Reso13 PC 13-16 2898 PC Reso Recommending Stanford EIR Certification

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Finding: Tf�e proposed project's payment of its fair share toward the necessary impravements ident�ed in Mitigation 7-16 would mitigate the pro�ect's contribution to the cumuiative impact to a less-than-signif'cant level. Facts in Suppart of Finding: Implementation of Mitigation 7-16 would reduce the project's contribution to the cumulative traffic impact at the Douglas AvenuelMiddEefield Road intersection to a less-than-significant I�vel through the project's payment of its fair share (estimated tv be 23 percent) to a mitigation fund, or if in effect at building permit issuance, through payment of its City Traffic Empact Fee, to modify the sig�al phasing at the intersection. These facts are descrihed in Draft EIR chapter 7 (Transpartation, Circulation, and Parking) on pages 7-7 through 7- 70, Draft EIR appendix 21.3 (Supplemental Transportation Information), and Final EIR appendix A (5upplemental TrafFic Information), wt�ich are hereby incorporated by reference. Impact: Impact 7-17: Cumulati�e With Project lmpact on 2nd Ar+enuelBroadwsy intersection. Under Cumulative With Project conditions during the AM peak hour, the intersection would remain at LOS F, and the proposed praject could contribute up to 6.7 seconds of critical delay to the +ntersection. Mitigatian: Mitigation 7-17. To mitigate the significant cumulati�e impact at the intersection of 2nd Avenue and �roadway, the intersection would need to be signalized. With this improvement, the level of service (LOS) at this intersection would improve to acceptable L05 C during the AM peak hour. Traffic from the proposed project could add Up ta 6.7 seconds to the AM peak hour delay at this intersection o�er Cumulative No I'roject canditions (see Draft EIR Table 7.16); other Cumufative growth could add up to 89.8 seconds to tt�e delay over Near Term Na Project conditions. T�e proposed project would contribute its fair share ta a mitigation fund es#ablished to �ay for the cost of this improvement (estimated, based on the Draft EIR, to be 7 p�f�nt} at the time of issuance of a building permit or, if the City adds the improvement to its Traffic Impact Fee Program (TIF) project list, the proposed project would pay its Traffic Impact Fee in effect at time of paymertt and issuance of a building permit. Finding: The proposed project's payment af its fair share taward the necessary impro►►ements iden#ified in Mitigation 7-�7 woufd mitigate the project's contribu#ion tv the cumulative impact ta a Iess-than-significant level. Facts in 5upport of Fincling: Implementation of Mitigation 7-77 wau�d reduce the praject's contribution to the cumulative traffic impact at t�e 2"d AvenuelBroadway intersection to a less-than-significant le�el through the project's payment af its fair share (estimated ta be 7 percent)to a mitigation fund, ar if in ef#ect at building permit issuance, through payment o# its City Traffic Impa� Fee, to signal'tze the intersection. These facts are described in Draft EIR chapter 7 {Transparta#ion, Circula#ion, and Parlcing) on pages 7-1 thraugh 7-70, Draft EIR appendix 21.3 (Supplemental Transpa�tation Information}, and �inal EIR appendix A (Supplerrten#a!Tra##ic Information), which are hereby incorporated by reference. ATTY/RES0.2898/PC RE50 RECOMMENDING STANFORR EIR CERTI�ICATION REV:0&15-13 VR Page AQ af 56