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05/21/2018 WHEREAS, the density bonus height concession would result in cost reductions. Development to current standards would significantly limit the number of units physically possible (considering setbacks, height limitations and other development regulations), thus reducing the potential return on investment, as specified in the applicant's written request for a density bonus and a concession. Further, after adoption of the NMPP, the FEMA requirements have changed and new development is no longer allowed to provide below ground parking. As such, strict compliance with the NMPP height regulations would result in less residential units and impact the project's ability to build 15% below market rate units onsite; and WHEREAS, on March 6, 2018, the Planning Commission considered whether the Project is categorically exempt from the requirements of the 'California Environmental Quality Act (CEQA), pursuant to CEQA Guidelines Section 15332 (Class 32 - "Infill Development Projects") as explained in the CEQA compliance memorandum attached to the staff report ("CEQA Memorandum"), along with the previously adopted Mitigated Negative Declaration and Mitigation Monitoring and Reporting Checklist for the North Main Precise Plan, the staff reports, oral and written, and testimony and materials presented by all those wishing to be heard on this Project at the noticed public hearing on this matter; and WHEREAS, on March 6, 2018, the Planning Commission conducted a public hearing in accordance with all applicable requirements of the Redwood City Municipal Code and Zoning Ordinance, to consider the Planned Community Permit PC2016-05, Density Bonus including a height concession, and the Affordable Housing Plan, along with all applicable requirements of the State Planning and Zoning Law, the North Main Street Precise Plan, and the recommendations of the AAC; and WHEREAS, the Planning Commission determined that the proposed Planned Community permit would further the purposes of and appropriately implement the City of Redwood City General Plan, applicable provisions of the Redwood City Municipal Code and Zoning Ordinance, and the North Main Street Precise Plan and adopted Resolution 2018-03 approving the Planned Community Permit PC2016-05, Density Bonus including a height concession, and the Affordable Housing Plan; and WHEREAS, an appeal was filed with the City during the 15 -day appeal period by Goolsby, on behalf of Better Neighborhoods Inc. (Appellant) challenging the Planning Commission's approval of the Project; and ATTY/RESO.0041/CC RESO DENYING THE APPEAL FOR 353 MAIN STREET RESO. NO. 15665 REV: 05-14-18 PR MUFF NO. 603 Page 2 of 29