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HomeMy WebLinkAbout7712 RESOLUTION NO 7712 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS APPROVING THE SOCIO-ECONOMIC COST/BENEFIT STUDY FOR THE SUBDIVISION OF APPROXIMATELY 11 97 ACRES INTO FORTY SINGLE FAMILY RESIDENTIAL LOTS AND TWO LETTERED LOTS WHEREAS, SAM Redlands, LLC has filed applications for Annexation No 94, Zone Change No 454 and Tentative Tract Map No 19942 with the City of Redlands for the annexation and subdivision of approximately 11 97 acres into thirty four (34) single-family residential lots and four (4) lettered lots located on the east side of Wabash Avenue, north Sylvan Boulevard, in the unincorporated San Bernardino County RL-5 (Rural Living — 5 Acre Minimum) (Proposed change to R-1, Single Family Residential District upon annexation (the "Project"), and WHEREAS, on February 28, 2017, the City of Redlands' Planning Comninission held a noticed public hearing at which interested persons had an opportunity to testify in support of, or in opposition to, the Project and at which the Planriing Commission considered the Project, and WHEREAS, a copy of the Socio-Economic Cost/Benefit Study and related materials for the Project that were reviewed by the City of Redlands' Planning Commission in making its reconartendatmon for approval have been forwarded to the City Council, and WHEREAS, the City Council held a duly noticed public hearing on March 21, 2017, at which City staff and members of the public had the opportunity to provide verbal and written testimony on the Socia-Economic Cost/Benefit Study for the Project, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDLANDS AS FOLLOWS SECTION 1 The City Council of the City of Redlands hereby approves the Socio- Economnmc Cost/Benefit Study for the Project based upon the following findings A THE PROJECT WILL NOT CREATE UNMITIGATED PHYSICAL BLIGHT WITHIN THE CITY OR OVERBURDEN PUBLIC SERVICES INCLUDING, WITHOUT LIMITATION, THE SUFFICIENCY OF POLICE AND FIRE PROTECTION SERVICES The Project will not create significant uninmtigatable physical blight in the City of Redlands ("City") or overburden public services, including without limitation police and fire protection services, because the mitigation measures for enviroinnental impacts, described in the study, have been added to the Project as Conditions of Approval The Project consists of Aimexatmon No 94, Zone Change No 454, and Tentative Tract Map No 19942 for the subdivision of approxi nately 11 97 acres consisting of thirty four (34) single-family residential lots and four (4) lettered lots 1 I\cc1Lrk\Rcso1uoons\Res 7700 779917712_Reso_SECB SWdy_3 21 17 doe The Project will not create physical blight The Project's design enhances the surrounding neighborhood, provides 2 02 acres of open space, excluding stonn water banns, that serves as landscaping buffers along Wabash Avenue and Sylvan Boulevard, with the construction of a meandering trail, as a continuation of the Zanja Mill Creek trail, at the southern end of the Project site The Project does not conflict with the predominant uses present in the surrounding areas, as the Project site abuts established residential developments to the north, west, and south, and provides improvements that blend in with and enhance the surrounding cormnunity through the use of landscaped buffers along the public right-of-way, the man-itenance of open space, the construction of a segment of the Zanja Mill Creek trail, and the planting of new trees on the Project site The Project developer will snake improvements to facilitate implementation of the Project, including the dedication to provide a forty four foot half street right-of-way width for Wabash Avenue, the dedication of sixty feet of right-of-way and the construction of new streets to provide internal circulation within the Project, the construction of drainage and storm water facilities to support the Project, and the construction of a Community Trail along the north side of Sylvan Boulevard, through the length of the Project site The Project would upgrade water, sewer, and storm drain infrastructure and provide connections to existing City infrastructure Utilities will be placed underground The Project developer is required to fund its fair share allocation of any necessary public infrastructure associated with development of the Project As determined in the Socio-Economic Cost/Benefit Study, annually, the Project will provide an annual "new net" revenue of $51,027 to the City upon occupancy, and annual ongoing costs of approximately $48,158 This equates to a revenue/cost ratio of a positive factor of 1 05 For every dollar it spends, the City will receive $1 05 in revenue Because the Project will expand the City's economic base by increasing property tax revenues, and provide for the development of new housing within the City, provide the infrastructure necessary to meet Project needs in an efficient and cost effective mariner, and place an emphasis on design and landscaping, the City finds that the Project will not create unmitigatable physical blight within the City or overburden public services, includnig without limitation police and fire protection services B THE BENEFITS TO THE CITY RESULTING FROM DEVELOPMENT OF THE PROJECT OUTWEIGH ANY DIRECT COST TO THE CITY THAT MAY RESULT The Socio-Economic Cost/Benefit Study demonstrates that, annually, the Project will generate "new net" revenues of approximately $51,027 and approximately $48,158 in cost and have a positive balance of$2,869 For every dollai the City spends in providing services to the Project, the City will receive $1 05 in "new net" revenue The Project would provide for the development of thirty four (34) residential lots and landscaped buffers along the public right-of-way Schools will be enhanced with the payment of school fees Further, with the additional revenue provided to the City through increased property 2 1 Icc1crk\Reso1utions\Res 7700 779917712_Reso_SECi3 Study_3 21 17 doc taxes, and the payment of development impact fees, direct and indirect funding will be provided for cultural enhancements, downtown district enhancements, park enhancements, public safety (Police and Fire) enhancements, and traffic enhancements ADOPTED, SIGNED AND APPROVED this 21' day of March, 2017 SCJ ' aul W Foster, Mayor ATTEST 1e Donaldson,QCityn�'�Clerk 3 1.1cclerk\Resolu6onsaes 7700-7799\7712_Reso_SECB Study_3.21 17 doc 1, Jeanne Donaldson, City Clerk of the City of Redlands, do hereby certify that the foregoing Resolution was duly adopted by the City Council at a regular meeting thereof held on the 21' day of March, 2017 by the following vote AYES Councilmembers Harrison, Gilbreath, Barich, Tejeda, Mayor Foster NOES None ABSENT None ABSTAIN None J e Donaldson, City Clerk 4 I 1--derk\Resolutions\Res 7700 779917712_Reso SECS Study_3.21 17 doc