-- Petition Overview --

• The purpose of this Petition is to support Cupertino City Council's decision on Vallco Specific Plan, calling Cupertino residents to work collaboratively in designing a beneficial Civic Center at Vallco. Cupertino needs to come together for the sake of our next generations to come, not to fall into costly referendum and lawsuit, which will deplete city resources and waste tax payers' money. We need to work collaboratively to build a Vallco that Cupertino can be proud of.
• Keep Cupertino FREE of Referendum & FREE of Lawsuit!
• We are calling for NO referendum, NO lawsuit!
• Please forward this Petition to your family and friends who are Cupertino residents. You can help spread the invitation to grassroots residents who desire to move Cupertino forward with collaborative and neighborhood spirits, not referendum or lawsuit. We need to show in numbers to voice our desire for collaboration and unity - let's make our appearance in front of multiple media reporters in great numbers, to show the world that Cupertino residents want a Cupertino that is FREE of Referendum and FREE of Lawsuits!
• We need you to voice your support for a no referendum and no lawsuit Cupertino! Your presence is important! Cupertino needs your support now in order to be Referendum and Lawsuit Free! Please show your support.

 

-- Vallco Town Center Highlights --

Source: Cupertino Matters | Date: 9/26/2018

Two plans approved for development

• Tier 2 Specific Plan Agreement approved by council on Sept. 19

• Community benefits
• Can be challenged by referendum

• SB 35 Plan ministerial approval on Sept. 21

• No community benefits
• Cannot be challenged by referendum per state law

Major differences

• Housing for all – both plans contain market rate and subsidized Below Market Rate (BMR Housing)

• Tier 2 Specific Plan features more housing overall than SB 35
• Tier 2 Specific Plan boasts more housing variety: affordable units for Moderate Income (i.e. teachers, public employees), and Extremely Low Income for the disabled; senior housing
• SB35 has more BMR housing overall, but teachers and public sector employees would generally not qualify at the included income levels 

• Tier 2 Specific Plan is about 8-10 stories shorter (at 150 ft. max building height) vs. SB 35 (at 240 ft.)

• Tier 2 Specific Plan includes 11.5 acres of parkland with at least 6 acres at ground level vs. SB 35 rooftop park (“green roof”) of 30 acres plus approximately 4 acres at ground level

• Tier 2 Specific Plan allows less office space

• Retail/Entertainment/Civic space approximately the same square footage in both plans

• Tier 2 Specific Plan features Community Benefits NOT included in SB 35

• Cupertino Union School District (CUSD) - $14.25 million onetime payment in addition to mandated SB 50 school impact fees
• Fremont Union High School District (FUHSD) - 25,000 sq. ft. “warm shell” for Adult and Teen Education at Vallco over and above SB 50 school impact fees
• City hall/emergency response center/community meeting space - new 40,000 sq. ft. “warm shell” in existing civic center location to provide state-of-the-art emergency response
• Performing arts center 60,000 sq. ft. “warm shell” 600 seat main, 200 seat second, theatres o Contributions for new Serra Trail and improvement of 280/Wolfe interchange - $11 million
• Community shuttle - $1 million first year, plus $750,000 annually for 9 years
• Transportation demand management (TDM) programs to reduce single-occupancy vehicle trips by a target of 34%; a mobility/transit hub

• SB 35 plan must be built precisely to specification; the Tier 2 Specific Plan affords more flexibility

• Both the Tier 2 Specific Plan and the SB 35 plan are financially feasible at present. However, costs run at approximately $700,000 per day or $21 million per month of delay in starting construction.

• If there is a lawsuit or referendum challenge which causes a delay, the following penalties apply:

• Reduced funds to CUSD from $14.25 million to $9.5 million - loss of $4.75 in unrestricted funds 
• Reduced funds for new Serra Trail, Wolfe/280 improvements from $11 million to $5.5 million 
• Reduced contributions for community shuttle from 9 years to 4 years – loss of $3.75 million