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Ms. Suzanne Lamperr, GPuen and Gruen, addressed the fiscal impact concerns. She referred to the "Interim Fiscal Report - 1981-82 through 1985-86" of the Director of Finance for the City, dated November ?, 1983, stating there would be deficits in this entire period without revenues received from the Hacienda Business Park. Mr. Jim Musbach, Gruen and Gruen, reviewed the job estimates. He stated the current analysis in the Environmental Impact Report presents up-to-date information for development in Pleasanton. He explained that prior information was based on estimates, but which have now been refined and are accurate as to what will occur in Pleasanton. Mr. Stan Saylor, Bissell and Karn, addressed the availability of water for the proposed business projects. He stated the uncertainties of the State water supply are fully disclosed in the Environmental Impact Report and responses. He advised that Zone 7 shows a groundwater level to supply water for forty years, but they are recommending a preservation program to curtail the use of water. Mr. Michael Hogan, Earth Metrics, addressed the concerns of air quality standards being met. He advised that the Environmental Impact Report considered the worst possible conditions that could occur in the valley. He advised there will be an on-going monitoring system. He reviewed the monitoring process, which will be taken at both an altitude and at ground level. He stated the monitoring program will be in compliance with both state and federal air quality standards regulations. Mr. Joe Callahan stated the amendment to the growth management element does not change the land use element, and further states that any projects of regional or sub- regional impact will require additional study. He stated that total valley popula- tion figures presented earlier were inaccurate; in his refined projections the esti- mated population of the valley in the year 2005 indicate a total of 250,000-265,000; rather than the 400,000-600,000 presented by a opponent. He stated the bonding per- formance is secure; the economic incentive will insure that Hacienda performs. He stated that build-out over the next 20-25 years is planned in an orderly fashion and in compliance with all city requirements. He thanked Council for their consideration of the two items. " There being no further testimony, Mayor Butler declared the public hearing closed on the two items. He thanked the audience for their participation. Councilmember Brandes stated that many people have expressed grave concerns about this project, and he felt their concerns are legitimate. He stated he also had con- cerns but felt the consultants have answered the questions in the Environmental Im- pact document, which is the City's safeguard and protection to have the development it desires. He stated that Pleasanton is extremely fortunate to have Prudential Insurance Company and Joe Callahan become a part of the community; they share the same concerns for this community as everyone does. He stated he is proud to support this project because of its quality, economic strength, street improvements already done and capital improvements that will soon be taking place, and the orderly fashion in which development is proceeding. Mayor Butler stated he personally had never seen a more thorough Environmental Impact Report document identifying worst case impacts, and this is a very unusual opportunity and solid basis on which to proceed. Councilmember Mohr concurred. ll. ll/S/S3