RES 92126 - Laserfiche WebLink

1. Development of the study area itself represents a change in character from the existing rural to a more suburban character. 2. Study area development also represents an encroachment of a suburban development pattern into the current residential pattern outside the study area, impacting residents to the south. This will result in an unavoidable change in the development character of this portion of the Happy Valley Loop. 3. Development of the study area would contribute to an unavoidable cumulative loss of open space and habitat area for plants and wildlife. B. Specific Considerations The City Council finds that the following social, economic and other considerations warrant approval of the project notwithstanding the above unmitigated impacts resulting from the project. 1. Social Considerations - The City will derive th~ following social benefits from the implementation of the project: a. Increase in housing opportunities in the City and the region at a time of high-housing need. b. Improve jobs/housing balance in the Tri-Valley area, reduce commute index, save commute time and energy expenditures and consequently improve the quality of life for those project residents so affected. 2. Economic Considerations - The City will derive the following economic benefits from the implementation of the project: a. Indirect increases in sales tax revenues and subventions to the City. b. Overall increase in the economic vitality and growth of the City. c. Improve jobs/housing balance in the Tri-Valley area, reduca commute index, save commute time and energy expenditures and consequently increase economic efficiency. 3. Environmental and Land Use Considerations - The City will derive the following environmental and land use