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HomeMy WebLinkAbout7633 RESOLUTION NO. 7633 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 24.87 ACRES INTO SIXTY-SEVEN SINGLE FAMILY RESIDENTIAL LOTS AND TEN LETTERED LOTS WHEREAS, Redlands-Pennsylvania, LLC has Piled applications for Tentative Tract Map No. 19975 and Conditional Use Permit No. 1047 with the City for a Planned Residential Development to subdivide 24.87 acres into sixty-seven (67) single-family residential lots and ten (10) lettered lots located on the south side of San Bernardino Avenue, between Judson Street and Dearborn Street in the R-E (Residential Estate) District and A-1 (Agricultural) District (Proposed change to R-E District), and for which applications for General Plan Amendment No. 135, Agricultural Preserve Removal No. 122, and Zone Change No. 457 have also been filed with the City of Redlands (the "Project"); and WHEREAS, on May 24, 2016, the City of Redlands' Planning Commission held a noticed public hearing at which interested persons had an opportunity to testify in support of, or in opposition to, the Conditional Use Pen-nit and Tentative Tract Map at which the Planning Commission considered the Conditional Use Permit and Tentative Tract Map; 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 Coininission in making its recommendation of the approval have been forwarded to the City Council; and WHEREAS, the City Council held a duly noticed public hearing on June 21, 2016, 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 hereby approves 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 uninitigatable physical blight in the City of Redlands ("City") or overburden public services, including without Iimitation 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 of a General Plan Amendment, Agricultural Preserve Removal, Zone Change, Conditional Use Permit, and Tentative Tract Map for a Planned Residential Development (PRD) on -1- I:Icc1erklResolutionslRes 7600-769917633_SECB Study Pennsylvania.doe approximately 24.87 acres consisting of sixty-seven (67) single-family residential lots and ten (10) lettered lots. The Project will not create physical blight. The Project's design enhances the surrounding residential neighborhoods by providing for 25.55% of the Project's gross land area in open space. The design of the subdivision provides enhanced edges around the Project which includes a citrus grove and citrus buffer along the exterior streets boarding the Project site. The Project's open space will be planted with 6.03 acres of new citrus trees. The Project does not conflict with the predominant uses present in the surrounding areas, as the Project site abuts established residential developments to the northwest, an Elementary School to the west and south, and a planned residential development beyond the adjacent parcel to the east. Regional public infrastructure has been previously installed for the neighboring streets and the Project will complete the widening of San Bernardino Avenue along the Project's northern frontage to its ultimate half-width, and a new segment of Pennsylvania Avenue, which is a planned Collector street, will be extended from its present terminus at the southwest corner of the Project site to the southeast corner; thereby acconunodating a future connection to Dearborn Street that will complete the street grid in this area. The Project would upgrade water, sewer, and stomp 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 new water and sewer lines through the subdivision that will connect to existing City infrastructure. As determined in the Socio-Economic Cost/Benefit Study, annually, the Project will provide an annual "new net" revenue of $83,015.50 to the City upon occupancy, and annual ongoing costs of approximately $49,682.80. This equates to a revenue/cost ratio of a positive factor of 1.67. For every dollar it spends, the City will receive $1.67 in revenue. Because the Project will expand the City's econoiriic 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 unnitigatable 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$83,015.50 and approximately$49,682.80 in cost and have a positive balance of$33,332.70. For every dollar the City spends in providing services to the Project, the City will receive $1.67 in "new net" revenue. -2- L•1cc1erklResolutionslRes 7600-769917633_SECB Study Pennsylvania.doe The Project would provide for the development of sixty-seven (67) residential lots, 6.35 acres of open space that would consist of 6.03 acres in the form of a citrus grove and citrus buffer along the exterior streets, and the remaining area containing common landscaped areas within the subdivision, which collectively equates to a total Project open space calculation of 25.55 % 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 torr cultural enhancements, downtown district enhancements, park enhancements, public safety (Police and Fire) enhancements, and traffic enhancements. ADOPTED, SIGNED AND APPROVED this 21 day of June, 2016. Paul W. Foster, Mayor ATTEST: Sam Irk , City Clerk -3- 1:\cc1erk\Reso1utions\Res 7600-7699\7633SECB Study Pennsylvania.doc 1, Sam Irwin, City Cleric 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 June, 2016 by the following vote: AYES: Councilmeinbers Harrison, Gilbreath, Barich, James; Mayor Foster NOES: None ABSENT: None ABSTAIN: None Saxe.Irwin, City Clerk -4- 1:1cclerklResolutionslRes 7600-769917633_SECB Study Pennsylvania,doc