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RCS:ar 4/29/77 ORDINANCE NO. NS-1363 AN ORDINANCE OF THE CITY OF SANTA ANA APPROVING AMENDMENT APPLICATION NO. 761 TO REZONE PROPERTY LOCATED BETWEEN ALTON AVENUE AND MACARTHUR BOULEVARD, BEAR STREET AND ORANGE COUNTY FLOOD CONTROL CHANNEL FROM THE R2-PRD DISTRICT TO THE SD (SPECIFIC DEVELOPMENT) DISTRICT, AMEND- ING SECTIONAL DISTRICT MAP 26-5-10, AND ADOPTING SPECIFIC DEVELOPMENT PLAN #5 WHEREAS, the real property located generally between Alton Avenue and Mac~A. rthur Boulevard, Bear Street and Orange County Flood Control Channel and more partic- ularly described on exhibit AA 761-A on file in the records of the Planning Director, is located in the R2-PRD (Planned Residential Development) District, and WHEREAS, an application has been filed by C. H. Segerstrom and Sons to amend Sectional District Map 26-5-10 to rezone such property to the SD (Specific Development) District, and WHEREAS, the Planning Commission has given notice of and on March 14, 1977 duly held a public hearing on Amend- ment Application 761 to rezone such property from the R2- PRD (Planned Residential Development) District to the SD (Specific Development) District and has recommended approv- al of such application, and it has considered Specific De- velopment Plan #5 for the subject property, a copy of which is on file with the Clerk of the Council, and has recommended approval of such specific development plan, and WHEREAS, the City Council regularly held a public hearing on said reclassification and said specific develop- ment plan and published the notice required by law and does now find that the public necessity, convenience and general welfare require that said property be reclassified from the R2-PRD (Planned Residential Development) District to the SD (Specific Development) District, and that the new classi- fication will not be detrimental to the surrounding property, and WHEREAS, the City Council finds that Specific De- velopment Plan %5, consisting of standards and regulations, will be in keeping with the neighborhood and will not be detrimental to the harmonious development of the city or impair the desirability of investment or occupation in the neighborhood, and WHEREAS, prior to taking this action, the City Council has reviewed and considered the information contained in that Environmental Impact Report designated as "Environ- mental Impact Report 76-4," has approved said document as the final environmental impact report for the project on the subject property, and finds that social and economic conditions render infeasible the alternative of retaining the property in the present land use designation,