. Bruce Brogden, 6245 Alisal Street, calculated his costs for the financing method to be $32,500. He also had concerns about the bypass road not being built. He said unless it is guaranteed that the bypass road would be constructed he would not vote for annexation. Pleasanton City Council 15 07\06\99 Minutes