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Addendum to EIR No. 1988-01, AA No. 2015-01, GPA No. 2015-01 & ZOA No. 2015-01 — Amend the Bristol Street Specific Plan May 15, 2018 Page 2 land uses in the area, identified uses that were only minimally impacted and could remain and those that needed to be acquired. The Plan also identified ways to reuse remnant parcels created by the right-of-way acquisitions. Although completed phases of the projects were developed consistent with the Bristol Street Corridor Specific Plan, new phases were designed using a narrower roadway. These recent reductions in the right-of-way increased the number and size of remnant parcels and created an opportunity to generate additional revenues through the sale of the remnant properties. The resulting revenues could then be used to finance unfunded portions of the Bristol Street widening and ultimately complete the project. However, the revised design was not in conformance with the Bristol Street Corridor Specific Plan. As a result, staff is proposing to amend the Bristol Street Corridor Specific Plan to allow potential development along certain parcels within the corridor. Parcels that were previously identified for Parks/Open Space purposes are proposed to be changed to Commercial (if adjacent to existing commercial uses), or to Residential uses if the parcels are adjacent to residential development or are located on a secondary street with no access to Bristol Street. Other proposed land use changes include adding parcels to the Plan that were erroneously omitted from the original Specific Plan document and amending the designation of properties previously identified as Redevelopment District and Conditional Use to either Commercial or Residential to be consistent with the original intent of the Plan. If approved, the Plan will designate 33 parcels of land for potential development. Additionally, properties acquired as part of the Bristol Street improvement project will be added to the list of real properties available for disposition as required in the City's Real Property Disposition Administrative Policy. STRATEGIC PLAN ALIGNMENT Approval of this item supports the City's efforts to meet Goal #3 - Economic Development, Objective #2 (create new opportunities for business/job growth and encourage private development through new General Plan and Zoning Ordinance policies); and Goal #5 - Community Health, Livability, Engagement & Sustainability, Objective #3 (facilitate diverse housing opportunities and support efforts to preserve and improve the livability of Santa Ana neighborhoods); and Objective #4 (support neighborhood vitality and livability). FISCAL IMPACT There is no fiscal impact associated with this action. Minh Thai Executive Director Planning & Building Agency VF:rb S:RFCA\05-15-18VOA15-01 AA15-01 GPA15-01 Bristol St.cc Exhibits: A. Planning Commission Staff Report B. Resolution C. Ordinance 75D-2