REPORT TO COUNCIL
SUBJECT
Title
Action to Authorize the City Manager to Execute an Agreement with Santa Clara Pacific Associates L.P. ("Developer") for the Installation and Operation of Private Recreational Amenity Improvements to Satisfy a Portion of Developer's Parkland Obligations for the 200 Affordable Unit Apartment Project located at 80 Saratoga Avenue, 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 City Code Chapter 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. Under SCCC 17.35.070, developers that provide eligible private recreational space may obtain a fifty percent (50%) credit against the developer's overall land dedication requirement. The amount of the credit is established by determining the total acreage of proposed private active recreational amenity space and dividing such total acreage by fifty percent (50%). The value of the resulting acreage is determined in accordance with the City's annual land valuation appraisal resolution and applied as a credit against the developer's overall land dedication requirement.
On September 14, 2022, the Architectural Review Committee approved a 100% affordable housing development application located at 80 Saratoga Avenue to construct a six-story mixed use development with 200 affordable residential apartme...
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