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3. Make the PUD findings for the proposed development plan as listed in the Planning Commission staff report, including the finding that the proposed Planned Unit Development (PUD) rezoning and development plan are consistent with the General Plan and the purposes of the PUD Ordinance, and introduce a draft ordinance approving the Planned Unit Development rezoning (P15-0249) and development plan (PUD-111) to: 1) rezone an approximately 4.23-acre portion of the 6.22-acre site from 'Planned Unit Development — Public & Institutional (PUD-P&I) District" to "Planned Unit Development — Medium Density Residential (PUD-MDR) District" and 2) construct 25 detached single-family homes and related site improvements, subject to the conditions of approval listed in Exhibit A of Attachment 1; 4. Adopt a resolution approving the proposed modifications to the existing church site plan (P15-0390) and Conditional Use Permit (P15-0250) to: 1) eliminate the existing church and its related uses and 2) retain the existing preschool/private school facility as a standalone use with a modified operation and site plan, subject to the Conditions of Approval in Exhibit A of Attachment 4; 5. Adopt a resolution approving the Affordable Housing Agreement for the project (Attachment 5); and 6. Adopt a resolution approving the Growth Management Agreement (Attachment 6). FINANCIAL STATEMENT The project would be expected to generate revenues to cover its costs of service. Increases in property tax would be used to provide services, such as police and fire services, to the occupants of the dwelling units and students. The applicant will be required to pay development impact fees (e.g., in-lieu park dedication fee, public facilities fee, traffic fees, water/sewer connection fees) that will be used to offset the cost of City facilities and infrastructure, necessitated by development. BACKGROUND In July 2002, City Council approved PUD-18 (Ordinance 1866), which comprised: 1) 193 single-family homes 2) a 172-unit senior apartment complex 3) a 23-acre public school option or Medium Density Residential senior housing site 4) a 2.5-acre private park 5) a 6-acre church site The Pleasanton Unified School District had a five-year option agreement with Ponderosa Homes to buy the approximately 23-acre public school/Medium Density Residential senior housing site in the development as a potential school facility. The School District chose not to exercise its option to purchase the property and Ponderosa Homes received PUD approval from the City in 2009 to develop the 23-acre portion of the site with 110 detached single-family homes for residents aged 55 and older. Page 2 of 12