PC 06/24/1998 - Laserfiche WebLink

_ the fund would be used exclusively for acquiring, developing, and maintaining pazking facilities in this specific azea of benefit. Staff recommended that the azea of benefit on the east side of Main Street be extended to First Street as has been done in other cases. With respect to parking, Mr. Iserson stated that the number of parking spaces is based on the requirement of one pazking space for every three seats for the restaurant azea on the first-floor, and one parking space for every 300 squaze feet for the proposed retail and office space. The 56 restaurant seats and 617 squaze feet on the first floor would, therefore, require 21 parking spaces, and the 3,175 square feet on the second floor would require 11 pazking spaces, for a total of 32 parking spaces. The applicant is providing 20 spaces on site, resulting in a short-fall of 12 parking spaces which will be addressed in the in-lieu pazking agreement. Mr. Iserson added that the applicant would need to clarify the use of an azea in one of the turrets which shows a stairway but which the applicant has recently indicated he plans to use as a storage area. He also mentioned that staff had received a telephone call from Mr. Kim, owner of Pleasanton Liquor and Deli, adjacent business at 728 Main Street, indicating that while he is not opposed to the project, he wants to ensure that there is sufficient pazking available. In conclusion, Mr. Iserson stated that design review projects aze subject to Planning Commission approval and in-lieu parking agreements to City Council approval. However, since both matters are closely interrelated in this case and the applicant needs both approvals to conclude construction on the project, both issues aze being presented to the Planning Commission for recommendation to the City Council. He added that staff recommends that the Commission recommend to the Council approval of the design review and the in-lieu pazking fee as conditioned in Exhibit B of the staff report. Commissioner Roberts asked when the public pazking lot will be constructed in the azea. Mr. Iserson replied that the City does not have a specific timetable at this time to implement its construction. He added that Commissioner Dove is currently working with the Pleasanton Downtown Association on the matter. Chair Cooper inquired if the applicant would be exempt from paying the in-lieu fee if the public pazking facility were built outside the area of benefit. Mr. Iserson said yes. He explained that there is a pazking shortage in that end of the Downtown and that the City would like to extend the azea of benefit east to First Street to take advantage of a chance to build a pazking lot on First Street. Chair Cooper further asked if deferred payment is the standard procedure followed by other businesses. Mr. Iserson said yes. He added that the calculation of in-lieu fees is based on the value of the property at the time the fee is collected. If property values continue to escalate, deferred fees would be higher upon payment; in the same way, fees collected by the City at this time would incur interest once invested. Chair Cooper commented that there would be an exposure for the applicant in the sense that he would know how much the fee would be if it were paid up-front as opposed to not knowing the exact amount in the future. Commissioner Maas inquired if any consideration was given to the actual availability of daytime pazking spaces on Main Street when the computation of this project's pazking requirement was done. Planning Commission Minutes Page 3 June 24, 1998