RES 00111A - Laserfiche WebLink

assuming that the Ciry of Pleasanton eventually adopted a specific plan, Alameda County would negotiate a good faith agreement for tax sharing preliminary to .. annexation of the property to the Ciry of Pleasanton. San Francisco revised its application with the County to reflect the Cooperative Plan agreement, and Alameda County processed and took action on the project in August of 1996, adopting the revised Specific Plan (or Cooperative Plan), including certification of the Final EIR, and approval of a development agreement and Provisions of Reclassification (PD zoning conditions). At the same time, SFWD filed an application for approval of a specific plan, following the Cooperative Plan tenets, with the City of Pleasanton. Pleasanton's Preferred Plan Pleasanton began its project review by holding a series of public workshops. In order to better explore the opportunities presented by development of this last large area of the~i'in, Pleasanton commissioned preparation of a series of alternatives that were to retain the land uses and development plan contained in the Cooperative Plan, while incorporating "neo- traditional" land use themes and accommodating other City-desired changes. These alternatives were further refined through a series of workshops, culminating in a single "Preferred Plan." A revised and updated EIR reflecting the "Preferred Plan" was completed and circulated for review. This EIR was cettified in February 2000. The "Preferred Plan" was reviewed by City reviewing bodies in a series of public hearings. As a result of these hearings, the "Preferred Plan" was set aside in November 1999 in order to allow a Ciry initiative [o purchase the majority of the site. Measure I Plan Pleasanton sought to acquire about 427 acres of the -;,.:..:. ~ , : ' - - SI ~~~. U property by (1) entitling 72 acres for residential and commercial/office development which=n.a -_-' . _._ .. :..,;,.SIN'll would sell (for at least $50 million), and (2) selling general obligation bonds [o raise $50 million to cover the balance of~,. -~.-':.-,.~: ~~, ,'s sales price of about $100 million. This plan specified the intensities of the entitled lands as well as the infrastructure required to support it. These were spelled out in the "Terms of Agreement" which was to govern the various land sales transactions. Pleasanton established the San Francisco Bernal Property Task Force to review potential uses for the 427 acres [o be acquired by the City. The Task Force completed a "Final I-9