910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
Council Chambers
Mayor Knoblock
Mayor Pro Tem Enmeier
Councilmember Cabral
Councilmember Loeffler
Councilmember Wu
5:00 p.m. - Closed Session (Special Meeting)
5:30 p.m. - Business Meeting (Regular Meeting)
CITY OF SAN CLEMENTE
Tuesday, October 21, 2025
City Council
Special and Regular Meeting Agenda
Information concerning City Council Meeting protocols and procedures is contained at the end of this agenda.
MISSION STATEMENT
The City of San Clemente, in partnership with the community we serve, will foster a tradition dedicated to:
Maintaining a safe, healthy atmosphere in which to live, work and play; Guiding development to ensure responsible growth while preserving and enhancing our village character, unique environment and natural amenities; Providing for the City’s long-term stability through promotion of economic vitality and diversity…
Resulting in a balanced community committed to protecting what is valued today while meeting tomorrow’s needs.
CALIFORNIA ENVIRONMENTAL QUALITY ACT
The California Environmental Quality Act (“CEQA”) is the state law that requires the City to evaluate and document the potential environmental consequences of discretionary decision. (See, California Public Resources Code Sections 21000-21189.3; and the “CEQA Guidelines” at California Code of Regulations Title 14, Division 6, Chapter 3, Sections 15000-15387). For each item that requires a CEQA determination by the City Council, there is a reference to that determination on this agenda, and more information regarding the CEQA analysis is included in the documents that accompany this agenda. To the extent that City staff determines that particular items are not subject to CEQA, there will be no indication of a CEQA action on this agenda.
DISCLOSURE OF CAMPAIGN CONTRIBUTIONS
Pursuant to Government Code § 84308, City Council Members are disqualified and not able to participate in any agenda item involving contracts (other than competitively bid, labor, or personal employment contracts), franchises, discretionary land use permits and other entitlements if the City Council Member received more than $500 in campaign contributions from the applicant or contractor, an agent of the applicant or contractor, or any financially interested participant who actively supports or opposes the City’s decision on the agenda item since January 1, 2023. Members of the City Council who have received, and applicants, contractors or their agents who have made, campaign contributions totaling more than $500 to a City Council Member since January 1, 2023, are required to disclose that fact for the official record of the subject proceedings. Disclosures must include the amount of the campaign contribution and identify the recipient City Council Member and may be made either in writing to the City Clerk before the agenda item or by verbal disclosure during consideration.
1 City Council Special and Regular Meeting Agenda October 21, 2025 CLOSED SESSION (SPECIAL MEETING 5:00 P.M.)
A. CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION
Existing litigation pursuant to Government Code Section 54956.9(d)(1) Number of Cases: 1
Case Name: VM Development II, LLC v. City of San Clemente Orange County Superior Court Case No.: 30-2025-01512943-CU-WM-CJC BUSINESS MEETING (REGULAR MEETING 5:30 P.M.)
CALL TO ORDER
INVOCATION – Ryder Steimle, Stake Interfaith Specialist, Church of Jesus Christ of Latter-Day Saints
PLEDGE OF ALLEGIANCE
ROLL CALL
1. Special Presentations
A. FISCAL YEAR 2024-2025 UNAUDITED PRELIMINARY 4TH QUARTER
FINANCIAL REPORT
Presentation by Finance Manager Mariano concerning the unaudited preliminary 4th quarter financial report.
2. Council Member Reports
3. Oral Communications (Part 1)
Members of the audience who wish to address Council on matters that are within the jurisdiction of the City of San Clemente, but not separately listed on the agenda, may do so during the Oral Communications portion of the meeting. Speakers may address Council once during either Oral Communications Part 1 or Part 2. A total time limitation of 30 minutes is allocated for Oral Communications Part 1, with each speaker being allotted 3 minutes in which to give his or her presentation. Speaker order is determined by the order in which speaker cards are provided to the City Clerk or Deputy City Clerk at the meeting. Speakers that cannot be accommodated during Oral Communications Part 1 will be invited to address Council during Oral Communications Part 2, which appears on this agenda as Item No. 12. When invited by the Mayor, please step to the podium, and if you wish, state your name and the City in which you reside, and make your presentation. Under the Ralph M. Brown Act, the City Council cannot act on items raised during public comment but may respond briefly to statements made or questions posed, request clarification or refer the item to staff.
4. Motion waiving reading in full of all Resolutions and Ordinances
5. Consideration of agendizing items requiring immediate action Per Government Code section 54954.2(b) and 54956.5. Any items agendized will be considered under New Business, unless otherwise determined by a majority vote of the City Council.
2 City Council Special and Regular Meeting Agenda October 21, 2025
6. Closed Session Report - City Attorney
7. Staff Communications
8. Public Hearings
The Public Hearing process includes a staff presentation, a presentation by the applicant not to exceed ten (10) minutes, and public testimony (not to exceed three minutes per speaker). Following closure of the Public Hearing, the City Council will respond to questions raised during the hearing, discuss the issues, and act upon the matter by motion.
8A. DE NOVO APPEAL HEARING OF PUBLIC HEARING PROJECT (PHP) 25-323, HANSON HOTEL, A REQUEST TO CONSTRUCT A 61-ROOM
BOUTIQUE HOTEL WITH ROOFTOP RESTAURANT, CAFÉS,
SUBTERRANEAN PARKING, AND RELATED IMPROVEMENTS, AND
FINDING THE PROJECT CATEGORICALLY EXEMPT FROM THE
CALIFORNIA ENVIRONMENTAL QUALITY ACT
De Novo Public Hearing to consider a development request for the Hanson Hotel, Public Hearing Project (PHP) 25-323, which was approved by the Planning Commission on August 20, 2025, and subsequently appealed to the City Council by a member of the public. The Project includes the development of a three-story, 61 room hotel, with a third-floor rooftop restaurant and bar, two cafes, pool with a bar and restaurant, and a two-level subterranean parking structure with site improvements including walls, hardscape, landscaping, pedestrian improvements, improvements in the City right-of-way, outdoor seating for the restaurants and cafes, amplified music, and full range alcohol service (Type 47 License). The Project is located on a vacant lot at 1801 N. El Camino Real, which is within North Beach/North El Camino Real Focus Area and Gateway in the Mixed Use 1 (MU1) zoning designation. The site is also within the Central Business (CB) District, Architectural (A) Overlay, and Coastal Overlay (MU1-A-CB-CZ).
Staff Recommendation
Continue the public hearing, to a date uncertain, to consider the appeal of Public Hearing Project (PHP) 25-323, Hanson Hotel, to allow staff the time to complete the environmental analysis necessary to fully respond to the issues raised in the appeal.
3 City Council Special and Regular Meeting Agenda October 21, 2025 8B. INTRODUCTION (FIRST READING) OF ORDINANCE NO. 1796 TO AMEND CHAPTER 8.16 AND TITLE 15 OF THE SAN CLEMENTE MUNICIPAL CODE TO ADOPT THE 2025 CALIFORNIA BUILDING CODE REGULATIONS WITH
CERTAIN ADDITIONS, AMENDMENTS, AND DELETIONS
Public Hearing to consider an ordinance of the City Council of The City of San Clemente, California, amending San Clemente Municipal Code Title 15, Chapters 15.05, 15.08, 15.11, 15.12, 15.14, 15.16, 15.17, 15.18,
15.20, 15.22, 15.23, and Title 8, Chapter 8.16, and adding Chapter 15.13 to the San Clemente Municipal Code, and adopting by reference the 2025 California Building Standards Code (California Code Of Regulations, Title 24), consisting in part of the 2025 California Administrative Code, the 2025 California Building Code, the 2025 California Residential Code, the 2025 California Electrical Code, the 2025 California Mechanical Code, the 2025 California Plumbing Code, the 2025 California Fire Code, the 2025 California Green Building Standards Code, the 2025 California Energy Code, the 2025 California Wildland-Urban Interface Code, the 2025 California Historical Building Code, the 2025 California Existing Building Code, and the 2025 California Referenced Standards Code, together with certain additions, amendments, and deletions thereto, and repealing Ordinance No.1738.
Staff Recommendation
1. Introduce and conduct the first reading of Ordinance No. 1796 entitled AN
ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING TITLE 15, CHAPTERS 15.05, 15.08, 15.11,
15.12, 15.14, 15.16, 15.17, 15.18, 15.20, 15.22, 15.23 OF AND TITLE 8, CHAPTER 8.16 OF AND ADDING CHAPTER 15.13 TO THE SAN
CLEMENTE MUNICIPAL CODE AND, ADOPTING BY REFERENCE THE
2025 CALIFORNIA BUILDING STANDARDS CODE (CALIFORNIA CODE OF REGULATIONS, TITLE 24), CONSISTING IN PART OF THE 2025 CALIFORNIA ADMINISTRATIVE CODE, THE 2025 CALIFORNIA BUILDING CODE, THE 2025 CALIFORNIA RESIDENTIAL CODE, THE 2025
CALIFORNIA ELECTRICAL CODE, THE 2025 CALIFORNIA MECHANICAL CODE, THE 2025 CALIFORNIA PLUMBING CODE, THE 2025
CALIFORNIA FIRE CODE, THE 2025 CALIFORNIA GREEN BUILDING STANDARDS CODE, THE 2025 CALIFORNIA ENERGY CODE, THE 2025 CALIFORNIA WILDLAND-URBAN INTERFACE CODE, THE 2025
CALIFORNIA HISTORICAL BUILDING CODE, THE 2025 CALIFORNIA EXISTING BUILDING CODE, AND THE 2025 CALIFORNIA REFERENCED
STANDARDS CODE, TOGETHER WITH CERTAIN ADDITIONS,
AMENDMENTS, AND DELETIONS THERETO AND REPEALING
ORDINANCE NO.1738.
2. Find that the changes and modifications to the 2025 Editions of the
4 City Council Special and Regular Meeting Agenda October 21, 2025 California Building, Plumbing, Mechanical, Electrical, Residential, Wildland-Urban Interface Code, Existing Building, and Fire Codes are reasonably necessary due to local climatic, geological, or topographical conditions in San Clemente. Other amendments are of an administrative or procedural nature and concern themselves with subjects that are not covered by the Code or are reasonably necessary to safeguard life and property within the City of San Clemente. Adoption of these codes as amended will implement the latest codes in the City, and complies with current State law and Repeals Ordinance No.1738.
3. Set a Public Hearing for November 4, 2025, to consider the adoption of Ordinance No. 1796, and direct staff to advertise the Public Hearing as required by State law.
9. Unfinished Business
None.
10. New Business
10A. INTRODUCTION AND FIRST READING OF AN ORDINANCE AMENDING TITLE 6 OF THE SAN CLEMENTE MUNICIPAL CODE RELATING TO ANIMAL
CONTROL, WELFARE, AND LICENSING REQUIREMENTS WITHIN THE
CITY OF SAN CLEMENTE
Staff Recommendation
Introduce and conduct the first reading of Ordinance No. 1797 entitled AN
ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING TITLE 6 OF THE SAN CLEMENTE MUNICIPAL
CODE RELATING TO ANIMAL CONTROL WITHIN THE CITY OF SAN
CLEMENTE.
10B. RESIGNATION OF ARTS AND CULTURE COMMITTEE MEMBER AND
COMMUNITY SAFETY AND WELFARE COMMITTEE MEMBER
Staff Recommendation
1. Accept the resignations of Tiffany Campbell from the Arts and Culture Committee and Kelli Gallion-Sholler from the Community Safety and Welfare Committee, with regret.
2. Provide direction to Staff on whether to leave the vacancies open or solicit applications to fill the remainder of Ms. Campbell’s and/or Ms. Gallion Sholler’s term (June 2027).
5 City Council Special and Regular Meeting Agenda October 21, 2025 10C. REVIEW OF THE CARS AND COFFEE EVENT, AN APPROVED WEEKLY EVENT UNDER CONDITIONAL USE PERMIT 22-328, FOR PERMITTED
EVENTS AT THE OUTLETS AT SAN CLEMENTE, AND CONSIDERATION TO
INITIATE A PUBLIC HEARING PURSUANT TO SAN CLEMENTE MUNICIPAL CODE SECTION 17.12.175 - CITY INITIATED CHANGES OR REVOCATION
OF APPROVED APPLICATIONS
Staff Recommendation
Provide direction on whether to initiate a public hearing to modify or revoke Conditional Use Permit 22-328 at a noticed public hearing in accordance with San Clemente Municipal Code Section 17.12.175.
10D. INFORMATIONAL REPORT ON THE CITY’S HOUSING ELEMENT
IMPLEMENTATION & AFFORDABLE HOUSING OPPORTUNITIES
Staff Recommendation
Receive and file the Administrative Report, dated October 21, 2025 and on file with the City Clerk, which will:
1. Maintain the directive of staff to implement the goals, strategies, programs, and objectives of the Housing Action Plan as certified by the State of California through the 2021-2029 Housing Element.
2. Allow staff to continue evaluating potential sites for affordable housing development through the pending Real Estate Asset Management Plan, and return with feasibility analyses for Council consideration at a later date.
10E. REFERRAL OF THE LODGE HOTEL PROJECT AT 401 W. AVENIDA VISTA
HERMOSA TO THE DESIGN REVIEW SUBCOMMITTEE, PURSUANT TO THE SAN CLEMENTE MUNICIPAL CODE SECTION 17.12.025
(Agendized by Councilmember Loeffler, with the support of Councilmember Enmeier, Councilmember Cabral and Councilmember Wu, at the October 7, 2025 City Council meeting.)
Staff Recommendation
Continue item and future consideration of Resolution No. 25-158, which would refer the Lodge Hotel project to the Design Review Subcommittee for guidance on compliance with San Clemente Municipal Code standards related to lighting and noise contained within San Clemente Municipal Code
17.24.130 and San Clemente Municipal Code 8.48, respectively.
6 City Council Special and Regular Meeting Agenda October 21, 2025 10F. DISCUSSION ABOUT AND POTENTIAL MODIFICATION OF CITY COUNCIL POLICY 1201-11, SPECIFICALLY SECTIONS 4.5.4 AND 4.5.6 RELATING TO
PLACEMENT OF ITEMS ON THE CITY COUNCIL MEETING AGENDA BY
MEMBERS OF THE CITY COUNCIL AND RECONSIDERATION OF
PREVIOUS ACTIONS OF THE CITY COUNCIL - UPDATED AND MODIFIED CONSISTENT WITH CITY COUNCIL DIRECTION ON OCTOBER 7, 2025 (Continued from the October 7, 2025 City Council meeting.) Staff Recommendation
Modify City Council Policy 1201-11 regarding placement of items on the City Council agenda to avoid discussion of items that are not on the current agenda and to allow members of the City Council to have a short discussion about future agenda items before they are placed on the agenda, and clarification of the process to reconsider previous actions of the City Council.
11. Consent Calendar
All items listed on the Consent Calendar are considered to be routine and will be enacted by one motion without discussion unless Council or Staff requests removal of an item for separate discussion and action.
A. City Council Minutes
Staff Recommendation:
(1) APPROVE THE REGULAR CITY COUNCIL MEETING MINUTES OF OCTOBER 7, 2025.
B. Commission/Committee Minutes
Staff Recommendation:
Receive and file the following:
(1) BEACHES, PARKS & RECREATION COMMISSION ADJOURNED
REGULAR MEETING MINUTES OF AUGUST 26, 2025.
(2) DESIGN REVIEW SUBCOMMITTEE REGULAR MEETING MINUTES
OF SEPTEMBER 24, 2025.
(3) PLANNING COMMISSION REGULAR MEETING MINUTES OF
OCTOBER 8, 2025.
(4) ZONING ADMINISTRATOR REGULAR MEETING MINUTES OF
OCTOBER 9, 2025.
7 City Council Special and Regular Meeting Agenda October 21, 2025 C. Warrant Register
(1) APPROVE WIRE TRANSFER NOS.
3316 THROUGH 3324 AND WARRANT NOS.
607424 THROUGH 607543, PAID ON
10-3-25, IN THE AMOUNT OF $1,243,640.00
(2) APPROVE WARRANT NOS.
607544 THROUGH 607694, PAID ON
10-10-25, IN THE AMOUNT OF $2,907,650.06
TOTAL WARRANT REGISTER $4,151,290.06
Payroll Register
AUTOMATIC DEPOSIT ADVISES 106689
THROUGH 107008, FOR THE PERIOD
9-15-25 THROUGH 9-28-25, PAID
ON 10-3-25, IN THE AMOUNT OF $572,666.32
TOTAL PAYROLL REGISTER $572,666.32
11D. CONSIDERATION OF APPROVING THE ARTS AND CULTURE COMMITTEE FY 2025-26 WORK PLAN AND MAKING FINDINGS UNDER THE
CALIFORNIA ENVIRONMENTAL QUALITY ACT RELATED THERETO
Arts and Culture Committee and Staff Recommendation
Adopt Resolution No. 25-159, which will:
1. Make findings under the California Environmental Quality Act as to the items on the work plan.
2. Approve the Arts and Culture Committee 2025-26 Work Plan. 11E. NOTICE OF COMPLETION - BONITO CANYON PARK PLAYGROUND
SHADE STRUCTURE WITH TWO OTHER COMPONENTS
(RELANDSCAPING OF SLOPE AND EXPANDED BIKE RACKS) PENDING
COMPLETION
Staff Recommendation
Adopt Resolution No. 25-160, which will:
1. Accept the Bonito Canyon Park Shade Structure, CIP No. 15105, from the contractor, Landscape Structures, Inc.
2. Authorize the City Clerk to execute and record Notice of Completion for the Bonito Canyon Park Shade Structure.
8 City Council Special and Regular Meeting Agenda October 21, 2025
3. Authorize the City Clerk to release the payment bond 35 days from the recordation of the Notice of Completion upon verification with the Engineering Division that no liens have been levied against the contractor, Landscape Structures, Inc.
4. Authorize the City Clerk to release the performance bond. 11F. NOTICE OF COMPLETION - EL CAMINO REAL CORRIDOR RUNOFF
TREATMENT PROJECT
Staff Recommendation
Adopt Resolution No. 25-161, which will:
1. Accept the El Camino Real Runoff Treatment Project, CIP Project No. 26802, from the contractor, G2 Construction, Inc.
2. Authorize the City Clerk to execute and record the Notice of Completion for the El Camino Real Runoff Treatment Project.
3. Authorize the City Clerk to release the payment bond 35 days from the recordation of the Notice of Completion upon verification with the Engineering Division that no liens have been levied against the contractor, G2 Construction, Inc.
4. Authorize the City Clerk to release the performance bond for this project upon receipt of a warranty bond in a form acceptable to the Public Works Director/City Engineer in the amount of 25% of the total construction cost. 11G. CONTRACT AMENDMENT - PEDESTRIAN AUDIBLE WARNING SYSTEM
REHABILITATION PROJECT, TO EXTEND THE CONTRACT TERM UNTIL
THE SUCCESSFUL COMPLETION OF THE PROJECT
Staff Recommendation
Adopt Resolution No. 25-162, which will:
1. Approve an amendment to the Professional Consultant Services Agreement with Pacific Railway Enterprises, Inc. for the Pedestrian Audible Warning System Rehabilitation Project to extend the contract term until the successful completion of the project.
2. Approve, and authorize the City Manager to execute, Amendment No. 1 to Contract No. C24-58, by and between the City of San Clemente and Pacific Railway Enterprises, Inc., providing for the Pedestrian Audible Warning System Rehabilitation Project, to extend the contract term until the successful completion of the project, in a form substantially similar to Attachment 2 of the Administrative Report dated October 21, 2025 and on
9 City Council Special and Regular Meeting Agenda October 21, 2025 file with the City Clerk.
11H. CONTRACT AWARD - DIGESTER NO. 2 STRUCTURAL AND MECHANICAL
REHABILITATION, AND FINDING THE PROJECT CATEGORICALLY
EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT
Staff Recommendation
Adopt Resolution No. 25-163 which will:
1. Find the Digester No. 2 Structural and Mechanical Rehabilitation, CIP Project No. 12204 categorically exempt from the California Environmental Quality Act (CEQA) under Class 1 (Existing Facilities, 14 CCR section 15301) of the State CEQA Guidelines.
2. Award the Digester No. 2 Structural and Mechanical Rehabilitation to Vicon Enterprise, Inc.
3. Approve, and authorize the City Manager to execute, Contract No. C25- 52, by and between the City of San Clemente and Vicon Enterprise, Inc., providing for the Digester No. 2 Structural and Mechanical Rehabilitation, in an amount not to exceed $715,000, in a form substantially similar to Contract No. C25-52, Attachment 2 of the Administrative Report dated October 21, 2025 and on file with the City Clerk.
11I. CONTRACT AWARD - CAMINO MIRA COSTA MEDIAN ISLAND, APPROVING
THE MODIFIED PEDESTRIAN REFUGE ISLAND DESIGN, AND FINDING THE
PROJECT CATEGORICALLY EXEMPT FROM THE CALIFORNIA
ENVIRONMENTAL QUALITY ACT
Staff Recommendation
Adopt Resolution No. 25-164, which will:
..recommendation
1. Find the Camino Mira Costa Median Island, CIP Project No. 15323, categorically exempt from the California Environmental Quality Act (CEQA) under Class 1 (Existing Facilities, 14 CCR section 15301) of the State CEQA Guidelines.
2. Approve the modified design as illustrated in Attachment 4 of the Administrative Report, dated October 21, 2025 and on file with the City Clerk, as follows:
a. Pedestrian refuge island in the painted median on Camino Mira Costa. b. Signage and flashing beacons to alert approaching drivers about the presence of pedestrian refuge island and crossing pedestrians.
10 City Council Special and Regular Meeting Agenda October 21, 2025 c. PED XING markings in the vehicular travel lanes leading up to the refuge island.
d. 30-foot red curb on both sides of Camino Mira Costa in front of Mira Costa Park.
3. Award the Camino Mira Costa Median Island construction contract to Gentry General Engineering, Inc. as lowest responsible and responsive bidder.
4. Approve, and authorize the City Manager to execute, Contract No. C25- 53, by and between the City of San Clemente and Gentry General Engineering, Inc., providing for the Camino Mira Costa Median Island, in an amount not to exceed $74,846, in a form substantially similar to Attachment 3 of the Administrative Report dated October 21, 2025 and on file with the City Clerk.
11J. CONSIDERATION OF ADOPTING THE 2025 SEWER SYSTEM
MANAGEMENT PLAN, DESIGNATING A LEGALLY RESPONSIBLE
OFFICIAL AS REQUIRED BY THE REGIONAL WATER QUALITY CONTROLS BOARD’S WASTE DISCHARGE REQUIREMENTS, AUTHORIZING THE CITY
MANAGER AND THE UTILITIES MANAGER TO APPROVE ANY FURTHER
MINOR UPDATES TO THE PLAN, AND FINDING THE PROJECT
CATEGORICALLY EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL
QUALITY ACT
Staff Recommendation
Adopt Resolution No. 25-165, which will:
1. Find the actions categorically exempt from the California Environmental Quality Act (CEQA) under Class 8 of the State CEQA Guidelines, Section 15308 - Actions By Regulatory Agencies for the Protection of the Environment.
2. Appoint the Utilities Manager as the Legally Responsible Official under the Regional Water Quality Controls Board’s Waste Discharge Requirements.
3. Approve and adopt the 2025 Sewer System Management Plan.
4. Authorize the City Manager and Utilities Manager to approve any future minor updates mandated by the State Water Resources Control Board regarding the Sanitary Sewer Management Plan, Sanitary Sewer Overflow Prevention Plan and Sanitary Sewer Overflow Emergency Response Plan.
11 City Council Special and Regular Meeting Agenda October 21, 2025 11K. CONSIDERATION OF A RESOLUTION APPROVING FINAL PARCEL MAP 2025-109, 214 WEST MARIPOSA DUPLEX CONDOMINIUM SUBDIVISION Staff Recommendation
Adopt Resolution No. 25-155, which will:
1. Approve the Final Parcel Map 2025-109 as it conforms to the requirements set forth in the Subdivision Map Act and the previously approved Tentative Parcel Map.
2. Accept on behalf of the City of San Clemente the water rights as dedicated.
3. Authorize and direct the Public Works Director/City Engineer to execute the Final Parcel Map.
4. Authorize and direct the City Clerk to execute and submit the Final Parcel Map for recordation with the County of Orange Recorder’s Office. 11L. CONSIDERATION OF A RESOLUTION APPROVING AN EASEMENT FOR
RIGHT OF WAY, CONSTRUCTION, AND MAINTENANCE FOR THE
RESERVOIR NO. 5 SITE FROM RANCHO SAN CLEMENTE COMMUNITY
ASSOCIATION, AUTHORIZING THE CITY MANAGER TO NEGOTIATE,
FINALIZE AND EXECUTE THE EASEMENT, ACCEPTING THE EASEMENT
RIGHTS AS DEDICATED AND FINDING THE ACTIONS CATEGORICALLY
EXEMPT UNDER THE CALIFORNIA ENVIRONMENTAL QUALITY ACT
Staff Recommendation
Adopt Resolution No. 25-166, which will:
1. Find the actions categorically exempt from the California Environmental Quality Act (CEQA) under Class 1 of the state CEQA Guidelines Section 15301 (14 CCR Section 15301, Existing Facilities).
2. Approve, and authorize the City Manager to negotiate, finalize and execute an easement (D-543) for the Reservoir 5 site with Rancho San Clemente Community Association similar to the Easement Deed shown in Attachment 2 of the administrative Report dated October 21, 2025 and on file with the City Clerk, with any revisions necessary and advisable in consultation with the City Attorney.
3. Authorize the City Manager to negotiate and finalize the exhibits to such Easement Deed, including Exhibit A (legal description) and Exhibit B (Plat Map) of the Administrative Report dated October 21, 2025 and on file with the City Clerk, to cover the area needed for City purposes as generally
12 City Council Special and Regular Meeting Agenda October 21, 2025 shown in Attachment Number 3 of the Administrative Report dated October 21, 2025 and on file with the City Clerk.
4. Accept the dedication and authorize the City Manager to execute a certificate of acceptance of the easement for the Reservoir 5 site.
12. Oral Communications (Part 2)
Members of the audience who wish to address Council on matters that are within the jurisdiction of the City of San Clemente, but not separately listed on the agenda, may do so during the Oral Communications portion of the meeting. When invited by the Mayor, please step to the podium, and if you wish, state your name and the City in which you reside, and make your presentation, not to exceed three minutes. Under the Ralph M. Brown Act, the City Council cannot act on items raised during public comment but may respond briefly to statements made or questions posed, request clarification or refer the item to staff.
13. Future Agenda Items
14. Reports
A. City Attorney
B. City Manager
15. Adjournment
The next Regular City Council Meeting is scheduled to take place on November 4, 2025. Closed Session will begin at 4:30 p.m. and the Regular Business Meeting will begin at 5:30 p.m. The meeting will take place in the Council Chambers, located at 910 Calle Negocio, 2nd Floor, San Clemente.
13 City Council Special and Regular Meeting Agenda October 21, 2025
CITY COUNCIL MEETING PROCEDURES
RULES FOR ADDRESSING COUNCIL
• Members of the public may address the City Council on matters within the jurisdiction of the City of San Clemente.
• If you wish to address Council, please complete one of the blue speaker cards located at the entrance to the Council Chambers and turn it in to the City Clerk or Deputy City Clerk. • Persons wishing to address Council concerning an agendized item will be invited to address Council during the time that Council is considering that particular agenda item.
Persons wishing to address Council concerning a non-agendized issue will be invited to address Council during the “Oral Communications” portion of the meeting. • When invited by the Mayor, please step to the podium, and if you wish, state your name and the City in which you reside, and make your presentation. Please limit your presentation to three minutes.
PRESENTATION OF WRITTEN MATERIALS TO COUNCIL
In order to ensure that Councilmembers have adequate time to consider written materials concerning agenda items, it is strongly recommended that such materials be submitted to the City Clerk by noon the date preceding the Council meeting.
MEETINGS RECORDED AND TELEVISED
City Council meetings are broadcast live and are replayed periodically on Cox Communications Local Access Channel 854. Meetings are also available for live-stream or post meeting viewing from the City’s website.
Meetings are also recorded via audio CD and/or DVD and retained as a City record in accordance with the City’s records retention schedule.
USE OF ELECTRONIC VISUAL AIDS BY PUBLIC AT MEETINGS
To allow staff adequate time to confirm software compatibility, individuals wishing to utilize electronic visual aids to supplement their oral presentations at the meeting, must submit the electronic files to the City Clerk by no later than 12:00 p.m. on the day of the meeting. Only compatible electronic formats will be permitted to be used on City audio/visual computer equipment. Staff makes no guarantee that such material will be compatible, but will use its best efforts to accommodate the request. Electronic presentations shall be limited to visual media, without prerecorded audio narration, that augment a live verbal presentation addressed to the City Council. The display of visual media shall be ancillary to, and not presented in place of, live verbal narration. Members of the public shall not be permitted to connect equipment to the City's computer system. Members of the public shall not be permitted to access the internet from the City's computer equipment. Visual presentations must be provided to the City Clerk in a display-ready format. In no case shall Staff be required to develop a presentation for public use.
This prohibition includes, but is not limited to, compiling of City records, downloading data from websites, or gathering or modifying data provided by the public.
LENGTH OF MEETINGS
At 11:00 p.m., the City Council will determine which of the remaining agenda items can be considered and acted upon at this meeting and will continue all other agenda items to a future meeting.
AMERICANS WITH DISABILITIES ACT
Pursuant to the Americans with Disabilities Act, persons with a disability who require a disability-related modification or accommodation in order to participate in a meeting, including auxiliary aids or services, may request such modification or accommodation from the City Clerk at (949) 361-8200. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to the meeting.
COMMUNICATION DEVICES
To minimize meeting distractions and sound system interference, please be sure all personal communication devices are turned off or on silent mode.
14 City Council Special and Regular Meeting Agenda October 21, 2025
MEETING SCHEDULE
Regular Council Meetings are held on the first and third Tuesdays of each month in the Council Chambers, located at 910 Calle Negocio, 2nd floor, San Clemente. Closed Session are considered at 5:00 p.m. and the Business Meeting begins at 6:00 p.m. Additional meetings of the City Council may be called as needed.
AGENDAS, ADMINISTRATIVE REPORTS AND SUPPLEMENTAL WRITTEN MATERIALS Agendas and Administrative Reports are available for review and/or copying at the City Clerk’s Department as soon as agendas are posted, by accessing the City’s website at www.san-clemente.org. An “Inspection Copy” of agenda materials is also located at the entrance to the Council Chambers during meetings for public review. All written material distributed to a majority of the Council after the original agenda packet was distributed is available for public inspection in the City Clerk’s Department, located at 910 Calle Negocio, San Clemente, during normal business hours.
The City Clerk’s Department offers an agenda packet subscription service free of charge. If you wish to receive email copies of City Council agendas, which include hyperlinks to staff reports and other back-up material, register at http://san-clemente.org/enotification.
15 910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: October 21, 2025 Agenda Item: A.
16 April-June 2025
CURRENT FINANCIAL CONDITION
In FY 2024-25, the City’s adopted General Fund budget
included a positive operating position. At the end of the fourth quarter, while total expenditures exceed
revenues, due mainly to transfers into the General Fund from previously funded capital projects, both revenues
and expenditures are within budgetary expectations for
this time of the fiscal year. At year-end, the estimated General Fund unrestricted fund balance is $7,711,373,
nearly $2.7 million above the adjusted budget amount.
It is important to note that these are unaudited numbers for Fiscal Year 24-25.
GENERAL FUND
General Fund revenues through the fourth quarter total
$88.3 million, or 99% of the $89.3 million FY24-25
budget. General Fund revenue is $186k lower than the
fourth quarter of the prior year. Increases were seen in property taxes, permits and fees, services charges,
intergovernmental, and interest and rents, whereas
decreases were seen in sales tax, transient occupancy
tax, other taxes, fines and interfund transfers.
General Fund expenditures total $89.8 million for the
fourth quarter, or 87% of the $103.7 million adopted
annual budget, as compared to $85.2 million at this time last year. The current budget for General Fund
expenditures is $103.8 million which reflects an increase of $300k from the third quarter adjusted budget of
$103.5. The increase is due to the mid-year adjustments approved by Council in the fourth quarter of this fiscal year which includes an increase to planning staff support services, professional services agreement for CETO, and contractual services for the offshore borrow site
investigation.
Additional information on General Fund revenues and
expenditures are discussed further in this report.
GENERAL FUND REVENUES
Revenues by Category Budget YTD Actual %
Property Taxes 46,275,728 46,916,049 101%
Sales Tax 12,803,000 12,771,872 100%
Transient Occ. Tax 3,550,000 3,142,120 89%
Other Taxes 3,402,000 3,473,025 102%
Permits & Fees 1,402,540 1,771,882 126%
Intergovernmental 2,868,750 1,205,861 42%
Service Charges 7,940,300 7,795,938 98%
Fines 607,500 616,741 102%
Interest, Rents, Other 3,724,190 5,037,522 135%
Interfund Transfers 6,685,100 5,565,241 83%
89,259,108 88,296,251 99%
Property Taxes: Property taxes total $46.9 million,
primarily from secured taxes. This amount is $2
million higher than the prior year. Property tax
continues to be the primary reliable source of revenue
for the General Fund. Property Tax is distributed
unevenly throughout the year, with 50% in Q2, 40%
in Q4, and the remainder is spread across Q1 and Q3.
Sales Tax: Sales tax receipts amount to $12.8 million, which is slightly lower than the $12.9 million from the prior year ($165k). This decrease in Sales Tax revenue
was anticipated due to various factors including
economic uncertainty, reduced discretionary consumer
spending, and lower fuel prices.
Transient Occupancy Taxes (TOT): Transient
occupancy taxes total $3.1 million, which is $95k lower than the fourth quarter in FY 23-24. TOT is a fluctuating revenue source that varies year over year.
Other Taxes: Other taxes, consisting mostly of
franchise fees and business licenses, total $3.5 million which is $134k lower than prior year due to lower
franchise fee receipts. Due to the increase in
alternative streaming sources, the Cable Franchise
Fees continue to decrease, while other franchise fees
remain stable.
Permits & Fees: Permits and fees are at $1.8 million.
This is $253,382 more than in the prior year, due to an increase in construction, alarm, and encroachment
permits.
Intergovernmental: Intergovernmental revenue
derives mainly from grant revenues total $1.2 million,
which is $248k higher due to an increase in mandated
cost reimbursement and state grant receipts.
Service Charges: Service charges, from general
government, public safety, parking meter and
recreation, amount to $7.8 million, which is higher than prior year totals by $484k mainly due to higher public
safety service charges which include ambulance service
charges, junior lifeguard services, and special event
permit fees.
$89.3
$103.8 99%
$88.3
87%
$89.8
$80.0
$100.0
$120.0 Dollars (in millions)
Revenues Expenditures
General Fund -
Current Year Actual to Budget
Budget Actual
Financial Report
Fourth Quarter of FY 2024-25 (unaudited)
17 Financial Report Fourth Quarter of FY 2024-25 – (unaudited) Fines: Revenues from fines total $616k which is $65k
lower than the prior year due to a decrease in parking
violation and vehicle code fines.
Interest, Rents & Other: Interest, rents and other
reimbursements total $5 million, which is roughly $1.7
million higher due to unrealized gains on investments
and rental income for a new lease of City property.
Interfund transfers: Interfund transfers decreased
from the prior year by $5.7 million due to a one-time
transfer of $5.5 million from Capital Reserves fund in
the prior year to fund the Casa Romantica slope repair.
GENERAL FUND EXPENDITURES
Expenditure by Type Budget YTD Actual %
Salaries 15,597,715 14,662,155 94%
Benefits 7,188,730 6,978,782 97%
Supplies 1,653,369 1,456,243 88%
Contractual Services 54,571,370 49,102,356 90%
Other Charges 1,739,247 1,540,898 89%
Capital Outlay 13,065,131 7,074,638 54%
Interdepartmental 5,697,340 5,728,340 101%
Transfers & Debt 4,375,061 3,234,302 74%
Total 103,887,963 89,777,714 87%
Expenditure by Dept Budget YTD Actual %
General Government 6,786,150 6,234,566 92%
City General 7,253,541 5,899,387 81%
Police 23,079,250 22,567,057 98%
Fire 14,749,320 14,797,357 100%
Marine Safety 2,376,290 2,249,861 95%
Comm. Development 9,930,400 6,915,500 70%
Public Works 33,033,210 24,708,495 75%
Beaches, Parks & Rec 6,679,802 6,405,491 96%
Total 103,887,963 89,777,714 87%
Expenditures for the fourth quarter of FY 2024-25 are
$89.8 million compared to prior year’s $85.2 million. This is an increase of $4.6 million from the prior year.
Contributing factors include police and fire increases of $1.15 million and $900,000, respectively. City personnel costs increased with the filling of vacant positions from the prior fiscal year, a 3.5% COLA increase, as well as benefit costs. Contractual services decreased by $3.0
million while Capital Outlay increased by $4.3 million, which is largely due to the timing of projects such as the Casa Romantica Stabilization and North Beach Sand
Replenishment. Transfers and Debt increased from the
prior year by $1.0 million due to unfunded liability
pension payments and a transfer to the Local Transit fund to subsidize operations in the current year.
Beyond the $2.1 million public safety increase, other
department changes are as follows: 1) General
Government costs increased $825,699 due to the filling
of several staff vacancies and one-time personnel related costs. 2) Community Development increased by
$941,003 from the prior year due primarily to growth in the Park Ranger Program and to higher personnel and
contractual service costs. 3) City General Government
increased by $259,972 due to one-time transfers in the
current fiscal year, including reserve transfers and a
subsidy to Transit operations for the trolley. 4) Beaches, Parks and Recreation and Marine Safety are slightly
higher compared to prior year due to activity levels. 5) Public Works costs decreased by $140,374 in part to the costs of the Casa Romantica Stabilization project
incurred in FY 2023-24.
In total, actual costs are currently below budgeted
expenditures.
ENTERPRISE FUNDS
The following tables summarize the operating revenues,
operating expenses, and changes in operating fund
working capital for enterprise funds including Water,
Sewer, Golf, and Storm Drain funds.
Revenues
Revenue Budget YTD Actual %
Water Fund 36,565,180 30,493,064 83%
Sewer Fund 18,537,776 13,071,550 70%
Golf Fund 4,105,900 4,446,447 108%
Storm Drain Fund 3,997,550 2,177,959 54%
Water commodity revenues increased $1 million due to
higher metered and effluent water sales, however it was offset by other water revenue sources like one time
grants that were received in the prior fiscal year. Sewer revenues are higher by $900k due to an increase in
service rate charges and increased other governmental
revenues (SMWD).
Golf Course revenue is higher by $82k compared to the
prior year due to increases to green fee revenues. Storm drain revenues are lower than FY 23-24 by $477k due to
interfund transfer of $400k in FY 2024-25.
Expenses
Expenses Budget YTD Actual %
Water Fund 29,458,458 25,283,064 86%
Sewer Fund 12,910,025 8,718,542 68%
Golf Fund 3,452,760 2,880,321 83%
Storm Drain Fund 1,728,000 673,244 39%
Water expenses decreased by $1.7 million when
compared to the prior year. Sewer expenses decreased
by $2.5 million. Golf Course operations decreased by
$123k, and storm drain operating expenses increased by
$106k.
Working Capital
Working Capital Budget YTD Actual
Water Fund 6,718,644 7,392,770
Sewer Fund 122,880 4,673,112
Golf Fund 1,724,343 2,803,119
Storm Drain Fund 1,555,597 1,602,481
All working capital levels are positive for the fourth
quarter ending June 30, 2025. Depreciation entries
have not yet been completed, which will affect the final working capital numbers.
18 Financial Report Fourth Quarter of FY 2024-25 – (unaudited) The Sewer Fund recently completed a cost-of service
study and fee revision which has improved the working
capital balance. A cost-of-service study for the Water
Fund is currently underway and the results will soon be presented to the City Council. In the future, a cost-ofservice study and fee review is recommended for the in the Storm Drain fund, to assist in sustaining related
projects and activities.
ADDITIONAL INFORMATION
General Fund comparative information for the prior year is provided in Table 1 (see attachment).
19 Table 1
General Fund Revenues - By Category
Month Ending June 30, 2025
FY 2024 FY 2024 % of FY 2025 FY 2025 % of
Budget Actual Budget Budget Actual Budget
Property Tax $ 43,460,230 $ 44,484,798 102% $ 46,275,728 $ 46,916,049 101% Sales Tax $ 13,095,000 $ 12,936,153 99% $ 12,803,000 $ 12,771,872 100% Transient Occ. Tax $ 3,552,000 $ 3,237,529 91% $ 3,550,000 $ 3,142,120 89% Other Taxes $ 3,666,000 $ 3,607,737 98% $ 3,402,000 $ 3,473,025 102% Permits and Fees $ 1,309,580 $ 1,519,620 116% $ 1,402,540 $ 1,771,882 126% Intergovernmental $ 1,002,960 $ 957,855 96% $ 2,868,750 $ 1,205,861 42% Service Charges $ 6,866,940 $ 7,311,742 106% $ 7,940,300 $ 7,795,938 98% Fines $ 524,300 $ 681,956 130% $ 607,500 $ 616,741 102% Interest & Rents $ 3,425,170 $ 4,339,879 127% $ 3,724,190 $ 5,037,522 135% Interfund Transfers $ 12,429,690 $ 9,405,250 76% $ 6,685,100 $ 5,565,241 83% Gen. Fund Total $ 89,331,870 $ 88,482,519 99% $ 89,259,108 $ 88,296,251 99% General Fund Expenditures - By Category
FY 2024 FY 2024 % of FY 2025 FY 2025 % of
Budget Actual Budget Budget Actual Budget
Salaries $ 14,392,714 $ 13,261,220 92% $ 15,597,715 $ 14,662,155 94% Benefits $ 6,720,030 $ 6,366,135 95% $ 7,188,730 $ 6,978,782 97% Supplies $ 1,520,130 $ 1,416,203 93% $ 1,653,369 $ 1,456,243 88% Contractual Services $ 58,276,566 $ 52,059,977 89% $ 54,571,370 $ 49,102,356 90% Other Charges $ 1,572,850 $ 1,508,248 96% $ 1,739,247 $ 1,540,898 89% Capital Outlay $ 10,313,450 $ 2,738,213 27% $ 13,065,131 $ 7,074,638 54% Inter Dept Charges $ 5,530,010 $ 5,561,010 101% $ 5,697,340 $ 5,728,340 101% Interfund Transfers & Debt $ 3,434,580 $ 2,279,050 66% $ 4,375,061 $ 3,234,302 74% Gen. Fund Total $ 101,760,330 $ 85,190,056 84% $ 103,887,963 $ 89,777,714 86% $ (1,481,464)
General Fund Expenditures - By Department
FY 2024 FY 2024 % of FY 2025 FY 2025 % of
Budget Actual Budget Budget Actual Budget
General Government $ 6,185,990 $ 5,412,067 87% $ 6,786,150 $ 6,234,566 92% City General $ 6,834,090 $ 5,639,415 83% $ 7,253,541 $ 5,899,387 81% Police $ 23,009,690 $ 21,416,012 93% $ 23,079,250 $ 22,567,057 98% Fire $ 13,871,630 $ 13,843,570 100% $ 14,749,320 $ 14,797,357 100% Marine Safety $ 2,303,860 $ 1,935,372 84% $ 2,376,290 $ 2,249,861 95% Comm. Development $ 7,603,060 $ 5,978,212 79% $ 9,930,400 $ 6,915,500 70% Public Works $ 35,477,720 $ 16,983,861 48% $ 33,033,210 $ 24,708,495 75% Beaches, Pks & Rec $ 6,474,290 $ 6,111,081 94% $ 6,679,802 $ 6,405,491 96% Gen. Fund Total $ 101,760,330 $ 77,319,590 76% $ 103,887,963 $ 89,777,714 86% 20 Table 2
General Fund Expenditures - By Program
Month Ending June 30, 2025
FY 2024 FY 2024 % of FY 2025 FY 2025 % of
Budget Actual Budget Budget Actual Budget
City Council $ 134,490 $ 116,153 86% $ 169,280 $ 132,111 78% City Manager $ 1,028,670 $ 846,576 82% $ 1,122,190 $ 992,049 88% City General $ 6,834,090 $ 5,639,415 83% $ 7,253,541 $ 5,899,387 81% City Clerk $ 1,080,740 $ 737,028 68% $ 1,031,580 $ 992,291 96% Economic Development $ 152,130 $ 127,178 84% $ 258,030 $ 241,439 94% Finance & Administrative Services
F&AS Administration $ 443,000 $ 393,492 89% $ 564,590 $ 576,718 102% Finance $ 2,583,930 $ 2,367,080 92% $ 2,740,260 $ 2,429,690 89% Human Resources $ 763,030 $ 824,560 108% $ 900,220 $ 870,268 97% F&AS Total $ 3,789,960 $ 3,585,132 95% $ 4,205,070 $ 3,876,676 92% Contract Police Services $ 23,009,690 $ 21,416,012 93% $ 23,079,250 $ 22,567,057 98% Contract Fire Services $ 13,871,630 $ 13,843,570 100% $ 14,749,320 $ 14,797,357 100% Marine Safety $ 2,303,860 $ 1,935,372 84% $ 2,376,290 $ 2,249,861 95% Community Development
Comm Dev. Admin. $ 892,410 $ 679,224 76% $ 1,062,100 $ 928,363 87% Building $ 2,167,940 $ 1,753,005 81% $ 2,329,450 $ 1,771,115 76% Planning $ 2,588,200 $ 1,839,493 71% $ 4,237,240 $ 2,279,572 54% Code Compliance $ 1,954,510 $ 1,706,490 87% $ 2,301,610 $ 1,936,450 84% Comm. Dev. Total $ 7,603,060 $ 5,978,212 79% $ 9,930,400 $ 6,915,500 70% Public Works
PW Administration $ 9,671,160 $ 7,090,988 73% $ 4,105,520 $ 1,906,036 46% Emergency Planning $ 201,240 $ 132,247 66% $ 244,000 $ 144,531 59% Engineering $ 3,965,420 $ 3,157,911 80% $ 3,883,540 $ 3,234,017 83% Maintenance Services $ 7,301,260 $ 6,523,215 89% $ 8,726,810 $ 6,953,556 80% Park/Beach Maintenance $ 14,338,640 $ 79,500 1% $ 16,073,340 $ 12,470,355 78% Public Works Total $ 35,477,720 $ 16,983,861 48% $ 33,033,210 $ 24,708,495 75% Beaches, Parks & Recreation
BP & R Admin. $ 604,510 $ 442,544 73% $ 508,775 $ 490,841 96% Recreation $ 5,869,780 $ 5,668,537 97% $ 6,171,027 $ 5,914,650 96% B P & R Total $ 6,474,290 $ 6,111,081 94% $ 6,679,802 $ 6,405,491 96% General Fund Total $ 101,760,330 $ 77,319,590 76% $ 103,887,963 $ 89,777,714 86% 21 Table 3
FY 2025 Other Fund Revenue & Expenditures Summary
Month Ending June 30, 2025
(* All numbers are in $1,000)
Year-To-Date Revenues * Year-To-Date Expenditures *
Budget FY 2025 % Received Budget FY 2025 % Expend.
Special Revenue
Street Improvement $2,247 $2,236 100% $4,582 $1,239 27% Gas Tax $4,761 $3,772 79% $7,921 $3,590 45%
Misc Grants $697 $198 28% $788 $226 29%
Building Homes & Jobs Act (SB2) Fund$488 $488 100% $310 $338 109% Disaster Relief $ $9 100% $505 $321 64%
Senior Mobility Program - Grant $141 $142 101% $116 $152 130% Local Transit Program Grants $14,015 $312 2% $1,497 $1,383 92% Air Quality Improvement $336 $62 19% $80 $ 0%
Local Cable Infrastructure $205 $266 130% $213 $11 5%
Police Grant $186 $210 113% $246 $200 81%
$23,075 $7,695 33% $16,259 $7,460 46%
Capital Projects
Parks Acq. & Dev. $486 $553 114% $1,425 $906 64%
Local Drainage Facilities $698 $208 30% $2,401 $268 11% RCFPP $21 $69 326% $379 $30 8%
Public Facilities Construction $361 $411 114% $1,385 $971 70% Developers Improvement $240 $357 149% $1,090 $1,040 95% Low/Mod Housing Fund $18 $134 763% $35 $5 15%
In-Lieu Housing Fund $43 $278 648% $6 $1 17%
Reserve $1,845 $2,248 122% $9,276 $2,307 25%
$3,710 $4,257 115% $15,996 $5,528 35%
Enterprise
Water $36,565 $30,493 83% $61,738 $28,912 47%
Sewer $18,538 $13,072 71% $33,989 $13,276 39%
Golf $4,106 $4,446 108% $4,014 $3,076 77%
Solid Waste $227 $267 118% $384 $351 91%
Storm Drain Utility $3,998 $2,178 54% $6,847 $5,520 81% Clean Ocean $2,770 $1,618 58% $2,805 $1,909 68%
$66,203 $52,074 79% $109,777 $53,043 48%
Internal Service
Central Services $442 $459 104% $486 $433 89%
Information Technology $2,530 $2,564 101% $3,832 $2,247 59% Fleet Services $2,784 $2,787 100% $6,224 $3,408 55%
Medical Self Insurance $4,084 $3,929 96% $4,089 $3,888 95% Workers' Compensation $530 $678 128% $637 $630 99%
General Liability $2,801 $2,912 104% $3,289 $2,988 91%
$13,171 $13,328 101% $18,558 $13,595 73%
Joint Powers
C.A.S.A. $1,831 $2,064 113% $1,986 $1,707 86%
$ Indicates that the amount is less than $500
22 Table 4
Other Funds Revenue FY 2024 to FY 2025
Month Ending June 30, 2025
(* All numbers are in $1,000)
FY 2024 FY 2024 % FY 2025 FY 2025 %
Budget Actual Received Budget Actual Received
Special Revenue
Street Improvement $2,052 $2,264 110% $2,247 $2,236 100% Gas Tax $4,572 $3,709 81% $4,761 $3,772 79%
Misc Grants $540 $104 19% $697 $198 28%
Building Homes & Jobs Act (SB2) Fund $296 $298 101% $488 $488 100% Disaster Relief $897 $906 101% $ $9 100%
Senior Mobility Program - Grant $131 $136 104% $141 $142 101% Local Transit Program Grants $2,053 $715 35% $14,015 $312 2% Air Quality Improvement $335 $89 27% $336 $62 19%
Local Cable Infrastructure $202 $265 131% $205 $266 130% Police Grants $182 $199 109% $186 $210 113%
$11,261 $8,685 77% $23,075 $7,695 33%
Capital Projects
Parks Acq. & Dev. $50 $108 216% $486 $553 114%
Local Drainage Facilities $860 $426 50% $698 $208 30%
RCFPP $14 $59 418% $21 $69 326%
Public Facilities Construction $53 $111 211% $361 $411 114% Developers Improvement $199 $356 178% $240 $357 149%
Low/Mod Housing Fund $11 $140 1325% $18 $134 763%
In-Lieu Housing Fund $3 $264 8803% $43 $278 648%
Reserve $2,327 $2,952 127% $1,845 $2,248 122%
$3,516 $4,415 126% $3,710 $4,257 115%
Enterprise
Water $36,208 $32,087 89% $36,565 $30,493 83%
Sewer $29,400 $15,444 53% $18,538 $13,072 71%
Golf $3,660 $4,364 119% $4,106 $4,446 108%
Solid Waste $223 $316 142% $227 $267 118%
Storm Drain Utility $2,843 $2,658 94% $3,998 $2,178 54% Clean Ocean $2,844 $911 32% $2,770 $1,618 58%
$75,177 $55,780 74% $66,203 $52,074 79%
Internal Service
Central Services $436 $453 104% $442 $459 104%
Information Technology $2,219 $2,267 102% $2,530 $2,564 101% Fleet Services $2,677 $2,909 109% $2,784 $2,787 100%
Medical Self Insurance $4,003 $3,664 92% $4,084 $3,929 96% Workers' Compensation $524 $619 118% $530 $678 128%
General Liability $2,765 $2,965 107% $2,801 $2,912 104% $12,624 $12,876 102% $13,171 $13,328 101%
Joint Powers
C.A.S.A. $1,808 $1,997 110% $1,831 $2,064 113%
$ Indicates that the amount is less than $500
23 Table 5
Other Fund Expenditures FY 2024 to FY 2025
Month Ending June 30, 2025
(* All numbers are in $1,000)
FY 2024 FY 2024 % FY 2025 FY 2025 %
Budget Actual Spent Budget Actual Spent
Special Revenue
Street Improvement $6,260 $3,269 52% $4,582 $1,239 27%
Gas Tax $8,261 $2,701 33% $7,921 $3,590 45%
Misc Grants $530 $103 19% $788 $226 29%
Building Homes & Jobs Act (SB2) Fund $572 $238 42% $310 $338 109% Disaster Relief $1,885 $1,427 76% $505 $321 64%
Senior Mobility Program - Grant $116 $52 45% $116 $152 130% Local Transit Program Grants $1,151 $1,267 110% $1,497 $1,383 92% Air Quality Improvement $264 $214 81% $80 $ 0%
Local Cable Infrastructure $231 $121 52% $213 $11 5%
Police Grants $227 $173 76% $246 $200 81%
$19,499 $9,566 49% $16,259 $7,460 46%
Capital Projects
Parks Acq. & Dev. $2,157 $1,287 60% $1,425 $906 64%
Local Drainage Facilities $3,219 $670 21% $2,401 $268 11% RCFPP $393 $26 7% $379 $30 8%
Public Facilities Construction $980 $86 9% $1,385 $971 70% Developers Improvement $36 $12 34% $1,090 $1,040 95%
Low/Mod Housing Fund $42 $12 28% $35 $5 15%
In-Lieu Housing Fund $ $ 0% $6 $1 17%
Reserve $12,543 $6,235 50% $9,276 $2,307 25%
$19,370 $8,329 43% $15,996 $5,528 35%
Enterprise
Water Operating $29,031 $27,037 93% $29,458 $25,283 86% Water Depreciation/Other Agency $19,686 $3,123 16% $26,564 $3,499 13% Water Acreage Fee $5,817 $313 5% $5,716 $129 2%
Sewer Operating $12,083 $11,169 92% $12,910 $8,719 68%
Sewer Depreciation/Other Agency $15,321 $1,866 12% $15,643 $2,349 15% Sewer Connection $17,376 $1,201 7% $5,436 $2,209 41%
Golf Operating $3,165 $2,774 88% $3,453 $2,880 83%
Golf Depreciation & Capital $852 $467 55% $562 $196 35% Solid Waste $418 $536 128% $384 $351 91%
Storm Drain Utility $1,709 $1,655 97% $1,728 $673 39%
Storm Drain Improvement $3,128 $1,349 43% $5,119 $4,846 95% Clean Ocean $2,663 $1,432 54% $2,805 $1,909 68%
$111,249 $52,923 48% $109,777 $53,043 48%
Internal Service
Central Services $510 $427 84% $486 $433 89%
Information Technology $2,904 $2,260 78% $3,832 $2,247 59% Fleet Services $5,135 $1,815 35% $6,224 $3,408 55%
Medical Self Insurance $3,918 $3,697 94% $4,089 $3,888 95% Workers' Compensation $617 $61 10% $637 $630 99%
General Liability $4,419 $4,007 91% $3,289 $2,988 91%
$17,502 $12,268 70% $18,558 $13,595 73%
Joint Powers
C.A.S.A. $1,858 $1,613 87% $1,986 $1,707 86%
$ Indicates that the amount is less than $500 24
Table 6
FY 2025 Fund Balance and Net Working Capital Summary
(* All numbers are in $1,000)
Beginning FY 2025 FY 2025 Ending Balances
Balances Revenues Expenditures 6/30/2025
General
General Fund $34,931 $88,296 $89,778 $33,450
Special Revenue
Street Improvement $3,766 $2,236 $1,239 $4,763
Gas Tax $7,037 $3,772 $3,590 $7,219
Misc Grants $408 $198 $226 $380
Building Homes & Jobs Act (SB2) Fund $144 $488 $338 $294 Disaster Relief $339 $9 $321 $27
Senior Mobility Program - Grant $427 $142 $152 $417
Local Transit Program Grants -$1,476 $312 $1,383 -$2,547 Air Quality Improvement -$10 $62 $ $52
Local Cable Infrastructure $1,295 $266 $11 $1,550
Police Grant $285 $210 $200 $295
$12,214 $7,695 $7,460 $12,449
Capital Projects
Parks Acq. & Development $1,283 $553 $906 $930
Local Drainage Facilities $2,231 $208 $268 $2,171
RCFPP $1,269 $69 $30 $1,308
Public Facilities Construction $1,325 $411 $971 $765
Developers Improvement $5,224 $357 $1,040 $4,540
Low/Mod Housing Fund $3,054 $134 $5 $3,183
In-Lieu Housing Fund $11,163 $278 $1 $11,440
Reserve $12,857 $2,248 $2,307 $12,798
$38,406 $4,257 $5,528 $37,135
Enterprise
Water $37,300 $30,493 $28,912 $38,882
Sewer $16,198 $13,072 $13,276 $15,993
Golf $6,371 $4,446 $3,076 $7,742
Solid Waste $519 $267 $351 $434
Storm Drain Utility $2,000 $2,178 $5,520 -$1,342
Clean Ocean $74 $1,618 $1,909 -$217
$62,462 $52,074 $53,043 $61,492
Internal Service
Central Services $424 $459 $433 $450
Information Technology $1,280 $2,564 $2,247 $1,597
Fleet Services $7,881 $2,787 $3,408 $7,260
Medical Self Insurance -$1,460 $3,929 $3,888 -$1,420
Workers' Compensation $2,101 $678 $630 $2,149
General Liability $4,398 $2,912 $2,988 $4,322
$14,626 $13,328 $13,595 $14,359
Joint Powers
C.A.S.A. $733 $2,064 $1,707 $1,090
Total All Funds $163,372 $167,714 $171,112 $159,975
$ Indicates that the amount is less than $500
Month Ending June 30, 2025
25 910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: October 21, 2025 Agenda Item: 8A.
