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EIR No. 2007-02; ZOA No. 2008-04; DA No. 2004-04; CUP No. 2008-34; VTTM No. 2008-04; and SPR No. 2008-05 January 12, 2009 Page 6 acceptable Level of Service (LOS) with or without the proposed project. Daily volumes projected for 2030 were generally forecasted to be lower than the daily traffic volumes in 2010 because the build out of the MPAH would provide additional road capacity on the parallel north-south arterial highways such as Bristol Street to the west and Grand Avenue to the east. The additional road capacities on these arterial highways would alleviate traffic demand on Main Street by shifting some of the traffic demand on Bristol Street and Grand Avenue. Therefore, implementation of the proposed tower would create a temporary significant and unavoidable adverse impact to Main Street between La Veta Avenue and Town and Country Road until Bristol Street and Grand Avenue are built out to the MPAH designations. The environmental impact report has identified a significant and unavoidable impact to aesthetics, air quality and traffic. No feasible mitigation measures are available to reduce the effect. As a result of the impacts that cannot be mitigated to a less than significant level, adoption of a Statement of Overriding Considerations is required prior to approving the project. A Statement of Overriding Considerations is the process through which decision makers balance the economic, legal, social, and technological or other benefits of the proposed project against its unavoidable environmental impacts. Zoning Ordinance Amendment The specific development district is a customized zoning classification used for unique and/or mixed-use projects. In 1993, a specific development zone (SD-59) was approved on the site to accommodate an extremely intense mixed-use project. The entitlement included a 22 and 32-story office tower, 19-story residential tower (216 units), hotel, parking structure, restaurants, health club, retail space, cinemas and live theater and attached residences (64 units). The total project gross square footage was 1,964,770 with parking to accommodate 5,464 vehicles. In 2004, the specific development plan was amended to allow the current development of City Place incorporating the intent of the previous entitled project. The specific development text lays out criteria for the review of the current construction project. 75A-8