REPORT TO COUNCIL
SUBJECT
Title
Action to Authorize the City Manager to Execute Agreements with SHAC Tasman CDM Apartments LLC for the Construction of Park Improvements and the Maintenance of the Park in perpetuity within the Tasman East Area [Council Pillar: Enhance Community Sports, Recreation and Art Assets]
Report
BACKGROUND
In July 2014, Council adopted Ordinance No.1937 adding Chapter 17.35 "Park and Recreational Land" to the Santa Clara City Code (SCCC) requiring new residential developments to provide developed park and recreational land, and/or pay a fee in-lieu pursuant to the Quimby Act and/or the Mitigation Fee Act (MFA) to address the impacts of the new residential population on the existing City parks and recreation system infrastructure.
On November 13, 2018, the City Council adopted the Tasman East Specific Plan (TESP) which provides guidelines for projects proposed within the specific plan boundaries: Tasman Drive to the south, the Guadalupe River to the east, City Place project to the north, and Lafayette Street to the west. The TESP also provides guidance on the neighborhood and mini parks to be dedicated for the area and the private recreational amenities eligible for credit against fees due in lieu of parkland dedication. All projects within the TESP are subject to review and approval by the City's Architectural Committee.
On March 6, 2019, the Architectural Committee approved SummerHill Apartment Communities' (SHAC) residential project and park dedication, located within the Hill District of the TESP. The Project application was submitted under the provisions of MFA. Based on the City's then current MFA standard of 2.53 acres of parkland per 1,000 residents and the Project's estimated 777 new residents, the Project will meet its parkland dedication requirement of 1.9665 acres (equivalent fee due in lieu of parkland is valued at $7,999,391) through the construction and dedication of 0.3604 acres of a public mini park as well as se...
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