Res20 15908 - Laserfiche WebLink

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7. Community Benefits — The project includes required community benefits to achieve maximum height and density on Parcels C, D, and E pursuant to the MUT Community Benefits Program (Required Community Benefits), and additional community benefits offered by the applicant as part of the Project (Additional Community Benefits) as described below. Required Community Benefits —the applicant shall provide: Child Care Facility serving a minimum of 60 Pre -K children and at least 8,000 sq. ft. of interior space (Parcel B). As noted by the applicant, the facility shall be provided at no rent to the provider to encourage subsidized child care spots for the community or specialized programing. Construction shall be completed prior to certificate of occupancy of Parcel B. b. Public Open Space totaling 40,000 sq. ft. and including the plaza at the corner of Chestnut and Main streets (Parcel E), the plaza at the corner of EI Camino Real and Maple streets (Parcel A), the creek walkway connecting EI Camino Real and Lathrop streets (Parcel A), and the railroad walkway connecting Chestnut and Main streets (Parcel Q. Completion shall occur prior to certificate of occupancy of each associated building on that parcel. Housing totaling at least 50% of the development and comprised of 540 residential units, including 147 affordable units on Parcel A (134 market rate/59 affordable), Parcel D (199 market rate/50 affordable), and Parcel F (38 affordable units/1 manager's unit). These residential units have been approved for use as a multiple -unit dwelling only. Lodging is prohibited. d. Redwood Avenue Traffic Calming from EI Camino Real to Hudson Street and including bulb outs, speed humps, and crosswalks as reviewed and recommended by the Transportation Advisory Committee. Construction shall be completed no later than one year after issuance of the first building permit for the project or prior to certificate of occupancy of the first building (including temporary certificate of occupancy), whichever occurs first. Additional Community Benefits Proposed by Applicant —the applicant shall provide:_ e. Community Garden at the southwest corner of Lathrop and Maple Street. Improvements shall be installed by the applicant and at the applicant's expense, including but not limited to fencing, landscaping, softscape, planter boxes, irrigation, and associated structures provided that the applicant or City is able to secure rights to make these improvements prior to completion of the Project (final certificate of occupancy for the development). The Applicant is not obligated to purchase the property, which must be acquired no later than six months prior to issuance of the final certificate of occupancy, as determined by the City. If this timeframe is not met, the applicant may provide a check for the improvements in an amount determined by the City, but shall be between $600,000 and $750,000. Main Street Dog Agility Park Expansion on Beech Street adjacent to the existing Main Street Dog Agility Park. The right-of-way interest in Beech Street between Main Street and the railroad track as identified on the Vesting Tentative Map shall be vacated by ATTY/RESO.0125/PC RESO SOUTH MAIN MIXED USE PROJECT—ENTITLEMENT RESO. NO. 15908 REV: 11-03-2020 PR MUFF NO. 601 Page 14 of 38