CC Min 1996-07-01 - Laserfiche WebLink

Browse Search

Commission reviewed and approved the Master Plan for the Electronic Arts project in Redwood Shores. The project consists of six office buildings totaling one million square feet, and a fifty thousand square feet special purpose building along with three parking garages. The Planning Commission on June 19, 1996 certified a technical addendum to the 1975 Environmental Impact Report which consists of an aviation safety study and traffic study, which combined with the 1975 EIR constitute the environmental documents necessary for the project. The Commission also approved the Planned Development Permit which allows the height of three buildings to exceed the maximum 100 feet limit allowed in that zoning district. It also approved the vesting tentative map and recommended Council approval of the development agreement. Director Passanisi said the staff and the Planning Commission believe the project is of high quality and warrants the granting of a planned development permit. Director Passanisi advised that the Consultant hired by the City to determine if the project would pose a hazard to a pilot using San Carlos Airport, concluded that it did not pose a hazard. He said this was confirmed by the FAA report. Director Passanisi acknowledged there would be increased traffic arising from this development. He added that the subject traffic study concluded that with certain mitigation measures, traffic impacts would be mitigated to acceptable levels of service. A traffic assessment district and construction of Highway 10 I auxiliary lanes are part of the proposed mitigations. Director Passanisi highlighted items in the proposed development agreement: . The developer will have to participate in the traffic assessment district, and based on the square footage, would be a major contributor; . The developer wiIl have to contribute to a shuttle to the CalTrain station; . Each development phase (zone) will have to be reviewed by the Planning Commission and the Architectural Advisory Committee; . The developer will have to pay a substantial amount of GlD 1-64 funds, for example: If they were to come in tomorrow they would have to pay development fees of $6.5 million towards the GID 1-64 fund: $1.7 for the Shoreline Drive extension; $1.3 towards the widening of Redwood Shores Parkway; $300,000 to traffic signals; and the balance would go for parks, levees, etc. . A certain amount of GID I -64 funds are guaranteed even if building permits are not obtained. . The developer wiIl have to contribute $400,000 for a fire station and a community center in Redwood Shores; . The term of the agreement is 15 years, and can be terminated by the City after five years if construction is not completed in the first zone, or can be terminated after ten years if construction is not completed in the second zone. - -- - - - -- - - - -- -- -- - - - -- - - - -- - - - -- - - - -- - -- - - - - -- - - - - _mmm- - - - - -- - -- - -- - - -- - -- - - - - - - - - - - - - - - - - - - - - - m - -- ----- - - - -- - - - -- - - - m- -- - - - -- - -- --- REGULAR MEETING JULY 1, 1996 MINUTES PAGE 13 MINUTE BOOK NO. 54 Page No. 355