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whether assisted living facilitiesl, which likewise may meet the Initiative's definition of <br />housing unit, should count toward the housing cap. Counting rooms in assisted living <br />facilities against the housing cap will reduce the number of units available in the City, <br />potentially impacting the availability of workforce housing. <br />Fiscal Impact: <br />If the Initiative is adopted, shifting units from hillsides to other areas of the City, <br />will likely result in a fiscal impact to the City in the form of decreased net annual <br />operating revenues ranging from $69,000 to $183,000, as well as the loss of up to $2.8 <br />million in one-time development impact fees for infrastructure projects. Additionally, the <br />Pleasanton Unified School District is projected to receive $3.6 million to $12.9 million <br />less in one-time development school impact fees than would have otherwise been <br />anticipated when the housing cap is reached. The following table summarizes the fiscal <br />impacts related to the hillside policy: <br />Summa of Fiscal Im acts related to Hillside Polic <br /> Range of Reduction in Net Revenues <br /> Maximum Minimum <br />Annual _ <br />Reduction in Net Revenues Per Year $ 183,000 $ 69,000 <br />One-Time Development Fees <br />City $ 2,797,984 $ - <br />Pleasanton Unified School District $ 12,903,296 $ 3,590,230 <br />Other Agencies $ 2.423.232 $ 478.380 <br />Total One-Time Develo ment Fees $ 18,124,512 $ 4,068,610 <br />' For example, the City's Parkview Assisted Living Facility includes 86 units which have a bathroom and <br />kitchenette (e.g. kitchen sink, mini refrigerator and microwave oven) but all residents have a meal plan. <br />Taking the definition in the Initiative literally, these types of units would count against the housing cap. <br />Historically, however, the City has exempted units within assisted living facilities from the City's housing <br />cap. Conversely, all independent living units for seniors (e.g., the units within Ridgeview Commons, <br />Kottinger Place, Pleasanton Gardens, etc.) have been counted towards the housing cap, as well as all <br />conventional housing units, including single-family, multi-family, and mobile homes that house seniors <br />(see Sections 5.20 and 5.25, below). <br />2 <br />