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EXHIBIT 4 <br />REQUEST FOR <br />Planning Commission Action <br />PLANNING COMMISSION MEETING DATE: <br />SEPTEMBER 28, 2020 <br />TITLE: <br />PUBLIC HEARING — ENVIRONMENTAL REVIEW NO. <br />2019-85 FOR DENSITY BONUS AGREEMENT <br />APPLICATION NO. 2020-01, SITE PLAN REVIEW NO. <br />2020-01, SITE PLAN REVIEW NO.2020-02, VARIANCE <br />NO. 2020-05, AND TENTATIVE PARCEL MAP NO. 2020- <br />02 TO ALLOW CONSTRUCTION OF A MIXED -USE <br />DEVELOPMENT AND HOTEL AT 201 WEST THIRD <br />STREET <br />Prepared by Selena Kelaher, AICP <br />M1 <br />Executive Director <br />RECOMMENDED ACTION <br />PLANNING COMMISSION SECRETARY <br />APPROVED <br />❑ <br />As Recommended <br />❑ <br />As Amended <br />❑ <br />Set Public Hearing For <br />DENIED <br />❑ <br />Applicant's Request <br />❑ <br />Staff Recommendation <br />CONTINUED TO <br />Planning Manager <br />1. Adopt a resolution approving an addendum to the Environment Impact Report for the Transit <br />Zoning Code Project (SCH NO. 2006071100) and adoption of a mitigation monitoring and <br />reporting program for Variance No. 2020-05 and Tentative Parcel Map No. 2020-02. <br />2. Adopt a resolution approving Variance No. 2020-05 for the hotel off-street parking <br />requirements as conditioned. <br />3. Adopt a resolution approving Tentative Parcel Map No. 2020-02 as conditioned. <br />4. Recommend that the City Council: <br />a. Adopt a resolution approving an addendum to the Environment Impact Report for the <br />Transit Zoning Code Project (SCH NO. 2006071100) and adoption of a mitigation <br />monitoring and reporting program for Density Bonus Agreement Application No. 2020-01, <br />Site Plan Review No. 2020-01, Site Plan Review No. 2020-02, and the Disposition and <br />Development Agreement. <br />b. Adopt a resolution approving Density Bonus Agreement Application No. 2020-01 with <br />concessions and waivers, Site Plan Review No. 2020-01 for a mixed -use development and <br />Site Plan Review No. 2020-02 for a hotel as conditioned. <br />Executive Summary <br />Mike Harrah, representing Caribou Industries, is requesting approval of multiple entitlements to <br />facilitate construction of the Third & Broadway mixed -use development, consisting of two separate <br />buildings, 171 residential units, 13,419 square feet of commercial space, and a 75-room hotel at 201 <br />West Third Street. Specifically, the applicant 2upsting approval of a density bonus agreement <br />