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193 schedule for the development, stating it is imperative that they begin construction in early April in order to be completed before the rainy season begins in November, otherwise the project could be delayed until the following spring which would be risky and costly. Mr. Pettish stated that with regard to the mortgage revenue bond program, he would like to participate but cannot participate more than 8%, or 30 homes. He stated the present report does not allow for exemption less than 50%. Mr. Parfish- stated he felt his project s~buld qualify for RAP exemption because of the low income housing category. He added~the proposed development is a viable project for Pleasan- ton and he would like to start construction in April. Mr. Steve Tyler, TyCal Development Company, 344 Division Street, Pleasanton, stated Council should give strong consideration to affordable and low income housing for exemption from RAP and for available sewer capacity. Me stated he would like for the Council to consider the quality of the housing stock in Pleasanton. Mr. Tyler stated he feels that his project is high quality and allows buyers with low and moderate in- comes to purchase homes. He stated he felt that available sewer capacity should be delegated to low income housing. Mrs. Joyce Getty, 925 Kottinger Drive, Chairperson of the Planning Commission, stated she appreciated this report and it is exactly what the Planning Commission is looking for. She stated that Planning Commission is not in favor of a building moratorium but needs direction regarding future growth in the City. She stated that speaking as a citizen, she did not understand why the Planning Commission continued Mr. Parrish's item at their last meeting. Mr. Steve Tyler stated there is an urgency in timing as it takes several months to process and bring houses on line to be sold and occupied. Mayor Mercer stated the argument that the City has 1,200 connections is a good one. Back in August, atthe behest of the Chamber of Commerce Task Force Committee on Housing, they made the recommendation that the City hold competition and to allow 200 units the first year. Now the City is looking at 800 units coming before Council without competition. He stated that if all of these units are approved then the City might not be able to allow any additional units to be built until 1986. Mayor Mercer stated that Council needs to address whether to exenpt low income housing and then discuss the affordable housing exemption. He stated he did not feel the City needs a growth moratorium. He advised the growth management plan would not be com- plete until March and that Council should decide whether to go ahead in approving projects before final adoption of a growth management plan. Councilmember Butler stated that more developers are showing an interest in construction of low/moderate and affordable income housing than in a long time. He stated he felt the mortgage revenue bond program is important, and feels this issue should be addressed first. He stated he felt staff guidelines made sense and would not slow down projects that are participating in the revenue bond program. Councilmember Wood stated he felt changes in the market have brought about more cooperation between developers and the City. He asked Mr. Parrish if he agreed with staff recommendations regarding participation in the mortgage revenue bond agreements. Mr. Parrish stated that he could not comply with the required that 50% of units parti- cipate in the mortgage revenue bond program. He stated that requiring maximum RAP Housing and Capital Improvement fund contributions would add to the cost of housing. Mr. Parrish reiterated that he would like to have his project exempt from RAP because it is low income housing. Council discussion ensued regarding the mortgage revenue bond program. Mr. Walker advised that the City must have 20 million dollars participation in order for approval 3. 12/22/81