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24. Policy 20 Commissioner Pearce believed that Policy 20 was an important policy and that the only concerns were with respect to the housing cap. She suggested that people he encouraged. to live and work in the same place but did not believe speciFic policies that may violate the housing cap would be necessary. Commissioner Arkin agreed that people who live in Pleasanton should be encouraged to work in Pleasanton. The Commission concurred. Ms_ Stern advised that the revisions would be brought back to the Commission as soon as possible. She informed the Commission that the next Joint City C=ouncil-Planning Commission General Plan workshop would be held on Tuesday, August 9, 2005_ No action was taken- d_ PUD-81-22-11.M. Charles Schwab Comnanv. Inc. Application for a Planned Unit Development major modification to demolish an existing 8,500-square-foot building located at 6l 80 Stoneridge Mall Road and replace with a new parking area and landscaping strips. Zoning for the property is PUD-C-O Planned Unit Development C=ommercial-Otf3ce~ District. Ms. Decker sw-nmarizcd the staff report and described the history and scope of this application. She noted that a total of 177 new parking spaces would be constructed, comprised of approximately 7 21 spaces on the mall side and 56 spaces on 6220 Stoneridge Mall Road. She noted that at the time this particular PUD was originated, the City approved a Transportation Demand Management ~TDM~ Program as part of the Pleasanton Corporate Commons Project; some of the items were deferred until there was actual tenancy of the proj ect_ The applicant had agreed to the implei~nentation of the TDM Program and had revised its site plans and design progran-i to suit the current tenants- No comments were received following the 1 ,000-foot radius noticing, and the owner of Stoneridge Mall, Mills Corporation, indicated it had no concerns with this project. Staff did not have an issue with the removal of the existing building and recommended approval of this application. THE PUBLIC HEARING WAS OPENED. Bill Durgin, 6200 Stoneridge Mall Road, Suite 120, representing the applicant, noted that the civil engineer, proparty manager, and project manager were in attendance to answer any questions. THE PUBLIC HEARING WAS CLOSED. Commissioner Arkin moved to find that the proposed PUD major modification to modify an approved development plan is consistent with the General Plan and purposes of the PUD ordinance, to make the PUD findings for the proposed development plan as listed in the staff report, and to recommend approval of PUD-81-22-11M to the City Council, subject to the conditions of the staff report as listed in Exhibit B of the staff report, as recommended by staff. _.. Chairperson Maas seconded the motion. PLANNING COMMISSION M1NL7Ti3S Tune 22, 2005 Page 7 of 20