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<br />8A <br />Page 4 <br /> <br />Community District) zoning designation. The Precise Plan is a planning tool that defines <br />future development on the affected properties, and has been found to be especially useful <br />when there is a mixture of land uses. In brief, Precise Plans establish zoning standards <br />and design guidelines for properties within P Districts. A copy of the Precise Plan was sent <br />to the City Council under separate cover on January 10 and is available in the City Clerk's <br />office and on the City's website. Staff has received comments on the Precise Plan <br />document from both the Planning Commission and public, and has worked with the <br />applicant to prepare responses to these comments. In many cases, responses to these <br />comments have led to recommended text changes to the Precise Plan. Staff prepared a <br />Response Matrix: Precise Plan Comments and Revisions which includes the comments, <br />responses, and proposed revisions. This was sent to the City Council under separate <br />cover. Attachment 5 includes correspondence from the applicant's planners supporting <br />these revisions. <br /> <br />General Plan And Zoning Amendments <br />The current General Plan land use designations for the project site specify a mix of uses <br />including commercial, low and medium density residential, and a controlled waterway. <br />There is also a small portion of Urban Reserve land use designated in the vicinity of high <br />voltage transmission lines that traverse the northeast portion of the site. In order for the <br />proposed project to be entitled, the General Plan will need to be amended to allow school, <br />medium density residential, and open space land use classifications in a different land use <br />map configuration. <br /> <br />The current zoning for the properties is Tidal Plain (TP). TP is an open space category <br />which allows wetlands, parks, and agriculture. The Zoning will also need to be amended to <br />the Planned Community {P} District to entitle the project and correlate it to the proposed <br />Precise Plan. Refer to Attachments 1 and 2 which also include the existing and revised <br />land use maps. <br /> <br />Buyer Assistance Program <br />The applicant is not proposing any affordable housing within the project per se nor is staff <br />requiring it. At this time only residential projects located within the City's Redevelopment <br />Area require a minimum percentage of affordable housing units.4 Furthermore, this project <br />does not qualify as a competing project with Peninsula Park and thus will not affect the <br />affordable housing provisions associated with that project's development agreement, which <br />was approved by City Council on 12/17/07. <br /> <br />In lieu of a traditional affordable housing component, the applicant is proposing a "buyer <br />assistance program" that would be available to educational professionals such as teachers <br />and childcare providers. While details for the program have not been established, it would <br />likely consist of an interest rate buy-down and/or down payment with deferment of interest. <br />According to the applicant, this program would only be available if the Muted Tidal <br />alternative is selected by the State agencies and there is adequate funding to build the <br />school.5 It would not be offered if the Fully Tidal alternative is approved due to the <br /> <br />4 Projects within the redevelopment area require 15% of all units to be affordable. Staff will be working with <br />the Housing and Human Concerns Committee (HHCC) and the City Council to develop affordable housing <br />~uidelines for properties outside the redevelopment area. <br />State agencies must approve the specific type of levee improvements. The Muted Tidal alternative is less <br />costly than the Fully Tidal alternative and would provide the developer with additional funds to implement <br />