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HomeMy WebLinkAbout7538 RESOLUTION NO. 7538 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS APPROVING THE SOCIO-ECONOMIC COST/BENEFIT STUDY FOR THE SUBDIVISION OF APPROXIMATELY 32.28 ACRES INTO FIFTY FIVE SINGLE FAMILY RESIDENTIAL LOTS AND ONE LETTERED LOT WHEREAS, Diversified Pacific has filed applications for Tentative Tract Map No. 18979 for the subdivision of approximately 32.28 acres into fifty five single family residential lots and one lettered lot located on the north side of San Bernardino Avenue, approximately 600 feet east of Judson Street, in the A-1 (Agricultural) District (Proposed change to R-E District), and for which an application for Zone Change No. 443 and Agricultural Preserve Removal No. 121 has been filed with the City of Redlands the Project; and WHEREAS, on May 12, 2015, 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 Zone Change, Agricultural Preserve Removal, and Tentative Tract Map and at which the Planning Coininission considered the Zone Change,Agricultural Preserve Removal, and Tentative Tract Map No. 18979; and WHEREAS, a copy of the Socia-Economic Cost/Benefit Study and related materials for the Project that were reviewed by the City of Redlands' Planning Commission in making its recommendation of the approval have been forwarded to the City Council; and WHEREAS, the City Council held duly noticed public hearings on July 7, 2015, July 21, 2015, and June 21, 2016 at which City staff and members of the public had the opportunity to provide verbal and written testimony on the Socio-Econoinic 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 approves the Socio- Economic Cost/Benefit Study for the Project based upon the following findings, and based on Ordinance No. 2819 concerning Zone Change No. 443 becoming effective: 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 unrnitigatable 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 of a Zone Change, Agricultural Preserve Removal, and Tentative Tract Map No. 18979 for the subdivision of approximately 32.28 acres into fifty five single family residential lots and one lettered Iot. The Project will not create physical blight. The Project's design enhances the surrounding neighborhood. This is accomplished through the construction of new single family homes, the I:lcclerk\Resolutions\Res 7500-759917538 SECB Study.doex-l- planting of a citrus grove as part of 8.89 acres of open space, and perimeter landscaping around the proposed development. The Project does not conflict with the predominant uses present in the surrounding areas, as the Project site abuts established residential developments to the east and west. 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 $64,143.20 to the City upon occupancy, and annual ongoing costs of approximately$4,4,511.80. This equates to a revenue/cost ratio of a positive factor of 1.44. For every dollar it spends, the City will receive $1.44 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 rnaniier; and place an enaphasis,on design and landscaping, the City finds that the Project will not create unmitigatable physical blight within the City or overburden public services, including without limitation police and fire protection services. B. THE BENEFITSTO 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 $64,143,20 and approximately $44,51. 1.80 in cost and have a positive balance of$19,631.50. For every dollar the City spends in providing services to the Project, the City will receive: $1.44 in "new net" revenue. The Project would provide for the development of fifty five(55) residential lots, 8.89 acres of open space, 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 tax assessment, and the payment of development impact fees, direct and indirect funding will be provided for cultural enhancements, downtown district erdiancements, 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: Sarn`lrwir _C/ity Clerk l:\cclerk\Rcsolutions\Res 7500-759907538 SECS Study,docx-2- 1, Sain 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 21" day of June, 2016 by the following vote: AYES: Councilmembers Harrison, Gilbreath, Barich, James; Mayor Foster NOES: None ABSENT: None ABSTAIN: None Sarre Irwin, City Clerk I:lcclerk\Resolutions\Res 7500-759917538 SECB Study.doex-3-