RES 99074 - Laserfiche WebLink

D. Additional City Services and Facilities. The City Council finds that the Project provides and enhances planned additional City services and facilities. For example. the Project will enable the City to: provide an adequate transportation system in the Project area by re-aligning Vineyard Avenue; provide for potable water in areas of the Project: improve water storage and water pressure; and upgrade sewer infrastructure to serve existing and new facilities and housing units through improvements to existing sewer lines, adding new gravity lines. and new pumping facilities. And. as noted above. the Project includes a new 20-acre community park. Fees collected from the development will be a source of funding for such public improvements, which include recreational amenities, affordable housing, streets. water and sewer systems, as well as schools. The City Council further finds and determines that the Project will enhance the City's ability to provide adequate services by providing increased property tax revenues from the residential and possible commercial development. The City Council therefore finds and determines that the unmitigated project impacts and cumulative regional impacts are outweighed by the ability to provide improved and additional Ci~, services and parks. E. Economic Benefits to the City. The City Council finds and determines that the Project will provide economic benefits to the City, including, but not limited to: (a) an increase in property tax revenues; (b) an possible increase in sales tax revenues and subventions, or transient occupancy taxes to the City; and (c) an overall increase in economic vitality of the City (including construction related jobs and payrolls over an extended period of time). The construction of up to 189 new housing units will increase the City's property tax revenues; or the option of Lot 28 to develop a 100oroom inrv'spa/restaurant/conference facility would increase transient occupancy taxes and/or sales taxes. And, the City will benefit from an overall increase in economic activity from the Project, including construction related employment. and possible hospitality/retail employment. The City Council therefore finds and determines that the unmitigated project impacts and cumulative regional impacts are outweighed by the economic benefits of the Project to the City. FINDINGS REGARDING PROJECT ALTERNATIVES Altemative 1: NO PROJECT. Altemative 1 represents the current conditions which exist in the Vineyard Avenue Corridor today, and assumes that the area would develop in a manner consistent with its current zoning, which would allow an additional 87 residential units. While there would be fewer impacts in terms of noise, traffic, air quality, and water and sewer demand due to fewer units, there could be greater impacts to visual resources because of a lack of design guidelines. Based on the facts set forth below, and the information in the Draft EIR and Final EIR, Chapter 5, the City Council finds and determines that the no project alternative is less desirable than the Project, and rejects the no project alternative for the following reasons: this alternative Exhibit B 3