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d. The standardized requirements in the local building code ensure that sound <br />engineering practices will be followed so that al] soils following grading will support <br />the GHCBI Project improvements to the maximum extent feasible. <br />e. Pleasanton adopted a finding of overriding considerations for seismic safety <br />in 1996 as it adopted its General Plan. <br />E The development proposed under all the alternatives would be exposed to <br />impacts from seismic events. The No Project Alternative is rejected because it would <br />not meet any of the Project Sponsor's objectives nor would it fulfill any of the City's <br />objectives for this site, including provision of additional housing, open space, <br />affordable housing, an elementary school site and public improvements. <br />IV. OVERRIDING CONSTDERATIONS <br />After balancing the unavoidable significant and other adverse effects on the <br />environment and the benefits of the GHCBI Project, the City Council finds [hat the <br />following economic, legal, social, technological and other benefits of the GHCBI <br />Project outweigh any unavoidable significant effects on [he environment: <br />1) The Bemal Property will be annexed into Pleasanton and will be developed in <br />conformity with Pleasanton's public purposes and policies, including Pleasanton's <br />growth management program, [hereby allowing Pleasanton to manage development <br />of the Bemal Property within its urban growth boundary in a comprehensive <br />fashion. <br />2) 320 acres of the project site will be gcanted to the City, without cost, and set aside <br />in perpetuity for recreational, institutional, public, and open space uses, to be <br />determined as Phase II of the GHCBI Project. The total acreage of such dedication <br />exceeds Pleasanton's normal requirements. <br />3) 15% of [he units at the GHCBI Project will be affordable housing, including: 56 <br />duet units for moderate-income families; 20 apartment units for very-low income <br />families; and 11 apartment units for moderate income families. <br />4) San Francisco has sold to the Pleasanton Unified School District, at an <br />advantageous price, an expanded 11.2-acre elementary school site, and has <br />rearranged the GHCBI Project's land use plan to allow the PLJSD to acquire and <br />develop [he site in the most timely and efficient manner, with the school site <br />scheduled to open in fall 2000. <br />67 <br />