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HomeMy WebLinkAboutItem 4.2 Dublin Crossing Amend DAor 19 82 /ii � 111 DATE: TO: FROM: SUBJECT STAFF REPORT CITY COUNCIL February 2, 2016 Honorable Mayor and City Councilmembers CITY CLERK File #600 -60 Christopher L. Foss, City Manager " Amendment No. 2 to the Development Agreement Between the City of Dublin and Dublin Crossing LLC Related to the Dublin Crossing Project Prepared by Roger Bradley, Assistant to the City Manager EXECUTIVE SUMMARY: On January 19, 2016, the City Council introduced an Ordinance approving Amendment No. 2 to the Development Agreement between the City of Dublin and Dublin Crossing LLC Related to the Dublin Crossing Project. The City Council will consider adopting this Ordinance. FINANCIAL IMPACT: Implementation of the changes would have various financial benefits. The developer would pay the City $6 million in additional Community Benefit Payments, and would accelerate the timing of certain other Community Benefit Payments due under the Development Agreement. In addition, the developer would pay the Civic Center component of the Public Facilities Fees in advance, rather than with each building permit. Finally, Dublin Crossing LLC would be responsible for making certain improvements to the potential school /park site, to be owned by the City, within the Dublin Crossing community. RECOMMENDATION: Staff recommends that the City Council waive the reading and adopt the Ordinance Approving Amendment No. 2 to the Development Agreement Between the City of Dublin and Dublin LLC Related to the Dublin Crossing Project. DESCRIPTION: `Reviewed By Assistant City Manager Page 1 of 2 ITEM NO. 4.2 At its meeting of January 19, 2016, the City Council introduced an Ordinance approving Amendment No. 2 to the Dublin Crossing project with Dublin Crossing LLC. The January 19, 2016 Staff Report is included as Attachment 1 for reference, without its attachments. Staff recommends that the City Council adopt the Ordinance approving Amendment No. 2 to the Dublin Crossing project with Dublin Crossing LLC (Attachment 2). ENVIRONMENTAL REVIEW The City prepared an Initial Study, dated January 5, 2016, to determine whether the standards for subsequent or supplemental environmental review under CEQA are met, including whether there could be significant environmental impacts occurring as a result of this project that are new or substantially more severe than those already addressed in the Dublin Crossing Environmental Impact Report (EIR), which was certified by the City Council on November 5, 2013 (Resolution 186 -13). The Initial Study concluded that the proposed project would not have a new or substantially more severe significant effect on the environment than addressed in the certified Dublin Crossing EIR, no significant information has arisen since the certification of the EIR, and no other standards under CEQA that would require further environmental review have been met. Therefore, an Addendum to the EIR was prepared documenting these facts. NOTICING REQUIREMENTS /PUBLIC OUTREACH: None. ATTACHMENTS: 1. Staff Report — January 19, 2016, Item 4.14 without Attachments. 2. Ordinance Approving Amendment No. 2 to the Development City of Dublin and Dublin LLC Related to the Dublin Crossing Amendment No. 2 to the Development Agreement. Page 2 of 2 Agreement Between the Project, and Exhibit A —