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Housing Can <br />Table 12 presents the findings of the fiscal impact to the City's General Fund on an <br />annual basis and the reduction in the City's (and other agencies') development impact <br />foes if 396 additional CLC units were counted toward the City's housing cap: <br />Annual <br />Reductlon In Net Revenues Per Year <br />TabN 13 <br />s 101,000 <br />194,000 <br />Ons-Tlms DwNopm~nt Foss <br />City <br />Pleasanton UnMed School Diatrkd <br />Other Ayenclss <br />8. Conclusion <br />S 8,539,148 <br />3 1,083,458 <br />3 12.402.324 <br />i ' 11,485,584 <br />3 11,947,320 <br />The twin purposes of the Save Pleasanton's Hills Bt Housing Cap initiative broadly reflect <br />similar hillside protection and growth limit interests that have previously been adopted by <br />Pleasanton voters (e.g.. Measure F, the Housing Cap, and Urban Growth Boundaries). <br />However, reading the Initiative exposes areas whero additional clarification is needed to <br />implement its provisions, such as how to determine if a slope is 25% or greater. While <br />the General plan, Specific Plana, and Municipd Code include regulations and policies <br />which address hillside development regulation and growth control provisions, there <br />remain gape between the Initiative and existing practice which the City Council will need <br />to consider carefully in the future. 'This includes defining key terms of the Initiative, such <br />as "ridgeline", "slope" and "stnrcture", as well es developing regulations for calculatiag <br />floor arearatio /home size, managing ~n& measuring slope, establishing developable <br />areas on parcels, and clarifying exemptions. <br />Additionally. interpretation will also be needed regarding the application of the <br />Initiative's definition of housing unit to assisted~vm8 fec t of as implementing~ordinance. <br />Clarification could occur through subsequent oP~ <br />The subsequent development of an ordinance would be important for such clarification <br />and interpretation of the Initiative's language in terms of whether and where housing <br />units can be built, as well es whether and where the roads and infrastructure that Provides <br />access and services to such homes can be built. For example. the Este of the HsppY <br />Valley Bypass Road would have to be addressed in the context of the Initiative and <br />subsequent implementing ordinances. <br />3a <br />