Submitted By: Planning Division
Prepared By: Johnathan Ciampa, Contract Planner
Subject:
..titl e
DE NOVO APPEAL HEARING OF PUBLIC HEARING PROJECT (PHP) 25-323, HANSON HOTEL, A REQUEST TO CONSTRUCT A 61-ROOM BOUTIQUE HOTEL WITH ROOFTOP RESTAURANT, CAFÉS, SUBTERRANEAN PARKING, AND RELATED IMPROVEMENTS,
AND FINDING THE PROJECT CATEGORICALLY EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT ..body
Fiscal Impact:
None.
Summary:
A public appeal was submitted to the Planning Division (Attachment 1) on September 2, 2025, appealing the Planning Commission’s August 20, 2025 decision to approve PHP 25-323, Hanson Hotel, located on a vacant lot at 1801 North El Camino Real. PHP 25-323 consists of Development Permit 25-324 and Conditional Use Permit 25-329 (collectively, the “Project”). The Project includes the construction of a three-story, 61-room boutique hotel with a rooftop restaurant and bar, two cafés, a guest pool with food and beverage service, and a two-level subterranean garage providing 104 parking spaces. The Project also includes outdoor restaurant seating, amplified music, and full alcohol service. Attachments 2 and 3 provide copies of the Planning Commission Staff Report and attachments for this project, and the associated meeting minutes of August 20, 2025, respectively. Attachment 4 provides a copy of the Planning Commission’s adopted version of Resolution No. PC 25-013, approving PHP 25-323, Hanson Hotel.
Per San Clemente Municipal Code (SCMC) Section 17.12.140 – Appeals of an Action, the public hearing on appeals shall be heard within 60 days of the submittal of the appeal. This item has been noticed in accordance with SCMC 17.12.100 for a date within the prescribed time frame.
However, staff has reviewed the contents of the appeal with the Applicant, and staff requests that the City Council continue, to a date uncertain, the appeal hearing to allow staff additional time to address the issues raised by the appellant. The Applicant provided a letter requesting and is in agreement with the proposed continuance (Attachment 5). Upon staff’s completion of the environmental analysis necessary to fully respond to the issues raised in the appeal, staff would schedule the continued public hearing at the next available City Council meeting. Staff anticipates this continued public hearing to occur within three months. Public notice would be provided in advance of the continued hearing date pursuant to City and state requirements.
While staff recommends continuing the appeal hearing, City Council has the option to conduct the de novo appeal hearing at this time. Should the City Council elect to conduct the appeal hearing 26 Meeting Date: October 21, 2025 Agenda Item: 8A.
CITY OF SAN CLEMENTE 2
at this time, Attachment 2 provides the documents associated with this Project, as presented to the Planning Commission, for the City Council’s consideration. Attachments 3 and 4 provide additional information about the Planning Commission’s review and modified approval of the project on August 20, 2025.
Council Options:
Continue the appeal to a date uncertain to provide time for staff to complete the environmental analysis necessary to fully respond to the issues raised in the appeal. Continue the appeal hearing to a date certain with direction for staff to provide additional information.
Conduct the de novo appeal hearing at this time and either approve, approve with modifications, or deny, PHP 25-323, Hanson Hotel.
Environmental Review/Analysis:
The action to continue a public hearing is not a project under the California Environmental Quality Act. An appropriate environmental determination would need to be made if the City Council takes other action on the appeal.
Recommended Actions:
Staff Recommendation ..recommendation
Staff recommends that the City Council continue, to a date uncertain, the public hearing to consider the appeal of PHP 25-323, Hanson Hotel, to allow staff the time to complete the environmental analysis necessary to fully respond to the issues raised in the appeal. ..end
Attachments:
1. Appellant’s Notice of Appeal
2. Planning Commission Staff Report for PHP 25-323, Hanson Hotel, dated August 20, 2025; available online here: https://www.san-clemente.org/government/commissionscommittees/planning-commission/packets-/-folder-10898#docfold_14_4712_707_10898
3. Minutes of the August 20, 2025 Planning Commission Meeting
4. Planning Commission Resolution No. PC 25-013
5. Applicant’s Request for Continuance
Notification:
Public notices were distributed and posted per City and state requirements. 27 Attachment 1
28 29
30 31
32 33
34 35
36 37
38 39
40 41
42 43
44 45
46 47
48 49
50 51
52 $*(1'$,7(0
$
67$))5(3257
6$1 &/(0(17( 3/$11,1*&200,66,21
'DWH
$XJXVW
3/$11(5
-RKQ&LDPSD&RQWUDFW3ODQQHU
68%-(&7
3XEOLF +HDULQJ 3URMHFW
3+3
+DQVRQ +RWHO 1 (O
&DPLQR 5HDO $ UHTXHVW IRU 3ODQQLQJ &RPPLVVLRQ WR FRQVLGHU D 'HYHORSPHQW3HUPLW
'3
IRUWKHGHYHORSPHQWRIDWKUHHVWRU\
URRPKRWHOZLWKDWKLUGIORRUURRIWRSUHVWDXUDQWDQGEDUWZRFDIHVSRRO ZLWKDEDUDQGUHVWDXUDQWDQGDWZROHYHOVXEWHUUDQHDQSDUNLQJVWUXFWXUH ZLWKVLWHLPSURYHPHQWVLQFOXGLQJZDOOVKDUGVFDSHODQGVFDSHSHGHVWULDQ LPSURYHPHQWVDQGLPSURYHPHQWVLQWKH&LW\ULJKWRIZD\$&RQGLWLRQDO 8VH3HUPLW
&83
LVUHTXHVWHGIRUWKHKRWHOXVHRXWGRRUVHDWLQJ
IRU WKH UHVWDXUDQWV DQG FDIHV DPSOLILHG PXVLF DQG IXOO UDQJH DOFRKRO VHUYLFH
7\SH/LFHQVH
RQDDFUHYDFDQWORWDW1(O&DPLQR
5HDO
7KH3ODQQLQJ&RPPLVVLRQZLOODOVR FRQVLGHUZKHWKHUWRILQGWKHSURMHFW FDWHJRULFDOO\ H[HPSW IURP WKH &DOLIRUQLD (QYLURQPHQWDO 4XDOLW\ $FW
&(4$
SXUVXDQWWR6WDWH&(4$*XLGHOLQHV6HFWLRQ
&ODVV
,QILOO 'HYHORSPHQW 3URMHFWV
DQG WKDW VXEVHTXHQW HQYLURQPHQWDOUHYLHZ
XQGHU&(4$LVQRW UHTXLUHGSXUVXDQWWR3XEOLF5HVRXUFHV&RGH $QG&(4$*XLGHOLQHV6HFWLRQ
/2&$7,21
1(O&DPLQR5HDO
=21,1* *(1(5$/ 3/$1
0L[HG8VH ]RQLQJ GLVWULFW
&HQWUDO %XVLQHVV
&%
$UFKLWHFWXUDO
$
DQG&RDVWDO=RQH
&=
RYHUOD\V
08$&%&=
(;(&87,9(6800$5<
7KH DSSOLFDQW SURSRVHVWKH GHYHORSPHQW RIWKH +DQVRQ +RWHO DWKUHHVWRU\ URRP ERXWLTXH KRWHO IHDWXULQJ D SRRO FDIp URRIWRS UHVWDXUDQW ZLWK DPSOLILHG PXVLF DQG D VXEWHUUDQHDQ SDUNLQJ JDUDJH ZLWK SDUNLQJ VWDOOV 7KH SURMHFW LQFOXGHV SHUFHQW DIIRUGDEOH KRWHO URRPV
URRPV SHUFHQW
WR HQKDQFH ORZFRVW YLVLWRUVHUYLQJ
RSSRUWXQLWLHV DQG LV GHVLJQHG LQ WKH 6SDQLVK &RORQLDO 5HYLYDO VW\OH WR DOLJQ ZLWK WKH $UFKLWHFWXUDO2YHUOD\DQGWKH1RUWK%HDFK+LVWRULF'LVWULFW VFKDUDFWHU7KHSURMHFWVLWHLV
ORFDWHGDW1(O&DPLQR5HDOLQWKH1RUWK%HDFK1RUWK(O&DPLQR5HDO)RFXV$UHD DQG*DWHZD\ZLWKLQWKH0L[HG8VH
08
]RQLQJ GLVWULFW DQG LQFOXGHV$UFKLWHFWXUDO
&HQWUDO%XVLQHVVDQG&RDVWDO2YHUOD\V
08$&%&=
Attachment 2
53 +DQVRQ +RWHO 3DJH
)LJXUH
3URSRVHG 3ULPDU\(OHYDWLRQ
5(48,5('),1',1*6
7KH IROORZLQJ ILQGLQJV VKDOO EH PDGH WR DSSURYH WKH SURSRVHG SURMHFW 7KH GUDIW 5HVROXWLRQ
$WWDFKPHQW
DQGDQDO\VLVVHFWLRQRIWKLVUHSRUWSURYLGHDQDVVHVVPHQWRI WKHSURMHFW¶VFRPSOLDQFHZLWKWKHVHILQGLQJV
Development Permit WR DOORZ QHZ QRQUHVLGHQWLDO EXLOGLQJV LQ WKH $UFKLWHFWXUDO2YHUOD\'LVWULFW
D 7KHSURSRVHGSURMHFWLVFRQVLVWHQWZLWKWKH*HQHUDO3ODQ
E 7KHSURSRVHGSURMHFWFRPSOLHVZLWK]RQLQJUHJXODWLRQV
F 7KHSURSRVHGSURMHFWLVFRQVLVWHQWZLWKWKH&LW\
V 'HVLJQ*XLGHOLQHV
G 7KHSURSRVHGGHYHORSPHQWZLOOQRWEHGHWULPHQWDOWRWKHSXEOLFKHDOWKVDIHW\RU ZHOIDUHRUPDWHULDOO\LQMXULRXVWRSURSHUWLHVDQGLPSURYHPHQWVLQWKHYLFLQLW\
H 7KH SURSRVHG SURMHFW LV LQ FKDUDFWHU DQG FRPSDWLEOH ZLWK WKH SURSHUWLHV LQ WKH
QHLJKERUKRRG
I 7KH SURSRVHG SURMHFW FRPSOLHV ZLWKWKH SXUSRVH DQG LQWHQW RIWKH$UFKLWHFWXUDO 2YHUOD\'LVWULFW
DQG
J 7KHSURSRVHGSURMHFWXVHSUHVHUYHVDQGVWUHQJWKHQVWKHSHGHVWULDQRULHQWDWLRQRI WKHGLVWULFWDQGRU6DQ&OHPHQWH¶VKLVWRULFLGHQWLW\DVD6SDQLVKYLOODJH K 7KHSURSRVHGSURMHFWZLOOQRWKDYHQHJDWLYHYLVXDORUSK\VLFDOLPSDFWVXSRQWKH KLVWRULFVWUXFWXUH
Conditional Use Permit, WR DOORZ D KRWHO XVH UHVWDXUDQW DQG FDIp ZLWK RXWGRRUGLQLQJDQG IXOOUDQJHDOFRKROVHUYLFHDQGDPSOLILHGPXVLF D 7KHSURSRVHGXVHLVSHUPLWWHGZLWKLQWKHVXEMHFW]RQHSXUVXDQWWRWKHDSSURYDORI D&RQGLWLRQDO8VH3HUPLWDQGFRPSOLHVZLWKDOODSSOLFDEOHSURYLVLRQVRIWKLVWLWOH WKH6DQ&OHPHQWH*HQHUDO3ODQDQGWKHSXUSRVHDQGLQWHQWRIWKH]RQHLQZKLFK WKHXVHLVEHLQJSURSRVHG
E 7KHVLWHLVVXLWDEOHIRUWKHW\SHDQGLQWHQVLW\RIXVHWKDWLVSURSRVHG
54 +DQVRQ +RWHO 3DJH
F 7KHSURSRVHGXVHZLOOQRWEHGHWULPHQWDOWRWKHSXEOLFKHDOWKVDIHW\RUZHOIDUHRU PDWHULDOO\LQMXULRXVWRSURSHUWLHVDQGLPSURYHPHQWVLQWKHYLFLQLW\ DQG
G 7KHSURSRVHGXVHZLOOQRWQHJDWLYHO\LPSDFWVXUURXQGLQJODQGXVHV H 7KHRXWGRRUGLQLQJDUHDFRQWULEXWHVWRWKHYLOODJHSHGHVWULDQDPELDQFHRIWKH&LW\ FRQVLVWHQWZLWKWKH&LW\
V*HQHUDO3ODQ
I 7KHRXWGRRUGLQLQJDUHDFRPSOLHVZLWKWKHVWDQGDUGVRI6HFWLRQ RIWKH 6&0&
J $Q\ QHJDWLYH YLVXDO QRLVHWUDIILF DFFHVVLELOLW\ DQGSDUNLQJ LPSDFWV DVVRFLDWHG ZLWK WKH RXWGRRU GLQLQJ DUHD KDYH EHHQ UHGXFHG WR DQ DFFHSWDEOH OHYHO DV GHWHUPLQHGE\WKH&LW\
%$&.*5281'
Site Data
7KHVXEMHFWVLWHLVDYDFDQWVTXDUHIRRW
DFUH
SDUFHOORFDWHGDWWKHQRUWKZHVW
FRUQHU RI 1RUWK (O &DPLQR 5HDO DQG $YHQLGD 3LFR ZLWKLQ WKH 1RUWK %HDFK1RUWK (O &DPLQR 5HDO )RFXV $UHD DQG LGHQWLILHG DV D NH\ FRDVWDO JDWHZD\ LQ WKH &HQWHQQLDO *HQHUDO3ODQ7KHSURSHUW\OLHVZLWKLQWKH0L[HG8VH]RQLQJGLVWULFWDQGLVVXEMHFWWR WKH&HQWUDO%XVLQHVV
&%
$UFKLWHFWXUDO2YHUOD\
$
DQG&RDVWDO=RQH
&=
RYHUOD\V
08$&%&=
6XUURXQGLQJODQGXVHVLQFOXGHFRPPHUFLDOGHYHORSPHQWWRWKHZHVWDQG VRXWK D FDU ZDVK WR WKH HDVW DQG WKH 6HJXQGD 'HVKHFKD &DxDGD &KDQQHO DQG SHGHVWULDQWUDLOWRWKHQRUWK7KHVLWHLVVHSDUDWHGIURPWKH1RUWK%HDFK+LVWRULF'LVWULFW E\(O&DPLQR5HDOWRWKH6RXWKDQGDOVROLHVDORQJWKH$YHQLGD3LFR6FHQLF&RUULGRU DV LGHQWLILHG ZLWKLQ WKH 0DVWHU /DQGVFDSH 3ODQ IRU 6FHQLF &RUULGRUV DQG ZLWKLQ WKH GHVLJQDWHG$YHQLGD3LFR3XEOLF9LHZ&RUULGRUDVLGHQWLILHGLQWKH&LW\¶V*HQHUDO3ODQ DQG&HUWLILHG&RDVWDO/DQG8VH3ODQ
/83
)LJXUH
([LVWLQJ&RQGLWLRQ
55 +DQVRQ +RWHO 3DJH
Development Review History
7KHVLWHKDVDGRFXPHQWHGKLVWRU\RIGHYHORSPHQWSURSRVDOV,Q WKH&LW\DSSURYHG
DURRPKRWHORQWKHSURSHUW\,Q
DVLJQLILFDQWO\ODUJHUILYHVWRU\
VTXDUH
IRRWPL[HGXVHGHYHORSPHQW LQFOXGLQJWLPHVKDUHXQLWVDQGVTXDUHIHHWRIUHWDLO VSDFH ZDV DSSURYHG E\WKH &LW\ DQGWKH &DOLIRUQLD &RDVWDO&RPPLVVLRQ7KDW SURMHFW UHFHLYHG FHUWLILFDWLRQ RI D 0LWLJDWHG 1HJDWLYH 'HFODUDWLRQ 6WDWH &OHDULQJKRXVH 1R
7KH HQWLWOHPHQW VXEVHTXHQWO\ H[SLUHG DQG DOWKRXJK DGGLWLRQDO SURSRVDOV ZHUH H[SORUHG LQ ODWHU \HDUV QRQH DGYDQFHG WR 3ODQQLQJ &RPPLVVLRQ IRU HQWLWOHPHQW DSSURYDOXQWLOWKHFXUUHQWDSSOLFDWLRQ
352-(&7'(6&5,37,21
7KHSURSRVHG+DQVRQ+RWHOLQYROYHVWKHGHYHORSPHQWRIDWKUHHVWRU\URRPERXWLTXH KRWHORQDVTXDUHIRRW
DFUH
YDFDQWSDUFHOORFDWHGDWWKHSURPLQHQWQRUWKZHVW
FRUQHURI$YHQLGD3LFRDQG1RUWK(O&DPLQR5HDO7KHSURMHFWLQFOXGHVDVTXDUH IRRWURRIWRSUHVWDXUDQWDQGEDUD VTXDUHIRRWLQGRRUFDIpD VTXDUHIRRWZDON
XS FDIp D KRWHO JXHVWRQO\ SRRO DQG UHVWDXUDQW DQG D VTXDUHIRRW WZROHYHO VXEWHUUDQHDQSDUNLQJJDUDJHZLWK SDUNLQJVSDFHV
7KH URRIWRS UHVWDXUDQW ZLOO RIIHU IXOOVHUYLFH DOFRKRO WR HQKDQFH WKH GHVWLQDWLRQ GLQLQJ H[SHULHQFHZKLOHDPELHQWDPSOLILHGPXVLFZLOOFRQWULEXWHWRDOLYHO\DQGFXOWXUDOO\HQULFKHG DWPRVSKHUH3XEOLFDPHQLWLHVLQFOXGHDFFHVVWRDVFHQLFWHUUDFH DWWKHHQWU\VWDLUVZDON XSDQGVHDWHGFDIpVHUYLFHVDQGODQGVFDSLQJZKLOHWKHSRRODQGSRROVLGHEDUUHPDLQ H[FOXVLYHO\ DYDLODEOH WR KRWHO JXHVWV 7KH SURMHFW¶V GHVLJQ UHIOHFWV WUDGLWLRQDO 6SDQLVK &RORQLDO5HYLYDO
6&5
DUFKLWHFWXUHDQGLQWHJUDWHVSXEOLFO\DFFHVVLEOHIHDWXUHVVXFKDV QDWLYHODQGVFDSHGJDUGHQVSHGHVWULDQDUHDVDQGRFHDQYLHZWHUUDFHV 7KHSURMHFWZDVLQLWLDOO\UHYLHZHGE\WKH'HVLJQ5HYLHZ6XEFRPPLWWHH '56&
LQ
7KDW LWHUDWLRQ LQFOXGHG
URRPV VTXDUH IRRW UHVWDXUDQW DQG VTXDUH IRRW FDIp
,Q UHVSRQVHWRIHHGEDFNIURP&LW\VWDII'56&PHPEHUVDQGWKH&DOLIRUQLD&RDVWDO &RPPLVVLRQ
&&&
WKHDSSOLFDQWUHYLVHGWKHSURMHFWVXEVWDQWLDOO\6WDIIDQGWKHDSSOLFDQW FRRUGLQDWHG ZLWK&&&VWDIIRQPXOWLSOHRFFDVLRQVLQFOXGLQJ DQRQVLWHYLVLWLQZKHUH &&& VWDII HPSKDVL]HGWKH LPSRUWDQFH RI SUHVHUYLQJ EOXH ZDWHURFHDQ YLHZVIURPWKH $YHQLGD3LFR6FHQLF&RUULGRUDQGLQFRUSRUDWLQJDIIRUGDEOHRYHUQLJKWDFFRPPRGDWLRQV ,Q UHVSRQVH WR WKH IHHGEDFN UHFHLYHG LQ WKH HDUO\ UHYLHZ RI WKH SURMHFW WKH DSSOLFDQW LPSOHPHQWHGNH\GHVLJQUHILQHPHQWVLQFOXGLQJ
x ([SDQGHGKRWHOSURJUDP
7KHKRWHOZDVLQFUHDVHGIURP
WRURRPVZLWK
SHUFHQW
URRPV
GHVLJQDWHG DV DIIRUGDEOH RYHUQLJKW DFFRPPRGDWLRQV FRQVLVWHQWZLWK&&&UHTXLUHPHQWV
x ,PSURYHGPDVVLQJ DQG VFDOH
7KH EXLOGLQJ ZDV UHFRQILJXUHGWR UHGXFHPDVV
DORQJ $YHQLGD 3LFR ZLWK D VWHSSHGEDFN GHVLJQ IURP RQH WR WKUHH VWRULHV WR PLQLPL]HYLHZHQFURDFKPHQWVLQWRWKHYLHZVKHG DQGUHIOHFWDWUDGLWLRQDOFRDVWDO YLOODJHFKDUDFWHU
56 +DQVRQ +RWHO 3DJH
x (QKDQFHGSXEOLFDPHQLWLHV
$URRIWRSUHVWDXUDQWDQGWHUUDFH
SRROGHFNOHYHO
ZHUHDGGHGZLWKSXEOLFDFFHVVDQGVXQVHWRFHDQYLHZVDORQJZLWKDSHGHVWULDQ DUHDV IHDWXULQJLQWHJUDWHGFRPPXQLW\DUWDQGVFXOSWXUHJDUGHQV x 6WUHQJWKHQHGYLHZSUHVHUYDWLRQ
9LVXDOWUDQVSDUHQF\ZDVLPSURYHGDFURVVWKH
VLWH IURP $YHQLGD 3LFR DQG SXEOLF VLGHZDONV PDLQWDLQLQJ DOLJQPHQW ZLWK YLHZ FRUULGRUSURWHFWLRQVRXWOLQHGLQWKH/83
x 2SHUDWLRQDODQGGHVLJQUHILQHPHQWV
$GHGLFDWHGORDGLQJDQGWUDVKVHUYLFHDUHD
ZDV FUHDWHG DORQJ 1RUWK (O &DPLQR 5HDO DQG DGGLWLRQDO DUFKLWHFWXUDO DQG ODQGVFDSH PRGLILFDWLRQV ZHUH PDGH WR HQKDQFH FRQWH[WXDO FRPSDWLELOLW\ DQG RYHUDOODHVWKHWLFTXDOLW\
Development Management Team Meeting
7KH &LW\
V 'HYHORSPHQW 0DQDJHPHQW 7HDP
'07
UHYLHZHG WKH SURMHFW DQG
UHFRPPHQGVDSSURYDOZLWKFRQGLWLRQVDVRXWOLQHGLQ$WWDFKPHQW([KLELW$WRDGGUHVV VSHFLILFGHVLJQHOHPHQWV DQGRSHUDWLRQV7KHVHLQFOXGH
x 7KHSURMHFWJDUDJHHQWU\DQGH[LWGULYHZD\VKDOOEHGHVLJQHGIRUUHVWULFWHGYHKLFOHV WRDULJKWWXUQLQDQGH[LWRQO\8QOHVVDSSURYHGRWKHUZLVHE\WKH&LW\(QJLQHHU WKLVVKDOOLQFOXGHWKHDGGLWLRQRIULJKWWXUQDUURZPDUNLQJVRQWKHSDYHPHQWRIWKH GULYHDLVOHVXUIDFH
&RQGLWLRQRIDSSURYDO
6HH)LJXUH
x ,QRUGHUWRLQFUHDVHVLJKWGLVWDQFHRISHGHVWULDQVIRUYHKLFOHVH[LWLQJWKHJDUDJH WKHSURMHFWGHVLJQVKDOOUHPRYHWKHIURQWODQGVFDSHSODQWHUWKDWLVFXUUHQWO\VKRZQ EHKLQGWKHVLGHZDONDQGLPPHGLDWHO\ZHVWRIWKHGULYHDLVOH/DQGVFDSLQJLQWKLV DUHDVKRXOGEHPDLQWDLQHGWRSURWHFWWKHYHKLFOHOLQHRIVLJKWRISHGHVWULDQVRQWKH SXEOLFVLGHZDON
&RQGLWLRQRIDSSURYDO
6HH)LJXUH
x 7KHDSSOLFDQWVKDOOOLPLWRXWGRRUDPSOLILHGPXVLFIURP DPWR
SPIRUWKH
SURSHUW\ DQG DOO XVHV $PSOLILHG PXVLF LV DXWKRUL]HG WR EH SOD\HG LQGRRUVIURP
DPWR
DP
PLGQLJKW
KRZHYHUDIWHU
SPWR
DPDOOH[WHULRU
ZLQGRZVDQGGRRUVVKDOOUHPDLQFORVHG
&RQGLWLRQRIDSSURYDO
)LJXUH
&LUFXODWLRQDQG/LQHRI6LJKW
57 +DQVRQ +RWHO 3DJH
Noticing and Public Comments
3XEOLF QRWLFHVZHUH GLVWULEXWHGDQGSRVWHGSHU&LW\ DQG6WDWH UHTXLUHPHQWV 6WDII KDV UHFHLYHGSXEOLFFRPPHQWVRQWKLVLWHPZKLFKDUHSURYLGHGDV$WWDFKPHQW 352-(&7$1$/<6,6
7KLVVHFWLRQRIWKHUHSRUWDQDO\]HVWKHSURMHFWDJDLQVWWKHUHJXODWRU\SROLF\GRFXPHQWV OLVWHGEHORZ 7KHSURMHFWPXVWEHFRQVLVWHQWZLWK WKHVH WRPHHW UHTXLUHGILQGLQJVIRUD 'HYHORSPHQW3HUPLWDQG&RQGLWLRQDO8VH3HUPLW
x &RDVWDO/DQG8VH3ODQ
/83
x *HQHUDO3ODQ
x 7LWOH± =RQLQJ2UGLQDQFH
x 1RLVH2UGLQDQFH
7RJHWKHUWKHVHUHJXODWRU\SROLF\GRFXPHQWVUHTXLUHYLVLWRUVHUYLQJSHGHVWULDQRULHQWHG SURMHFWV GHVLJQHG ZLWK 6&5 DUFKLWHFWXUH DQG VLWH GHVLJQ WKDW PDLQWDLQ DQG LPSURYH FRDVWDOSXEOLFDFFHVVSURWHFWFRDVWDODQGKLVWRULFUHVRXUFHVDQGDUHVHQVLWLYHWRSXEOLF YLHZ FRUULGRUV DQG WKH VXUURXQGLQJ XVHV 7KH IROORZLQJ VXEVHFWLRQV HQFRPSDVV DQ DQDO\VLVRIWKHUHJXODWRU\SROLF\GRFXPHQWVPHQWLRQHGDERYH Coastal Land Use Plan (LUP)
6LQFHWKHSURMHFW VLWHLVLQWKH&RDVWDO=RQHDQGWKH&LW\KDV \HWWRREWDLQ D FHUWLILHG /RFDO&RDVWDO3URJUDPWKHSURMHFWUHTXLUHVDSSURYDORID&RDVWDO'HYHORSPHQW3HUPLW
&'3
IURP WKH&DOLIRUQLD&RDVWDO&RPPLVVLRQ
&&&
3ULRUWRWKHDSSOLFDQWVXEPLWWLQJD
&'3WRWKH&&&WKHSURMHFWPXVWEHFRQFHSWXDOO\DSSURYHGE\WKH&LW\DQGVKRXOGEH FRQVLVWHQWZLWK&RDVWDO/833ROLFLHV7KH&RDVWDO/83LVDYDLODEOHIRUUHIHUHQFHRQWKH &LW\¶VZHEVLWH DQGK\SHUOLQNHGDERYHLQWKLVUHSRUW
7KH/83GHVFULEHVWKH1RUWK%HDFKIRFXVDUHDDV ³$XQLTXHFRPPXQLW\ DQG FRDVWDO YLVLWRURULHQWHGHQWHUWDLQPHQW KXE DQG UHFUHDWLRQDUHD,W LV DQ LPSRUWDQW&LW\ JDWHZD\ DORQJWKHKLVWRULF(O&DPLQR5HDO3DFLILF&RDVW+LJKZD\IURPEHDFKFLWLHVWRWKHQRUWK 7KHDUHD¶VRQJRLQJ UHYLWDOL]DWLRQLVEDVHGRQWKH FRPPXQLW\¶VGHVLUHWRSUHVHUYHDQG HQKDQFHLWVNH\DVVHWV ZKLFK LQFOXGH
YLHZVRIWKHRFHDQFRQYHQLHQWEHDFKDFFHVVD
ULFKLQYHQWRU\RIKLVWRULFEXLOGLQJVDFFHVVWRSDVVLYHDQGDFWLYHUHFUHDWLRQDODPHQLWLHV DQG QXPHURXV YLVLWRUVHUYLQJ VKRSV DQG VHUYLFHV :LWK DFFHVV WR WKH 0HWUROLQN UDLO VWDWLRQWKH%HDFK7UDLOQXPHURXVELNHZD\VDQGSHGHVWULDQSDWKVDQGWKHKLVWRULF(O &DPLQR5HDOFRUULGRUWKDWFRQQHFWVPDQ\RIWKH&LW\¶VDFWLYLW\DUHDVWKH1%1(&5DUHD LVDNH\PXOWLPRGDOWUDQVSRUWDWLRQKXE7KHUHLVDEDODQFHEHWZHHQDXWRPRELOHELF\FOH DQGSHGHVWULDQPRELOLW\DQGWKHDUHDLVZHOOFRQQHFWHGWRDGMDFHQWQHLJKERUKRRGV´ /833ROLFLHVDUHHVWDEOLVKHGWRSUHVHUYHDQGHQKDQFHWKHFKDUDFWHURIWKH1RUWK%HDFK DUHD DV GHVFULEHG DERYH 5HOHYDQW /83 3ROLFLHV IDOO XQGHU WKH IROORZLQJ FDWHJRULHV
&RPPHUFLDO 'HYHORSPHQW 9LVLWRU6HUYLQJ /DQG 8VH DQG 'HYHORSPHQW 1RUWK %HDFK 58 +DQVRQ +RWHO 3DJH
)RFXV $UHD DQG 9LVXDO +LVWRULF DQG &XOWXUDO 5HVRXUFHV $WWDFKPHQW LV D WDEOH
RXWOLQLQJ WKH SURMHFW¶V FRQVLVWHQF\ ZLWK WKH UHOHYDQW /83 3ROLFLHV 2YHUDOO WKH /83 UHTXLUHV YLVLWRUVHUYLQJ SHGHVWULDQRULHQWHG XVHV ZLWKLQ WKH 1RUWK %HDFK DUHD WKH SUHVHUYDWLRQ RI FRDVWDO DQG KLVWRULFDO UHVRXUFHV FRPSDWLELOLW\ ZLWK VXUURXQGLQJ GHYHORSPHQWDIIRUGDELOLW\RIORGJLQJDFFRPPRGDWLRQVDQGPLQLPL]LQJSDUNLQJLPSDFWV 7KH/83LGHQWLILHVKRWHOVDQGUHVWDXUDQWVDVYLVLWRUVHUYLQJDQGDOORZDEOHXVHVZLWKWKH DSSURYDORID&RQGLWLRQDO8VH3HUPLWIRUKRWHOXVHV3HUWKHDQDO\VLVLQ$WWDFKPHQW
VWDIIKDV GHWHUPLQHGWKHSURMHFWLVFRQVLVWHQWZLWKWKH/83 ZKLFKSURYLGHVWKHIROORZLQJ
IHDWXUHV
x 3XEOLF $FFHVV
5RRIWRS UHVWDXUDQWWHUUDFHV DQG JDUGHQ
DORQJ$YHQLGD3LFR
DUHRSHQWRWKHSXEOLFDQGSURYLGHRFHDQYLHZV
x $IIRUGDEOH$FFRPPRGDWLRQV
URRPVDUHSURSRVHGWREHDIIRUGDEOHSHU&&&
DIIRUGDELOLW\UHTXLUHPHQWV
x 7UDQVLW2ULHQWHG/RFDWLRQ
6LWHLVORFDWHGZLWKLQIHHWWRWKH0HWUROLQNEXV VWRSUHJLRQDOELNHURXWHVKLNLQJWUDLOV&DOLIRUQLD&RDVWDO7UDLODQGD WUROOH\VWRS x 3XEOLF9LHZ&RUULGRU 3URWHFWLRQ
7KHVWUXFWXUHGHVLJQLVRQHVWRU\DORQJ$YHQLGD
3LFRDQGVWHSVXSDQGDZD\IURPWKHYLHZFRUULGRUWRPDLQWDLQEOXHZDWHUYLHZV WR FRPSO\ZLWK/833XEOLF9LHZ&RUULGRUSROLFLHV
General Plan
7KH&HQWHQQLDO*HQHUDO3ODQ HVWDEOLVKHVWKHW\SHVRIODQGXVHVSHUPLWWHGDQGZKHUH WKH\FDQEHORFDWHGDOORZDEOHGHQVLWLHVIRUGHYHORSPHQWDQGWKHUHODWLRQVKLSRIWKHEXLOW HQYLURQPHQWWRWKHQDWXUDOHQYLURQPHQW7KH*HQHUDO3ODQDOVRLGHQWLILHVWKHORFDWLRQDQG FULWHULD IRU RSHQ VSDFH SUHVHUYDWLRQ WKH EDVLF GHVLJQ DQG SKDVLQJ RI WKH FLUFXODWLRQ V\VWHP IXWXUH LQIUDVWUXFWXUH DQG SXEOLF VHUYLFH QHHGV DQG PHWKRGV WR SURWHFW HQYLURQPHQWDOUHVRXUFHV7KH&LW\¶VSK\VLFDOIRUPDQGLPDJHHFRQRP\DQGVRFLDOIDEULF DUH JUHDWO\ LQIOXHQFHG E\ WKH *HQHUDO 3ODQ 7KH SURMHFW PXVW EH FRQVLVWHQW ZLWK WKH *HQHUDO3ODQLQRUGHUWRPDNHWKHUHTXLUHGILQGLQJV7KHSROLFLHVDQDO\]HGIRUWKHSURMHFW DUHXQGHUWKHIROORZLQJHOHPHQWV
Ɣ/DQG8VH
Ɣ8UEDQ'HVLJQ
Ɣ+LVWRULF3UHVHUYDWLRQ
Ɣ(FRQRPLF'HYHORSPHQW
Ɣ1DWXUDO5HVRXUFHV
Ɣ&RDVWDO
Ɣ6DIHW\
Ɣ3XEOLF6HUYLFHV)DFLOLWLHVDQG 8WLOLWLHV
5HIHUWR$WWDFKPHQW IRUDWDEOHRXWOLQLQJWKHSURMHFW¶VFRQVLVWHQF\ZLWK*HQHUDO3ODQ 3ROLFLHV 3HU WKH DQDO\VLV LQ $WWDFKPHQW VWDII KDV GHWHUPLQHG WKDW WKH SURMHFW LV FRQVLVWHQW ZLWKWKH*HQHUDO3ODQ
1 Centennial General Plan | City of San Clemente, CA
59 +DQVRQ +RWHO 3DJH
Municipal Code
7KH SURMHFW PXVW FRPSO\ ZLWK GHYHORSPHQW VWDQGDUGV LQ WKH =RQLQJ 2UGLQDQFH 7KH DSSOLFDEOH GHYHORSPHQW VWDQGDUGV LQFOXGH KRWHO GHQVLW\ EXLOGLQJ KHLJKW ORW FRYHUDJH IORRU DUHD UDWLR SDUNLQJ DQG$UFKLWHFWXUDO2YHUOD\ 'LVWULFW VSHFLDO VWDQGDUGV 5HIHUWR $WWDFKPHQW IRUDQDQDO\VLVRIWKHSURMHFW¶VFRQVLVWHQF\ZLWKGHYHORSPHQWVWDQGDUGVLQ WKH=RQLQJ2UGLQDQFH3HUWKHDQDO\VLVLQ$WWDFKPHQWVWDII KDVGHWHUPLQHGWKHSURMHFW LVFRQVLVWHQWZLWK7LWOHRIWKH0XQLFLSDO&RGH7KH&RQGLWLRQDO8VH3HUPLW &83
LV
QHFHVVDU\WRDXWKRUL]HWKHKRWHOXVH7\SHDOFRKROVHUYLFHIRUWKHSRRODUHDDQGURRI WRS UHVWDXUDQW RXWGRRU UHVWDXUDQW VHDWLQJ DQG DPSOLILHG PXVLF $QDO\VLV RI WKHVH FRPSRQHQWVRIWKHSURMHFWDUHSURYLGHGRQWKH&83VHFWLRQEHORZ 'XHWRWKHSURMHFW¶V ORFDWLRQLQD*DWHZD\DGMDFHQWWRD KLVWRULFGLVWULFWDQGZLWKLQWKH&RDVWDO=RQH VSHFLDO UHTXLUHPHQWVUHOHYDQWWRWKHSURMHFWDUHDOVRGLVFXVVHGLQWKLVVHFWLRQVXFKDV
● 3DUNLQJ
● /DQG8VH
● $UFKLWHFWXUH /DQGVFDSLQJ
Parking
7KH+DQVRQ+RWHO¶VSDUNLQJUHTXLUHPHQWVDUHFDOFXODWHGEDVHGRQWKH&LW\¶V=RQLQJ&RGH VWDQGDUGVZKLFKFDOOIRURQHSDUNLQJVSDFHSHUKRWHOURRPRQHHPSOR\HHVSDFHSHUWHQ URRPVDQGRQHVSDFHSHUILYHUHVWDXUDQWRUFDIpVHDWV:LWKKRWHOURRPVWKHSURMHFW LVUHTXLUHGWRSURYLGHVSDFHVIRUJXHVWVDQGVHYHQ DGGLWLRQDOVSDFHVIRUHPSOR\HHV WRWDOLQJ KRWHOUHODWHG SDUNLQJ VSDFHV ,Q WKH &HQWUDO %XVLQHVV 'LVWULFW 2YHUOD\ WKH SDUNLQJUHTXLUHPHQWIRUUHVWDXUDQWVDQGFDIHVLVRQHVSDFHSHUILYHVHDWV3HU6HFWLRQ RIWKH=RQLQJ&RGHXSWRHLJKWRXWGRRUVHDWVDUHHOLJLEOHIRUDFUHGLWDQGDUH H[HPSWIURPSDUNLQJ UHTXLUHPHQWVSHU UHVWDXUDQWFDIpXVHDQGXSWRRXWGRRUVHDWV FDQEHH[HPSWZLWKWKHDSSURYDORID&83$VXPPDU\RIWKHSURSRVHGXVHVDQGWKH UHTXLUHGSDUNLQJLVSURYLGHGLQ7DEOH
3DUNLQJ$QDO\VLVEHORZ
7DEOH
3DUNLQJ$QDO\VLV
8VH 3DUNLQJ5DWH 5HTXLUHG6SDFHV
+RWHO SHUURRPSHUURRPV
5RRIWRS5HVWDXUDQW
LQWHULRU
DWSHUVHDWV
,QGRRU&DIp
LQWHULRURXWGRRU
:DON8S&DIp
RXWGRRURQO\
7RWDO5HTXLUHG
7RWDO3URYLGHG
6XUSOXV
3HU6HFWLRQXSWRHLJKWRXWGRRUVHDWVFDQEHFUHGLWHG IURPWKHSDUNLQJUHTXLUHPHQW ,QDGGLWLRQWKHSURMHFWLQFOXGHVDQ DWJUDGHORDGLQJDQGVHUYLFHVSDFHSURWHFWHGE\WKH SXEOLFVLGHZDONDQGPHGLDQDORQJ1RUWK(O&DPLQR5HDOWRDFFRPPRGDWHODUJHGHOLYHU\ DQGZDVWHFROOHFWLRQYHKLFOHVWKDWDUHWRRODUJHWR DFFHVVWKHVXEWHUUDQHDQJDUDJH7KLV 60 +DQVRQ +RWHO 3DJH
DUUDQJHPHQWHQVXUHVRSHUDWLRQDOHIILFLHQF\ZLWKRXWLPSDFWLQJSXEOLFFLUFXODWLRQRUJXHVW SDUNLQJ UHVRXUFHV 7KH SURSRVHG ORDGLQJ DUHD ZDV UHYLHZHG E\ (QJLQHHULQJ DQG WKH &LW\¶VZDVWHKDXOHU
&5 5
DQGERWKDUHVXSSRUWLYHRIWKHSURSRVHGGHVLJQ
Land Use
7KHSHUPLWWHGDQGFRQGLWLRQDOO\ SHUPLWWHGODQGXVHVIRUWKLVSURSHUW\DUHGLFWDWHGE\WKH 08]RQLQJUHJXODWLRQV
SHU6HFWLRQ RIWKH6&0&
FRQVLVWHQWZLWKWKH/83
DQG*HQHUDO3ODQZKLFKUHTXLUHYLVLWRUVHUYLQJSHGHVWULDQRULHQWHGXVHV&RQGLWLRQDOO\ SHUPLWWHGXVHVLQFOXGHKRWHOVZLWKDFFHVVRU\XVHV VXFKDVDOFRKROLFEHYHUDJHVDOHVIRU FRQVXPSWLRQDWUHVWDXUDQWVDQGDPSOLILHGPXVLF7KHSURSRVHGXVHVDQGRSHUDWLRQV DUH FRQVLVWHQWZLWKWKH/83DQG*HQHUDO3ODQDUHDXWKRUL]HG ZLWKWKHDSSURYDORID&83 Architecture and Landscaping
7KH+DQVRQ+RWHOLVORFDWHGZLWKLQWKH$UFKLWHFWXUDO2YHUOD\'LVWULFW $2YHUOD\
ZKLFK
PDQGDWHV6SDQLVK&RORQLDO5HYLYDODUFKLWHFWXUH'UDZLQJLQVSLUDWLRQIURP2OH+DQVRQ¶V YLVLRQIRU1RUWK%HDFKDVDKXERIUHFUHDWLRQDQGHQWHUWDLQPHQWWKHDSSOLFDQW GHVLJQHG WKHSURMHFWWREHUHVSHFWIXODQGYLVXDOO\FRPSDWLEOHZLWKWKH1RUWK%HDFK+LVWRULF'LVWULFW DQGDGMDFHQWKLVWRULFUHVRXUFHV
7KHDUFKLWHFWXUHLQFRUSRUDWHVWLHUHGPDVVLQJZLWKRQH DQGWZRVWRU\HOHPHQWVVWHSSLQJ GRZQWRZDUG$YHQLGD3LFRDQGUHFHVVHGXSSHUOHYHOVDORQJ1RUWK(O&DPLQR5HDO7KLV VWHSSHGGHVLJQUHGXFHVWKHEXLOGLQJ¶VSHUFHLYHGVFDOHHQKDQFLQJLWVFRPSDWLELOLW\ZLWK QHDUE\KLVWRULFVWUXFWXUHVDQG UHLQIRUFHVWKHSHGHVWULDQRULHQWHGVFDOHDORQJWKHVWUHHW IURQWDJHV
$ SURPLQHQW WXUUHW HOHPHQW DW WKH FRUQHU RI $YHQLGD 3LFR DQG 1RUWK (O &DPLQR 5HDO DQFKRUVWKHVLWHWRFUHDWHD GLVWLQFWLYHYLVXDOJDWHZD\ HOHPHQW LQWRWKH1RUWK%HDFKDUHD DQG SD\V WULEXWH WR D VLPLODU IHDWXUH DW WKH 2OH +DQVRQ %HDFK &OXE 7KH SURMHFW¶V FRPSRVLWLRQ RI VPDOOHUVFDOH HOHPHQWV DQG GHFRUDWLYH GHWDLOV EOHQGV LQ ZLWK WKH VXUURXQGLQJ DUFKLWHFWXUDO FKDUDFWHU DQG HQKDQFHV WKH RYHUDOO YLVXDO DSSHDO RI WKH *DWHZD\
7KH SURMHFW
V OD\RXW LQFRUSRUDWHV FRXUW\DUGV VKDGHG SDWLRV DUFDGHV DQG RXWGRRU JDWKHULQJVSDFHV UHLQIRUFLQJWKHLQGRRURXWGRRUWKHPHLQWUDGLWLRQDO6&5 DUFKLWHFWXUH 3URPLQHQWIHDWXUHVLQFOXGHDJUDQGVWDLUZD\OHDGLQJWRDSXEOLFSRGLXPWHUUDFHZLWKRFHDQ YLHZVDQ2OH+DQVRQLQVSLUHGSXEOLFDUWDQGVFXOSWXUHDUHDDQGDVHULHVRIYLQHFRYHUHG WUHOOLVHVIRXQWDLQVDQGGHFRUDWLYHEHQFKHVFUHDWHDWUDQVLWLRQIURPSXEOLFWRVHPLSULYDWH VSDFHV 7KHVH HOHPHQWV HQKDQFH WKH SURMHFW¶V LQWHJUDWLRQ ZLWK WKH SXEOLF DUHDV DQG SURYLGHFRPPXQLW\EHQHILWVRQWKHSULYDWHSURSHUW\
/DQGVFDSLQJ LV LQFRUSRUDWHG LQWR WKH DUFKLWHFWXUH DQG VLWH WR UHLQIRUFH WKH SURMHFW V
LQWHJUDWLRQLQWRLWVFRDVWDODQGKLVWRULFFRQWH[W7KHSURSRVHGODQGVFDSHSODQIHDWXUHVD GLYHUVH SDOHWWH RI &DOLIRUQLD QDWLYH DQG GURXJKWWROHUDQW SODQW VSHFLHV VWUDWHJLFDOO\ DUUDQJHGLQDVHULHVRIWHUUDFHGJDUGHQVDORQJ$YHQLGD3LFRDQG1RUWK(O&DPLQR5HDO 61 +DQVRQ +RWHO 3DJH
7KHVHODQGVFDSHDUHDV VHUYHERWKDHVWKHWLFDQGIXQFWLRQDOSXUSRVHVZKLFKVRIWHQWKH EXLOGLQJ¶V PDVVLQJ DQG HQKDQFH WKH SHGHVWULDQ H[SHULHQFH 6SHFLILF DUHDV RI IRFXV LQFOXGHQDWLYHSODQWLQJEHGVDWWKHVLWH¶VFRUQHUJDWHZD\DFXOWXUDOVFXOSWXUHDUHDDQG GHFRUDWLYH SODQWLQJV IUDPLQJ WKH SXEOLFO\ DFFHVVLEOH ZDONZD\V DQG WHUUDFHV 5HIHU WR VKHHWV/WKURXJK/
LQWKHFRQFHSWXDOGHYHORSPHQWSODQV
$WWDFKPHQW
IRUIXUWKHU
LQIRUPDWLRQDERXWWKHODQGVFDSHGHVLJQDQGSDOHWWH
)LJXUH
/DQGVFDSH 6LWH 3ODQ
6KHHW/
7KH SURMHFW LQFRUSRUDWHV GHVLJQ HOHPHQWV FRQVLVWHQW ZLWK 6SDQLVK &RORQLDO 5HYLYDO DUFKLWHFWXUH SHU WKH &LW\¶V *HQHUDO 'HVLJQ *XLGHOLQHV DQG +HQU\ /HQQ\ 'HVLJQ *XLGHOLQHVVXFKDV
Ɣ9DULHGURRIKHLJKWV
Ɣ$SSURSULDWHVFDOHPDVVDQGIRUP
Ɣ+XPDQVFDOH
Ɣ(QFORVHGSDUNLQJ
