AgdaPkt 2011-09-12 - Laserfiche WebLink

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6. 1. F. - Page 1 REPORT To the Honorable Mayor and City Council From the City Manager September 12, 2011 SUBJECT Subdivision Final Map - One Marina Phase I Condo Map RECOMMENDATION By motion, approve the Final Map for 56 condominium units, accept the dedication of a Public Service Easement and Emergency Access Easement, approve the Covenants, Conditions and Restrictions, approve the Landscape Maintenance Agreement, approve the Stormwater Treatment Measures Maintenance Agreement, and authorize the City Manager to execute all related documents. BACKGROUND R.C. Peninsula Park, LLC is the Owner of Record of the properties located at 650 through 660 Bair Island Road, Redwood City, California. On December 17, 2007, City Council approved the Development Agreement and Precise Plan for the Peninsula Park development project. On July 20, 2010, a Vesting Tentative Map was approved by Planning Commission for a multi - family residential development that will include 231 townhome (condominium) housing units, 10,000 square feet of retail space, and a 200 room hotel. The first 4 -lot subdivision was approved on June 13, 2011 to allow construction phasing, a unique parcel for the hotel, and the configuration of three parcels for future residential subdivision. ANALYSIS This is a Final Map approval to subdivide the second of the original four parcels into 56 condominium units. The Final Map is submitted to both the City and the State's Department of Real Estate for approval. Acceptance of the Final Map includes the City's acceptance of all offers of dedication as shown on the map and as required by City codes. Dedications include public service easement, emergency access easement, and public access easement. The remaining 175 housing units and hotel will be submitted for consideration and approval to City Council at a later date. Additional final maps are anticipated for the hotel parcel and any resubdivision. There is no improvement agreement associated with this final map because the provisions that would be covered in the agreement are covered in the master development agreement and the provisions in the Acquisition and Reimbursement