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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />OCTOBER 21, 2013 <br />TITLE: <br />PUBLIC HEARING - AMENDMENT TO <br />DEVELOPMENT AGREEMENT NO. 2007-01 <br />FOR A NEW MULTI-FAMILY RESIDENTIAL <br />DEVELOPMENT AT 1901 EAST FIRST <br />STREET - LYON COMMUNITY <br />DEVEL ME T, APPLICANT <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />? As Recommended <br />? As Amended <br />? Ordinance on 1" Reading <br />? Ordinance on 2n° Reading <br />? Implementing Resolution <br />? Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Adopt a resolution approving the Addendum to the Final Environmental Impact Report No. 2006- <br />01 and approve the Mitigation Monitoring and Reporting Program. <br />Adopt an ordinance approving the first amendment to Development Agreement No. 2007-01. <br />PLANNING COMMISSION ACTION <br />On August 26, 2013, the Planning Commission recommended that the City Council adopt a resolution <br />approving the Addendum to the Final Environmental Impact Report No. 2006-01 and approve the <br />Mitigation Monitoring and Reporting Program; adopt an ordinance approving the first amendment to <br />Development Agreement No. 2007-01; adopt a resolution approving Vesting Tentative Tract Map <br />No. 2013-04 as conditioned; and adopt a resolution approving Site Plan Review No. 2013-03 as <br />conditioned by a vote of 7:0 for a new multi-family residential development at 1901 East First <br />Street in the Arterial Commercial/Metro East Mixed Use (C5/MEMU) zoning district. The Planning <br />Commission made no changes to the terms of the agreement as outlined in the attached staff <br />report (Exhibit A). <br />DISCUSSION <br />The Lyon Community project at 1901 E. First Street will be a new 254-unit multi-family residential <br />project in a contemporary architectural style featuring a wide variety of unit types, an extensive <br />amenity package, a retail component, and the provision of both private and publicly-accessible <br />open space. Parking for the project will be provided within an existing parking structure. The <br />project site is located within the Metro East Mixed Use Overlay Zone and was previously entitled <br />as the First and Cabrillo Towers, for which environmental impacts reports were previously <br />prepared. Additional environmental analysis was performed for the proposed project in the form of <br />75A-1