AgdaPkt 2013-09-09 - Laserfiche WebLink

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7.A. - Page 9 aging industrial property. Stanford brings the cachet of a major center of learning and innovation to a city focused on the values of education and creativity. Zoninq Amendments Zoninq Map Amendment The Stanford in Redwood City project conforms to the City's General Plan Commercial Office and Public/Quasi-Public (Hospital) land use designations, but it does not conform to the existing "IR" (Industrial Restricted) zoning district designation. The proposed Stanford in Redwood City Precise Plan is a zoning document that requires a Zoning Map Amendment to change the Project Precise Plan Area (Precise Plan Blocks A-G) from the existing "IR" (Industrial Restricted) zoning district to "P" (Planned Community) zoning district. The zoning change will allow, among other things, a Floor Area Ratio of 1.0, consistent with the Project Precise Plan Area General Plan designation, where the IR District currently only allows a 70% FAR for permitted uses and 35% FAR for conditional uses. Zoninq Text Amendment The zoning text amendment adds language to Article 52 of the Zoning Code to allow for alternative procedures and findings when a precise plan is accompanied by a development agreement=. Budget Amendments Staff also recommends that the City Council amend the Adopted FY 2013-14 Budget to appropriate funds due to the City within 30-days of execution of the Development Agreement for Neighborhood Street Enhancement Program (($150,000), Stormwater Improvements ($1,000,000), and Broadway Road Configuration ($75,000). This action will enable the City to move expeditiously to implement these projects and programs without need of future action by the City Council to appropriate the funds as they are provided by Stanford University in accordance with the Development Agreement. ENVIRONMENTAL REVIEW The Stanford in Redwood City Precise Plan and all associated actions are subject to the California Environmental Quality. As discussed above more fully, the City, as the lead agency, prepared an Environmental Impact Report for the Stanford in Redwood City Precise Plan. Certification of the Environmental Impact Report for the Stanford in Redwood City Precise Plan is included in the City Council's actions. The Planning Commission supported the recommendation from the HRAC that three elements in the Plan area be considered as locally significant resources. The three elements are: the Ampex sign, Warnecke plaza and fountains, and the 425 Broadway building. Because of changes to these elements over the years, the historic consultants did not believe they were eligible for national or state designation, but the HRAC recommended they be considered valuable to the local community. Resolutions are attached that enable the City Council to either uphold the Planning Commission's recommendations, or disregard the Commission's actions with regard to any one or more of the three elements. 9