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<br />EIR No. 2004-01; ZOA No. 2004-06; <br />DA No. 2004-04; CUP No. 2004-28; <br />VTTM No. 2004-06; and SPR No. 2004-05 <br />October 25, 2004 <br />Page 8 <br /> <br />8. Conditions, Covenants & Restrictions: The developer is required to <br />prepare and record CC&Rs to cover the live/work units similar to <br />those CC&Rs required of the Olson and Santiago Street live/work <br />loft projects. These requirements limit the number of residents in <br />each unit, require owner occupancy, and restrict commercial uses <br />within the live/work units. <br /> <br />Conditional Use Permit <br /> <br />A conditional use permit has been requested to allow the live-work <br />component of the project. Should Zoning Ordinance Amendment No. 2004-06 <br />be approved, a conditional use permit will be required for any proposed <br />live-work project within SD-59 zoning district. The live-work component <br />is envisioned to create an urban element while providing a transition <br />between the commercial uses and residential living. As the overall plan <br />is proposed, the live-work component is encouraged to link the components <br />and accentuate the District Center urban character. The live-work units <br />have been designed in a manner that is harmonious in scale and character <br />wi th existing and proposed development, contributes posi ti vely to the <br />surrounding commercial and residential areas, has a net community <br />benefit and enhances the quality of life by providing a development in <br />keeping with the standards for live-work communities. <br /> <br />The live-work units will front on and extend from Main Street along a <br />curved private roadway to Memory Lane. Each unit will be approximately <br />1,496 to 1,771 square feet in size and has been designed in a loft <br />style, three stories in height. The project has been designed to meet <br />or exceed the development requirements for live-work communities within <br />the city's downtown. <br /> <br />Vesting Tentative Tract Map <br /> <br />The proposed vesting tract map for this project satisfies two objectives. <br />First, it subdivides the existing parcel into seven parcels suitable for <br />development. The parcels created allow the development of the commercial <br />and residential components of the mixed-use project. <br /> <br />The second objective is to create condominium subdivisions for each <br />housing type. The condominium subdivision is necessary to provide for- <br />sale units. This encourages home ownership. <br /> <br />758-25 <br />