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Current Zoning <br />Only the northern approximately 8 acres of the subject site is <br />currently within the city limits of the City of Pleasanton. The <br />remaining approximately 5 acres is in the process of being annexed <br />and that annexation should be complete within the next two months. <br />The northern portion of the site is zoned PUD -High Density <br />Residential while the southern section, which is currently in the <br />county, has been prezoned PUD -High Density Residential in <br />anticipation of the annexation. The entire property is shown on <br />the General Plan as "High Density Residential." <br />Mortgage Bond Program <br />The development of 262 apartment units on the subject property <br />would be a positive step in providing affordable housing in the <br />City of Pleasanton. The applicants intend to develop the project <br />under the State Mortgage Bond Program which means that at least <br />twenty -five percent of the units must be made available for those <br />of lower and moderate income. This would make at least 66 units <br />available to households who have been priced out of most of the <br />housing market in Pleasanton. The developers realize that because <br />of the City's growth management program and the population <br />benchmarks in the General Plan that additional residential <br />approvals may be limited in the future. They feel, however, that <br />they must submit development plans for approval in order to be in a <br />position to apply for whatever growth management permits are made <br />available. <br />Access <br />Access to the property would be via two driveways onto Bernal <br />Avenue and three driveways onto the 84 foot north /south street. <br />The driveways onto Bernal would be right turn in and out only since <br />there would be a raised median in both of these locations. The <br />plans do not show provision for a future driveway to Sunol <br />Boulevard as recommended by the Planning Commission under the <br />previous approvals. Two or three parking spaces could be removed <br />at the eastern end of the second driveway to the north in order to <br />provide such access. <br />Environmental Assessment <br />A negative declaration accompanies this report. Based on the <br />initial environmental study done for this project it is the opinion <br />of the staff and Planning Commission that case PUD -84 -21 would not <br />have any significant adverse effects on the environment. If your <br />Council concurs with this environmental assessment you must make <br />the finding that the negative declaration is appropriate for the <br />project. The finding must be made prior to taking action on the <br />project itself. <br />3 <br />