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think that owner should be the last one reimbursed under Pan 5. He did not agree with undergrounding because the 60 KV poles would still be there. The undergrounding would only remove a few wires and add $1.3 million to costs, which is a waste of money. Roger Manning, 4725 First Street, encouraged Council to find some solution at this meeting, at least to allow the west Vineyard area to move forward. There is no benefit to holding up their development until next year. He suggested continuing the processing of their tentative maps concurrently with the resolution of details for the financing plan. He did not suggest homes could be built, but to proceed with the paper processing with a condition the final map cannot be recorded until the finance plan, the schools and the road are provided for. The process to complete a final map will take another six or seven months, which should provide enough time to finalize the infrastructure financing plan. The builder on the west end will be paying $900,000 in infrastructure fees. The school site has been contracted for and is in escrow. He believed that within 45 days the properties at the east end will be under contract by one or more builders who are anxious to build the streets, infrastructure and homes allowed under the Specific Plan. Doyle Heaton, Delco Bu~ders, Concord, indicated he has had six properties in the westem Vineyard area for a year and a half. He has submitted everything necessary and his tentative map is deemed complete by the staff and ready to proceed with hearings. However that cannot occur until a financing plan is approved. They have all necessary infrastructure in place and will pay their share of infrastructure to the east. Some of his contracts will be running out and he is concerned about further delays while the details of the financing plan are worked out. He urged Council to approve continued processing of his tentative map, subject to a condition that no construction can occur. That would allow another four to six months for the City to know if the school is to be constructed and to ~nalize the financing plan. It will only take forty out of a total of 160 units to provide the necessary funds for the infrastructure. He agreed with Mr. Manning that within 45 to 60 days there will be developers ready to proceed with projects. He again urged Council to allow his tentative maps to proceed. Ms. Michelotti asked when the fees would be paid. Mr. Heaton said fees are paid at the final map. Mr. Swift clarified that fees are paid at the final map, or if improvements are constructed there is a credit against the fees, or a bond is provided for the improvements. Mayor Tarver asked if Council could allow the tentative map to proceed without changing the Specific Plan? Mr. Swift said no. It may be possible to approve an interim financing plan that would allow the tentative map to proceed. Pleasanton City Council 13 11/09/99 Minutes