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be constructed at a height which would be unacceptable to the City, the Developer and <br /> Ponderosa. Ponderosa's consultant worked with Jetter to determine an alternative site plan and <br /> Net design which would enable the Developer to proceed with a viable phased project. <br /> 3. The result of the design and negotiations between the Developer, <br /> Ponderosa, ACF and Jetter is the proposal for a two-phased project. Phase One will consist of a <br /> 16-lot subdivision to be protected by the Net which will range in height from 40 to 50 feet and <br /> will protect Phase One from golf balls. Phase Two of the project will consist of a 3-lot <br /> subdivision which will be developable upon the earlier of the date the Jeffers cease Range <br /> operations or when the Jetter lease with ACF expires, which is anticipated to occur on or about <br /> August 15, 2034. <br /> 4. The Developer, Ponderosa and Jetter have reached a separate agreement <br /> whereby the Jetters agree to support the approval of the Application, the forbearance of any legal <br /> action against Jetter by the Developer,the construction and maintenance of the Net on the ACF <br /> property and Project Site and the disclosure of the Range and related issues to Ponderosa's future <br /> home buyers. <br /> D. City has undertaken several actions to meet its obligations to review the <br /> Ponderosa application and to approve residential uses on the Project Site. These include, without <br /> limitation,the following: <br /> 1. CEQA Compliance. A Supplemental Environmental Impact Report <br /> (SEIR) was prepared for the Housing Element update in 2011. The Project Site was part of that <br /> Housing Element update. The Application is substantially consistent with the 2011 Housing <br /> Element update, which was analyzed in the SEIR. No new information or changed <br /> circumstances have occurred that would require supplemental environmental review, pursuant to <br /> California Environmental Quality Act(CEQA) Guidelines §15162. <br /> 2. Planned Unit Development. Following review and recommendation by <br /> the City Planning Commission and after a duly noticed public hearing,the City Council, by <br /> Ordinance approved a Planned Unit Development("PUD") development plan for the <br /> Project Site (the "PUD Development Plan"), which rezoned the Project Site to allow for the 19- <br /> lot subdivision in two phases. <br /> 3. Growth Management Agreement. Following review and approval of the <br /> PUD Development Plan by the City Council, by Resolution No. determined that it is in the <br /> best interests of the City to approve a Growth Management Agreement covering the Project Site. <br /> 4. Affordable Housing Agreement. Following review and recommendation <br /> of the Housing Commission and after a duly noticed public hearing,the City Council approves <br /> Ponderosa's application to utilize eight(8) Inclusionary Zoning Credits that it owns from the <br /> previously approved Ironwood Development (Approved under PUD-18 Ordinance No. 1866 and <br /> Affordable Housing Agreement dated August 6, 2003, as amended) in order to meet the <br /> Inclusionary Zoning requirements for the proposed subdivision. <br /> 2 of 10 <br />