Ɣ3HGHVWULDQRULHQWDWLRQ
Ɣ)RXUVLGHGDUFKLWHFWXUH
Ɣ3DWLRVEDOFRQLHVDQG
FRXUW\DUGVWKDW WDNHDGYDQWDJHRI
FOLPDWHWRSRJUDSK\DQGYLHZV
Ɣ6KDGRZDQGYLVXDO
LQWHUHVW
Ɣ+RUL]RQWDOEXLOGLQJSURSRUWLRQV
Ɣ2XWGRRUVSDFHV
Ɣ%LF\FOHSDUNLQJ
Ɣ,QWHJUDWHGODQGVFDSLQJ
Ɣ7ZRSLHFHFOD\WLOHURRILQJZLWK
PRUWDUSDFNLQJ
Ɣ6PRRWKZKLWHVWXFFR
EXLOGLQJDQG
JDUGHQZDOOV
Ɣ*DUGHQZDOOVFRPSDWLEOHZLWK
EXLOGLQJZDOOV
Ɣ:RRGHQWUHOOLVHV
62 +DQVRQ +RWHO 3DJH
Ɣ5HGWLOHSDWLRSDYLQJ
Ɣ'HFRUDWLYHFHUDPLFWLOH
Ɣ([WHULRUGHFRUDWLYHOLJKWLQJ
Ɣ3RWWHGSODQWV
Ɣ7UHHVDQGKHGJHV
$QDQDO\VLVRIWKHSURMHFW¶VDUFKLWHFWXUDOHOHYDWLRQVIURPWKHSHUVSHFWLYHRIWKHEXLOGLQJ HOHYDWLRQVLVGHVFULEHGEHORZ5HIHUHQFH$WWDFKPHQWIRUDGHWDLOHGDQDO\VLVRIWKH SURMHFWDJDLQVWDSSOLFDEOH'HVLJQ*XLGHOLQHV
$YHQLGD3LFR
(DVW
(OHYDWLRQ
7KH$YHQLGD3LFRHOHYDWLRQVHUYHVDVRQHRIWKHSURMHFW¶VSULPDU\*DWHZD\IURQWDJHVDQG ZDVGHVLJQHGWRHQKDQFHYLHZVSHGHVWULDQH[SHULHQFHDQGDUFKLWHFWXUDOFKDUDFWHU7KH EXLOGLQJPDVVVWHSVGRZQWRRQHVWRU\DORQJ$YHQLGD3LFRWRSUHVHUYHNH\SXEOLFRFHDQ YLHZVZLWKLQWKH$YHQLGD3LFR6FHQLFDQG3XEOLF9LHZ&RUULGRU$SURPLQHQWFRUQHUHQWU\ LV GHILQHG E\ D GHFRUDWLYHWXUUHWWKDWPDUNVWKH ORFDWLRQ RIWKH ³/HQQD +DQVRQ6XLWH´ HVWDEOLVKLQJDYLVXDODQFKRUDWWKHLQWHUVHFWLRQ$ORQJWKLVIURQWDJHDVHULHVRISHGHVWULDQ VFDOHG FDVLWDV DUH DUUDQJHG ZLWK ZKLWH VWXFFR ZDOOV ORZSLWFKHG UHG FOD\ WLOH URRIV ZURXJKWLURQEDOFRQLHVDUFKHGZLQGRZVDQGGHFRUDWLYHWLOH ULVHUV7KH VWUHHWVFDSHLV HQKDQFHGZLWKSXEOLFSHGHVWULDQJDUGHQVDUWLVWGHVLJQHGEHQFKHV DQGQDWLYHSODQWLQJV 1RUWK(OHYDWLRQ
63 +DQVRQ+RWHO 3DJH
7KH QRUWK HOHYDWLRQ ZRXOG EH YLHZHG IURP 3LFR 3DUN XSVORSH ,W LQWHUIDFHV ZLWK WKH DGMDFHQWFKDQQHODQGIORRGZD\ 9HUWLFDODUWLFXODWLRQDQGODQGVFDSLQJKHOSWRVRIWHQWKH YLVXDO PDVV RI WKH WKUHHVWRU\ KHLJK RI WKH VWUXFWXUH YLHZHG IURP WKLV HOHYDWLRQ $UFKLWHFWXUDOGHWDLOLQJPLUURUVWKDWRIWKHSULPDU\IURQWDJHLQFOXGLQJVPRRWKVWXFFRZDOOV LQVHW ZLQGRZV ZURXJKW LURQ UDLOLQJV DQG GHFRUDWLYH VKXWWHUVUHLQIRUFLQJ WKH SURMHFW¶V IRXUVLGHG GHVLJQ LQWHJULW\ %DOFRQLHV DQG SURMHFWLQJ RYHUKDQJV IXUWKHU EUHDN XS WKH YHUWLFDOPDVVLQJDGGLQJGHSWKDQGYLVXDOLQWHUHVW7KHURRIWRSUHVWDXUDQWDQGWHUUDFHDUH WKRXJKWIXOO\ VHWEDFNIURPWKHEXLOGLQJHGJH UHGXFLQJWKHLU YLVLELOLW\IURPWKHIORRGZD\ DQGPDLQWDLQ VHQVLWLYLW\ WR QHDUE\ RSHQ VSDFH YLHZV0HFKDQLFDOYHQWLQJ LV GLVFUHHWO\ LQWHJUDWHGLQWRWKUHHDUFKLWHFWXUDOO\VW\OHGFKLPQH\VWRPDLQWDLQWKHEXLOGLQJ¶VFKDUDFWHU DQGRYHUDOODHVWKHWLFLQWHJULW\
1RUWK(O&DPLQR5HDO
6RXWK
(OHYDWLRQ
7KH(O&DPLQR5HDOHOHYDWLRQVHUYHVDVRQHRIWKHSURMHFW¶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oDGH
64 +DQVRQ+RWHO 3DJH
:HVW(OHYDWLRQ
7KHZHVWHOHYDWLRQVLWVEHKLQGWKHH[LVWLQJ&DWDO\VWVLQJOHVWRU\VXUIVKRSDW1RUWK (O&DPLQR5HDO DQGIHDWXUHVYDULHGEXLOGLQJKHLJKWVVFXOSWHGURRIOLQHVDQGSURMHFWLQJ PDVVHVWKDWFUHDWHDG\QDPLFIDoDGH$UFKLWHFWXUDOHOHPHQWVVXFKDVUHFHVVHGZLQGRZV YLQHFRYHUHGWUHOOLVHVDQGJDUGHQZDOOVKHOSWRVRIWHQWKHVWUXFWXUHDQGKDUPRQL]HLWZLWK WKH VXUURXQGLQJODQGVFDSH$UWLFXODWHGZDOOSODQHV VWXFFR DQGGHFRUDWLYHWLOHHQVXUH FRQVLVWHQF\ ZLWK WKH PRUH SURPLQHQW HOHYDWLRQV DQG UHLQIRUFH WKH SURMHFW¶V IRXUVLGHG GHVLJQLQWHJULW\
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¶VLGHQWLW\ZKLOHVXSSRUWLQJPRGHUQKRWHORSHUDWLRQV +LVWRULF&RQWH[W$QDO\VLV
7KH SURMHFW LV ORFDWHG DGMDFHQW WR WKH 1RUWK %HDFK +LVWRULF 'LVWULFW D 1DWLRQDOO\ 5HJLVWHUHG'LVWULFWFHOHEUDWHGIRULWVGLVWLQFWLYH6SDQLVK&RORQLDO5HYLYDODUFKLWHFWXUHDQG LWVURRWVLQ2OH+DQVRQ¶V
VYLVLRQ DVDQHQWHUWDLQPHQWKXE IRU6DQ&OHPHQWH7KH 'LVWULFW LQFOXGHV VHYHUDO FRQWULEXWLQJ KLVWRULF UHVRXUFHV PRVW QRWDEO\ WKH &DVLQR 6DQ &OHPHQWH0LUDPDU7KHDWHU DQG%RZOLQJ$OOH\2OH+DQVRQ%HDFK&OXEDQGWKH$TXDWLFV &DIp7KHVHEXLOGLQJVFROOHFWLYHO\GHILQHWKHYLVXDODQGFXOWXUDOLGHQWLW\RIWKH1RUWK%HDFK +LVWRULF'LVWULFW DQGUHSUHVHQWDFRKHVLYHDQGDUFKLWHFWXUDOO\VLJQLILFDQWGLVWULFW &DWDO\VW%XLOGLQJ
65 +DQVRQ+RWHO 3DJH
$OWKRXJK WKH SURMHFW VLWH LV QRW D KLVWRULF UHVRXUFH LW LV ZLWKLQ ERWK WKH $UFKLWHFWXUDO 2YHUOD\DQGLVVXEMHFWWRGHVLJQUHYLHZDQGFRPSDWLELOLW\DVVHVVPHQWWRHQVXUHWKDWQHZ GHYHORSPHQWHQKDQFHVDQGGRHVQRWGHWUDFWIURPWKHKLVWRULFVHWWLQJ North Beach Historic District
7KH1RUWK%HDFK+LVWRULF'LVWULFWLQ6DQ&OHPHQWH&DOLIRUQLDLVDVLJQLILFDQWFXOWXUDODQG DUFKLWHFWXUDODUHDWKDWUHIOHFWVWKH&LW\¶VHDUO\UHVRUWHUDGHYHORSPHQWLQWKH ¶VDQG
¶V &HQWHUHG DURXQGWKH2OH +DQVRQ%HDFK &OXE DQG &DVLQR6DQ &OHPHQWHWKH GLVWULFWVKRZFDVHVH[HPSODU\6SDQLVK&RORQLDO5HYLYDODUFKLWHFWXUHFRQVLVWHQWZLWKWKH YLVLRQRI6DQ&OHPHQWH¶VIRXQGHU2OH+DQVRQZKRVRXJKWWRFUHDWHD³6SDQLVK9LOODJH E\ WKH 6HD´ 7KH DUHD¶V OD\RXW FRKHVLYH GHVLJQ DQG LQWHJUDWLRQ RI SXEOLF DPHQLWLHV HPSKDVL]H UHFUHDWLRQDO DQG FRPPXQLW\FHQWHUHG XVH
KDOOPDUNV RI HDUO\ WKFHQWXU\
FRDVWDOUHVRUWSODQQLQJ
7KH 'LVWULFW LQFOXGHV D PL[ RI SXEOLF FRPPHUFLDO DQG UHFUHDWLRQDO EXLOGLQJV DOO FRQWULEXWLQJ WR WKH KLVWRULF FKDUDFWHU DQG DHVWKHWLF XQLW\ RI WKH DUHD $UFKLWHFWXUDO HOHPHQWVVXFKDVUHGFOD\WLOHURRIVZKLWHVWXFFRZDOOVDQGGHFRUDWLYHLURQZRUNH[HPSOLI\ WKH6SDQLVK&RORQLDO5HYLYDOVW\OH7KH'LVWULFWUHPDLQVDQLPSRUWDQWUHSUHVHQWDWLRQRI HDUO\ PDVWHUSODQQHG FRDVWDO FRPPXQLWLHV LQ &DOLIRUQLD DQG FRQWLQXHV WR VHUYH DV D JDWHZD\WR6DQ&OHPHQWH¶VFRDVWDOLGHQWLW\DQGKLVWRULFDOOHJDF\ )LJXUH ± 1RUWK%HDFK+LVWRULF'LVWULFW
$VVHVVPHQWRI&RPSDWLELOLW\ZLWKWKH+LVWRULF'LVWULFWDQG$GMDFHQW5HVRXUFHV 7R HQVXUH UHVSHFWIXO LQWHJUDWLRQ ZLWK WKLV KLVWRULF VHWWLQJ WKH DSSOLFDQW VXEPLWWHG D FRPSUHKHQVLYH DVVHVVPHQW LQFOXGLQJ YLVXDO VLPXODWLRQV SKRWRJUDSKLF DQDO\VHV DQG 66 +DQVRQ+RWHO 3DJH
DUFKLWHFWXUDOQDUUDWLYHGRFXPHQWVHYDOXDWLQJWKHSURMHFW¶VGHVLJQZLWKLQLWVFRQWH[W7KHVH PDWHULDOVDUHSURYLGHGLQ$WWDFKPHQW
VKHHWV$DQG$WKURXJK$
DQGLQ
WKH $UFKLWHFWXUDO 3URMHFW 'HVFULSWLRQ SURYLGHG DV $WWDFKPHQW WR LOOXVWUDWH KRZ WKH SURSRVHGPDVVLQJVHWEDFNVDQGDUFKLWHFWXUDOGHWDLOLQJSUHVHUYHLPSRUWDQWSXEOLFYLHZ FRUULGRUVDQGPDLQWDLQFRPSDWLELOLW\ZLWK WKH DGMDFHQW'LVWULFWDQGKLVWRULFUHVRXUFHV .H\FRPSDWLELOLW\HOHPHQWVLQFOXGH
x 0DVVLQJ
$ORQJ$YHQLGD3LFRWKH SURMHFW¶V PDVVLQJ EHJLQVDWRQH VWRU\DWWKH VWUHHWFRUQHUDQGVWHSVXSJUDGXDOO\WRWKUHHVWRULHVPDLQWDLQLQJDORZSURILOHDW WKHSURPLQHQWFRUQHUDQGUHVSHFWLQJWKHVFDOHRIKLVWRULFEXLOGLQJV ZKLFKVLWVRXWK RIWKH IRRWZLGH ULJKWRIZD\ DORQJ1RUWK(O&DPLQR5HDO 7KHSURMHFW VWHSV GRZQ IURP WKLV VWUHHW HGJH DQG SRVLWLRQV WKH EXON RI WKH WZR DQG WKUHHVWRU\ PDVVLQJDWWKHUHDURIWKHORW7KLVGHVLJQPDLQWDLQVFOHDUYLHZFRUULGRUVWKURXJK WKHVLWHDQGSUHVHUYHVVLJKWOLQHV WRERWKWKH'LVWULFWDQGWKHFRDVWOLQH x $UFKLWHFWXUDO$QFKRULQJDWWKH:HVW&RUQHU
7KHPRVWZHVWHUO\SRUWLRQRIWKH
EXLOGLQJ LQFOXGHV D WZRWRWKUHH VWRU\ WUDQVLWLRQ ZLWK D WXUUHW HOHPHQW DORQJ WKH VWUHHWIURQWDJHUHIHUHQFLQJLFRQLFGHVLJQIHDWXUHVIRXQGLQWKH2OH+DQVRQ%HDFK &OXEDQG$TXDWLFV&DIp7KLVVHUYHVDVERWKDYLVXDOWHUPLQXVDQGDUFKLWHFWXUDO WULEXWH HQVXULQJ DUFKLWHFWXUDO FRQWLQXLW\ ZKLOH FUHDWLQJ D JDWHZD\ HOHPHQW WKDW IUDPHVYLHZVDQGLQGLFDWHV HQWU\LQWRWKH+LVWRULF'LVWULFWDQG*DWHZD\ x 3XEOLF 9LHZLQJ DQG $FFHVV (QKDQFHPHQWV
7KH SURMHFW LQFOXGHV D SXEOLFO\
DFFHVVLEOHFRPPXQLW\JDUGHQDWWKHFRUQHURI$YHQLGD3LFRDQG1RUWK(O&DPLQR 5HDODVZHOODVDQHOHYDWHGSXEOLFWHUUDFH DWWKHSRROGHFNOHYHOERWKGHVLJQHGWR SURYLGH QHZ SXEOLF YLHZ RSSRUWXQLWLHV WR WKH +LVWRULF 'LVWULFW DQG WKH RFHDQ $GGLWLRQDOO\ WKH URRIWRS UHVWDXUDQW RQ WKH WKLUG IORRU RIIHUV SXEOLF DFFHVV WR H[SDQVLYHYLHZVRIWKHFRDVWOLQHDQGVXUURXQGLQJKLVWRULFDVVHWV &RQIRUPDQFHZLWK3UHVHUYDWLRQ*RDOVDQG6WDQGDUGV
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¶VYLVLRQRID³6SDQLVK9LOODJHE\WKH6HD´7KH SURMHFWDOLJQVZLWKWKHJRDOVRIWKH*HQHUDO3ODQDQG/83 DQG GRHVQRWLPSDLUWKHLQWHJULW\ RIVXUURXQGLQJKLVWRULFVWUXFWXUHV
3XEOLF9LHZ&RUULGRU $QDO\VLV
7KHSURMHFW VLWHLVORFDWHGLQWKH1RUWK%HDFK*DWHZD\DQGOLHVZLWKLQWKH$YHQLGD3LFR 6FHQLF9LHZ&RUULGRUDVHVWDEOLVKHGLQWKH&LW\¶V*HQHUDO3ODQDQG/837KHDSSOLFDQW VWDII'56&DQG&&& VWDIIHYDOXDWHGDQGUHILQHGWKHSURMHFWWRHQVXUHFRPSOLDQFHZLWK 67 +DQVRQ+RWHO 3DJH
WKH &LW\¶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
7RSUHVHUYHSXEOLFRFHDQYLHZVDQGUHGXFHYLVXDOLPSDFWVWKHDSSOLFDQWKDVLQFRUSRUDWHG VHYHUDO VLJQLILFDQW GHVLJQ FRQFHVVLRQV EH\RQG ZKDW LV UHTXLUHG E\ WKH =RQLQJ &RGH $OWKRXJKWKHVLWHFRXOGDFFRPPRGDWHXSWRKRWHOURRPVXQGHU]RQLQJDOORZDQFHVWKH SURMHFWSURSRVHVRQO\ URRPVWR UHGXFHPDVVLQJ7KH UHTXLUHGPLQLPXP)ORRU$UHD 5DWLR
)$5
RIKDVEHHQXQGHUXWLOL]HG ZLWKDSURSRVHG)$5RIMXVW $GGLWLRQDOO\
WKHEXLOGLQJ¶VKHLJKWDQGSODFHPHQWKDYHEHHQFDUHIXOO\GHVLJQHG ZKLOHQRVHWEDFNVDUH
UHTXLUHGWKHSURMHFWOLPLWVGHYHORSPHQWDORQJ$YHQLGD3LFRWRDVLQJOHVWRU\ZLWKWKHEXON RIWKHWKUHHVWRU\PDVVLQJUHFHVVHGWRZDUGWKHUHDURIWKHVLWH7KLVVWHSSHGEDFNGHVLJQ SUHVHUYHV NH\ YLHZ FRUULGRUVIURP WKH$YHQLGD3LFR6FHQLF &RUULGRU DQG UHGXFHV WKH
SURMHFW
VYLVLELOLW\
)LJXUH
/833XEOLF9LHZ&RUULGRU0DS
68 +DQVRQ+RWHO 3DJH
)LJXUH
3URMHFW9LHZ6LPXODWLRQIURP3XEOLF9LHZ&RUULGRU0DS3RLQW
3KRWRJUDSKWDNHQIURPWKHSRLQWLGHQWLILHGLQ)LJXUH/833XEOLF9LHZ&RUULGRU0DS ,QUHVSRQVHWR'56& DQG&&& VWDII IHHGEDFNWKHDSSOLFDQWPDGHFKDQJHVWRSURWHFWWKH SXEOLFYLHZFRUULGRU ZKLFKLQFOXGHWKHIROORZLQJ
x 6WHSSLQJWKHEXLOGLQJPDVVLQJEDFNIURP$YHQLGD3LFRWRPLQLPL]HEORFNDJHRI EOXHZDWHURFHDQYLHZV
x 5HGXFLQJWKHEXLOGLQJWRRQH VWRU\DGMDFHQWWR$YHQLGD3LFRDQGLQFUHDVLQJWKH EXLOGLQJ¶VKHLJKWWRZDUGWKHQRUWKZHVWDZD\IURPWKHSULPDU\YLHZFRUULGRU x 3XEOLFYLHZWHUUDFHVDQGWUDQVSDUHQWVWDLUFDVHVZHUHLQFRUSRUDWHGLQWRWKHGHVLJQ WRPDLQWDLQYLVXDOSHUPHDELOLW\
x 9LVXDOVLPXODWLRQVZHUHSUHSDUHG
$WWDFKPHQWVKHHWV$ WR$
VKRZLQJ
WKHSUHVHUYHGRFHDQYLHZVIURPNH\YDQWDJHSRLQWVDORQJ$YHQLGD3LFR x $OWKRXJKVRPHPLQRUYLHZREVWUXFWLRQRFFXUVORZHUDORQJWKHGHVFHQWRI$YHQLGD 3LFRWRZDUG(O&DPLQR5HDOWKHSURMHFWSUHVHUYHVWKHEURDGHUEOXHZDWHUYLHZV IURP KLJKHU PRUH VLJQLILFDQW SXEOLF YDQWDJH SRLQWV ZKHUH WKH VFHQLF YDOXH LV
JUHDWHVW
7KH DSSOLFDQW SUHSDUHG D YLVXDO VLPXODWLRQ SDFNDJH $WWDFKPHQW
6KHHWV $
WKURXJK $
WKDW GHPRQVWUDWHV WKH UHWHQWLRQ RI RFHDQ YLHZV IURP PXOWLSOH YDQWDJH SRLQWVLQFOXGLQJIURP$YHQLGD3LFRSXEOLFWUDLOVDQG3LFR3DUN7KHVHVWXGLHVFRQILUPHG WKDWWKHVWHSSHGDUFKLWHFWXUHDQGODQGVFDSLQJFUHDWHOD\HUHGRSHQQHVVDQGPDLQWDLQNH\ YLHZV7KHURRIWRSUHVWDXUDQWDQGHOHYDWHGWHUUDFH QHDUWKHSRROGHFNRIIHUVHQKDQFHG SXEOLFFRDVWDOYLHZDUHDVRQSULYDWHSURSHUW\WKDWLVFXUUHQWO\LQDFFHVVLEOHWRWKHSXEOLF 7KH'56&¶V HYDOXDWLRQ RIWKH SURMHFW FRQFOXGHG LW FRPSOLHVZLWK DSSOLFDEOH /DQG8VH 3ODQSROLFLHVSDUWLFXODUO\9,69,6DQG9,6DQGWKDWWKHGHVLJQLVVXFFHVVIXOLQ EDODQFLQJGHYHORSPHQWZLWKVFHQLFSUHVHUYDWLRQDVUHTXLUHGLQWKH/837KHLQFOXVLRQRI SXEOLFO\ DFFHVVLEOH VSDFHV DQG YLVXDO WUDQVSDUHQF\ DW XSSHU OHYHOV ZDV YLHZHG DV D PRGHOIRUQHZGHYHORSPHQWLQWKH&RDVWDO=RQH
69 +DQVRQ+RWHO 3DJH
Design Review Subcommittee
7KH'HVLJQ5HYLHZ6XEFRPPLWWHH
'56&
UHYLHZHGWKHSURMHFWILUVWRQ'HFHPEHU
DQGWKHPDLQFRPPHQWVUHFHLYHGIURPWKH'56&ZHUHUHODWHGWRWKHIROORZLQJ
x 9LHZ3UHVHUYDWLRQDQG6FHQLF,QWHJULW\
x 0DVV6FDOHDQG$UFKLWHFWXUDO1DUUDWLYH
x /DQGVFDSHDQG9LVXDO%XIIHUV
x $UFKLWHFWXUDO,QWHJUDWLRQDQG6FHQLF4XDOLW\
x 'HVLJQ5HILQHPHQWV
x +LVWRULF&RQWH[WXDO&RPSDWLELOLW\
2Q $SULO
WKH '56& FRQGXFWHG WKHLU VHFRQG UHYLHZ RI WKH SURMHFW ZKHUH LW HYDOXDWHG WKHGHVLJQDQGFRQWH[WXDOFRPSDWLELOLW\RIWKHSURSRVHGGHYHORSPHQWZLWKD IRFXVRQLWV YLVLELOLW\IURPWKH$YHQLGD3LFR YLHZ FRUULGRUDQGLWVLQWHJUDWLRQZLWKLQWKH 1RUWK%HDFK+LVWRULF'LVWULFW7KH'56&SURYLGHGVHYHUDOUHFRPPHQGDWLRQVLQWHQGHGWR LPSURYH WKH SURMHFW¶V DOLJQPHQW ZLWK WKH &LW\¶V 'HVLJQ *XLGHOLQHV DQG FRPPXQLW\ FKDUDFWHU 7KH IROORZLQJ WDEOH VXPPDUL]HV WKH '56&¶V UHFRPPHQGDWLRQV DQG WKH DSSOLFDQW¶V FRUUHVSRQGLQJPRGLILFDWLRQV
7DEOH
'56&5HFRPPHQGDWLRQVDQG3URMHFW5HYLVLRQV
'56&5HFRPPHQGDWLRQ $SSOLFDQW5HVSRQVH5HYLVLRQ
,PSURYHZHVWHOHYDWLRQDUWLFXODWLRQDQG
UHGXFHSHUFHLYHGPDVVLQJDORQJ1(O
&DPLQR5HDO
0RGLILHG5HFHVVHGZDOOVDGGHGFRUEHOV
DQGRUQDPHQWDOSODVWHUZRUNLQFRUSRUDWHG
DQGHQWU\DUFKGHWDLOHQKDQFHG
6WHSGRZQVRXWKHUQHOHYDWLRQDORQJ
$YHQLGD3LFRWRSUHVHUYHEOXHZDWHU
YLHZVLQWKHVFHQLFFRUULGRU
0RGLILHG%XLOGLQJPDVVLQJUHGXFHGWRRQH
VWRU\DORQJ$YHQLGD3LFRDQGODQGVFDSH
EXIIHUZLGHQHGWRSURWHFWYLHZV
&ODULI\SHGHVWULDQFLUFXODWLRQDQG
VLGHZDONZLGWKWRVXSSRUWSXEOLFDFFHVV
0RGLILHG6LWHSODQXSGDWHGWRLQFOXGH
ZLGHQHGVLGHZDONVFOHDUSHGHVWULDQ
SDWKVDQGLQWHJUDWHGSXEOLFVHDWLQJDUHDV
3URYLGHDGGLWLRQDODUWLFXODWLRQDQG
ODQGVFDSLQJRQWKHQRUWKHOHYDWLRQ
0RGLILHG1RUWKHOHYDWLRQUHYLVHGWR
LQFOXGHGHFRUDWLYHIHQHVWUDWLRQYDULHG
SODVWHUWH[WXUHVDQGQHZODQGVFDSH
EXIIHUV
(QVXUHURRIWRSPHFKDQLFDOHTXLSPHQWLV
YLVXDOO\VFUHHQHG
5RRIWRSSODQXSGDWHGWRLQFOXGHORZ
SURILOHVFUHHQLQJZDOOVDQGFKLPQH\V
LQWHJUDWHGZLWKWKHEXLOGLQJ¶VDUFKLWHFWXUDO
VW\OH
7KH DSSOLFDQW¶V UHYLVHG SODQV UHIOHFW VXEVWDQWLDO FRQIRUPDQFH ZLWK '56& LQSXW VHH
$WWDFKPHQWV
7KHVH FKDQJHV HQKDQFH WKH SURMHFW¶V YLVXDO TXDOLW\ UHLQIRUFH LWV FRPSDWLELOLW\ ZLWKWKH VXUURXQGLQJ KLVWRULF FRQWH[W DQG DGGUHVV YLHZ SUHVHUYDWLRQDQG SHGHVWULDQ H[SHULHQFH JRDOV 7KH '56& VXSSRUWHG WKH SURMHFWPRYLQJ IRUZDUG WR WKH 70 +DQVRQ+RWHO 3DJH
3ODQQLQJ &RPPLVVLRQ FRQFOXGLQJ WKDW QR GHVLJQ FKDQJHV DUH UHTXLUHG 5HIHU WR $WWDFKPHQWV DQGIRUWKHPLQXWHVDQG VWDIIUHSRUWRIHDFK'56& PHHWLQJ &RQGLWLRQDO8VH3HUPLW
3XUVXDQW WR6HFWLRQ RIWKH6DQ&OHPHQWH=RQLQJ&RGHWKHSURMHFWUHTXLUHVD &RQGLWLRQDO8VH3HUPLW
&83
IRUWKHKRWHOXVHIXOOUDQJHDOFRKROVHUYLFHDQGDPSOLILHG PXVLF7KHDSSOLFDQWUHTXHVWVWKH&83WRDOORZ
Hotel Use
7KH ERXWLTXH KRWHO XVH LWVHOI LV FRQGLWLRQDOO\ SHUPLWWHG LQ WKH 08$&%&= ]RQLQJ GLVWULFW 7KH SURMHFW DOLJQV ZLWK &LW\ JRDOV RI IRVWHULQJ FRDVWDO DFFHVV DQG HQKDQFLQJ WRXULVPZKLOHSUHVHUYLQJKLVWRULFFKDUDFWHU7KHKRWHO¶VLQWHJUDWLRQRIDIIRUGDEOHXQLWV
UDWLR UHVXOWLQJ LQ DIIRUGDEOH URRPV
VXSSRUWV HTXLWDEOH DFFHVV WR WKH FRDVW DQG
UHLQIRUFHVFRQVLVWHQF\ZLWKERWKWKH*HQHUDO3ODQDQG/RFDO&RDVWDO3URJUDP,WVGHVLJQ DQG RSHUDWLRQV SDUNLQJ DOORFDWLRQ DQG ORDGLQJ DUHD DUH FRPSDWLEOH ZLWK VXUURXQGLQJ ODQGXVHV )XUWKHUWKHSURSRVHGKRWHOLVZLWKLQZDONLQJGLVWDQFHRIWKH0HWUROLQNWUDLQ VWDWLRQ 1RUWK %HDFK WKH 6DQ &OHPHQWH &RDVWDO 7UDLO 3LFR 3DUN WKH 6DQ &OHPHQWH 7UROOH\6WRSDW1RUWK%HDFKDQGWKHYDULRXVZHGGLQJYHQXHVDQGRWKHUFRPPHUFLDOXVHV LQDQGDURXQGWKH1RUWK%HDFK+LVWRULF'LVWULFW
Full Alcohol Service and Amplified Music
7KHSURMHFW¶VUHTXHVWIRUDOFRKROVHUYLFHDQGDPSOLILHGPXVLFUHTXLUHVWKHDSSURYDORID &83 LQ WKH 08 ]RQLQJ GLVWULFW RI WKH 1RUWK %HDFK DUHD 7KH UHTXHVWV DUH W\SLFDO RI UHVWDXUDQWVLQWKH1RUWK%HDFKDUHD DVWKH\FRQWULEXWHWRWKHFXVWRPHUH[SHULHQFH ZKLFK SURPRWHV SHGHVWULDQWUDIILF7KHSURMHFWZRXOGRIIHUIXOOUDQJHDOFRKROVHUYLFH 7\SH
$%&3HUPLW
IRU WKHURRIWRSUHVWDXUDQW
LQGRRUDQGRXWGRRU
DQGSRROUHVWDXUDQW DUHDV
$OFRKROVHUYLFHLVSURSRVHG VHYHQ GD\VD ZHHNO\IURP
DP WR
SP IRURXWGRRU
VHUYLFH DQG
DP WR
DP
PLGQLJKW
IRU WKH LQGRRU SRUWLRQ RI WKH URRIWRS
UHVWDXUDQW &RQGLWLRQVRIDSSURYDO WKURXJK DUHSURSRVHGLQWKHGUDIWUHVROXWLRQ WKDWUHTXLUHGEHVWPDQDJHPHQWSUDFWLFHVIRUDOFRKROVHUYLFHDQGVSHFLILFKRXUVRIVHUYLFH IRUHDFKRIWKHVHUYLFHDUHDV
7R FRQWULEXWH WR WKH DPELDQFH RI WKH UHVWDXUDQWV WKH DSSOLFDQW SURSRVHV EDFNJURXQG DPSOLILHG PXVLF IRU WKH SRROUHVWDXUDQW DQG URRIWRS UHVWDXUDQW DUHDV 7KLV UHTXHVW LV LQWHQGHGWRHQKDQFHWKHJXHVWH[SHULHQFHIRUERWKKRWHOSDWURQVDQGUHVWDXUDQWYLVLWRUV DQG LV OLPLWHG WR DPELHQW EDFNJURXQG PXVLF RQO\ ZLWK QR OLYH HQWHUWDLQPHQW $ SURIHVVLRQDODFRXVWLFV VWXG\SUHSDUHGE\9HQHNODVHQ$VVRFLDWHV $WWDFKPHQW
ZKLFK
HYDOXDWHGWKHURRIWRSWHUUDFHDQGRWKHUDUHDVIRUSRWHQWLDOQRLVHLPSDFWVDQGFRQILUPHG WKDWSURMHFWHGVRXQGOHYHOVZRXOGUHPDLQZLWKLQWKH&LW\¶V1RLVH2UGLQDQFHWKUHVKROGV 7RHQVXUHFRPSDWLELOLW\ZLWKVXUURXQGLQJXVHVRSHUDWLRQDOVDIHJXDUGVDUHLQFOXGHGLQWKH SURMHFW¶V FRQGLWLRQV RI DSSURYDO &RQGLWLRQ UHTXLUHV WKH DSSOLFDQW WR OLPLW RXWGRRU DPSOLILHGPXVLFIURP
DPWR
SPIRUWKHSURSHUW\DQGDOOXVHV$PSOLILHGPXVLF
LVDXWKRUL]HGWREHSOD\HGLQGRRUVIURP
DPWR
DP
PLGQLJKW
KRZHYHUDIWHU
71 +DQVRQ+RWHO 3DJH
SPWR
DPDOOH[WHULRUZLQGRZVDQGGRRUVVKDOOUHPDLQFORVHG$GGLWLRQDOO\ WKHSURMHFWPXVWFRPSO\ZLWKWKH&LW\¶V1RLVH2UGLQDQFH $Q\IXWXUHUHTXHVWIRUH[SDQGHG HQWHUWDLQPHQWZRXOGEHVXEMHFWWRDGGLWLRQDOUHYLHZDQGDSSURYDOV Outdoor Restaurant Seating (CUP)
7KHSURMHFWLQFOXGHVRXWGRRUGLQLQJDWWKHURRIWRSUHVWDXUDQW JURXQGOHYHOFDIpDQG ZDON XS FDIp 7KHVH VSDFHV DFWLYDWH WKH VWUHHWVFDSH SURPRWH SHGHVWULDQ LQWHUDFWLRQ DQG HQKDQFH WKH KRWHO¶V DSSHDO 6HDWLQJ LV VWUDWHJLFDOO\ SODFHG WR DYRLG REVWUXFWLQJ YLHZ FRUULGRUV DQG SXEOLF DFFHVVZD\V SDUWLFXODUO\ DORQJ $YHQLGD 3LFR 7KHLU ORZSURILOH IXUQLVKLQJVODQGVFDSHEXIIHUVDQGOLJKWLQJ DUHFRPSDWLEOH ZLWKWKHQHLJKERUKRRG7KLV DPHQLW\DOLJQVZLWKWKH&LW\¶VJRDOVIRUFUHDWLQJLQYLWLQJSXEOLFVSDFHVWR WKH1RUWK%HDFK DUHD
(19,5210(17$/5(9,(:&203/,$1&(
&(4$
7KH3ODQQLQJ'LYLVLRQFRPSOHWHGDQHQYLURQPHQWDODVVHVVPHQWIRUWKHSURSRVHGSURMHFW LQ DFFRUGDQFH ZLWK WKH &DOLIRUQLD (QYLURQPHQWDO 4XDOLW\ $FW &(4$
%DVHG RQ WKLV
DVVHVVPHQWVWDII UHFRPPHQGVWKDWWKH3ODQQLQJ&RPPLVVLRQGHWHUPLQHWKHSURMHFWLV FDWHJRULFDOO\ H[HPSW IURP IXUWKHU &(4$ HQYLURQPHQWDO UHYLHZ SXUVXDQW WR &(4$ *XLGHOLQHV 6HFWLRQ
&ODVV
,Q)LOO 'HYHORSPHQW 3URMHFWV
7KLV H[HPSWLRQ
DSSOLHV WR SURMHFWV FKDUDFWHUL]HG DV LQILOO GHYHORSPHQW WKDW PHHW DOO RI WKH IROORZLQJ
FULWHULD
)LUVW WKH SURMHFW PXVW EH FRQVLVWHQW ZLWK WKH DSSOLFDEOH *HQHUDO 3ODQ GHVLJQDWLRQ DSSOLFDEOHSROLFLHVDQG]RQLQJUHJXODWLRQV7KHSURMHFWVLWHLVGHVLJQDWHGDV'RZQWRZQ 0L[HG8VH
08
LQ WKH *HQHUDO 3ODQ DQG LV ]RQHG 08&%$&=
0L[HG 8VH
&HQWUDO%XVLQHVV'LVWULFW$UFKLWHFWXUDO2YHUOD\&RDVWDO=RQH 7KHSURMHFWFRPSOLHVZLWK
DOODSSOLFDEOH]RQLQJUHJXODWLRQVLQFOXGLQJWKRVHUHODWHGWRVHWEDFNVKHLJKWSDUNLQJDQG GHVLJQ ,W LV FRQVLVWHQW ZLWK *HQHUDO 3ODQ 3ROLF\ /8 ,QILOO 'HYHORSPHQW
ZKLFK
HQFRXUDJHV GHYHORSPHQW FRPSDWLEOH ZLWK FRDVWDORULHQWHG DQG FRPPXQLW\VHUYLQJ FRPPHUFLDOXVHVVXFKDVRYHUQLJKWDFFRPPRGDWLRQVPL[HGXVHFRPPHUFLDODQGSXEOLF UHFUHDWLRQDODPHQLWLHV7KHSURMHFWDOVRDOLJQVZLWKWKH1RUWK%HDFK)RFXV$UHDJRDOV WKDW SURPRWH SHGHVWULDQRULHQWHG PL[HGXVH GHYHORSPHQW LQ SUR[LPLW\ WR WUDQVLW DQG FRDVWDOUHVRXUFHV
6HFRQGWKHSURMHFWPXVWRFFXUZLWKLQ&LW\OLPLWVRQDVLWHQRODUJHUWKDQILYHDFUHVDQG EH VXEVWDQWLDOO\ VXUURXQGHG E\ XUEDQ XVHV 7KH VXEMHFW VLWH LVZLWKLQ WKH &LW\ RI6DQ &OHPHQWHRFFXSLHVDDFUHSDUFHODQGLVVXUURXQGHGE\FRPPHUFLDOGHYHORSPHQWWR WKHZHVWHDVWDQGVRXWKZLWKDQLPSURYHGGUDLQDJHFKDQQHODQGSHGHVWULDQSDWKZD\WR WKHQRUWK $OWKRXJKWKH3LFR3DUN6HD6XPPLW7UDLODQGRSHQVSDFHDUHJHQHUDOO\QRUWK RI WKH SURMHFW VLWH WKH SURMHFW VLWH LWVHOI LV VXEVWDQWLDOO\ VXUURXQGHG E\ XUEDQ XVHV 2 The operation and hours of the walk up café will be contingent upon seasonal and/or market conditions
72 +DQVRQ+RWHO 3DJH
LQFOXGLQJDFDUZDVKDFRQYHQLHQFHVWRUHDVXUIVKRSDQDXWROXEULFDQWIDFLOLW\DQGD FDVLQR
7KLUGWKHSURMHFWPXVWQRWEHORFDWHGRQDVLWHZLWKKDELWDWYDOXHIRUHQGDQJHUHGUDUH RUWKUHDWHQHGVSHFLHV$ELRORJLFDODVVHVVPHQW
$WWDFKPHQW
KDVEHHQFRPSOHWHGIRU
WKHSURMHFWVLWHDQGFRQILUPVWKDWWKHSURMHFWVLWH GRHVQRWFRQWDLQKDELWDWIRU VHQVLWLYHRU OLVWHGVSHFLHVQRULVLWSDUWRIDGHVLJQDWHGVHQVLWLYHELRORJLFDODUHD )RXUWKWKHVLWHPXVWEHDGHTXDWHO\VHUYHGE\H[LVWLQJSXEOLFXWLOLWLHVDQGLQIUDVWUXFWXUH 7KHVLWHKDVXWLOLW\VHUYLFHVDGMDFHQWWRWKHVLWH IURP6DQ'LHJR*DV (OHFWULF JDVDQG
HOHFWULFLW\
WKH 0XQLFLSDO :DWHU 'LVWULFW RI 2UDQJH &RXQW\ ZDWHU
WKH &LW\ RI 6DQ
&OHPHQWH
VHZHU
DQG &5 5
VROLG ZDVWH VHUYLFHV
FRQILUPLQJ WKH DYDLODELOLW\ DQG
FDSDFLW\ RI UHTXLUHG VHUYLFHV 7KH VLWH ZLOO DOVR KDYH DYDLODEOH VDIHW\ DQG HPHUJHQF\ UHVSRQVHUHVRXUFHVDYDLODEOHIURPWKH&RXQW\¶V SROLFHDQGILUHGHSDUWPHQWV )LQDOO\WKHSURMHFWPXVWQRWUHVXOWLQVLJQLILFDQWHIIHFWVUHODWHGWRWUDIILFQRLVHDLUTXDOLW\ RUZDWHUTXDOLW\DQGWKHUHPXVWEHQRXQXVXDOFLUFXPVWDQFHVFUHDWLQJ WKHSRWHQWLDOIRU VLJQLILFDQW HQYLURQPHQWDO HIIHFWV $ WUDIILF DQDO\VLV $WWDFKPHQW
SUHSDUHG IRU WKH
SURMHFW DQG UHYLHZHG E\ WKH &LW\¶V 7UDIILF (QJLQHHU FRQFOXGHV WKDW LW ZLOO QRW UHVXOW LQ VLJQLILFDQWWUDIILF LPSDFWV RU QHFHVVLWDWH LPSURYHPHQWV$ DFRXVWLFV VWXG\ $WWDFKPHQW
FRQGXFWHGE\9HQHNODVHQ$VVRFLDWHVGHWHUPLQHGWKDWQRLVHJHQHUDWHGE\WKHURRIWRS UHVWDXUDQW SRRO DUHD DQG DPSOLILHGPXVLFZLOO UHPDLQ ZLWKLQWKH OLPLWV VHWIRUWK LQWKH &LW\¶V 1RLVH 2UGLQDQFH DQG QRW DGYHUVHO\ DIIHFW VXUURXQGLQJ SURSHUWLHV 7KH SURMHFW LQFOXGHVDQDSSURYHG:DWHU4XDOLW\0DQDJHPHQW3ODQ
:403
DQGLVFRQGLWLRQHGWR
DYRLG DGYHUVH LPSDFWVWR DLU DQG ZDWHU TXDOLW\ 1R XQXVXDO FLUFXPVWDQFHV KDYH EHHQ LGHQWLILHGWKDWZRXOGRWKHUZLVHJLYHULVHWRVLJQLILFDQWHQYLURQPHQWDOHIIHFWV $GGLWLRQDOO\ WKH VXEMHFW VLWH ZDV SUHYLRXVO\ HYDOXDWHG XQGHU D FHUWLILHG 0LWLJDWHG 1HJDWLYH'HFODUDWLRQ
01'
VHH6WDWH&OHDULQJKRXVH1R
IRUDODUJHUPRUH
LQWHQVLYHGHYHORSPHQW IRU D
VTXDUHIRRWILYHVWRU\PL[HGXVHSURMHFW LQFOXGLQJ WLPHVKDUHXQLWVDQGVTXDUHIHHWRIFRPPHUFLDOUHWDLOVSDFHDSSURYHGLQ
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
7DEOHV
WKHFXUUHQWSURMHFWLVHTXDORUOHVVLQWHQVLYHLQHQYLURQPHQWDOLPSDFW WKDQWKH
HQWLWOHPHQWDFURVVWUDQVSRUWDWLRQQRLVHZDWHUTXDOLW\K\GURORJ\DQGRWKHU $SSHQGL[ * WRSLFV DQG LQFRUSRUDWHV PRGHUQ GHVLJQ IHDWXUHV DQG %03V WKDW UHGXFH 73 +DQVRQ+RWHO 3DJH
HIIHFWVUHODWLYHWR
SUDFWLFHV7KHUHIRUHQRQHRIWKHWULJJHUVDSSO\DQGVWDII PD\UHO\RQWKH
01'
7DEOH ² 3URMHFW,QWHQVLW\ 3URJUDP&RPSDULVRQ
6LWH3URMHFW
$SSURYHG
3URMHFW
01'
&XUUHQW 3URMHFW
+DQVRQ+RWHO
4XDQWLILHG&KDQJH
6LWH7UDFW /RW7UDFW 6DPHSDUFHO 1RFKDQJH 3ULPDU\8VH WLPHVKDUH XQLWV
SOXV VIUHWDLO
URRPKRWHOURRIWRS
UHVWDXUDQW
VT
IW
OREE\ FDIp
VT IW
ZDONXS FDIp
VTIW
6DPHYLVLWRUVHUYLQJ
FODVV
UHWDLOUHGXFHG
KRWHO UHSODFHV
WLPHVKDUHV
%XLOGLQJ$UHD
)$5
VI RI
WLPHVKDUHV SOXV
VI UHWDLO
)$5
VI KRWHO RYHU
VI VWUXFWXUHG
SDUNLQJ
UHGXFHG )$5
WR
5HGXFHG )$5
ORZHU WKDQ
01'
WR
3DUNLQJ VSDFHV
VXUIDFHVWUXFWXUH
RQVLWH
WZROHYHO
VXEWHUUDQHDQ
0HHWV FRGH
RQVLWH
VXSSO\ UHGXFHV
VSLOORYHUULVN
$FFHVV (&5 $YHQLGD 3LFR
DFFHVV
2QH ULJKWLQULJKWRXW
GULYHZD\ RQ (&5
FRXQWVDW3LFR(&5DQG
QHDUE\LQWHUVHFWLRQV
1R VLJQDO WUDIILF RU
VWUHHW LPSURYHPHQWV
UHTXLUHG
7DEOH ² 7UDQVSRUWDWLRQ
7ULSV2SHUDWLRQV'HOLYHULHV
6XEWRSLF
01' &XUUHQW3URMHFW )LQGLQJ
7ULS
*HQHUDWLRQ
3HDN
$'7
$0
30 +RWHO
URRPV
$030
)LQH 'LQLQJ
VT IW
$0 30
:DONXS &DIp
VTIW
VLQJOHGLJLW$030ĺ
30
3HDNKRXU WULSV
HTXDOORZHU
QR QHZ
VLJQLILFDQW HIIHFW RU
LQFUHDVH LQ VHYHULW\
QR
LPSURYHPHQWV
ZDUUDQWHG
2SHUDWLRQV
6DIHW\
1RW
VSHFLILHG
,QWHUVHFWLRQFRXQWVDQGDQDO\VLV
DW 3LFR(&5 DQG YLFLQLW\
QR
/26TXHXLQJVLJQDO ZDUUDQWV
WULJJHUHG
VLWHXVHVULJKWLQULJKW
RXW
1R QHZ KD]DUG RU
GHILFLHQF\
'HOLYHULHV 1RW
VSHFLILHG
±ZHHN VFKHGXOHG RII
SHDN
0DQDJHG RSHUDWLRQV
UHGXFH FRQIOLFWV
FRQVLVWHQW ZLWK XUEDQ
FRUULGRU
74 +DQVRQ+RWHO 3DJH
7DEOH ² 1RLVH
([WHULRU3URSHUW\/LQH 6HQVLWLYH5HFHSWRUV
6XEWRSLF
01' &XUUHQW 3URMHFW 6WXG\
5HVXOW
)LQGLQJ
&LW\ ([WHULRU
6WDQGDUGV
G%$ GD\
G%$ QLJKW DW
UHVLGHQWLDO
SURSHUW\OLQHV
0RGHOHG URRIWRS ORXQJH
SRRO ZLWK EDFNJURXQG PXVLF
DQG FURZG QRLVH
SUHGLFWHG
G%$ DW QHDUHVW
UHVLGHQWLDO UHFHLYHUV
DOO
FRPPHUFLDO UHFHLYHUV EHORZ
FRGH
6WXG\
GHPRQVWUDWHV
FRPSOLDQFH
QR
LQFUHDVH LQ
VHYHULW\
.H\
5HVLGHQWLDO
5HFHLYHUV
1RQH 0HDVXUHG
IHHW IURP
FHQWHUOLQHV RI $YH
3LFR DQG 1 (O
&DPLQR5HDO
6
UHVLGHQWLDO
G%$ YV
OLPLWĺ FRPSOLDQW
6
G%$ YV ĺ
FRPSOLDQW
9LD
6DODPDQFD
G%$ ĺ
FRPSOLDQW
0HHWV G%$
DW DOO UHVLGHQWLDO
SRLQWV
&RQWUROV
&RQGLWLRQV
*OD]LQJ XSJUDGH
RQ WUDIILF IDFDGHV
+9$&VRZLQGRZV
FDQEHFORVHG
'LUHFWLRQDO VSHDNHUV
WLOWDLPLQJ
KRXUV
PHFKDQLFDOVFUHHQLQJ
0DLQWDLQ
FRPSOLDQFH
DGRSW
DVFRQGLWLRQV
7DEOH ² +\GURORJ\:DWHU4XDOLW\ /,'%03V
6XEWRSLF
01' &XUUHQW 3URMHFW 'HVLJQ
(YLGHQFH
)LQGLQJ
/,'
)HDVLELOLW\
1RW
DQDO\]HG
XQGHU
SUDFWLFHV
,QILOWUDWLRQ QRW IHDVLEOH GXH WR
VXEWHUUDQHDQ JDUDJHVWUXFWXUDO
FRQVWUDLQWV DQG VKDOORZ
JURXQGZDWHU
KDUYHVWDQGXVHQRW
IHDVLEOH
ORZGHPDQG
6KLIW WR ELRWUHDWPHQW
DSSURSULDWH
PRGHUQ
VWDQGDUGV UHGXFH
LPSDFWSRWHQWLDO
3ULPDU\
%03
1RQH
LGHQWLILHG
0RGXODU:HWODQGV6\VWHP
0:6
/LQHDU
%,2
VL]HG SHU 7*'
:RUNVKHHW
WUHDWV'0$
HIIHFWLYH LPSHUYLRXV DERYH
SRGLXP
EHIRUHGLVFKDUJH
0HHWV 7$3(7*'
SHUIRUPDQFH
UREXVW
UHPRYDO HIILFLHQFLHV
HJ766§
2WKHU
'0$V
1RQH
LGHQWLILHG
'0$ '0$ DUH SHUYLRXV
³VHOIPLWLJDWLQJ´
'0$ XVHV
+6&GLVSHUVLRQ
UDWLR
&RPSOLHV ZLWK 7*'
UDWLRVDQGVHWEDFNV
3RVW
3URMHFW
'UDLQDJH
1RQH
LGHQWLILHG
8OWLPDWH GLVFKDUJH SRLQW
XQFKDQJHG
WLPHRIFRQFHQWUDWLRQ
UHGXFHG GXH WR SURSHU GUDLQDJH
GHVLJQ
1R QHZ RIIVLWH
GUDLQDJHLPSDFW
75 +DQVRQ+RWHO 3DJH
7DEOH ² $LU4XDOLW\ *UHHQKRXVH*DVHV
6XEWRSLF
01' &XUUHQW3URMHFW )LQGLQJ
&RQVWUXFWLRQ 7\SLFDO GXVW
FRQWURO IRU
HUD
6&$40' %03V
ERXWLTXH
VFDOH
VXEWHUUDQHDQ
VWDJLQJKDXOLQJSODQ
%HORZ UHJLRQDO
WKUHVKROGV ZLWK %03V
QRVHYHULW\LQFUHDVH
2SHUDWLRQV
&ULWHULD
1RW
TXDQWLILHG
6PDOO KRWHO OLPLWHG ) %
FRPSOLDQW PHFKDQLFDO
OLPLWHGGHOLYHULHV
1R HYLGHQFH RI
VLJQLILFDQW UHJLRQDO
HPLVVLRQV
WUDIILFDOUHDG\
DFFRXQWHGIRU
*UHHQKRXVH
*DVHV
1RW
HYDOXDWHG
SUH6%
6PDOO HQHUJ\WULS SURILOH
PRGHUQ :403/,' DQG
FRGHFRPSOLDQWV\VWHPV
1R VXEVWDQWLDO *+*
LPSDFW
FRQVLVWHQW ZLWK
6WDWH/RFDOSODQV
7DEOH ² 2WKHU$SSHQGL[*7RSLFV
6XPPDU\0DWUL[
7RSLF
01' &XUUHQW 3URMHFW
(YLGHQFH
&RQFOXVLRQ
%LRORJLFDO5HVRXUFHV 8UEDQ LQILOO
QRSUHVHUYH
DFUH LQILOO
VWDQGDUG
DYRLGDQFH
QHVWLQJ ELUG
SUHFRQ VXUYH\
SHU
%LRORJLFDOPHPRLQUHFRUG
1R QHZ
VLJQLILFDQW HIIHFW
ZLWK VWDQGDUG
PHDVXUHV
*HRORJ\6RLOV
*URXQGZDWHU
*HQHUDO
FRPSOLDQFH
6XEWHUUDQHDQ JDUDJH
JHRWHFKDQG:403VKRZ
VKDOORZ JURXQGZDWHU
FRQVWUDLQWV ĺ QR
LQILOWUDWLRQ
IRXQGDWLRQVUHWDLQLQJ
GHVLJQHGDFFRUGLQJO\
0RGHUQ JHRWHFK
PLWLJDWLRQV !
