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Page 5 Stanley Boulevard, pad sites with buildings near the street frontage and facing Stanley to the extent practicable. The environmental analysis will include a preferred alternative with development standards consistent with this shared vision such as: floor area ratio between .35 and .50; front setbacks of twenty feet, no side yard setbacks, and height maximums of three stories on Nevada Street and two stories on Stanley Boulevard. For properties developed with a building wall along the Nevada Street/sidewalk with parking in the rear, the parties contemplate that the site design would include attractive pedestrian walkways between the sidewalk and the parking areas designed to provide access to multiple buildings, supportive of the face front design. These development standards are intended to encourage pedestrian orientation to nearby uses and by way of the arroyo trail, to downtown. 8. Residential. The Property Owners are not asking for or expecting residential zoning. If the City, in its discretion, creates a mixed use zoning district including residential, the Properties will be considered as a possible location for that mixed use zone. 9. Parcel Map. It is contemplated that a development agreement for the Zia Property will provide for the City to create the Nevada Street right of way parcel by parcel map or parcel map waiver such that the two remainder parcels bisected by the Nevada Street right of way are separate legal parcels. Agreed: Jeanette Irby, Trustee Date Irby Family Trusts Agreed: Zia Corporation, Date By: Linda Bottarini Authorized Agent Agreed: ACHF Kaplan L.P. Date By: Executor: Estate of Al Kaplan Managing Partner and Authorized Agent Agreed: