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EIR No. 2018-01, DA No. 018-01, GPA No. 2018-06, <br />AA No. 2018-10 2525 North Main Street <br />February 5, 2019 <br />Page 8 <br />2. �ublic Art. �fhe Owner shall create,-! nsta I I, and maintain apublic a rtprojectwith a value equivalent _ <br />to 0.5% of the total construction cost of the project. The work(s) of art shall be in place prior to <br />issuance of the first certificate of occupancy for the project and shall be maintained in perpetuity by <br />- <br />Commented [DH17]: should include text <br />^ata prime location visible to the public;' <br />Who is pan of the art selection process? We <br />the property owner. <br />would like a resident to participate. <br />3. �antiago Park Improvement Funds. �rovide funding_ for_ Santiago Park_ Maintenance_ and <br />Commented [DH78]: This money shoWtl <br />Improvements in the amount of $1,400,000 to the City for the construction of park improvements <br />notbe used [.support Optiongaccess. <br />or the owner shall be authorized by the City to construct the park improvements at the owners sole <br />cost and expense up to $1,400,000. These park maintenance funds shall be deposited with the City <br />within 180 days after the issuance of the first building permit for the purpose of completing park <br />improvements including, but not limited to, installation of irrigation, landscaping, security lighting <br />and bike trail enhancements as shown in Exhibit G to the Development Agreement. An additional <br />$100,000 will be paid to the City prior to khe issuance of the first building permit for the maintenance <br />of neighborhood entry monuments___________________________________________ <br />Commented [DH1 91: what isso wrong <br />with the current monuments7l <br />4. Park Santiago Neighborhood Benefits Package. The Developer shallrovide Park Santiago <br />Neighborhood residents with access to on-site amenities, Amazon lockers, R4 -hour roving security <br />patrol within the Park Santiago Neighborhood and Santiago Park as shown on Exhibit H to the <br />__-- <br />Commented [DH2O]: Hourly? everyshlft? <br />Development Agreement for a 55 -year period unless determined during an annual review that the <br />Dally? <br />term shall end earlier. <br />Not very specific. <br />5. Historic District Application. If desired by the majority of the Park Santiago Neighborhood property <br />owners, the applicant shall pay all costs and expenses associated with processing the application for <br />historic district consideration, including reimbursing the City for costs incurred conducting the <br />survey and any environmental review, up to and not to exceed the amount of $150,000.1_ <br />Park Santiago Public Improvements. The Owner shall be responsible for the analysis, design, <br />engineering, construction and inspection/administration of traffic calming/improvements at up to <br />three locations on Edgewood and/or Bush Street to achieve traffic calming, entry monuments at <br />three location at Main Street/Edgewood Road, Santa Clara Avenue/Lincoln Avenue and Santiago <br />Street/ 17" Street, replacement of all non LED street lights and/or fixtures with LED street lights <br />and/or fixtures throughout the Park Santiago Neighborhood, and Installation of a street light -and <br />[fecorative concrete pavement with) Vi at the Walkie Way/Santiago Park Drive and <br />juin Street Intersection. <br />Parking. Per the conditions of approval (Exhibit I to the Development Agreement) the applicant shall <br />increase number of spaces or capacity to increase the onsite ratio of parking, including the use of <br />valet parking, to an equivalent bf two (2) spacesper unit, <br />Unit Mix. Per the conditions of approval (Exhibit I to the Development Agreement) the applicant <br />shall increase the number of family units to a minimum of thirty percent (30%) of the proposed units <br />to contain 2 & 3 bedrooms. <br />75E-8 <br />Commented [DH21]: This seems like a <br />contradiction. Why would they supporta <br />historic district designation when they say <br />the area isn't historic? <br />Commented [DH22]: I believe the city has <br />already performed the LED upgrade in Park <br />Santiago. <br />Commented [DH23]: What is equivalent? <br />Why not the SAM[ limit? <br />