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0 R I G I N A L 11/3/97 <br /> <br /> RESOLUTION NO. 13246 <br /> <br /> RESOLUTION APPROVING AND AUTHORIZING EXECUTION <br /> OF AGREEMENT FOR THE FUNDING OF OFF-SITE ROADWAY <br /> IMPROVEMENTS RELATING TO THE WOODSlDE CORRIDOR <br /> <br /> (MID POINT TECHNOLOGY PARK) <br /> <br /> WHEREAS, on December 17, 1996, the Planning Commission of the City <br />of Redwood City certified an Environmental Impact Report (EIR) addressing the <br />development of six (6) buildings totaling approximately 468,855 square feet of <br />office/research & development (R&D) uses (the "Project") on the property located <br />along Broadway and bounded by Douglas Avenue, Second Street, and Bay <br />Road in Redwood City, California (the "Project"); and <br /> <br /> WHEREAS, the EIR included a traffic analysis (the "EIR Traffic Analysis") <br />which identified the Project's traffic impacts to Woodside Road/Middlefield <br />Avenue, Woodside Road/Bay and Woodside Road/Broadway (generally referred <br />to as the "Corridor") under existing conditions, cumulative impacts to the <br />Woodside Road/Bay intersection (the "Impacts") and increased traffic delays at <br />the Woodside Road/U.S. 101interchange; and <br /> <br /> WHEREAS, the EIR identified potential mitigation measures for the <br /> Impacts, but the mitigation measures were determined to be infeasible because <br /> they would increase traffic delays at other locations along the Corridor; and <br /> <br /> WHEREAS, on December 17, 1996, the Planning Commission of the City <br /> adopted a Mitigation Monitoring and Reporting Program for the Project (the <br /> <br /> Ftshared\Redwood\Council\ 1 <br /> Reso-320 <br /> FXS:rg <br /> 10~22~97 <br /> 10/29/97R <br /> <br /> <br />