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7A <br />Page 1 <br />REPORT <br />To-the Honorable Mayor and City C®unciS <br />From. the Planning Commissi®n <br />March 12, 2007 <br />Subject <br />Downtown Precise Plan <br />Recommendation <br />Consider approval of the Downtown Precise Plan, per recommendations from the Planning <br />Commission and City Staff. The following actions are required for the Plan to take effect: <br />1. Adopt a Resolution approving the attached Findings and Statement of Overriding <br />Considerations and the accompanying Mitigation Monitoring Program (Attachment <br />A). <br />2. Adopt a Resolution amending the General Plan {Attachment B): <br />a. Amend the General Plan Land Use Designation of the Downtown Precise <br />Plan Area from "Mixed Uses" (Commercial and Residential), "Multi-Story <br />Structures for Office and Retail Uses", "Moderate and High Rise Residential <br />Structures", "Government", and "Office Park Oriented Uses" to "Downtown <br />Mixed Use" and "Downtown Expansion Etlocks", <br />b. Add new text to the General Plan describing two new land use designations, <br />i.e. "Downtown Mixed Use" and "Downtown Mixed Use Expansion Blocks" <br />and their associated definitions. <br />3. Introduce an Ordinance to rezone the Downtown Precise Plan Area from numerous <br />retail and mixed use residential zoning designations to "P" {Planned Community) <br />District and make associated findings that this rezoning action is in the public <br />interest. (Attachment C). <br />4. Introduce an Ordinance approving the Downtown Precise Plan and selecting the <br />"Moderate Intensity Alternative" build-out standard with recommended revisions. <br />The Moderate intensity Alterna#ive build-out standard will be documented in an <br />Appendix of the Downtown Precise Plan (Attachment D). <br />Background <br />The Downtown Precise Plan ("Plan") has been under preparation forthe last several years. <br />During that time there have been numerous workshops, public hearings, meetings with <br />downtown businesses, property owners, residents and other interested stakeholders. The <br />