QR
VHYHULW\
LQFUHDVH
$HVWKHWLFV9LVXDO*ODUH &RDVWDOYLHZ
VHQVLWLYLW\
0DVVLQJ VWHSV
SDUWLDO
WKLUG VWRU\
VKLHOGHG
OLJKWLQJ
RQVLWHSXEOLFYLHZ
DPHQLWLHV
:LWK VKLHOGLQJ
DQG GHVLJQ
FRQWUROVQRQHZ
JODUH
VLPLODUOHVV
YLVXDO LQWHQVLW\
WKDQ
UHWDLO
DQG WLPHVKDUH
SURJUDP
/DQG8VH=RQLQJ 08
YLVLWRU
VHUYLQJ
DOORZHG
08$&%&=
KRWHO
DOORZHG ZLWK &83
DIIRUGDEOH URRPV
IRU
ORZFRVW YLVLWRUVHUYLQJ
DQG UHVWDXUDQW DQG FDIp
XVHV
&RQVLVWHQW ZLWK
*3=RQLQJ
VXSSRUWV
&RDVWDOSROLFLHV
76 +DQVRQ+RWHO 3DJH
3XEOLF6HUYLFHV8WLOLWLHV 6WDQGDUG
XUEDQ
VHUYLFHV
1R XQXVXDO GHPDQG
EH\RQG VPDOO KRWHO
:403 2 0 HQVXUHV
%03IXQFWLRQDOLW\
1R QHZ
VLJQLILFDQW
VHUYLFHLPSDFWV
7KH&LW\SUHYLRXVO\DGRSWHGWKH
01'IRU7UDFWZKLFKIRXQGQRLPSDFWVWR
XWLOLWLHVVHUYLFHV\VWHPVELRORJLFDOUHVRXUFHVRUFXOWXUDOUHVRXUFHVIRUWKLVXUEDQLQILOOVLWH %HFDXVH&(4$¶VFKHFNOLVWKDVVLQFHEHHQXSGDWHG
DGGLQJ HQHUJ\ZLOGILUHDQGWULEDO
FXOWXUDO UHVRXUFHV
VWDIISUHSDUHGDIRFXVHGFURVVZDON LQWKHWDEOHVDERYH WRFRQILUP WKDW WKH
FRQFOXVLRQV²WRJHWKHU ZLWK WKH FXUUHQW SURMHFW¶V GHVLJQ DQG FRPSOLDQFH PHDVXUHV
HJ :403 DQG RSHUDWLRQ DQG PDLQWHQDQFH 7LWOH HQHUJ\ VWDQGDUGV FXOWXUDO UHYLHZ VWDQGDUG ELRORJLFDO DYRLGDQFH
²FRQWLQXH WR GHPRQVWUDWH QR QHZ
VLJQLILFDQW HIIHFWV DQG QR VXEVWDQWLDO LQFUHDVH LQ VHYHULW\ XQGHU 7KH DQDO\VLV EHORZVXPPDUL]HVWKHVHWRSLFV
8WLOLWLHV6HUYLFH6\VWHPV%LRORJLFDO5HVRXUFHV&XOWXUDO 7ULEDO&XOWXUDO5HVRXUFHV(QHUJ\DQG:LOGILUH
DQGGRFXPHQWVWKDWUHOLDQFHRQWKH
01'ZLWKDQ$GGHQGXP
UHPDLQVDSSURSULDWH
2WKHU&(4$7RSLFV
Tribal Resources
7KH SURSHUW\ LV ZLWKLQ WKH &LW\¶V &XOWXUDO +HULWDJH RYHUOD\ DQG LV VXEMHFW WR &XOWXUDO +HULWDJH3HUPLW UHYLHZ
VWDIIILQGVWKHSURMHFWZLOOQRWKDYHQHJDWLYH YLVXDORUSK\VLFDO HIIHFWVRQWKHKLVWRULFUHVRXUFH7KHUHLVQRHYLGHQFHRIDKLVWRULFDOUHVRXUFHWKDWZRXOG EHVXEVWDQWLDOO\DGYHUVHO\FKDQJHGDQGQRLGHQWLILHGWULEDOFXOWXUDOUHVRXUFHV Energy
&RQVLVWHQW ZLWK WKH
01'¶V ³QR XWLOLWLHV LPSDFW´ FRQFOXVLRQ IRU WKLV LQILOO VLWH WKH FXUUHQWERXWLTXHKRWHOZLOOEHFRQVWUXFWHGXQGHUPRGHUQ7LWOHHQHUJ\FRGHVKDVQR SURFHVVHPLVVLRQVDQGIHDWXUHVUHGXFHGUHWDLOLQWHQVLW\UHODWLYHWRWKHSULRUSURJUDP7KH SURMHFW¶VHQHUJ\IRRWSULQWLVVPDOODQGW\SLFDOIRUDQXUEDQKRWHO QRHYLGHQFHLQGLFDWHV
ZDVWHIXOLQHIILFLHQWRUXQQHFHVVDU\HQHUJ\XVH
Wildfire
&RQVLVWHQWZLWKWKH
01'¶VXUEDQQRQKDELWDWVHWWLQJWKHVLWHLVZLWKLQDGHYHORSHG FRDVWDOFRUULGRUDQGQRWZLWKLQD9HU\+LJK)LUH+D]DUG6HYHULW\=RQHRUZLOGODQG±XUEDQ LQWHUIDFH 7KH EXLOGLQJ ZLOO EH IXOO\ VSULQNOHUHG LPSURYLQJ OLIHVDIHW\ UHODWLYH WR ROGHU SURMHFW 1R ZLOGILUHUHODWHG ULVNV RU FRQIOLFWV ZLWK HPHUJHQF\ HYDFXDWLRQ SODQV DUH LQGLFDWHGIRUWKLVLQILOOORFDWLRQ
)RU WULEDO UHVRXUFHV HQHUJ\ DQG ZLOGILUH WKH UHFRUG GHPRQVWUDWHV QR QHZ VLJQLILFDQW HIIHFWVDQGQRVXEVWDQWLDOLQFUHDVHLQWKHVHYHULW\RIHIIHFWVUHODWLYHWRWKH
01'
7KHVH WRSLFV GR QRW WULJJHU VXEVHTXHQW UHYLHZ XQGHU &(4$ *XLGHOLQHV DQG UHOLDQFHRQWKH
01'UHPDLQVDSSURSULDWH DVWKHSURMHFWUHSUHVHQWVDUHGXFWLRQLQ 77 +DQVRQ+RWHO 3DJH
LQWHQVLW\RIWKHSUHYLRXVO\DSSURYHGSURMHFWVDQGWKHFRUUHVSRQGLQJ01' IXUWKHUPRUH
WKHSURMHFWTXDOLILHVIRUWKH&ODVV&(4$H[HPSWLRQ
&$/,)251,$ &2$67$/ &200,66,21 5(9,(:
,I DSSURYHG E\ WKH &LW\ WKH SURMHFW UHTXLUHV D &RDVWDO 'HYHORSPHQW 3HUPLW IURP WKH &DOLIRUQLD&RDVWDO&RPPLVVLRQ
$/7(51$7,9(6
7KH3ODQQLQJ&RPPLVVLRQPD\WDNHDQ\RIWKHIROORZLQJDFWLRQV
$SSURYHWKHDSSOLFDWLRQZLWKVWDII¶VUHFRPPHQGHGFRQGLWLRQVRIDSSURYDO 0RGLI\WKHFRQGLWLRQVRIDSSURYDOWRHIIHFWGHVLUHGFKDQJHVSULRUWRDSSURYDO &RQWLQXHWKHKHDULQJWRREWDLQDGGLWLRQDOLQIRUPDWLRQIURPWKHDSSOLFDQWV 'HQ\WKHDSSOLFDWLRQ,IWKH&RPPLVVLRQZLVKHVWRSXUVXHWKLVRSWLRQWKHKHDULQJ ZLOOQHHGWREHFRQWLQXHGWRDOORZWKHDSSURSULDWHUHVROXWLRQWREHSUHSDUHG 7KHVH DFWLRQV PD\ EH DSSHDOHG WR WKH &LW\ &RXQFLO ZLWKLQ WHQ GD\V RI WKH GHFLVLRQ SXUVXDQWWR6DQ&OHPHQWH0XQLFLSDO&RGH RUEHFDOOHGXSE\WKH&LW\&RXQFLO IRUUHYLHZDQGDFWLRQ
5(&200(1'$7,21
6WDIIUHFRPPHQGVWKDWWKH3ODQQLQJ&RPPLVVLRQ
'HWHUPLQHWKHSURMHFWLVFDWHJRULFDOO\H[HPSWIURPWKHUHTXLUHPHQWVRIWKH&(4$ SXUVXDQW WR &(4$ *XLGHOLQHV 6HFWLRQ
&ODVV
,Q)LOO 'HYHORSPHQW
3URMHFWV
DQGWKDWQRH[FHSWLRQVWRWKHH[HPSWLRQVDSSO\
DQG
6XEVHTXHQW&(4$UHYLHZLVQRWUHTXLUHGSXUVXDQWWR&(4$*XLGHOLQHV6HFWLRQ EHFDXVH WKHUH LV QR QHZ LQIRUPDWLRQ RU FKDQJHV WR WKH SURMHFW RU LWV FLUFXPVWDQFHVFUHDWLQJQHZRUPRUHVHYHUHLPSDFWVWKDWZHUHQRWDQDO\]HGLQWKH SULRU0LWLJDWHG1HJDWLYH'HFODUDWLRQSHUIRUPHGIRUWKLVVLWH $GRSW5HVROXWLRQ3&DSSURYLQJ3XEOLF+HDULQJ3URMHFW+DQVRQ +RWHOVXEMHFWWRDWWDFKHGFRQGLWLRQVRIDSSURYDO
Attachments:
5HVROXWLRQ1R3&
([KLELW$&RQGLWLRQVRI$SSURYDO
78 +DQVRQ+RWHO 3DJH
/RFDWLRQ0DS
6LWH3KRWRJUDSKV
1RUWK%HDFK+LVWRULF'LVWULFW5HSRUW
$UFKLWHFWXUDO3URMHFW'HVFULSWLRQ
'56&0LQXWHVDQG6WDII5HSRUWGDWHG'HFHPEHU '56&0LQXWHVDQG6WDII5HSRUWGDWHG$SULO
$SSOLFDQW5HVSRQVHWR'56&&RPPHQWV
&RDVWDO/833ROLFLHV&RQVLVWHQF\7DEOH
*HQHUDO3ODQ3ROLFLHV&RQVLVWHQF\7DEOH
=RQLQJ2UGLQDQFH&RQVLVWHQF\7DEOH
'HVLJQ*XLGHOLQHV&RQVLVWHQF\7DEOH
%LRORJLFDO$VVHVVPHQW
$PSOLILHG6RXQG$GPLQLVWUDWLYH3ROLF\
$FRXVWLFV6WXG\
7UDIILF6WXG\
)HDVLELOLW\6WXG\
3URMHFW&RPSDULVRQWR
$SSURYDO
3URMHFW0DWHULDOV6DPSOH
&RQFHSWXDO3URMHFW3ODQV
3XEOLF&RPPHQWV
79 5HVROXWLRQ1R3&
4919-4736-7775 v1
5(62/87,21123&
$ 5(62/87,21 2) 7+( 3/$11,1* &200,66,21 2)
7+(&,7<2)6$1&/(0(17(&$/,)251,$$33529,1*
'(9(/230(173(50,7$1'&21',7,21$/86(
3(50,7
+$1621 +27(/ 72 &216758&7 $
7+5((6725<5220+27(/:,7+$7+,5')/225
522)7235(67$85$17$1'%$57:2&$)(6322/
:,7+ $ %$5 $1' 5(67$85$17 7:2 /(9(/
68%7(55$1($1 3$5.,1* 6758&785( 6,7(
,03529(0(176 287'225 5(67$85$17 6($7,1*
)8// 5$1*( $/&2+2/ 6(59,&( $1' $03/,),('
086,&/2&$7('21$9$&$17/27$71257+(/
&$0,12 5($/ $1' ),1',1* 7+( 352-(&7
&$7(*25,&$//< (;(037 )520 &$/,)251,$
(19,5210(17$/48$/,7<$&7
&(4$
38568$1772
67$7( &(4$ *8,'(/,1(6 6(&7,21
&/$66
,1),// '(9(/230(17 352-(&76
$1' 7+$7
68%6(48(17(19,5210(17$/5(9,(:81'(5&(4$
,61275(48,5('38568$177238%/,&5(6285&(6
&2'($1'&(4$*8,'(/,1(66(&7,21
:+(5($6 RQ 6HSWHPEHU DQ DSSOLFDWLRQ ZDV VXEPLWWHG E\ 5DFKHO 1DVUH 3HSSHUWUHH %HQG 6DQ -XDQ &DSLVWUDQR &$ IRU 3XEOLF +HDULQJ
3URMHFW
3+3
DQGGHHPHGFRPSOHWHRQ0DUFKZKLFKLVDUHTXHVWIRU 3ODQQLQJ &RPPLVVLRQ WR FRQVLGHU D 'HYHORSPHQW 3HUPLW '3
IRU WKH
GHYHORSPHQWRIDWKUHHVWRU\URRPKRWHOZLWKDWKLUGIORRUURRIWRSUHVWDXUDQWDQGEDU WZRFDIHVSRROZLWKDEDUDQGUHVWDXUDQWDQGDWZROHYHOVXEWHUUDQHDQSDUNLQJVWUXFWXUH ZLWK VLWH LPSURYHPHQWV LQFOXGLQJ ZDOOV KDUGVFDSH ODQGVFDSLQJ SHGHVWULDQ LPSURYHPHQWV DQG LPSURYHPHQWV LQ WKH &LW\ ULJKWRIZD\ $ &RQGLWLRQDO 8VH 3HUPLW
&83
LV UHTXHVWHG IRUWKH KRWHO XVH RXWGRRU VHDWLQJ IRU WKH UHVWDXUDQWV DQG FDIHVDPSOLILHGPXVLFIXOO UDQJHDOFRKROVHUYLFH
7\SH/LFHQVH
RQD YDFDQWORWDW
1(O&DPLQR5HDO7KHSURMHFWVLWHLVZLWKLQWKH1RUWK%HDFK0L[HG8VH 08
]RQLQJGLVWULFWZLWKLQWKH&HQWUDO%XVLQHVV
&%
$UFKLWHFWXUDO
$
2YHUOD\DQG&RDVWDO
=RQH
08&%$&=
7KHVLWH¶VOHJDOGHVFULSWLRQLV7UDFWORW$VVHVVRU¶V3DUFHO 1XPEHU
DQG
:+(5($6 WKH 3ODQQLQJ 'LYLVLRQ KDV FRPSOHWHG DQ LQLWLDO HQYLURQPHQWDO DVVHVVPHQWRIWKHDERYHPDWWHULQDFFRUGDQFHZLWKWKH&DOLIRUQLD(QYLURQPHQWDO4XDOLW\ $FW
&(4$
DQGUHFRPPHQGVWKDWWKH3ODQQLQJ&RPPLVVLRQGHWHUPLQHWKDWWKHSURMHFW LVFDWHJRULFDOO\H[HPSWIURP&(4$SXUVXDQWWR6WDWH&(4$*XLGHOLQHV6HFWLRQ
&ODVV
,Q)LOO 'HYHORSPHQW 3URMHFWV
7KLV LV UHFRPPHQGHG EHFDXVH WKH SURMHFW
LQYROYHVWKHGHYHORSPHQWRIDURRPKRWHOUHVWDXUDQWFDIHVDQGVXEWHUUDQHDQSDUNLQJ RQDQXQGHUILYHDFUHORWLQDVXEVWDQWLDOO\XUEDQL]HGDUHDQRWXVHGIRUVSHFLHVKDELWDW
WKHSURMHFWLVFRQVLVWHQWZLWKWKH&LW\¶V*HQHUDO3ODQDQG=RQLQJ2UGLQDQFH WKHQRLVH
VWXG\YHULILHVWKDWWKHDPSOLILHGPXVLFZLOOQRWVLJQLILFDQWO\LPSDFWQHDUE\XVHV DQGWKHUH
ZLOOEHQRRWKHULPSDFWVWRWUDIILFDLUTXDOLW\RUZDWHUTXDOLW\ DQG
80 5HVROXWLRQ1R3& 3DJH
([KLELW$
:+(5($6RQ-XO\WKH&LW\
V'HYHORSPHQW0DQDJHPHQW7HDP
'07
UHYLHZHGWKHSURSRVHGSURMHFWDQGGHWHUPLQHGLWFRPSOLHVZLWKWKH*HQHUDO3ODQ=RQLQJ 2UGLQDQFHDQGRWKHUDSSOLFDEOH&LW\RUGLQDQFHVDQGFRGHV DQG
:+(5($6 RQ 'HFHPEHU DQG $SULO
WKH 'HVLJQ 5HYLHZ
6XEFRPPLWWHH
'56&
FRQVLGHUHGWKHSURMHFWDQGVXSSRUWHGLWDVSURSRVHG
DQG
:+(5($6 RQ $XJXVW WKH 3ODQQLQJ &RPPLVVLRQ RI WKH &LW\ RI 6DQ &OHPHQWHKHOGDGXO\QRWLFHGSXEOLFKHDULQJRQWKHVXEMHFWDSSOLFDWLRQFRQVLGHUHGZULWWHQ DQGRUDOFRPPHQWVDQGIDFWVDQGHYLGHQFHSUHVHQWHGE\WKHDSSOLFDQW&LW\VWDIIDQG RWKHULQWHUHVWHGSDUWLHV
12:7+(5()25(WKH3ODQQLQJ&RPPLVVLRQRIWKH&LW\RI6DQ&OHPHQWHGRHV KHUHE\ILQGGHWHUPLQHDQGUHVROYHDVIROORZV
6HFWLRQ ,QFRUSRUDWLRQRI5HFLWDOV
7KH3ODQQLQJ&RPPLVVLRQKHUHE\ILQGVWKDWDOORIWKHIDFWVLQWKH5HFLWDOVDUHWUXH DQGFRUUHFWDQGDUHLQFRUSRUDWHGDQGDGRSWHGDVILQGLQJVRIWKH3ODQQLQJ&RPPLVVLRQDV IXOO\VHWIRUWKLQWKLVUHVROXWLRQ
6HFWLRQ &(4$)LQGLQJV
%DVHG XSRQ LWV UHYLHZ RI WKH HQWLUH UHFRUG LQFOXGLQJ WKH 6WDII 5HSRUW SXEOLF FRPPHQWVRUWHVWLPRQ\SUHVHQWHGWRWKH3ODQQLQJ&RPPLVVLRQDQGWKHIDFWV RXWOLQHG EHORZWKH3ODQQLQJ&RPPLVVLRQKHUHE\ILQGVDQGGHWHUPLQHVWKDWWKHSURSRVHGSURMHFW LV FDWHJRULFDOO\ H[HPSWIURP &DOLIRUQLD(QYLURQPHQWDO4XDOLW\$FW &(4$
SXUVXDQWWR
6WDWH&(4$*XLGHOLQHV6HFWLRQ
&ODVV
,Q)LOO'HYHORSPHQW3URMHFWV
7KHSURMHFWTXDOLILHVIRUD&DWHJRULFDO([HPSWLRQXQGHU&(4$*XLGHOLQHV6HFWLRQ &ODVV ,QILOO 'HYHORSPHQW 3URMHFWV 7KH SURMHFW LV FRQVLVWHQW ZLWK WKH DSSOLFDEOH *HQHUDO 3ODQ GHVLJQDWLRQ SROLFLHV DQG ZLWK DSSOLFDEOH ]RQLQJ GHVLJQDWLRQV DQG UHJXODWLRQV7KHVLWHLVGHVLJQDWHG'RZQWRZQ0L[HG8VH 08
LQWKH*HQHUDO3ODQ
DQG ]RQHG 08&%$&=
1RUWK %HDFK 0L[HG8VH &HQWUDO %XVLQHVV 'LVWULFW $UFKLWHFWXUDO 2YHUOD\ &RDVWDO =RQH
7KH SURMHFW FRPSOLHV ZLWK DOO DSSOLFDEOH
GHYHORSPHQWVWDQGDUGVLQFOXGLQJKHLJKWPDVVLQJVHWEDFNVODQGVFDSLQJDQGSDUNLQJ ,W VXSSRUWV *HQHUDO 3ODQ 3ROLF\ /8
,QILOO 'HYHORSPHQW
ZKLFK HQFRXUDJHV
GHYHORSPHQW FRPSDWLEOH ZLWK FRDVWDORULHQWHG FRPPXQLW\VHUYLQJ FRPPHUFLDO XVHV LQFOXGLQJRYHUQLJKWDFFRPPRGDWLRQVDQGSXEOLFUHFUHDWLRQ7KHSURMHFWDOVRVXSSRUWVWKH JRDOVRIWKH 1RUWK%HDFK)RFXV$UHD E\ FRQWULEXWLQJWR D YLEUDQW SHGHVWULDQRULHQWHG HQYLURQPHQWZLWKDFWLYHVWUHHWIURQWDJHVDQGYLVLWRUVHUYLQJDPHQLWLHV 7KHSURMHFWFRPSOLHVZLWKWKH&LW\¶V&RDVWDO/DQG8VH3ODQ /83
LQFOXGLQJ3ROLF\9,6
ZKLFKUHTXLUHVSURWHFWLRQDQGHQKDQFHPHQWRIVFHQLFUHVRXUFHV7KHSURMHFWGHVLJQ LQFOXGHVDVWHSSHGPDVVLQJDSSURDFKEHJLQQLQJDWRQHVWRU\DORQJ$YHQLGD3LFRDQG ULVLQJ WR WKUHH VWRULHV IXUWKHU LQWR WKH VLWH PDLQWDLQLQJ WKH RFHDQ YLHZ FRUULGRU DQG 81 5HVROXWLRQ1R3& 3DJH
([KLELW$
UHGXFLQJ EXON QHDUWKH VFHQLF URDGZD\7KLV DSSURDFKPDLQWDLQVYLVXDO FRQWLQXLW\DQG HQKDQFHVFRDVWDOFKDUDFWHUDVUHTXLUHGE\WKH/83
7KHSURMHFWVLWHLVORFDWHGZLWKLQWKH&LW\OLPLWVRI6DQ&OHPHQWHRQDSDUFHOOHVVWKDQ ILYH DFUHV LQ VL]H
DFUHV
DQG LV VXEVWDQWLDOO\ VXUURXQGHG E\ H[LVWLQJ XUEDQ GHYHORSPHQWLQFOXGLQJFRPPHUFLDOXVHVWRWKHHDVWZHVWDQGVRXWKDQGDQLPSURYHG GUDLQDJHFKDQQHOWRWKHQRUWK$OWKRXJKWKH3LFR3DUN6HD6XPPLW7UDLODQGRSHQVSDFH DUHJHQHUDOO\QRUWKRIWKHSURMHFWVLWHWKHSURMHFWVLWHLWVHOILVVXEVWDQWLDOO\VXUURXQGHGE\ XUEDQ XVHV LQFOXGLQJD FDUZDVKD FRQYHQLHQFH VWRUHD VXUI VKRSDQ DXWR OXEULFDQW IDFLOLW\DQGDFDVLQR
$ %LRORJLFDO $VVHVVPHQW ZDV SUHSDUHG DQG FRQILUPHG WKDW WKH SURMHFW VLWH GRHV QRW FRQWDLQKDELWDWYDOXHIRUHQGDQJHUHGUDUHRUWKUHDWHQHGVSHFLHV1RVHQVLWLYHELRORJLFDO UHVRXUFHVZLOOEHDIIHFWHGE\WKHSURSRVHGGHYHORSPHQW 7KHVLWHKDVWKHDYDLODELOLW\RIDOOUHTXLUHGXWLOLWLHVDQGSXEOLFVHUYLFHV$:LOOVHUYHOHWWHU ZDVLVVXHGE\&5 5
VROLGZDVWHVHUYLFHV
7KHVLWHLVORFDWHGDGMDFHQWWRVHUYLFHVIRU
6DQ'LHJR*DV (OHFWULF
JDVDQGHOHFWULFLW\
ZDWHUDQGVHZHU7KHVLWHZLOODOVRKDYH
DYDLODEOHVDIHW\DQGHPHUJHQF\UHVSRQVHUHVRXUFHVDYDLODEOHIURPWKH&RXQW\¶VSROLFH DQGILUHGHSDUWPHQWV
)LQDOO\WKHSURMHFWPXVWQRWUHVXOWLQVLJQLILFDQWHIIHFWVUHODWHGWRWUDIILFQRLVHDLUTXDOLW\ RUZDWHUTXDOLW\DQGWKHUHPXVWEHQRXQXVXDOFLUFXPVWDQFHVFUHDWLQJWKHSRWHQWLDOIRU VLJQLILFDQWHQYLURQPHQWDOHIIHFWV$WUDIILFDQDO\VLVSUHSDUHGIRUWKHSURMHFWDQGUHYLHZHG E\WKH&LW\¶VWUDIILFHQJLQHHUFRQFOXGHVWKDWLWZLOOQRWUHVXOWLQVLJQLILFDQWWUDIILFLPSDFWVRU QHFHVVLWDWH LPSURYHPHQWV $ DFRXVWLF VWXG\ FRQGXFWHG E\ 9HQHNODVHQ $VVRFLDWHV GHWHUPLQHGWKDWQRLVHJHQHUDWHGE\WKHURRIWRSUHVWDXUDQWSRRODUHDDQGDPSOLILHGPXVLF ZLOOUHPDLQZLWKLQWKHOLPLWVVHWIRUWKLQWKH&LW\¶V1RLVH2UGLQDQFHDQGQRWDGYHUVHO\DIIHFW VXUURXQGLQJ SURSHUWLHV 7KH SURMHFW LQFOXGHV DQ DSSURYHG:DWHU4XDOLW\0DQDJHPHQW 3ODQ
:403
DQGLVFRQGLWLRQHGWRDYRLGDGYHUVHLPSDFWVWRDLUDQGZDWHUTXDOLW\1R XQXVXDO FLUFXPVWDQFHV KDYH EHHQ LGHQWLILHG WKDW ZRXOG JLYH ULVH WR VLJQLILFDQW HQYLURQPHQWDOHIIHFWV
7KHVXEMHFWSURSHUW\KDVEHHQSUHYLRXVO\HYDOXDWHGWKURXJKDFHUWLILHG0LWLJDWHG1HJDWLYH 'HFODUDWLRQ
6WDWH &OHDULQJKRXVH 1R
IRU D ODUJHU PRUH LQWHQVLYH
GHYHORSPHQW ZKLFK SURSRVHG D
VTXDUHIRRW ILYHVWRU\ PL[HGXVH SURMHFW
DSSURYHG LQ
E\ ERWK WKH &LW\ DQG WKH &DOLIRUQLD &RDVWDO &RPPLVVLRQ 7KDW GHYHORSPHQW LQFOXGHG WLPHVKDUH XQLWV DQG
VTXDUH IHHW RI FRPPHUFLDO UHWDLO
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
([KLELW$
HQYLURQPHQWDOGRFXPHQWDWLRQ%DVHGRQWKHZKROHRIWKHUHFRUGWKHSURSRVHG+DQVRQ +RWHOLVVPDOOHUDQGOHVVLQWHQVLYHLQNH\UHVSHFWVWKDQWKHSUHYLRXVO\DSSURYHGSURMHFW
LQFOXGLQJ UHGXFHGQRQSDUNLQJIORRUDUHDDQGVXEVWDQWLDOO\OHVV UHWDLO ZLWKDOOSDUNLQJ
LQWHUQDOL]HG LQ D WZROHYHO VXEWHUUDQHDQ JDUDJH 7KH FXUUHQW WHFKQLFDO VWXGLHV
WUDQVSRUWDWLRQ QRLVH K\GURORJ\ZDWHU TXDOLW\ JHRWHFKQLFDOLQILOWUDWLRQ ELRORJLFDO DQG UHODWHG PDWHULDOV
GHPRQVWUDWH QR QHZ VLJQLILFDQW HQYLURQPHQWDO HIIHFWV DQG QR VXEVWDQWLDOLQFUHDVHLQWKHVHYHULW\RIHIIHFWVSUHYLRXVO\DQDO\]HGLQWKH
01'
LQ
SDUWLFXODUSHDNKRXUWUDIILFLVORZHUSURSHUW\OLQHQRLVHFRPSOLHVZLWK&LW\VWDQGDUGVDQG PRGHUQ:403ELRWUHDWPHQWUHGXFHVZDWHUTXDOLW\LPSDFWVZLWKYLVXDOHIIHFWVWKDWDUH FRPSDUDEOHWRRUOHVVWKDQWKHSULRUSURMHFW7KH3ODQQLQJ&RPPLVVLRQWKHUHIRUHILQGV WKDWVWDIIKDVDQDO\]HGDOOHQYLURQPHQWDOLPSDFWWRSLFVLGHQWLILHGLQWKH
01'DQG
FRQFOXGHGWKHFXUUHQWSURMHFWZLOOQRW UHVXOWLQQHZRUPRUHVHYHUHLPSDFWV7KHUHIRUH WKHSULRU0LWLJDWHG1HJDWLYH'HFODUDWLRQDGHTXDWHO\DGGUHVVHVSRWHQWLDOHQYLURQPHQWDO HIIHFWV RI GHYHORSPHQW DW WKLV VLWH DQG WKH FXUUHQW SURMHFW GRHV QRW UHTXLUH IXUWKHU HQYLURQPHQWDOUHYLHZ
%DVHGRQWKHMXVWLILFDWLRQDERYHWKH3ODQQLQJ&RPPLVVLRQKHUHE\GHWHUPLQHVWKDWWKH SURSRVHGSURMHFWTXDOLILHVIRUD&DWHJRULFDO([HPSWLRQXQGHU&(4$*XLGHOLQHV6HFWLRQ DQGWKDWSXUVXDQWWR&(4$*XLGHOLQHV6HFWLRQWKHSULRUHQYLURQPHQWDO DQDO\VLVSUHSDUHGXQGHU6WDWH&OHDULQJKRXVH1R
UHPDLQVYDOLGDQGVXIILFLHQW
1RIXUWKHUHQYLURQPHQWDOGRFXPHQWDWLRQLVUHTXLUHG
6HFWLRQ'HYHORSPHQW3HUPLW)LQGLQJV
WRDOORZQHZQRQUHVLGHQWLDO
EXLOGLQJVLQWKH$UFKLWHFWXUDO2YHUOD\'LVWULFW
:LWKUHVSHFWWR'HYHORSPHQW3HUPLW
'3
WKH3ODQQLQJ&RPPLVVLRQILQGV
DVIROORZV
$ 7KHSURSRVHGSURMHFWLVFRQVLVWHQWZLWKWKH*HQHUDO3ODQLQWKDW
7KH+DQVRQ+RWHOSURMHFWDOLJQVZLWKWKH&LW\
VREMHFWLYHWRSURPRWHFRDVWDO
WRXULVP DQG YLVLWRUVHUYLQJ GHYHORSPHQW /83 3ROLF\ /8 9LVLWRU
6HUYLQJ 'HYHORSPHQW
VWDWHV
³(QFRXUDJH DQG SULRULWL]H YLVLWRUVHUYLQJ
FRPPHUFLDO DQGRU UHFUHDWLRQ XVHV RYHU SULYDWH UHVLGHQWLDO RU JHQHUDO FRPPHUFLDOGHYHORSPHQWLQWKH9LVLWRU6HUYLQJ&RPPHUFLDO'LVWULFW 96&'
2YHUOD\´7KHSURMHFWSURSRVHVKRWHO URRPVWZR FDIpVDQGD URRIWRS UHVWDXUDQW DOO YLVLWRUVHUYLQJ XVHV PDNLQJ SURGXFWLYH XVH RI D YDFDQW FRDVWDOSDUFHODQGHQKDQFLQJWKHYLWDOLW\RIWKH1RUWK%HDFKHQWHUWDLQPHQW DQGUHFUHDWLRQ'LVWULFW
DQG
7KH SURMHFW¶V DUFKLWHFWXUDO GHVLJQ UHIOHFWV 6DQ &OHPHQWH¶V KLVWRULF FKDUDFWHU *HQHUDO 3ODQ 3ROLF\ 8'
6SDQLVK &RORQLDO 5HYLYDO
$UFKLWHFWXUH
VWDWHV
³5HTXLUH DOO QHZ GHYHORSPHQW LQ WKH $UFKLWHFWXUDO 2YHUOD\ 'LVWULFW WR UHIOHFW WKH &LW\¶V 6SDQLVK &RORQLDO 5HYLYDO GHVLJQ VWDQGDUGV DQG JXLGHOLQHV´ 7KH SURMHFW PHHWV WKLV GLUHFWLYH WKURXJK WUDGLWLRQDOGHVLJQIHDWXUHVLQFOXGLQJUHGWLOHURRIVDUFKHGZLQGRZVVPRRWK ZKLWH VWXFFR ZDOOV GHFRUDWLYH LURQZRUN DQG WLHUHG PDVVLQJ 7KHVH HOHPHQWVHQVXUHWKHEXLOGLQJUHVSHFWVDQGUHLQIRUFHVWKH&LW\¶VDUFKLWHFWXUDO 83 5HVROXWLRQ1R3& 3DJH
([KLELW$
LGHQWLW\DQGYLVXDOKHULWDJH
DQG
7KH SURMHFW VXSSRUWV 6DQ &OHPHQWH¶V FRDVWDO HFRQRP\ WKURXJK TXDOLW\ KRVSLWDOLW\ DQG GLQLQJ VHUYLFHV *HQHUDO 3ODQ 3ROLF\ (' 9LVLWRU
6HUYLQJ&RPPHUFLDO8VHV
VWDWHV
³3URPRWHGHYHORSPHQWRIYLVLWRUVHUYLQJ
FRPPHUFLDO XVHV VXFK DV KRWHOV UHVWDXUDQWV DQG UHWDLO SDUWLFXODUO\ LQ FRDVWDO DQG JDWHZD\ DUHDVWR HQKDQFHWKH &LW\
V WRXULVP HFRQRP\´%\
LQWURGXFLQJDERXWLTXHKRWHODQGPXOWLSOHGLQLQJYHQXHVWKHSURMHFWSURYLGHV VLJQLILFDQW HFRQRPLF EHQHILWV ZKLOH LPSURYLQJ WKH YLVLWRU H[SHULHQFH DQG SXEOLFUHDOPDWD&LW\JDWHZD\
DQG
7KHSURMHFWGHPRQVWUDWHVLQWHJUDWLRQZLWKDGMDFHQWXVHV /833ROLF\/8
/DQG 8VH &RPSDWLELOLW\
VWDWHV
³(QVXUH QHZ GHYHORSPHQW LV
FRPSDWLEOHZLWKDGMDFHQWGHYHORSPHQWLQXVHVFDOHDQGGHVLJQHVSHFLDOO\ LQ WKH &RDVWDO =RQH´ 7KH +DQVRQ +RWHO LQFRUSRUDWHV IRXUVLGHG DUFKLWHFWXUH DQG VWHSSHG PDVVLQJ WR WUDQVLWLRQ DSSURSULDWHO\ WRZDUG VXUURXQGLQJVWUXFWXUHVUHVSHFWLQJWKH1RUWK%HDFK+LVWRULF'LVWULFWFRQWH[W DQGDGMDFHQWYLHZFRUULGRUVZKLOHHQKDQFLQJWKHSHGHVWULDQHQYLURQPHQW
DQG
3UHVHUYDWLRQRI VFHQLFRFHDQ YLHZVLVDGHILQLQJHOHPHQWRIWKHSURMHFW¶V GHVLJQ /83 3ROLF\ 9,6
9LVXDO &KDUDFWHU DQG $HVWKHWLF 5HVRXUFHV
3UHVHUYDWLRQ
SURYLGHV
³1HZGHYHORSPHQW VKDOOEHGHVLJQHGWRSUHVHUYH
WKH YLVXDO FKDUDFWHU DQG DHVWKHWLF UHVRXUFHV RI WKH &LW\¶V FRDVWDO ]RQH LQFOXGLQJ SUHVHUYDWLRQ RI WKH SK\VLFDO IHDWXUHV RI FRDVWDO EOXIIV DQG FDQ\RQV DQG ZKHUH IHDVLEOH HQKDQFH DQG UHVWRUH VFHQLF DQG YLVXDO TXDOLWLHVRIWKHFRDVWDO]RQHLQFOXGLQJWRDQGDORQJWKHRFHDQDQGFRDVWDO EOXIIV YLVXDOO\ VLJQLILFDQW ULGJHOLQHV DQG FRDVWDO FDQ\RQV RSHQ VSDFHV SURPLQHQWPDWXUHWUHHVRQSXEOLFODQGVDQGGHVLJQDWHGVLJQLILFDQWSXEOLF YLHZV
DVLGHQWLILHGRQ)LJXUH6FHQLF*DWHZD\VDQG&RUULGRUV)LJXUH $ 3XEOLF 9LHZ &RUULGRUV DQG )LJXUH % 3XEOLF 9LHZ &RUULGRUV
:KHUHSURWHFWLRQRIYLVXDOFKDUDFWHUDQGDHVWKHWLFUHVRXUFHVLVQRWIHDVLEOH LPSDFWV VKRXOGEHPLWLJDWHG´7KH SURMHFW UHGXFHVEXLOGLQJ KHLJKWWR RQH VWRU\ DORQJ $YHQLGD 3LFR DQG LQFOXGHV ODQGVFDSHG WHUUDFHV DQG RSHQ JDUGHQVSDFHVWKDWPDLQWDLQDQGIUDPHRFHDQYLHZVIURPSXEOLFYDQWDJH SRLQWVFRQVLVWHQWZLWKPDSSHGVFHQLFUHVRXUFHSURWHFWLRQV DQG
7KHSURMHFWHQVXUHV FRPSDWLELOLW\ZLWKQHDUE\KLVWRULF UHVRXUFHV*HQHUDO 3ODQ 3ROLF\ +3
&RQWH[WXDO &RPSDWLELOLW\
VWDWHV
³(QVXUH WKDW
GHYHORSPHQW DGMDFHQWWR RU YLVLEOHIURP GHVLJQDWHG KLVWRULF VWUXFWXUHV RU GLVWULFWV LV FRPSDWLEOH LQ VFDOH PDWHULDOV DQG GHVLJQ´ 7KH SURMHFW¶V DUFKLWHFWXUDO HOHPHQWV LQFOXGLQJ WXUUHW IHDWXUHV DQG DUWLFXODWHG IDFDGHV FRPSOLPHQWV WKH 1RUWK %HDFK +LVWRULF 'LVWULFW¶V IRUP DQG GHWDLOLQJ ,W PDLQWDLQV VFHQLF YLHZ FRUULGRUV DQGPDVVLQJWUDQVLWLRQVWKDW UHVSHFWWKH LQWHJULW\RIVXUURXQGLQJKLVWRULFUHVRXUFHVLQFOXGLQJWKH&DVLQRDQG0LUDPDU 7KHDWHU
DQG
3XEOLFDFFHVVLVHQKDQFHGWKURXJKWKHSURMHFW¶VSHGHVWULDQRULHQWHGOD\RXW 84 5HVROXWLRQ1R3& 3DJH
([KLELW$
DQGDIIRUGDEOHRYHUQLJKWDFFRPPRGDWLRQV/833ROLF\&,5& 3XEOLF
$FFHVVDQG&LUFXODWLRQ
VWDWHV
³3URYLGHDQGHQKDQFHSHGHVWULDQELF\FOH
DQG WUDQVLW DFFHVV WR DQG ZLWKLQ WKH &RDVWDO =RQH´ 7KH SURMHFW LV VLWHG ZLWKLQZDONDEOHGLVWDQFHWR1RUWK%HDFKWKH0HWUROLQNWUDLQVWDWLRQWKH6DQ &OHPHQWH&RDVWDO7UDLOWKH1RUWK%HDFK7UROOH\VWRSDQGH[LVWLQJYLVLWRU VHUYLQJEXVLQHVVHV,WDOVRSURYLGHVDIIRUGDEOHRYHUQLJKWDFFRPPRGDWLRQV ZLGHQHG VLGHZDONV SXEOLFO\ DFFHVVLEOHWHUUDFHV DQG JDUGHQV DQG YLVXDO DFFHVVWRFRDVWDODPHQLWLHV
DQG
7KHSURMHFWVXSSRUWV*HQHUDO3ODQ/8*RDOZKLFKVWDWHV (QFRXUDJH
GHYHORSPHQW WKDW SURPRWHV FRDVWDO DQG SHGHVWULDQ DFFHVV VXSSRUWV WRXULVPDQGWKHORFDOHFRQRP\DQGSUHVHUYHVFRPPXQLW\FKDUDFWHU,WDOVR FRPSOLHV ZLWK /83 3ROLF\ /8
(QFRXUDJH GHYHORSPHQW RI RYHUQLJKW
DFFRPPRGDWLRQV LQ DSSURSULDWH ORFDWLRQV LQFOXGLQJ QHZ ORZ DQG PRGHUDWHFRVW IDFLOLWLHV WR PD[LPL]H SXEOLF DFFHVV WR WKH FRDVW 7KH SURSRVHGURRPKRWHOZLWKSHUFHQWDIIRUGDEOHXQLWVIXOILOOVWKHVHJRDOV E\ SURYLGLQJ DFFHVVLEOH ORGJLQJ LQ D KLJKDPHQLW\ SHGHVWULDQRULHQWHG FRDVWDOGLVWULFW$GGLWLRQDOO\WKHSURMHFWDGGUHVVHVHTXLW\LQFRDVWDODFFHVV /83 3ROLF\ /8
/RZHU&RVW 9LVLWRU $FFRPPRGDWLRQV
VWDWHV
³(QFRXUDJH WKH GHYHORSPHQW DQG UHWHQWLRQ RI ORZHUFRVW RYHUQLJKW DFFRPPRGDWLRQVLQWKH&RDVWDO=RQH´7KHKRWHOVHWVDVLGHSHUFHQW
URRPV
RI LWV URRPV IRU DIIRUGDEOH ORGJLQJ VXSSRUWLQJ VWDWH DQG ORFDO PDQGDWHVIRULQFOXVLYHFRDVWDOWRXULVP
DQG
7KH+DQVRQ+RWHOIXOILOOV*HQHUDO3ODQJRDOVDQGSROLFLHVE\LQWURGXFLQJD KLJKTXDOLW\ YLVLWRUVHUYLQJ KRWHO ZLWKLQ WKH 1RUWK %HDFK )RFXV $UHD 6SHFLILFDOO\ /8 *RDO HQFRXUDJHV FRDVWDO DQG SHGHVWULDQ DFFHVV WRXULVP VXSSRUW DQG FRPPXQLW\ FKDUDFWHU SUHVHUYDWLRQ /8 VWDWHV ³6XSSRUW ORGJLQJ XVHV LQ DUHDV WKDW RIIHU DFFHVV WR WUDQVLW FRDVWDO DPHQLWLHV DQG YLVLWRUVHUYLQJ DWWUDFWLRQV´ /8 VWDWHV ³(QFRXUDJH GHYHORSPHQWWKDWLQFOXGHVJURXQGIORRUFRPPHUFLDOXVHVZLWKXSSHUVWRU\ UHVLGHQWLDORIILFHRUKRWHOXVHVLQPL[HGXVHDUHDVWRVXSSRUWDFWLYLW\DQG VWUHHWYLWDOLW\´7KHSURMHFWDOLJQVZLWKWKHVHREMHFWLYHVE\LQWURGXFLQJDKRWHO DQGUHVWDXUDQWVFDIHVDWDSURPLQHQWFRDVWDOJDWHZD\DQGWUDQVLWDGMDFHQW VLWH ,W FRQWULEXWHV WR WKH DUHD¶V HFRQRPLF YLWDOLW\ FRQWULEXWHV WR D KLJK TXDOLW\ SXEOLF UHDOP DQG UHIOHFWV6DQ &OHPHQWH¶V GLVWLQFWLYH DUFKLWHFWXUDO
FKDUDFWHU
DQG
7KHSURMHFWFRQVLVWVRI6SDQLVK&RORQLDO5HYLYDODUFKLWHFWXUHODQGVFDSLQJ DQG VLWH GHVLJQ LQ OLQH ZLWK WKH DUFKLWHFWXUDO VW\OH WKDW KLJKOLJKWV WKH FKDUDFWHURIWKH&LW\¶VHDUO\GHYHORSPHQWDVWKH ³6SDQLVK9LOODJHE\WKH 6HD´ ZKLFK LQFOXGHV WKH 1RUWK %HDFK DUHD %XLOGLQJ PDVV KDV EHHQ UHGXFHGE\VWHSSLQJWKHXSSHUIORRUVEDFNDZD\IURP$YHQLGD3LFRDQGWKH PDMRULW\RIWKHEXLOGLQJPDVVDORQJ1RUWK(O&DPLQR5HDOLVSXOOHGWRWKH EDFNRIWKHORW
QRUWKHQG
ZKLFKPDLQWDLQVDSHGHVWULDQVFDOHIURP$YHQLGD
3LFR FRQVLVWHQW ZLWK *HQHUDO 3ODQ 3ROLF\ /84XDOLW\ ZKLFK VWDWHV
³:H UHTXLUH WKDW QHZ GHYHORSPHQW SURWHFW FRPPXQLW\ FKDUDFWHU E\ SURYLGLQJDUFKLWHFWXUH ODQGVFDSLQJDQG XUEDQ GHVLJQ RI HTXDO RUJUHDWHU 85 5HVROXWLRQ1R3& 3DJH
([KLELW$
TXDOLW\WKDQVXUURXQGLQJGHYHORSPHQWDQGE\UHVSHFWLQJWKHDUFKLWHFWXUDO FKDUDFWHUDQGVFDOHRIDGMDFHQWEXLOGLQJV´
DQG
7KHSURMHFWLVGHVLJQHGDQGFRQGLWLRQHGWRUHGXFHLPSDFWVRQQHLJKERULQJ SURSHUWLHVE\LQFRUSRUDWLQJWKHIROORZLQJ
WKHUHTXLUHGWUDVKHQFORVXUHLV
SURSRVHGZLWKLQWKHVXEWHUUDQHDQSDUNLQJDUHDDQGDVFUHHQHGVWDJLQJDUHD IRUGD\RIVHUYLFHLVSURYLGHGDGMDFHQWWRWKHORDGLQJDUHDRIIRI1RUWK(O &DPLQR5HDOWRUHGXFHQHJDWLYHQRLVHDQGRGRULPSDFWVDQGDYRLGWUDIILF LPSDFWV GXULQJ WUDVK VHUYLFH
DOO UHTXLUHG SDUNLQJ IRU WKH KRWHO
UHVWDXUDQWVDQGFDIHVDUHSURYLGHGRQVLWH
DQG
WKHSURMHFWLVFRQGLWLRQHG
WRUHTXLUHDOOH[WHULRUDPSOLILHGQRLVHWRWHUPLQDWHDW SP$GGLWLRQDOO\
WKH SURMHFWPXVW FRPSO\ZLWKWKH&LW\¶V1RLVH2UGLQDQFH FRQVLVWHQW ZLWK *HQHUDO 3ODQ 3ROLF\ /81HLJKERUKRRG &RPSDWLELOLW\ ZKLFK VWDWHV ³:HUHTXLUHWKDWFRPPHUFLDOSURMHFWVDEXWWLQJUHVLGHQWLDOQHLJKERUKRRGVEH GHVLJQHGDQGRSHUDWHGWRSURWHFWUHVLGHQWVIURPWKHHIIHFWVRIQRLVHOLJKW RGRUVYLEUDWLRQWUDIILFSDUNLQJDQGRWKHURSHUDWLRQDOLPSDFWV´ DQG
7KH SURMHFW FRQVLVWV RI YLVLWRUVHUYLQJ XVHV VXFK DV D KRWHO DQG SXEOLF UHVWDXUDQW GHVLJQHG WR RIIHU YLVLWRUV RSSRUWXQLWLHV IRU HQMR\PHQW RI WKH 1RUWK%HDFK+LVWRULF'LVWULFWDQGRWKHUQHDUE\FRDVWDOUHVRXUFHVVXFKDV WKHRFHDQDQG&RDVWDO7UDLOFRQVLVWHQWZLWK*HQHUDO3ODQ3ROLF\/8 ,QILOO 'HYHORSPHQW ZKLFK VWDWHV ³:H DFFRPPRGDWH GHYHORSPHQW WKDW LV FRPSDWLEOHZLWKFRDVWDORULHQWHGDQGFRPPXQLW\VHUYLQJFRPPHUFLDOXVHV
LQFOXGLQJ RYHUQLJKW DFFRPPRGDWLRQV
PL[HG UHVLGHQWLDO DQG FRPPHUFLDO
XVHVUHVLGHQWLDOXVHVDQGSXEOLFUHFUHDWLRQDOXVHVZKRVHIXQFWLRQRUVFDOH DUHFRPSDWLEOHZLWKWKHDUHD¶VUHFUHDWLRQDOFKDUDFWHU´ DQG
7KH SURMHFW LQFOXGHV QRLVH UHJXODWLRQ PHDVXUHV FRQVLVWHQW ZLWK &LW\ VWDQGDUGV*HQHUDO3ODQ3ROLF\1
/DQG8VH&RPSDWLELOLW\DQG1RLVH
VWDWHV
³0LQLPL]HWKHLPSDFWRIQRLVHRQVXUURXQGLQJODQGXVHVE\HQVXULQJ QHZ GHYHORSPHQW FRPSOLHV ZLWK HVWDEOLVKHG QRLVH OLPLWV DQG RSHUDWLRQDO UHVWULFWLRQV´5RRIWRSDPSOLILHGPXVLFZLOOEHDPELHQWLQQDWXUHZLWKYROXPH FRQWUROVOLPLWHGKRXUV
HQGLQJE\
SP
DQGHQIRUFHPHQWSURYLVLRQV
LQFOXGHG LQ SURMHFW FRQGLWLRQV 7KHVH PHDVXUHV HQVXUH WKH KRWHO¶V RSHUDWLRQVUHPDLQFRPSDWLEOHZLWKDGMDFHQWSURSHUWLHVDQGSXEOLFVSDFHV
DQG
7KHSURMHFWZDVUHYLHZHGE\WKH'HVLJQ5HYLHZ6XEFRPPLWWHH '56&
RQ
WZRRFFDVLRQV7KHUHYLHZRIWKHSURMHFWE\WKH'56&UHVXOWHGLQHQKDQFHG DUFKLWHFWXUDOGHVLJQWRHQVXUHFRQVLVWHQF\ZLWKGHVLJQUHTXLUHPHQWVRIWKH $UFKLWHFWXUDO2YHUOD\DGMDFHQW+LVWRULF'LVWULFWDQGWRPDLQWDLQVFHQLFYLHZ FRUULGRUV DQG KLVWRULF UHVRXUFHV FRQVLVWHQW ZLWK *HQHUDO 3ODQ3ROLF\ & 'HYHORSPHQW5HYLHZZKLFKVWDWHV³:HUHYLHZDQGUHTXLUHFKDQJHV WR GHYHORSPHQW SURSRVDOV DV QHHGHG WR PLQLPL]H REVWUXFWLRQV RI GHVLJQDWHG VLJQLILFDQWSXEOLF YLHZVDQGGHVLJQDWHG VFHQLFYLHZFRUULGRUV DQGWRHQVXUHSXEOLFDQGSULYDWHGHYHORSPHQWSURMHFWVLQWKH&RDVWDO=RQH DUHRIKLJKTXDOLW\PDWHULDOVDQGGHVLJQHGWREHDWWUDFWLYHDQGDHVWKHWLFDOO\ FRPSDWLEOH ZLWK DGMDFHQW VWUXFWXUHV VLWH LPSURYHPHQWV XWLOLWLHV DQG 86 5HVROXWLRQ1R3& 3DJH
([KLELW$
ODQGVFDSHIHDWXUHV DVIXUWKHU GHVFULEHG LQWKH 8UEDQ 'HVLJQ(OHPHQW´
DQG
7KH SURMHFW¶V SURSRVHG KRWHO DQG UHVWDXUDQW FRQWULEXWHWRWKH &HQWHQQLDO *HQHUDO3ODQ¶VYLVLRQWRFUHDWHDYLEUDQWSHGHVWULDQDWPRVSKHUHLQWKH1RUWK %HDFKDUHDWKDWGUDZVYLVLWRUV\HDUURXQGZLWKLWV6SDQLVK&RORQLDO5HYLYDO GHVLJQUHVWDXUDQWZLWKRXWGRRUVHDWLQJIXOOUDQJHDOFRKRODPSOLILHGPXVLF DQGDURRIWRSGHFN7KHSURMHFWLVFRQGLWLRQHGWRUHTXLUHDOOH[WHULRUQRLVH WRWHUPLQDWHDW
SPDQGZKHQDPSOLILHGPXVLFLVSOD\HGDIWHU
SP
ZLWKLQ WKH LQWHULRU RI WKH UHVWDXUDQW DOO ZLQGRZV DQG GRRUV PXVW UHPDLQ FORVHG $GGLWLRQDOO\ WKH SURMHFW PXVW FRPSO\ ZLWK WKH &LW\¶V 1RLVH 2UGLQDQFHFRQVLVWHQWZLWK*HQHUDO3ODQ3ROLF\('³1RUWK%HDFK:H UHTXLUH LQLWLDWLYHV LQYHVWPHQWV DQG GHYHORSPHQW DSSURYDOVIRUWKH 1RUWK %HDFKDUHDWRFRQWULEXWHWRRXUYLVLRQRIWKHDUHDDVDPXOWLPRGDOPL[HG XVH HQWHUWDLQPHQW DQG UHFUHDWLRQGLVWULFWWKDW HPSKDVL]HVWKH SHGHVWULDQ H[SHULHQFHDQGSUHVHUYHVDQGHQKDQFHVLWVNH\DVVHWV7KHVHDVVHWVDUH YLHZV RI WKH RFHDQ DFFHVV WR WKH EHDFK D ULFK LQYHQWRU\ RI KLVWRULF UHVRXUFHVDFFHVVWR UHFUHDWLRQDORSSRUWXQLWLHVDQGQXPHURXVVKRSVDQG VHUYLFHVIRUUHVLGHQWVDQGYLVLWRUVDOLNH´
DQG
7KH GHYHORSPHQW DOLJQV ZLWK *HQHUDO 3ODQ /8 ZKLFK HQFRXUDJHV D ³EDODQFHGPL[RIXVHVWKDWSURPRWHDQDFWLYHVWUHHWHQYLURQPHQW´DQG/8 ZKLFK VXSSRUWV ³JURXQG IORRU FRPPHUFLDO XVHV DQG XSSHUOHYHO UHVLGHQWLDO RU KRVSLWDOLW\ XVHV LQ PL[HGXVH ]RQHV´ 7KHVH FRPSRQHQWV FRQWULEXWH WR GD\WLPH DQG HYHQLQJ DFWLYLW\ UHLQIRUFLQJ WKH FRDVWDO YLVLWRU H[SHULHQFH
% 7KHSURSRVHGSURMHFWFRPSOLHVZLWK]RQLQJUHJXODWLRQVLQWKDW
7KHSURMHFWFRPSOLHVZLWK]RQLQJVWDQGDUGVIRUYLVLWRUVHUYLQJFRPPHUFLDO XVHV LQ WKH &RDVWDO DQG $UFKLWHFWXUDO 2YHUOD\ 'LVWULFWV 6DQ &OHPHQWH =RQLQJ &RGH 6HFWLRQ
