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61 Item 14b PUD-81-30-27M, PUD-85-8-9M Application for a major modification to the governing Hacienda Business Park PUD's to 1) modify the site development standards contained with Table B-1 of the Park's Design Guidelines to increase the flexibility of the building type constructed on any lot and to reduce the off-street parking requirement; 2) chan_~e the land use desigxlation for about 130 acres to allow either office or commercial uses; 3) change certain conditions of Ordinance No. 1325 to modify the traffic requirements for future development proposals; and 4) modify the existing development agreement to provide for the proposed changes, reserve sewage capacity, and provide for other infrastructure. The proposed project would involve 30 separate lots located within the Hacienda Business Park. The zonin~ for this property is PUD (Planned Unit Development) I/C-O (Industrial/Commercial Office) District. (SR93:219) Also consider adoption of a Negative Declaration Mr. Swift presented the staff report. Mr. Roush pointed out that the proposed ordinances which would adopt these amendments to the development agreements and to the Planned Unit Development will have a termination clause of March 31, 1994 unless the City has either refunded certain non-limited obligation bonds or the non-limited feature of these bonds has been reduced or eliminated. Ms. Scribner asked how staff determined the per seat or per square feet measurements. She then asked why the amendments are tied to the bonds. Mr. Swift stated that the City 's standard regulation is either square foot or per seat basis. (One space per 150 square feet). The square foot basis is more flexible. Mr. Roush indicated that the City wants to eliminate there non-limited obligation bonds and Prudential has agreed to hep. The March, 1994 deadline will motivate Prudential. Ms. Dennis asked if these changes would impact the traffic on Owens Drive at Hopyard. Mr. van Geltier explained that the proposed change would not have a significant impact on what it was before. Staff has tried to control the amount of traffic at the same level as it is to date. If the properties were designated Commercial, traffic would peak more during the day rather mornings. Mr. Swift pointed out that mitigation measures are already identified for the Hopyard/Owens intersection. Mr. Pico was concerned that Prudential has agreed to limit the residential development on the 280 acres but there was no mention of this in the staff report. He asked staff to clarify what the understanding is regarding this matter. 06/01/93 7