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, I Chapter IV - Implementation I , to provide for a 3-day water storage demand for the cumulative of anticipated maintenance costs for all capital facilities as well as ! i total buildout to that point, subject to City approval. A mini- maintenance for City review and approval. I I mum increment of storage may be required by the City. The I I I 1 total storage requirements may be increased where future State As regards shuttle service, development shall establish a self-sus- I regulations require more than a 3-day supply. taining funding program that ensures that shuttle service will be provided in perpetuity, regardless of the possible participation of I 7. Shuttle Service - Prior to issuance of final map approval for the local transit agencies; Le., if for some reason Sam Trans discontinues I ] SOOth residential unit, shuttle service to the Downtown Redwood the service vehicles, maintenance, and schedule/headways shall be I ¡ City Caltrain Station and other destinations as determined by provided and/or maintained by development within the Precise Plan j J the City shall be provided, consistent with Precise Plan objec- Area. I tives and policies. Shuttle service is a key element of the Precise Plan's Transportation and Circulation policies, affecting devel- Development Impacts, Monitoring & Phasing ¡ opment phasing and potential buildout. This Precise Plan (Plan) contemplates the addition of up to 1,930 I 8. Marinas, Open Spaces, and Esplanades - Publicly-accessible dwelling units, 150,000 gross square feet (GSF) of commercial office I amenities and recreational facilities required by the Precise Plan building area, a minimum of 25,000 to a maximum of 50,000 GSF of shall be completed as part of the initial phase of development in commercial retail building space, and 200 lodging rooms. This de- I each of the respective Subareas; Le., initial phase development velopment will not all be completed at one time but is likely to build in the South Center (Peninsula Marina) Subarea shall include the out over years, possibly a decade or more. The Plan contemplates a ¡ reconfigured marina, and inner and outer esplanade walkways; residential community as the primary land use, and acknowledges initial phase development of the North Point (Pete's Harbor) that residential development criteria continues to evolve in terms of I Subarea shall include the reconfigured marina, inner and outer unit types, sizes, parking requirements, and other factors. However, I esplanade walkways, and North Point Park. Initial phase devel- since this Precise Plan constitutes an amendment to the City's Zon- opment in either subarea shall include improvement of the re- ing Ordinance, and since the Precise Plan allows for, a) the addition I quired recreational park/open space. The City may allow some of a significant amount of development to the Plan Area which may of the esplanade and park areas to be developed in an interim be occupied at greater density of habitation during the plan life, and I manner prior to the completion of adjacent construction. b) reduction of traffic- and water-related capital improvements based ., on transportation demand and water conservation efforts, among Financing & Maintenance of Capital Improvements others, this Plan establishes procedures for how the City and the J developer or developers will monitor vehicular trip generation and Capital improvements shall be financed by Precise Plan Area devel- water use during the Plan life. I opment, with the qualifications related to City participation noted above. Capital improvements shall be maintained by Precise Plan Traffic and Parking I Area development, through an assessment district, homeowners I association, and/or other adequate mechanisms as approved by the The Precise Plan contains policies for land use mix, uansportation City. The developer shall provide the City with a detailed estimate Demand Management (TOM) efforts, shuttle service and other ele- I - 81 - Final Plan· June 2004 I