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4. REVISIONS AND OMISSIONS TO THE AGENDA <br />- There were none. <br />5. MATTERS CONTINUED FOR DECISION <br />There were none. <br />6. PUBLIC HEARINGS <br />a. PUD-98-O5, Pacific Union Ventures. Inc. <br />Application for a Planned Unit Development rezoning and development plan approval for <br />the construction of a 26,240-square foot office/retail building located at 325 Ray Street. Zoning <br />for the property is R-1-6,500 (Single Family Residential, 6,500 square-foot lot minimum size) <br />District, Downtown Revitalization District, Core Area Overlay District. Also consider the <br />Negative Declaration prepared for the project. <br />Jerry Iserson, Principal Planner, referenced a staff report dated July 29, 1998 and highlighted key areas <br />including the Downtown Specific Plan Land Use Conformity, site plan and density, traffic circulation, <br />pazking, noise, landscaping ,and lighting. Further, he noted that the hours of operation of businesses, as <br />conditioned by staff, will be Monday through Friday, 8:00 a.m. to 7:00 p.m. <br />_ Mr. Iserson noted the concems of the neighbors including opposition to commercial development on the <br />property, increased traffic on Ray Street, impacts of retail uses, late-night businesses, deliveries ,pazking <br />lot noise, lighting and screening concerns, and design of building. <br />Further, he noted that staff believes that aPUD-Central Commercial Zoning District would be the most <br />appropriate zoning for this lot and that uses and performance standazds for tenants are appropriate. <br />Further, that staff finds the site plan to be functional, architectural style is appropriate for Downtown, the <br />building will be an attractive addition to Ray street, and that approval of this project would not have any <br />significant adverse effects on the environment. <br />PUBLIC HEARING WAS OPENED <br />Matt Tunney, Pacific Union Ventures, provided a presentation of the proposed development and stated <br />that the goal of the project is to provide a project that is an amenity to the City of Pleasanton. He noted <br />that the staff report was comprehensive and highlighted azeas of differences between staff and the <br />applicant including proposing 7,000 squaze feet of retail use versus 3,500, and the applicant pursuing <br />parking in-lieu credits or dedication of some of the pazking spaces to public use to increase <br />mazketability. Further, he noted a desire for increased hours of operation from 7:00 a.m. to 8:00 p.m., <br />and interest in financial institution use. <br />Discussion ensued relating to the 7,000-8,000 squaze feet occupation of the building, the effects on <br />parking due to recent recommendation to the City Council for requested changes in financial institution <br />parking ratio, and the dedication of pazking spaces for public use to gain allocation bonus for retail <br />space. <br />PLANNING COMMISSION MINUTES Page 2 July 29, 1998 <br />