AgdaPkt 2021.02.08 Joint SA PFA - Laserfiche WebLink

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8.A. - Page 3 of 154 described within the proposed minor amendment to the DA. The developer's engineer has prepared off- site plans for the complete extension of Blomquist Road as required by the terms of the DA. The developer, 1548 Maple LLC, has posted Performance and Labor Security Bonds in the amount of $19,859,000 and $7,022,000 as required by the Subdivision Improvement Agreement. The developer anticipates completion of all improvements by the end of 2022. All work associated with the project is being paid for by the developer, within the terms specified in the DA. Covenants, Conditions, and Restrictions (CC&R's) were reviewed by staff. FISCAL IMPACT There is no fiscal impact to the City as a result of this action. ENVIRONMENTAL REVIEW On May 7, 2018, City Council adopted a resolution certifying the Final Environmental Impact Report for the 1548 Maple Street Project, adopting CEQA findings and a Mitigation Monitoring and Reporting Plan, in accordance with the requirements of the California Environmental Quality Act. PUBLIC NOTICE Pursuant to the California Streets & Highway Code, Section 8320 et seq., the City published and posted notice of this public hearing as required. Notices were published in the Daily Journal on January 25, 2021, and February 1, 2021. At least two notices were conspicuously posted, no more than 300 feet apart, at the site of the proposed vacation. Additionally, the City sent notices to owners of property within 300 feet of the proposed vacation and owners of affected utilities. ALTERNATIVES The City Council may choose not to approve the street vacation or the subdivision map and associated agreements for the project, which would be contrary to the approved Vesting Tentative Map and DA. ATTACHMENTS Attachment A — Resolution to vacate right-of-way being a portion of Maple Street Attachment B — Final Map 2019-002 Attachment C — Agreement for Exchange of Real Property Attachment D — First Minor Amendment to the Development Agreement, 1548 Maple Street Attachment E — Subdivision Improvement Agreement, 1548 Maple Street Attachment F — Landscape Maintenance Agreement, 1548 Maple Street Page 3 of 4 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcitV.org 215