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development on Laurel Way. At that time Council also directed staff to explore alternative mechanisms for funding the ErR, with the possibility of the City contributing a portion of the EIR costs. Senior Planner Passanisi referred to the alternatives listed in the report and stated that staff recommended a voluntary agreement. Following is an excerpt from the staff report: "Voluntary Agreement. This option is similar to that proposed by the owner of 3 73 8 Laurel Way during the appeal of the denial of his application for variances. If the Council desires, this agreement could include the City as a contributing party but would not guarantee development approval since development could only be approved in accordance with the zoning ordinance and any adopted mitigation measures in the EIR. "Since this is a voluntary agreement, owners of unimproved lots (who would presumably benefit from the ErR) could be invited to share in the cost of the EIR. Those owners who expect to develop these properties in the near future would benefit from spreading the cost over all the vacant lots, and should be motivated to participate to the extent no one owner wants to bear the entire cost. "Of all the types of financing mechanisms, staff believes that the voluntary agreement would be the best, possibly with a city contribution. It is the simplest and least cumbersome to administer. If the City Council decides to pay for a portion of the EIR cost, then the contribution should be based on the percentage of total public right of way within the Laurel Way Subdivision... " (approximately 18% or $14,400 if the EIR costs $80,000.) Mayor Hartnett asked if anyone in the audience wished to speak to this issue. No one came forward. In response to Council questions, Senior Planner Passanisi explained that if only one property owner chose to enter an agreement for an EIR then he/she would be solely responsible for its funding (unless the City chose to participate up to the 18% level.) If no one chose to pursue an EIR then the City would not expend any money. Senior Planner Passanisi said administrative costs were not included in the $80,000 estimate. WS: CLAIRE/BUCHAN TO APPROVE STAFF RECOMMENDATION FOR A VOLUNTARY EFFORT TO PRODUCE AN EIR WITH CITY PARTICIPATION OF APPROXIMATELY $14,400, THE CITY'S FAIR SHARE. After Council discussion regarding a fixed contribution and the percentage of total public right of way, the Mover and Seconder agreed to amend the subject Motion to read: MIS: CLAIRE/BUCHAN TO APPROVE STAFF RECOMMENDATION FOR A VOLUNTARY EFFORT TO PRODUCE AN EIR WITH CITY PARTICIPATION OF A MAXIMUM OF 18 PERCENT (PERCENTAGE OF TOTAL PUBLIC RIGHT OF WAY WITHIN THE LAUREL WAY SUBDIVISION) REGULAR COUNCIL MEETING MINUTES MINUTE BOOK NO. 54 Page No. 564 OCTOBER 28, 1996 PAGE 14