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It was moved by Ms. Ayala, seconded by Mr. Pico, to adopt Resolution No. 99-134, determining that the public interest and necessity demand the acquisition of municipal improvements and their financing through the issuance of general obligation bonds; to introduce Ordinance No. 1801, to be read by title only and waiving further reading thereof, ordering the submission of a proposition of incurring bonded debt for the purpose of the acquisition of certain municipal improvements to the qualified voters of the City of Pleasanton at a Special Election to be held for that purpose; to direct staff to take appropriate steps to entitle for residential development the portion of the property that is east of the Union Pacific Railroad tracks and south of Junipero Drive, the so called "eastern parcel"; to direct staff to take appropriate steps to entitle for commercial development a portion of the "central parcel"; to continue the process to explore the potential uses of the property that Pleasanton would purchase; and to take additional public input on this subject matter on December 7, 1999 at which time a final decision would be made as to whether to place this bond measure on the March 2000 ballot and what the final ballot language would be. The roll call vote was as follows: AYES: Councilmembers- Ayala, Dennis, Michelotti, Pico, and Mayor Tarver NOES: None ABSENT: None ABSTAIN: None 7. MATTERS INITIATED BY COUNCIL There were no matters initiated. 8. COUNCIL CALENDAR 9. CLOSED SESSION The closed session was held earlier in the meeting. 10. ADJOURNMENT There being no further business, the meeting was adjoumed at 10:00 p.m. to meet again in regular session on Tuesday, December 7, 1999, at 7:00 p.m., in the City Council Chambers. Peggy L. Ezidro, City Clerk Pleasanton City Council 11 12/02/99 Minutes