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review and update of the General Plan as conditions change. Consistent with that policy and to ensure that the maximum number of housing units at buildout remains at 29,000 without the Pleasanton voters' consent, the voters must approve an amendment to the Pleasanton General Plan as provided in this measure. Section 3. General Plan Amendments Retarding the Maximum Residential Readout A Reaffirmation and Readoption of Residential Buildont Polley The Pleasanton Housing Cap Initiative hereby reaffirms and readopts Land Use Element Policy 15 and its Program 15.1 of the City of Pleasanton General Plan as set forth in section 2.E of this initiative. B. Adoption of Residential Buildout Policy The following text is added to the Land Use Element of the City of Pleasanton General Phu, adopted August 6, 1996 immediately following Goal I, Policy 15, Program 15.1: Program I5.2: The foregoing Policy 15 and Program 15.1, and this Program 15.2, shall be amended only by a vote of the people. Section 4. lrnDIementatioe A. Effective Date. This Initiative shall take effect if a majority of the votes cast on the Initiative are in flavor of its adoption. Upon the effective date of this initiative, the provisions of section 3 of the initiative are hereby inserted into the Land Use Element of the City of Pleasanton General Plan as an amendment thereof; except that if the four amendments of the mandatory elements of the general plan permitted by state law for any given calendar year have already been utilized in 1996 prior to the effective date of this initiative, this general plan amendment shall be the first amendment inserted in the City's General Plan on January 1, 1997. If the initiative described as the Pleasanton Urban Growth Boundary Initiative is also approved by the voters at the November, 1996 election, the General Plan amendment adopted by that initiative and the amendment adopted by this initiative shall be simultaneously inserted into the City of Pleasanton General Plan as a single amendment thereof. At such time as this general plan amendment is inserted in the City of Pleasanton General Plan, any provisions of the City of Pleasanton Zoning Ordinance, as reflected in the ordinance text itself or the City of Pleasanton Zoning Map, inconsistent with this general plan amendment shall not be enforced. B. Project Approvals. Upon the effective date of this initiative, the City, and its departments, boards, commissions, officers and employees, shall not grant, or by inaction allow to be approved by operation of law, any general plan amendment, rezoning, specific plan, subdivision map, conditional use permit, building permit or any other discretionary entitlement, which is inconsistent with this initiative. 3