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THE CITY OF 11 p Sf�NTONo CITY COUNCIL AGENDA REPORT 1 March 3, 2015 Community Development Planning Division TITLE: PUD-108, BRADLEY BLAKE, BHV CENTERSTREET PROPERTIES, LLC — CONSIDER INTRODUCTION OF AN ORDINANCE APPROVING AN APPLICATION FOR PLANNED UNIT DEVELOPMENT (PUD) DEVELOPMENT PLAN TO CONSTRUCT AN APPROXIMATELY 112,000- SQUARE-FOOT SHOPPING CENTER AND RELATED SITE IMPROVEMENTS ON APPROXIMATELY 11.5 ACRES OF THE RETAIL/COMMERCIAL SITE AT STAPLES RANCH SUMMARY The application is for a PUD Development Plan to develop an approximately 112,000 square- foot shopping center consisting of five buildings anchored by a 30,000-square-foot Major Tenant/Grocery store, and related site improvements on the Retail/Commercial site at Staples Ranch. PLANNING COMMISSION RECOMMENDATION On February 11, 2015, the Planning Commission recommended approval of the PUD development plan subject to conditions shown in Exhibit A (Attachment 1), and as modified at the hearing. RECOMMENDATION 1. Find that the previously prepared Environmental Impact Report (EIR) and Supplemental Environmental Impact Report (SEIR), including the adopted California Environmental Quality Act (CEQA) Findings and Statement of Overriding Considerations, are adequate to serve as the environmental documentation for this project and satisfy all the requirements of CEQA; 2. Find that the proposed PUD development plan is consistent with the General Plan and the Stoneridge Drive Specific Plan Amendment/Staples Ranch; 3. Make the PUD findings for the proposed development plan as stated in the February 11, 2015, Planning Commission staff report (pages 17-19 in Attachment 4); and 4. Introduce the draft ordinance approving Case PUD-108, PUD Development Plan, subject to the conditions of approval, Exhibit A (Attachment 1). FINANCIAL STATEMENT The project is expected to generate property and sales tax revenues that exceed the cost of public services for the project, and the applicant would be required to pay development impact fees (e.g., public facilities fee, traffic fees, water/sewer connection fees) that are used to offset the cost of new City facilities and infrastructure necessitated by the development and also as provided by existing funding and development agreements between the City and the Alameda County Surplus Property Authority.