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R-6769 . . G)(N- ~: C/ED :MT: lw GC Mtg: 10/25/83 Santa Mon1ca, Cal1forn1a RESOLUTION NO. 6769 CC1ty Counc1l Ser1es) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA CERTIFYING THE FINAL ENVIRONMENTAL IMPACT REPORT ON THE DEVELOPMENT AGREEMENT BETWEEN MARTIN CADILLAC COMPANY, INC., AND THE CITY OF SANTA MONICA WHEREAS, app11cat10n for a Development Agreement between the Mart1n Cad11lac Company, Inc, and the C1ty of Santa Monica for property located at 3300 Olymp1c Boulevard was made 1n May, 1983; and WHEREAS, an In1t1al Study was prepared on the proposed prOject 1n June 1983; and WHEREAS, a Not1ce of Preparat10n of an Env1ronmental Impact Report was issued 1n July 1983; and WHEREAS, Notice of Complet10n of a Draft Env1ronmental Impact Report was publ1shed 1n August 1983, 1n comp11ance w1th the Cal1forn1a Env1ronmental Qual1ty Act; and WHEREAS, a publ1C reV1ew per10d exp1red 1n September 1983; and WHEREAS, 1n September 1983, the complet10n of the F1nal EnV1ronmenta1 Impact Report on the proposed proJect, cons1stlng of the Draft Env1ronmental Impact Report, comments on the document, and responses to comments was certlfled; and . . WHEREAS, on October 25, 1983, the CIty Councll conducted a publicly noticed hearIng on the FInal EnvIronmental Impact Report. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The CIty CouncIl of the CIty of Santa MonIca does hereby certIfy that the FInal EnvIronmental Impact Report on the proposed Development Agreement between MartIn Cadillac, Inc., and the CIty of Santa MonIca has been completed In full complIance wIth the CalIfornIa EnVIronmental QualIty Act, the State EnVIronmental Impact Report GuidelInes, and the CIty of Santa MonIca CEQA GUIdelInes. In conJunctIon WIth thIS certIfIcatIon, the CIty CounCIl fInds as follows: a. The Final EnVIronmental Impact Report has IndIcated that the fOllOWIng SIgnIfIcant effects on the enVIronment, as defIned In TItle 14 CalIfornIa AdmInIstratIve Code, SectIon 15040, may result from the approval of the proposed development in the absence of mItIgatIon measures: o Land Use. ThIS project raIses potentIally SIgnIfIcant Issues relatIve to land use due to the dIvergence between the CIty'S eXIstIng and proposed land use polICIes. Where the proJect complIes WIth one set of polIcies, It often does not comply WIth the other and VICe versa. While the consequences of the proJect's comparIson WIth these eXIstIng and emergIng 2 . e po11cles were not found to be slgnLficantly adverse as meant by CEQA or even adverse in several instances, thlS background of transit10n 1n the C1ty'S land use regulatory framework creates a decisionmaking d1lemma of potent1ally signif1cant proportions. o C1rculat1on. The system of slte access proposed to serve the proposed off1ce complex as well as the automob11e dea1ershlp would be expected to generate unacceptably hazardous veh1cular operatLng cond1tions on the publ1C streets adJo1nlng the project slte. o Parklng. Each of the proJect's major use components have the potentlal to produce more park1ng demand than can be accommodated wlthln the on-slte parklng fac1lities servlng eLther the off1ce complex or the automobl1e dealership. Because the nearest area of on-street parklng capaclty lS adJo1n1ng and w1thln a resldent1al area located to the south of the project slte, off-s1te parklng demand assoclated wlth the proposed project could have potentlally sign1flcant 1ntruslve effects there, dependlng upon local perceptlon. o Hous1ng. Analysis Lodlcates that the off1ce component of the project wll1 generate a housing 1mpact demand for between 31 and 40 affordable houslng unlts; a slgn1flcant1y adverse 1mpact 1n the absence of mltlgatlon. o f~~~~l_l~E~~l. The project lS expected to produce an annually recurrlng flscal surplus of over $400,000. In Vlew of the municlpal programs havlng direct envlronmental beneflt 3 . . that could be contlnued, expanded, or lnltlated, this impact lS consldered slgnlflcant. b. In accordance wlth Resources Code Sectlon 21081 and Tlt1e 14 Callfornla Admlnistratlve Code Sectlon 15088, the City Council flnds that whlle potentlal slgniflcant effects have been ldentlfled, the followlng changes or alteratlons have been requlred ln, or lncorporated lnto the project Wh1Ch m1t1gate or avold the slgnlflcant envlronmenta1 effects as 1dent1f1ed by C1ty analysls and 1n the Flna1 Envlronmental Impact Report: (1) Land Use. The project des1gn has been revlsed to reduce lot coverage from 89% to 58%, and 1n add1tlon, adjusted gross floor area of the offlce component has been reduced from 267,000 sq. ft. to 226,127 sq.ft., reduclng the overall Floor Area RatlO. (2) Clrcu1atlon. Due to a net reduction In adjusted gross floor area ln the proposed offlce complex, a reductlon in project trafflc generatlon should be expected due to the proposed reV1Slons. Thus, the revlsed proJect's lmpacts at each of the lntersectlons evaluated In the Draft EIR should be lncrementally reduced. More slgnlflcantly, the current project concept lmp1ements each of the mitlgatlon measures recommended relative to vehlcular slte access 1n the Draft EIR (pages 92-93) correctlng what were consldered potent1ally slgnlf1cant adverse access deflclencles In the orlglnal concept. In addltlon, the current concept's revlsed garage entrance deslgn wlthin the proJect's Centlnela Avenue setback now accommodates a posslble dedicatlon of 12 to 13 feet along the slte's eastern property 4 . e 11ne w1th Wh1Ch to w1den the Cent1ne1a Avenue r1ght-of-way by one full lane. (3) Park1ng. The proposed Development Agreement has been reV1sed to 1nclude a reqU1rement that the prOject owner provide $50,000 to the City to fund start-up costs of a preferential parking dlstr1ct in the reSidential area south of the proJect, and to prov1de $5,000 per year for operat1on costs of such district. In add1t1on, the project owner 1S requIred to prepare and submIt for CIty approval a Transportation Systems Hanagement Plan to mlt1gate park1ng demand at the proJect. (4) HOUSIng. The proposed Development Agreement 1ncludes a proviSion that the project owner w1ll guarantee a revenue stream to the C1ty equal or greater than est1mated c1ty costs, 1ncludlng hous1ng and arts and SOCIal serVIces 1mpacts. (5) F1scal Impact. The slgnlf1cant pos1t1ve f1scal 1m pact of the prOject 1S VIewed as a benefICial effect. SECTION 2. The C1ty Clerk shall certify to the adoption of thIS Resolut1on, and thenceforth and thereafter the same shall be 1n full force and effect. Approved as to form: S~S~S~ Step~en Shane Stark Ass1stant City Attorney 5 . . ADOPTED AND APPROVED THIS 25th DAY OF October , 1983. ~ MAYOR I HEREBY CERTIFY THAT THE FOREGOING RESOLUTION NO. 6769 _WAS DULY ADOPTED BY THE CITY COUNCIL OF THE CITY OF SANTA MONICA ~T A MEETING THEREOF HELD ON October 25 . 1983 BY THE FOLLOWING COUNCIL VOTE: AYES: COUNCILMEMBERS: Conn, Epste~n, Jennlngs, Press, Reed, Zane ana Mayor Edwards NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None ABSTAIN: COUNCILMEMBERS: None ATTEST: ~~ )J~ CITY CLERK