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The adjustments recommend by the Planning Commission are displayed in Table 3 <br /> below. <br /> Table 3- Site Adjustments Re lecting Planning Commission Recommendation <br /> Site Site Name Buildable Density Range Unit Range Assumed VLIL M AM <br /> Number Acres (du/acre) Capacity <br /> 2 Stoneridge 18.00 50 65 900 1,170 900 620 0 280 <br /> Shopping Center <br /> 9 Metro 580 5.00 50 75 250 375 250 250 0 0 <br /> 12 .Pimlico North 3.06 30 1 40 64 85 64 64 0 0 <br /> 18 Valley Plaza 5.50 15 25 83 138 110 0 96 14 <br /> 25 PUSD District 10.68 8 13 85 139 112 0 0 112 <br /> 29 Oracle 3.00 50 75 150 225 150 150 0 0 <br /> If accepted by the City Council, these changes affect the over surplus in relation to <br /> RHNA as shown in Table 4 below. There remains a slight buffer (approximately eight <br /> percent) of the total assumed capacity above RHNA and a larger buffer (approximately <br /> 25 percent) of the total max capacity above RHNA (surplus of 1,508 units). <br /> Table 4- Adjusted RHNA Surplus <br /> aLo Mo rat °aM Ilk t Tota <br /> RHNA See Very 1,750 1,008 894 2,313 5,965 <br /> Low <br /> (/ <br /> Surplus (Shortfall) (See Very 1,592 ( ) l 301 0 149) kJ,U41) <br /> p Low/Low ' <br /> Rezone Sites (Net See Very 1,667 362 1,492 3,468 <br /> New) Low/Low <br /> Surplus With Rezone See Very <br /> Sites Low/Low 75 61 343 479 <br /> Assumed Capacity) <br /> Following the Planning Commission meeting, staff has conducted additional outreach to <br /> the Pimlico North owners and has received affirmative interest from two owners at the <br /> time of agenda report publication, included in Attachment 4. Staff will provide a verbal <br /> update at the City Council hearing. If property owner interest is not obtained by all three <br /> owners, inclusion of this site would not be recommended by the Planning Commission. <br /> If excluded, 64 units would be removed from the very low/low-income category and total <br /> surplus above RHNA resulting in a 415 unit (seven percent) buffer above RHNA. <br /> PUBLIC NOTICE <br /> Notice of this item was published in The Valley Times and an email notification was sent <br /> to all interested parties who have signed up on the Housing Element website <br /> Pleasanton housingelement.com. Additionally, courtesy notices were mailed to rezone <br /> Page 12 of 14 <br />