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Item 4 - Exhibit 02 - Required Findings and Considerations PLANNING COMMISSION – September 9, 2020 REQUIRED FINDINGS FOR: 50 University Avenue, Suite B260 Variance Application V-20-001 Request for approval for a variance from the Town Code to exceed the maximum allowable sign area and an exception from the Commercial Design Guidelines to exceed the maximum letter height for a wall sign (Sephora) on property zoned C-2:LHP:PD, Located at 50 University Avenue, Suite B260. APN 529-02-044. Property Owner: SRI Old Town LLC. Applicant: Peter Liu. FINDINGS Required findings for CEQA: ■ The project is Categorically Exempt pursuant to the adopted Guidelines for the Implementation of the California Environmental Quality Act, Section 15301: Existing Facilities. Required findings for granting a Variance application to exceed the maximum allowable sign area: ■ As required by Section 29.20.170 of the Town Code for granting a Variance application: (1) Because of special circumstances applicable to the property, including size, shape, topography, location or surroundings, the strict application of this ordinance deprive s such property of privileges enjoyed by other properties in the vicinity and under identical zone; and (2) The granting of a variance would not constitute a grant of special privileges inconsistent with the limitations upon other properties in the vicinity and zone which such property is situated. Planned Development Ordinance: ■ The project is in conformance with Planned Development Ordinance 2025. Master Sign Program: ■ The project is in conformance with the Old Town Master Sign Program. EXHIBIT 2 Commercial Design Guidelines: ■ The proposed signage is consistent with applicable provisions of the Commercial Design Guidelines with the exception of exceeding the maximum letter height for a wall sign in the C-2 District. N:\DEV\FINDINGS\2020\University Avenue, 50 Suite B260 - Findings - PC 09-09-20.docx