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2. Make the PUD findings for the proposed development plan as listed in the March 23, 2016 Planning Commission staff report (pages 12 through 14 in Attachment 6); 3. Introduce a draft ordinance approving PUD -99, subject to the conditions of approval listed in Exhibit A of Attachment 1; 4. Adopt a resolution approving the Growth Management Agreement (Attachment 2); 5. Adopt a resolution approving the Affordable Housing Agreement for the project (Attachment 3); and 6. Introduce a draft ordinance approving the Development Agreement for the project (Attachment 4). 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. 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 February 1989, the City Council approved a PUD rezoning and development plan for the construction of 21 single - family homes on an approximately 12.3 -acre site located at 1851 Rose Avenue (PUD 88 -11). The PUD approval expired during the Great Recession. In 2005, approximately 3.28 acres of the original 12.3 -acre site were developed as part of the adjoining property to the east (Roselyn Estates). The remaining 9.02 acres are the subject of the current applications. SITE DESCRIPTION The project site is irregularly shaped and is bounded on the east by single - family homes (Roselyn Estates), on the south by the Alameda County Fairgrounds, and on the west and north by the Arroyo Del Valle. The project site is currently occupied by an existing residence and several accessory structures. The house and accessory buildings are located on the eastern portion of the site. The majority of the site is undeveloped and contains the remnants of an old walnut orchard. The site is generally flat except for the slope bank along the arroyo. Figure 1 shows the project site and surrounding land uses. Page 2 of 8