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<br />Resolution No. 91-78 <br /> <br />that is proposed. To be a practical alternative, <br />land should have at least some similarity in <br />geography and density, with a realistic <br />expectation of developing in the same time frame <br />as the Bonde Ranch property. <br /> <br />In order to be comparable to the Bonde property, <br />the proximate noncontracted land would have to be <br />planned in 16 acres of medium density residential <br />(2-8 du/ac), 27 acres of low density residential <br />(<2 du/ac), and 57 acres of rural density <br />residential (1 dU/5 ac) land uses, totaling 104 <br />acres for 193 dwelling units. No other proximate <br />noncontracted land meets these criteria. <br /> <br />Moreover, other developments in the Pleasanton <br />vicinity which potentially could provide the <br />housing/open space mix to be provided by this <br />development are either significantly further <br />along, or further behind, in the development <br />process, or are significantly different project <br />types. <br /> <br />The Bonde Ranch property is at an early stage in <br />the multiyear development approval sequence. The <br />Bonde Ranch property has only recently (1990) <br />completed annexation proceedings. Next, a PUD <br />development plan must be approved by the city. <br />Only then can growth management approval, which <br />authorizes subdivision and custom home <br />construction, be obtained. Typically the terms of <br />the growth management approval stagger buildout of <br />the project over several years. <br /> <br />other projects substantially ahead of the Bonde <br />Ranch property in the development approval <br />sequence and thus neither suitable nor available <br />are the Yee property, the Garms Ranch property, <br />and the Presley Homes (Laurel Creek) property. <br /> <br />There are two "flatland" properties now subject to <br />specific plan studies - the Chu property and the <br />City and County of San Francisco lands. These <br />properties vary from the Bonde Ranch property in <br />that their flat topography and their location <br />adjacent to several major arterial streets makes <br />their development at tract housing densities more <br />appropriate, as reflected by the density <br />designations on the General Plan. <br /> <br />4 <br />