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103 Mr. Harris reviewed the changes made to the plan since the one that was origi- nally approved; the major changes being the increased size of the free-standing office building and deletion of building "C" (combining to slightly increase the total floor area), and the addition of parking spaces. He stated that all condi- tions of approval on the previously approved design review are essentially the same except for the addition of the three North Pleasanton assessment conditions. He stated the developer indicated the free-standing building will be constructed first with no plans for ~mmediate construction of the remaining buildings. Mayor Mercer asked if the application could be conditioned to require the developer to build the commercial portion of the project before the office build- ing. The City Attorney advised this could be done. It was moved by Councilmember Butler, and seconded by Councilmember Mohr, that Resolution No. 82-105, determining on the basis of a review of initial environmental study done for this project, that no significant environmental impact would occur as outlined in the City's guidelines and that a negative declaration is appropriate for P.U.D. (Planned Unit Development) zoning and development plan approval for a commer- ~ cial and office project consisting of five structures totalling approximately 88,000 ~ sq. ft. on an approximately eight acre site located at the southeast corner of West CO Las Positas Boulevard and Santa Rita Road, be adopted. ~ The roll call vote was as follows: AYES: Councilmembers Butler, Kephart, Mohr, and Mayor Mercer ~ NOES: None ~ ABSENT: Councilmember Wood Councilmember Mohr stated that the purpose of the office building is to house the applicant's o~n office and for banking purposes. She stated she felt this would be a plus for the neighborhood. She stated she felt the application should not be conditioned to construct the commercial portion first as it might prevent the pro- ject from being constructed. Councilmember Butler stated this is one of the several areas where shopping is needed. He stated he felt it is important that the project get started then allow the commercial portion of the development to come along as quickly as possible. Mayor Mercer stated that the Vintage Hills project was conditioned upon building the commercial portion of the project before the residential portion could be ~tarted. Mr. Glenn Kierstead, Meadow Plaza Associates, 2836 Sombrero Circle, San Ramon, entered the meeting at this time (9:10 p.m.). He stated the reason for requesting P.U.D. zoning is so that the project can be done in phases, because of the diffi- culty in obtaining financing. He stated with the absence of take-out loans, syndi- cation would be used. He stated he would like to construct the office building first to house his headquarters. He stated that Save-Mart still plans to become a tenant. He added that the office building is the key to this project being constructed. He asked for PUD zoning to accommodate the syndication method of financing, stating he would like to start Phase I in June and begin the market portion the following spring. He stated that if tenants are secured he will construct the other buildings simul- taneously. Mr. Kierstead stated the only conditions he is opposed to are the three assessment district conditions. He felt these conditions put him in the assessment district without going through the process already set up in the assessment district for protests. He advised the preliminary assessment district fees on this particular acreage are about 70% of the land value in 1980 and he felt this is too much to bear. 10. 3/23/82