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� <br /> �v �S�c�..�, � I�o /�°r �, $ _ a <br /> 1 <br /> The proposed Zoning Text Amendment could result in positive fiscal impacts. In the case <br /> of Abbott, tne retention of cnelvlanne science insfitute at�his iocafion probably does not <br /> have a significant fiscal impact for the City. However, other future developments might <br /> provide various types of open space to obtain a floor area ratio bonus, such as playing <br /> fields for public use. in such a case, this wouid be a positive fiscal impact for the Cir� since <br /> it is very expensive and in most cases infeasible for the City to development new open <br /> space resources for the community. <br /> Conclusion <br /> The proposed Zoning Map and Zoning Text Amendments are recommended by the <br /> Planning Commission and City Staff. The Zoning Map Amendment wili enable Abbott <br /> Laboratories to build a 541,000 square foot campus for research and development. The <br /> Zoning Text Amendment will enable Abbott Laboratories to retain the Marine Science <br /> Institute within their plan area and will provide an incentive to future development to <br /> provide child care and/or other amenities that will benefit the pubiic. <br /> /� � <br /> ill Ekas, I P / ruce Liedstrand d Everett <br /> Senior Planner �2 Director, Community Development Services City Manager <br /> Attachments <br /> 1. Draft Ordinance for Zoning Map Amendment <br /> 2. Draft Ordinance for Zoning Text Amendment <br /> 3. Planning Commission Staff Report and Minutes — February 10, 2004 <br />