Exhibit CC 03-31-2016 Item #1 Regarding Vallco Town Center Initiative CC 3 /3, 4
$ 1
March 31 Council
Meeting , Agenda Item 1
Xiaowen Wang
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Office
Park or Retail Center
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into perspective
Put
Impact Proposed remedy Reality
10,000 worker in S30 million toward 1280 Traffic Impact is
Traffic addition to 14, 200 at interchange Significant and
AApple I I S3 million possible to
pp city's bike route project Unavoidable
Add another 700 on I CUSD Measure H $220 million
already crowded schools No less than S40 FUHSD Measure K $295 million
School Collins: 100 over capacity million aggregate to How many classrooms we
Lawson: 90 over capacity CUSD and FUHSD can pack into a campus?
Cupertino High: at capacity
Public New sewer line, water, ? fundingunknown
services etc.
Feasibility? at least 60, 000
Park and 30 acre rooftop tons of soil on the roof
3 acre town square Mandate on rooftop garden
open space gardenpoten ; lI prohibit anyother
t a y p o
development designs
1
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Text in Initiative
Strategy LU-19.1.15: Green Roof and Recycled Water. To further enhance
and complement the open space requirements set forth in Strategy LUJ-19.1.8 and
to provide an exceptional community benefit,a publicly accessible green roof is
required for the portion of a project that fully redevelops the existing mall within
the Vallco Shopping District. The green roof shall be at least 30 acres in size with
a minimum of 3.K miles of publicly accessible trails. To minimize the water
demand associated with a green root,the use of recycled water and drought In addition to paying the maximum state-required school fees, which ore
tolerant and native landscaping that thrives on little to no irrigated water will be expected to be approximately $4 million, the Plan Areo will provide
utilized. To meet this obligation, future recycled water service shall be extended exceptional community benefits, summarized below, to the local schools
to the Valleo Shopping District by the developer. These requirements shall not including Fremont Union High School District ("FUHSD") and Cupertino
apply to any hotel project. Union School District MUSD"). While the precise nature of these
benefits must be determined in coordination and cooperation with the
school districts pursuant to separate agreements, the community benefits
for local schools shall be valued in the oggregote at no less than 10
times the legally-required amount, which would represent a total financial
contribution of opproximotely $40 million, If the school districts agree to
these benefits, the following are strongly encouraged:
Section 9. Amendment.
Prior to January 1. 2027, the provisions of this Initiative, including but not limited to the Valle()
Town Center Specific Plan that it adopts,can be amended or repealed only by a majority of the
voters of the City voting in an election held in accordance with state law. On or after January 1.
2027. a vote of the people shall not be required to amend or repeal any portion of this Initiative.
and this Initiative may be amended or repealed by any procedure otherwise authorized by law.