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A copy of the City's Audited General Purpose Financial <br />Statements for the fiscal year ended June 30, 1986 is attached <br />as Appendix A to this Official Statement. Audited financial <br />statements for prior years are available upon request from the <br />Finance Department of the City. <br /> <br /> CITY OF PLEASANTON <br /> <br />General <br /> <br /> The City of Pleasanton is located in south central Alameda <br />County (the "County"), approximately 40 miles south-east of San <br />Francisco and 25 miles east of Oakland. The City covers <br />approximately 14 square miles in an area known as the Amador <br />Valley. Interstate Highway 580 forms the northern boundary of <br />the City. Interstate 680 traverses the western portion of the <br />City. <br /> <br /> The City was incorporated June 18, 1894 and is a general <br />law city with a council-manager form of government. A <br />five-member City Council appoints a City Manager who <br />administers daily affairs under the policy guidance of the <br />Council. <br /> <br /> The City's elevation is approximately 335 feet above sea <br />level. The mean temperatures for January and July are 47.6 <br />degrees Fahrenheit and 70.6 degrees Fahrenheit, respectively. <br />Rainfall averages 17.35 inches per year. <br /> <br /> The City is primarily a residential, commercial and <br />research center with some manufacturing. Considerable <br />commercial, office and retail development is planned for the <br />area over the next several years. <br /> <br />Population <br /> <br /> The following table presents City, County and State <br />population data since 1940. The period of 1940 to 1980 was <br />marked by substantial population increases in both the City and <br />the County. Population growth has been less pronounced in the <br />City-since 1981. However, it is expected that the commercial <br />and industrial development which is planned for Pleasanton will <br />cause an influx of new residents to relocate to the area over <br />the next fifteen years. <br /> <br /> 38 <br /> <br /> <br />