CITY COUNCIL AGENDA PACKET - Laserfiche WebLink

Page 4 of 5 frequency: the two BART Stations are classified as “Tier 3” stations and the ACE Station as a “Tier 4” station. In addition to tiered density/intensity and parking standards, the policy offers, in several areas, a “menu” of strategies and programs that can be deployed to meet key objectives of the program, under the following four key areas or topics: • Minimum densities for new residential and commercial office development • Affordable housing production, preservation, protection, and anti-displacement and stabilization • Parking management • Station access and circulation. Attachment 2 provides an outline of the TOC policy, and an initial evaluation of compliance relative to existing standards and policies in place and implications for Pleasanton with respect to potential policy changes for the various stations. While the TOC Policy broadly contemplates that jurisdictions will ultimately comply with all policy requirements, in practical terms, compliance will be both evaluated and implemented progressively. As described in the memorandum, many of the City’s existing zoning, programs, and policies align with the TOC Policy, and/or are already subject to requirements of State law in alignment with the TOC Policy. However, there are other areas in which the City will need to evaluate and consider revisions to existing regulations, or the addition of policies or programs toward achieving better compliance. MTC-ABAG is currently developing its evaluation frameworks for “compliance” with the TOC Policy. Based on recent drafts, the compliance evaluation will provide some flexibility to local jurisdictions through a scoring framework that provides a scaled approach: while full compliance will not be a pre-requisite to receive any funding, more compliant and “fully compliant” jurisdictions will have access to more funding opportunities. There is a geographic component, in that for cities with multiple stations subject to the TOC Policy, compliance does not need to be “even” across all stations, but the scoring criteria will take into account compliance for each station, factored into an overall compliance score. The City’s initial compliance focus is expected to be on the east BART station, since this station is the location of the future Valley Link hub and the site of the BART site redevelopment; planned development densities, and supportive strategies with respect to density, parking and station access have a high degree of correlation to the TOC Policy Framework. And, as plans for the Stoneridge Shopping Center progress, staff anticipates there will be a similar degree of correspondence between the vision for the mall to evolve to a relatively high density, mixed use center that is well-connected to transit and the TOC policy. Whereas, within the Downtown (much of which lies within a half-mile of the ACE Station), there is much greater sensitivity around the “fit” and character of new development, parking and other issues, and so seeking full TOC Policy compliance is likely to be a lesser focus. The practical effect is that future OBAG 4 grants and investments, including Local Streets and Road Maintenance, Bicycle and Pedestrian Improvements, Safe Routes to School Projects, and Transportation Planning projects, will, as in past cycles, target transit-oriented and Priority Development Areas and support focused growth at the stations prioritized for transit-oriented development. Page 144 of 682