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Item 6b(1,2,3) Approval of the Draft Ground Lease~ Predevelopment Loan Agreement~ Promissory Note and the Project Financial Structure for the Proposed Assisted Livin~ Faeili~. bein~ developed by Bridge Housing Corporation and Lytton Gardens Senior Communities. (SR 03:127) Item 6b(4 and 5) Application for Planned Unit Development (PUD) rezoning from the Agricultural District to the PUD-HDR (Planned Unit Development-High Density. Residential) District and PUD development plan approval to construct a two-story. ~ 59,581-sq. ft., 105-unit assisted living facility on an approximately 3.59-acre parcel located at 100 Junipero Street. (SR 03:030) Also consider the negative declaration prepared for this project. Steven Bocian presented the staff report on the financing of the project. Brian Swift presented the staff report regarding the design of the project. Mr. Campbell referred to incidents of elder abuse and asked about the reputation of management of this project. Mr. Bocian said Bridge has an excellent reputation in the housing field and currently operates the majority of the properties it owns. The operator of the proposed project will be Lytton Gardens. It is one of the leaders in the concept of continual care. In their development there are independent living and assisted living residents within the same project. A number of proposals were submitted in response to the Request For Proposal and staff and the Assisted Living Committee spent a number of hours looking at each proposal. Everyone was convinced Lytton is tops in the field. The ground lease requires the project to be operated in an appropriate manner. It must be well maintained and meet all the state and federal requirements for a facility of this type. If there was any problem, the City has the right to step in and work with the management on any issue. He believed there were enough controls to believe there will be no issues. If property management changes in the future, the City has the right to approve. Ms. Hosterman asked if the Assisted Living Committee requested background information on Bridge and Lytton, such as state licensing and certification reviews for the last two or three years? Mr. Bocian said significant information was requested from the development regarding complaint logs, resolution of issues, etc. They investigated current licensing as well. Ms. Hosterman felt the success of the project hinged on a good management team. She asked for clarification that payments of $249,000 a year would begin in year seven? Mr. Bocian said the payments could begin in the first year, but in a worst case scenario, they would begin in year six. Pleasanton City Council 18 Minutes 05/06/03