Res82 9131 - Laserfiche WebLink

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identified in the final EIR with respect to transportation impacts also identified therein (EIR, Pp. 97-101) in that the estimated cost of such mitigation measures (viz., widening of the Bayshore Freeway [State Highway 101], El Camino Real, Whipple Avenue, and Woodside Road, and construction of improvements for the Holly Street and Whipple Avenue interchanges) are not reasonably within revenue projections of said Department of Transportation or regional agencies nor are they likely to be included in anticipated construction projects thereof in the foreseeable future. Notwithstanding the foregoing considerations, this Council further finds that the evidence of the anticipated effects of traffic is not fully conclusive in that it is based upon conservative assumptions and projections. Further, there is no clear and convincing evidence that regional, state, or other jurisdictions would not respond to alleviate the effects of traffic generated by the Project or by other development outside the jurisdiction and control of the City of Redwood City. I. The aforementioned traffic effects and any other remaining unavoidable significant effects on the environment not hereinabove or in the EIR addressed as having been reduced to an acceptable level shall be, and hereby are, found acceptable by reason of the overriding considerations hereinafter described. J. This Council has balanced the benefits of the proposed project against the aforesaid unavoidable environmental risks ln determining whether to approve the project. This Council hereby finds that the following overriding considerations require approval of the project notwithstanding the occurrence of the aforesaid significant effects which cannot reasonbly be mitigated: (1) The Project will provide new housing consistent with and in furtherance of the housing element of the Redwood City General Plan which is necessary to meet increasing and unceasing demands therefore in the City of Redwood City. Further, a substantial portion of said housing will be multi-family and therefor potentially affordable for persons of moderate economic means (See, also, EIR, Pp. 121, 133, 140 and 202). (2) The Project will strengthen the local and regional economic base, and stimulate the local and regional economy through the creation of new businesses and employment opportunities in that it provides for substantial commercial, office, and research and development activities. Such economic support is necessary to meet both present and future population demands locally and regionally. (3) The Project is consistent with surrounding and existing development in the community and constitutes appropriate "infill" development. Since it is highly probable that population demands for additional development in the region and within Redwood City will continue, the proposed project will cause less effect upon the environment 6 9131