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provided for the project by evaluating the existing shopping center usage during peak periods. The study concluded that even under peak demand, a minimum of 220 parking spaces will be available within the shopping center. In addition, the proposed development will only result in a net increase of 200 square feet following the demolition of the existing commercial building. As a result, the parking variance will allow the applicant the ability to use the property in a manner that is consistent with similar surrounding commercial uses. That the granting of a variance is necessary for the preservation and enjoyment of one or more substantial property rights. The granting of the variance is necessary for the preservation and enjoyment of substantial property rights. The granting of the parking variance will preserve the property owner's ability to establish buildings with uses that will identify the site as an economically viable development. Further, the reduction in parking will provide flexibility of leasing options that would support Policy 2.7 and policy 5.7 of the Land Use Element of the General Plan which promotes rehabilitation of commercial properties and encourages increased levels of investment while anticipating that intensity of new development does not exceed available capacity. That the granting of a variance will not be materially detrimental to the public welfare or injurious to surrounding property. The granting of the variance will not be detrimental to the public or surrounding properties. As demonstrated in the parking analysis for the project, the site will have sufficient parking to accommodate the various uses during the peak parking hours. Therefore, the reduction in parking will not be detrimental to the surrounding community as it will not result in parking impacts affecting adjacent commercial or residential neighborhoods. Further, the site is in compliance with all other development standards applicable to the property. 4. That the granting of a variance will not adversely affect the General Plan of the City. The granting of the variance will not adversely affect the General Plan of the City since both the proposed retail and restaurant pad with drive - through service and proposed banking center are both in conformance with City development standards for commercial uses and are Resolution No. 2015 -38 Page 2 of 5 31 B -29