Reso25-02 0024 PC Reso 901 El Camino Real

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ATTY/RESO.0024/PC RESO 901 EL CAMINO REV: 04-11-25 VR Page 8 of 20 b. The Project DTPP amendments are limited to an increase in the Maximum Allowable Development office cap and will not create conditions that would be detrimental to the public health, safety, or general welfare. These amendments would instead enhance the DTPP area by promoting planned, transit-oriented development, including increased office, community space, and public open space consistent with the vision of the General Plan and the DTPP. The Project would reconfigure and redevelop an underutilized property located at a key intersection in Redwood City’s downtown, consistent with the community’s goals for revitalizing the area. The development would be required to comply with all applicable code requirements for building and fire safety and to mitigate environmental impacts to the extent feasible. Section 6. Affordable Housing Findings. The Planning Commission is able make the required findings to recommend approval of an Affordable Housing Plan (Zoning Ordinance Article 29.7(D)), Affordable Housing Partner, Land Donation, and Land Donation Agreement in substantially the form attached hereto as Exhibit 4 as an alternative means of compliance (Zoning Code Article 29.8 (H)) with the City’s Affordable Housing Ordinance. Specifically, based on the facts and evidence in the Record, the Planning Commissions finds that: a. Affordable Housing Plan (29.7(C)). The Affordable Housing Plan was prepared in a manner consistent with the requirements in Article 29.7 of the Affordable Housing Ordinance and is recommended for approval 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. Additionally, as part of the Project approvals and in compliance with Section 29.8(H)(8), the City Council will consider accepting an occupied site with improvements based on the submittal of an approved relocation plan for the residential households and for the non-residential tenants to be relocated as part of the Project, which relocation plan must demonstrate that adequate provisions have been made to provide for timely relocation of the residents and that there comparable replacement dwellings will be available in sufficient number, size and cost for eligible households. 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.