CCMIN051992 - Laserfiche WebLink

45 the above-mentioned external traffic generators. We believe this is in the best interests of all of Pleasanton's residents and for the economic benefits pointed out in the staff report. As further good faith proof of Hacienda's efforts to keep traffic at a minimum, Prudential is offering to reduce its current authorized average FAR from approximately .47% to .40% of the remaining developable land in Hacienda. This figure would approach nearly one million square feet if the Council accepts our request. We are requesting that Council direct staff to bring back a modification to Hacienda's PUD that treats the Business Park as an approved project under either Options 2 or 5 of the staff report. We would also request that we review the Phase I and Phase II development agreements in hopes of incorporating them into one agreement and extending the time period, since the Phase I agreement runs out in 1996. There are very few other NPID projects that are not built out and we would hope that should they wish to make the same request to Council, that they would offer to reduce its allowable FAR's by some similar amount as Hacienda is offering to do. We thank you for your consideration and would answer any questions you might have. Mr. Butler indicated he understood that Mr. Owens was only speaking for Prudential when he suggests that they would reduce the allowable FARby about 15%. Mr. Butler asked if Mr. Owens knew of any other developments willing to do that. Mr. Owens indicated he could not answer specifically for them, but Signature Center would have a difficult time using all of their allowable FAR under current business conditions. Good business judgment would result in their agreeing to a similar reduction. Mayor Mercer asked for clarification that Prudential would reduce Hacienda by one million square feet if Option 2 or 5 were selected. Mr. Owens agreed. Mr. Owens further clarified that Option 2 is a viable option at this time because it would involve the General Plan LOS conditions remaining in effect, whereas Option 5 would require an amendment to the General Plan to allow Hacienda to be treated as an approved project under the LOS .91 condition. Mr. Butler asked if an analysis had been done that verifies that if Option 2 were followed, LOS D would not be exceeded. Bill van Gelder, Traffic Engineer, indicated that when total city build out, with all of the developments in addition to North Pleasanton was examined, there were three intersections that did not work. Two intersections, Hopyard/Owens and Hopyard/eastbound off ramp of 580, were slightly over the LOS D. In that regard, once the Measure B funded flyover is built, which will prevent an exit at Hopyard from southbound 680 (traffic would go to Hacienda Drive or continue south and get off at Stoneridge). The problem areas at Hopyard and 580 would be alleviated by that rerouting. This would not create problems at any other intersection. 5/19/92 13