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allocation. This leaves approximately 525,000 square feet of unallocated development between both the Pre -1993 and Post 1993 properties. Going forward, with the cap held at 9,889,000 square feet, exempting the aforementioned housing sites will allow approximately 900,000 square feet of office to be distributed elsewhere in the park. If the approved residential projects on the sites are not constructed, the previous office allocation would remain as before on the sites. CHANGES TO FUTURE TRACKING OF DEVELOPMENT AGAINST THE CAP Continuing to track development in Hacienda with two separate property groups limits the flexibility of future development and involves a cumbersome system that makes development approvals difficult. Staff will work with the Hacienda Owners Association to develop a method of calculating a development's change to the remaining square footage regardless of the Pre /Post- 1993 property designation. This will allow for an easier and clearer discussion regarding the development's impact on the cap in the future. This recommendation will be brought back to the City Council at a later date. ENVIRONMENTAL ASSESSMENT In 2012, the City Council certified a Supplemental Environmental Impact Report (SEIR) and adopted the CEQA Findings and a Statement of Overriding Considerations for the Housing Element update and Climate Action Plan General Plan Amendment and Rezonings. This SEIR was a supplement to the Environmental Impact Report (EIR) prepared for the Pleasanton 2005 -2025 General Plan which was certified in July 2009. In the SEIR development potential for the seven sites discussed in this staff report was assumed to include both any approved or allocated commercial development as well as residential development assumed in the Housing Element project, in addition to the full build out of Hacienda. CEQA specifies that development projects, such as these sites, that are proposed pursuant to the requirements of an adopted SEIR that has been prepared and certified are exempt from additional environmental review provided: (1) there are no substantial changes to the project or to the circumstances under which the project is being undertaken that involve new significant environmental effects or that substantially increase the severity of previously identified effects; or (2) that no new information of substantial importance which was not known at the time the previous EIR was certified shows the project will have one or more significant effects not discussed in the EIR. The proposed PUD major modification would allow the exemption from the development cap of residential development on seven sites, thus increasing the amount of residential development allowed in Hacienda. The project analyzed in the SEIR included both residential and non - residential development on the seven Hacienda sites, and the impact analysis, mitigations, and Mitigation Monitoring and Reporting Program accounts for this development. Thus, staff recommends this project be reviewed without any additional CEQA review or process. PUBLIC COMMENT Staff received public comment from James Paxson and Martin Inderbitzen in a meeting held on August 14, 2013. Staff received the attached letter (Exhibit G) from James Paxson on August 22, 2013. Page 6 of 7