REPORT TO COUNCIL
SUBJECT
Title
Action to Authorize the City Manager to Execute an Agreement with Westlake Ryder Square, LLC, for the Installation and Operation of Private Recreational Amenity Improvements to Satisfy a Portion of Developer's Parkland Obligations for the 328-unit Apartment Project Located at 3517 Ryder Street, such Improvements to be Funded at Developer's Sole Cost
Report
COUNCIL PILLAR
Enhance Community Sports, Recreational and Arts Assets
Enhance Community Engagement and Transparency
Deliver and Enhance High Quality Efficient Services and Infrastructure
BACKGROUND
In July 2014, the City Council adopted Ordinance No. 1937, adding Chapter 17.35 "Park and Recreational Land" to the Santa Clara City Code (SCCC). The purpose of SCCC 17.35 is to help mitigate the impacts of new housing development growth on existing parkland and recreational facilities pursuant to the provisions of the State of California Quimby Act (Quimby) and/or the California Mitigation Fee Act (MFA). New residential developments are required to dedicate developed park and recreational land and/or pay a fee in lieu of parkland dedication.
On November 29, 2016, the City Council adopted the Lawrence Station Area Specific Plan, which provides guidelines for projects proposed within the specific plan boundaries.
On August 20, 2020, an Architectural Review Permit application proposing the construction of a four-story, multi-family residential development with up to 328 units (Project) was approved at the Development Review Hearing.
The Project will meet its parkland dedication requirements of 2.0467 acres as follows:
1. Installation of 0.7528 acres of private recreational amenity improvements, which provides a credit of 50% against the parkland dedication requirement; and
2. Payment of $8,550,563 in Mitigation Fee Act in-lieu fees.
This item requests Council consideration and approval of the Private Recreational Amenity Agreement (Attachment 1) necessary to implement the Proj...
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