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HomeMy WebLinkAbout7509_CCv0001.pdf RESOLUTION NO. 7509 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS APPROVING THE SOCIO-ECONOMIC COST/BENEFIT STUDY FOR THE DEVELOPMENT OF A PLANNED RESIDENTIAL DEVELOPMENT AND SUBDIVISION OF APPROXIMATELY 30.51 ACRES INTO EIGHTY-TWO SINGLE FAMILY RESIDENTIAL LOTS AND SEVEN LETTERED LOTS WHEREAS, Newland Homes has filed applications for Tentative Tract Map No. 18988, Conditional Use Pen-nit No. 1028 with the City for a Planned Residential Development and subdivide approximately 30.51 acres into eighty two (82) single-family residential lots and seven (7) lettered lots located on the north side of Pioneer Avenue, east of Texas Street, in the A-1 (Agricultural) District (Proposed change to PRD/R-E District), and for which an application for Zone Change No. 442 and Agricultural Preserve Removal No. 120 has been filed with the City of Redlands ("the Project"); and WHEREAS, on March 10, 2015, the City of Redlands' Planning Conunission held a noticed public hearing at which interested persons had an opportunity to testify in support of, or in opposition to, the Conditional Use Permit and at which the Planning Commission considered the Conditional Use Permit; and WHEREAS, a copy of the Socio-Econonnic Cost/Benefit Study and related materials for the Project that were reviewed by the City of Redlands' Planning Commission in malting its recommendation of the approval have been forwarded to the City Council; and WHEREAS, the City Council held a duly noticed public hearing on July 7, 2015, at which City staff and members of the public had the opportunity to provide verbal and written testimony on the Socio-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 herby approved the Socio- Economic 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 un nitigatable 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 environmental impacts, described in the study, have been added to the project as Conditions of Approval. The Project consists a Zone Change, Agricultural Preserve Removal, Conditional Use Permit, and Tentative Tract Map for a Planned Residential Development (PRD) on approximately 30.51 acres consisting of eight two (82) single-family residential lots and seven(7) lettered lots. -I- lAcclerk\ReSolutions\Res 7500-7599\7509 SECS Study Newland Homes 7 7 35.doc The Project will not create physical blight. The Project's design enhances the surrounding neighborhood, provides for 33% of the project's gross land area maintained in open space, including of the planting of 0.50 acres of new citrus trees, 6.10 acres of active recreational open space, and 2.99 acres of natural open space. The Project does not conflict with the predominant uses present in the surrounding areas, as the Project site abuts established residential developments to the south, east, and west, and provides improvements to an existing building that blend in with and enhance the surrounding community through the use of landscaped buffers along the public right-of-way, residences with architectural enhancement along all public right- of-ways, ight- ofways, the maintenance of open space, and the planting of new trees on the Project site. Regional public infrastructure has been previously installed for the neighboring streets and is accompanied by a City-initiated General Plan Amendment which will allow for the project to complete widening of Pioneer Street along the project's frontage, while preserving existing deodar cedar trees. The Project developer will snake improvements to facilitate implementation of the Project, including the widening of roads along the project fiontage and the construction of an interim traffic signal at Pioneer Avenue and Texas Street. 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. The Project developer will also install a recycled water main from a point of connection with the existing recycled water main at the intersection of Texas Street and Pioneer Avenue to provide irrigation of non-potable water to all lettered lots and allow for the conversion of the existing irrigation system at the existing Israel Beal Park by others. As determined in the Socio-Economic Cost/Benefit Study, annually, the Project will provide an annual "new net" revenue of$101,284.30 to the City upon occupancy, and annual ongoing costs of approximately $65,905.40. This equates to a revenue/cost ratio of a positive factor of 1.54. For every dollar it spends, the City will receive $1.54 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 manner; and place an emphasis on design and landscaping, the City finds that the Project will not create uninitigatable physical blight within the City or overburden public services, including 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 $101,284.30 and approximately $65,905.40 in cost and have a positive balance of$35,378.90. For every dollar the City spends in providing services to the Project, the City will receive $1.54 in "new net"revenue. -2- 1:\cclerkU2esolutions\Res 7500-7599\7509 SECB Study Newland I•lomes 7 7 I5.doc The Project would provide for the development of eight-two (82) residential lots, 6.10 acres of active recreational open space, landscaped buffers along the public right-of-way, and a total project open space calculation of thirty three percent (33%) of the gross acreage. Schools will be enhanced with the payment of school fees. Further, with the additional revenue provided to the City through increased property tax assessment, 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 7`I'day of July, 2015. Paul W. Foster, Mayor ATTEST: Sam Irwin, Ci7y Clerk -3- I:lcclerk\Resolutions\Res 7500-7599\7509 SECB Study Newland Homes 7 7 15.doc I, Sam Irwin, 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 70' day of July, 2015 by the following vote: AYES: Councilmembers Harrison, Gilbreath, James; Mayor Foster NOES: None ABSENT: Councihnember Barich ABSTAIN: None Sam Irwin, City Clerk -4- lAcclerlC\rtesolUlions\Res 7500-7599\7509 SECB Study Newland Homes 7 7 15.doc