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1) and no more than one hundred units from the year following (Y 2). At no time shall the allocation pool be permitted to exceed one thousand units in a year or one thousand five hundred units in three consecutive years as established by the general plan. Allotments may not be borrowed from future years for the secondary allocation pool. Allocations secured by previously approved development agreements between the city and applicant shall not be counted as allocations borrowed from future years. Said allocations secured by a development agreement shall be counted as part of the total number of allocations annually awarded. 2. It may choose to grant allocations only for a specified percentage of the project units requested. This percentage will apply to projects intending to develop in the calendar year in question and shall be set by the city council based on a project's ability to satisfy the city's development objectives. Percentages, therefore, may vary from project to project, but shall be set so all eligible projects may proceed within the established number of allocations. Units not receiving allocations as a result of the council's decision are not automatically approved for the next year, but must be re- applied for through the notice of intent to develop process and considered in light of that year's available allocations and development objectives. C. The city council may annually borrow from future years allotment capacity a minimum of forty -five units per year to accommodate projects on parcels of less than five acres (unless otherwise exempted as senior or lower income housing). These forty five units shall be added to the annual allocation pool set by the city council. The number of units borrowed for projects of this type may be annually adjusted higher by the city council based on information provided by the department of community development. D. Should allocation requests fall short of available annual allocations, the city council may determine that a supplementary allocation can be made. In making that determination, the council shall direct staff to send out notice of intent to develop forms immediately, to be returned by prospective developers by May 15th. The supplementary allocation will be made by May 31st or the earliest available council meeting. E. The city council shall grant allocations and reservations by resolution. F. Any portion of the annual allocation pool left unallocated (i.e., allocations not granted to specific projects through either the primary allocations process or the supplementary allocation process) shall not be carried over and added to the total allocations available in the next succeeding calendar year, except that such allocations may be added to future secondary allocation pools for special projects. G. Should any project with allotments fail to either have its application deemed complete or achieve the necessary approvals within the time frames set forth in Sections 17.26.070(F) and (G), those allotments shall be forfeited and may be returned to the pool of available allotments for the next allocation period or to the secondary allocation pool. H. Allotments borrowed to accommodate projects of five acres or less but left unallocated may be returned to the pool of available allotments for the next allocation period or to the secondary allocation pool. I. The city council, when establishing the annual allocation pool, as described under Section 17.26.060, A, of this chapter, may establish an annual allocation pool of less than five hundred for any given year based on findings of fact demonstrating a