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The project site is located in an area already identified in both the City's <br />Zoning Code (the Transit Zoning Code) and General Plan (the Land Use <br />and Housing elements) for new residential communities. Moreover, the <br />proposed densities of 84 and 50 units per acre on Site A and Site B, <br />respectively, is consistent with the anticipated development intensity of 90 <br />units per acre in the General Plan Land Use element, and is below the <br />density bonus provisions in the California Density Bonus Law for family - <br />oriented projects (35-percent density bonus) and in the City's Housing <br />Opportunity Ordinance (35-percent density bonus). <br />3. That the deviation is necessary to make it economically feasible for <br />the Applicant to utilize a density bonus authorized for the development <br />pursuant to section 41-1603. <br />The proposed project requires one deviation through <br />incentives/concessions for a reduction in required on -site (off-street) <br />parking. The deviation is described as follows: <br />Constructing 2.0 parking spaces per residential unit and 0.15 guest <br />parking spaces per residential unit on the project site would require the <br />developer to construct an additional level of parking either above- or <br />below -grade, resulting in increased .construction costs and/or a loss of an <br />entire level of residential units. The City has identified the Transit Zoning <br />Code area for high -intensity, mixed -use development in order to reduce <br />demands for parking and traffic impacts. To address the parking reduction <br />requested by the Applicant pursuant to State Housing Law, the Applicant <br />prepared a parking study and parking management plan (PMP). The PMP <br />adequately outlines measurable means to provide additional parking <br />through additional onsite valet parking, off -site parking, or a combination <br />thereof, raising the effective parking ratios to a minimum of 2.15 parking <br />spaces per residential unit if fully implemented. <br />As a result of the parking reduction requested, staff coordinated with the <br />Applicant to explore alternate options for providing additional off -site <br />parking spaces, maximizing on -site parking spaces, and/or reducing <br />parking demand on the project site. In response, Toll Brothers prepared a <br />PMP that addresses incentives for reducing vehicle ownership, <br />encouraging transit ridership, providing valet services on -site to maximize <br />parking areas, and providing off -site parking spaces through long-term <br />agreements with the City in nearby parking structures. <br />Section 2. In accordance with the California Environmental Quality Act <br />(CEQA), the City Council of the City of Santa Ana hereby finds, determines, and <br />declares as follows: <br />Resolution No. 2019-115 <br />Page 3 of 11 <br />