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1. The project is inconsistent with the General Plan. The Subdivision Map Act provides <br /> that the City shall deny approval of a tentative map if it finds the proposed project is not <br /> consistent with the General Plan. This project is inconsistent with the General Plan in <br /> the following respects: it is contrary to Goals 5 and 6 of the Housing Element (and the <br /> policies and programs thereunder) in that it does not encourage, nor result in, the <br /> retention of a sufficient number of moderate, low or very low income housing units for <br /> Pleasanton seniors. Currently, the rents at the Park are between $500 and $950, rents <br /> which are deemed affordable for moderate, low or very low income households. The <br /> owner of the Park has not indicated what the price of the lots will be once lots begin to <br /> sell nor has the owner of the Park indicated what the rents for the spaces will be for those <br /> residents who do not qualify as lower income households. Accordingly with this <br /> conversion, the City will lose a number of affordable rental housing units (for those <br /> seniors who now pay "affordable rents" but who, due to their incomes, would not after <br /> conversion) and, because the owner has failed to provide any information about what the <br /> lots might sell for, there is no evidence in the record that households of moderate, low or <br /> very low income will be able to purchase the lots. <br /> 2. The application is premature. The park Owner has stated in writing that he does not <br /> intend to begin selling any of the lots for ten years. For residential projects, the City's <br /> policy is that the recorded document that creates lots of record must be created within a <br /> relatively short period of time from the time the Council considers the project. By the <br /> lengthy passage of time, conditions within the City may change such that an approval in <br /> 2009 might not be granted for the same project 10 years later. It is unfair to the <br /> community and unwise for an approval to be granted so many years prior to when the <br /> project would actually be undertaken. <br /> 3. The proposed conversion is not a bona fide resident conversion. State law is ambiguous <br /> about what weight the Council may give to the support or opposition of the residents as <br /> to a conversion that has been initiated by the property owner. Although Section 66427.5 <br /> itself does not use the term "bona fide resident conversion the legislative findings that <br /> were made when that Section was last amended provide that the Legislature's intent was <br /> to ensure that all conversions under this Section were "bona fide resident conversions." <br /> Here, nearly 90% of the residents oppose the conversion. A conversion that has the <br /> support of such few residents cannot reasonably be understood to mean a "bona fide <br /> resident conversion." <br /> (aj:mydocs /mhdrea dny vst map app -vvmh) <br /> EXHIBIT P <br />