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AA No. 07-01, EIR No. 06-01, <br />GPA No. 07-O1, ZOA No. 07-01, <br />DA No. 07-01, SPR No. 07-1 and TTM No. 07-01 <br />March 19, 2007 <br />Page 14 <br />as well as successful development activity in neighboring cities in <br />Orange County's central core, such as the new high-rise projects in <br />Irvine, Costa Mesa and Anaheim, the MEMU Plan ensures that Santa Ana will <br />be well-positioned to take advantage of new market opportunities, while <br />at the same time, prudently planning to mitigate the potential impacts of <br />such development. <br />Further, the MEMU Plan and First and Cabrillo Towers Project will work to <br />begin the creation of an environment where it is possible to live, work, <br />shop and play all within a short walk of each other, as well as provide <br />new housing opportunities within the existing fabric of a mid-rise and <br />high-rise office area, helping to improve the region's jobs/housing <br />balance. <br />Therefore, it is recommended that the City Council certify Final <br />Environmental Impact Report No. 2006-01 (Volumes I and II) and approve the <br />mitigation monitoring program and statement of overriding considerations <br />for the Metro East Mixed Use Overlay Zone. In addition, staff recommends <br />that the City Council approve Amendment Application No. 2007-01, General <br />Plan Amendment No. 2007-01, and Zoning Ordinance Amendment No. 2007-01 for <br />the Metro East Overlay Zone. It is further recommended that the Council <br />approve Site Plan Review No. 2007-O1 and Tentative Tract Map No. 2007-01 <br />(County Map No. 17069) as conditioned. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />~~' <br />Jay M. Trevino <br />E cutive Director <br />Planning & Building Agency <br />VF:rb <br />of/reports/First Cabrillo.cc <br />75B-14 <br />