Reso23-06 PC Reso Reso 0028 Approving 1201 Main with Conditions of Approval 04.18.2023

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ATTY/RESO.0028/PC RESO APPROVING 1201 MAIN WITH CONDITIONS OF APPROVAL REV: 04-18-23 VR Page 17 of 34 for bicycle and pedestrian improvements on Stambaugh Street between Main Street and Woodside Road. [SDR][PLANNING] 8. Grant Funding Contribution – Prior to Building Permit Issuance, the applicant shall pay to City $35,000, which funds shall be utilized to make the City’s contribution toward the San Mateo County Transportation Authority Grant Funding awarded for “Access to Downtown Bike Ways” to fund the design (Plans, Specifications and Estimates) of the Broadway Complete Streets Improvements. [SDR][PLANNING] Fees The following fees must be paid in full prior to issuance of the building permit unless otherwise described below. 9. Affordable Housing In-Lieu Fee – The applicant shall pay the Affordable Housing In-Lieu Fee for the project, calculated at $68,703.80. [SDR][HOUSING] 10. Housing Impact of Nonresidential Development. Pursuant to Redwood City Municipal Code Section 29.3, the Project’s nonresidential component is subject to the City’s Housing Impact Fee. Payment of the nonresidential development project housing impact fee shall be due prior to the issuance of the first building permit for the development. The fees shall be calculated based on the fee schedule in effect at the time the building permit is issued. [AHO][HOUSING]. 11. Public Art – Art in Public Places Fee – The project proposes over 50,000 square feet and must either provide on-site public art with a valuation of at least 1% of the construction valuation of the project or make a contribution to the City for its Art in Public Places Fund in-lieu of placing art on their project site. The in-lieu fee must be equal to a minimum of 1% of the construction valuation, or if public art is provided on site and does not reach this minimum, the project must pay the difference between 1% of the construction valuation and the value of art provided on-site, consistent with Chapter 45 Section 45.090 of the Municipal Code concerning Public Art. The applicant must either obtain an approved public art permit or pay the in-lieu fee prior to issuance of any building permit for the project. [COA][PARKS] 12. Transportation Impact Fee - Pay a Traffic Impact Fee for the net new trips resulting from the proposed project, estimated at $198,439 (subject to any credits allowable under Municipal Code Section 12.249 for existing uses). These fees must be paid in full prior to the issuance of each respective building permit. [SDR] [ENGINEERING] 13. Water and Sewer Fees – Pay applicable water, recycled water, and wastewater- related fees as outlined on the City’s website. These fees must be paid in full prior to the issuance of each respective building permit. [SDR][ENGINEERING] 14. Parks Impact Fee – Pay a Parks Impact Fee for the net new dwelling units resulting from the proposed project, estimated at $1,063,872 prior to building permit approval for ownership projects. [SDR][PARKS]