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ATTY/ORD.0018/CC ORDINANCE ADOPTING DEVELOPMENT AGREEMENT <br />REV: 10-28-2022 VR <br />Page 2 of 4 <br />WHEREAS, on November 1, 2022 at a duly noticed public hearing, the Planning <br />Commission made the required findings for approvals of the Development Agreement <br />and recommended approval of the Development Agreement to the City Council; and <br />WHEREAS, in compliance with the California Environmental Quality Act <br />regulations, on November 14, 2022, the City Council certified the Final Environmental <br />Impact Report for the Project, made Findings of Fact, adopted a Statement of Overriding <br />Consideration and adopted a Mitigation Monitoring and Reporting Program; and <br />WHEREAS, on November 14, 2022, the City Council adopted a General Plan <br />Amendment to change the land use designation of the Property to the Commercial-Office <br />Professional/Technology (CP) land use designation (the “General Plan Amendment”); <br />and <br />WHEREAS, on November 14, 2022, the City Council introduced an Ordinance to <br />amend the Redwood City Zoning Ordi nance to rezone the Property from Industrial <br />Restricted and General Industrial to the Commercial Park (CP) Zoning District (the <br />“Zoning Ordinance”). <br /> <br />NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />DOES HEREBY ORDAIN AS FOLLOWS: <br /> <br />SECTION 1. The recitals set forth above are true and correct and are hereby <br />incorporated herein by this reference as if fully set forth in their entirety. <br /> <br />SECTION 2. Pursuant to Government Code section 65867.5, the City Council finds <br />that: <br />(a) The provisions of the Development Agreement are consistent with the general <br />plan and any applicable specific plan. <br />Basis for finding: The Development Agreement provides for the development of the <br />Project as an office complex with ancillary improvements, which use is consistent with the <br />General Plan, as amended. <br />Further, the Development Agreement provides for 64 existing units to be set aside <br />for Extremely Low-Income Households and an affordable housing contribution in the <br />amount of $2,500,000. This is consistent with General Plan policy H-2.2 that supports <br />working collaboratively with nonprofit organizations, developers, neighborhoods and <br />State and federal agencies for the development, rehabilitation, preservation and retention <br />of affordable housing. <br />Funding for the Blomquist Bridge Project is consistent with Program BE‐68: <br />Blomquist Street Extension. Develop plans to extend Blomquist Street to East Bayshore <br />Road to provide a continuous roadway east of U.S. 101 between Woodside Road and <br />Whipple Avenue interchanges.