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Item 3 - Exhibit 02 - Required Findings for Conditions of ApprovalPLANNING COMMISSION – November 11, 2020 REQUIRED FINDINGS FOR: 35 University Avenue Conditional Use Permit Application U-20-009 Requesting a Zoning Consistency Determination and Approval of a Conditional Use Permit for a Bank (Charles Schwab Community Banking and Investment Services) on Property Zoned C-2:LHP:PD. Located at 35 University Avenue. APN 529-02-044. PROPERTY OWNER: SRI Old Town LLC. APPLICANT: Amber DeMaglio FINDINGS Required Finding for CEQA: ▪ The project is Categorically Exempt pursuant to the adopted Guidelines for the Implementation of California Environmental Quality Act, Section 15301: Existing Facilities. No significant effect on the environment will occur since the project uses an existing structure with no increase in floor area. Required findings for a Conditional Use Permit: ▪ As required by Section 29.20.190 of the Town Code for granting a Conditional Use Permit: The deciding body, on the basis of the evidence submitted at the hearing, may grant a conditional use permit when specifically authorized by the provisions of the Town Code if it finds that: 1. The proposed use of the property is essential or desirable to the public convenience or welfare because it will relocate an existing banking and financial services business to a new location in the Central Business District; and 2. The proposed use would not impair the integrity and character of the zone because limitations will be placed in the conditions of approval to preserve the character of the residential zone; and 3. The proposed use would not be detrimental to public health, safety, or general welfare because the conditions of approval will address any potential impacts; and 4. The proposed use of the property is in harmony with the various elements or objectives of the General Plan and the purposes of the Town Code. EXHIBIT 2 S:\PLANNING COMMISSION REPORTS\2020\11-11-20\35 UNIVERSITY\EXHIBIT 2 - REQUIRED FINDINGS FOR CONDITIONAL USE PERMIT.DOCX This Page Intentionally Left Blank