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MaY 18, 2001 <br /> <br />ASSOCIATES <br /> <br />Mr. Brian Swift <br />Phuming & Community Development <br />Cityof Plcesanton <br />200 Old Bemal <br />Pleasanton, CA 94ff88 <br /> <br /> I~A¥ 2 1 200! <br />CITY OF PLEASANTON <br />PI-a'NNING DEPT. <br /> <br />Re: 5075 Hopyard Drive, Plensenton, CA <br /> <br />The purpose of this letter is to share our thoughts and findings related to the City <br />Councit*s re~t dismssion about out-propmlT and its use for affordable housing. <br /> <br />First we wish to make it clear that we are not pleased with this delay especially at such a <br />late sta~e in ~ur approval procem. For nearly a ~ now, we have worked with the City <br />of P~assnton on the approval of our project, and we have dillgehtly addressed a.varicty <br />of nmv issues that have continually "cropped up". Never dining this time, however, has <br />thc issue of housing been raised or even mentioned. <br /> <br />Noneth~ess, we do understand and 'reco~nise the dynamic changes associated with the <br />public process, and as such we welcome the opportunity to state the facts and our opinion <br />on this latest issue. <br /> <br />After considering all of the information and facts about the site, we have concluded that <br />housingdoes not work as a result of throe serious obstacles: 1) the site's location and <br />physical attributes do not work for residential use; 2) market rate housing on the site is <br />not economically feasible, and affordable housing is not economically sensible; and 3) <br />the Hacienda Business Park Owners Association strongly opposes housing on our site. <br /> <br />Following is a brief summary of the information supporting the above statements. After <br />this summary, we do prov.idc a more detailed discussion of each of thesc areas. <br /> <br />Summmry <br /> <br />· Lacks an existing residential character or environment; surrounded for blocks by <br /> commercial uses, <br /> <br />* A suitable residential environment cannot be created; site too small at 2.7 acres <br /> and encumbered by restrictive easements and setback requirements. <br /> <br />5&40 Wc~t I-.t~ P,~it:~ B~lcx~tr, I .'AUto 51 Ph.~mton. CA 945884552 925/2.27-0707 FAX 925i227-,'277 <br /> <br /> <br />