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- Parking: A total of 286 parking spaces are proposed on-site. A combination of 90 garages and 79 carports, provide for 169 covered spaces. The remaining 122 are uncovered surface stalls and, of the total parking spaces, 73 are compact (about 25%). Spaces on the neighboring site (ValleyCare Health Systems) as part of the Reciprocal Easement agreement (Exhibit G) account for 22 of the 122 uncovered stalls. There will be 24 stalls designated for guest parking. Bicycle parking is accommodated within the 90 private garages and 45 separate bike storage rooms, for a total of 135 spaces being provided. The bike storage rooms will be located on the ground floor in either wing of the "L"-shaped building. There are also a total of 168 bulk storage spaces (40+ cubic feet). The two "U"-shaped buildings contain 22 bulk storage spaces, and the remainder are located in storage closets on the private decks of the unit plans 1A, 1C, 2B, and 2C. - Transit: There is one existing Livermore Amador Valley Transit Authority (LAVTA) bus stop partially on the project site, along West Las Positias Boulevard, on the south eastern tip of the parcel. The stop contains a shelter and is not proposed to be altered. - Trail Connection: The project is proposing to provide two gates that will provide direct connection to the future trail along Tassajara Creek. Although this section of the creek trail system is not currently connected to the other segments of the trail system, it is planned that this section of the trail (south side of the creek) will be linked with the other existing and planned creek trails at some point in the future. - Tree Removal: According to the Tree Report prepared by Hort Science (Exhibit B.2), the project site contains 137 trees, of which 55 are considered heritage trees as defined by the Pleasanton Municipal Code. Seventy-eight trees are proposed for removal, of which eight are heritage trees. The preliminary landscape plan provides general information on the plantings for the open space areas and the development as a whole. The landscaping plan includes the planting of additional trees to offset the removal of mature vegetation and heritage trees consistent with the Tree Preservation Ordinance. AFFORDABLE HOUSING As approved by the Housing Commission at its May 2 meeting, a total of 35 (21% of total project units) will be rent restricted affordable units to households with incomes at or less than 50% or the Area Median Income (AMI). (Currently, this income limit is $40,150 annually for a three person household.) To provide this level of affordability, the developer anticipates the issuance of up to $40,000,000 in Mull:ifamily Housing Revenue Obligation bonds through the California Statewide Communities Development Authority (CSCDA). The developer has considerable experience wil:h this financing model and has already submitted a preliminary financing application to CSCDA. In addition to this financing, the City is agreeing to provide $500,000 in the form of a fee Page 5 of 14