3HUPLWWHG 8VHV LQ 0L[HG 8VH =RQLQJ
'LVWULFWV
DOORZVKRWHOV
FRQGLWLRQDOO\
UHVWDXUDQWVDQGFDIpVDVSHUPLWWHG
XVHVLQWKH08]RQHZKLFKHQFRPSDVVHVWKHSURMHFWVLWH7KHSURSRVHG URRP KRWHO ZLWK DVVRFLDWHG GLQLQJ HVWDEOLVKPHQWV VXSSRUWV WKH &LW\¶V LQWHQGHGODQGXVHDQGGHYHORSPHQWSDWWHUQZLWKLQWKLVFRDVWDOPL[HGXVH
FRUULGRU
DQG
'HVLJQ UHJXODWLRQV UHTXLUH DUFKLWHFWXUDO FRQIRUPLW\ ZLWK ORFDO FKDUDFWHU SDUWLFXODUO\ ZLWKLQ GHVLJQDWHG RYHUOD\V =RQLQJ &RGH 6HFWLRQ
$UFKLWHFWXUDO 2YHUOD\ 'LVWULFW 'HVLJQ 5HTXLUHPHQWV
PDQGDWHV WKDW DOO
GHYHORSPHQWLQWKH$UFKLWHFWXUDO2YHUOD\H[KLELWDXWKHQWLF6SDQLVK&RORQLDO 5HYLYDODUFKLWHFWXUH7KH SURMHFWPHHWVWKHVH UHTXLUHPHQWVZLWKIHDWXUHV VXFKDVUHGFOD\WLOHURRIVVWXFFRZDOOVDUFKHGHQWULHVGHFRUDWLYHLURQZRUN DQGWLHUHGPDVVLQJWRFRQWULEXWHWRFRKHVLYHFRPPXQLW\FKDUDFWHU DQG
7KHVTXDUHIRRWORWDOORZVIRUDGHQVLW\RIKRWHOURRPVZKHUHWKH SURMHFWLVSURSRVLQJURRPV
DQG
87 5HVROXWLRQ1R3& 3DJH
([KLELW$
7KH SURMHFW SURYLGHV WKH UHTXLUHG SDUNLQJ VSDFHV WKDW LQFOXGHV WKH KRWHO UHVWDXUDQWDQG FDIpXVHVZLWKWKHXVHRIWKH&LW\¶VRXWGRRU GLQLQJ FUHGLWV IRU WKH UHVWDXUDQWFDIp XVHV
WKHUHIRUH WKH SURMHFW FRPSOLHV ZLWK
SDUNLQJUHTXLUHPHQWV
DQG
7KHSURMHFW FRPSOLHVZLWKWKHPD[LPXPDOORZHGKHLJKWRI IHHWIRUWKH SODWHKHLJKWDQGIHHWWRWKHWRSRIWKHURRI7KH=RQLQJ&RGHDOORZVKHLJKW LQFUHDVHVRIXSWRWZRIHHWIRUFKLPQH\VSHU6HFWLRQ% DQG
7KHSURSRVHG VWUXFWXUH FRPSOLHVZLWKWKH ]HURIRRW VHWEDFNIRUWKHIURQW UHDUDQGVLGH\DUGV
DQG
7KHSURMHFWSURSRVHVD)$5RIZKHUHLVWKHPD[LPXP DQG
7KHSURMHFWSURSRVHVDORWFRYHUDJHRISHUFHQWZKHUHSHUFHQWLVWKH PD[LPXP
DQG
7KHSURMHFWFRPSOLHVZLWKWKH8UEDQ2SHQ6SDFHUHTXLUHPHQWE\SURYLGLQJ PRUHWKDQ SHUFHQWRI8UEDQ2SHQ6SDFH DUHDRQWKHJURXQG OHYHOWR DGKHUHWRWKHSHUFHQWDUHDUHTXLUHPHQW
DQG
6&0& UHJXODWH H[WHULRU QRLVH $Q DFRXVWLFDO DQDO\VLV E\ 9HQHNODVHQFRQILUPHGWKDWVRXQGOHYHOVIURPWKHURRIWRSDQGSRROORXQJH DUHFRPSOLDQWZLWKUHVLGHQWLDODQGFRPPHUFLDOQRLVHWKUHVKROGVSDUWLFXODUO\ ZLWKRSHUDWLRQVHQGLQJE\
SP
DQG
$OFRKRO VHUYLFH LV SHUPLWWHG WKURXJK &RQGLWLRQDO 8VH 3HUPLW SHU 6&0& 7KH URRIWRS EDU DQG UHVWDXUDQW DUH FRQGLWLRQHG WR RSHUDWH ZLWKLQ&LW\VWDQGDUGVIRUQRLVHKRXUVDQGSXEOLFVDIHW\$PSOLILHGPXVLFLV SURSRVHGIRUPRRGVHWWLQJIRUWKHSRRODUHDDQGURRIWRSUHVWDXUDQWWRDYRLG GLVWXUEDQFHVHQVXULQJWKHXVHUHPDLQVFRPSDWLEOHZLWKQHDUE\ODQGXVHV &7KHSURSRVHGSURMHFWLVFRQVLVWHQWZLWKWKH&LW\
V'HVLJQ*XLGHOLQHVLQWKDW
'HVLJQ*XLGHOLQHV6HFWLRQ,,%
$UFKLWHFWXUDO6W\OH
*XLGHOLQH%VSHFLILHV
WKDW ³SURMHFWV LQ WKH $UFKLWHFWXUDO 2YHUOD\ 'LVWULFW PXVW GHPRQVWUDWH FRQVLVWHQF\ZLWKWKH6SDQLVK&RORQLDO5HYLYDOVW\OHLQPDVVLQJPDWHULDOV DQGGHWDLOV´7KHGHVLJQRIWKHSURMHFWIHDWXUHVFKDUDFWHULVWLFHOHPHQWVVXFK DVZKLWHVWXFFRZDOOVUHGFOD\WLOHURRILQJZURXJKWLURQDFFHQWVDQGDUFKHG RSHQLQJV DOO RI ZKLFK DUH HPEOHPDWLF RI WKH 2OH +DQVRQ DHVWKHWLF DQG FRQVLVWHQWZLWKWKH2YHUOD\'LVWULFW¶VLQWHQW
DQG
7KHSURMHFWKDVDVWHSSHGGHVLJQWKDWUDQJHVIURPRQHWRWKUHHVWRULHVZLWK DUWLFXODWLRQ WKDW EUHDNV XS WKH VWUXFWXUH¶V PDVV WKURXJK WKH YDULHG DUFKLWHFWXUDO HOHPHQWV VXFK DV GLIIHUHQW URRI VW\OHV D FKLPQH\ YHUWLFDOO\ RULHQWHGZLQGRZVDQGGRRUVEDOFRQLHVSDWLRVZURXJKWLURQIHDWXUHVDQG RXWGRRU OLJKW IL[WXUHV 6XUURXQGLQJ ODQGVFDSLQJ DOVR IXUWKHU UHGXFHV 88 5HVROXWLRQ1R3& 3DJH
([KLELW$
DSSDUHQWPDVVFRQVLVWHQWZLWK'HVLJQ*XLGHOLQH6HFWLRQ,,&
E
5HGXFH
WKHSHUFHLYHGKHLJKWDQGEXONRI ODUJH VWUXFWXUHV E\GLYLGLQJWKHEXLOGLQJ PDVVLQWRVPDOOHUFRPSRQHQWV´
DQG
7KHSURMHFWGHPRQVWUDWHVFRQVLVWHQF\ZLWKDUFKLWHFWXUDOJXLGHOLQHVRXWOLQHG LQWKH+HQU\/HQQ\'HVLJQ*XLGHOLQHVUHODWHGWREXWQRWOLPLWHGWRVFDOH DQGPDVVURRILQJZDOOVDUFKLWHFWXUDODFFHVVRULHVOLJKWLQJDQGODQGVFDSH
DQG
'HVLJQ*XLGHOLQHV6HFWLRQ,,$
&RPPHUFLDO'HVLJQ
*XLGHOLQH$VWDWHV
WKDW³QHZGHYHORSPHQWVKRXOGEHGHVLJQHGWRSURPRWHSHGHVWULDQRULHQWHG PL[HGXVH DQG YLVLWRUVHUYLQJ RSSRUWXQLWLHV´ 7KH SURMHFW LQFOXGHV D URRP ERXWLTXH KRWHO JURXQGIORRU FDIp URRIWRS UHVWDXUDQW DQG ZDONXS ZLQGRZDOORIZKLFKDUHGHVLJQHGZLWKDSHGHVWULDQVFDOHDQGVWUHHWIDFLQJ DFWLYDWLRQ 7KHVH HOHPHQWV VXSSRUW WKH FLW\
V JRDO RI FUHDWLQJ YLEUDQW
FRPPHUFLDOHQYLURQPHQWVWKDWHQKDQFHWRXULVPDQGFRPPXQLW\LQWHUDFWLRQ
DQG
3HU 'HVLJQ *XLGHOLQH 6HFWLRQ ,,$ SURMHFWV VKRXOG ³VXSSRUW DQG VWUHQJWKHQWKHHFRQRPLFYLWDOLW\RIFRPPHUFLDODUHDVWKURXJKKLJKTXDOLW\ GHVLJQDQGSURJUDPPLQJ´7KHSURMHFWPHHWVWKLVREMHFWLYHE\LQWHJUDWLQJ YLVLWRUVHUYLQJ XVHV ZLWK DUFKLWHFWXUDO DSSHDO DQG SXEOLF DPHQLWLHV HQKDQFLQJWKHHFRQRPLFGUDZRIWKH1RUWK%HDFKGLVWULFWDQGIRVWHULQJMRE FUHDWLRQDQGORFDOVSHQGLQJIURPERWKWRXULVWVDQGUHVLGHQWV DQG
'HVLJQ*XLGHOLQH,,$HQFRXUDJHV³FRDVWDOFRPSDWLEOHGHYHORSPHQWWKDW VXSSRUWV YLVLWRUDFFHVV YLHZV DQG VHUYLFHVZLWKRXWGHJUDGLQJQDWXUDORU KLVWRULFUHVRXUFHV´7KHSURMHFWSURYLGHVDPL[RIXVHVWKDWFDWHUWRFRDVWDO YLVLWRUVLQWHJUDWHVWUDQVLWDFFHVVDQGHQVXUHVDUFKLWHFWXUDODQGODQGXVH FRPSDWLELOLW\ZLWKLWVSURPLQHQWJDWHZD\DQGFRDVWDOORFDWLRQ DQG
'HVLJQ *XLGHOLQH 6HFWLRQ ,,'
6LWH 3ODQQLQJ
*XLGHOLQH ' VWDWHV WKDW
³GHYHORSPHQW VKRXOG SUHVHUYH H[LVWLQJ SXEOLF FRDVWDO YLHZV SDUWLFXODUO\ IURPVFHQLFFRUULGRUV´,QFRPSOLDQFHWKHSURMHFWVWHSVGRZQLWVPDVVLQJ DORQJ $YHQLGD 3LFR LQWURGXFHV WUDQVSDUHQW DUFKLWHFWXUDO HOHPHQWV DQG LQFOXGHV WHUUDFHV WR PDLQWDLQ DQG HYHQ HQKDQFH YLHZV IURP GHVLJQDWHG SXEOLFYDQWDJHSRLQWV
DQG
'HVLJQ*XLGHOLQH6HFWLRQ,,(
&XOWXUDODQG+LVWRULF5HVRXUFHV
*XLGHOLQH
(PDQGDWHVWKDW ³QHZGHYHORSPHQWPXVWEH VHQVLWLYHO\LQWHJUDWHGZLWK QHDUE\ KLVWRULF VWUXFWXUHV´ 7KH SURMHFW UHVSRQGV ZLWK PDVVLQJ DQG PDWHULDOVLQVSLUHGE\WKHORFDOKLVWRULFFRQWH[WUHLQIRUFLQJWKH1RUWK%HDFK +LVWRULFLGHQWLW\
DQG
'HVLJQ *XLGHOLQH ,,' GHYHORSPHQW VKRXOG ³HQKDQFH DQG QRW REVWUXFW SHGHVWULDQ DFFHVVWRWKH FRDVW´7KH SURMHFW LQFOXGHV SXEOLFO\DFFHVVLEOH JDUGHQVZDONZD\VDQGVHDWLQJDUHDVDORQJ$YHQLGD3LFRDQG(O&DPLQR 5HDO ,WV SUR[LPLW\ WR PXOWLPRGDO WUDQVLW DQG SHGHVWULDQ WUDLOV IXUWKHU 89 5HVROXWLRQ1R3& 3DJH
([KLELW$
VXSSRUWVVHDPOHVVFRDVWDODFFHVVLQDFFRUGDQFHZLWKWKHFLW\ VFLUFXODWLRQ
DQGRSHQVSDFHSULQFLSOHV
DQG
'HVLJQ*XLGHOLQH,,$HPSKDVL]HVWKHLPSRUWDQFHRI³DGLYHUVLW\RIORGJLQJ RSSRUWXQLWLHVWRVHUYHDZLGHUDQJHRIYLVLWRUV´7KHSURMHFWH[FHHGVW\SLFDO RIIHULQJV E\ SURYLGLQJ DIIRUGDEOH KRWHO URRPV SHUFHQW
IXOILOOLQJ
&DOLIRUQLD &RDVWDO &RPPLVVLRQ DQG &LW\ SROLF\ JRDOV DQG HQVXULQJ HFRQRPLFLQFOXVLYLW\LQFRDVWDODFFRPPRGDWLRQV
DQG
'HVLJQ*XLGHOLQH,,$VSHFLILHVWKDWFRPPHUFLDOXVHVPXVWEH³GHVLJQHG WRPLQLPL]H QRLVH LPSDFWV RQ DGMDFHQW SURSHUWLHV´ 7KH DFRXVWLFDO UHSRUW FRQILUPV WKDW QRLVH OHYHOV IURP URRIWRS DQG SRRO XVHV UHPDLQ ZLWKLQ DFFHSWDEOHWKUHVKROGVVHWE\WKH&LW\SDUWLFXODUO\GXULQJQLJKWWLPHKRXUV $UFKLWHFWXUDOPHDVXUHVVXFKDVVFUHHQLQJDQGOLPLWHGKRXUVIRUDPSOLILHG PXVLFHQVXUHFRPSOLDQFHDQGQHLJKERUKRRGFRPSDWLELOLW\ '7KHSURSRVHGGHYHORSPHQWZLOOQRWEHGHWULPHQWDOWRWKHSXEOLFKHDOWKVDIHW\RU ZHOIDUHRUPDWHULDOO\LQMXULRXVWRSURSHUWLHVDQGLPSURYHPHQWVLQWKH YLFLQLW\LQ WKDW
7KH SURMHFW LV SURSRVHG HQWLUHO\ ZLWKLQ WKH SURSHUW\ DQG WKH SURMHFW¶V FRPPHUFLDO FRPSRQHQWV FRPSO\ ZLWK 6DQ &OHPHQWH =RQLQJ 2UGLQDQFH
&
ZKLFKUHTXLUHVWKDWQHZQRQUHVLGHQWLDOGHYHORSPHQWQRW DGYHUVHO\LPSDFWQHLJKERULQJXVHV7KHKRWHOFDIpDQGURRIWRSUHVWDXUDQW DUH GHVLJQHG ZLWK VXIILFLHQW VHWEDFNV D GHGLFDWHG ORDGLQJ ]RQH DQG D VXEWHUUDQHDQ SDUNLQJ IDFLOLW\ ZLWK VWDOOV PLQLPL]LQJ YHKLFXODU DQG SHGHVWULDQFRQIOLFWVDQGVXSSRUWVRUGHUO\GHYHORSPHQW
7KHSURMHFWLVQHDUKLVWRULF UHVRXUFHVDQGGRHVQRWDGYHUVHO\DIIHFWWKHLU FKDUDFWHU DV LW LQFRUSRUDWHV PDWHULDOV DQG DUFKLWHFWXUDO PRWLIV FRQVLVWHQW ZLWK WKH 2OH +DQVRQHUD WUDGLWLRQ DQG 1RUWK %HDFK +LVWRULF 'LVWULFW 7KH '56&FRQFOXGHGLQLWVUHYLHZRIWKHSURMHFWWKDWWKHEXLOGLQJZLOOHQKDQFH QRW KDUP WKH GLVWULFW¶V KLVWRULF IDEULF PDLQWDLQLQJ QHLJKERUKRRG LQWHJULW\ DQGKHULWDJHYDOXH
DQG
$OOUHTXLUHGSDUNLQJIRUWKHSURMHFWLVSURYLGHGRQVLWH DQG
7KHWUDVKDUHDLVIXOO\HQFORVHGDQGVHUYLFHGIURPWKHGHVLJQDWHGORDGLQJ DUHDRIIRI1RUWK(O&DPLQR5HDO
DQG
3XUVXDQW WR /83 9,6 DQG *HQHUDO 3ODQ 8UEDQ 'HVLJQ SROLFLHV GHYHORSPHQW DORQJ VFHQLF FRUULGRUV PXVW SUHVHUYH SXEOLF YLHZV ZKHUH IHDVLEOH 7KH EXLOGLQJ¶V VWHSSHGEDFN GHVLJQ DQG UHGXFHG KHLJKW DORQJ $YHQLGD 3LFR SURWHFW FULWLFDO RFHDQ YLVWDV DQG PLQLPL]H EXON LPSDFWV 6LPXODWLRQVFRQILUPWKDWWKHUHPDLQLQJYLVXDOLQWUXVLRQVDUHDGGUHVVHGE\ FUHDWLQJ YLHZ FRUULGRUV SXELF URRIWRS DFFHVV DQG WUDQVSDUHQW GHVLJQ HOHPHQWVWKXVSUHYHQWLQJKDUPWR VFHQLF UHVRXUFHVRUDGMDFHQWSURSHUW\ YDOXHV
DQG
90 5HVROXWLRQ1R3& 3DJH
([KLELW$
7KH SURMHFW LV FRQGLWLRQHG WR FRPSO\ ZLWK WKH %XLOGLQJ DQG )LUH FRGH WR HQVXUHWKHSURMHFWDGKHUHVWRDOORIWKHDSSOLFDEOHUHJXODWLRQV DQG
7KHSURMHFW¶VQRLVHVWXG\FRQILUPVWKHUHDUHQRQRLVHLPSDFWVWRDGMDFHQW XVHVZLWKWKHSURSRVHGRXWGRRUSRRODQGUHVWDXUDQWVDQGDPSOLILHGPXVLF DQGLVFRQGLWLRQHGWRUHTXLUHDOOH[WHULRUQRLVHDQGVHDWLQJIRUWKHRXWGRRU URRIUHVWDXUDQWDUHDZLOOWHUPLQDWHDW
SPDQGZKHQDPSOLILHGPXVLFLV
SOD\HGDIWHU
SPZLWKLQWKHLQWHULRURIWKHUHVWDXUDQWRQO\DOOZLQGRZV DQG GRRUVPXVW UHPDLQ FORVHG$GGLWLRQDOO\ WKH SURMHFW KDV FRQGLWLRQ RI DSSURYDOUHTXLULQJFRPSOLDQFHZLWKWKH&LW\¶V1RLVH2UGLQDQFH DQG
7KHSURMHFW¶VQRLVHVWXG\SUHSDUHGE\9HQHNODVHQ$VVRFLDWHV,QFFRQILUPV WKDWVRXQGIURPWKHURRIWRSDQGSRRODUHDVZLOOUHPDLQZLWKLQSHUPLVVLEOH OLPLWV ZLWK UHVWULFWLRQV RQ KRXUV WR SURWHFW UHVLGHQWLDO DQG FRPPHUFLDO QHLJKERUV 7KHVH RSHUDWLRQDO FRQGLWLRQV HQVXUH QRLVH ZLOO QRW KDYH D QHJDWLYHO\DIIHFWRQWKHKHDOWKRUWUDQTXLOLW\RIVXUURXQGLQJXVHV DQG
7KHSURSRVHGKRWHODQGUHVWDXUDQWXVHVRIWKHSURMHFWDUHFRPSDWLEOHZLWK WKH*HQHUDO3ODQDQG&RDVWDO/DQG8VH3ODQDVYLVLWRUVHUYLQJXVHV ( 7KH SURSRVHG SURMHFW LV LQ FKDUDFWHU DQG FRPSDWLEOH ZLWK WKH SURSHUWLHV LQ WKH QHLJKERUKRRGLQWKDW
=RQLQJ2UGLQDQFHXVHVLQWKH&HQWUDO%XVLQHVV2YHUOD\'LVWULFW PXVW ³JHQHUDWH SHGHVWULDQ DFWLYLW\ DSSURSULDWH LQ D SHGHVWULDQRULHQWHG VSDFH´7KHKRWHODQGLWVLQWHJUDWHGFDIpDQGURRIWRSUHVWDXUDQWDFWLYDWHWKH VWUHHWIURQWDJHDORQJ1RUWK(O&DPLQR5HDODQG$YHQLGD3LFRFRQWULEXWLQJ WRWKHSHGHVWULDQIRFXVHGFKDUDFWHURIWKH1RUWK%HDFKFRPPHUFLDODUHD 7KHVHXVHVFRQWULEXWHYLEUDQF\DQGDUHDSSURSULDWHO\VFDOHGWRFRPSOHPHQW WKHQHLJKERUKRRG¶VH[LVWLQJDQGHPHUJLQJPL[HGXVHGHYHORSPHQWV DQG
'HVLJQ*XLGHOLQH6HFWLRQ,,% DQGWKH =RQLQJ &RGH UHJXODWLRQVIRUWKH $UFKLWHFWXUDO 2YHUOD\ 'LVWULFW UHTXLUH GHYHORSPHQW WR EH FRPSDWLEOH ZLWK WUDGLWLRQDO 6SDQLVK &RORQLDO 5HYLYDO GHVLJQ 7KH SURMHFW LQFRUSRUDWHV VLJQDWXUH HOHPHQWV VXFK DV UHG FOD\ WLOHV VWXFFR ZDOOV ZURXJKW LURQ GHWDLOLQJ DQG DUFKHG IRUPV DOLJQLQJ ZLWK VXUURXQGLQJ VWUXFWXUHV DQG UHLQIRUFLQJWKHVW\OLVWLFFRQWLQXLW\RIWKH1RUWK%HDFK+LVWRULF'LVWULFW7KLV DUFKLWHFWXUDOFRQVLVWHQF\HQVXUHVFRPSDWLELOLW\ZLWKWKHDUHD VHVWDEOLVKHG
FKDUDFWHU
DQG
&RDVWDO (OHPHQW 3ROLF\ & UHTXLUHV FRDVWDODGMDFHQW SURMHFWV WR EH ³GHVLJQHGLQFRQWH[WZLWKWKHLUVXUURXQGLQJV´7KHSURMHFWLQWHJUDWHVSXEOLF SDWKZD\VQDWLYHODQGVFDSLQJDQGUHFUHDWLRQDOYLHZLQJVSDFHVDOORZLQJLW WRILW LQWRWKH VFHQLFDQG UHFUHDWLRQDO FRQWH[W RI LWV FRDVWDOVXUURXQGLQJV 7KHVHIHDWXUHVFRPELQHGZLWKWUDQVLWDFFHVVLELOLW\HQVXUHDGHYHORSPHQW WKDWFRPSOHPHQWVLWVFRDVWDOQHLJKERUKRRGVHWWLQJ
DQG
91 5HVROXWLRQ1R3& 3DJH
([KLELW$
3HU'HVLJQ*XLGHOLQHV,,(QHZFRQVWUXFWLRQQHDUKLVWRULFUHVRXUFHVPXVW ³UHVSHFW DQG UHIOHFW WKH KLVWRULF FKDUDFWHU RI WKH GLVWULFW´ 7KH KRWHO¶V WUDGLWLRQDOGHVLJQPDVVLQJDQGPDWHULDOVPLUURUWKRVHRIQHDUE\KLVWRULFDOO\ VLJQLILFDQWEXLOGLQJV7KHSURMHFW¶VFRPSDWLELOLW\LVIXUWKHUDIILUPHGE\'56& IHHGEDFNQRWLQJ LWV DSSURSULDWHQHVVIRUWKHKLVWRULF JDWHZD\ ORFDWLRQ DQG VXFFHVVIXOLQWHJUDWLRQZLWKDGMDFHQWFXOWXUDODVVHWV
DQG
7KHSURMHFWKDVDQRLVHVWXG\WKDWFRQILUPVWKHUHDUHQRQRLVHLPSDFWVWR DGMDFHQWXVHVZLWKWKHSURSRVHGRXWGRRUSRRODQGUHVWDXUDQWVDQGDPSOLILHG PXVLFDQG LV FRQGLWLRQHGWR UHTXLUH DOOH[WHULRU QRLVH DQG VHDWLQJIRUWKH RXWGRRUURRIUHVWDXUDQWDUHDZLOOWHUPLQDWHDW
SPDQGZKHQDPSOLILHG
PXVLF LV SOD\HG DIWHU
SP ZLWKLQ WKH LQWHULRU RI WKH UHVWDXUDQW DOO ZLQGRZV DQG GRRUV PXVW UHPDLQ FORVHG $GGLWLRQDOO\ WKH SURMHFW KDV FRQGLWLRQ RI DSSURYDO UHTXLULQJ FRPSOLDQFH ZLWK WKH &LW\¶V 1RLVH 2UGLQDQFH
DQG
7KH SURMHFWV XVHV LQFOXGLQJ UHVWDXUDQWV DQG FDIHV DUH FRQGLWLRQHG ZLWK QRLVHKRXUVDQGSDWURQFRQWUROVWKDWOLPLWWKHH[WHULRUKRXUVWR SP
ZKLFK UHIOHFW QHLJKERULQJ UHVWDXUDQW RSHUDWLRQV 7KH XVH VXSSRUWV WKH DUHD¶V LGHQWLW\ DV D OLYHO\ YLVLWRURULHQWHG GLVWULFW ZKLOH SUHVHUYLQJ FRPSDWLELOLW\ZLWKDGMDFHQWFRPPHUFLDODQGPL[HGXVHSURSHUWLHV ) 7KH SURSRVHG SURMHFW FRPSOLHV ZLWK WKH SXUSRVH DQG LQWHQW RI WKH $UFKLWHFWXUDO 2YHUOD\'LVWULFWLQWKDW
3HU6&0&
%
SURMHFWV ZLWKLQWKH$UFKLWHFWXUDO2YHUOD\PXVW
UHIOHFW WKH 6SDQLVK &RORQLDO 5HYLYDO
6&5
VW\OH FRQVLVWHQW ZLWK 6DQ
&OHPHQWH¶VKHULWDJH7KHSURMHFWIROORZVWKHEDVLFSULQFLSOHVRIWUDGLWLRQDO 6&5GHVLJQWKURXJKZKLWHVWXFFRZDOOVWHUUDFRWWDWLOHURRILQJZURXJKWLURQ UDLOLQJVDUFKHVDQGGHFRUDWLYHFKLPQH\V7KHVHVW\OLVWLFHOHPHQWVDOLJQWKH EXLOGLQJZLWKERWKKLVWRULFSUHFHGHQWDQGVXUURXQGLQJFRQWH[WIXOILOOLQJWKH 2YHUOD\¶VLQWHQWWRSUHVHUYHDQGUHLQIRUFHDUFKLWHFWXUDOLGHQWLW\ DQG
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¶V LQWHQWWR SUHVHUYHDQGFHOHEUDWH6DQ&OHPHQWH¶VFRDVWDOYLOODJHKHULWDJH *7KHSURSRVHGSURMHFWXVHSUHVHUYHVDQGVWUHQJWKHQVWKHSHGHVWULDQRULHQWDWLRQRI WKHGLVWULFWDQGRU6DQ&OHPHQWH
VKLVWRULFLGHQWLW\DVD6SDQLVKYLOODJHLQWKDW
92 5HVROXWLRQ1R3& 3DJH
([KLELW$
7KHSURSRVHGSURMHFWZLOOQRWKDYHQHJDWLYHYLVXDORUSK\VLFDOLPSDFWVXSRQ WKH KLVWRULF VWUXFWXUH *HQHUDO 3ODQ /8 HQFRXUDJHV YLVLWRUVHUYLQJ SHGHVWULDQVFDOHG GHYHORSPHQW LQ PL[HGXVH FRUULGRUV 7KH KRWHO LQFRUSRUDWHV VWUHHWIDFLQJ HQWULHV D ZDONXS FDIp ZLQGRZ DQG SXEOLFO\ DFFHVVLEOH JDUGHQV WKDW DFWLYDWH WKH (O &DPLQR 5HDO DQG $YHQLGD 3LFR IURQWDJHV 7KHVH GHVLJQ IHDWXUHV IRVWHU ZDONDELOLW\ DQG VWUHHW OLIH UHLQIRUFLQJ WKH 1RUWK %HDFK GLVWULFW¶V LGHQWLW\ DV D SHGHVWULDQRULHQWHG
GLVWULFW
DQG
3HU 'HVLJQ *XLGHOLQHV ,,% DQG WKH $UFKLWHFWXUDO 2YHUOD\ 'LVWULFW VWDQGDUGV QHZ EXLOGLQJV PXVW UHIOHFW 6DQ &OHPHQWH¶V 6SDQLVK &RORQLDO 5HYLYDOKHULWDJH7KHSURMHFW¶V6&5GHVLJQLQFOXGHVDUFKHGRSHQLQJVFOD\ URRIWLOHVDQGRUQDPHQWDOLURQZRUNHQKDQFLQJWKHVWUHHWVFDSHZLWKDVW\OH GHHSO\WLHGWRWKHFLW\¶VKLVWRULFLGHQWLW\7KLVDHVWKHWLFFRQWLQXLW\UHLQIRUFHV WKHYLVXDOQDUUDWLYHRI6DQ&OHPHQWHDVWKH6SDQLVK9LOODJHE\WKH6HD
DQG
7KH SURMHFW¶V FRDVWDOFRPSDWLEOH GHVLJQ LQWHJUDWHV SXEOLF YLHZ WHUUDFHV QDWLYH SODQWLQJV ZLGHQHG VLGHZDONV DFFHVVLEOH ODQGVFDSHG SDWKV DQG VHDWLQJ DUHDV WKDW HQKDQFH WKH FRDVWDO H[SHULHQFH IRU SHGHVWULDQV DQG VWUHQJWKHQ OLQNDJHVWRWKH EHDFK DQG QHDUE\WUDLO V\VWHPV7KHSURMHFW¶V PDVVLQJ DQG VFDOH PDLQWDLQ FRPSDWLELOLW\ ZLWK DGMDFHQW VWUXFWXUHV ZKLOH UHLQIRUFLQJDZDONDEOHFRQQHFWHGFRDVWDOVHWWLQJWKDWDOLJQVZLWKWKH&LW\¶V JRDOVIRUDFFHVVLEOHDQGHQJDJLQJSXEOLFVSDFHV
DQG
7KHLQFOXVLRQRIWZRFDIHVDWWKHVWUHHWOHYHORQHZLWKDZDONXSZLQGRZ DQG DQRWKHU ZLWKLQ WKH KRWHO OREE\ DFWLYDWHV WKH SXEOLF UHDOP DQG HQFRXUDJHVSHGHVWULDQWUDIILFDORQJ1RUWK(O&DPLQR5HDO DQG
7KH SURMHFW¶V VWUHHWOHYHO XVHV LQFOXGLQJ D OREE\ FDIp DQGZDONXS FDIH LQWURGXFHVXVHVWKDWDUHFRQVLVWHQWZLWKWKH1RUWK%HDFK+LVWRULF'LVWULFW¶V KLVWRULFFRPPHUFLDOIXQFWLRQZLWKRXWRYHUZKHOPLQJWKHVXUURXQGLQJKLVWRULF EXLOGLQJV,WVSODFHPHQWDFURVVWKHVWUHHWIURPWKH'LVWULFWDWWKHQRUWKHQG RIWKH1RUWK(O&DPLQR5HDODQG$YHQLGD3LFRLQWHUVHFWLRQDQGVHWEDFNV HQVXUHWKDWWKHVH QHZ XVHV HQKDQFH UDWKHUWKDQ GLVUXSWWKH SHGHVWULDQ VFDOHIDEULFRIWKHGLVWULFW
DQG
7KH SURSRVHG GHYHORSPHQW LV LQ OLQH ZLWK WKH 6SDQLVK &RORQLDO 5HYLYDO DUFKLWHFWXUDOVW\OHRIWKHQHDUE\1RUWK%HDFK+LVWRULF'LVWULFW+RZHYHULWLV SURSRVHGLQDPDQQHUWKDWGLIIHUVIURPWKHKLVWRULFUHVRXUFHVDQGGRHVQRW UHSOLFDWHWKHRULJLQDOEXLOGLQJVWKURXJKWKHDSSOLFDWLRQRIPRGHUQHOHPHQWV VXFKDVWKHURRIVWXFFRZLQGRZVGHFRUDWLYHWLOHVDQGZLQGRZDQGGRRU RSHQLQJV FRQVLVWHQW ZLWK 'HVLJQ *XLGHOLQH ,9( ZKLFK VWDWHV ³QHZ GHYHORSPHQWV ZKLFK DUH EXLOW RQ GHVLJQDWHG KLVWRULF VLWHV RUDGGLWLRQVWR ROGHUEXLOGLQJVRIVXEVWDQWLDOKLVWRULFFKDUDFWHUVKRXOGEHUHVSHFWIXORIWKH KLVWRULF EXLOGLQJ RU VLWH :KLOH QRW PLPLFNLQJ WKH ROGHU VWUXFWXUH WKH GHYHORSPHQW VKRXOG FRQVLGHU WKH FRPSDWLELOLW\ RI VL]H IRUP VFDOH 93 5HVROXWLRQ1R3& 3DJH
([KLELW$
PDWHULDOVGHWDLOVWH[WXUHVFRORUVDQGODQGVFDSHIHDWXUHV´ 6HFWLRQ&RQGLWLRQDO8VH3HUPLW)LQGLQJV
6&0&
WRDOORZDKRWHO
XVHUHVWDXUDQWDQGFDIpZLWKRXWGRRUGLQLQJDQGIXOOUDQJHDOFRKROVHUYLFHDQGDPSOLILHG PXVLF
:LWKUHVSHFWWR&RQGLWLRQDO8VH3HUPLW
&83
WKH3ODQQLQJ&RPPLVVLRQ
ILQGVDVIROORZV
$ 7KHSURSRVHGXVHLVSHUPLWWHGZLWKLQWKHVXEMHFW]RQHSXUVXDQWWRWKHDSSURYDORI D &RQGLWLRQDO 8VH 3HUPLW DQG DV FRQGLWLRQHG FRPSOLHV ZLWK DOO DSSOLFDEOH SURYLVLRQVRIWKLVWLWOHWKH6DQ&OHPHQWH*HQHUDO3ODQDQGWKHSXUSRVHDQGLQWHQW RIWKH]RQHLQZKLFKWKHXVHLVEHLQJSURSRVHGLQWKDW
7KH SURSRVHG KRWHO DQG UHVWDXUDQW XVH ZLWK RXWGRRU VHDWLQJ ZLWK WKH VHUYLFHRIIXOODOFRKRODQGDPSOLILHGPXVLFLVFRQVLVWHQWZLWKWKH&LW\¶V1RUWK %HDFK 'LVWULFW LV FRQVLVWHQW ZLWK *HQHUDO 3ODQ 3ROLF\ ('³1RUWK
%HDFK:HUHTXLUHLQLWLDWLYHVLQYHVWPHQWVDQGGHYHORSPHQWDSSURYDOVIRU WKH1RUWK%HDFKDUHDWRFRQWULEXWHWRRXUYLVLRQRIWKHDUHDDVDPXOWLPRGDO PL[HGXVH HQWHUWDLQPHQW DQG UHFUHDWLRQ GLVWULFW WKDW HPSKDVL]HV WKH SHGHVWULDQH[SHULHQFHDQGSUHVHUYHVDQGHQKDQFHVLWVNH\DVVHWV7KHVH DVVHWV DUH YLHZV RI WKH RFHDQ DFFHVV WR WKH EHDFK D ULFK LQYHQWRU\ RI KLVWRULF UHVRXUFHV DFFHVV WR UHFUHDWLRQDO RSSRUWXQLWLHV DQG QXPHURXV VKRSVDQGVHUYLFHVIRUUHVLGHQWVDQGYLVLWRUVDOLNH´
DQG
7KH KRWHO DQG UHVWDXUDQW XVHV SURSRVHG DUH SULRULWL]HG LQ WKLV DUHD WR FRQWULEXWHWRWKHYLWDOLW\RI1RUWK%HDFKDQGFUHDWHYLVLWRUVHUYLFHXVHVDQG DPHQLWLHVLQWKHDUHD
DQG
7KH RXWGRRU GLQLQJ DORQJ 1RUWK (O &DPLQR 5HDO DQG DW WKH URRIWRS UHVWDXUDQW ZLOO HQJDJH WKH XVH ZLWK WKH VWUHHW DQG FUHDWH DQ HQKDQFHG SHGHVWULDQ H[SHULHQFH FRQVLVWHQW ZLWK *HQHUDO 3ODQ /83 3ROLF\ /8
(QFRXUDJHFRPPHUFLDOXVHVWKDWHQKDQFHWKHYLVLWRUH[SHULHQFHLQFOXGLQJ GLQLQJDQGEHYHUDJHVHUYLFHLQSHGHVWULDQIULHQGO\DUHDV DQG
7KHSURMHFWLQFRUSRUDWHVWUDGLWLRQDO6SDQLVK&RORQLDO5HYLYDOGHVLJQ7KH SURMHFWLQFRUSRUDWHVVLJQDWXUHHOHPHQWVVXFKDVUHGFOD\WLOHVVWXFFRZDOOV ZURXJKW LURQ GHWDLOLQJ DQG DUFKHG IRUPV DOLJQLQJ ZLWK VXUURXQGLQJ VWUXFWXUHVDQGUHLQIRUFLQJWKHVW\OLVWLFFRQWLQXLW\RIWKH1RUWK%HDFK+LVWRULF 'LVWULFW7KLVDUFKLWHFWXUDOFRKHUHQFHHQVXUHVFRPSDWLELOLW\ZLWKWKHDUHD V
HVWDEOLVKHGFKDUDFWHU
DQG
*HQHUDO3ODQ3ROLF\('HQFRXUDJHVGHYHORSPHQWWKDW³FRPSOHPHQWV H[LVWLQJ EXVLQHVVHV DQG VXSSRUWV DUHD UHYLWDOL]DWLRQ´ 7KH SURMHFW FRQWULEXWHVWRWKHHFRQRPLFDFWLYLW\RIWKH1RUWK%HDFKDUHDE\LQFUHDVLQJ IRRWWUDIILF DQG RIIHULQJ KRVSLWDOLW\ DPHQLWLHVWKDW DWWUDFW ERWK YLVLWRUV DQG ORFDOV ,W HQKDQFHV WKH DUHD¶V FRPPHUFLDO FKDUDFWHU ZLWKRXW GLVSODFLQJ H[LVWLQJEXVLQHVVHV
94 5HVROXWLRQ1R3& 3DJH
([KLELW$
7KH SURMHFW ZLOO FUHDWH D UHVWDXUDQW DQG KRWHO ZLWK D URRI GHFN WKDW ZLOO SURYLGHIRUWRXULVPLQWKH1RUWK%HDFKDUHDIRURYHUQLJKWVWD\DQGGD\WULSV FRQVLVWHQWZLWK*HQHUDO3ODQ3ROLF\('³<HDUURXQG7RXULVP,Q&LW\ &RXQFLOGHFLVLRQVLQLWLDWLYHVLQYHVWPHQWVDQGGHYHORSPHQWDSSURYDOVZH JLYHHTXDOSULRULW\WRSURJUDPVDQGSURMHFWVWKDWSURPRWHFRQVLVWHQW\HDU URXQGRYHUQLJKWWRXULVPDVZHOODVWRSURJUDPVDQGSURMHFWVWKDWSURPRWH VHDVRQDORUGD\WULSWRXULVP´
DQG
7KH SURMHFW KDV EHHQ GHVLJQHG DQG FRQGLWLRQHG WR UHGXFH LPSDFWV RQ QHLJKERULQJ UHVLGHQWLDO SURSHUWLHV E\ LQFRUSRUDWLQJ WKH IROORZLQJ
WKH
UHTXLUHGWUDVKHQFORVXUHLVSURSRVHGLQWKHVXEWHUUDQHDQSDUNLQJVWUXFWXUH WR UHGXFH QHJDWLYH QRLVH DQG RGRU LPSDFWV
DOO UHTXLUHG SDUNLQJ LV
SURYLGHGRQVLWHDQGLVLQH[FHVVRIWKHUHTXLUHGQXPEHURISDUNLQJVSDFHV
DQG
WKHSURMHFWLVFRQGLWLRQHGWRUHTXLUHDOOH[WHULRUQRLVHWRWHUPLQDWHDW
SP DQG H[WHULRU UHVWDXUDQW VHDWLQJ DW
SP :KHQ DPSOLILHG
PXVLFLVSOD\HGLQGRRUVIURP
SPWR
DPDOOZLQGRZVDQGGRRUV
PXVW UHPDLQ FORVHG$GGLWLRQDOO\WKHSURMHFWPXVW FRPSO\ZLWKWKH&LW\¶V 1RLVH 2UGLQDQFH FRQVLVWHQW ZLWK *HQHUDO 3ODQ 3ROLF\ /8 1HLJKERUKRRG &RPSDWLELOLW\ ZKLFK VWDWHV ³:H UHTXLUH WKDW FRPPHUFLDO SURMHFWV DEXWWLQJ UHVLGHQWLDO QHLJKERUKRRGV EH GHVLJQHG DQG RSHUDWHGWR SURWHFW UHVLGHQWV IURP WKH HIIHFWV RI QRLVH OLJKW RGRUV YLEUDWLRQ WUDIILF SDUNLQJDQGRWKHURSHUDWLRQDOLPSDFWV´
DQG
7KH SURMHFW FRQVLVWV RI YLVLWRUVHUYLQJ XVHV VXFK DV D KRWHO DQG SXEOLF UHVWDXUDQW GHVLJQHG WR RIIHU YLVLWRUV RSSRUWXQLWLHV IRU HQMR\PHQW RI WKH 1RUWK%HDFK+LVWRULF'LVWULFWDQGRWKHUQHDUE\FRDVWDOUHVRXUFHVVXFKDV WKHRFHDQDQG&RDVWDO7UDLOFRQVLVWHQWZLWK*HQHUDO3ODQ3ROLF\/8 ,QILOO 'HYHORSPHQW ZKLFK VWDWHV ³:H DFFRPPRGDWH GHYHORSPHQW WKDW LV FRPSDWLEOHZLWKFRDVWDORULHQWHGDQGFRPPXQLW\VHUYLQJFRPPHUFLDOXVHV
LQFOXGLQJ RYHUQLJKW DFFRPPRGDWLRQV
PL[HG UHVLGHQWLDO DQG FRPPHUFLDO
XVHVUHVLGHQWLDOXVHVDQGSXEOLFUHFUHDWLRQDOXVHVZKRVHIXQFWLRQRUVFDOH DUHFRPSDWLEOHZLWKWKHDUHD¶VUHFUHDWLRQDOFKDUDFWHU´ DQG
7KHSURMHFWLVGHVLJQHGLQDPDQQHUWRUHGXFHEXLOGLQJPDVVIURPWKHVWUHHW DQGDWWKH UHDURIWKH VWUXFWXUH FRQVLVWHQWZLWK*HQHUDO3ODQ3ROLF\8' 6FDOH DQG 0DVVLQJ ZKLFK VWDWHV ³:H UHTXLUH WKDW WKH VFDOH DQG PDVVLQJRIGHYHORSPHQWEHFRPSDWLEOHZLWKLWVVXUURXQGLQJVDQGZLWKWKH *HQHUDO3ODQDSSOLFDEOHVSHFLILFSODQDQGRUDUHDSODQ´ DQG
% 7KHVLWHLVVXLWDEOHIRUWKHW\SHDQGLQWHQVLW\RIXVHWKDWLVSURSRVHGLQWKDW
7KHSURMHFWFRPSOLHVZLWK]RQLQJVWDQGDUGVIRUYLVLWRUVHUYLQJFRPPHUFLDO XVHV LQ WKH &RDVWDO DQG $UFKLWHFWXUDO 2YHUOD\ 'LVWULFWV 6DQ &OHPHQWH =RQLQJ &RGH 6HFWLRQ
3HUPLWWHG 8VHV LQ 0L[HG 8VH =RQLQJ
'LVWULFWV
DOORZVKRWHOV
FRQGLWLRQDOO\
UHVWDXUDQWVDQGFDIpVDVSHUPLWWHG
XVHVLQWKH08]RQHZKLFKHQFRPSDVVHVWKHSURMHFWVLWH7KHSURSRVHG URRP KRWHO ZLWK DVVRFLDWHG GLQLQJ HVWDEOLVKPHQWV VXSSRUWV WKH &LW\¶V LQWHQGHGODQGXVHDQGGHYHORSPHQWSDWWHUQZLWKLQWKLVFRDVWDOPL[HGXVH 95 5HVROXWLRQ1R3& 3DJH
([KLELW$
FRUULGRU
DQG
'HVLJQ UHJXODWLRQV UHTXLUH DUFKLWHFWXUDO FRQIRUPLW\ ZLWK ORFDO FKDUDFWHU SDUWLFXODUO\ ZLWKLQ GHVLJQDWHG RYHUOD\V =RQLQJ &RGH 6HFWLRQ
$UFKLWHFWXUDO 2YHUOD\ 'LVWULFW 'HVLJQ 5HTXLUHPHQWV
PDQGDWHV WKDW DOO
GHYHORSPHQWLQWKH$UFKLWHFWXUDO2YHUOD\H[KLELWDXWKHQWLF6SDQLVK&RORQLDO 5HYLYDODUFKLWHFWXUH7KH SURMHFWPHHWVWKHVH UHTXLUHPHQWVZLWKIHDWXUHV VXFKDVUHGFOD\WLOHURRIVVWXFFRZDOOVDUFKHGHQWULHVGHFRUDWLYHLURQZRUN DQGWLHUHGPDVVLQJ²FRQWULEXWLQJWRFRKHVLYHFRPPXQLW\FKDUDFWHU DQG
7KHVTXDUHIRRWORWDOORZVIRUDGHQVLW\RIKRWHOURRPVDQGWKH SURMHFWLVSURSRVLQJURRPV
DQG
7KHSURMHFWSURYLGHVWKH UHTXLUHGSDUNLQJVSDFHVIRUWKHSURMHFWWKDW LQFOXGHV WKH KRWHO UHVWDXUDQW DQG FDIp XVHV ZLWK WKH XVH RI WKH &LW\¶V RXWGRRUGLQLQJFUHGLWVIRUWKHFDIHVWKHUHIRUHLVLQFRPSOLDQFHZLWKSDUNLQJ
UHTXLUHPHQWV
DQG
7KHSURMHFW FRPSOLHVZLWKWKHPD[LPXPDOORZHGKHLJKWRIIHHWIRUWKH SODWHKHLJKWDQGIHHWWRWKHWRSRIWKHURRI7KH=RQLQJ&RGHDOORZVKHLJKW LQFUHDVHVIRUWKHFKLPQH\VZKLFKLVDOORZHGSHU6HFWLRQ%ZKLFK DOORZVFKLPQH\VWRH[FHHGWKHPD[LPXPKHLJKWE\WZRIHHW DQG
7KHSURSRVHG VWUXFWXUH FRPSOLHVZLWKWKH ]HURIRRW VHWEDFNIRUWKHIURQW UHDUDQGVLGH\DUGV
DQG
7KHSURMHFWSURSRVHVD)$5RIZKHUHLVWKHPD[LPXP DQG
7KHSURMHFWSURSRVHVDORWFRYHUDJHRISHUFHQWZKHUHSHUFHQWLVWKH PD[LPXP
DQG
7KHSURMHFWFRPSOLHVZLWKWKH8UEDQ2SHQ6SDFHUHTXLUHPHQWE\SURYLGLQJ PRUHWKDQ SHUFHQWRI 8UEDQ2SHQ6SDFH DUHDRQWKHJURXQGOHYHOWR DGKHUHWRWKHSHUFHQWUHTXLUHPHQW
DQG
7KHWUDVKHQFORVXUHLVIXOO\HQFORVHGLQWKHVXEWHUUDQHDQSDUNLQJVWUXFWXUH DQGVHUYLFHGIURPWKHORDGLQJDUHDDGMDFHQWWR1RUWK(O&DPLQR5HDO & $V FRQGLWLRQHG WKH SURSRVHG XVH ZLOO QRW EH GHWULPHQWDO WR WKH SXEOLF KHDOWK VDIHW\ RUZHOIDUH RUPDWHULDOO\ LQMXULRXVWRSURSHUWLHV DQG LPSURYHPHQWV LQWKH YLFLQLW\LQWKDW
7KH SURMHFW LV SURSRVHG HQWLUHO\ ZLWKLQ WKH SURSHUW\ DQG WKH SURMHFW¶V FRPPHUFLDO FRPSRQHQWV FRPSO\ ZLWK 6DQ &OHPHQWH =RQLQJ 2UGLQDQFH
&
ZKLFKUHTXLUHVWKDWQHZQRQUHVLGHQWLDOGHYHORSPHQWQRW DGYHUVHO\LPSDFWQHLJKERULQJXVHV7KHKRWHOFDIpDQGURRIWRSUHVWDXUDQW DUH GHVLJQHG ZLWK VXIILFLHQW VHWEDFNV D GHGLFDWHG ORDGLQJ ]RQH DQG D VXEWHUUDQHDQ SDUNLQJ IDFLOLW\ ZLWK VWDOOV PLQLPL]LQJ YHKLFXODU DQG 96 5HVROXWLRQ1R3& 3DJH
([KLELW$
SHGHVWULDQ FRQIOLFWV DQG VXSSRUWLQJ RUGHUO\ GHYHORSPHQW 7KHVH VLWH SODQQLQJHOHPHQWVHQVXUHWKHKRWHOHQKDQFHVQHLJKERUKRRGYLWDOLW\ZLWKRXW RYHUEXUGHQLQJORFDOLQIUDVWUXFWXUHRUSXEOLFVHUYLFHV
DQG
7KHSURMHFWLVQHDUKLVWRULF UHVRXUFHVDQGGRHVQRWDGYHUVHO\DIIHFWWKHLU FKDUDFWHUDVLWLQFRUSRUDWHVPDWHULDOVDQGDUFKLWHFWXUDOHOHPHQWVFRQVLVWHQW ZLWKWKH2OH+DQVRQHUDWUDGLWLRQDQG1RUWK%HDFK+LVWRULF'LVWULFWFRQWH[W 7KH '56& FRQFOXGHG LQ LWV UHYLHZ RI WKH SURMHFW DQG WKH 'HYHORSPHQW 3HUPLW SURFHVV FRQILUPV WKDW WKH EXLOGLQJ ZLOO HQKDQFH QRW KDUP WKH GLVWULFW¶V KLVWRULF IDEULF PDLQWDLQLQJ QHLJKERUKRRG LQWHJULW\ DQG KHULWDJH YDOXH
$OOUHTXLUHGSDUNLQJIRUWKHSURMHFWLVSURYLGHGRQVLWH DQG
7KHWUDVKDUHDLVIXOO\HQFORVHGDQGVHUYLFHGIURPWKHGHVLJQDWHGORDGLQJ DUHDRIIRI1RUWK(O&DPLQR5HDO
DQG
/839,6DQG*HQHUDO3ODQ8UEDQ'HVLJQSROLFLHVGHYHORSPHQWDORQJ VFHQLFFRUULGRUVPXVWSUHVHUYHSXEOLFYLHZVZKHUHIHDVLEOH7KHEXLOGLQJ¶V VWHSSHGEDFNGHVLJQDQGUHGXFHGKHLJKWDORQJ$YHQLGD3LFRSURWHFWFULWLFDO RFHDQ YLVWDV DQG PLQLPL]H EXON LPSDFWV 6LPXODWLRQV FRQILUP WKDW WKH UHPDLQLQJYLVXDOLQWUXVLRQVDUHDGGUHVVHGE\FUHDWLQJYLHZFRUULGRUVSXELF URRIWRSDFFHVVDQGWUDQVSDUHQWGHVLJQHOHPHQWVWKXVSUHYHQWLQJKDUPWR VFHQLFUHVRXUFHVRUDGMDFHQWSURSHUW\YDOXHV
DQG
7KH SURMHFW LV FRQGLWLRQHG WR FRPSO\ ZLWK WKH %XLOGLQJ DQG )LUH FRGH WR HQVXUHWKHSURMHFWDGKHUHVWRDOODSSOLFDEOHUHJXODWLRQV 7KHSURMHFW¶VQRLVHVWXG\FRQILUPVWKHUHDUHQRQRLVHLPSDFWVWRDGMDFHQW XVHVZLWKWKHSURSRVHGRXWGRRUSRRODQGUHVWDXUDQWVZLWKDPSOLILHGPXVLF 7KHSURMHFWLVFRQGLWLRQHGWRUHTXLUHDOOH[WHULRUQRLVHDQGVHDWLQJIRUWKH URRIWRSUHVWDXUDQWDQGSRROWRWHUPLQDWHDW
SPDQGZKHQDPSOLILHG
PXVLFLVSOD\HGDIWHU
SPLWFDQRQO\EHSOD\HGZLWKLQWKHLQWHULRURIWKH UHVWDXUDQWDQGDOOZLQGRZVDQGGRRUVPXVWUHPDLQFORVHG$GGLWLRQDOO\WKH SURMHFWKDV FRQGLWLRQRIDSSURYDO UHTXLULQJ FRPSOLDQFHZLWKWKH&LW\¶V 1RLVH2UGLQDQFH
DQG
7KHSURSRVHGKRWHODQG UHVWDXUDQWXVHVDUHFRPSDWLEOHZLWKWKH*HQHUDO 3ODQDQG/83DVYLVLWRUVHUYLQJXVHV
' 7KH SURSRVHG XVH DV FRQGLWLRQHG ZLOO QRW QHJDWLYHO\ LPSDFW VXUURXQGLQJ ODQG XVHVLQWKDW
7KHKRWHOURRIWRSUHVWDXUDQWDQGFDIpDUHFRQVLVWHQWZLWKWKH08$&% &= ]RQLQJ GHVLJQDWLRQ ZKLFK SURPRWHV PL[HGXVH YLVLWRUVHUYLQJ GHYHORSPHQW 6XUURXQGLQJ SURSHUWLHV LQFOXGH FRPPHUFLDO DQG KRVSLWDOLW\ XVHV PDNLQJ WKH SURMHFW IXQFWLRQDOO\ DQG RSHUDWLRQDOO\ FRPSDWLEOH ZLWK H[LVWLQJODQGXVHV
DQG
97 5HVROXWLRQ1R3& 3DJH
([KLELW$
7KH SURMHFW¶V QRLVH VWXG\ FRQILUPHG WKDW DPSOLILHG PXVLF DQG JHQHUDO RSHUDWLRQDO QRLVH IURP URRIWRS DQG RXWGRRU DUHDV ZLOO UHPDLQ ZLWKLQ WKH WKUHVKROGV HVWDEOLVKHG LQ 0XQLFLSDO &RGH &KDSWHU 7KHVH ILQGLQJV DORQJZLWKUHVWULFWLRQVRQKRXUVRIXVHHQVXUHWKHSURMHFWGRHVQRWFUHDWH DQXLVDQFHIRUQHDUE\SURSHUWLHV
