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Page 4 of 4 <br /> <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this action advances the ONE Pleasanton strategic plan goal of Building a <br />Community Where Everyone Belongs - Strategy 6 to implement the Housing Element, by <br />preserving and rehabilitating an existing affordable rental housing community. <br /> <br />FISCAL IMPACT <br />The approval and execution of the Amendment to the Ground Lease will have no direct fiscal <br />expense impact on the City. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Steve Hernandez, Housing <br />Division Program Manager <br />Ellen Clark, Director of Community and <br />Economic Development <br /> <br />Gerry Beaudin, City <br />Manager <br /> <br />Attachments: <br />1. Resolution re Promenade Ground Lease Amendment <br />2. HUD form of Regulatory Agreement - Promenade Ground Lease Amendment <br /> <br />Page 28 of 683