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141 It was moved by Mr. Tarver, and seconded by Ms. Mohr, that Ordinance No. 1534 be introduced, to be read by title only and waiving further reading thereof, approving a PUD final development plan (PUD-81-30-53D) for an 878 unit apartment complex composed of 35 three-story buildings on an approximately 27 acre site in the Hacienda Business Park, 5675 Stoneridge Drive, bordered by Tassajara Creek on the east, Owens Drive on the north and Stoneridge Drive on the south. The roll call vote was as follows: AYES: Councilmembers Butler, Mohr, Scribner, Tarver and Mayor Mercer NOES: None ABSENT: None ABSTAIN: None It was moved by Mayor Mercer, and seconded by Mr. Butler, that Resolution No. 91-202 be adopted, approving growth management allocation at 266 in 1991, of which 126 will come from Callahan's Carriage Homes project if Mr. Callahan agrees to relinquish his allocations and 196 in 1992, 0 in 1993, 241 in 1994, and 175 in 1995. The roll call vote was as follows: AYES: Councilmembers Butler, Mohr, Scribner, Tarver and Mayor Mercer NOES: None ABSENT: None ABSTAIN: None Item 6f Adjustment to Water and Sewer Rates (1} Water (SR91:511) {2) Sewer (SR91:510) Bob Cordtz, 262 W. Angela referred to page three, item three of the staff report and asked what was meant by "significant". Sue Rossi, Director of Finance, responded that depending on the level of conservation, it would generate somewhere between $250,000 and $400,000. Mr. Cordtz asked what will happen if the well is not completed. Mayor Mercer asked staff if there is any chance that the well will not be completed. Steve Cusenza, Deputy Director of Utilities, responded that it is unlikely that the well would not be completed. 12/10/91 15