RES 88015 - Laserfiche WebLink

THE ASSESSMENT DISTRICT Description of the Project The City has conducted assessment district roceedings to provide for the acquisition of certain public improvements for the benefit of F2nd wit in the Assessment District. The h ublic improvements the acquisition of which is to be financed through the. Assessmen~ F~istrict proceedings include a new street called Koll Center Parkway, and a new street called Koll Center Drive; the improvement of the south side of the Arroyo del Valle from Valley Avenue to Interstate Highway 680; the improvement of an area along the east side of the Interstate Highway 680; the ~nstallation of a system of utility improvements adjacent to Koll Center Parkway and Koll Center Drive; and the constructran of a sewer s stem, subdrain system and storm drainage system, together with all work auxiliary to any o~ the above and necessary to complete the same. Location and Terrain The City is located a proximately 40 miles southeast of San Francisco in the south- eastern portion of Alameda ~ounty. The Assessment District is located adjacent to Interstate Highway 680 at Bernal Avenue. It is therefore located within one hour driving time of t. he San Francisco and Oakland International Airports and within one hour of all major metropolitan centers of the San Francisco Bay Area, including San Francisco, Oakland, San Jose, Walnut Creek, San Mateo, Palo Alto and Berkeley. The Assessment District consists of approximately 87.931 net acres of generally level land. Land Use and Zoning The property within the Assessment District is zoned to permit the development of industrial, commercial and office buildings. joint v and Patrician Associates, Inc. The Develo er has received Planned Unit Development CPUD" zoning approval rom the City for tee development of the property. The PUD provides ~or the design and fayout of the project specifyin the maximum density, height, floor area ratio and specifying the landscaping and on- and o~-site improvements. The City and Developer have entered into a Development Agreement vesting until October 1, 1988 the Developers right to develop the property as specified in the PUD. The City retains discretionary approval over design of the remaining undevelo ed buildings and sites; additoinal mitigation measures for traffic and matters of healtE and safety; of conditionally allowed uses specified in the PUD; and construction. The City has a reed, in the Development A reement, to exercise its discretion in a manner that will not interfere with the develo ment o~the pro erty as approved by the PUD and will not make the project economicaFly infeasible or arbitrarily increase the cost of development. Other 'urisdictions have ap roval authority for various aspects of s ecific uses (e.g. County healtl~ department over ~od service) and are not limited by t~ee Development Agreement. Additional Traffic and Recreation Mitigation Measures significant road improvements necessary for the development of r City traffic