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• INITIATIVE MEASURE TO BE SUBMITTED DIRECTLY TO THE VOTERS The Pleasanton City Attorney has prepared the following title and summary of the chief purpose and points of the proposed Initiative Measure. TITLE AN INITIATIVE MEASURE AMENDING THE PLEASASNTON GENERAL PLAN TO ADD NEW POLICIES TO PROHIBIT PLACING HOUSING UNITS AND PROHIBIT GRADING ON PROPERTIES WITH SLOPES GREATER THAN 25% OR ON PROPERTIES WITHIN 100 VERTICAL FEET OF A RIDGELINE EXCEPT FOR HOUSING DEVELOPMENTS OF 10 OR FEWER HOUSING UNITS AND TO DEFINE "HOUSING UNIT" FOR PURPOSES OF DETERMINING THE GENERAL PLAN "HOUSING CAP" SUMMARY Every city in California is required to have a °General Plan? A General Plan is the city's basic, but most important, planning document. It provides a roadmap for all aspects of a community's development such as land use, traffic, housing and open space which are embodied in the various elements of the General Plan. All land use approvals must be consistent with the city's adopted General Plan. Each element in a General Plan sets forth broad goals and policy statements intended to provide guidance to citizens, decision makers and planners concerning long term plans for the physical development of land in the city and in its planning area. In the Land Use element of the City of Pleasanton's General Plan is a Goal °to achieve and maintain a complete and well rounded community of desirable neighborhoods, employment base, and a variety of community facilities.° Under tht Goal ar ntm�ber of policies intended to implement that Goal. Some of those policies concern Open Space. One of the Open Space policies concerns scenic hillside and ridge views. The "Preserve scenic hillside and ridge views of the Pleasanton, Main and SoutheastoHiHi ls Fridge,es This Initiative, if adopted by the voters, would amend the City's General Plan by adding a new policy concerning Open Space. As to properties with slopes greater than 25% or within 100 vertical feet of a ridgeiine, this new policy would prohibit the placement of housing units and prohibit grading to construct residential or commercial structures. Exempt from this housing developments of 10 or fewer units if the development policy are January 1, 2007, was a °legal parcel.° This new elopment occurs on property that as of January 1, 2007 shall not be subdivided to ��also provides a legal parcel*as of approve more than 10 housing units. EXHIBIT