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,... ..., <br /> Page 5 <br /> Stanley Boulevard, pad sites with buildings near the street frontage and facing Stanley to <br /> the extent practicable. The environmental analysis will include a preferred alternative <br /> with development standards consistent with this shared vision such as: floor area ratio <br /> between .35 and .50; front setbacks of twenty feet, no side yard setbacks, and height <br /> maximums of three stories on Nevada Street and two stories on Stanley Boulevard. For <br /> properties developed with a building wall along the Nevada Street/sidewalk with parking <br /> in the rear,the parties contemplate that the site design would include attractive pedestrian <br /> walkways between the sidewalk and the parking areas designed to provide access to <br /> multiple buildings, supportive of the face front design. These development standards are <br /> intended to encourage pedestrian orientation to nearby uses and by way of the arroyo <br /> trail,to downtown. <br /> 8. Residential. The Property Owners are not asking for or expecting residential zoning. <br /> If the City, in its discretion, creates a mixed use zoning district including residential, the <br /> Properties will be considered as a possible location for that mixed use zone. <br /> 9. Parcel Map. It is contemplated that a development agreement for the Zia Property <br /> will provide for the City to create the Nevada Street right of way parcel by parcel map or <br /> parcel map waiver such that the two remainder parcels bisected by the Nevada Street <br /> right of way are separate legal parcels. <br /> Agreed: <br /> Signed in counteraart <br /> Jeanette Irby,Trustee Date <br /> Irby Family Trusts <br /> Agreed: <br /> Signed in counterpart <br /> Zia Corporation, Date <br /> By: Linda BoWuini <br /> Authorized Agent <br /> u Zb/o <br /> Christine Kaplan(Co-Trus ee) � � Date <br /> Kaplan Trust <br /> �IMI. Mathews( o-Trus Date <br /> Kaplan Trust <br /> 2�Z�;f __ Z�-2�vlD <br /> Freda Kaplan(Co rustee) Date <br /> Kaplan Trust <br />