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too expensive or not diverse enough. He felt the market force will insure <br /> adequate housing in the future. He stated the vast majority of employees are <br /> technical, college educated higher-end employees, with only about 20% clerical <br /> and secretarial. <br /> <br /> Mr. Callahan stated that with regard to the flood improvements, they were <br /> designed to accommodate the downfall of the entire Valley area. <br /> <br /> Mr. Callahan addressed the Hopyard/I-580 problem. He stated he was disap- <br />pointed in the progress made in the construction and improvements. Callahan <br />Pentz posted a bond through the City of Pleasanton in 1982 for $22 million <br />guaranteeing local payment of 100% of the costs of the construction of both <br />the Hopyard and 1-580 interchange improvements and the widening of lanes east <br />and west on 1-580 between 1-680 and Santa Rita Road and also the completion of <br />the Stoneridge Drive and 1-680 improvements. Callahan Pentz has spent over a <br />million and half dollars in cash on engineering, environmental studies, traf- <br />fic studies, etc., in an effort to get these two projects off the ground and <br />under construction. Caltrans informed him in 1982 that construction would be <br />underway in late 1983 and completed in 1985. Instead it is now underway in <br />1985 with a design for completion in mid 1987. This is the first privately <br />designed and managed construction program for freeway interchange in the State <br />of California. He advised that anytime construction has to be undertaken amid <br />existing flow of traffic it is a much more difficult, time consuming process, <br />and inconvenience to the public. He added to he hoped to get it completed as <br />soon as possible. At Stoneridge and 1-680, Callahan Pentz is adding loops and <br />.off-ramps to an existing structure, which be done without even bothering the <br />flow of traffic. Also in the case of Hacienda and 1-580 that will be a brand <br />new construction project with no impacts on the community. It is unfortunate <br />that Hopyard and 1-580 has been the problem that it is; but it should be bet- <br />ter in the future. <br /> <br /> Councilmember Mercer asked what Hacienda Business Park is going to do to <br />provide recreational facilities. Mr. Callahan stated they are reviewing the <br />creation of a non-profit organization to investigate a variety of the uses of <br />public funds to finance some portion of the costs. Over the last two or three <br />years he has received a great deal of valuable information from the Recreation <br />Department as to likely projections. He stated that with Prudential they have <br />retained nationally known sports facilities consultants to obtain additional <br />information. He stated there is an apparent demand for something in the <br />neighborhood and four to five lit soft ball fields, two basketball courts, <br />half dozen hand ball/racket ball courts, jazzercize, weight rooms, indoor <br />swimming pool, and a couple of informal eating facilities. He stated they <br />have some rough plans. He stated the facility would also include a stress <br />center. He stated the estimated cost figures are $7-8 million. On top of <br />$3.2 million for the child care facility he did not feel they could afford to <br />contribute 100% of the costs right now for the recreation facility; that is <br />why they are trying to find a financing vehicle. As soon as he can determine <br />the most economical and feasible approach it is his intention to come to the <br />Council with a proposal to provide athletic facilities to serve the Hacienda <br />Business Park. <br /> <br /> Mayor Brandes stated he felt all developers in North Pleasanton should <br />participate in such a facility, not just Hacienda Business Park. He stated he <br />would feel confortable with such a condition. Mr. Callahan stated that is a <br />condition they have agreed to. <br /> <br /> 3-4-86 <br /> - 12 <br /> <br /> <br />