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RESOLUTION NO. 08- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, ALAMEDA COUNTY, CALIFORNIA, ACCEPTING THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) NATIONAL CALL TO ACTION FOR AFFORDABLE HOUSING THROUGH REGULATORY REFORM WHEREAS, it is critically important for communities to continually address the need for affordable housing for its citizens and workforce, and WHEREAS, providing decent, attractive and affordable housing will help the economic vitality of the City of Pleasanton, and WHEREAS, housing experts agree that regulatory barriers can significantly add to the cost of housing or even prevent its construction, and WHEREAS, the United States Department of Housing and Urban Development created the America's Affordable Communities Initiative to help communities address the need for regulatory reform and to help reduce the costs of affordable housing, and WHEREAS, the Department of Housing and Urban Development encourages local communities to develop local solutions and programs to address regulatory barriers to affordable housing, WHEREAS, the Department of Housing and Urban Development, through the America's Affordable Communities Initiative, has created the National Call to Action for Affordable Housing Through Regulatory Reform (a copy of which is attached hereto as Exhibit "A"), and is hereby asking communities to make a pledge to form task forces to examine their own regulations and to become a participant in the National Call to Action, and, WHEREAS, the National Call to Action will create a network of participants around the country that can share progress, ideas, solutions and information with one another, and WHEREAS, the City of Pleasanton finds it to be in the public interest of serving its citizens to commit to the pledge and to become a participant in the National Call to Action, NOW THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: SECTION 1. The City of Pleasanton hereby accepts the United States Department of Housing and Urban Development's call to become and active participant in its National Call to Action for Affordable Housing Through Regulatory Reform. SECTION 2. The City of Pleasanton will further review of development, review processes, and regulations with the goal of reporting back to the City Council within one year from the date of this Resolution with recommendations for changes in the regulatory framework that will help produce more affordable housing for Pleasanton's workforce. Page 4 of 7