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ATTY/RESO.0034/CC RESO APPROVING PROJECT (901 EL CAMINO REAL) REV: 04-22-25 VR Page 6 of 17 Section 2. The City Council, having independently heard, considered, and weighed all the evidence in the Record, finds that the above recitals are accurate and constitute findings in this matter and, together with the Project Record, have served as an adequate and appropriate evidentiary basis for the findings and actions set forth in this Resolution. Section 3. CEQA. In the exercise of its independent judgement, based on the facts and evidence in the Record, the City Council concurrently adopted a Resolution finding that, pursuant to the CEQA Consistency Checklist, the Project is exempt from further environmental review pursuant to Public Resources Code Section 21083.3 and CEQA Guidelines Section 15183, and does not require further environmental review under CEQA. Section 4. Affordable Housing Findings. The City Council is able make the required findings to approve an Affordable Housing Plan (Zoning Ordinance Section 29.7(D)), Affordable Housing Partner, Land Donation, Land Donation Agreement in substantially the form attached hereto as Exhibit C as an alternative means of compliance (Zoning Ordinance Section 29.8 (H)) with the City’s Affordable Housing Ordinance, and a Relocation Plan. Specifically, based on the facts and evidence in the Record, the City Council finds that: a. Affordable Housing Plan. The Affordable Housing Plan, attached as Exhibit B was prepared in a manner consistent with the requirements in Article 29.7 of the Affordable Housing Ordinance and can be approved because: i. The proposed land donation meets the applicable standards in Article 29 including the land donation requirements at Section 29.8 (H) and further described in Section 6.c of this resolution. ii. The proposed land donation for affordable housing will mitigate the impact of the Project on the need for affordable housing as the value of the Affordable Site is greater than the Affordable Housing Impact Fee required to be paid for the Project. iii. The Applicant and Affordable Housing Partner, as part of the Affordable Housing Plan, have submitted to the City evidence that a viable financing plan is in place evidencing the financial feasibility for the construction of the affordable units on the Affordable Site. iv. The Affordable Site is consistent with the Housing Element, General Plan, and Zoning and will not cause residential segregation. b. Qualifying Designee. The Affordable Housing Partner is a City-approved Qualifying Designee as defined in the Program Guidelines because: