75B - PH METRO EAST MIXED USE OVERLAY (MEMU)

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GPA No. 2018-03, AA No. 2018-06, and ZOA No. 2018-03 Expand and Amend the MEMU Overlay Zone September 18, 2018 Page 2 ECONOMIC DEVELOPMENT, INFRASTUCTURE. BUDGET & TECHNOLOGY COMMITTEE ACTION At its regular meeting on September 4, 2018, the City Council continued the MEMU expansion and amendments project for two weeks. Based on the City Council's overarching concerns discussed at the meeting, the MEMU project was presented to the EDIBT during the continuance period at a previously scheduled meeting on September 10, 2018. Members in attendance included Committee Member Benavides and Committee Member Sarmiento. Committee Member Martinez was not able to attend the meeting but did submit a letter outlining her perspective regarding the proposed MEMU project. The letter from Committee Member Martinez dated September 10, 2018, is attached as Exhibit E. Following a presentation to EDIBT on September 10, 2018, staff received high-level feedback on strategies for consideration to work with the EDIBT to strategically refine the MEMU expansion and amendments proposal. The strategic refinements include land use policies and objectives, and development standards aimed at realizing a vision to create a true destination -oriented mixed-use environment with balanced intensity, density, and mix of land uses that will activate the area and be a catalyst for future developments. As part of this effort, staff will refine standards for mixed-use developments to offer clarity to the development community and will address the non-residential (e.g., commercial, office, etc.) requirements in the MEMU Overlay Zone for pipeline and future projects. These near-term strategic refinements would be presented for consideration by the full City Council within the next 30 days. The EDIBT also desire to complete a comprehensive economic and fiscal analysis to comprehensively evaluate allowing additional mixed-use development and understand long-term economic and fiscal impacts and to re-evaluate the existing caps on net (new) development in the MEMU Overlay Zone, including residential, commercial, and office land uses. As part of this long-term effort, staff will continue to meet with EDIBT to refine the highest and best land uses in the MEMU Overlay Zone. These long-term efforts may be potentially integrated into the overall General Plan update effort, tentatively scheduled for completion in early 2020, and would be presented for consideration by the full City Council. By vote of 2-0 (Martinez absent), the Council Committee recommended that the City Council continue the item and direct staff to work with the EDIBT and develop recommendations for refining the proposed MEMU project and return to the City Council for consideration within 30 days. For the City Council's information and ease of review, the information provided in the reports presented on August 21 and September 4, 2018, are included in the body of this supplemental report in the following sections: 75B-2