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7A Page 30 Depending on the scenario, the total development potential would range between 94 and 213 net new units in the analysis, with 213 units being consistent with the City's existing practice for implementing the R-2 ordinance, In the Friendly Acres neighborhood, the reduced density 5,000 square feet lot area per unit scenario could result in a net loss of development potential compared to the number of existing units in the affected sites (50 potential units at a density 5,000 square feet lot area per unit compared to 56 existing units), and an even greater a net loss when compared to the City's existing practice for implementing the R-2 ordinance (50 potential units at a density 5,000 square feet lot area per unit compared to 71 units under the City's existing practice). The provisions of the R-2 zoning ordinance are consistent with the applicable General Plan land use designation of Medium Density Residential in the Redwood City 1990 General Plan, This designation permits a land use density of 8 to 20 residential units per net acre. Any of the three proposed code amendments to the R-2 Zoning District would be in conformance with this designation, as shown in Table 3: TABLE 3: R-2 AL TERNA TNES NET DENSITIES Alternative 2,500 s ft I unit 3,333 s ft I unit 5,000 s ft I unit Net Land Use Dens; 17.42 units/acre 13.07 units/acre 8.73 units/acre In addition, applicable Land Use Policy L-3 states the following: Policy L-3: Higher residential densities should be promoted at locations near or within commercial and financial centers, employment centers, and transportation terminals. In most circumstances, any of the three alternatives would provide the potential for increased residential density above existing conditions, consistent with this policy, especially given the location of the R-2 zoning districts which are found in close proximity to commercial and employment centers, and transportation facilities. As noted above, a possible exception would be the 51000 square foot/unit alternativel which could resutt in a small net loss of units in the R-2 portion of the Friendly Acres neighborhood compared to existing conditions. The City recently completed a draft New General Plan and is preparing a full EIR pursuant to City Council direction, The plan includes a draft Housing Element for the 2007-2014 period which has been found to be in compliance with State law by the Department of Housing and Community Development. Program H-8 specifically supports the effort to codify build out regulations for larger parcels in the RM2 Zoning District. The proposed code amendment is consistent with both the 1990 General Plan (including revisions) as well as the draft General Plan pending adoption and is thus aligned with the past, present and future vision for the City. Program H-8 from the Draft Housing Element states: 241 City of Redwood City, Planning, Housing and Economic Development Department