AgdaPkt 2013-09-09 - Laserfiche WebLink

Browse Search

• Economic Development in the form of executive education and ent7.A. - Page 253 training programs for Redwood City residents, businesses and City staff through the Stanford University Graduate School of Business in the amount of $5,000,000 • Partial funding for a multi-use recreation and wellness center at Red Morton Park in the amount of $1,000,000 • Funding toward the summer concert series in the amount of $250,000 • City of Redwood City Educational Foundation payment in the amount of $250,000 • Contribution toward the cost of the City's evaluation of potential changes to the roadway configuration for Broadway to accommodate a potential future streetcar, bicycle lanes, and/or parallel parking in the amount of $75,000 • Design and improvement of Publicly Accessible Private Open Space (2.4 acres adjacent to Spinas Park) Stanford University is deepening its commitment to the community through its build-out next to Stanford's Medical Clinics and providing substantial monetary and other community benefits that the City could not otherwise have required. In exchange, the City is assuring that Stanford will be allowed to build out its project over the course of 30 years without worry that a future City Council could exercise its authority in such a manner that would prevent Stanford from fully realizing its project. Accordingly, the DA provides that when the project is presented, the City will regulate the development largely by reference to consistency with the Precise Plan instead of through its land use powers as articulated in the Zoning Code. ENVIRONMENTAL REVIEW AND STATEMENTS OF OVERRIDING CONSIDERATION Draft Environmental Impact Report (EIR) The City prepared a Draft Environmental Impact Report (EIR) for the Stanford in Redwood City Project pursuant to all relevant sections of the California Environmental Quality Act (CEQA). The EIR is intended to inform City of Redwood City decision- makers, responsible agencies, and the general public of the potential environmental consequences associated with the proposed Project. The Draft EIR for the Stanford in Redwood City Project identified that the Project would have potential significant impacts in the areas of transportation, air quality (construction), utilities, hazards and hazardous materials, noise, cultural and historic resources and geology and soils. All of these impacts can be mitigated to less-than-significant levels in conformance with applicable standard measures and project-level mitigation measures identified in the EIR except for the significant unavoidable transportation, air quality and historic resource impacts summarized below. Furthermore, the Zoning Text Amendment set forth in Resolution 13- 17 (per recommendation #2 referenced above) is considered exempt from the California Environmental Quality Act. The Planning Commission is being asked to recommend that the City Council certify the Final EIR, make certain findings of fact and adopt a Statement of Overriding Considerations stating that the merits of the Project outweigh the Project's significant unavoidable impacts identified below and in Attachment 1, Exhibit C. A. Transportation- Intersection and freeway segment impacts: 1. Impact 7-1: Woodside Rd./Broadway Intersection (Existing Plus Project);