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CORRESPONDENCE -11B
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CORRESPONDENCE -11B
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Concern #2. Community want One Broadway Plaza to prepare a new Development Agreement (DA) <br />The City Council did not recommend the project prepare a new DA. Development Agreements protect parties, specifically <br />concerning duties, performance and timing. DA's may include project -contributed community benefits like insuring a <br />developer construct on -site affordable housing, provides park land, and expands traffic mitigations. <br />Request #2: Developer to prepare a new DA to include, but not be limited to, community benefits, roles and <br />responsibilities to fund, design and/or implement those benefits, including performance timing, remedies, and fines if <br />either party does not meet specific goals and or deadlines. <br />Concern #3. Community want One Broadway Plaza to prepare a new Environmental Impact Report (an EIR), and <br />to conduct additional Traffic Studies. <br />The City Council did not recommend OBP prepare a new EIR, or prepare new traffic studies. Instead the PC was satisfied <br />that traffic assumptions in the 2003 EIR were sufficient. Because the 2003 EIR does not address traffic impacts from over <br />a dozen newly -approved or anticipated apartment projects near OBP, this all but insures Main Street, Broadway, <br />Washington, Civic Center, Seventeenth, and streets in at least six adjoining neighborhoods, will be negatively impacted <br />for decades into the future. <br />Request #3: Developer to prepare a new Environmental Impact Report, to address traffic impacts from other recently <br />approved, and anticipated development projects, which surround One Broadway Plaza. <br />Concern #4. Community sought Additional Traffic Protections for the Logan, Lacy, Downtown, and Willard <br />Neighborhoods <br />The City Council recommended only the Logan neighborhood receive traffic protections, leaving Lacy, Downtown, and <br />Willard neighborhoods without these benefits. <br />Request #4: Developer to include Lacy, Downtown, and Willard to the list of neighborhoods to receive traffic mitigation <br />protections as part of his project. <br />Concern #5. Community requested an Increase in Traffic Mitigation Fees for neighborhoods previously identified <br />to receive these benefits as described in the expired 2003 Development Agreement. <br />The City Council agreed with staffs recommendation to increase the original traffic mitigation fee (approved in 2003) from <br />$200,000 per neighborhood to $300,000 per neighborhood. Although the increase appears substantial, the extra <br />$100,000 may not even account for inflation, and would not significantly contribute to the design or construction of much - <br />needed neighborhood traffic mitigations. The City Council also failed to address a timeline to plan, design and construct <br />these improvements. <br />Request #5: Developer to: <br />• Increase individual neighborhood traffic mitigation fees from $200,000 to at least $500,000 <br />• Create a timeline when the Developer will plan, design and build these improvements <br />* Include Traffic Mitigation Fees as part of a new Development Agreement <br />
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