DQG
7KHSURMHFWVWHSVGRZQWRRQHVWRU\DORQJ$YHQLGD3LFRDQGLVGHVLJQHG ZLWKDUWLFXODWHGURRIOLQHVDQGUHFHVVHGZDOOVSUHVHUYLQJWKH$YHQLGD3LFR YLHZ FRUULGRU DQG PLQLPL]LQJPDVVLQJ LPSDFWV 7KHVH VWUDWHJLHVSUHYHQW RYHUVKDGRZLQJRUEORFNLQJLPSRUWDQWYLVXDOUHVRXUFHVSURWHFWLQJWKHVFHQLF FKDUDFWHURIWKHDUHD
DQG
7KHGHYHORSPHQWLQFOXGHVDVXEWHUUDQHDQJDUDJHZLWKSDUNLQJVWDOOV VXIILFLHQW WR PHHW &LW\ SDUNLQJ UHTXLUHPHQWV ZLWKRXW UHO\LQJ RQ RQVWUHHW SDUNLQJRUQHJDWLYHO\LPSDFWLQJDGMDFHQWXVHV7KHVLWH¶VORFDWLRQQHDUUDLO EXV DQG WUROOH\ URXWHV DOVR VXSSRUWV PXOWLPRGDO WUDQVSRUWDWLRQ DQG PLQLPL]HVYHKLFOHLPSDFWV
7KH JURXQGIORRU FDIpV DQG SXEOLFO\ DFFHVVLEOH RSHQ VSDFHV DFWLYDWHWKH VWUHHW IURQWDJHV HQKDQFLQJ WKH SHGHVWULDQ HQYLURQPHQW DQG FRPSOHPHQWLQJ QHDUE\ FRPPHUFLDO DQG UHFUHDWLRQDO ODQG XVHV 7KHVH IHDWXUHVIRVWHUDOLYHO\ZDONDEOHGLVWULFWUDWKHUWKDQFUHDWLQJDQLVRODWHGRU DXWRGHSHQGHQWXVH
DQG
7KHKRWHO¶VGHVLJQLVEDVHGRQ6SDQLVK&RORQLDO5HYLYDODUFKLWHFWXUHDQG KDVEHHQUHYLHZHGWKURXJKE\WKH'HVLJQ5HYLHZ6XEFRPPLWWHH,WVVFDOH PDWHULDOV DQG GHWDLOLQJ DUH FRPSDWLEOH ZLWK DGMDFHQW KLVWRULF UHVRXUFHV HQVXULQJ QR DGYHUVH YLVXDO RU FRQWH[WXDO LPSDFWV RQ WKH 1RUWK %HDFK +LVWRULF'LVWULFW
DQG
$OFRKRO VHUYLFH DQG DPSOLILHG PXVLF DUH SHUPLWWHG RQO\ XQGHU WKH &RQGLWLRQDO 8VH 3HUPLW ZLWK RSHUDWLRQDO FRQGLWLRQV LQ SODFH WR FRQWURO KRXUVQRLVHDQGVHFXULW\7KHVHUHVWULFWLRQVHQVXUHWKDWWKHSURMHFWUHPDLQ FRPSDWLEOHZLWKQHDUE\FRPPHUFLDODQGUHVLGHQWLDOXVHV
DQG
'UDLQDJH DQG ,QIUDVWUXFWXUH
7KH SURMHFW LQFOXGHV PRGHUQ VWRUPZDWHU
PDQDJHPHQW DQG XWLOLW\ LPSURYHPHQWV WKDW FRPSO\ ZLWK WKH &LW\¶V (QJLQHHULQJ VWDQGDUGV HQVXULQJ WKDW QHZ GHYHORSPHQW GRHV QRW FUHDWH UXQRIIGUDLQDJHRULQIUDVWUXFWXUHLVVXHVIRUQHLJKERULQJSURSHUWLHV DQG
7KHSURSRVHGKRWHODQGUHVWDXUDQWFRQWULEXWHWRWKHPL[RIVHUYLFHVZLWKLQ WKH 1RUWK %HDFK DUHD LQFOXGLQJ RWKHU UHVWDXUDQWV DQG RYHUQLJKW DFFRPPRGDWLRQVDQGVXSSRUWLQJXVHVVXFKDV VHUYLFHDQG UHWDLOVKRSV
DQG
7KHWUDVKHQFORVXUHLVIXOO\HQFORVHGLQWKHVXEWHUUDQHDQSDUNLQJVWUXFWXUH DQGVHUYLFHGIURPWKHWHPSRUDU\VWRUDJHDUHDDGMDFHQWWRWKHORDGLQJDUHD 98 5HVROXWLRQ1R3& 3DJH
([KLELW$
QH[WWR1RUWK(O&DPLQR5HDO
DQG
7KH SURSRVHG XVHV DUH FRPSDWLEOH ZLWK WKH *HQHUDO 3ODQ DQG /83 DV YLVLWRUVHUYLQJXVHV
DQG
7KHSURMHFW¶VQRLVHVWXG\FRQILUPVWKHUHDUHQRQRLVHLPSDFWVWRDGMDFHQW XVHVZLWKWKHSURSRVHGRXWGRRUSRRODQGUHVWDXUDQWVZLWKDPSOLILHGPXVLF 7KHSURMHFWLVFRQGLWLRQHGWRUHTXLUHDOOH[WHULRUQRLVHDQGVHDWLQJIRUWKH URRIWRSUHVWDXUDQWDQGSRROWRWHUPLQDWHDW
SPDQGZKHQDPSOLILHG
PXVLFLVSOD\HGDIWHU
SPLWFDQRQO\EHSOD\HGZLWKLQWKHLQWHULRURIWKH UHVWDXUDQWDQGDOOZLQGRZVDQGGRRUVPXVWUHPDLQFORVHG$GGLWLRQDOO\WKH SURMHFWKDV FRQGLWLRQRIDSSURYDO UHTXLULQJ FRPSOLDQFHZLWKWKH&LW\¶V 1RLVH2UGLQDQFH
(7KHRXWGRRUGLQLQJDUHDFRQWULEXWHVWRWKHYLOODJHSHGHVWULDQDPELDQFHRIWKH&LW\ FRQVLVWHQWZLWKWKH&LW\
V*HQHUDO3ODQLQWKDW
7KH SURMHFW LQFOXGHV D VHDW UHVWDXUDQW DQG WZR VWUHHW OHYHO FDIHV DVVRFLDWHGZLWKDURRPKRWHOZLWKIXOO UDQJHDOFRKRODPSOLILHGPXVLF DQG RXWGRRU VHDWLQJ ZLOO JHQHUDWH SHGHVWULDQ DFWLYLW\ DQG DFWLYDWH WKH VLGHZDONLQIURQWRIWKHSURMHFWWRDGGWRWKHYLWDOLW\RIWKH1RUWK%HDFKDUHD
DQG
7KH SURMHFW¶V WZR VWUHHWIURQWLQJ FDIpV DQG URRIWRS UHVWDXUDQW ZLWK SUHGRPLQDQWO\ RXWGRRU VHDWLQJ VLJQLILFDQWO\ FRQWULEXWH WR WKH YLOODJH DQG SHGHVWULDQDPELDQFHRI6DQ&OHPHQWHLQGLUHFWDOLJQPHQWZLWKWKH&LW\¶V *HQHUDO 3ODQ JRDOV IRU YLEUDQW ZDONDEOH FRDVWDO GLVWULFWV *HQHUDO 3ODQ 3ROLF\ /8 HQFRXUDJHV ³SHGHVWULDQRULHQWHG YLVLWRUVHUYLQJ XVHV´ LQ PL[HGXVH DUHDV SDUWLFXODUO\ WKRVH WKDW DFWLYDWH WKH SXEOLF UHDOP 7KH JURXQGOHYHOOREE\FDIpDORQJ(O&DPLQR5HDODQGWKHZDONXSFDIpZLQGRZ DWWKHFRUQHURI1RUWK(O&DPLQR5HDODQGFRPPXQLW\JDUGHQDORQJ$YHQLGD 3LFRFUHDWHFRQWLQXRXVYLVXDOLQWHUHVWHQFRXUDJHVWUHHWOHYHODFWLYLW\DQG RIIHUFDVXDOJDWKHULQJVSDFHVWKDWHQULFKWKHSHGHVWULDQH[SHULHQFH DQG
7KH URRIWRS UHVWDXUDQWZKLFKIHDWXUHVPRVWO\RXWGRRUVHDWLQJDQGRFHDQ YLHZVQRWRQO\VXSSRUWVWKH&LW\¶VWRXULVPREMHFWLYHVEXWDOVRHQKDQFHVWKH VHQVH RI RSHQQHVV DQG FRDVWDO FKDUDFWHU HPSKDVL]HG LQ 8UEDQ 'HVLJQ 3ROLFLHV 8' DQG8'7RJHWKHUWKHVHIRRG DQG EHYHUDJH XVHV IRVWHUVRFLDOLQWHUDFWLRQH[WHQGSHGHVWULDQGZHOOWLPHDQGKHOSDQLPDWHWKH VWUHHWVFDSHUHLQIRUFLQJWKH³6SDQLVK9LOODJHE\WKH6HD´LGHQWLW\E\PHUJLQJ DUFKLWHFWXUH SXEOLF VSDFH DQG OLIHVW\OH LQ D FRKHVLYH DQG OLYHO\ XUEDQ HQYLURQPHQW
)7KHRXWGRRUGLQLQJDUHDFRPSOLHVZLWKWKHVWDQGDUGVRI6&0&VHFWLRQ LQWKDW
7KHRXWGRRUGLQLQJDUHDVDUHORFDWHGDGMDFHQWWR1RUWK(O&DPLQR5HDODQG $YHQLGD3LFRLQGHVLJQDWHGSULYDWHSOD]DVSDFHVVWUDWHJLFDOO\VLWHGWRDYRLG 99 5HVROXWLRQ1R3& 3DJH
([KLELW$
HQFURDFKPHQW LQWR SXEOLF VLGHZDON DUHDV 7KHVH DUHDV DUH FOHDUO\ GHOLQHDWHG DQG VHSDUDWHG IURP SHGHVWULDQ ZDONZD\V HQVXULQJ XQREVWUXFWHGSDVVDJH7KHSODFHPHQWVXSSRUWVWKH&LW\¶VJRDOVIRUDFWLYH SHGHVWULDQRULHQWHGFRPPHUFLDOFRUULGRUVZKLOHPDLQWDLQLQJVDIHFLUFXODWLRQ
DQG
7KH RXWGRRU GLQLQJ DUHDV IURQWLQJ 1RUWK (O &DPLQR 5HDO DUH HQWLUHO\ DW JUDGHDQGORFDWHGZLWKLQWKHEXLOGLQJIRRWSULQWRUGHVLJQDWHGSULYDWHSDWLR DUHDV7KH\GRQRWLQWHUIHUHZLWKRQVLWHSDUNLQJVXSSO\RUGULYHDLVOHVDQG DYRLG DQ\ HQFURDFKPHQW LQWR SXEOLF ULJKWVRIZD\ RU UHTXLUHG RIIVWUHHW SDUNLQJ RU ORDGLQJ DUHDV 7KLV HQVXUHV WKDW WKH SURMHFW PDLQWDLQV FRPSOLDQFH ZLWK ]RQLQJ UHTXLUHPHQWV IRU YHKLFOH FLUFXODWLRQ DQG SDUNLQJ ZKLOHDFWLYDWLQJWKHVLWH¶VSHULPHWHUWKURXJKHQKDQFHGSXEOLFHQJDJHPHQW
DQG
2XWGRRU GLQLQJ LV SURSRVHG DW WZR ORFDWLRQV
VWUHHWOHYHO FDIpV DQG WKH
URRIWRSUHVWDXUDQW$OORXWGRRUVHDWLQJDUHDVDUHORFDWHGZLWKLQWKHEXLOGLQJ HQYHORSH DQG FRPSO\ ZLWK WKH PD[LPXP KHLJKW OLPLWDWLRQ RI IHHW HVWDEOLVKHGIRUWKH08 ]RQLQJ GLVWULFW7KH URRIWRS UHVWDXUDQW KDV EHHQ FDUHIXOO\GHVLJQHGZLWKVHWEDFNVDQGVFUHHQLQJWRPLQLPL]HYLVXDOEXONDQG SUHVHUYH YLHZV ZKLOH PDLQWDLQLQJ DUFKLWHFWXUDO FRKHVLRQ DQG ]RQLQJ
FRPSOLDQFH
DQG
7KHRXWGRRUVHDWLQJLVFOHDUO\DFFHVVRU\WRWKHSULPDU\FRPPHUFLDOXVHV WZRJURXQGOHYHOFDIpVDQGDURRIWRSUHVWDXUDQWZLWKEDUVHUYLFHSURSRVHG DVSDUWRIWKHKRWHOSURMHFW7KHVHGLQLQJDUHDVDUHLQWHJUDOWRWKHKRVSLWDOLW\ SURJUDP DQG DUH LQWHQGHG WR HQKDQFH WKH YLVLWRU H[SHULHQFH E\ RIIHULQJ FRDVWDO YLHZV DQG VRFLDO LQWHUDFWLRQ ]RQHV LQ NHHSLQJ ZLWK WKH LQWHQW RI 6&0&6HFWLRQWRVXSSRUWDYLEUDQWPL[HGXVHHQYLURQPHQW *$Q\ QHJDWLYH YLVXDO QRLVHWUDIILF DFFHVVLELOLW\ DQG SDUNLQJLPSDFWV DVVRFLDWHG ZLWK WKH RXWGRRU GLQLQJ DUHD KDYH EHHQ UHGXFHG WR DQ DFFHSWDEOH OHYHO DV GHWHUPLQHGE\WKH&LW\
LQWKDW
7KHFDIpVHDWLQJDORQJ1RUWK(O&DPLQR5HDOZLOOFORVHDW SPIRUDOO
GD\VRIWKHZHHN
DQG
7KHRXWGRRUVHDWLQJZLOOEHVHSDUDWHGIURPWKHSXEOLFULJKWRIZD\WRHQVXUH DOOVHDWLQJUHPDLQVRQVLWH
DQG
7KHSURMHFWLVFRQGLWLRQHGWRUHTXLUHDOOH[WHULRUQRLVHWRWHUPLQDWHDW
SPDQGZKHQDPSOLILHGPXVLFLVSOD\HGIURP
SPWR
DPZLWKLQ
WKH LQWHULRU RI WKH UHVWDXUDQW RQO\ DOO ZLQGRZV DQG GRRUV PXVW UHPDLQ FORVHG $GGLWLRQDOO\ WKH SURMHFW PXVW FRPSO\ ZLWK WKH &LW\¶V 1RLVH 2UGLQDQFH
6HFWLRQ3ODQQLQJ&RPPLVVLRQ$SSURYDO
100
5HVROXWLRQ1R3& 3DJH
([KLELW$
%DVHGRQWKHIRUHJRLQJUHFLWDOVDQGILQGLQJVDQGWKHZULWWHQDQGRUDOFRPPHQWV IDFWVDQGHYLGHQFHSUHVHQWHGWKH&LW\RI6DQ&OHPHQWH3ODQQLQJ&RPPLVVLRQDSSURYHV 'LVFUHWLRQDU\ 3HUPLW
'3
DQG &RQGLWLRQDO 8VH 3HUPLW
&83
+DQVRQ
+RWHO VXEMHFW WR WKH &RQGLWLRQV RI $SSURYDO VHW IRUWK LQ ([KLELW $ ZKLFK LV IXOO\ LQFRUSRUDWHGKHUHLQ
3$66('$1'$'237(' DW D UHJXODUPHHWLQJ RIWKH &LW\ RI6DQ &OHPHQWH3ODQQLQJ &RPPLVVLRQRQ$XJXVW
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&KDLU
&(57,),&$7,21
,+(5(%<&(57,)<WKLV5HVROXWLRQZDVDGRSWHGDWDUHJXODUPHHWLQJRIWKH&LW\ RI6DQ&OHPHQWH3ODQQLQJ&RPPLVVLRQRQ$XJXVWFDUULHGE\WKHIROORZLQJUROO FDOOYRWH
$<(6
&200,66,21(56
12(6
&200,66,21(56
$%67$,1
&200,66,21(56
$%6(17
&200,66,21(56
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
6HFUHWDU\RIWKH3ODQQLQJ&RPPLVVLRQ
101
5HVROXWLRQ1R3& 3DJH
([KLELW$
&21',7,2162)$33529$/
3XEOLF+HDULQJ3URMHFW+DQVRQ+RWHO
'LVFUHWLRQDU\3HUPLW
'3
DQG&RQGLWLRQDO8VH3HUPLW
&83
1.0 GENERAL CONDITIONS OF APPROVAL
:LWKLQGD\VRIUHFHLSWRIWKHVLJQHGFRQGLWLRQVRIDSSURYDOWKH DSSOLFDQW VKDOO VXEPLW WR WKH &LW\ 3ODQQHU D VLJQHG DFNQRZOHGJHPHQWFRQFXUULQJZLWKDOOFRQGLWLRQVRIDSSURYDORQD IRUPWREHSURYLGHGE\WKH&LW\XQOHVVDQH[WHQVLRQLVJUDQWHGE\ WKH&LW\3ODQQHU
3ODQQLQJ
7KHDSSOLFDQWVKDOOGHIHQG
ZLWKFRXQVHODFFHSWDEOHWRWKH&LW\
LQGHPQLI\ DQG KROG KDUPOHVV WKH &LW\ RI 6DQ &OHPHQWH DQG LWV RIILFHUV HPSOR\HHV DQG DJHQWV IURP DQG DJDLQVW DQ\ FODLP DFWLRQ SURFHHGLQJ ILQHV GDPDJHV H[SHQVHV DQG DWWRUQH\V¶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¶V H[SHQVH 7KH &LW\ UHVHUYHV WKH ULJKW DW LWV RZQ RSWLRQWRFKRRVHLWVRZQDWWRUQH\WRUHSUHVHQWWKH&LW\LWVRIILFHUV HPSOR\HHV DQG DJHQWV LQ WKH GHIHQVH RI WKH PDWWHU DW WKH DSSOLFDQW¶VFRVW,IWKHDSSOLFDQWIDLOVWRVRGHIHQGWKHPDWWHUWKH &LW\VKDOOKDYHWKHULJKWDWLWVRZQRSWLRQWRGRVRDQGLILWGRHV WKHDSSOLFDQWVKDOOSURPSWO\SD\WKH&LW\
VIXOOFRVWRIWKHGHIHQVH
3ODQQLQJ
8VH DQG GHYHORSPHQW RI WKLV SURSHUW\ VKDOO EH LQ VXEVWDQWLDO FRQIRUPDQFHZLWKWKHDSSURYHGSODQVPDWHULDOERDUGVDQGRWKHU DSSOLFDEOH LQIRUPDWLRQ VXEPLWWHG ZLWK WKLV DSSOLFDWLRQ DQG ZLWK WKHVHFRQGLWLRQVRIDSSURYDO
3ODQQLQJ
7KH DSSOLFDQW VKDOO FRPSO\ZLWKDOO DSSOLFDEOH FXUUHQW DQGIXWXUH SURYLVLRQV RI WKH 6DQ &OHPHQWH 0XQLFLSDO &RGH DGRSWHG RUGLQDQFHVDQGVWDWHODZV
$OO
8VH RI WKH VXEMHFW SURSHUW\ VKDOO FRQIRUP WR DOO RFFXSDQF\ UHTXLUHPHQWVLQFOXGLQJSRVWLQJRI VLJQV UHODWHGWRWKHPD[LPXP RFFXSDQF\OLPLWDWLRQV
&RGH
&RPS
'LVFUHWLRQDU\3HUPLW
'3
&RQGLWLRQDO8VH3HUPLW
&83
VKDOO EHGHHPHGWR KDYH H[SLUHG LIZLWKLQWKUHH \HDUVRI DSSURYDOWKHSURMHFWLVQRWFRPPHQFHGRUWKHSURMHFWSHUPLWWHGE\ 3ODQQLQJ
102
5HVROXWLRQ1R3& 3DJH
([KLELW$
WKH DSSURYHG DSSOLFDWLRQ KDV ODSVHG DV GHILQHG E\ =RQLQJ 2UGLQDQFH6HFWLRQ
:LWKLQILYHEXVLQHVVGD\VRISURMHFWDSSURYDOWKHDSSOLFDQWVKDOO VXEPLW WR WKH 3ODQQLQJ 'LYLVLRQ D FKHFN PDGH SD\DEOH WR WKH 2UDQJH&RXQW\&OHUN5HFRUGHULQWKHDPRXQWRIIRUILOLQJWKH &(4$1RWLFH
7KHDSSOLFDQWVKDOOSD\DQ\RXWVWDQGLQJEDODQFHIRU&LW\UHYLHZV VXFK DV WKH :403 UHYLHZ DQG DQ\ RWKHU GHSRVLW DFFRXQW H[SHQVHVUHODWHGWRWKLVSURMHFW ZLWKLQGD\V¶QRWLFHIURPWKH&LW\ RIDQ\RXWVWDQGLQJEDODQFH
3ODQQLQJ
3ODQQLQJ
7KH SURMHFW VKDOO LPSOHPHQW WKH PLWLJDWLRQ PHDVXUHV IURP &LW\ &RXQFLO5HVROXWLRQ1R
([KLELW²$LU4XDOLW\$LU4XDOLW\
DQG /LJKWLQJ*ODUH 3ULRUWR EXLOGLQJ SHUPLW LVVXDQFH WKHVH PHDVXUHV VKDOO EH VKRZQ RQ WKH JUDGLQJGXVW FRQWURO QRWHV HURVLRQ DQG VWRUPZDWHU SODQV OLJKWLQJ SODQV DQG FRQVWUXFWLRQ VSHFLILFDWLRQV DV DSSOLFDEOH 7KH &LW\ 3ODQQHU PD\ L
DSSURYH
HTXLYDOHQW RU PRUH HIIHFWLYH PHDVXUHV RU
LL
LVVXH D ZULWWHQ
GHWHUPLQDWLRQWKDWFRPSOLDQFHZLWKWKHFXUUHQW&DOLIRUQLD%XLOGLQJ &RGH 6DQ &OHPHQWH 0XQLFLSDO &RGH
LQFOXGLQJ WKH =RQLQJ
2UGLQDQFH
RURWKHUDGRSWHGUHJXODWLRQVIXOO\VDWLVILHVWKHLQWHQWRI DOLVWHGPHDVXUHLQZKLFKFDVHWKDWFRGHFRPSOLDQFHVKDOOJRYHUQ 7KH DSSOLFDQW VKDOO LPSOHPHQWWKHPHDVXUHV GXULQJ FRQVWUXFWLRQ DQG RSHUDWLRQ DQGWKH &LW\ VKDOO YHULI\ FRPSOLDQFH SULRUWRILQDO LQVSHFWLRQRFFXSDQF\
3ODQQLQJ
3.0 PRIOR TO ISSUANCE OF GRADING PERMITS
7KHZRUNLQJGUDZLQJVVKDOOLQFOXGHZLWKLQWKHILUVWIRXUSDJHVDOLVW RIDOOFRQGLWLRQVRIDSSURYDOLQFOXGHGLQWKLVUHVROXWLRQ 3ODQQLQJ
7KH &LW\ (QJLQHHU VKDOO GHWHUPLQH WKDW GHYHORSPHQW RI WKH VLWH VKDOO FRQIRUP WR JHQHUDO UHFRPPHQGDWLRQV SUHVHQWHG LQ WKH JHRWHFKQLFDOVWXGLHVLQFOXGLQJVSHFLILFDWLRQVIRUVLWHSUHSDUDWLRQ ODQGVOLGHWUHDWPHQWWUHDWPHQWRIFXWDQGILOOVORSHVWDELOLW\VRLOV HQJLQHHULQJ DQG VXUIDFH DQG VXEVXUIDFH GUDLQDJH DQG UHFRPPHQGDWLRQVIRUIXUWKHUVWXG\
6&0&&KDSWHU
3XEOLF
:RUNV
7KHDSSOLFDQWVKDOOVXEPLWDQGPXVWREWDLQDSSURYDOIURPWKH&LW\ (QJLQHHUDSUHFLVHJUDGLQJSODQDVUHTXLUHGE\WKH&LW\*UDGLQJ 0DQXDODQG2UGLQDQFH
6&0&&KDSWHU
3XEOLF
:RUNV
Abandonments
7KH DSSOLFDQW VKDOO VXEPLW WR WKH &LW\ (QJLQHHU D FRS\ RI WKH UHFRUGHG DEDQGRQPHQW IURP WKH &RXQW\ RI 2UDQJH DV ZHOO DV 3XEOLF
:RUNV
103
5HVROXWLRQ1R3& 3DJH
([KLELW$
HYLGHQFHRIUHFRUGDWLRQRIDQ\HDVHPHQWVUHTXLUHGDVDFRQGLWLRQ RIWKLVDEDQGRQPHQW
6&0& 6HFWLRQ
Addressing and Street Names
7KHDSSOLFDQWVKDOOVXEPLWDQGWKH&LW\3ODQQHUVKDOODSSURYHD SODQ GHSLFWLQJ DOO VWUHHW QDPHV DQG DGGUHVVHV IRU DOO RI WKH EXLOGLQJVDQGIDFLOLWLHVZLWKLQWKHSURMHFW
3ODQQLQJ
Financial Security
7KHDSSOLFDQWVKDOOSURYLGHVHSDUDWHLPSURYHPHQWVXUHW\ERQGV RULUUHYRFDEOHOHWWHUVRIFUHGLWDVGHWHUPLQHGE\WKH&LW\(QJLQHHU IRURIHDFKHVWLPDWHGLPSURYHPHQWFRVWDVSUHSDUHGE\D UHJLVWHUHG FLYLO HQJLQHHU DV DSSURYHG E\ &LW\ (QJLQHHU IRU WKH IROORZLQJ DSSOLFDEOH LWHPV
JUDGLQJ LPSURYHPHQWV
IURQWDJH
LPSURYHPHQWV
VLGHZDONV
VHZHU OLQHV
ZDWHU OLQHV
RQVLWH VWRUP
GUDLQV
DQGHURVLRQ FRQWURO,QDGGLWLRQWKHRZQHUVKDOOSURYLGH VHSDUDWH ODERU DQG PDWHULDO VXUHW\ IRU RI WKH DERYH HVWLPDWHGLPSURYHPHQWFRVWVDVGHWHUPLQHGE\WKH&LW\(QJLQHHU RUGHVLJQHH
6&0&&KDSWHU
3XEOLF
:RUNV
Improvements
7KHDSSOLFDQWVKDOOVXEPLWDQGWKH&LW\(QJLQHHUVKDOODSSURYH IURQWDJHLPSURYHPHQWSODQV7KHDSSOLFDQWVKDOOEHUHVSRQVLEOHIRU WKH FRQVWUXFWLRQ RI DOO UHTXLUHG IURQWDJH LPSURYHPHQWV DV DSSURYHG E\ WKH &LW\ (QJLQHHU LQFOXGLQJ EXW QRW OLPLWHG WR WKH
IROORZLQJ
$ 6LGHZDON LQFOXGLQJ FRQVWUXFWLRQ RI FRPSOLDQW VLGHZDON DURXQGGULYHDSSURDFKRURWKHUREVWUXFWLRQVWRPHHWFXUUHQW &LW\VWDQGDUGV
FURVVIDOO
ZKHQDGHTXDWHULJKWRIZD\
H[LVWV7KHVWUHHWULJKWRIZD\DORQJWKH1RUWK(O&DPLQR 5HDOSURSHUW\IURQWDJHYDULHVEHWZHHQDSSUR[LPDWHO\WR
IHHW EHKLQG WKH FXUE WKHUHIRUH D VLGHZDON HDVHPHQW LV DQWLFLSDWHGWREHUHTXLUHGWREHJUDQWHGWRWKH&LW\LQRUGHU WR REWDLQ D IRRW ZLGH VLGHZDON DURXQGWKH REVWUXFWLRQV 6DLG VLGHZDON HDVHPHQW VKDOO EH VXEPLWWHG WR DQG DSSURYHG E\ WKH &LW\ (QJLQHHU 7KH VWUHHW ULJKWRIZD\ DORQJWKH$YHQLGD3LFR SURSHUW\IURQWDJH YDULHV EHWZHHQ DSSUR[LPDWHO\WRIHHWEHKLQGWKH FXUEWKHUHIRUHD VLGHZDON HDVHPHQW ZRXOG QRW EH QHFHVVDU\ XQOHVV WKH GHVLJQFKDQJHVDQGVWUHHWWUHHVDUHDGGHGWREHZLWKLQWKH VLGHZDONDUHD
% &RQWUDFWRUVKDOOUHSODFHDQ\GDPDJHGVWUHHWLPSURYHPHQWV UHVXOWLQJ IURP FRQVWUXFWLRQ DFWLYLWLHV WR WKH VDWLVIDFWLRQ RI WKH&LW\,QVSHFWRU
6&0& &KDSWHU DQG 6HFWLRQV DQG
3XEOLF
:RUNV
104
5HVROXWLRQ1R3& 3DJH
([KLELW$
Landscape Plans
7KH DSSOLFDQW VKDOO VXEPLW DQGWKH &LW\3ODQQHU DQG%HDFKHV 3DUNV DQG 5HFUHDWLRQ 0DQDJHU VKDOO KDYH DSSURYHG D GHWDLOHG ODQGVFDSHDQGLUULJDWLRQSODQLQFRUSRUDWLQJGURXJKWWROHUDQWSODQWV IRU PHGLDQV SDUNZD\V SXEOLF WUDLOV IXHO PRGLILFDWLRQ DUHDV FRPPRQDUHDVDQGVORSHVDQGRWKHUODQGVFDSHGDUHDVSUHSDUHG E\ D UHJLVWHUHG ODQGVFDSH DUFKLWHFW DQG LQ FRPSOLDQFH ZLWK DOO SHUWLQHQW UHTXLUHPHQWV LQFOXGLQJ EXW QRW OLPLWHG WR JXLGHOLQHV FRQWDLQHGLQWKH&LW\
V0DVWHU/DQGVFDSH3ODQRI6FHQLF&RUULGRUV
6&0& 6HFWLRQ
7KHSURMHFW VKDOOLQFRUSRUDWH YHUWLFDO
ODQGVFDSLQJDWWKHUHDURIWKHEXLOGLQJ
1RUWKHOHYDWLRQ
WRSURYLGH
YHUWLFDO VFUHHQLQJ RI WKH VWUXFWXUH 3ODFHPHQW RI WKH YHUWLFDO ODQGVFDSLQJDQGW\SHVKDOOEHVHQVLWLYHWRQRWFRQWULEXWHWRRFHDQ YLHZREVWUXFWLRQVIURPWKH$YHQLGD3LFR6FHQLF&RUULGRU 3ODQQLQJ
7KHIROORZLQJVWDQGDUGVVKDOODSSO\IRUDOOODQGVFDSHSODQVVSHFLILF WR SDUNZD\V XQOHVV RWKHUZLVH DSSURYHG IRU SULYDWH UHVLGHQWLDO
VWUHHWV
$ $OO SDUNZD\WUHHV VKDOOPDLQWDLQWKHIROORZLQJ GLVWDQFHVIURP
LPSURYHPHQWV
D
IURPZDWHUVHZHUDQGVWRUPGUDLQOLQHV
E
IURP KDUGVFDSH
FXUEV VLGHZDONV VWUHHW OLJKWV
XWLOLW\ER[HVILUHK\GUDQWV3,9V)'&HWF
H[FHSW
IRUWUHHZHOOV
F
IURPGULYHDSSURDFKHV
G
IURPFXUEUHWXUQDWVWUHHWLQWHUVHFWLRQV
% $OO ODQGVFDSH LUULJDWLRQ V\VWHPV VKDOO EH GHVLJQHG XVLQJ WKH &LW\
VUHFODLPHGZDWHUVWDQGDUGV,QWKHHYHQWUHFODLPHGZDWHU LVQRWDYDLODEOHDWWKHWLPHWKHV\VWHPLVSXWLQWRRSHUDWLRQWKH V\VWHPPD\EHFRQQHFWHGWRWKHSRWDEOHZDWHUV\VWHP:KHQ UHFODLPHGZDWHULVDYDLODEOHWKHV\VWHPVKDOOEHFRQYHUWHGWR UHFODLPHG VHUYLFH 7KH RZQHU RU GHVLJQHH VKDOO LQVWDOO UHFODLPHGZDWHUVHUYLFHOLQHVWRWKHPHWHUORFDWLRQVIRUIXWXUH FRQQHFWLRQZKHQUHFODLPHGZDWHULVDYDLODEOH
& 0LQLPXPSDUNZD\WUHHVL]HVKDOOEHJDOORQIRUFDQRS\WUHHV DQGWHQIRRW
EURZQWUXQNKHLJKW
%7+
IRUSDOPV
' 7UHHVVKDOOEHSODQWHGDWWKLUW\IRRWLQWHUYDOVLQFRPPHUFLDORU UHVLGHQWLDOSDUNZD\DUHDVRUDPLQLPXPRIRQHSHUUHVLGHQWLDO ORWIURQWDJH
( 5HVLGHQWLDO FRUQHU ORWV VKDOO LQFOXGH DPLQLPXP RI WZR WUHHV DORQJWKHVLGH\DUGSDUNZD\
6&0&&KDSWHU
3XEOLF
:RUNV
3ODQQLQJ
Noise
7KH DSSOLFDQW VKDOO GHPRQVWUDWH WR WKH VDWLVIDFWLRQ RI WKH &LW\ 3XEOLF 105
5HVROXWLRQ1R3& 3DJH
([KLELW$
(QJLQHHUWKDWWKHIROORZLQJVWDQGDUGVVKDOOEHVDWLVILHG
$ $OO FRQVWUXFWLRQ YHKLFOHV RU HTXLSPHQW IL[HG RU PRELOH RSHUDWHGZLWKLQIHHWRIDGZHOOLQJVKDOOEHHTXLSSHGZLWK RSHUDWLQJDQGPDLQWDLQHGPXIIOHUV
% $OORSHUDWLRQVVKDOOFRPSO\ZLWK2UDQJH&RXQW\&RGLILHG2UGL QDQFH'LYLVLRQ
1RLVH&RQWURO
& 6WRFNSLOLQJDQGRUYHKLFOHVWRUDJHDUHDVVKDOOEHORFDWHGDVIDU DVSUDFWLFDEOHDQGRXWRIYLHZIURPGZHOOLQJV
7KH&LW\RI6DQ&OHPHQWH1RLVH2UGLQDQFHOLPLWLQJWKHKRXUVRI FRQVWUXFWLRQ WR EHWZHHQ
DP DQG
SP VKDOO EH
HQIRUFHG
6&0& &KDSWHU
:RUNV
NPDES
7KH DSSOLFDQW VKDOO GHPRQVWUDWH WR WKH VDWLVIDFWLRQ RI WKH &LW\ (QJLQHHURUGHVLJQHHWKDWWKHSURMHFWPHHWVDOOUHTXLUHPHQWVRIWKH 6DQ 'LHJR 5HJLRQDO :DWHU 4XDOLW\ &RQWURO %RDUG 1DWLRQDO 3ROOXWDQW 'LVFKDUJH (OLPLQDWLRQ 6\VWHP
13'(6
0XQLFLSDO
6HSDUDWH 6WURP 6HZHU 3HUPLW DQG )HGHUDO 6WDWH &RXQW\ DQG &LW\JXLGHOLQHVDQGUHJXODWLRQVLQRUGHUWRFRQWUROSROOXWDQWUXQRII
6&0&&KDSWHU
3XEOLF
:RUNV
8QOHVV DSSURYHG RWKHUZLVH E\ WKH &LW\ (QJLQHHUWKH GHYHORSHU VKDOOSURYLGHHYLGHQFHRIFRQVHQWIURPDQ\HDVHPHQWKROGHUVIRU GHYHORSPHQWZLWKLQHDVHPHQWDUHDV
6&0&&KDSWHU
3XEOLF
:RUNV
8QOHVVZDLYHGRWKHUZLVHE\WKH&LW\(QJLQHHUWKHGHYHORSHUVKDOO DFNQRZOHGJHLQZULWLQJWKDWWKHGHYHORSPHQWLVVXEMHFWWRDOO6WDWH ZDWHUTXDOLW\DQGVWRUPGUDLQGLVFKDUJHSHUPLWUHJXODWLRQV7KLV PD\LQFOXGHEXWLVQRWOLPLWHGWRHOLPLQDWLRQRIGLVFKDUJHVVXFKDV VXEGUDLQDQGRWKHUQRQVWRUP UHODWHGGLVFKDUJH3URMHFWGHVLJQV UHYLVLRQV PD\ EH UHTXLUHG IRU FRPSOLDQFH ZLWK VXFK DSSOLFDEOH UHJXODWLRQV
6&0&&KDSWHU
3XEOLF
:RUNV
7KHSURMHFWJDUDJHHQWU\DQGH[LWGULYHZD\VKDOOEHGHVLJQHGIRU UHVWULFWHGYHKLFOHVWRDULJKWWXUQLQDQGH[LWRQO\8QOHVVDSSURYHG RWKHUZLVHE\WKH&LW\(QJLQHHUWKLVVKDOOLQFOXGHWKHDGGLWLRQRI ULJKW WXUQ DUURZ PDUNLQJV RQ WKH SDYHPHQW RI WKH GULYH DLVOH VXUIDFH
6&0& &KDSWHU
6HH )LJXUH
&LUFXODWLRQ DQG
/LQHRI6LJKW
3XEOLF
:RUNV
8QOHVVDSSURYHGRWKHUZLVHE\WKH&LW\(QJLQHHUDQGWKHGULYHZD\ JUDGHLVPRGLILHGWRPHHWDOO&LW\6WDQGDUGVLQRUGHUWRLQFUHDVH VLJKWGLVWDQFHRISHGHVWULDQVIRU YHKLFOHVH[LWLQJWKHJDUDJHWKH SURMHFW GHVLJQ VKDOO UHPRYH WKH IURQW ODQGVFDSH SODQWHU WKDW LV FXUUHQWO\VKRZQEHKLQGWKHVLGHZDONDQGLPPHGLDWHO\ZHVWRIWKH GULYH DLVOH /DQGVFDSLQJ LQ WKLV DUHD VKRXOG EH PDLQWDLQHG WR 3XEOLF
:RUNV
106
5HVROXWLRQ1R3& 3DJH
([KLELW$
SURWHFW WKH YHKLFOH OLQH RI VLJKW RI SHGHVWULDQV RQ WKH SXEOLF VLGHZDON
6&0&&KDSWHU
6HH)LJXUH
&LUFXODWLRQDQG
/LQHRI6LJKW
Figure 1: Circulation and Line of Sight
7KHGHYHORSPHQWKDVIORRUVEHORZVWUHHWJUDGH
IRRWDERYHWRS
RI IXOO KHLJKW FXUE
WKHUHIRUH D K\GURORJ\ VWXG\ ZLOO EH QHHG WR
SURYH WKH GHYHORSPHQW LV QRW VXEMHFW WR UXQRQ IURP VWUHHW GUDLQDJH
6&0&&KDSWHU
3XEOLF
:RUNV
4.0 PRIOR TO ISSUANCE OF BUILDING PERMITS
7KHZRUNLQJGUDZLQJVVKDOOLQFOXGHZLWKLQWKHILUVWIRXUSDJHVDOLVW RIDOOFRQGLWLRQVRIDSSURYDOLQFOXGHGLQWKLVUHVROXWLRQ 3ODQQLQJ
Coastal Commission Approval
7KHDSSOLFDQWVKDOOGHPRQVWUDWHWRWKH&LW\3ODQQHUWKDWWKHSURMHFW KDVVHFXUHGDSSURYDOIURPWKH&DOLIRUQLD&RDVWDO&RPPLVVLRQ 3ODQQLQJ
Noise
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¶V QRLVH RUGLQDQFHSDUWLFXODUO\ZLWKUHIHUHQFHWRGE
F
PHDVXUHPHQWVIURP
UHVLGHQWLDOSURSHUWLHV7KH UHSRUW VKDOO EHDFFRPSDQLHG E\ D OLVW LGHQWLI\LQJWKHVKHHW
V
RIWKHEXLOGLQJSODQVWKDWLQFOXGHUHTXLUHG
VRXQGDWWHQXDWLRQPHDVXUHV
3ODQQLQJ
7KHDSSOLFDQWVKDOOGHPRQVWUDWHWRWKHVDWLVIDFWLRQRIWKH%XLOGLQJ 2IILFLDO WKDW WKH SODQV LQFOXGH DOO VRXQG DWWHQXDWLRQ PHDVXUHV %XLOGLQJ
107
5HVROXWLRQ1R3& 3DJH
([KLELW$
VSHFLILHGLQWKHDFRXVWLFDOUHSRUWUHTXLUHGE\&RQGLWLRQVDQG
Utilities
,IWKHSURMHFWSHUWDLQVWRD)RRG6HUYLFH(VWDEOLVKPHQW )6(
WKH
DSSOLFDQWVKDOOVXEPLWDQGWKH&LW\8WLOLWLHV'LUHFWRUVKDOODSSURYH SODQVGHSLFWLQJWKH)DWV2LOVDQG*UHDVHV
)2*
FRQWUROVZLWK
WKHSODQVDQGGHVLJQDSSURYHGE\WKH2UDQJH&RXQW\+HDOWK&DUH $JHQF\
8WLOLWLHV
7KHDSSOLFDQWVKDOOVXEPLWDQGPXVWREWDLQDSSURYDOIURPWKH&LW\ (QJLQHHUSODQVGHSLFWLQJWKHLQVWDOODWLRQRIDQDSSURYHGGRXEOH GHWHFWRU FKHFN EDFNIORZ DVVHPEO\ RQ DQ\DOO ILUH OLQHV DERYH JURXQGDQGDVQHDUWRWKHSRLQWRIFRQQHFWLRQWRWKHSRWDEOHZDWHU V\VWHPDVSUDFWLFDOJLYHQIXQFWLRQDODQGDHVWKHWLFFRQVLGHUDWLRQV $QLVRODWLRQYDOYHVKDOOEHLQVWDOOHGRQDQ\DOOILUHOLQHVDWWKHSRLQW RIFRQQHFWLRQWRWKHZDWHUPDLQ
6&0&6HFWLRQ
3XEOLF
:RUNV
7KHDSSOLFDQWVKDOOVXEPLWDQGWKH&LW\(QJLQHHUVKDOODSSURYH SODQVGHSLFWLQJWKHLQVWDOODWLRQRIDQDSSURYHG UHGXFHGSUHVVXUH SULQFLSDOEDFNIORZDVVHPEO\RQDQ\DOOSRWDEOHZDWHUV\VWHPVDQG DQ\DOOLUULJDWLRQV\VWHPVDERYHJURXQGGLUHFWO\DIWHUHDFKZDWHU PHWHUDVSUDFWLFDODQGDWDPLQLPXPKHLJKWRI´IURPWKHERWWRP RIHDFKDVVHPEO\WRJURXQGOHYHO
6&0&6HFWLRQ
3ULRUWRWKHLVVXDQFHRIEXLOGLQJSHUPLWVWKHDUFKLWHFWXUDOFLYLO LI
DSSOLFDEOH
DQGODQGVFDSHSODQVVKDOOEHUHYLVHGWRLQFRUSRUDWHDOO PRGLILFDWLRQV GLUHFWHG DW WKH 3ODQQLQJ &RPPLVVLRQ KHDULQJ WR DGGUHVV 2UDQJH &RXQW\ )LUH $XWKRULW\
2&)$
UHTXLUHPHQWV
6SHFLILFDOO\WKHSURMHFWGHVLJQVKDOOSURYLGHDPLQLPXPWKUHHIRRW VHWEDFN DURXQG WKH SHULPHWHU RI WKH VWUXFWXUH FRQVLVWHQW ZLWK 2&)$VWDQGDUGV
3XEOLF
:RUNV
2&)$
3ODQQLQJ
3ULRU WR WKH LVVXDQFH RI D EXLOGLQJ SHUPLW H[WHULRU ZDOOV PXVW FRPSO\ZLWK&%&6HFWLRQIRUILUHUHVLVWDQFHDQGSURWHFWLRQRI H[WHULRURSHQLQJV2SHQLQJVDUHQRWDOORZHGLQDILUHUDWHGZDOOOHVV WKDQWKUHHIHHWIURPWKHSURSHUW\OLQH
%XLOGLQJ
7KHDSSOLFDQWRUUHVSRQVLEOHSDUW\VKDOOVXEPLWWKHSODQ V
OLVWHG
EHORZWRWKH2UDQJH&RXQW\)LUH$XWKRULW\IRUUHYLHZ$SSURYDO VKDOOEHREWDLQHGRQHDFKSODQSULRUWRWKHVSHFLILHGHYHQW 2&)$
3ULRUWRDSSURYDORIDWHQWDWLYHPDSRULVVXDQFHRISUHFLVHJUDGLQJ SHUPLWZKLFKHYHUFRPHVILUVW
RUDWWKHGLVFUHWLRQRIWKHSODQQLQJ
GHSDUWPHQWSULRUWRDSSURYDODWSXEOLFKHDULQJLIWKLVSUHFHGHVPDS DSSURYDORUJUDGLQJSHUPLWLVVXDQFH
2&)$
108
5HVROXWLRQ1R3& 3DJH
([KLELW$
$ &RQFHSWXDO IXHO PRGLILFDWLRQ SODQ
VHUYLFH FRGH 35
WKHDSSOLFDQWPD\RSWWRVNLSVXEPLWWDORIDFRQFHSWXDOIXHO PRGLILFDWLRQ SODQ DQG SURFHHG GLUHFWO\ WR VXEPLWWDO RI D SUHFLVHIXHOPRGLILFDWLRQSODQ
VHUYLFHFRGH35
DWWKLV
WLPHLQVWHDG
3ULRUWR2&)$FOHDUDQFHRIDILQDOPDSRULVVXDQFHRIDSUHFLVH JUDGLQJ SHUPLW RU D EXLOGLQJ SHUPLW LI D JUDGLQJ SHUPLW LV QRW
UHTXLUHG
$ )LUH PDVWHU SODQ
VHUYLFH FRGH 35
D FOHDU ZDONDEOH
SDWK DW OHDVW IHHW LQZLGWK VKDOO EH SURYLGHG DURXQGWKH SHULPHWHUDQGPD\QRWEHREVWUXFWHGE\WUHHVSODQWVHWF 2&)$
3ULRUWRLVVXDQFHRIDSUHFLVHJUDGLQJSHUPLWRUDEXLOGLQJSHUPLW LIDJUDGLQJSHUPLWLVQRWUHTXLUHG
$ 3UHFLVHIXHOPRGLILFDWLRQ
VHUYLFHFRGH35
2&)$
3ULRUWRLVVXDQFHRIDEXLOGLQJSHUPLW
$ $UFKLWHFWXUDOIRU*URXS$
GLQLQJURRP
$
SRROGHFN
2FFXSDQFLHV
VHUYLFHFRGHV3535
DQGIRU*URXS
52FFXSDQF\
VHUYLFHFRGH35
% 7DQNVVWRULQJKD]DUGRXVPDWHULDOV
VHUYLFHFRGH35
LI
DJHQHUDWRUZLOOEHLQVWDOOHG
& (PHUJHQF\ UHVSRQGHU UDGLR V\VWHP GHVLJQ DSSURYHG E\ 2UDQJH&RXQW\6KHULII¶V'HSDUWPHQW
WKLVVXEPLWWDOPD\EH
GHIHUUHGZKHQDFFHSWDEOHWRWKH%XLOGLQJ'HSDUWPHQWEXW WKH UHTXLUHG FRQGXLWPXVW EH LQVWDOOHG SULRUWR FRQFHDOLQJ LQWHULRUFRQVWUXFWLRQ
' 8QGHUJURXQGSLSLQJIRUSULYDWHK\GUDQWVDQGILUH VSULQNOHU V\VWHPV
VHUYLFHFRGH3535
2&)$
3ULRUWRFRQFHDOLQJLQWHULRUFRQVWUXFWLRQ
A. )LUHDODUPV\VWHP
VHUYLFHFRGH3535
B. )LUHVSULQNOHUV\VWHP
VHUYLFHFRGHV3535
C. +RRGDQGGXFWH[WLQJXLVKLQJV\VWHP
VHUYLFHFRGH35
2&)$
5.0 PRIOR TO FINAL INSPECTION
Engineering
3ULRU WR DFFHSWDQFH RI LPSURYHPHQWV E\ WKH &LW\ (QJLQHHU WKH RZQHUVKDOOVXEPLWDVEXLOWSODQVSUHSDUHGE\D UHJLVWHUHGFLYLO HQJLQHHU IRU VWUHHWV WUDIILF VLJQDOV VWUHHW OLJKWV VHZHU ZDWHU VWRUPGUDLQVVWUHHWVLJQVVWULSLQJWUDIILFPDUNLQJVSDLQWHGFXUEV DQGDOORWKHUUHTXLUHGLPSURYHPHQWV
6&0&&KDSWHU
3XEOLF
:RUNV
7KH DSSOLFDQW VKDOO GHPRQVWUDWH WR WKH VDWLVIDFWLRQ RI WKH &LW\ (QJLQHHU DQG &LW\ 0DLQWHQDQFH 0DQDJHU WKDW DOO VWUHHW 3XEOLF
:RUNV
109
5HVROXWLRQ1R3& 3DJH
([KLELW$
LPSURYHPHQWVKDYH EHHQ FRPSOHWHGDQG DFFHSWHG DQGWKDW DQ\ GDPDJHWRQHZRUH[LVWLQJVWUHHWULJKWRIZD\GXULQJFRQVWUXFWLRQ KDVEHHQUHSDLUHGUHSODFHG
6&0&7LWOH
Landscaping
7KHDSSOLFDQWVKDOOVXEPLWDQGWKH&LW\3ODQQHUVKDOODSSURYHD OHWWHU IURP D UHJLVWHUHG ODQGVFDSH DUFKLWHFW FRQILUPLQJ WKDW ODQGVFDSLQJDQGLUULJDWLRQKDYHEHHQLQVWDOOHGLQDFFRUGDQFHZLWK WKHDSSURYHGSODQV
3ODQQLQJ
Lighting
7KH DSSOLFDQW VKDOO VXEPLW D SKRWRPHWULF SODQ ZLWKLQ WKH FRQVWUXFWLRQ GRFXPHQWV LQGLFDWLQJ FRPSOLDQFH ZLWK WKH &LW\¶V /LJKWLQJVWDQGDUGV
DQGDOHWWHUIURPWKH SUHSDUHURI
WKHOLJKWLQJSODQVFRQILUPLQJWKDWDOOOLJKWLQJKDVEHHQLQVWDOOHGLQ DFFRUGDQFHZLWKWKHDSSURYHGSODQVDQGWKDWWKHOLJKWLQJFRQIRUPV WR DOO VWDQGDUGV VHW IRUWK LQ WKH 0XQLFLSDO &RGH DQG WR WKH VDWLVIDFWLRQRIWKH&LW\3ODQQHU
3ODQQLQJ
Surveys
3ULRUWRDSSURYDOWRSRXUIRXQGDWLRQVWKHDSSOLFDQWVKDOOVXEPLW DQGWKH&LW\3ODQQHUDQG%XLOGLQJ2IILFLDOVKDOODSSURYHDVXUYH\ SUHSDUHG E\ D UHJLVWHUHG FLYLO HQJLQHHU WKDW LV OLFHQVHG WR GR VXUYH\LQJ RU D ODQG VXUYH\RU FRQILUPLQJ WKDW WKH EXLOGLQJ IRXQGDWLRQVFRQIRUPWRWKHUHTXLUHGVHWEDFNVDVVHWIRUWKRQWKH DSSURYHGSODQV
3ODQQLQJ
%XLOGLQJ
3ULRU WR DSSURYDO RI WKH IUDPLQJ LQVSHFWLRQ WKH DSSOLFDQW VKDOO VXEPLWDQGWKH&LW\3ODQQHUDQG%XLOGLQJ2IILFLDOVKDOODSSURYHD VXUYH\SUHSDUHGE\DUHJLVWHUHGFLYLOHQJLQHHUWKDWLVOLFHQVHGWR GR VXUYH\LQJ RUD ODQG VXUYH\RU FRQILUPLQJWKDWWKH KHLJKWRI DOO VWUXFWXUHVFRQIRUPVWRWKHGLPHQVLRQVVHWIRUWKRQWKHDSSURYHG SODQV
3ODQQLQJ
%XLOGLQJ
Architecture
$OOH[WHULRUGHWDLOVDQGPDWHULDOVVKDOOEHDSSURYHGE\WKH3ODQQLQJ 'LYLVLRQ DV FRQVLVWHQW ZLWK WKH DSSURYHG SURMHFW SULRU WR LQVWDOODWLRQ
3ODQQLQJ
7ZRSLHFHFOD\WLOHURRILQJVKDOOEHXVHGZLWKERRVWHUWLOHVRQWKH HGJHVDQGULGJHVDQGUDQGRPPRUWDUSDFNLQJ7KHPRUWDUVKDOOEH SDFNHGRQSHUFHQWRIWKHWLOHVLQWKHILUVWWZRURZVRIWLOHVDQG DORQJDQ\UDNHDQGULGJHOLQHDQGVKDOOEHSDFNHGRQSHUFHQW RIWKHWLOHVRQWKH UHPDLQLQJILHOG0RUWDUSDFNLQJ VKDOO VHUYHDV 3ODQQLQJ
110
5HVROXWLRQ1R3& 3DJH
([KLELW$
ELUGVWRSVDWWKHURRIHGJHV7KHYROXPHRIPRUWDUSDFNWRDFKLHYH WKHDSSURSULDWHWKLFNQHVVVKDOOEHHTXLYDOHQWWRDLQFKGLDPHWHU VSKHUHRIPRUWDUDSSOLHGWRHDFKWLOH
6WXFFR ZDOOV VKDOO FRQVLVW RI µVWHHO KDQG WURZHO¶ QR PDFKLQH
DSSOLFDWLRQ
VPRRWK0LVVLRQILQLVKDQGVOLJKWXQGXODWLRQV
DSSOLHG
GXULQJEURZQ FRDW
DQGEXOOQRVHG FRUQHUVDQG HGJHV LQFOXGLQJ
DUFKZD\V
DSSOLHGGXULQJODWKH
ZLWKQRFRQWUROH[SDQVLRQMRLQWV
