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plan area. In order for those units to be utilized, a PUD and tentative map approval must be received before applying for growth management approval. The School District property has an agreement with the City for the reservation for the 40 acre parcel. In ratcheting down the annual limitation, the numbers that are in the proposed growth management ordinance includes room for these reservations. Council is aware of the North Sycamore Specific Plan reservation. Frederick Bates, 9781 Blue Larkspur Lane, Monterey, 93940, said New Cities Development Group is in the process of submitting an application for the development of the Humphreys and Dunkley property and expects to be before Council sometime early next year. His request is to have the allocations that were set aside for 1998 and 1999 for the Sycamore Specific Plan area remain in place. There being no further testimony, the public hearing was closed. Mayor Tarver said he appreciated the work of staff and committee members and felt successful with the program. He commented on the growth of the community over the next ten years. This ordinance tells the community the number of units that will be built over the next decade. He felt the ordinance was flexible, equitable and fair. Ms. Michelotti agreed with Mayor Tarver. She wanted to thank the committee, as well as the public who attended the meetings and gave input. She felt this was a response to the community's requests. It is asking the development community to stand by what it says it is going to build or give up the units each September. She hoped the community was satisfied with the direction Council was taking. Ms. Ayala asked for clarification on the waiting period for growth management. Mr. Swift said currently most developers had to wait approximately one year after they receive PUD approval. Staff believes this will be a better program for small builders. The developers will always be able to get an update as to how many units are available and who is in the pipeline for submitting plans. After developers receive final map approval they are almost assured to get allocations in January. Ms. Ayala said the fear of the major projects taking all the allocations from the first- come, first-served is not justified. Mr. Swift said it is determined by Council how those units in those two categories would be allocated. When the project goes to Council for approval, the small developers would have the opportunity to remind Council about the allocations promised to them. Ms. Michelotti asked how this ordinance would be implemented in 1998. Mr. Swift said the ordinance has all the information for the allocations to occur in a Pleasanton City Council 10 11/18/97 Minutes