The Pleasanton City Council will be reviewing a staff presentation on the city’s proposed plan to authorize and approve a bond sale for as much as $19 million to finance a portion of planned water infrastructure upgrades during Tuesday’s meeting.
According to the March 5 staff report, staff will be presenting a debt financing overview and a resolution for the council to approve, which will declare the city’s intent to “reimburse expenditures relating to capital improvement projects from the proceeds of tax-exempt obligations.”
“The city is beginning to undertake various capital improvement projects for the water system, sometimes called the ‘near-term water improvement projects,’” the staff report states. “These improvements are necessary to improve water system capacity and increase reliability. They also will ultimately support the city’s future well/groundwater project.”
According to the report, staff is planning on coming back to the council on May 7 for final approval of the bond sale. As planned, if the council approves the bond sale in May then the city would sell the bonds in the third week of that month and close the bonds — which means that the money would be available in the project fund — by the first week of June.
The City Council meeting is scheduled to begin at 7 p.m. Tuesday (March 5). The full agenda can be accessed here.
In other business:
* The council will be reviewing the city’s 2023-24 Pavement Management Program (PMP) Report, which includes updated information on the condition of the city’s pavements and the increased backlog of work needed to be done since the last report was presented in 2021.
“The 2023 PMP report lowered the road network’s average by two points to a Pavement Condition Index (PCI) of 77 and increased the backlog of work from the 2021 PMP report’s by $10 million, from $22 million to $32 million, which is an unexpected decrease in the street network’s health,” according to the staff report.
The PMP report also states that with the city spending an average of $4 million — plus $750,000 in concrete costs — on street related projects, it will result in a “continued decrease in pavement conditions over time.”
“Increased construction costs, constrained funding, changes in regulations, and implementation of pedestrian improvements within the road network are having significant impacts on keeping up with the recommended maintenance,” according to the staff report.
If the city’s Pavement Condition Index rating continues to decrease, it would lead to an exponential increase in the long-term cost of maintaining the city’s street network, according to staff.
* Staff will be introducing an ordinance to the council which aims to amend a chapter in the city’s municipal code regarding tree preservation. Staff will also present an update on the public outreach efforts the city conducted for the Urban Forest Master Plan.
* As part of the consent calendar, which are items that are typically approved by a single vote, the council will be looking at adopting three ordinances regarding three of the city’s commissions and committees.
One will modify the membership and the term lengths for the Youth Commission; another will look to replace the Committee on Energy and the Environment with a newly created Energy and Environment Commission; and the last one will modify the duties of the Planning Commission, which in doing so will lead to the city disbanding the Housing Commission.
* On the consent calendar, the City Council will be looking at adopting a resolution that declares weeds, dirt, rubbish and refuse upon or in front of certain described properties in the city as public nuisances so that those items could then be removed.
A public hearing for the abatement of these items would also be set for April 16 — staff will start notifying property owners of the resolution following adoption and if those items are not removed by May 31, then those properties will be “targeted for enforcement by the city’s contractor.”
* Staff will be recommending approval to proceed with an option for the Lions Wayside Park bandstand, as part of the consent calendar.
According to the staff report, out of the three options that staff have identified, the one option that is recommended for approval will meet “all the performance recommendations and still has the preferred traditional bandstand aesthetic.”
