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TABLE 7 EXISTING AND FUTURE DWELLING UNITS IN PLEASANTON PLANNING AREA AS OF ASOF JANUARY 1, 2004 JANUARY 1, 2005 Dwellin~ Units Built 25,246 25,459 Units Under Construction 411 428 Approved Units 780 1,428' Potential Future Units (No Approvals) 878 Total Dwelling Units at Buildout 27,315 27,315* of 1996 General Plan Residential Units Allowed 29,000 29,000 Under the Voter-Approved Cap Remaining "Capacity" Under Cap 1,685 1,685' * Estimated Relating this back to Councilmembers' questions regarding recent housing legislation, and specifically AB 2292, amended by AB 1192, because densities and the resulting numbers of dwelling units for specific properties were stated in the 2003 Housing Element, it appears that reducing the potential buildout of the General Plan below 27,315 units would be prohibited under that legislation. In addition, Policy 19.1 of the 2003 Housing Element committed the City to rezoning 30 to 40 additional acres of land to High Density Residential in order to accommodate 800 to 900 additional units, for a build-out total of 28,115 to 28,215. The City Council still has discretion over the "potential future units" in terms of the location and density designation of these units. For example, if the vision of the General Plan is to crente a node of development around a job and transit center, it may be appropriate to move some low-density residential capacity from outlying areas of the City to areas designated for High Density Residential development or mixed use in a more central location, such as in Hacienda Park. ASSUMPTIONS USED FOR PUSD PROJECTED ENROLLMENTS The Pleasanton Unified School District recently released a report on facility needs through 2014. This report was based on projections of new residential development which were prepared by a consultant in association with the City's Department of Planning and Community Development. This estimate makes assumptions about the residential development projects likely to be built within the next ten years and also assumes some re-designation of land to high-density residential in Hacienda Park which is not reflected in the existing General Plan. PUSD's consultant acknowledges that the number of residential units assigned to the Bay Rock, Shaklee, and Roche properties is "highly speculative." The consultant estimates 2,200 units will be built over the next ten years (consisting of about two-thirds single-family homes and the rest duets or multi-family). This estimate would SR 05:135 Page 8