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Resolution No. 2018-xx F. The approval herein will be effective upon the 31st day after the date Ordinance No. NS-2955 was adopted unless Ordinance No. NS-2955 was replaced or contested. G. The Planning Commission determines that the following findings, which must be established in order to grant this Site Plan Review pursuant to SAMC Section 41-595.5, have been established for Site Plan Review No. 2018-03 to allow construction of the proposed project. 1. That the proposed development plan is consistent with and will further the objectives outlined in Section 1.2 for the MEMU overlay district. The proposed development project will be compatible with Section 1.2 (Objectives) of the Metro East Overlay zone. The proposed project will contain 603 residential units (seven live/work units) with a substantial commercial component of 8,900 square feet, which can be nearly doubled if a mezzanine or second floor were constructed within. In addition, the project has been designed to feature a public plaza at its frontage on First Street, an ample amount of publicly-accessible open space, and a full reconstruction of Elk Lane between First Street and Chestnut Avenue leading to the Santa Ana Zoo. Constructing 603 units in the project area will add to the residential population in the area, stimulating demand for community-serving commercial uses such as restaurants, retail stores, services, and other similar uses. Finally, the project meets several General Plan goals and policies, including the Land Use Element’s Goal 2 (to encourage diversity of quality housing, affordability levels, and living experiences), Goal 4 (to provide adequate rental and ownership housing and supportive services), and the Housing Element’s policies HE-2.3 and 2.4 (to encourage construction of rental housing, facilitate diverse types of housing, prices, and sizing). 2. That the proposed development plan is consistent with the development standards specified in Section 4 of the MEMU overlay district. Although the project complies with the majority of development standards enumerated in the MEMU regulating plan, it does not meet the requirements for certain building setbacks, which the project exceeds. These standards required approval of a zoning ordinance amendment by the City Council as part of the overall MEMU expansion and amendments project. 1-4