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491 Mr. Gene Van Lannon, President and Chief Executive Officer for Amador Valley Savings and Loan, stated that of the 63 lots in Vintage Heights II, 49 lots have been sold and closed. Of the lots in question, Lots 11, 12, and 14 have been closed. There are legal contracts on Lots 1 through 10 and on Lot 13. He feels they have legally marketed these lots and sold them under an approved Subdivision Map. No where within this approval has he seen any specific height limit on single-story homes. Amador Valley Savings and Loan has spent approximately $250,000 extra to appease to adjoining landowners, and he feels he has gone far enough. He is losing $500.00 per day by not closing the remaining lots. Mr. Daryl Alexander, Engineer for the project, 205 Main Street, stated it was his firm that prepared the cross-section exhibit that is on the wall. The exhibit was never intended to show heights of the building, they were intended to show the setbacks between the property line and the existing Vintage Hills homes and the new subdivision; heights were never entered into that rendering. He told the neighbors that the houses would be designed as custom lots; when the owners come in they would design a house to set on that lot. He noted that there are no houses on the Exhibit except the bottom elevation; the only dimension is to the setback. The houses are not built that way in the field. The roofs placed on the houses in the Exhibit are merely to make them to look like a house. That was the sole intent of the Exhibit. Mr. Alexander stated he met in the field with the homeowners and showed them where the grading of the final lots would be and showed them where their line of sight would be in relation to the structures. The neighbors main concern was that their privacy would not be invaded by two-story high houses looking into their back yards. He stated a 5-6 foot stick was used to denote the line of sight. Mr. Del Kamp, Senior Lending Officer at Amador Valley Savings and Loan, stated he wrote 63 contracts for the sales. On 13 of them, the purchasers asked him why they could only build one-story houses; he told them that people who live behind them do not want a second story looking down into their yards. He reviewed the CC&R's carefully and made sure that everyone who purchased a lot had a copy of the CC&R's, and they bought in good faith that there was an approved map from the City of Pleasanton. He urged a resolution in order that everyone can move forward as soon as possible. Mr. Gregg Johnston, 3110 Catawba Court, stated that after the meetings with the developer the neighbors agreed to the grading as shown on the Exhibit; he questioned why the houses are on the Exhibit. He felt the neighbors should have been told that the maximum height of a one-story house is 30 feet. Mr. Bob Muller, owner of Lot 14, stated that Lot 14 is still held up but it does not have a restriction to the one-story structure. Mr. Roush stated the feeling of the staff is that all - 22 - 1-17-89