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06/07/2004 primary goal of the Project. A project with substantially fewer units would also reduce or eliminate other benefits of the Project identified in the Statement of Overriding Considerations. The remaining impacts, though potentially significant, are therefore unavoidable. D. "Smart" Growth Potential Impact: Absence of parks facilities, of a transit link to a local or regional corridor or hub, or retail commercial space to serve the convenience needs of Project residents and businesses or a specific and substantial below market rate housing component could conflict with local or regional land use policy and create a potentially significant environmental impact under "smart" growth policies [Impact 4 -3]. A related water supply impact is discussed in Section VII(A) below. Mitigation: The Precise Plan specifies an appropriate park space and recreation credits for Project open space and water areas, and requires new park area within the Project large enough to meet the Project's needs as determined by the City (Mitigation 10 -8). The Precise Plan and Project conditions of approval require that the Project sponsor a transit connection to downtown Redwood City and also that Project - generated trips be monitored periodically throughout development of the Project and that a defined reduction in off -site trips be achieved through transit and /or other means (Mitigations 4 -3, 7 -7). The Precise Plan and Project Development Agreement also require that the Project contain retail commercial space in a specified amount and by a specified stage of development, to serve the needs of residents and Project businesses. The Precise Plan also specifies that the Project provide at least 15% affordable housing, including 5% of its units affordable to very low income households. Findings: The identified mitigation measures are feasible and reduce the Project's park impacts to a level which is not potentially environmentally significant, while also bringing its transit measures, on -site retail commercial development and affordable housing components in line with existing "smart" growth policies so that there is no potentially environmentally significant impact created by failure to comply with those policies. II. VISUAL QUALITY A. Height Potential Impact: The Project would contain a number of buildings significantly higher than those in the vicinity (EIR Impact 5 -1). Mitigation: The Precise Plan requires a carefully- drafted set of design principles, including setbacks, tapering heights, building spacing, floor area limits and surface and fagade detailing, which will significantly reduce perceived height of the Project, and distribute its taller buildings so that visual impacts on adjacent properties will be reduced (Mitigation 5 -1 -2). 1289 \02 \179278.2 3 Atty /Reso /Reso.1470 14590 060804 Muff # 304 Bin 26