FOOTHILL BOULEVARD HOLDING COMPANY, LLC

1 Proposal PROJECT UNDERSTANDING FCS understands that Foothill Boulevard Holding Company, LLC (applicant) is proposing to implement the City’s approved 2023-2031 (6th) Cycle Housing Element Update (Housing Element Update) by demolishing one of the two existing residences on the project site, retaining the two non-habitable outbuildings (a barn and a workshop), and constructing 110 new residential units, restricted to persons 55 or older. The project site is approximately 46.3 acres and consists of Assessor’s Parcel Numbers (APNs) 213-020- 037 and 213-020-046-08, located at 4141 Foothill Boulevard. The site is identified as a potential site for rezoning number 22 in the 2023-2031 (6th) Cycle Housing Element Update (Housing Element Update). The project site is bounded by Foothill Road (west), Interstate 680 (I-680) (east), medium density residential (north, and low density residential (south). There is a large, cement-block sound wall that borders the east portion of the property and separates it from I-680. The proposed project would consist of 92 single-family market rate homes and a combination of 18 single-family duets and detached homes that would be deed-restricted to moderate income households. The market-rate homes would range in size from approximately 2,334 square feet to approximately 4,936 square feet, with detached and attached Accessory Dwelling Units (ADUs) available as options on some lots. The 18 affordable homes would range in size from approximately 1,264 to approximately 1,403 square feet. The proposed project would also include construction of a mini-park with exercise equipment and a centrally located recreation center encompassing over 5,900 square feet. The recreation center would include a fitness center, pickle ball courts, swimming pool, spa, demonstration kitchen, multi-purpose room, great room, outdoor entertaining area, massage room, and sky bar. The proposed project would also construct the missing portion of the Marilyn Murphy Kane Trail Northwestern Connection – Trail H, which is a priority improvement identified in the latest Pleasanton Trail Master Plan. Vehicular access to the site would be provided from a new roadway connection to Foothill Road. Three potential emergency access routes would be provided, as identified in the project plans. The project site is located within Unincorporated Alameda County, but it is located within the City of Pleasanton’s Sphere of Influence and Urban Growth Boundary. The project site is designated East County Area Plan-Low Density Residential (ECAP-LDR) by the Alameda County (County) General Plan and zoned Agriculture (A) and PD 2022 by the County. The project site is designated Low Density Residential (LDR) with a Housing Element Sites Overlay by the City of Pleasanton General Plan, and it is not prezoned by the City. The project would be annexed into the City, and it would be prezoned, consistent with the site-specific density set forth in the Housing Element. The City has not yet rezoned this site, and that would occur as part of project approvals. DocuSign Envelope ID: 8E6A239C-EFA8-4B71-9925-FD59383F7852DocuSign Envelope ID: 3BEEDA86-3A65-4060-BFF8-BD1CAC784FCC