AgdaPkt 2007-08-27 - Laserfiche WebLink

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7B Page 4 of the Industrlai Park — Vehicular Combining District (IP-V) and General Commercia! (CG) Zoning Districts to a "P" (Planned Community) District. The City must afso rnake speciaf findings that the Precise P1an demonstrates three or more of the following features in order for it to exceed the maximum 40 units per acre. These findings are: �. Superior mixed use design 2. incorporation af affordabie i-�ousing 3. Incorporation of pubiic or community facilities (e.g. provides improved public to access Redwood Creek) 4. Transportation demand management 5. Innovative use of shared parking 6. Efficient and innovative use of i�frastr�cture and renewable resources (e.g. provides a connection between Downtown and the Bayfront) �nvironttSent�ai r��vi�vv An Initial StudylMitigated Negative Declaration {!S/MND) was prepared in accordance with CEQA for the Precise Plan. The environmental review concfuded that af[ potentially significant impacts can be reduced to a less than significant level with the impfementation of mitigation measures. The Planning Commission adopted the fSIMND at its Apri1 17, 2007 meeting, maicing the required CEQA findings. Ths Ciry Councii is required to adopt a Mi#igation Monitoring and Reporting Program (MMRP) for the Precise Plan to ensure that the mitigation measures, which are designed to mitigate or avoid significant impacts, are implemented. The MMRP is included with the Resolution to approve the North Main Street Precise Plan. ALTERNATIVES The City Council may choose not to amend the General Plan land use designation from Commercial — 4ffice Par{c to Commercial Office - Mixed Use - ResidentiaL The G�ty Council may also choose not to amend the Zoning Map from Indu�trial Park—Veh;c��!ar combining district {IP-V} and Genera! Commercial (CG) Zoning Distric#s to a Pianned Community ("P") District. The City Council may also choose to not adopt the North Main Street Precise Plan or adopt it with revisions. FISCAl. IMPACT If approved, the Precise P1an wilE allow for residential development, which could generate a substantial increase in property fiaxes from the 333 Main Street parcel. Design, canstruction and maintenance of the creek trail by the City is a po#ential future impact. Staff does not anticipate all of these properties to redevelap simultaneously, therefore, the City may incur same of the costs of providing and maintaining this amenity over t9me. The creek trail is an open space feature that the public has been requesting and development within the plan area appears to offer a prime oppartunity ta inifiiate the process of establishing this amenity. Also, the provision of affordable housing by private development would help support the City in meeting housing requirements without requiring City or Redevelapment Agency subsidy.