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<br />12/17/2007 <br /> <br />iv. Impact 7-15: Cumulative (2020) With Project Impact on the EI Camino <br />ReallWhipple Avenue Intersection. <br /> <br />v. Impact 7-16: Cumulative (2020) With Project Impact on the Veterans <br />BoulevardlWhipple Avenue Intersection. <br /> <br />vi. Impact 8-8: Project-Related Bird Collisions. <br /> <br />These impacts cannot be avoided or substantially reduced by feasible changes <br />or alterations to the Project, other than the changes or alterations adopted or provided for under <br />this Resolution. <br /> <br />b. OverridinQ Considerations. <br /> <br />This Council specifically adopts this Statement of Overriding Considerations, <br />finding that this Project includes all feasible measures that would eliminate or substantially <br />lessen the significant impacts of the Project on the environment, and that the remaining <br />significant, unavoidable impacts of the Project are acceptable in light of the environmental, <br />economic, social and other considerations set forth herein because the benefits of the Project <br />outweigh the significant and adverse impacts of the Project. This Council finds that each of the <br />overriding considerations set forth below constitutes a separate and independent ground for <br />finding that the benefits of the Project outweigh its significant adverse environmental impacts <br />and sets forth an overriding consideration warranting approval of the Project. <br /> <br />This Council has considered the Addendum and the FEIR, the public record of <br />proceedings on the proposed Project and other written materials presented to the City as well <br />as oral and written testimony at all public hearings and meetings related to the Project, and <br />does hereby determine that implementation of the Peninsula Park Project as specifically <br />provided in the Project documents would result in the substantial public benefits set forth below. <br /> <br />This Council has weighed the benefits of the proposed Project against its <br />unavoidable environmental risks and adverse environmental effects identified in the Addendum <br />and FEIR and hereby determines that those benefits, as outlined below, outweigh the risks and <br />adverse environmental effects and, therefore, further determines that these risks and adverse <br />environmental effects are acceptable. <br /> <br />(i) ProvidinQ New HousinQ. The Project would provide a site for up to <br />796 new housing units, a significant and much-needed addition to the <br />overall housing stock of the City, San Mateo County and the San <br />Francisco Peninsula as a whole, all of which have greater demand for <br />housing than they supply. The City, County and Peninsula housing <br />shortages are also growing more acute, with a trend of rising prices and <br />rents, forcing working families to spend more of their income on places to <br />live more distant from their work and communities where they have other <br />ties, such as family. To address this problem in a lasting way, more new <br />housing must be built, and the Project's infill site presents an opportunity, <br />rare in the County or on the Peninsula and irreplaceable in the City, to <br />develop a large number of new homes. <br /> <br />Atty/Reso/Reso.1772 <br />121707 <br /> <br />3 <br /> <br />14829 <br />Muff# 613 <br />