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Commissioner O'Connor replied that he thinks that in order to create the value, it needs to be at 65 percent; otherwise, it may not be financially feasibility. Mr. Dolan stated that the only down side of including this at all is that it adds a little more to track and it is going to be a little more expensive and will add some cost to the EIR, which would be the property owner's burden. He indicated that staff is not opposed to including it and was something that was brought up at the Task Force. He explained that there used to be different Plans with equidistant steps, but one was taken out, and the Task Force members were ultimately fine with it because he convinced them that this number could be moved wherever they wanted as long as they have the high end covered, and they were satisfied with that. He acknowledged, even then, that it is more convenient to have the steps and so he is not opposed to putting it back in. Chair Pearce inquired if it is more convenient and more efficient because it is already in the EIR. Mr. Dolan replied that if it turns out that this is what is approved, land the numbers do not need to be manipulated; but that is only in that one circumstance. Chair Pearce agreed with Mr. Dolan. Commissioner Allen agreed on the 65/35. Commissioner O'Connor asked if that is all staff needs from the Commission. Mr. Dolan replied that it would be great if the Commission supports its selection of the Preferred Plan, and it can be called whatever the Commission wants, and add the 1,430 Plan, and that would be one outcome that would be fine with staff. Commissioner Allen stated that that was a great suggestion and she supports adding the other Plan. She indicated that she would like to propose, if there is support for this, that the Preferred Plan be reduced slightly. She stated that at the last Task Force meeting, and it is actually in the financial report here too, the Option 5C, 1,759 units, was a 50/50 mix, and everyone at the table was happy with that in terms of economic feasibility, including the developer. She noted that at the Task Force meeting, everyone agreed to shift the mix to 65/35 because that made more sense, more developer profit, and a better balance for the community so it was a win -win. She added that it did shift the developer economics to make that project that was previously feasible even more feasible, maybe by five or ten percent. She indicated that what she would like to propose is that the Preferred Plan which right now is carrying 1,759 units, be reduced to exactly the same profitability and feasibility margin it had when it was at 50/50 which everyone was happy with. She stated that she does not know what that lower number is but is guessing that it could be 50 or 100 units, and get it to that level that nets that feasibility test that everybody was happy with. She noted that she had heard from a PLANNING COMMISSION MINUTES, September 25, 2013 Page 42 of 45