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THE CITY OF 11 °1 ° •S CITY COUNCIL AGENDA REPORT pL£ASANTONe October 15, 2013 Community Development Planning Division TITLE: P13-1858, CITY OF PLEASANTON — SELECTION OF A PREFERRED PLAN AND PLAN OPTIONS FOR PREPARATION OF A DRAFT SPECIFIC PLAN AND ENVIRONMENTAL IMPACT REPORT FOR EAST PLEASANTON SUMMARY The East Pleasanton Specific Plan Task Force has been working since August 2012 to develop a land use and circulation plan for the East Pleasanton Specific Plan area. At its September meeting, the Task Force recommended a "Preferred Plan" and several alternatives that would be the subject of analysis in an Environmental Impact Report. The City Council is being asked to consider the "Preferred Plan" and alternatives, amend them as appropriate, and authorize the preparation of a Draft Specific Plan and Environmental Impact Report. The selection of the "Preferred Plan" for these purposes is not a commitment to adopting this specific plan; it is anticipated that the "Preferred Plan" will evolve and change prior to adoption of the East Pleasanton Specific Plan in 2014. PLANNING COMMISSION RECOMMENDATION The Planning Commission considered the "Preferred Plan" and alternatives at its meeting on September 25, 2013. At that time, the Commission recommended the "Preferred Plan" to the City Council and added an additional alternative plan, consisting of 1,430 units, to be analyzed in the EIR. The Commission also agreed it would give strong consideration to a Preferred Plan if subsequent analysis indicates that a reduced plan is financially feasible. (5-0 with Olson absent). RECOMMENDATION Hear public input and make changes as appropriate to the "Preferred Plan" and plan alternatives; authorize the preparation of an Environmental Impact Report and Draft Specific Plan based on the "Preferred Plan" and alternatives. FINANCIAL STATEMENT The cost of Specific Plan and Environmental Impact Report preparation is being paid by the major private landowners in the East Pleasanton Specific Plan Area. The preparation of the Environmental Impact Report (EIR) and Draft Specific Plan is part of the planning scope previously approved by the City Council. However, the project scope currently includes analysis of one plan alternative, as well as a "no project" and "no build/no project" alternative. In addition, both the Task Force and the Planning Commission has requested more detailed economic feasibility work that is not part of the current scope of work. If the City Council wishes to include six rather than one plan alternative in the EIR, and/or additional feasibility work, an amendment to the project budget to cover this extra analysis will be needed.