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4. Introduce the draft ordinance approving Case PUD-74, PUD development plan approval to construct 110 detached single-family homes for residents aged 55 years and older, subject to the Conditions of Approval, Exhibit "B" (Attachment #1). FINANCIAL STATEMENT The applicant would be responsible to pay the costs of the necessary utility and infrastructure improvements for the project. The private streets and utilities, clubhouse and common open space areas, street landscaping, soundwalls, etc. would be maintained by a homeowners association. BACKGROUND Ponderosa Homes' "Ironwood" development on the "Busch Property" was approved by the City Council in 2002, consisting of 175 new single-family homes, 16 duets, a 172- unit senior apartment project, achurch/day care facility, and a 23-acre site approved for either a public school or Medium Density Residential (MDR) senior housing. Two existing farmhouses along Mohr Avenue were retained. The senior apartments and most of the single-family homes have been built. The Pleasanton Presbyterian Church recently finished the first phase of its church facility. The Pleasanton Unified School District had a five-year option agreement with Ponderosa Homes to buy the approximately 23-acre public school/MDR senior housing site in the development as a potential school facility. The School District chose not to exercise its option to purchase the property and Ponderosa Homes proposes to develop the site as medium-density senior housing as allowed by the previously approved PUD. The application was reviewed by the Pleasanton Planning Commission at a workshop held on March 19, 2008. Detailed information on this meeting is provided by the Planning Commission staff report (Attachment #8) and minutes (Attachment #4). The Planning Commission reviewed and recommended approval of the PUD development plan at its meeting of July 9, 2008. The application is now before the Council for final action. SITE DESCRIPTION The subject property, approximately 23-acres, is located at the eastern side of the Ironwood development at the terminus of Reimers Drive (outlined in red on the graphic on the following page). The undeveloped site is relatively flat and contains non-native annual grasses. The southern portion of the site is currently being used as a temporary construction yard for the adjacent Ironwood development. A temporary gravel construction access road is located along the western edge of the site. The property is bordered on the west by single-family homes in the Ironwood neighborhood. The City's Operation Service Center (OSC) is located to the south of the subject site. Old Mohr Avenue right of way and a Zone 7 lake (Lake I, formerly a Hanson Aggregates quarry pit) are located to the north. This lake will become one of the "Chain of Lakes" which is to be used for future water storage, groundwater Page 2 of 13