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Due to the stage of the project review process, not all information expected to be available at PUD approval is complete. As a result, specific information related to environmental impacts, traffic reports, and detailed plan drawings will not be available for the workshop. However, many of these matters have progressed to the point where they can be discussed in general terms. As an example, while the master site plan identifies areas requiring trail development, in some cases the specific trail location have not yet been finalized. Likewise, while landscaped areas are identified, plans may not yet include specific types of plant material. Nevertheless, the project has developed to the point that the Council, Planning Commission and public can get a good understanding of its scope and design. STAFF RECOMMENDATION Provide feedback regarding: . The master site plan and individual developer proposals to assist with the final stages of plan development . The development review process and schedule . The proposed acquisition of the five acre neighborhood park/detention basin FINANCIAL STATEMENT Due to the scope of the proposed development, the City has entered into an agreement with Mundie & Associates to complete a fiscal impact study that will provide information on project revenue and City expenditures related to this project. The study will be made available in February 2008. BACKGROUND In October of 1989 the City Council adopted the Stoneridge Drive Specific Plan (SDSP), a specific land use plan for 293 acres located east of the Pleasanton Meadows subdivision and bordered by Trenery Drive on the south, I-580 on the north, and EI Charro Road to the east. The City's 1986 General Plan called for the development of a Specific Plan for the area and designated the area with a mix of low, medium, and high density residential land uses, and commercial, parks, and school uses. The land use designations were intended to be conceptual, with final land uses and densities determined by the SDSP. The SDSP was developed with the cooperation of the major property owners within the Specific Plan area and with significant citizen input. Land uses were determined for each site, and sites were selected for neighborhood parks, an active use community park, and an elementary school. Development of the Specific Plan area requires significant public improvements, including the ultimate extension of Stoneridge Drive to EI Charro Road and construction of a bridge over the Arroyo Mocho. Improvements occur as development occurs and are funded and installed by project developers. Since 1989, all of the SDSP area has been constructed, with the exception of 124 acres of the Staples Ranch property. Currently the site is designated for service commercial and light industrial uses, retail and service commercial uses, and a 17.2 acre community park. Page 2 of 16