AgdaPkt 2012-07-09 - Laserfiche WebLink

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7.B. - Page 3 A critical next step in the process is confirming the project description. The scope of the project needs to be clearly defined so staff can evaluate its environmental impacts against those analyzed in the Downtown Precise Plan EIR. It is likely that some technical studies, including driveway and intersection turning movement analysis, will be required. The developer is aware of these additional studies. Once the project description is complete, staff will complete an Initial Study, which will determine the level of environmental review required to process the project. After completion of the environmental analysis, the draft Disposition and Development Agreement and the environmental documents will be presented to the Planning Commission. The Planning Commission must make findings and recommend to the City Council the approval of the DDA. As noted earlier, essential to the DDA is a completed Schematic Design document, which will provide sufficient detail of the building material and construction for city staff and the project manager to assure the City gets the project it bargained for. The complete DDA, including a Schematic Design package, will likely take three months to complete. Staff and the developer have already met and are looking for ways to expedite this process. All parties agree that the addition of a project manager committed to the delivery of the project is critical. Also critical is the relocation of the Redwood Creek culvert. Both parties anticipate construction of the culvert project in early fall 2012 with completion by April 2013. Meeting these timelines better enable the developers to begin marketing and pre-leasing the office space. ALTERNATIVES Council may determine it does not want to negotiate a housing project with Lowe Enterprises for development of the Winslow Street parcel. Council may determine that a project manager is not necessary or appropriate for this project. FISCAL IMPACT There is no immediate fiscal impact to negotiate for the sale of the Winslow Street parcel. The fiscal impacts of contracting for project management services will be covered through a portion of the developer's deposit of $150,000 and through the proceeds of the sale of Block 2. ENVIRONMENTAL REVIEW These actions do not constitute a project under CEQA.