AgdaPkt 2004-08-09 - Laserfiche WebLink

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�� � � REPC�R T : To #he Honorable Mayor and City Council From the City Manager August 9, 2004 Subject Brewster Reservoir Site — Consideration of Sale of City-Owned Land Recommendation The Mayor and Vice- Mayor requested that staff develop a recommendation for Council's consultation regarding disposition of this property. Staff recommends that the Council do the following: 1. Direct staff to plan for the sale of this property with the understanding that the property will be used for a large lot residential subdivision consisting of 8 parcels generally as shown on Attachment 2; and that to ensure that the houses built on this land are compatible with the surrounding neighbofiood the Citywill, priorto seeking purchase offers, conduct an environmental review of the site (possibly requiring an Environmental Impact Report) and also prepare a Precise Plan which will establish specific zoning standards including a Floor Area Ratio (FAR) as defined later in this report'. The Precise Plan and environmental review for the project will cost approximately $200,000. 2. Have the City appropriate $250,000 which will be reimbursed upon the sale of the property ($200,000 for the above planning reports and $50,000 for the Redevelopment Agency which fronted money for surveying and engineering costs). The Site & Its Environs This City-owned land consists of approximately 4.21 acres. As shown on the attached site plan the site is of irregular shape, fronting on both Hillcrest and Upland Roads. There are currently finro abandoned water tanks (reservoirs) on the site. The site slopes down from Hillcrest to Upland. The finro tanks are located close to the Upland border. The site contains many trees, mostly eucalyptus, with a few native oaks. The site is surrounded on the south, west and north by an island of unincorporated San Mateo County land within Redwood City. The houses surrounding the site are mostly older, probably developed in the 1950's or 1960's and the lots vary in size considerably, ranging anywhere befinreen 5,000 and 25,000 square feet. ' Floor Area Ratio is a measure of the size of a building in relation to the land on which it sits. It is a planning tool to control the mass and bulk of a building relative to its site. For example, a 2,000 square foot house on a 5,000 square foot lot has a 40% FAR (2,000 divided by 5,000, multiplied by 100). 1 . . � _ _ _ _. .�._.. . _.._. __. . _ r