04 ATTACHMENT 10 - Laserfiche WebLink

Page The eastern most terminus of Stoneridge Drive today does not end in a curbed, landscaped cul- de -sac. The roadwa end has only a blighted temporary barrier with reflective signage to prevent access and accidents (Exhibit 8 ). In the interest of general clarity, and fairness especially to those adversely impacted until Stoneridge Drive is connected to El Charro Road, we recommend that future references to the extension of Stoneridge Drive be changed to read the completion of Stoneridge Drive, thereby more accurately reflecting the community's long held intent to finish this important arterial route. More recently, the MOU between the City of Pleasanton and Alameda County that has guided the specific Staples Ranch property planning process is now nearly three years ofd. Assumptions and circumstances upon which it was crafted have clanged considerably, particularly with regard to unprecedented levels of economic uncertainty, job losses, and public debt across the Bay Area, California, and beyond. The times dictate a new approach. Sub ortin detail: 1. Alameda County, a party to the original MOU, has offered to pay for the completion of Stoneridge Drive, but only if it's done sooner (with the Staples project) rather than later. At an estimated cost of $5 million, along with the County's pledge to commit are additional 1 million n to the City of Pleasanton for off -site traffic mitigations, Pleasanton taxpayers will save are estimated million As per Attachment 15 in the Staff Report; a letter dated October 10, 2008 from Supervisor Scott Haggerty to Mayor H osterm an). 2. The Maples Ranch property is presently in unincorporated Alameda County, and it's annexation to Pleasanton must be approved by Alameda County's Local Agency Formation Commission (LAFCo). Absent F o's approval to annex the property to Pleasanton, future development of Staples Ranch could take place outside Pleasant n's control and jurisdiction, thereby costing Pleasanton substantial future sales and property tax revenue from a new auto mall, freeway oriented retail, new housing and an Ice skating facility. Such revenues are essential to providing the high quality of public safety, social and recreational services Pleasanton residents value. Correspondence of July 18, 2008 from LAFCo to City Planner Robin Giffin regarding the DEIR document (Attachment 16 of the Staff Report) raises concerns about the absence of the Stoneridge Drive extension at the time of development. Including the completion of Stoneridge Drive in the Final EIR would appear to resolve f +Cc's concerns about the possible need for additional study, and enhance the likelihood of a timely LAFCo vote In favor of Pleasanton I s request to annex the Staples Ranch property.