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An annual report detailing the accomplishments and goals of Livermore Downtown Inc. is set to come before City Council during its regular meeting on Monday.
The nonprofit organization typically receives about $90,000 in annual funding from the city for its mission of supporting downtown businesses and promoting economic growth, according to a staff report prepared by Livermore management analyst Theresa de la Vega.
The report covering LDI’s 2025-26 fiscal year is on the Livermore City Council agenda as a consent item, which are typically considered routine and passed with a single motion.
However, LDI Executive Director Kara Klotchman is set to present an update on the fiscal year.
Besides Klotchman’s presentation, the council meeting exclusively features consent items.
The hybrid meeting is scheduled to begin at 7 p.m. Monday (Sept. 28). The agenda is available here.
* The council is set to approve for Shea Aura a final tract map and execution of a subdivision improvement agreement.Â
The 164 for-sale condominium project is located at the southeast corner of the intersection Portola and Isabel avenues.
The council is also set to accept for the city real property offered for dedication in the tract map, while maintaining authority to accept additional offers in the future.
* Regarding Shea Aura, the council is poised to greenlight an affordable for-sale housing agreement that implements a previously approved in-lieu fee exchange for up to 16 moderate-income units. This is the maximum exchange authorized by council during its June 8 meeting.
Under the agreement, developer Shea Homes, Inc. would pay the city $158,818 per unit — a newly established value — with restrictions on half of the 16 units.
Given the in-lieus, Shea Homes, Inc. will offer 17 affordable units on-site, including nine median-income and eight moderate-income units.
“This meets the minimum 10% on-site requirement for Density Bonus eligibility,” according to a staff report prepared by Livermore management analyst Shelly Haynes.
At the time of project approval in July 2024, the inclusionary housing requirements obligated the project to have a total of 32.8 affordable units for median- and moderate-income households.
In-lieus would be deposited into the city’s affordable housing trust.
* The council is also set to approve for the 89-unit Shea Serenity residential development a second amendment to its affordable for-sale housing agreement to implement an in-lieu fee exchange for nine moderate-income units, the maximum units permitted by city council June 8.
Shea Serenity is located at the northeast corner of the intersection of Collier Canyon Road on Portola Avenue.
Given the in-lieu fees, developer Shea Homes, Inc. will provide nine on-site affordable units, including five median-income and four moderate-income units. The developer would meet state density bonus requirements, according to Haynes.
The project was initially approved in July 2022 for a total of 18 median- and moderate-income for-sale units.
The agreement sets the in-lieu fee at $158,818 per unit which would be deposited into the city’s affordable housing trust.
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