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78 Page 14 The project will require City Council approval of a General Plan Amendment since the proposed University-related administrative office and medical land uses are inconsistent with the existing "Light Industrial" (Research and Development) General Plan land use designation for the site. A Zoning Map Amendment is also needed because office uses are inconsistent with the site's existing "IR" (Industrial Restricted) Zoning District purpose: "To promote viable industrial areas by providing a district for the location of selected industries, wholesale establishments, specified retail establishments. and heavy commercial uses which can congregate together without offense to each other or to neighboring districts, yet which, because of the nature of their operations. cannot maintain standards as high a~ those requ~red in .the IP Dist~ic~.. The zo..g ip~ district is intended to preserve land for a WIde range of mdustrlal uses by IImltmg offi.~US~." Environmental Review . . . .. ./'<,:., The Stanford University project would triple the building sq~~'re foota"g~ of an existing 35-acre portion of an industrially-zoned campus for University-r~laf~ adminlstt.;l~jve office purposes (and to a lesser extent for medical clinic and R&D usesJ( . .. . i;,,'" ... '. >. ... . . . . . .. Staff has determined that an Environmentallmpa ':~port is ~cessary to identitYh~'(;&luate and mitigate potential environmental impacts that ";~~ assol;i~ed with StanfoidUniversity's proposed campus demolition and rebuild project, inck@;ngasPeclal focus off. among other items, potential traffic/circulation impacts to the surrounding;~ighborhood and the locallregional roadway network and the City's limited ~~~r supply and sewet;f~pacity. Work Tasks to be Performed .......'o';:;.i/ The report should provide the following fiscal andeci)HC)(T1ic Ispec~I'studies impact analyses for the Stanford University Project ("the Project"}: .......... . 'F . - '. ..., .. .... .-...... . ". ... - .... . . ",. .. ... ..... (It should be noted thatasa<ql.J~i-public noni>rofit instittition, Stanford University is exempt from the payment o~p~rty taxe$~nd School Ois,~rict fees.) ~ ...~'::....:.. :.: ~.:.' ":-. - . ~ . : .. . . - . . Fiscal Analysis: <...<i'<>. . ; Prepare a (fis~)l~~enue an~'ysis<comMtjOO~ (fiscal) potential revenues attributed to the proposed S1ariforq:l)iliversity94ministrativeOffice uses (75% to 80%), research and develop- ment use$(10% to15%)~d med!~l,clinic uses (10% to 15%) to those displaced (business) reve -~from existing offie~researCij\~' development (537,000 square feet) users and for lost tutu busirt~ss opportunitiesi"cluding;'but not limited to, the following: ".":-: ....'...:ff .... '". . .... ... . . .... .. . '" Your report shPlliQ, analyze t~Jmpact of the Stanford University project on: 1. PropertY'~ paym,l'its to the City of which a portion would otherwise fund local services arid:g9velJlt1hental functions; 2. Sales tax gene~n/revenues (i.e. from displaced revenue generators. any business to business tax. ~ (lost business) opportunity costs, etc.); 3. Utility user fax payments/revenues without a cap. Redwood City currently has a $50.000 cap for single payers; consequently, the study should evaluate the fiscal effects of waiving this cap; 4. Point of sale billing losses that might result if transactions are recorded at the main University campus in Palo Alto (i.e. the need for Stanford University to use Redwood City as its point of sale billing address for use taxes, cell phone taxes. etc.); 5. City police and fire service and equipment costs (police traffic and crime patrol; fire & emergency services and equipment needs (new trucks with ladders needed to service taller buildings), etc.