,QWKHHYHQWWKH&LW\HOHFWVWRLQVWDOOSXEOLFDUWLQFOXGLQJEXWQRW OLPLWHGWRDPXUDODORQJWKHQRUWKDQGRUZHVWZDOORIWKHSURMHFW WKH DSSOLFDQW VKDOO HQWHU LQWR D OLFHQVH DJUHHPHQW ZLWK WKH &LW\ DXWKRUL]LQJ WKH LQVWDOODWLRQ PDLQWHQDQFH DQG SXEOLF GLVSOD\ RI VXFKDUWZRUN
3ODQQLQJ
3ODQQLQJ
/XPEHUGURS,QVSHFWLRQ
$IWHULQVWDOODWLRQRI UHTXLUHGILUHDFFHVV
URDGZD\VDQGK\GUDQWVWKHDSSOLFDQWVKDOOUHFHLYHFOHDUDQFHIURP WKH2&)$SULRUWREULQJLQJFRPEXVWLEOHEXLOGLQJPDWHULDOVRQVLWH &DOO 2&)$ ,QVSHFWLRQ 6FKHGXOLQJ DW ZLWK WKH 6HUYLFH 5HTXHVWQXPEHURIWKHDSSURYHGILUHPDVWHUSODQDWOHDVW ILYHGD\VLQDGYDQFHWRVFKHGXOHWKHOXPEHUGURSLQVSHFWLRQ 2&)$
3ULRU WR ILQDO LQVSHFWLRQ DQGRU &HUWLILFDWH RI 2FFXSDQF\ WKH SDUFHOV VKDOO EH IRUPDOO\ PHUJHG RU DSSURYHG IRU D /RW /LQH $GMXVWPHQW WR WKH VDWLVIDFWLRQ RI WKH &LW\ %XLOGLQJ 2IILFLDO &LW\ 3ODQQHUDQG&LW\(QJLQHHU
6&0&&KDSWHU
3XEOLF
:RUNV
3ULRUWRRFFXSDQF\
$ (PHUJHQF\ UHVSRQGHU UDGLR V\VWHP WHVWLQJ
VHUYLFH FRGH
35
2&)$
(PHUJHQF\ 5HVSRQGHU 'LJLWDO 5DGLR 6\VWHP
$Q HPHUJHQF\
UHVSRQGHUGLJLWDOUDGLR V\VWHPVKDOOEHSURYLGHGLQWKLVVWUXFWXUH 5HIHU WR &)& DQG WKH 2&&2&)$ '$6%'$ JXLGHOLQHV
DYDLODEOHDW RFIDRUJ
IRU UHTXLUHPHQWV(YLGHQFHRI FRPSOLDQFH
ZLWK HPHUJHQF\ UHVSRQGHU GLJLWDO UDGLR V\VWHP GHVLJQ DQG SHUIRUPDQFHFULWHULDVKDOOEHSURYLGHGSULRUWRRFFXSDQF\ 2&)$
7HPSRUDU\)LQDO 2FFXSDQF\ ,QVSHFWLRQV
3ULRU WR LVVXDQFH RI
WHPSRUDU\RUILQDOFHUWLILFDWHRIRFFXSDQF\DOO2&)$LQVSHFWLRQV VKDOOEHFRPSOHWHGWRWKHVDWLVIDFWLRQRIWKH2&)$LQVSHFWRUDQG EHLQVXEVWDQWLDOFRPSOLDQFHZLWKFRGHVDQGVWDQGDUGVDSSOLFDEOH 2&)$
111
5HVROXWLRQ1R3& 3DJH
([KLELW$
WR WKH SURMHFW DQG FRPPHQVXUDWH ZLWK WKH W\SH RI RFFXSDQF\
WHPSRUDU\RUILQDO
UHTXHVWHG
9HJHWDWLRQ&OHDUDQFH,QVSHFWLRQ5HOHDVH
7KHGHYHORSHUEXLOGHU
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
)XHO0RGLILFDWLRQ,QVSHFWLRQIRU2FFXSDQF\
3ULRUWRLVVXDQFHRI
WHPSRUDU\ RUILQDO FHUWLILFDWH RI RFFXSDQF\ WKH IXHOPRGLILFDWLRQ ]RQHV DGMDFHQW WR VWUXFWXUHV PXVW EH LQVWDOOHG LUULJDWHG DQG LQVSHFWHG7KLVLQFOXGHVSK\VLFDOLQVWDOODWLRQRIIHDWXUHVLGHQWLILHG LQWKHDSSURYHGSUHFLVHIXHOPRGLILFDWLRQSODQ
LQFOXGLQJEXWQRW
OLPLWHGWRSODQWHVWDEOLVKPHQWWKLQQLQJLUULJDWLRQ]RQHPDUNHUV DFFHVVHDVHPHQWVHWF
$ZULWWHQGLVFORVXUHPD\EHUHTXHVWHGE\
WKH2&)$,QVSHFWRULQGLFDWLQJWKDWWKHKRPHRZQHULVDZDUHRIWKH IXHOPRGLILFDWLRQ]RQHRQWKHLUODQGDQGWKDWWKH\DUHDZDUHRIWKH DVVRFLDWHGUHVWULFWLRQVRIWKH]RQH
2&)$
)XHO0RGLILFDWLRQ0DLQWHQDQFH
7KHSURSHUW\RZQHULVUHVSRQVLEOH
IRU DOO PDLQWHQDQFH RI WKH IXHO PRGLILFDWLRQ LQGHILQLWHO\ LQ DFFRUGDQFH ZLWK WKH DSSURYHG IXHO PRGLILFDWLRQ SODQV DQG UHFRUGHGFRYHQDQW7KHSURSHUW\RZQHUVKDOO UHWDLQDOODSSURYHG IXHOPRGLILFDWLRQSODQV$VSURSHUW\LVWUDQVIHUUHGSURSHUW\RZQHUV VKDOOGLVFORVHWKHORFDWLRQDQGUHJXODWLRQVRIIXHO
PRGLILFDWLRQ]RQHVWRWKHQHZSURSHUW\RZQHUV
2&)$
6.0 PRIOR TO RELEASE OF FINANCIAL SECURITY
$OOFDWFKEDVLQVDQGRUVWRUPGUDLQLQOHWVVKDOOEHVWHQFLOHGPDUNHG RQHLWKHUWKHWRSRIWKHFXUERUWKHFXUEIDFHDGMDFHQWWRWKHLQOHW 12 '803,1* '5$,16 72 2&($1´ $OO FDWFK EDVLQV VKDOO KDYHILOWHUEDVNHWLQVHUWVWKDWFDSWXUHOLWWHUDQGGHEULVGRZQWR PPLQVL]H
6&0&&KDSWHU
8WLOLWLHV
7KH ZDVWH GHEULV HQFORVXUH VKDOO EH RI DSSURSULDWH VL]H WR DFFRPPRGDWHELQVIRU UHF\FODEOHPDWHULDOVRUJDQLFZDVWH IRRG
DQG ODQGVFDSHWULPPLQJV
DQGWUDVK)RU UHVLGHQWLDO SURMHFWV DOO
ZDVWHELQVPXVWEHVXEVWDQWLDOO\KLGGHQIURPYLHZIURPDQ\SXEOLF 8WLOLWLHV
112
5HVROXWLRQ1R3& 3DJH
([KLELW$
VWUHHWRUDOOH\
6&0&&KDSWHU
$OO ZDWHU DQG VHZHU V\VWHPV HJ SXPS VWDWLRQV JHQHUDWRUV UHVHUYRLUV359
VHWFVKDOOEHIXOO\WHVWHGLQWKHSUHVHQFHRID
UHSUHVHQWDWLYH RI WKH 8WLOLWLHV 'HSDUWPHQW WR YHULI\ V\VWHP SHUIRUPDQFH LQ DFFRUGDQFH ZLWK GHVLJQ VSHFLILFDWLRQV 6&0&
6HFWLRQ
'HFKORULQDWHG VZLPPLQJ SRRO GLVFKDUJHV
'HFKORULQDWHG WR D
FRQFHQWUDWLRQRISSPRUOHVVS+DGMXVWHGDQGUHR[\JHQDWHG LIQHFHVVDU\DQGYROXPHWULFDOO\DQGYHORFLW\FRQWUROOHGWRSUHYHQW FDXVLQJ K\GURORJLF FRQGLWLRQV RI FRQFHUQ LQ UHFHLYLQJ ZDWHUV 6ZLPPLQJSRROFOHDQLQJZDVWHZDWHUDQGILOWHUEDFNZDVK VKDOOQRWEHGLVFKDUJHGWRWKHPXQLFLSDOVWRUPV\VWHPV $ 6DOWZDWHUSRROVDUHGLVFRXUDJHGDQGLILQVWDOOHGPD\RQO\EH GUDLQHG WR D FXUE DQG JXWWHU V\VWHP FRQQHFWHG EDFN WR WKH RFHDQ
% )UHVKZDWHU SRRO EDFNZDVK IURP WKH ILOWHU V\VWHP PD\ EH FRQQHFWHGWRWKHVDQLWDU\VHZHUWKURXJKFORVHGV\VWHPSLSLQJ %DFNZDVK ZDVWHZDWHU PD\ EH GLVFKDUJHG WR WKH VDQLWDU\ VHZHUDVORQJDVLWPHHWVWKHIROORZLQJZDWHUTXDOLW\FULWHULD
L 7KHS+LVEHWZHHQDQG
LL $OO FKHPLFDOV PXVW EH XVHG LQ DFFRUGDQFH ZLWK PDQXIDFWXUHUVSHFLILFDWLRQV
LLL &RQWDLQLQJQRPDWHULDOVZKLFKZLOOUHDGLO\VHWWOHRUFDXVH DQREVWUXFWLRQWRIORZLQVHZHUDJHIDFLOLWLHV
& 1RRSHQDLUHGVDQLWDU\VHZHUGUDLQVPD\EHLQVWDOOHGQHDUWKH PDLQWHQDQFHV\VWHPHWF
' ,I WKHUH LV D QHHG WR GUDLQ D IUHVKZDWHU SRRO LW LV EHVW WR HQFRXUDJH SRRO ZDWHU EH GLVFKDUJHG WR WKH FXUE JXWWHU +RZHYHULWPXVWPHHWWKHIROORZLQJZDWHUTXDOLW\FULWHULD
L 7KHUHVLGXDOFKORULQHGRHVQRWH[FHHGPJ/
SDUWV
SHUPLOOLRQ
LL 7KHS+LVEHWZHHQDQG
LLL 7KHZDWHULVIUHHRIDQ\XQXVXDOFRORUDWLRQ
LY 7KHUH LV QR GLVFKDUJH RI ILOWHU PHGLD RU DFLG FOHDQLQJ ZDVWHV
( 3RROZDWHUPD\DOVREHGUDLQHGWRDODQGVFDSHDUHDRUWUXFNHG DQG XVHGIRUGXVW FRQWURO RIIVLWH
VKRXOG EHIUHHRI FKORULQH
HWF
8WLOLWLHV
8WLOLWLHV
7.0 OPERATIONAL CONDITIONS OF APPROVAL
113
5HVROXWLRQ1R3& 3DJH
([KLELW$
Business License
$&LW\'LVFKDUJH3HUPLWPXVWEHREWDLQHGSULRUWRLVVXDQFHRID EXVLQHVV OLFHQVH RU DQ\ GLVFKDUJH WR WKH &LW\ VDQLWDU\ VHZHU V\VWHP
6&0&&KDSWHU
8WLOLWLHV
,IWKH SURMHFW SHUWDLQVWR FRPPHUFLDO LQGXVWULDORUPDQXIDFWXULQJ XVHWKDWPD\GLVFKDUJHKLJKVWUHQJWKFRPPHUFLDOVHZDJHWRWKH &LW\VDQLWDU\VHZDJHV\VWHPZLWKEHWZHHQILYHKXQGUHGRQH
DQGQLQHKXQGUHG
PLOOLJUDPVRI%2'SHUOLWHUWKHDSSOLFDQW
VKDOO VXEPLW DQGWKH8WLOLWLHV0DQDJHU VKDOO DSSURYH SODQVWKDW KDYH EHHQ DSSURYHG E\ WKH 6RXWK 2UDQJH &RXQW\ :DVWHZDWHU $XWKRULW\
62&:$
3UHWUHDWPHQW ,QVSHFWRU 8SRQ DSSURYDO RI
GHVLJQD&LW\'LVFKDUJH3HUPLWPXVWEHREWDLQHGSULRUWRLVVXDQFH RIDEXVLQHVVOLFHQVHRUDQ\GLVFKDUJHWRWKH&LW\VDQLWDU\VHZHU V\VWHP
6&0&&KDSWHU
8WLOLWLHV
Businesses Selling Alcoholic Beverages
7KHVDOHRIEHHUDQGZLQHDOFRKROLFEHYHUDJHVIRURQVLWHRIIVLWH FRQVXPSWLRQVKDOOEHOLPLWHGWRWKHKRXUVRI
DPWR
SP
IRURXWGRRUVHUYLFHDQG
DPWR
DP
PLGQLJKW
LQGRRUV
3ODQQLQJ
$OO HPSOR\HHV VKDOO UHFHLYH 5HVSRQVLEOH $OFRKROLF %HYHUDJH 6HUYLFH WUDLQLQJ DV RIIHUHG WKURXJK SURJUDPV HVWDEOLVKHG E\ WKH 2UDQJH&RXQW\+HDOWK&DUH$JHQF\DQG$OFRKROLF%HYHUDJH&RQWURO RIWKH6WDWHRI&DOLIRUQLD7UDLQLQJ VKDOOEHSURYLGHG DV VRRQ DV SUDFWLFDOIROORZLQJWKHKLUH GDWH RI HDFKHPSOR\HH(YLGHQFHRI VXFKWUDLQLQJ VKDOO EHPDLQWDLQHG RQVLWH GXULQJ EXVLQHVVKRXUV DQGPDGHDYDLODEOHIRULQVSHFWLRQE\DQ\FLW\RIILFLDOXSRQUHTXHVW
6&0&6HFWLRQ
&RGH
&RPS
7KHVHUYLFHDQGFRQVXPSWLRQRIDOFRKROLFEHYHUDJHVVKDOORQO\EH SHUPLWWHG LQ FRQMXQFWLRQ ZLWK IRRG VHUYLFH ZLWK VDPH IRRGV SUHSDUHG RQ VLWH 7KH IRRGV VKDOO EH DYDLODEOH DW DOO WLPHV WKDW DOFRKROLFEHYHUDJHVDUHEHLQJVHUYHG
$PDQDJHUVKDOOEHRQWKHSUHPLVHVDWDOOWLPHVDQGDYDLODEOHWR UHVSRQG WR LVVXHV UDLVHG E\ UHSUHVHQWDWLYHV IURP WKH 2UDQJH &RXQW\6KHULII¶V'HSDUWPHQW2UDQJH&RXQW\)LUH$XWKRULW\RU&LW\ RI6DQ&OHPHQWH&RGH&RPSOLDQFHGXULQJWKHKRXUVRIRSHUDWLRQ ZKHQ DOFRKRO VHUYLFH OLYH HQWHUWDLQPHQW DQGRU GDQFLQJ DUH RFFXUULQJ
7KHVH FRQGLWLRQV RI DSSURYDO VKDOO EH SRVWHG LQ D FRQVSLFXRXV ORFDWLRQFOHDUO\YLVLEOHWRHPSOR\HHVWRHQVXUHWKH\DUHLQIRUPHG &RGH
&RPS
&RGH
&RPS
&RGH
&RPS
114
5HVROXWLRQ1R3& 3DJH
([KLELW$
RIDQGDGKHUHWRUHTXLUHPHQWVDQGSROLFLHVIRUDOORSHUDWLRQVRIWKH EXVLQHVV LQFOXGLQJ EXW QRW OLPLWHG WR DQ\ OLYH HQWHUWDLQPHQW GDQFLQJDFWLYLW\RUDOFRKROVHUYLFHZKHQDSSOLFDEOH Amplified Music
7KHDSSOLFDQWVKDOOOLPLWRXWGRRUDPSOLILHGPXVLFIURP DPWR
SP IRU WKH SURSHUW\ DQG DOO XVHV $PSOLILHG PXVLF LV DXWKRUL]HG WR EH SOD\HG LQGRRUV IURP
DP WR
DP
PLGQLJKW
KRZHYHU DIWHU
SP WR
DP DOO H[WHULRU
ZLQGRZVDQGGRRUVVKDOO UHPDLQ FORVHG$GGLWLRQDOO\WKHSURMHFW PXVWFRPSO\ZLWKWKH&LW\¶V1RLVH2UGLQDQFH
Storm Water
7KHVWRUPGUDLQPDUNHUVUHTXLUHGSXUVXDQWWR&RQGLWLRQVKDOO EHPDLQWDLQHGLQJRRGFRQGLWLRQE\WKHDSSOLFDQW
Traffic and Circulation
7KH XVH RI WKH VLWH LV GHSHQGHQW XSRQ WKH SDUDPHWHUV DV HVWDEOLVKHGLQWKHSURMHFW¶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
DP25-324 & CUP25-329
ZLWKDSODQWR
DGGUHVV WKH SDUNLQJ DQGRU WUDIILF LVVXHV )XWXUH FKDQJHV LQ EXVLQHVVOLFHQVHVIRUWKLVVLWHPD\EHVXEMHFWWRQHZ&(4$UHYLHZ DQG DGGLWLRQDO GLVFUHWLRQDU\ UHYLHZWR HQVXUHWKH LPSDFWVWRWKH SXEOLFULJKWRIZD\DQGVXUURXQGLQJXVHVDUHPLWLJDWHG &RGH
&RPS
&RGH
&RPS
3XEOLF
:RUNV
3ODQQLQJ
,QWKHHYHQWWKDWYHKLFOHVWDFNLQJRURWKHULVVXHVFDXVHFLUFXODWLRQ DQGRU TXHXHLQJFURZGLQJ RQWR WKH SXEOLF VWUHHWV WKHQ WKH EXVLQHVVRZQHUZLOOEHUHTXLUHGWRPHHWZLWK&LW\VWDIIDQGSURSRVH VROXWLRQV IRU LPSOHPHQWDWLRQ LQFOXGLQJ EXW QRW OLPLWHG WR LQFUHDVLQJ WKH QXPEHU RI VWDII PRGLILFDWLRQV WR WKH SDUNLQJ PDQDJHPHQWSODQDQGRSHUDWLRQVEXVLQHVVPRGHOPRGLILFDWLRQV HWF$VSDUWRIWKLVFRQGLWLRQWKHUHVKDOOEHQRVWDJLQJRUDFWLYLWLHV ZLWKLQ WKH VWUHHW DQG VLGHZDON ULJKW RI ZD\ 0RGLILFDWLRQ PD\ 3XEOLF
:RUNV
115
5HVROXWLRQ1R3& 3DJH
([KLELW$
LQFOXGH WKH DGGLWLRQ RI UHPRYDEOH EROODUGV RU RWKHU VXFK LPSURYHPHQWV WR UHVWULFW WUDIILF IORZ LQWR WKH WUDVK DQG GHOLYHU\ ORDGLQJDUHDHWF
6&0&&KDSWHU
1R JDWHV RU YHKLFOH SURKLELWLYH GHYLFHV DUH DOORZHG DW WKH PDLQ JDUDJHHQWUDQFHXQOHVVVSHFLILFDOO\DSSURYHGE\WKH&LW\3ODQQHU DQG&LW\(QJLQHHU
3XEOLF
:RUNV
7KH$SSOLFDQW
LQFOXGLQJDQ\SURSHUW\RZQHUVDQGPDQDJHUVDQG
WKHLU GHVLJQHHV
VKDOO HQVXUH WKDW GLVFKDUJH RI ZDVKZDWHU DQG
RWKHU SROOXWDQWV DUH SURKLELWHG IURP HQWHULQJ WKH VWRUP GUDLQ V\VWHP$SSOLFDQWPXVW SUHYHQW SROOXWDQWV
HJ VHGLPHQWWUDVK
IRRG ZDVWH HWF
DQG DQ\ ZDVKZDWHU XVHG GXULQJ FOHDQXS IURP
HQWHULQJWKHVWRUPGUDLQV\VWHP
6&0&&KDSWHU
3XEOLF
:RUNV
$OO ODQGVFDSLQJ DQG WUHHV VKDOO EH PDLQWDLQHG E\ WKH SURSHUW\ RZQHU7KLVLQFOXGHVDQ\ODQGVFDSLQJDQGWUHHVZLWKLQWKHSXEOLF ULJKWRIZD\RUFRQVLGHUHGµVWUHHWWUHHV¶/DQGVFDSLQJLQWKHDUHD LPPHGLDWHO\DGMDFHQWWRWKHGULYHZD\H[LWVKDOOEHPDLQWDLQHGWR SURWHFW WKH YHKLFOH OLQH RI VLJKW RI SHGHVWULDQV RQ WKH SXEOLF VLGHZDON
6&0&&KDSWHU
3XEOLF
:RUNV
'LVFKDUJH RI WKH VZLPPLQJ SRRO RU VLPLODU ZDVWHZDWHU LQWR WKH PXQLFLSDO VHZHU RU VWRUP GUDLQ V\VWHPV VKDOO QRW EH FRQGXFWHG XQOHVV WKH VLWH RSHUDWRU JHWV DSSURYDO IURP WKH &LW\ 8WLOLW\ 'HSDUWPHQW'LVFKDUJHLVVXEMHFWWRWHVWLQJUHTXLUHPHQWVSHUWKH ODWHVWDGRSWHGLQGXVWU\DQGVWDWHUHJXODWLRQV
8WLOLWLHV
'HQRWHVDPRGLILHG6WDQGDUG&RQGLWLRQRI$SSURYDO
'HQRWHVDSURMHFWVSHFLILF&RQGLWLRQRI$SSURYDO
116
2 5($/
(
$9(1,'$
3,&2
$9(1,'$ (67$&,21
%2&$ '( /$ 3/$<$
&$//( '(6+(&+$
$9(1,'$ (67$&,21
1 (/ &$0,12 5($/
( $9(1,'$
&$//(
/$
*
2 &$//(
&2/,1$
&$//( '( /26 02/,1
&$
&$/
/26 2%5(526
$9(1,'$ '(/ 5(3262
$9(1,'$ +$&,(1'$
$9 (1,'$ '(/
$
9(1,'$
)/25(1
&,$
$9(1,'$ 3
%8(1$ 9,67
&$//(
&2/,1$
&$//( 6$&5$ 0(172
',-( &7
2 5($/
(
$9(1,'$
3,&2
$9(1,'$(67$&,
$(67$&,2
%2&$'(
$
(/$ '
3/$<$
&$//( '(6+(&+$
(1,' 21 , &$ $9(1,'$ (67
&, $
21 (67$&,21
1 (/ &$0 1 (/ &$0,12 5($/ 12 5($/
( $9(1,'$
&$//(
$/
*
2 &$/
(
&2/&
/, 2
,1$
&$//( '( /26 02
/( '( /26 2/ 0,1
&$
&$/
/26 2%5(526
$9(1,'$ '(/ 5(32
5(3262
$9(1 $ +$&$9(1,'$+$& (1'$ ,
$9 (1,'$ '(/
$
9(1,'9(1,'$
)/25(1
&,$
$9(1,'$$9(1,'$ 3
%8(1$
9,67
1$
9,67
&$//(&$//( &$&2/
&
///,1($
&$//( 6$&5$ 0(172
',-(
,-(&7
&LW\RI6DQ&OHPHQWH&RPPXQLW\0DS
&LW\ RI 5LYHUVLGH &RXQW\ RI 5LYHUVLGH (VUL +(5( *DUPLQ L3& 0D[DU (DJOH$HULDO
3DUFHO/DEHOV
3DUFHOV
:RUOGB%RXQGDULHVBDQGB3ODFHV
&LW\%RXQGDU\
2XWVLGH&LW\0DVN
(DJOHIW7LOHG
5HG
%DQGB
*UHHQ
%DQGB
%OXH
%DQGB
30
PL
NP
:HE$SS%XLOGHUIRU$UF*,6
(DUWKVWDU*HRJUDSKLFV_(DJOH$HULDO_67/8_(VUL_(VUL+(5(*DUPLQ_ ATTACHMENT 2
117
ATTACHMENT 3
118
119
120
121
122
123
ATTACHMENT 4
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
$JHQGD,WHP
$
67$))5(3257
'(6,*15(9,(:68%&200,77((
3/$11(5
68%-(&7
0HHWLQJ'DWH
$SULO
-RKQ&LDPSD&RQWUDFW3ODQQHU
0DVWHU 3URMHFW
03 7KH +DQVRQ +RWHO $ UHTXHVW
IRUWKH'HVLJQ5HYLHZ6XEFRPPLWWHHWRUHYLHZWKHGHVLJQDQG SURYLGH UHFRPPHQGDWLRQVIRU DWKUHHVWRU\ ERXWLTXH KRWHOWKDW LQFOXGHV URRPV URRIWRS UHVWDXUDQW FDIp VXEWHUUDQHDQ SDUNLQJ JDUDJH DQG DVVRFLDWHG VLWH LPSURYHPHQWV DW RQ D YDFDQWORWDW1RUWK(O&DPLQR5HDO
%$&.*5281'
7KHVXEMHFWVLWHLVORFDWHGDWWKHSURPLQHQWQRUWKZHVWFRUQHURI 1RUWK(O&DPLQR5HDO DQG$YHQLGD3LFRLQWKH1RUWK%HDFK1RUWK(O&DPLQR5HDO)RFXV$UHD6XUURXQGLQJODQG XVHVLQFOXGHFRPPHUFLDOGHYHORSPHQWWRWKHZHVWDQGVRXWKDFDUZDVKWRWKHHDVWDQG WKH6HJXQGD'HVKHFKD&DxDGD&KDQQHOWRWKHQRUWK7KHYDFDQWSDUFHOLVORFDWHGLQWKH 1RUWK%HDFKJDWHZD\DORQJWKH$YHQLGD3LFR6FHQLF&RUULGRUDQGZLWKLQWKH$YHQLGD 3LFR3XEOLF9LHZ&RUULGRUDFFRUGLQJWRWKH&LW\¶V*HQHUDO3ODQDQG&HUWLILHG&RDVWDO/DQG 8VH3ODQ
/83
7KHVLWHLV]RQHG0L[HG8VHZLWKDQ$UFKLWHFWXUDO&HQWUDO%XVLQHVV DQG&RDVWDO=RQH2YHUOD\V
08$&%&=
7KH]RQHDOORZVDPD[LPXPEXLOGLQJKHLJKW
RI IHHW DQG PD[LPXP SODWH KHLJKW RI IHHW 7KH SURSRVHG SURMHFW UHTXLUHV D 'HYHORSPHQW3HUPLW
'3
DQG&RQGLWLRQDO8VH3HUPLW
&83
7KHVLWHKDVDKLVWRU\RIGHYHORSPHQWSURSRVDOVZLWKWKHPRVWUHFHQWSURMHFWUHYLHZVE\ '56&RFFXUULQJLQDQG6LQFHWKHUHYLHZWKHDSSOLFDQWKDVUHYLVHGWKH SURMHFW¶VGHVLJQLQ UHVSRQVHWRIHHGEDFNIURP&LW\ VWDIIWKH'56&DQGWKH&DOLIRUQLD &RDVWDO &RPPLVVLRQ
&&&
6WDII FRRUGLQDWHG ZLWK WKH &&& RQ WKH HYDOXDWLRQ RI WKH SURMHFWLQFOXGLQJVHYHUDOYLUWXDOPHHWLQJVDQGRQHRQVLWHPHHWLQJLQ7KH&&&VWDII HPSKDVL]HGSURYLVLRQRIDIIRUGDEOHURRPVRQVLWHDQGSURWHFWLQJEOXHZDWHURFHDQYLHZV IURP WKH$YHQLGD 3LFR 6FHQLF &RUULGRU DQG 3XEOLF 9LHZ &RUULGRU ,Q UHVSRQVH WR WKH IHHGEDFNSURYLGHGWKHDSSOLFDQWKDVH[SDQGHGWKHKRWHOIURP WR URRPVZLWK
SHUFHQWIRUDIIRUGDEOHRYHUQLJKWDFFRPPRGDWLRQVDQGUHGXFHGWKHPDVVLQJWRRQHVWRU\ DORQJ$YHQLGD3LFRWRRSHQ XSDGGLWLRQDOEOXHZDWHURFHDQ YLHZV LQWKH$YHQLGD3LFR 9LHZ&RUULGRU$GGLWLRQDOO\DSURWHFWHGORDGLQJDUHDLVSURYLGHGDORQJWKH1(O&DPLQR 5HDOIURQWDJHDQGUHILQHPHQWVZHUHPDGHWRDUFKLWHFWXUHDQGODQGVFDSLQJ 1 Land Use Plan see Chapter 6 Scenic Resources
2 Previously considered projects Dec. 14, 2022 DRSC Staff Report and Plans, Aug. 29, 2018 DRSC Staff Report ATTACHMENT 7
144
$JHQGD,WHP
$
5HYLVHG3URMHFW6FRSH
7KHPRGLILHGSURMHFWVFRSHLQFOXGHVWKHIROORZLQJ
x URRPKRWHO
VTIW
WKUHHVWRULHVDWIHHWWDOO
x 6HFRQGOHYHOURRIWRSUHVWDXUDQW
VTIW
x *URXQGIORRUFDIpDQGZDONXSFDIp
DSSUR[VTIWWRWDO
x 6XEWHUUDQHDQSDUNLQJVWUXFWXUH
VWDOOV
DSSUR[
VTIW
x /RDGLQJDUHDDORQJ1(O&DPLQR5HDO
x 6FUHHQHGVWDJLQJDUHDIRUGXPSVWHUVDGMDFHQWWRWKHORDGLQJDUHD 3URMHFW(YROXWLRQ&RPSDULVRQ$UHDO9LHZ
'HVLJQ8SGDWHG'HVLJQ 3URMHFW(YROXWLRQ&RPSDULVRQ$UHDO9LHZ
'HVLJQ8SGDWHG'HVLJQ $1$/<6,6
$UFKLWHFWXUH
7KHDSSOLFDQWKDVLPSURYHGWKHRYHUDOODUFKLWHFWXUHE\VWHSSLQJWKHVWUXFWXUH¶VPDVVLQJ DZD\ IURP$YHQLGD 3LFR DQG HOHYDWHG WKH SRRO DERYH WKH VWUHHW OHYHO DPRQJ RWKHU 145
$JHQGD,WHP
$
PRGLILFDWLRQV WR UHVSRQG WR WKH '56& JXLGDQFH SURYLGHG LQ 7DEOH EHORZ VXPPDUL]HVWKHDSSOLFDQW¶VUHVSRQVHVWRSULRU'56&SURMHFWIHHGEDFNLQ)RUPRUH LQIRUPDWLRQVHH$WWDFKPHQW
7DEOH
5HVSRQVHVWR'56&&RPPHQWV
7RSLF '56&&RPPHQW $SSOLFDQW5HVSRQVH
$FFHVVDQG
&LUFXODWLRQ
7UDIILFDQDO\VLVUHTXLUHG
(YDOXDWHDFFHVVQHHGV
LQFOXGLQJ8WXUQ
PRYHPHQWV
7UDIILFVWXG\FRPSOHWHG
DOOLQWHUVHFWLRQV
PHHW/26&RUEHWWHU
&LW\VWDQGDUG
/26
'
$GHGLFDWHGORDGLQJDUHDKDVEHHQ
DGGHGIRUGHOLYHULHV1R8WXUQSURSRVHGDW
$YHQLGD(VWDFLRQ
9LHZ
&RUULGRU
/LQHRI6LJKW
(YDOXDWHYLVXDOLPSDFWV
IURP$YHQLGD3LFRDQG
PDLQWDLQFRQWLQXRXV
RFHDQKRUL]RQ
3URMHFWPRGLILHGWRFRQIRUPWR&LW\/83
0DMRU6FHQLF&RUULGRUDQG3XEOLF9LHZ
&RUULGRUSROLFLHV0DVVLQJVWHSSHGDZD\
IURP$YH3LFR7ZRFKLPQH\IHDWXUHV
H[FHHG
KHLJKWE\¶
´
/DQGVFDSLQJ
1RUWK
(OHYDWLRQ
(PSKDVL]HODQGVFDSLQJ
DORQJWKHUHDUHOHYDWLRQ
WRVRIWHQWKHEXLOGLQJ¶V
DSSHDUDQFHIURP
DGMDFHQWDUHDV
1DWLYHODQGVFDSLQJSODQSURYLGHGXVLQJ
UHJLRQDOO\DSSURSULDWHSODQWVSHFLHVWR
VRIWHQEXLOGLQJPDVVDORQJWKHGUDLQDJH
FKDQQHODQGFRPPXQLW\HGJH $GGLWLRQDO
YHUWLFDOODQGVFDSLQJFRXOGEHSURYLGHG 6HH
SDJHRIDWWDFKPHQW
)RXU6LGHG
$UFKLWHFWXUH
(QVXUHGHVLJQTXDOLW\RQ
DOOHOHYDWLRQV
$OOHOHYDWLRQVDUHXQLTXHO\DUWLFXODWHGZKLOH
PDLQWDLQLQJDFRKHVLYHGHVLJQ ODQJXDJH
7\SLFDO6SDQLVK&RORQLDO5HYLYDOPDWHULDOV
SURSRVHGLQFOXGLQJVWXFFRZRRGGHWDLOLQJ
LURQZRUNDQGWHUUDFRWWDURRIHOHPHQWV
*DWHZD\
0RQXPHQW
)HDWXUH
&RQVLGHULQFRUSRUDWLQJ
VLJQDJHRUDUWDVD
JDWHZD\HOHPHQW
3XEOLFDUWHOHPHQWVDQGJDUGHQSOD]D
VXSSRUWJDWHZD\DQGSODFHPDNLQJJRDOV
2SSRUWXQLWLHVIRUVLJQDJHDQGSXEOLFDUW
DORQJWKHZHVWHOHYDWLRQ
9LVXDO
$QDO\VLV
5HQGHULQJV
3URYLGHVLPXODWLRQV
VKRZLQJKHLJKWDQG
YLVLELOLW\IURP$YHQLGD
3LFRDQG3LFR3DUN
5HQGHULQJV
6KHHWV$DWR$J
VXEPLWWHG9LVXDODQDO\VLVFRQILUPV
FRQIRUPDQFHZLWKKHLJKWOLPLWVDQG
LOOXVWUDWHVPLQLPDOLPSDFWWRWKH0DMRU
6FHQLF&RUULGRUDQG3XEOLF9LHZ&RUULGRU
&RDVWDO
&RPPLVVLRQ
&RQVLVWHQF\
'HPRQVWUDWHKRZWKH
DUFKLWHFWXUHFRQWULEXWHV
WRWKHVFHQLFFKDUDFWHURI
WKHFRUULGRU
3URMHFWLQFOXGHVDIIRUGDEOHXQLWVSXEOLF
YLHZRSSRUWXQLWLHVPXOWLPRGDODFFHVVDQG
6SDQLVK&RORQLDO5HYLYDOHOHPHQWVDOLJQHG
ZLWK&RDVWDO$FWDQG/83SROLFLHV
6WUHHW/HYHO
'HVLJQ
3RRO$UHD
(OHYDWHKRWHOURRPVDQG
SRRODUHDDORQJ(O
&DPLQR5HDOIRUYLVXDO
EXIIHU
FRQVLGHUGHVLJQ
UHIHUHQFHVOLNH+LOWRQ+%
3URMHFWGHVLJQLQFRUSRUDWHVWUDQVLWLRQVLQ
KHLJKWDQGPDWHULDOLW\/DQGVFDSHEXIIHUV
DQGVWHSSHGPDVVLQJVRIWHQWKHIURQWDJH
DQGHQKDQFHSHGHVWULDQH[SHULHQFH
146
$JHQGD,WHP
$
3URMHFW$VVHVVPHQWZLWKWKH0DMRU6FHQLF&RUULGRUDQG3XEOLF9LHZ&RUULGRU 7KHVLWHLVDGMDFHQWWRWKH$YHQLGD3LFR0DMRU6FHQLF&RUULGRUDQG3XEOLF9LHZ&RUULGRU WKHUHIRUH/83SROLFLHVDSSO\IRUWKHFRQVHUYDWLRQRISXEOLFYLHZVDQGWKHFRUULGRU¶VYLVXDO TXDOLW\6HH$WWDFKPHQWIRU/83SROLFLHV9,69,69,69,6DQG9,67KH DSSOLFDQWSURSRVHVDGGLWLRQDOURRPVRQWKHILUVWDQGVHFRQGOHYHOVWRDFFRPPRGDWH WKH &&&¶V DIIRUGDEOH RYHUQLJKW DFFRPPRGDWLRQV UHTXLUHPHQW 7KH DGGHG URRPV DUH ORFDWHGDGMDFHQWWR$YHQLGD3LFRZKHUHDFDIpZDVSUHYLRXVO\SURSRVHGDQGUHPDLQZLWKLQ WKHVDPHJHQHUDOIRRWSULQWRIWKHGHVLJQ$GGLWLRQDOO\WKHPDVVLQJZDVPRGLILHGWR VWHS XS DQG DZD\ IURP$YHQLGD 3LFR WR LPSURYH WKH YLHZ FRUULGRU7KH DSSOLFDQW KDV LQFRUSRUDWHG VLPXODWLRQV LQWR WKH SURMHFW SODQV
VHH VKHHWV$D WKURXJK$J
WR
DVVHVVSRWHQWLDOYLHZLPSDFWVWRWKHFRUULGRU:KLOHWKHUHYLVHGGHVLJQLQWURGXFHVVRPH YLHZ REVWUXFWLRQ LW DOVR SURYLGHV WLHUHG EXLOGLQJ PDVVLQJ SXEOLF YLHZ WHUUDFHV WUDQVSDUHQWVWDLUFDVHVDQGDURRIWRSUHVWDXUDQWRSHQWRWKHSXEOLFWRPLWLJDWHSRWHQWLDO LPSDFWV7KH/83SROLFLHVDFNQRZOHGJHWKDWWKHUHPLJKWEHSRWHQWLDOLPSDLUPHQWVWRWKH 0DMRU6FHQLF&RUULGRUDQG3XEOLF9LHZ&RUULGRUDQGQRWHV³ZKHUHSURWHFWLRQRI YLVXDO FKDUDFWHUDQGDHVWKHWLFUHVRXUFHVLVQRWIHDVLEOHLPSDFWVVKRXOGEHPLWLJDWHG´ 7KH3XEOLF9LHZ&RUULGRU,PSDFW$QDO\VLV
$WWDFKPHQW
ZDVGHYHORSHGE\ VWDIIDVD
JXLGDQFHWRRODQGZKLOHQRWIRUPDOO\DGRSWHGKDVEHHQXWLOL]HGLQWKHHYDOXDWLRQRIRWKHU SURMHFWV +RZHYHU WKH *HQHUDO 3ODQ DQG /RFDO &RDVWDO 3URJUDP /83
SURYLGH WKH
IRUPDOO\HVWDEOLVKHGSROLFLHVWKDWVHUYHDVWKHEDVLVIRUHYDOXDWLQJWKLVSURMHFWDQGIXWXUH SURSRVDOV
)LJXUH
3XEOLF9LHZ&RUULGRUV
7KH &LW\¶V &HUWLILHG /83 LQFOXGHV SROLFLHV WKDW SURYLGH IOH[LELOLW\ IRU GHYHORSPHQW WKDW ZRXOGREVWUXFW6FHQLF&RUULGRUVDQG6FHQLF5RDGZD\V
VHHSROLFLHV LQ$WWDFKPHQW
147
$JHQGD,WHP
$
7KHSURMHFWVLWHLVLQDXQLTXHORFDWLRQWKDWPDNHVLWGLIILFXOWWRGHYHORSDILQDQFLDOO\YLDEOH SURMHFWWKDWSUHVHUYHVDPDMRULW\RIH[LVWLQJEOXHZDWHURFHDQYLHZVVLQFHWKHVLWHVLWV DGMDFHQW WR WKH $YHQLGD 3LFR 6FHQLF &RUULGRU ZKHUH WKH VWUHHW VHJPHQW LV FXUYHG GRZQZDUGWRZDUGVWKHRFHDQ
6WDII¶V SRVLWLRQ LV WKDW WKH SURMHFW FRPSOLHV ZLWK WKH /83 SROLFLHV E\ PLQLPL]LQJ YLHZ LPSDFWV7KH SURMHFW SUHVHUYHV RFHDQ YLHZVIURPWKH$YHQLGD3LFR KLOOVLGH ZKHUHWKH GHVLJQDWHGYLHZVKHGVWDUWV
LHFLUFOHLQ)LJXUHDERYH
7KHRFHDQYLHZLVILUVWYLVLEOH
DQGH[SDQVLYHIURPWKLVSRLQWEHIRUHWUDYHOLQJRYHUDQGGRZQWKH$YHQLGD3LFRKLOOVLGH WRZDUG 1RUWK (O &DPLQR 5HDO 7KLV LV ZKHUH WKH YLHZ LV RI PRVW VFHQLF YDOXH WR WKH $YHQLGD3LFR&RUULGRU
VHHFLUFOHRQ)LJXUHDERYH
:KLOHWKHSURMHFWREVWUXFWVSRUWLRQV
RIWKHRFHDQYLHZVHDZDUGRIWKLVSRLQWWKHSURMHFWLVGHVLJQHGWRPLQLPL]HYLHZLPSDFWV E\RQO\KDYLQJRQHVWRU\VWUXFWXUHVDGMDFHQWWR$YHQLGD3LFRDQGVWHSSLQJWKHEXLOGLQJ XSWRWKUHHVWRULHVDORQJWKHQRUWKVLGHRIWKHVLWHDZD\IURP$YHQLGD3LFR 6LGHZDON:LGWK
7KH DSSOLFDQW SURSRVHV LQWHUORFNLQJ SDYHU VLGHZDONV DORQJ WKH SURMHFW IURQWDJH FRQVLVWHQWZLWKWKH&LW\¶VVWDQGDUGIRUWKLVDUHD7KHSURSRVHGVLGHZDONZLGWKLVIRXUIHHW VL[LQFKHVWRPDWFKWKHH[LVWLQJFRQGLWLRQ+RZHYHUWKH&LW\¶V%LNHDQG3HGHVWULDQ0DWHU 3ODQUHFRPPHQGVWKDWVLGHZDONVLQKLJKSHGHVWULDQDFWLYLW\DUHDVVKRXOGEHDPLQLPXP RIVL[WRWHQIHHWLQZLGWK3XEOLFZRUNVKDVUHTXHVWHGWKHDSSOLFDQWWRZLGHQWKHVLGHZDON WRDPLQLPXPRIVL[IHHWDQGFRQVLGHUORFDWLQJVWUHHWWUHHVZLWKLQSULYDWHSURSHUW\VHWEDFNV WRDFFRPPRGDWHERWKSHGHVWULDQFLUFXODWLRQDQGODQGVFDSHUHTXLUHPHQWV /DQGVFDSLQJ
7KH DSSOLFDQW SURSRVHV DQDOWHUQDWLYH VWUHHWWUHH VSHFLHVWRWKRVH OLVWHG LQWKH6FHQLF &RUULGRU0DVWHU /DQGVFDSH3ODQ ZKLFK VSHFLILHV:DVKLQJWRQLD UREXVWD 0H[LFDQ)DQ
3DOP
3XEOLF:RUNV DQG )DFLOLWLHV 0DLQWHQDQFH VWDII KDYH H[SUHVVHG VXSSRUW IRU WKH SURSRVHG1HZ=HDODQG&KULVWPDV7UHHDQG3KRHQL[GDFW\OLIHUD 'DWH3DOP
FLWLQJLWV
ORZHUKHLJKWOLPLWHGPDLQWHQDQFH UHTXLUHPHQWVDQGPLQLPDOLPSDFWRQ FRDVWDO YLHZV 6WDIIUHFRPPHQGVWKDWZKHUHIHDVLEOHUHTXLUHGVWUHHWWUHHVEHORFDWHGZLWKLQWKHSURMHFW VLWHWRPD[LPL]HVLGHZDONZLGWK
$WWKH'56&PHHWLQJWKH6XEFRPPLWWHHUHFRPPHQGHGLQFRUSRUDWLQJODQGVFDSLQJ DORQJWKHUHDUHOHYDWLRQRIWKHEXLOGLQJWRVRIWHQWKHVWUXFWXUH¶VYLVXDOLPSDFWDQGLQWHJUDWH LWLQWRWKHDGMDFHQWQDWXUDOVHWWLQJ7KHDSSOLFDQWSURSRVHVDSODQWLQJGHVLJQ VHHVKHHWV
/WKURXJK/RI$WWDFKPHQW
WKDWSULRULWL]HVOD\HULQJQDWLYHSODQWVSHFLHV)LQDOSODQW VHOHFWLRQVDUHUHTXHVWHGE\WKHDSSOLFDQWWREHSURSRVHGGXULQJWKHGHVLJQGHYHORSPHQW SKDVH
148
$JHQGD,WHP
$
6WDIIVHHNV'56&LQSXWRQWKHFRPSDWLELOLW\RIWKHSURSRVHGODQGVFDSLQJDQGVWUHHWWUHH VSHFLHVZLWKWKHRYHUDOOGHVLJQDQGZKHWKHUFRQGLWLRQVRIDSSURYDOVKRXOGEHDGGHGWR HQVXUHDGHTXDWHVFUHHQLQJLVDFKLHYHGXVLQJDSSURSULDWHSODQWPDWHULDOV 0HFKDQLFDO6FUHHQVWR0LPLF&KLPQH\V
7KH DSSOLFDQW SURSRVHV DUFKLWHFWXUDOO\ VW\OHG FKLPQH\V RQ WKH VHFRQGDQGWKLUG IORRU URRIV WR VFUHHQ H[KDXVW YHQWV IRU ODXQGU\ DQG PHFKDQLFDO HTXLSPHQW :KLOH WKHVH VFUHHQVDUHQRWIXQFWLRQDOWKH\DUHGHVLJQHGWRORRNOLNHWUDGLWLRQDOFKLPQH\V3HU6HFWLRQ RIWKH=RQLQJ&RGHFKLPQH\VDUHSHUPLWWHGWRH[FHHGWKHPD[LPXPEXLOGLQJ KHLJKW OLPLW E\ XSWRWZRIHHW &KLPQH\VPD\ HQFURDFKPRUHWKDQWZRIHHW DERYHWKH KHLJKW OLPLW ZLWK DSSURYDO RI D &RQGLWLRQDO 8VH 3HUPLW &83
$V SURSRVHG WKH WZR
IHDWXUHVORFDWHGRQWKHQRUWKHUQWKUHHVWRU\URRIHOHPHQWH[FHHGWKHIRRWKHLJKWOLPLW E\WZRIHHWQLQHLQFKHV6WDIIUHTXHVWV'56&IHHGEDFNRQZKHWKHUWKHVFUHHQVVKRXOG EHHOLJLEOHIRUWKHHQFURDFKPHQWVWDQGDUGVWKDWDUHDOORZHGIRUFKLPQH\V 3ODWH+HLJKW
7KH DSSOLFDQW UHTXHVWV WKDWWKH SODWH KHLJKW EH PHDVXUHGIURP WKH WRS RI WKH LQWHULRU FHLOLQJUDIWHUVWRDOORZXQLTXHDUFKLWHFWXUDOIHDWXUHVWKHDSSOLFDQWGHVFULEHVDV³HOHYDWHG KHHOV´3HU6HFWLRQRIWKH=RQLQJ2UGLQDQFHWKHSODWHOLQHLVGHILQHGDV³7KH WRSRIWKHKLJKHVWKRUL]RQWDOIUDPLQJPHPEHURUVROLGZDOORIDEXLOGLQJRUVWUXFWXUHRUSDUW WKHUHRI XSRQ ZKLFK URRI EHDPV RU FHLOLQJ UDIWHUV UHVW )HDWXUHV H[FOXGHG IURP PHDVXUHPHQWXQGHUWKLVGHILQLWLRQVKDOOLQFOXGHJDEOHHQGVVORSLQJURRIVSDUDSHWZDOOV DQGRWKHUYHUWLFDOH[WHQVLRQVZKLFKDUHQRUPDOO\FRQWUROOHGE\OLPLWVRQURRIKHLJKWDVVHW IRUWKLQWKLVVHFWLRQ´6WDIIVHHNVWKH'56&¶VLQWHUSUHWDWLRQDVWRZKHWKHUWKHDSSOLFDQW¶V SURSRVHGPHDVXUHPHQWDSSURDFKLVFRQVLVWHQWZLWKWKHLQWHQWRIWKH=RQLQJ&RGHDQG ZKHWKHUWKHSURMHFWFRPSOLHVZLWKWKHPD[LPXPDOORZDEOHIRRWSODWHKHLJKWOLPLW *DWHZD\3ROLFLHV
7KH &LW\ &RXQFLO KDV UHFHQWO\ H[SUHVVHG LQWHUHVW LQ HVWDEOLVKLQJ D IRUPDO *DWHZD\ 2YHUOD\IRUWKLV DUHD
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¶VDJUHHPHQW,QSXWLVUHTXHVWHG 149
$JHQGD,WHP
$
RQWKHW\SH DQG ORFDWLRQ RI DUW RU RWKHU HOHPHQWVWKDW ZRXOGHQKDQFHWKH DUHD DV D JDWHZD\
%XLOGLQJDQG)LUH&RGH&RPSOLDQFH
7KH %XLOGLQJ 'LYLVLRQ DQG 2UDQJH &RXQW\ )LUH$XWKRULW\ 2&)$
KDYH QRWHG WKDW WKH
FRQFHSWXDOSODQVVXEPLWWHGIRUHQWLWOHPHQWUHYLHZGRQRWSURYLGHVXIILFLHQWGHWDLOWRIXOO\ HYDOXDWHFRPSOLDQFHZLWKDSSOLFDEOH%XLOGLQJDQG)LUHFRGHV:KLOHWKLVOHYHORIGHWDLOLV QRWUHTXLUHGXQWLOEXLOGLQJSHUPLWVXEPLWWDOERWKDJHQFLHVKDYHDGYLVHGWKDWH[WHULRUZDOOV PXVW FRPSO\ ZLWK &DOLIRUQLD %XLOGLQJ &RGH
&%&
6HFWLRQ ZKLFK DGGUHVVHV ILUH
UHVLVWDQFHUDWLQJVDQGWKHSURWHFWLRQRIH[WHULRURSHQLQJV6SHFLILFDOO\RSHQLQJVDUHQRW SHUPLWWHG LQ ILUHUDWHG ZDOOV ORFDWHG OHVV WKDQ WKUHH IHHW IURP WKH SURSHUW\ OLQH$Q\ SURSRVHG GHYLDWLRQ IURP WKLV VWDQGDUG ZLOO UHTXLUH GHWDLOHG PHDQV DQG PHWKRGV GRFXPHQWDWLRQGXULQJWKHEXLOGLQJSHUPLW UHYLHZSURFHVV7KHFXUUHQWGUDZLQJVGRQRW PHHWWKLVUHTXLUHPHQWDQGZLOOQHHGWREHUHYLVHGDFFRUGLQJO\ 5(&200(1'$7,21
6WDII UHTXHVWV '56&¶V IHHGEDFN RQ WKH IROORZLQJ LVVXHV DQG UHFRPPHQGDWLRQV RQ ZKHWKHUWKLVSURMHFWVKRXOGPRYHIRUZDUGWRDSXEOLFKHDULQJDVDQH[WVWHSLQWKHUHYLHZ
SURFHVV
$SSOLFDQW¶VDUFKLWHFWXUDOUHYLVLRQV
3URMHFWFRPSOLDQFHZLWKWKH9LHZ&RUULGRU3ROLFLHV 9,69,69,69,6
DQG9,6
$GHTXDF\RISURSRVHGVLGHZDONZLGWKDQGWUHHSODFHPHQW $SSURSULDWHQHVVRIWKHDOWHUQDWLYHWUHHVSHFLHV
$FFHSWDELOLW\RIWKHFKLPQH\KHLJKWH[FHSWLRQIRUPHFKDQLFDOVFUHHQLQJ &RPSOLDQFHZLWKSODWHKHLJKWUHJXODWLRQV
2YHUDOODUFKLWHFWXUDOFRQVLVWHQF\ZLWK6SDQLVK&RORQLDO5HYLYDOVWDQGDUGV
$WWDFKPHQWV
9LFLQLW\0DS
/833ROLFLHVIRU6FHQLF&RUULGRUVDQG3XEOLF9LHZ&RUULGRUV $SSOLFDQW3URMHFW1DUUDWLYHDQG5HVSRQVHWR'56&&RPPHQWV 3XEOLF9LHZ&RUULGRU,PSDFW$QDO\VLV
&RQFHSWXDO3URMHFW3ODQV
150
ATTACHMENT 1
VICINITY MAP
151
LAND USE PLAN 6.3 POLICIES
6.3.1 Visual Resources
VIS-1 Visual Character and Aesthetic Resources Preservation. New development shall be designed to preserve the visual character and aesthetic resources of the City’s coastal zone including preservation of the physical features of coastal bluffs and canyons, and where feasible, enhance and restore scenic and visual qualities of the coastal zone, including to and along the ocean and coastal bluffs, visually significant ridgelines, and coastal canyons, open spaces, prominent, mature trees on public lands, and designated significant public views (as identified on Figure 6-1 Scenic Gateways and Corridors, Figure 6-2-A Public View Corridors and Figure 6-2-B Public View Corridors). Where protection of visual character and aesthetic resources is not feasible, impacts should be mitigated.
