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7.2.A. - Page 7 <br /> One Council Member referred to letters that Council received about traffic impacts and <br /> how the city will work with Stanford on the mitigations over time. Mr. Ekern said there <br /> are a series of places where they need to address traffic mitigation, which includes <br /> areas on Woodside, Broadway, Charter, and Bay. They made recommendations and <br /> improvements that will be funded by Stanford if Caltrans will agree to mitigations in the <br /> EIR (Environmental Impact Report) when certain parts of the Project trigger the need. <br /> Other improvements will be done over the course of the development and Stanford will <br /> contribute money into the traffic impact fund. This Council Member spoke in favor of <br /> informing the community that the city is and will be proactive in pursuing and focusing <br /> on the relationship with Stanford and Caltrans; Mr. Ekern agreed they will do what they <br /> can to effectuate this. <br /> Council Member Foust, as a Subcommittee Member, said they have been constantly in <br /> communication with the community. She spoke of having a proactive communication <br /> strategy and noted that Stanford has been out there with the Friendly Acres <br /> Neighborhood and the North Fair Oaks Community Council. They have spoken a lot <br /> and take things seriously in being clear in developing the development agreement, the <br /> Precise Plan, mitigations, and the EIR (Environmental Impact Report), which by nature <br /> is heavily monitored. <br /> Mr. Ekern introduced Mr. Steve Elliot from Stanford saying that he will share more <br /> information on how they have worked collaboratively with Caltrans. Mr. Elliot said that <br /> he and his Stanford University team have worked with City Council, Staff, the Planning <br /> Commission and community members to bring forward the long-term development plan <br /> for this property and it will be a win-win for everyone. He said that since their purchase <br /> of the property eight years ago, they have witnessed many changes in terms of <br /> Downtown redevelopment, the updated General Plan, and the Downtown Precise Plan <br /> that reflects the City's vision, execution, and achievement of various objectives and also <br /> creates a legacy which moves the City forward. He spoke about their commitment and <br /> investment in this Project, its significant benefits, and he also described the work they <br /> have done in reaching out, engaging, partnering, supporting, and becoming part of the <br /> Redwood City community. <br /> Mr. Larry Horton, Head of Stanford University's Government and Community Relations <br /> Office said this plan is special because it (1) marks the first time Stanford has looked <br /> outside of its current campus for a permanent location for its essential functions and (2) <br /> the reception by this city's leaders for Stanford's desire to become an integral part of <br /> Redwood City has been encouraging. He said they have worked with an eye towards <br /> community benefits and compatibility with its surroundings. They have developed a <br /> five-year plan that will enhance the City's efforts to enhance its business culture, <br /> entrepreneurialism, and economic development. <br /> Mr. Dave Weinstein, Stanford's Associate Dean, Graduate School of Business, spoke <br /> about the classes they will offer here, and how they have enjoyed working closely with <br /> city Staff to craft a unique set of programs that align their needs and the city's needs. <br /> They currently have about 20-open enrollment programs that focus on improving the <br /> leadership skills and business acumen of program participants. They are developing an <br /> entrepreneurial boot camp program for local Redwood City businesses, introducing a <br /> CITY COUNCIL September 9, 2013 <br /> MEETING MINUTES PAGE 7 <br />