AgdaPkt 2018-01-22 Joint SA PFA - Laserfiche WebLink

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As noted within the "Partnership Redwood City" framework, the Council may request a community benefits package that not only funds general community needs, but also provides for community needs onsite (i.e., onsite community improvements). Typically these would be beyond improvements associated with seeking additional floor area allowances. For example, the Pacific Shores Development not only included onsite bayside trails, but also ballfields that are programmed for public use. Furthermore, the Council may wish to discuss certain types of development that are inherently beneficial to the community such as affordable housing or family oriented uses, and whether this development, or development already allowed under current zoning, fall into this category of "inherently beneficial" developments. The following table includes the community benefits currently proposed by developer. Please note this table does not include the affordable housing impact fee, the art impact fee, or any other fee, as impact fees simply offset impacts of the development, and are not considered community benefits. Nonetheless, those fees are substantial, and included in Attachment 4 ("Estimated City Impact Fees and Developer's Community Benefits). Community Benefits Proposed by Developer Description Amount (in millions) Blomquist Bridge Prefund and construct work. Under developer's proposal, City would need to pay back portion of bridge beyond developer's fair share contribution. Woodside 101/84 Interchange $10m Contribution East -west Community shuttle $2.25m Offsite Waterfront park $5.1 m contribution Public open space (property $2.25m* perimeter) Community Philanthropy** TOTAL I + $19.6m *As noted above, the perimeter trail currently is listed as a community benefit by the developer. However, an onsite trail is required by code in order to propose the amount Page 6 of 8