VIS-2 Scenic Corridors and Scenic Roadways. Enhance and protect existing locally designated Scenic Corridors and Scenic Roadways and identify opportunities for the designation of new Scenic Corridors and Scenic Roadways. Any roadway designated as a new Scenic Corridor or Scenic Roadway shall: 1) identify scenic roadways, 2) describe significant visuallinkages between the resources and amenities of San Clemente, and 3) establish objective design and landscaping criteria to maintain quality visual experiences along such corridors through appropriate landscaping, enhancement and protection of public views.
VIS-6 Public View Corridors. New development shall preserve and improve the Public View Corridors, as designated on the Public View Corridors Map (Figure 6-2-A Public View Corridors and Figure 6-2-B Public View Corridors). Additional Public View Corridors to and along the shoreline and/or scenic coastal areas may be identified through the regulatory process. The City shall preserve and improve Public View Corridors on public property, specifically, in its capital improvements programs and discretionary approvals. The City shall also encourage other agency planning efforts to do so to the maximum extent feasible. New development shall implement the following visual protection measures:
a. New development including buildings and landscaping shall be sited and designed to avoid or minimize impacts to public views. Siting and design of buildings and landscape shall avoid impacts on Public View Corridors to the extent feasible and blend man-made and man-introduced features with the natural environment. New development shall require a view analysis to ensure that the development avoids or reduces impacts on Public View Corridors. b. Utilities, traffic signals, and public and private signs and lights shall not adversely impact Public View Corridors, consistent with safety needs.
c. Where important public vistas of distant landscape features occur along streets, street trees shall be selected and planted so as to facilitate viewing of the distant features. d. Street trees planted along designated Public View Corridors shall have narrow form and open structure to allow greater visual access. Street trees shall be carefully placed and/or properly pruned, following best arboricultural practices, to achieve the desired goals without interruption of significant public views to and along the ocean.
VIS-10 Development Review. Review and require changes to development proposals, as needed, to minimize obstructions of designated significant public views and designated Public View Corridors, and to ensure public and private development projects in the Coastal Zone use high-quality materials and are 152
designed to be attractive and aesthetically compatible with adjacent structures, site improvements, utilities and landscape features.
VIS-12 Public View Analysis. When appropriate, new development and redevelopment projects which have, or will have, the potential to impact public views to and along the ocean and scenic coastal areas, shall require an analysis of the effect of the proposed project on public views. This analysis shall accurately pictorially, digitally, photographically, or physically, indicate the CHAPTER 6: VISUAL, HISTORIC, AND CULTURAL RESOURCES Page 6-12 City of San Clemente Local Coastal Program Land Use Plan proposed site in its current state and compare it with an illustration showing the proposed building volume (at the same scale) in its proposed location.
153
154
155
DRSC Meeting – DRSC Review Response (December 12, 2022) Job NO. 2023 - 020
DATE: March 26, 2025
Reference: SPP 22.321, CUP 22.322, CHP 22.323
OCFA: SR #289882
APN # 057.191.60
N-Tract #14486
Lot 01
Project Address:
The Galleria “The Hansen”
1801 North El Camino Real
San Clemente, CA 92673
Attention:
Adam Atamian
Deputy Director of Community Development
c/o
John Ciampa
City of San Clemente Contract Planner
910 Calle Negocia
San Clemente, CA 92673
Ph: 949.246.5913
ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞĞƐŝŐŶZĞǀŝĞǁ^ƵďͲŽŵŵŝƚƚĞĞ;Z^ͿĞƐŝŐŶZĞǀŝĞǁĨŽƌZ^ηϮ^ƵďŵŝƚƚĂůĚĂƚĞĚDĂƌĐŚϮϲ͕ ϮϬϮϱ͘dŚĞĨŽůůŽǁŝŶŐŝƐĂŶŝŶĨŽƌŵĂůƌĞƐƉŽŶƐĞƚŽZ^͘
ƚƚĞŶĚĞĞƐ͗
:ŽƌĚĞŶ^ĞŐƌĂǀĞƐƌĐŚŝƚĞĐƚ :ŽƌĚĞŶ^ĞŐƌĂǀĞƐƌĐŚŝƚĞĐƚ/ŶĐ͘ ĂůĞďZŝŽƐ dŽĂů
ŶŐŝŶĞĞƌŝŶŐ
dĞĚ,ĂŶŶŝŐĂŶ
Esϱ
ZĂĐŚĞůEĂƐƌĞ KǁŶĞƌ
:ŽŚŶŝĂŵƉĂ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶƚƌĂĐƚWƌŽũĞĐƚWůĂŶŶĞƌ ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ ϭ ŽĨ Ϯ 156 ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ ηϭϬϮ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ Ϯ ŽĨ ϯ WƌŽũĞĐƚZĞƐƉŽŶƐĞ͗
ϭ͘ ĐĐĞƐƐĂŶĚ ĐĐĞƐƐĂŶĚŝƌĐƵůĂƚŝŽŶ ĐĐĞƐƐĂŶĚŝƌĐƵůĂƚŝŽŶ ŝƌĐƵůĂƚŝŽŶ͗ Ă͘ dŚĞĐůŝĞŶƚŚĂƐĐŽŶƚƌĂĐƚĞĚĂƚƌĂĨĨŝĐƐƚƵĚLJƚŽƐƵƉƉŽƌƚƚŚĞĞƐŝŐŶŽĨŽƵƌWƌŽũĞĐƚĂŶĚũƵƐƚŝĨLJŝŵƉĂĐƚƐĂƐĨŽůůŽǁƐ͗ ŝ͘ ͞ƵƌŝŶŐKƉĞŶŝŶŐzĞĂƌ;ϮϬϮϲͿǁŝƚŚWƌŽũĞĐƚĐŽŶĚŝƚŝŽŶƐ͕ĂůůŝŶƚĞƌƐĞĐƚŝŽŶƐƉĞƌĨŽƌŵĞĚĂƚůĞĂƐƚĂƚ>K^͕ ǁŚŝĐŚƐĂƚŝƐĨŝĞƐƚŚĞĐŝƚLJ͛ƐƌĞƋƵŝƌĞŵĞŶƚŽĨ>K^͕ĂŶĚĚŽŶŽƚƌĞƋƵŝƌĞĂĚĚŝƚŝŽŶĂůŝŶĨƌĂƐƚƌƵĐƚƵƌĞ ŝŵƉƌŽǀĞŵĞŶƚƐ͘͟
ď͘ dŚĞŽƌŝŐŝŶĂů
ŶƚŝƚůĞĚĞǀĞůŽƉŵĞŶƚdƌĂĨĨŝĐ^ƚƵĚLJŝŶĚŝĐĂƚĞĚƚŚĂƚĂϳϰͲƌŽŽŵŚŽƚĞůǁĂƐ͞ůĞƐƐŝŶƚĞŶƐŝǀĞ͘͟ Đ͘ ĂƐĞĚŽŶĐŽůůĂďŽƌĂƚŝŽŶǁŝƚŚ͘͘ΘZ͕͘ŝƚLJ^ƚĂĨĨ͕ĂŶĚƚŚĞĞƐŝŐŶƚĞĂŵ͕ĂůŽĂĚŝŶŐĂƌĞĂŚĂƐďĞĞŶĂĚĚĞĚƚŽƚŚĞĨƌŽŶƚŽĨ ƚŚĞŚŽƚĞůƚŽƐƵƉƉŽƌƚŽĨĨͲƐƚƌĞĞƚƐƚĂŐŝŶŐĨŽƌĚĞůŝǀĞƌŝĞƐ͘ Ϯ͘ >ŝŶĞŽĨ^ŝƚĞ >ŝŶĞŽĨ^ŝƚĞ >ŝŶĞŽĨ^ŝƚĞ͕,ĞŝŐŚƚŶĂůLJƐĞƐ ͕,ĞŝŐŚƚŶĂůLJƐĞƐ ͕,ĞŝŐŚƚŶĂůLJƐĞƐ͕ĂŶĚsŝĞǁŶĂůLJƐĞƐ sŝĞǁŶĂůLJƐĞƐ sŝĞǁŶĂůLJƐĞƐ͗ Ă͘ dŚĞŝŶŝƚŝĂůƉƌĞůŝŵŝŶĂƌLJĂůŝĨŽƌŶŝĂŽĂƐƚĂůZĞǀŝĞǁƌĞƐƵůƚĞĚŝŶĂϮϱйĂĨĨŽƌĚĂďŝůŝƚLJŝŶĐůƵƐŝŽŶĂŶĚĂƐƵďƐƚĂŶƚŝĂůƉƌŽũĞĐƚ ƌĞĚĞƐŝŐŶ͘dŚĞƉƌŽũĞĐƚǁĂƐƌĞĚĞƐŝŐŶĞĚƚŽĐŽŶĨŽƌŵƚŽŝƚLJ>hWsŝĞǁŽƌƌŝĚŽƌͶƌĞĨĞƌƚŽƉƌŽũĞĐƚƌĞŶĚĞƌŝŶŐƐͲϭϴĂ ƚŚƌŽƵŐŚͲϭϴŐ͘
ŝ͘ ZĞĨĞƌƚŽ,ĞŝŐŚƚŶĂůLJƐĞƐͲϬϭĐĂŶĚͲϬϭĐͲϮ͘
ϭ͘ ůůĞůĞŵĞŶƚƐĂƌĞĚĞƐŝŐŶĞĚƚŽďĞďĞůŽǁƚŚĞϰϱ͛ͲϬ͟ŵĂdž͘ŚĞŝŐŚƚ͘ Ϯ͘ dǁŽ;ϮͿƐŚĂĨƚ;ŚŝŵŶĞLJͿĞůĞŵĞŶƚƐŚĂǀĞďĞĞŶĚĞƐŝŐŶĞĚĨŽƌƐĐƌĞĞŶŝŶŐĂŶĚǁŝůůŵĂŝŶƚĂŝŶĂϰϳ͛ͲϬ͟ ;Ϯ͛ͲϬ͟ĞŶĐƌŽĂĐŚŵĞŶƚͿŵĂdž͘ŚĞŝŐŚƚ͘
ŝŝ͘ ZĞĨĞƌƚŽƚŚĞĂůŝĨŽƌŶŝĂŽĂƐƚĂůŽŵŵŝƐƐŝŽŶ͞WƌŽũĞĐƚ^ƵŵŵĂƌLJ͟ ď͘ EŽƚĞ͗WƌŽũĞĐƚƐƵŵŵĂƌLJŽƵƚůŝŶĞƐĂƐƚĞƉƉĞĚͲďĂĐŬĂŶĚĂƌƚŝĐƵůĂƚĞĚŵĂƐƐŝŶŐŽĨƚŚĞďƵŝůĚŝŶŐƚŽƌĞƉůŝĐĂƚĞƚŚĞŶĂƚƵƌĂůƐŝƚĞ ƚŽƉŽŐƌĂƉŚLJǁŚŝůĞŵĂŝŶƚĂŝŶŝŶŐĂŶĚƌĞƐƉĞĐƚŝŶŐƚŚĞsŝĞǁĐŽƌƌŝĚŽƌĐŽŵŝŶŐĚŽǁŶǀĞŶŝĚĂWŝĐŽ͘ ŝ͘ dŚĞKƌŝŐŝŶĂů
ŶƚŝƚůĞĚĚĞǀĞůŽƉŵĞŶƚƵƚŝůŝnjĞƐƚŚĞŵĂũŽƌŝƚLJŽĨƚŚĞƐŝƚĞĂƚĂDĂdž͘,ĞŝŐŚƚŽĨϰϱ͛ͲϬ͟ǁŝƚŚŽƵƚ ĂƌƚŝĐƵůĂƚĞĚƐƚĞƉďĂĐŬŽĨŵĂƐƐŝŶŐŝŶƐƚŽƌŝĞƐ͘
ϯ͘ ƉĂƚŚŽĨdƌĂǀĞů ƉĂƚŚŽĨdƌĂǀĞů ƉĂƚŚŽĨdƌĂǀĞů͗ ƉĂƚŚŽĨdƌĂǀĞů͗ Ă͘ ƉĂƚŚŽĨƚƌĂǀĞůŝƐŽŶƐŚĞĞƚͲϬϰ͖ƚŚĞƌŽŽĨƚŽƉĚĞĐŬĂŶĚůŽďďLJĂƌĞƐĞƌǀŝĐĞĚǁŝƚŚĂĐĐĞƐƐŝďůĞƐƚĂŝƌƐĂŶĚĞůĞǀĂƚŽƌƐ͘ ŝ͘ ^ƚƌĞĞƚͲƐŝĚĞůŽďďLJŚĂƐĂǁŚĞĞůĐŚĂŝƌůŝĨƚĂŶĚĂƐŝŶŐůĞͲůĞǀĞůĞůĞǀĂƚŽƌƚŽƚŚĞWŽĚŝƵŵ>ĞǀĞů͘ ϰ͘ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚ ϰ͘ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚ'ĂƚĞǁĂLJ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚ'ĂƚĞǁĂLJ 'ĂƚĞǁĂLJͬDŽŶƵŵĞŶƚ ͬDŽŶƵŵĞŶƚ ͬDŽŶƵŵĞŶƚ͗ Ă͘ dŚĞ,ĂŶƐŽŶ,ŽƚĞůŚĂƐďĞĞŶĚĞƐŝŐŶĞĚƚŽŵĞĞƚƚŚĞŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞͲĂƉƉƌŽǀĞĚ>hWĂŶĚ'ĞŶĞƌĂůWůĂŶ͕EŽƌƚŚ ĞĂĐŚͬEŽƌƚŚ
ůĂŵŝŶŽZĞĂů&ŽĐƵƐƌĞĂ͘
ŝ͘ ƐĂŐĂƚĞǁĂLJ͕ƚŚĞƉƌŽũĞĐƚŚĂƐŝŶĐŽƌƉŽƌĂƚĞĚƚŚĞdƵƌƌĞƚĂƚƚŚĞŶŽƌƚŚǁĞƐƚĐŽƌŶĞƌŽĨƚŚĞƐŝƚĞƚŽĐŽŵƉůŝŵĞŶƚƚŚĞ ƚŽǁĞƌĂƚƚŚĞŽůĚ/ĐŚŝďƵƌŝ,ŝƐƚŽƌŝĐĂůZĞƐƚĂƵƌĂŶƚ͘
ŝŝ͘ dŚĞEŽƌƚŚ
ůĞǀĂƚŝŽŶŚĂƐďĞĞŶĚĞƐŝŐŶĞĚƚŽƐƵƉƉŽƌƚĐŽŵŵƵŶŝƚLJƌƚ͘dŚŝƐĂƌƚŵĂLJďĞĐŽŽƌĚŝŶĂƚĞĚǁŝƚŚƚŚĞŝƚLJ ƚŽƐƵƉƉŽƌƚƉƌŽũĞĐƚŶĞĞĚƐǁŚŝůĞƚĂŬŝŶŐŝŶƚŽĐŽŶƐŝĚĞƌĂƚŝŽŶƉŽƚĞŶƚŝĂůŝƚLJƉůĂŶŶŝŶŐĞĨĨŽƌƚƐĂŶĚĨƵƚƵƌĞ ĚĞǀĞůŽƉŵĞŶƚŝŵƉĂĐƚƐ͘ZĞĨĞƌƚŽZĞŶĚĞƌŝŶŐͲϭϴĐ͘
ŝŝŝ͘ dŚĞĐŽƌŶĞƌ'ĂƌĚĞŶŚĂƐďĞĞŶĚĞƐŝŐŶĞĚƚŽĐŽŵƉůŝŵĞŶƚƚŚĞŝƚLJ'ĞŶĞƌĂůWůĂŶ>h'ŽĂůϭϬ͘Ϭϯ'ĂƚĞǁĂLJďLJ ĞŶŚĂŶĐŝŶŐƚŚĞƉĞĚĞƐƚƌŝĂŶĞdžƉĞƌŝĞŶĐĞǁŚŝůĞƐŽĨƚĞŶŝŶŐƚŚĞĂƌĐŚŝƚĞĐƚƵƌĂůĞĚŐĞŽĨƚŚĞƉƌŽũĞĐƚ͕ƉƌŽǀŝŶŐĂŶŽƉĞŶ ƉĂƌŬĨŽƌƚŚĞĂƌĞĂ͘
ŝǀ͘ WƵďůŝĐƌƚŵĂLJďĞŝŶĐŽƌƉŽƌĂƚĞĚŝŶƚŽƚŚŝƐƉĂƌŬƚŽƐƵƉƉŽƌƚĐŽŵŵƵŶŝƚLJŝŶƚĞƌĂĐƚŝŽŶǁŚŝůĞƐƵƉƉŽƌƚŝŶŐĐƵůƚƵƌĂů ĂŶĚŚŝƐƚŽƌŝĐĂůĂǁĂƌĞŶĞƐƐ͘
ϱ͘ dĞůů ϱ͘ dĞůůƚŚĞ dĞůůƚŚĞ^ƚŽƌLJ; ^ƚŽƌLJ; ^ƚŽƌLJ;ĨŽƵƌͲƐŝĚĞĚĂƌĐŚŝƚĞĐƚƵƌĞͿ ĂƌĐŚŝƚĞĐƚƵƌĞͿ ĂƌĐŚŝƚĞĐƚƵƌĞͿ͗ Ă͘ dŚĞĂƌĐŚŝƚĞĐƚƵƌĞŚĂƐďĞĞŶůŽŽŬĞĚĂƚĨƌŽŵĂůůƐŝĚĞƐ͕ƉƌŽǀŝĚŝŶŐƵŶŝƋƵĞĂƌĐŚŝƚĞĐƚƵƌĂůĞůĞŵĞŶƚƐĂŶĚĚĞƚĂŝůƐƵŶŝƋƵĞƚŽ ĞĂĐŚĞůĞǀĂƚŝŽŶǁŝƚŚĂĐŽŵŵŽŶůĂŶŐƵĂŐĞƚŚĂƚƚŝĞƐƚŚĞĞŶƚŝƌĞďƵŝůĚŝŶŐƚŽŐĞƚŚĞƌ͘ZĞĨĞƌƚŽ^ŚĞĞƚƐϬϴƚŚƌŽƵŐŚͲϭϯĨŽƌ ĞŶůĂƌŐĞĚƉůĂŶƐĂŶĚĂƌƚŝĐƵůĂƚĞĚǁĂůůƐĞĐƚŝŽŶƐ͘
ŝ͘ ^ŽƵƚŚ
ůĞǀĂƚŝŽŶ;ǀĞŶŝĚŽWŝĐŽͿĐŽŵďŝŶĂƚŝŽŶŽĨŽŶĞĂŶĚƚǁŽƐƚŽƌLJĞůĞŵĞŶƚƐ͕ǁŝƚŚĂƚƌĂŶƐŝƚŝŽŶƚŽƚǁŽǁŝŶŐ͘ ƌƚŝĐƵůĂƚĞĚĂŶĚƐŽĨƚĞŶĞĚǁŝƚŚůĂŶĚƐĐĂƉĞ͕ƉĞĚĞƐƚƌŝĂŶŐĂƌĚĞŶƐ͕ǁŽŽĚĂŶĚƐƚƵĐĐŽĚĞƚĂŝůŝŶŐ͕ĐŽƵƌƚLJĂƌĚǀŝƐƚĂƐ͕ ĂŶĚĚŝƐƚĂŶƚKĐĞĂŶsŝĞǁƐ͘
ŝŝ͘
ĂƐƚ
ůĞǀĂƚŝŽŶƐ;
ůĂŵŝŶŽZĞĂůͿWƌŝŵĂƌŝůLJŽŶĞͲƐƚŽƌLJĞůĞŵĞŶƚƐĂƌĞĚĞƐŝŐŶĞĚƚŽƐŽĨƚĞŶĂŶĚƉƌŽƚĞĐƚƚŚĞƉŽŽů ĚĞĐŬ͕ĂƌƚŝĐƵůĂƚĞĚǁŝƚŚůĂŶĚƐĐĂƉĞ͕ƚŚĞůŽĂĚŝŶŐĂƌĞĂ͕ƉĞĚĞƐƚƌŝĂŶĂĐĐĞƐƐ͕ĂŶĚĂƉƌŽŵŝŶĞŶƚ,ŽƚĞů ŶƚƌLJ
ĂƌƚŝĐƵůĂƚĞĚǁŝƚŚĚĞĐŽƌĂƚŝǀĞǁŽŽĚ͕ƐƚƵĐĐŽ͕ĐŽůŽƌĞĚĂǁŶŝŶŐƐ͕ĂŶĚĂƐŝŐŶĂƚƵƌĞƚƵƌƌĞƚ͘ 157
ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ ηϭϬϮ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ ϯ ŽĨ ϯ ŝŝŝ͘ EŽƌŚ
ůĞǀĂƚŝŽŶ;ŚĂŶŶĞůͿƚǁŽĂŶĚƚŚƌĞĞƐƚŽƌLJĞůĞŵĞŶƚƐǁŝƚŚŽŶĞƐƚŽƌLJĂƚWŝĐŽ͕ĂƌƚŝĐƵůĂƚĞĚǁŝƚŚĂŚŝŐŚĞƌ ƌĐŚLJŽĨǁŝŶĚŽǁĚĞƐŝŐŶƐ͕;ŽƉĞŶĂŝƌŐĂƌĂŐĞǁŝƚŚďĂƌƌĞůƚŝůĞƐĂŶĚĂƵƐĞĚďƌŝĐŬƐŝůů͕ƚƌĂŶƐŝƚŝŽŶĨƵůůŵŽƌƚĂƌƚŝůĞ ƌŽŽĨĞůĞŵĞŶƚ͕ƚŽĂƉůŝŶƚŚǁŝŶĚŽǁǁŝƚŚƚĞƌĂĐŽƚƚĂƚŝůĞƐŝůů͕ƚŽůŝƚĞǁƌŽƵŐŚƚŝƌŽŶ:ƵůŝĞƚďĂůĐŽŶLJǁŝŶĚŽǁƐĂŶĚ ĐĂƉƉĞĚǁŝƚŚĂŶĂƌƚŝĐƵůĂƚĞĚƌŽŽĨĂŶĚǁŽŽĚĐŽƌďĂůƐ͘
ϭ͘ dŚĞƐƚĂŝƌƚŽǁĞƌ;ƐͿŚĂƐďĞĞŶĐƌŽǁŶĞĚǁŝƚŚĂŶŽƉĞŶĐůĂLJͲƚŝůĞĚƌŽŽĨŽƌƚƌĞůůŝƐĞůĞŵĞŶƚƚŽƉƌŽǀŝĚĞĂ ƐĞŶƐĞŽĨůŝŐŚƚŶĞƐƐĂŶĚƚƌĂŶƐƉĂƌĞŶĐLJ͕ďĂƐĞĚŽŶŽƵƌƉƌĞǀŝŽƵƐZ^͘ Ϯ͘ dŚĞƌĞĂƌďĂůĐŽŶLJŝƐĂƌƚŝĐƵůĂƚĞĚǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶĂŶĚĚĞĐŽƌĂƚŝǀĞƐƚƵĐĐŽƉŝůĂƐƚĞƌƐ͕ĐĂƉƉĞĚǁŝƚŚĂ ǁŽŽĚͲĐůĂĚƚŚŝƌĚͲƐƚŽƌLJĞůĞŵĞŶƚĂŶĚĨƵůůŵŽƌƚĂƌƐƚƚŝůĞƌŽŽĨ͘ ŝǀ͘ tĞƐƚ
ůĞǀĂƚŝŽŶ;>ŽƐƚƵŝůĚŝŶŐͿƚŚƌĞĞƐƚŽƌLJĨĂĕĂĚĞǁŝƚŚĂƌƚŝĐƵůĂƚĞĚƌĞĐĞƐƐĞĚǀĞƌƚŝĐĂůĞůĞŵĞŶƚ͕ĐƌŽǁŶĞĚǁŝƚŚ ŽƉĞŶďĂůĐŽŶŝĞƐĂƚƚŚĞƚŚŝƌĚůĞǀĞůĐƌĞĂƚŝŶŐĨƌĂŵĞĚǀĞƌƚŝĐĂůĞůĞŵĞŶƚƐĨŽƌĂƌƚǁŽƌŬĨĂĐŝŶŐƵƉ ůĂŵŝŶŽZĞĂů͕
ǀŝƐŝďůĞĂƐĚƌŝǀĞƌƐĂŶĚƉĞĚĞƐƚƌŝĂŶƐĞŶƚĞƌƚŚĞĐŝƚLJ͘
ϲ͘ ,ĞŝŐŚƚŶĂůLJƐĞƐ ϲ͘ ,ĞŝŐŚƚŶĂůLJƐĞƐ ,ĞŝŐŚƚŶĂůLJƐĞƐ͗ Ă͘ ZĞĨĞƌƚŽ
džŚŝďŝƚĂŶĚ
džŚŝďŝƚ͘
ϳ͘ >ĂŶĚƐĐĂƉĞ ϳ͘ >ĂŶĚƐĐĂƉĞ >ĂŶĚƐĐĂƉĞĞƐŝŐŶ
Ă͘ >ĂŶĚƐĐĂƉĞĂƚEŽƌƚŚ
ůĞǀĂƚŝŽŶͲZĞĨĞƌƚŽĂƚƚĂĐŚĞĚĨŝůĞ͗
ŝ͘ ZŽŵŵĞŶƚƐϮϬϭϬϬͲƌĞƐƉŽŶƐĞƚŽEŽƌƚŚƵŝůĚŝŶŐ&ĂĐĞWůĂŶƚŝŶŐEŽƌƚŚ^ŝĚĞͲϯͲϮϳͲϮϬϮϱ ď͘ >ĂŶĚƐĐĂƉĞ^ƚƌĞĞƚdƌĞĞʹZĞĨĞƌƚŽƚƚĂĐŚĞĚ&ŝůĞ͗
ŝ͘ ZŽŵŵĞŶƚƐϮϬϭϬϬͲƌĞƐƉŽŶƐĞƚŽ^ƚƌĞĞƚdƌĞĞƐĂŶĚĂĐŬŽĨƵŝůĚŝŶŐWůĂŶƚŝŶŐEŽƌƚŚ^ŝĚĞͲϯͲϮϲͲϮϬϮϱ dŚĂŶŬLJŽƵŝŶĂĚǀĂŶĐĞĨŽƌLJŽƵƌƚŝŵĞĂŶĚĐŽŶƐŝĚĞƌĂƚŝŽŶŝŶƌĞǀŝĞǁŝŶŐĂŶĚƉƌŽĐĞƐƐŝŶŐƚŚŝƐƉƌŽũĞĐƚ͘WůĞĂƐĞĚŽŶŽƚŚĞƐŝƚĂƚĞƚŽ ĐŽŶƚĂĐƚŵĞǁŝƚŚĂŶLJƋƵĞƐƚŝŽŶƐŽƌĐŽŵŵĞŶƚƐ͘
ZĞƐƉĞĐƚĨƵůůLJƐƵďŵŝƚƚĞĚďLJ͗
:ŽƌĚĞŶ^ĞŐƌĂǀĞƐ͕/͕ >
W͕ EZ
WƌŝŶĐŝƉĂů
:KZ
E^
'Zs
^Z,/d
d͗/E͘
ƉŚϵϰϵ͘ϯϯϴ͘ϮϲϬϯ
158
DMT Staff Comments – DMT Response Comment No. 4 & 10
(February 27, 2025)
Job NO. 2023 - 020
DATE: March 26, 2025
Reference: SPP 22.321, CUP 22.322, CHP 22.323
OCFA: SR #289882
APN # 057.191.60
N-Tract #14486
Project Address:
The Galleria “The Hanson”
1801 North El Camino Real
San Clemente, CA 92673
Attention:
Adam Atamian
Deputy Director of Community Development
c/o
John Ciampa
City of San Clemente Contract Planner
910 Calle Negocia
San Clemente, CA 92673
Ph: 949.246.5913
ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞĞƐŝŐŶDĂŶĂŐĞŵĞŶƚdĞĂŵDĞĞƚŝŶŐ;DdͿƚĞĐŚŶŝĐĂůƌĞǀŝĞǁĨŽƌDdηϮƐƵďŵŝƚƚĂůĚĂƚĞĚ :ĂŶƵĂƌLJϮϴƚŚ͕ϮϬϮϱ͘ŝƚLJĐŽŵŵĞŶƚƐ ŝƚLJĐŽŵŵĞŶƚƐZĞƐƉ ŝƚLJĐŽŵŵĞŶƚƐZĞƐƉŽŶƐĞEŽ͘ ŽŶƐĞEŽ͘ ŽŶƐĞEŽ͘ϰĂŶĚϭϬ ŽŶƐĞEŽ͘ϰĂŶĚϭϬ ϰĂŶĚϭϬƌĞĐĞŝǀĞĚ ƌĞĐĞŝǀĞĚ ƌĞĐĞŝǀĞĚ&ĞďƌƵĂƌLJϮϳ͕ϮϬϮϱ &ĞďƌƵĂƌLJϮϳ͕ϮϬϮϱ &ĞďƌƵĂƌLJϮϳ͕ϮϬϮϱ͘dŚĞĨŽůůŽǁŝŶŐŝƐĂƐƵŵŵĂƌLJ ŽĨƚŚĞŵĞĞƚŝŶŐŵŝŶƵƚĞƐĨŽƌƚŚĞĂďŽǀĞͲƌĞĨĞƌĞŶĐĞĚŵĞĞƚŝŶŐ͘ ŝƐƚƌŝďƵƚŝŽŶ͗
:ŽƌĚĞŶ^ĞŐƌĂǀĞƐƌĐŚŝƚĞĐƚ :ŽƌĚĞŶ^ĞŐƌĂǀĞƐƌĐŚŝƚĞĐƚ/ŶĐ͘ ĂůĞďZŝŽƐ dŽĂů
ŶŐŝŶĞĞƌŝŶŐ
dĞĚ,ĂŶŶŝŐĂŶ
Esϱ
ZĂĐŚĞůEĂƐƌĞ KǁŶĞƌ
ĚĂŵƚĂŵŝĂŶ ĞƉƵƚLJŝƌĞĐƚŽƌŽĨŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ :ŽŶĂƚŚĂŶ>ŝŐŚƚ&ŽŽƚ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞWůĂŶŶĞƌ
:ŽŚŶŝĂŵƉĂ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶƚƌĂĐƚWƌŽũĞĐƚWůĂŶŶĞƌ ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ ϭ ŽĨ Ϯ EXHIBIT A:
159
ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ ηϭϬϮ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ Ϯ ŽĨ ϯ DdŽŵŵĞŶƚϰ͗ƵŝůĚŝŶŐ,ĞŝŐŚƚ͖ƉůĂƚĞŚĞŝŐŚƚĂŶĂůLJƐĞƐ͘ ,ĞŝŐŚƚŽŶ^ŚĞĞƚƐͲϬϭĐĂŶĚͲϬϭĐͲϮ͗dŚĞƌĞǀŝƐĞĚŚĞŝŐŚƚĂŶĂůLJƐŝƐƉƌŽǀŝĚĞĚ&ĞďƌƵĂƌLJϭϮ͕ϮϬϮϱ͕ĐŽƌƌĞĐƚĞĚŵĂŶLJŽĨƚŚĞŝŶĂĐĐƵƌĂƚĞŚĞŝŐŚƚ ĂŶĂůLJƐŝƐŵĞĂƐƵƌĞŵĞŶƚƐ͘ĚĚƌĞƐƐƚŚĞĨŽůůŽǁŝŶŐŝƐƐƵĞƐŝĚĞŶƚŝĨŝĞĚŽŶƚŚĞŚĞŝŐŚƚĂŶĂůLJƐŝƐ͗ Ě͘ dŚĞƉůĂƚĞŚĞŝŐŚƚĂŶĂůLJƐŝƐŝƐƵŶĚĞƌƌĞǀŝĞǁƚŽĂƐƐĞƐƐĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞŵĂdžŝŵƵŵĂůůŽǁĞĚƉůĂƚĞŚĞŝŐŚƚŽĨϯϳĨĞĞƚĂƐ ŵĞĂƐƵƌĞĚƉĞƌ^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ͘͞WůĂƚĞ>ŝŶĞ͟ŝƐĚĞĨŝŶĞĚĂƐƚŚĞƚŽƉŽĨƚŚĞŚŝŐŚĞƐƚŚŽƌŝnjŽŶƚĂůĨƌĂŵŝŶŐŵĞŵďĞƌŽƌƐŽůŝĚ ǁĂůůŽĨĂďƵŝůĚŝŶŐŽƌƐƚƌƵĐƚƵƌĞŽƌƉĂƌƚƚŚĞƌĞŽĨ͕ƵƉŽŶǁŚŝĐŚƌŽŽĨďĞĂŵƐŽƌĐĞŝůŝŶŐƌĂĨƚĞƌƐƌĞƐƚ͘&ĞĂƚƵƌĞƐĞdžĐůƵĚĞĚĨƌŽŵ ŵĞĂƐƵƌĞŵĞŶƚƵŶĚĞƌƚŚŝƐĚĞĨŝŶŝƚŝŽŶƐŚĂůůŝŶĐůƵĚĞŐĂďůĞĞŶĚƐ͕ƐůŽƉŝŶŐƌŽŽĨƐ͕ƉĂƌĂƉĞƚǁĂůůƐĂŶĚŽƚŚĞƌǀĞƌƚŝĐĂůĞdžƚĞŶƐŝŽŶƐ ǁŚŝĐŚĂƌĞŶŽƌŵĂůůLJĐŽŶƚƌŽůůĞĚďLJůŝŵŝƚƐŽŶƌŽŽĨŚĞŝŐŚƚĂƐƐĞƚĨŽƌƚŚŝŶƚŚŝƐƐĞĐƚŝŽŶ͘^ŝŶĐĞƚŚĞƌĞǀŝƐĞĚŚĞŝŐŚƚĂŶĂůLJƐŝƐ ǁĂƐƐƵďŵŝƚƚĞĚŽŶ&ĞďƌƵĂƌLJϭϮ͕ϮϬϮϱ͕ƉůĞĂƐĞƉƌŽǀŝĚĞƐƚĂĨĨĂĚĚŝƚŝŽŶĂůƚŝŵĞƚŽĐŽŵƉůĞƚĞƚŚĞƉůĂƚĞŚĞŝŐŚƚĂŶĂůLJƐŝƐ͘ ϭ͘ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐKƌĚŝŶĂŶĐĞ^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐKƌĚŝŶĂŶĐĞ^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐKƌĚŝŶĂŶĐĞ^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ͗ ,ĞŝŐŚƚ>ŝŵŝƚƐŝŶEŽŶƌĞƐŝĚĞŶƚŝĂůĂŶĚDŝdžĞĚͲhƐĞŽŶĞƐ͘
ϭ͘ ,ĞŝŐŚƚ>ŝŵŝƚƐ͘dŚĞŵĂdžŝŵƵŵďƵŝůĚŝŶŐŚĞŝŐŚƚůŝŵŝƚƐĨŽƌƐƚƌƵĐƚƵƌĞƐŝŶŶŽŶƌĞƐŝĚĞŶƚŝĂůĂŶĚŵŝdžĞĚͲƵƐĞnjŽŶĞƐĂƌĞĚĞƐĐƌŝďĞĚ ŝŶƚŚĞĚĞǀĞůŽƉŵĞŶƚƐƚĂŶĚĂƌĚƚĂďůĞƐŝŶŚĂƉƚĞƌƐϭϳ͘ϯϲ͕ŽŵŵĞƌĐŝĂůŽŶĞƐĂŶĚ^ƚĂŶĚĂƌĚƐ͕ƚŚƌŽƵŐŚϭϳ͘ϰϴ͕WƵďůŝĐŽŶĞƐ ĂŶĚ^ƚĂŶĚĂƌĚƐ͕ŽĨƚŚŝƐƚŝƚůĞ͘DĂdžŝŵƵŵďƵŝůĚŝŶŐŚĞŝŐŚƚůŝŵŝƚƐĨŽƌŶŽŶƌĞƐŝĚĞŶƚŝĂůĂŶĚŵŝdžĞĚͲƵƐĞƐƚƌƵĐƚƵƌĞƐĂƌĞĞdžƉƌĞƐƐĞĚ ŝŶƚĞƌŵƐŽĨďŽƚŚŶƵŵĞƌŝĐĂůŚĞŝŐŚƚůŝŵŝƚƐĂŶĚĂƐƚŽƌLJůŝŵŝƚ͖ƐƚƌƵĐƚƵƌĞƐŵƵƐƚĐŽŵƉůLJǁŝƚŚĂůůƚŚĞŚĞŝŐŚƚůŝŵŝƚƐĨŽƌƚŚĞ njŽŶĞ͘
Ϯ͘ DĞĂƐƵƌĞŵĞŶƚŽĨ,ĞŝŐŚƚ͘WůĞĂƐĞƌĞĨĞƌƚŽƚŚĞŐĞŶĞƌĂůƌĞŐƵůĂƚŝŽŶƐĨŽƌƚŚĞŵĞĂƐƵƌĞŵĞŶƚŽĨŚĞŝŐŚƚŝŶ^ƵďƐĞĐƚŝŽŶ;Ϳ͕ 'ĞŶĞƌĂůZĞŐƵůĂƚŝŽŶƐĨŽƌƚŚĞDĞĂƐƵƌĞŵĞŶƚŽĨ,ĞŝŐŚƚ͕ŽĨƚŚŝƐƐĞĐƚŝŽŶ͘/ŶĂĚĚŝƚŝŽŶƚŽĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞŐĞŶĞƌĂů ƌĞŐƵůĂƚŝŽŶƐĂďŽǀĞ͕ŚĞŝŐŚƚŝŶŶŽŶͲƌĞƐŝĚĞŶƚŝĂůĂŶĚŵŝdžĞĚͲƵƐĞnjŽŶĞƐƐŚĂůů͕ǁŚĞŶƌĞƋƵŝƌĞĚŝŶŚĂƉƚĞƌƐϭϳ͘ϯϲ͕ŽŵŵĞƌĐŝĂů ŽŶĞƐĂŶĚ^ƚĂŶĚĂƌĚƐ͕ƚŚƌŽƵŐŚϭϳ͘ϰϴ͕WƵďůŝĐŽŶĞƐĂŶĚ^ƚĂŶĚĂƌĚƐ͕ĐŽŵƉůLJǁŝƚŚƚŚĞĨŽůůŽǁŝŶŐƌĞŐƵůĂƚŝŽŶƐ͗ Ă͘ ^ƚŽƌLJ>ŝŵŝƚƐ͘dŚĞŶƵŵďĞƌŽĨƐƚŽƌŝĞƐŝŶĞĂĐŚƌŽŽĨĞůĞŵĞŶƚƐŚĂůůŶŽƚĞdžĐĞĞĚƚŚĞƐƚŽƌLJůŝŵŝƚĨŽƌĞĂĐŚnjŽŶĞ͕ĂƐ ŝŶĚŝĐĂƚĞĚŝŶŚĂƉƚĞƌƐϭϳ͘ϯϲ͕ŽŵŵĞƌĐŝĂůŽŶĞƐĂŶĚ^ƚĂŶĚĂƌĚƐ͕ƚŚƌŽƵŐŚϭϳ͘ϰϴ͕WƵďůŝĐŽŶĞƐĂŶĚ^ƚĂŶĚĂƌĚƐ͘ dŚĞĨŽůůŽǁŝŶŐŵĂLJďĞĞdžĐĞƉƚĞĚĨƌŽŵƚŚĞƐƚŽƌLJůŝŵŝƚƐŽĨƚŚŝƐƐƵďƐĞĐƚŝŽŶ͗ ŝ͘ ZĞƐŝĚĞŶƚŝĂůƐƚƌƵĐƚƵƌĞƐŝŶƚŚĞDhϱ͘ϭnjŽŶĞĚŽŶŽƚŚĂǀĞƐƚŽƌLJůŝŵŝƚƐ͖ ŝŝ͘ ĂƐĞŵĞŶƚƐƐŚĂůůŶŽƚďĞĐŽƵŶƚĞĚƚŽǁĂƌĚƚŚĞƐƚŽƌLJůŝŵŝƚƐĨŽƌĂƐƚƌƵĐƚƵƌĞ͘ ď͘ ,ĞŝŐŚƚ>ŝŵŝƚƚŽWůĂƚĞůŝŶĞ;W>Ϳ͘&ŽƌnjŽŶĞƐƐƉĞĐŝĨŝĞĚŝŶƚŚĞĚĞǀĞůŽƉŵĞŶƚƐƚĂŶĚĂƌĚƚĂďůĞƐ͕ĂƐƌĞƋƵŝƌĞĚŝŶ ŚĂƉƚĞƌƐϭϳ͘ϯϲ͕ŽŵŵĞƌĐŝĂůŽŶĞƐĂŶĚ^ƚĂŶĚĂƌĚƐ͕ƚŚƌŽƵŐŚϭϳ͘ϰϴ͕WƵďůŝĐŽŶĞƐĂŶĚ^ƚĂŶĚĂƌĚƐ͕ŽĨƚŚŝƐƚŝƚůĞ͕Ă ŚĞŝŐŚƚůŝŵŝƚƚŽƚŚĞƉůĂƚĞůŝŶĞŽĨĂƌŽŽĨŚĂƐďĞĞŶĞƐƚĂďůŝƐŚĞĚ͘dŚĞŚĞŝŐŚƚŽĨƚŚĞƉůĂƚĞůŝŶĞŽĨĂƌŽŽĨĞůĞŵĞŶƚƐŚĂůů ďĞĂŵĞĂƐƵƌĞŵĞŶƚŽĨƚŚĞΗĂǀĞƌĂŐĞŚĞŝŐŚƚŽĨƚŚĞƉůĂƚĞůŝŶĞ͘ΗdŚĞĂǀĞƌĂŐĞŚĞŝŐŚƚŽĨƚŚĞƉůĂƚĞůŝŶĞŽĨƚŚĞƌŽŽĨ ĞůĞŵĞŶƚŝƐĐĂůĐƵůĂƚĞĚĂƐĨŽůůŽǁƐ͗
ŝ͘ DĞĂƐƵƌŝŶŐƚŚĞŚĞŝŐŚƚƚŽƚŚĞƉůĂƚĞůŝŶĞĂƚĞĂĐŚĐŽƌŶĞƌŽĨƚŚĞƌŽŽĨĞůĞŵĞŶƚ͘dŚĞŚĞŝŐŚƚƚŽƚŚĞƉůĂƚĞ ůŝŶĞĂƚĞĂĐŚĐŽƌŶĞƌŽĨƚŚĞƌŽŽĨĞůĞŵĞŶƚŝƐƚŚĞǀĞƌƚŝĐĂůĚŝƐƚĂŶĐĞďĞƚǁĞĞŶŽƌŝŐŝŶĂůŽƌĨŝŶŝƐŚĞĚŐƌĂĚĞ ĂŶĚƚŚĞƉůĂƚĞůŝŶĞ͕ĂƚĞĂĐŚĐŽƌŶĞƌ͘WůĞĂƐĞƌĞĨĞƌƚŽ^ƵďƐĞĐƚŝŽŶ;Ϳ;ϭͿ͕DĞĂƐƵƌĞŵĞŶƚŽĨ,ĞŝŐŚƚĨƌŽŵ KƌŝŐŝŶĂůŽƌ&ŝŶŝƐŚĞĚ'ƌĂĚĞ͕ŽĨƚŚŝƐƐĞĐƚŝŽŶ͕ƌĞŐĂƌĚŝŶŐǁŚĞƚŚĞƌŽƌŝŐŝŶĂůŽƌĨŝŶŝƐŚĞĚŐƌĂĚĞƐŚŽƵůĚďĞ ƵƐĞĚ͖ĂŶĚ
ŝŝ͘ ǀĞƌĂŐŝŶŐƚŚĞƐƵŵŽĨƚŚĞŚĞŝŐŚƚƐƚŽƚŚĞƉůĂƚĞůŝŶĞĂƚĞĂĐŚĐŽƌŶĞƌŽĨƚŚĞƌŽŽĨĞůĞŵĞŶƚ͘ ŝŝŝ͘ WůĂƚĞ>ŝŶĞŝƐĚĞĨŝŶĞĚĂƐƚŚĞƚŽƉŽĨƚŚĞŚŝŐŚĞƐƚŚŽƌŝnjŽŶƚĂůĨƌĂŵŝŶŐŵĞŵďĞƌŽƌƐŽůŝĚǁĂůůŽĨĂďƵŝůĚŝŶŐ͕ ƐƚƌƵĐƚƵƌĞ͕ŽƌƉĂƌƚƚŚĞƌĞŽĨ͕ƵƉŽŶǁŚŝĐŚƌŽŽĨďĞĂŵƐŽƌĐĞŝůŝŶŐƌĂĨƚĞƌƐƌĞƐƚ͘&ĞĂƚƵƌĞƐĞdžĐůƵĚĞĚĨƌŽŵ ŵĞĂƐƵƌĞŵĞŶƚƵŶĚĞƌƚŚŝƐĚĞĨŝŶŝƚŝŽŶƐŚĂůůŝŶĐůƵĚĞŐĂďůĞĞŶĚƐ͕ƐůŽƉŝŶŐƌŽŽĨƐ͕ƉĂƌĂƉĞƚǁĂůůƐĂŶĚŽƚŚĞƌ ǀĞƌƚŝĐĂůĞdžƚĞŶƐŝŽŶƐǁŚŝĐŚĂƌĞŶŽƌŵĂůůLJĐŽŶƚƌŽůůĞĚďLJůŝŵŝƚƐŽŶƌŽŽĨŚĞŝŐŚƚĂƐƐĞƚĨŽƌƚŚŝŶƚŚŝƐƐĞĐƚŝŽŶ͘ Ϯ͘ ŝƐĐƵƐƐŝŽŶ Ϯ͘ ŝƐĐƵƐƐŝŽŶ ŝƐĐƵƐƐŝŽŶ͗
ϭ͘ ,ŝƐƚŽƌLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐKƌĚŝŶĂŶĐĞϭϵϵϲ͗
ŝ͘ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞDƵŶŝĐŝƉĂůŽŶŝŶŐKƌĚŝŶĂŶĐĞ
ŝŝ͘ DĂLJϭϯ͕ϮϬϭϲ͖^ƵƉƉůĞŵĞŶƚϯϴ DĂLJϭϯ͕ϮϬϭϲ͖^ƵƉƉůĞŵĞŶƚϯϴ͗^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ;Ϯ͕͘ď͕͘ŝŝŝͿ dŚĞůĂŶŐƵĂŐĞĂďŽǀĞǁĂƐĂĚŽƉƚĞĚďLJƚŚĞŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŝŶϭϵϵϲĂŶĚǁĂƐƵƉĚĂƚĞĚŝŶϮϬϭϲƚŽŝŶĐůƵĚĞ ƚŚĞĂďŽǀĞͲƌĞĨĞƌĞŶĐĞĚůĂŶŐƵĂŐĞ͘dŚŝƐŝƐƚŚĞĐƵƌƌĞŶƚůĂŶŐƵĂŐĞŝŶƚŚĞŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐKƌĚŝŶĂŶĐĞĂƐ ŝƚƐƚĂŶĚƐƚŽĚĂLJ͘
Ϯ͘ ,ŝƐƚŽƌLJŽĨƚŚĞŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞĂŶĚKůĞ,ĂŶƐĞŶ͗
ŝ͘ KůĞ,ĂŶƐĞŶĂŶĚ,͘,͘ŽƚƚŽŶĨŽƵŶĚĞĚƚŚĞŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŝŶƚŚĞŵŝĚͲϭϵϮϬƐ͕ŵŽĚĞůĞĚĂĨƚĞƌƚŚĞ^ƉĂŶŝƐŚ ŽůŽŶŝĂůƌĐŚŝƚĞĐƚƵƌĂů^ƚLJůĞ͕ƵƐŝŶŐƚƌĂĚŝƚŝŽŶĂůƌĞƐŝĚĞŶƚŝĂůĐŽŶƐƚƌƵĐƚŝŽŶŵĞƚŚŽĚƐ͘ 160
ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ ηϭϬϮ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ ϯ ŽĨ ϯ ŝŝ͘ dŚĞŝƚLJǁĂƐŝŶĐŽƌƉŽƌĂƚĞĚŝŶϭϵϮϴ͕ĂŶĚƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨ^ƉĂŶŝƐŚŽůŽŶŝĂů^ƚƌƵĐƚƵƌĞƐǁĂƐďƵŝůƚƚŚƌŽƵŐŚŽƵƚ ƚŚĞĐŽŵŵƵŶŝƚLJƵƚŝůŝnjŝŶŐƚƌĂĚŝƚŝŽŶĂůƉůĂƐƚĞƌĂŶĚďĂůůŽŽŶĨƌĂŵŝŶŐ͕ϴ͛Ͳ͞ƐƚƵĚƐǁĞƌĞƚŚĞƐƚĂŶĚĂƌĚĂƚƚŚŝƐƚŝŵĞŝŶ ŚŝƐƚŽƌLJ͘
ϯ͘ ,ŝƐƚŽƌLJŽĨZĞƐŝĚĞŶƚŝĂůĐŽŶǀĞŶƚŝŽŶĂůĐŽŶƐƚƌƵĐƚŝŽŶŵĞĂŶƐĂŶĚŵĞƚŚŽĚƐŝŶƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐ͘ ŝ͘ dŚĞƚƵƌŶŽĨƚŚĞϭϵƚŚĞŶƚƵƌLJďƌŽƵŐŚƚƚŚĞŝŶĚƵƐƚƌŝĂůƌĞǀŽůƵƚŝŽŶĂŶĚƉƌŽĚƵĐƚŝŽŶ͘ ŝŝ͘ dŚĞϭϵϮϬƐďƌŽƵŐŚƚƚŚĞŶĞĞĚĨŽƌƌĞĂƐŽŶĂďůĞŚŽƵƐŝŶŐĂŶĚĂŶĞǁŵŝŐƌĂƚŝŽŶǁĞƐƚ͕ůĞĂĚŝŶŐƚŽƚŚĞĂĚŽƉƚŝŽŶŽĨ ďĂůůŽŽŶͲĨƌĂŵĞĚŚŽŵĞƐĂƐƚŚĞƉƌŝŵĂƌLJŵĞĂŶƐĂŶĚŵĞƚŚŽĚƐĨŽƌŚŽŵĞƐŽŶƚŚĞtĞƐƚŽĂƐƚ͘ ϯ͘ :^ZĞƐƉŽŶƐĞ ϯ͘ :^ZĞƐƉŽŶƐĞ :^ZĞƐƉŽŶƐĞ͗
ϭ͘ dŚĞƉƌŽũĞĐƚŚĂƐďĞĞŶĚĞƐŝŐŶĞĚǁŝƚŚĂƚLJƉŝĐĂůƉůĂƚĞŚĞŝŐŚƚŽĨϵ͛Ͳϭ͟ƉĞƌĚƌĂǁŝŶŐƐƉƌŽǀŝĚĞĚĨŽƌDdZĞǀŝĞǁ͘^ŚĞĞƚͲ ϬϭĐĂŶĚͲϬϭĐͲϮƉƌŽǀŝĚĞĂŚĞŝŐŚƚĂŶĂůLJƐŝƐƉĞƌƚŚĞĂďŽǀĞͲƌĞĨĞƌĞŶĐĞĚŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐKƌĚŝŶĂŶĐĞ͕^ĞĐƚŝŽŶ ϭϳ͘Ϯϰ͘ϭϭϬ͘
Ϯ͘ dŚŝƐĚŽĐƵŵĞŶƚǁŝůůĨŽĐƵƐŽŶŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞKƌĚŝŶĂŶĐĞ͖^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ͖ϮͲď͘Ͳŝŝŝ͖͞WůĂƚĞ>ŝŶĞĞĨŝŶŝƚŝŽŶ͘͟ ϰ͘ ůĂƌŝĨŝĐĂƚŝŽŶ ĂƌŝĨŝĐĂƚŝŽŶ ĂƌŝĨŝĐĂƚŝŽŶ͗
ŝ͘ WůĂƚĞ>ŝŶĞŝƐĚĞĨŝŶĞĚĂƐƚŚĞƚŽƉŽĨƚŚĞŚŝŐŚĞƐƚŚŽƌŝnjŽŶƚĂůĨƌĂŵŝŶŐŵĞŵďĞƌŽƌƐŽůŝĚǁĂůůŽĨĂďƵŝůĚŝŶŐ͕ƐƚƌƵĐƚƵƌĞ͕ ŽƌƉĂƌƚƚŚĞƌĞŽĨ͕ƵƉŽŶǁŚŝĐŚƌŽŽĨďĞĂŵƐŽƌĐĞŝůŝŶŐƌĂĨƚĞƌƐƌĞƐƚ͘&ĞĂƚƵƌĞƐĞdžĐůƵĚĞĚĨƌŽŵŵĞĂƐƵƌĞŵĞŶƚƵŶĚĞƌ ƚŚŝƐĚĞĨŝŶŝƚŝŽŶƐŚĂůůŝŶĐůƵĚĞŐĂďůĞĞŶĚƐ͕ƐůŽƉŝŶŐƌŽŽĨƐ͕ƉĂƌĂƉĞƚǁĂůůƐĂŶĚŽƚŚĞƌǀĞƌƚŝĐĂůĞdžƚĞŶƐŝŽŶƐǁŚŝĐŚĂƌĞ ŶŽƌŵĂůůLJĐŽŶƚƌŽůůĞĚďLJůŝŵŝƚƐŽŶƌŽŽĨŚĞŝŐŚƚĂƐƐĞƚĨŽƌƚŚŝŶƚŚŝƐƐĞĐƚŝŽŶ͘ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐKƌĚŝŶĂŶĐĞ ^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ;Ϯ͕͘ď͕͘ŝŝŝͿ
/ŶůŽŽŬŝŶŐĂƚƚŚŝƐŝŶ͞ĚĞĨŝŶŝƚŝŽŶ͕͟ƚŚĞǁĂůůĚŽƵďůĞƚŽƉƉůĂƚĞŝƐƚƌĂĚŝƚŝŽŶĂůůLJĐŽŶƐŝĚĞƌĞĚƚŚĞ͞ďƵŝůĚŝŶŐƉůĂƚĞůŝŶĞ͟ĂŶĚŽƵƌƐƚƌƵĐƚƵƌĞŚĂƐ ďĞĞŶĚĞƐŝŐŶĞĚǁŝƚŚĂƚLJƉŝĐĂůƉůĂƚĞůŝŶĞŽĨϵ͛Ͳϭ͟ƉĞƌůĞǀĞůĨƌĂŵĞĚĐŽŶǀĞŶƚŝŽŶĂůůLJ͖ƌĞĨĞƌƚŽWƌŽũĞĐƚ ůĞǀĂƚŝŽŶƐ^ŚĞĞƚƐͲϭϰĂŶĚͲϭϱʹ
ǁŝƚŚƌŽŽĨĨĞĂƚƵƌĞƐ;ƐƚƌƵĐƚƵƌĞͿŝŶƚĞŶĚĞĚƚŽďĞĂƌƚŝĐƵůĂƚĞĚŝŶĐŽŶĨŽƌŵĂŶĐĞŽĨƚŚĞKůĞ,ĂŶƐŽŶǀĞƌŶĂĐƵůĂƌĐƌĞĂƚŝŶŐĂďƵŝůĚŝŶŐƚŚĂƚƚĞůůƐ ͞ĂƐƚŽƌLJ͟ŽĨĂĨĂŵŝůLJƚŚĂƚƐŽƵŐŚƚƚŽŵĂŬĞ͞ƚŚĞ^ƉĂŶŝƐŚsŝůůĂŐĞďLJƚŚĞƐĞĂ͘͟ KƵƌďƵŝůĚŝŶŐŝƐĚĞƐŝŐŶĞĚĂƌŽƵŶĚƚŚŝƐƐƚŽƌLJŽĨĚĞǀĞůŽƉŵĞŶƚŽǀĞƌƚŝŵĞ͕ĐƌĞĂƚŝŶŐĂŶŝŶǀŝƚŝŶŐ^ƉĂŶŝƐŚŽůŽŶŝĂů,ŽƚĞůĂƐƚŽůĚƚŚƌŽƵŐŚƚŚĞ ĂƌƚŝĐƵůĂƚĞĚĂƌĐŚŝƚĞĐƚƵƌĞ͕ǁŝƚŚƌĞƐŝĚĞŶƚŝĂůĐŽƚƚĂŐĞƐ͕ŝŶƚŝŵĂƚĞĐŽƵƌƚLJĂƌĚĐůƵƐƚĞƌƐ͕ĂŶĚůĂƌŐĞƌƐĞƚͲďĂĐŬŵŽŶƵŵĞŶƚĂůƐƚƌƵĐƚƵƌĞƐ ĞŵďƌĂĐŝŶŐƚŚĞŚŽƚĞůŐƵĞƐƚĂŶĚĐŽŵŵƵŶŝƚLJ͘
dŚĞĂƌĐŚŝƚĞĐƚƵƌĂůƐƚŽƌLJŝƐƚŽůĚƚŚƌŽƵŐŚĂƌĐŚŝƚĞĐƚƵƌĂůĚĞƐŝŐŶ͕ƐƚƌƵĐƚƵƌĂůŝŶŐĞŶƵŝƚLJ͕ĂŶĚĐŽŶǀĞŶƚŝŽŶĂůĐŽŶƐƚƌƵĐƚŝŽŶŵĞĂŶƐĂŶĚ ŵĞƚŚŽĚƐ͕ĐƌĞĂƚŝŶŐĂŶĂƌƚŝĐƵůĂƚĞĚƌŽŽĨĂŶĚƌŽŽĨůŝŶĞƚŚĂƚŚĞůƉƐƚŽƐƚƌĞŶŐƚŚĞŶƚŚŝƐĂƌĐŚŝƚĞĐƚƵƌĂůĚŝĂůŽŐƵĞĂŶĚĞŵƵůĂƚĞƚŚĞ,ŝƐƚŽƌŝĐĂů ^ƚŽƌLJŽĨKůĞ,ĂŶƐŽŶ͘
dŽĂĐŚŝĞǀĞƚŚŝƐ͕ƚŚĞĂƌĐŚŝƚĞĐƚƵƌĂůĚĞƐŝŐŶƚĞĂŵůŽŽŬĞĚƚŽƉƌŽǀŝĚĞĐŽŶǀĞŶƚŝŽŶĂůǁŽŽĚĨƌĂŵŝŶŐǁŝƚŚĂĐŽŶƐƚĂŶƚƉůĂƚĞůŝŶĞĂŶĚĂĚĚĞĚ ĂƌƚŝĐƵůĂƚĞĚƌŽŽĨĞůĞŵĞŶƚƐ͞ĐŽŶƚƌŽůůĞĚďLJůŝŵŝƚƐŽŶƌŽŽĨŚĞŝŐŚƚ͟; džĐůƵĚĞĚ&ĞĂƚƵƌĞƐͿ͘dŚĞƐĞĞůĞŵĞŶƚƐĂƌĞůŝƐƚĞĚĂƐĨŽůůŽǁƐ͗ ϭ͘ 'ĂďůĞ
ŶĚƐ
Ϯ͘ ^ůŽƉĞĚZŽŽĨƐ
ϯ͘ WĂƌĂƉĞƚtĂůůƐ
ϰ͘ ΘŽƚŚĞƌ͞ǀĞƌƚŝĐĂůĞdžƚĞŶƐŝŽŶƐ͟ʹ͞Z/^
,
>^͟
dŚĂŶŬLJŽƵŝŶĂĚǀĂŶĐĞĨŽƌLJŽƵƌƚŝŵĞĂŶĚĐŽŶƐŝĚĞƌĂƚŝŽŶŝŶƌĞǀŝĞǁŝŶŐĂŶĚƉƌŽĐĞƐƐŝŶŐƚŚŝƐƉƌŽũĞĐƚ͘WůĞĂƐĞĨĞĞůĨƌĞĞƚŽĐŽŶƚĂĐƚ ŵĞǁŝƚŚĂŶLJƋƵĞƐƚŝŽŶƐŽƌĐŽŵŵĞŶƚƐ͘
ZĞƐƉĞĐƚĨƵůůLJƐƵďŵŝƚƚĞĚďLJ͗
:ŽƌĚĞŶ^ĞŐƌĂǀĞƐ͕/͕ >
W͕ EZ
WƌŝŶĐŝƉĂů
:KZ
E^
'Zs
^Z,/d
d͗/E͘
ƉŚϵϰϵ͘ϯϯϴ͘ϮϲϬϯ
161
ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ ηϭϬϮ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ ϭ ŽĨ ϭ
Maximum Height Summary:
ƌĞĂƐŽĨZŽŽĨŽǀĞƌϰϰ͛ͲϬ͟ƉĞƌŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐ^ĞĐƚŝŽŶϭϮ͘Ϯϰ͘ϭϭϬ͘ ƌĞĂϳʹ,ĞŝŐŚƚϰϰ͛Ͳϳ͟
dŽƚĂůƌĞĂ ϯϱϴƐ͘Ĩ͘
ƌĞĂϭϭʹ,ĞŝŐŚƚϰϰ͛ʹϱ͟
dŽƚĂůƌĞĂ ϰϯϳƐ͘Ĩ͘
dŽƚĂůƌĞĂ ϳϵϱƐ͘Ĩ͘
ƌĞĂйŽĨ>ŽƚŽǀĞƌĂŐĞ ϲ͘ϱй
;ϳϵϱͬϭϮ͕ϭϯϬͿ
ƌĞĂŽĨZŽŽĨŽǀĞƌϰϱ͛ͲϬ͟
;
džĞŵƉƚƉĞƌŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐ^ĞĐƚŝŽŶϭϮ͘Ϯϰ͘ϭϭϬ͖͕ϰͿ ƌĞĂϭϯͲϭϰʹ,ĞŝŐŚƚϰϳ͛Ͳϵ͟
dŽƚĂůƌĞĂ ϭϬϬƐ͘Ĩ͘
ƌĞĂйŽĨ>ŽƚŽǀĞƌĂŐĞ Ϭ͘ϴй
;ϭϬϬͬϭϮ͕ϭϯϬͿ
dŽƚĂů>ŽƚŽǀĞƌĂŐĞŽǀĞƌϰϰ͛ͲϬ ϳ͘ϯй
WĞƌĐĞŶƚĂƐĂйŽĨ>ŽƚƌĞĂ Ϯ͘ϴй
;ϳϵϱнϭϬϬͬϯϮ͕ϬϯϬͿ
Exhibit B:
ƌĞĂƐ ŽĨ ZŽŽĨŽǀĞƌϰϰ͛ͲϬ͟ƉĞƌŝƚLJ ŽĨ^ĂŶ ůĞŵĞŶƚĞŽŶŝŶŐ^ĞĐƚŝŽŶϭϮ͘Ϯϰ͘ϭϭϬ͘ ƌĞĂ ϳʹ,ĞŝŐŚƚ ϰϰ͛Ͳϳ͟
dŽƚĂů ƌĞĂ ϯϱϴ Ɛ͘Ĩ͘
ƌĞĂ ϭϭ ʹ ,ĞŝŐŚƚ ϰϰ͛ ʹϱ͟
dŽƚĂů ƌĞĂ ϰϯϳ Ɛ͘Ĩ͘
dŽƚĂů ƌĞĂ ϳϵϱ Ɛ͘Ĩ͘
;ϳϵϱ ͬ ϭϮ͕ϭϯϬͿ
ƌĞĂ ŽĨZŽŽĨ ŽǀĞƌ ϰϱ͛ͲϬ͟
;
džĞŵƉƚ ƉĞƌŝƚLJ ŽĨ^ĂŶ ůĞŵĞŶƚĞ ŽŶŝŶŐ^ĞĐƚŝŽŶϭϮ͘Ϯϰ͘ϭϭϬ͖ ͕ϰͿ ƌĞĂϭϯͲϭϰʹ,ĞŝŐŚƚ ϰϳ͛Ͳϵ͟
dŽƚĂů ƌĞĂ ϭϬϬ Ɛ͘Ĩ͘
Ő Ϭ
;ϭϬϬ ͬϭϮ͕ϭϯϬͿ
dŽ
WĞƌĐĞŶƚ ĂƐĂйŽĨ >Žƚ ƌĞĂ Ϯ͘ϴй
;ϳϵϱнϭϬϬ ͬ ϯϮ͕ϬϯϬͿ
ƌ
ƌĞĂйŽĨ >Žƚ ŽǀĞƌĂŐĞ Ϭ͘ϴй
ƌĞĂ й ŽĨ>ŽƚŽǀĞƌĂŐĞ ϲ͘ϱй
ŽƚĂů >Žƚ ŽǀĞƌĂŐĞ ŽǀĞƌ ϰϰ͛ͲϬϳ͘ϯй
162
(19
/$1'6&$3( 3/$11,1* '(6,*1,1&
0(025$1'80
:HKDYHUHFHLYHGWKH&LW\3ODQ5HYLHZ&RPPHQWVRQWKHVXEMHFWRIDGGUHVVLQJ WKHSODQWLQJ DUHDVRQWKH1RUWKVLGHRIWKH$UFKLWHFWXUHWRVRIWHQ DQGHQKDQFH 5HIHUWRWKHIROORZLQJUHVSRQVHV
3ODQQLQJ&RPPHQWV
$GGUHVVSODQQLQJFRQFHSWRIWKH1RUWK6LGHRI7KH+DQVRQIDFLQJWKHH[LVWLQJ 'UDLQDJH&KDQQHO3LFR3DUNDQGWKH0DUEOHKHDGFRPPXQLW\EH\RQG 5HVSRQVH
7KH&LW\RI6DQ&OHPHQWHERDVWVDODQGVFDSHHQYLURQPHQWWUXO\XQLTXHWRWKH ZRUOG7KH+DQVRQVLWHDORQJZLWKLWVVXUURXQGLQJRSHQVSDFHVDQGDGMDFHQW DUHDVIHDWXUHVVRPHRIWKHPRVWLFRQLFQDWLYHSODQWFRPPXQLWLHVDQGWUHHVWKDW GHILQHWKLVUHPDUNDEOHUHJLRQ7KHVHLQFOXGH
&DOLIRUQLD6DJHEUXVK
$UWHPLVLDFDOLIRUQLFD
$KDOOPDUNRIFRDVWDOVDJH
VFUXEWKLVDURPDWLFVKUXEWKULYHVLQGU\VDQG\VRLOVDQGSURYLGHVHVVHQWLDO KDELWDWIRUORFDOZLOGOLIH
%ODFN6DJH
6DOYLDPHOOLIHUD
5HQRZQHGIRULWVIUDJUDQWOHDYHVDQG
SXUSOHEORRPVWKLVGURXJKWWROHUDQWVKUXEDWWUDFWVSROOLQDWRUVDQG FRPSOHPHQWVWKHFRDVWDOHFRV\VWHP
:HVWHUQ5HGEXG
&HUFLVRFFLGHQWDOLV
$VWULNLQJVPDOOHUWUHHWKDWDGGV
YLEUDQWSLQNIORZHUVLQVSULQJHQKDQFLQJULSDULDQ]RQHVZLWKLWVEHDXW\ 7R\RQ
+HWHURPHOHVDUEXWLIROLD
2IWHQVKDSHGLQWRDWUHHIRUPLWVLFRQLF
UHGEHUULHVQRXULVKORFDOZLOGOLIHDQGFRQWULEXWHWRWKHUHJLRQpVHFRORJLFDO KHDOWK
&DWDOLQD,URQZRRG
/\RQRWKDPQXVIORULEXQGXVVVSDVSOHQLIROLXV
$
VOHQGHUXSULJKWWUHHZLWKGLVWLQFWSHHOLQJEDUNDQGIHUQOLNHIROLDJHDGGLQJ YHUWLFDOLQWHUHVWWRWKHODQGVFDSH
&DOLIRUQLD%XFNH\H
$HVFXOXVFDOLIRUQLFD
$GHFLGXRXVWUHHWKDW
GHOLJKWVZLWKLWVVKRZ\ZKLWHIORZHUVDQGXQLTXHVHHGSRGV ĺϡϙ
ĺŪIJťƅϙĺċϙÍIJϙ
īôıôIJťôϙ
īÍIJIJĖIJČϙ"ĖŽĖŜĖĺIJϠϙťťIJϟϙVĺēIJϙ
ĖÍıŕÍϙ
>Řĺıϡϙ ēôĺîĺŘôϙFÍIJIJôČÍIJϠϙ(b«͔ϙ
"Íťôϡϙ ͒ϯ͔͑ϯ͑͏͔͑ϙ
Vĺæϙbĺϟϡϙ ͑͏͐͏͏ϙ
ŪæĤôèťϡϙϙ
FÍIJŜĺIJϙFĺťôīϙϙ
aϙ͑͑ϱ͓͒͑ϙϳϙ͑͑ϱ͒͑͐Ϡϙ
͑͑ϱ͒͑͑Ϡϙ
F͑͑ϱ͒͑͒ϙ
bĺŘťēϙ>ÍèĖIJČϙ®ÍīīϙĺċϙťēôϙŘèēĖťôèťŪŘôϙÍIJîϙ
ĺIJîĖťĖĺIJÍīϙŕŕŘĺŽÍīϙĺċϙťēôϙ[ÍIJîŜèÍŕôϙ
&DOO(QWUDGHUR
6DQ-XDQ&DSLVWUDQR&D
3KRQH
7HG#(19QHW
163
7KHVHFDUHIXOO\VHOHFWHGQDWLYHSODQWVDUHXQLTXHO\DGDSWHGWRWKH0HGLWHUUDQHDQ FOLPDWHRI6DQ&OHPHQWHPDNLQJWKHPLQWHJUDOWRSUHVHUYLQJDQGHQKDQFLQJWKH FLW\pVQDWXUDOFKDUDFWHU
,QDGGUHVVLQJWKH1RUWK6LGHRI7KH+DQVRQLWVDUFKLWHFWXUDOHOHYDWLRQIDFHV ERWKWKHH[LVWLQJ'UDLQDJH&KDQQHODQGWKH0DUEOHKHDGFRPPXQLW\WRWKHQRUWK 7RVRIWHQWKHVWUXFWXUH
VYLVXDOLPSDFWDQGWUDQVLWLRQLWVHDPOHVVO\LQWRWKHQDWXUDO HQYLURQPHQWWKHSURSRVHGSODQWLQJGHVLJQSULRULWL]HVOD\HULQJWKHUHJLRQpVWRSVL[ QDWLYHSODQWPDWHULDOVZKLFKZLOOEHILQDOL]HGGXULQJWKH'HVLJQ'HYHORSPHQW SKDVH
.H\FRQVLGHUDWLRQVIRUSODQWLQJLQFOXGHDWKRXJKWIXOPL[RIKLJKPHGLXPDQG ORZYHJHWDWLRQKHLJKWVDVZHOODVLQFRUSRUDWLQJDYDULHW\RIWH[WXUHVDQGIRUPV 7KLVZLOOLQFOXGH
• 9HUWLFDO$FFHQW3DOPVVXFKDV3KRHQL[GDFW\OLIHUD
'DWH3DOP
DQG
:DVKLQJWRQLDUREXVWD
0H[LFDQ)DQ3DOP
SODFHGVWUDWHJLFDOO\LQDUHDV
ZKHUHSODQWLQJZLGWKVZLGHQDOORZLQJWKHLUHOHJDQWSURILOHVWRFRPSOHPHQW WKHDUFKLWHFWXUHZLWKRXWRYHUZKHOPLQJWKHVSDFH
• 6FUHHQLQJ+HGJHV
7DOOHYHUJUHHQKHGJHVFDSDEOHRIUHDFKLQJt
IHHWLQKHLJKWDQGtIHHWLQZLGWKZLOOVRIWHQWKHPDVVLQJRIVWXFFRZDOOV ZKLOHPDLQWDLQLQJVSDWLDOKDUPRQ\
• /D\HUHG6KUXEVDQG*URXQGFRYHUV
$FXUDWHGDUUDQJHPHQWRIORZ
VKUXEV
tIHHWLQKHLJKW
IORZHULQJGURXJKWWROHUDQWYLQHVVXFKDV
%RXJDLQYLOOHDDQGFRORUIXOJURXQGFRYHUVZLOOFUHDWHGHSWKDQGYLVXDO LQWHUHVW
7KLVGHOLEHUDWHDSSURDFKHQVXUHVWKDW7KH+DQVRQ%RXWLTXH+RWHOUHIOHFWVDQ q2OH+DQVRQ6SDQLVK&RORQLDO9LOODrDHVWKHWLFVHDPOHVVO\EOHQGLQJLQWRWKH VWXQQLQJQDWXUDO&DOLIRUQLDFRDVWOLQH7KHWKRXJKWIXOO\GHVLJQHGSODQWLQJVZLOO VHUYHDVDEULGJHDQGVHDPOHVVO\EOHQGEHWZHHQWKHEXLOWHQYLURQPHQWDQGWKH DGMDFHQWQDWLYHq1DWXUDOrODQGVFDSHVHQKDQFLQJWKHFLW\pVRQHRIDNLQGFKDUP 7KHH[LVWLQJ'UDLQDJH&KDQQHOZKLFKRULJLQDWHVDW3LFR3OD]DDQGWUDYHUVHV SDVWWKH+DQVRQVLWHLVLQWHJUDOWRWKHDUHDpVK\GURORJ\DQGWHUPLQDWHVDWWKH EHDFKFDWFKEDVLQQHDUWKH0HWUROLQN6WDWLRQ7KLVFKDQQHOpVFRQWH[WIXUWKHU HPSKDVL]HVWKHQHHGIRUDKDUPRQLRXVGHVLJQWKDWUHVSHFWVDQGLQWHJUDWHVWKH VXUURXQGLQJQDWXUDODQGEXLOWHQYLURQPHQWV
164
(19
/$1'6&$3( 3/$11,1* '(6,*1,1&
0(025$1'80
ŕŕŘĺŽôîϙťŘôôťϙŘôôϙÍèèĺŘîĖIJČϙťēôϙ͐͗͗͘ϙ[ÍIJîŜèÍŕôϙ@ŪĖîôīĖIJôŜϙЭϙīťôŘIJÍťĖŽôŜϙ ēôϙ
ĺIJîĖťĖĺIJÍīϙŕŕŘĺŽÍīϙſĖīīϙÍîîŘôŜŜϙťēôϙŜŕôèĖċĖèϙťŘôôťϙŘôôϙċĺŘϙ(īϙ ÍıĖIJĺϙôÍīϙ
ÍIJîϙĖèĺϙĺÍîϟϙēĖŜϙĺŪťīĖIJôϙÍŜŜĖŜťϙťēôϙôÍıϙÍŜϙĖťϙīĺĺħŜϙÍťϙťēôϙ"ôŜĖČIJÍťôîϙťŘôôťϙ ŘôôŜϙÍŜŜĖČIJôîϙĖIJϙťēôϙ͐͗͗͘ϙ[ÍIJîŜèÍŕôϙ@ŪĖîôīĖIJôŜϙŕČŜϙ͑͘ϱ͓͒ϟϙ ēĖŜϙŘôŕĺŘťϙīĺĺħŜϙĖIJťĺϙťēôϙŕŘĺŜϙÍIJîϙèĺIJŜϙĺċϙťēôϙēôĺIJĖƄϙîÍèťÍīĖċôŘÍϠϙ"ÍťôϙÍīıϙŽŜϙ ®ÍŜēĖIJČťĺIJĖÍϙŘĺæŪŜťÍϠϙaôƄĖèÍIJϙ>ÍIJϙÍīıϙ
(īϙ
ÍıĖIJĺϙôÍīϡϙ
ēôϙèŪŘŘôIJťϙťŘôôťϙŘôôϙīĖŜťôîϙĖIJϙťēôϙ"ôŜĖČIJϙ@ŪĖîôīĖIJôŜϙĖŜϙIJĺťôîϙÍŜϙťēôϙ®ÍŜēĖIJČťĺIJĖÍϙ ŘĺæŪŜťÍϠϙaôƄĖèÍIJϙ>ÍIJϙÍīıϟϙ
®ôϙÍŘôϙŕŘĺŕĺŜĖIJČϙťēôϙēĺôIJĖƄϙ"ÍèťÍīĖċôŘÍϠϙ"ÍťôϙÍīıϟϙ
ĺIJŜϙĺċϙťēôϙ®ÍŜēĖIJČťĺIJĖÍϙŘĺæŪŜťÍϠϙaôƄĖèÍIJϙ>ÍIJϙÍīıϟϙ
͐ϟ ēôϙaôƄĖèÍIJϙ>ÍIJϙÍīıϙČŘĺſŜϙťĺϙ͐͏͏ϙċôôťϙÍIJîϙťēÍťϙĖŜϙôƄŕôIJŜĖŽôϙťĺϙŘôÍèēϙċĺŘϙ ŕôŘĖĺîĖèϙŕŘŪIJĖIJČϟ
͑ϟ īĺèħĖIJČϙŽĖôſϙĺċϙťēôϙŪŕŕôŘϙŘĺĺıŜϙĺċϙťēôϙēĺťôīϙÍIJîϙaÍŘæīôēôÍîϙŘôŜĖîôIJèôŜϟϙ ͒ϟ ÍīīϙÍIJîϙťĺŕϙēôÍŽƅϙſēôIJϙťŘôôϙĖŜϙŜŪæĤôèťŜϙťĺϙŘĺĺťϙæÍīīϙŘôŜťŘĖèťôîϙŜŕÍèôϟϙ ēôϙċĺīīĺſĖIJČϙÍŘôϙŜťÍťĖŜťĖèŜϙĺIJϙťŘôôϙēôĖČēťŜϙÍIJîϙèÍIJĺŕƅϙèŘĺſIJϙſĖîťēŜϙŕīÍIJťôîϙĖIJϙťēôϙ IJÍťŪŘÍīϙôIJŽĖŘĺIJıôIJťϙÍIJîϙťēôϙŜÍıôϙŜŕôèĖôŜϙèĺIJťŘĺīīôîϙĖIJϙČŘĺſťēϙſĖťēϙťēôϙŪŜôϙĺċϙŘĺĺťϙ æÍŘŘĖôŘŜϙ
ēĺôIJĖƄϙîÍèťÍīĖċôŘÍϠϙ"ÍťôϙÍīıϙŕīÍIJťôîϙſĖťēĺŪťϙŘĺĺťