Attachment 32CITY OF MOUNTAIN VIEW
RESOLUTION NO. 17914
SERlE.52014
A RESOLUTION ADOPTING A MINIMUM VALUE FOR PUBLIC BENEFITS
PROVIDED BY EL CAMiNO REAL PRECISE PLAN DEVELOPMENT
WHEREAS, on July 11, 2012, the City Council adopted the 2030 General Plan,
which recognizes public amenities, services, and improvements are needed to help
protect and enhance the City's quality of life, and the 2030 General Plan Action Plan,
which identifies the Development Review Process for implementation of key
improvements and General Plan objecti'ves; and
WHEREAS, in the El Camino Real Precise Plan, development is allowed without
public benefits if its floor area ratio (FAR) is up to 1.35, and larger development may be
allowed with public benefits; and
WHEREAS, the El Camino Real Precise Plan includes direction to adopt a
minimum value for public benefits, proportional to the project's building square
footage in excess of 1.35 FAR, which maintains reasonable developer return for a range
of parcel and project sizes, resulting in overall development costs consistent with other
nearby communities; and
WHEREAS, a list of desired public benefits, including affordable housing,
pedestrian and bicycle improvements, and public open space has been developed and
will be maintained by the City; and
WHEREAS, the City Council haa; considered desired public benefits at meetings
dated February 4, 2014 and September 23, 2014, based on recommendations from the
Environmental Planning Commission and public input; and
WHEREAS, affordable housing has been identified as a priority for the El Camino
Real Precise Plan, and public benefits are a key strategy for encouraging the
development of affordable units; and
WHEREAS, the City Council has considered an analysis conducted by Strategic
Economics, evaluating the development value increase from higher FAR allowed by the
Precise Plan; and
WHEREAS, the analysis demonstrates that a . public benefits value of $20 per
square foot in excess of 1.35 FAR maintains a reasonable developer return for a range of
parcel and project sizes, resulting in overall development costs consistent with other
nearby communities; and
WHEREAS, the analysis demonstrates that residential floor area adds value to a
protect more than commercial floor area, so developer return would be better reflected
by a public benefits value that is not applied to commercial floor area; and
WHEREAS, on November 13, 2014, the Environmental Planning Commission held
a duly noticed public hearing and thereafter forwarded its recommendation to the Oty
Council to adopt the El c.amino Real Precise Plan, its public benefits program, and a
recommended minimum public benefits value; and
WHEREAS, on November 17, 2014, having given notice as required by Chapter 36
of the Mountain View City Code, the City Council held a public hearing to consider the
El Camino Real Precise Plan, its pubiic benefits program, and adoption of a minimum
pub]ic benefits value;
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ATTACHMENT 3 2
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Mountain View:
1. That the City Council adopts a public benefits value of $20 per square foot in
excess of 1.35 FAR (inclusive of covered parking but not underground parking).
Ground-floor commercial square footage may be exempted from this amount.
2. Public benefits shall be required with value equal to this amount from
development greater than 1.35 FAR, consistent with the El Camino Real Precise Plan.
Public benefits provided shall be determined through project review and agreed upon
prior to project approval.
3. The value shall be annually adjusted for inflation based on the Consumer
Price Index for the San Francisco Bay Area, until a new public benefits value is adopted
by the City Council.
TIME FOR JUDICIAL REVIEW:
The time within which judicial review of this document must be sought is
governed by California Code of Procedure Section 1094.6 as established by Resolution
No. 13850 adopted by the City Council on August 9, 1983.
The foregoing Resolution was regularly introduced and adopted at a Special
Meeting of the City Council of the City of Mountain View, duly held on the 17th day of
November, 2014, by the following vote:
AYES:
NOES:
ABSENT:
NOT VOTING:
AITEST:
Councilmembers Abe-Koga, Bryant, Kasperzak, and Siegel
Councilmember Inks
None
Vice Mayor McAlister and Mayor Clark
APPROVED:
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CHRISTOPHER R. CLARK
MAYOR
J do hereby certify that the foregoing resolution was
passed and adopled by the City Council of the City of
Mountain View at a Special Meeting held on the 17th
day of vcmbcr, 2014, by the foregoing vote.
EA/ 7 / RESO / 899· 11-17~ 14r-E-2
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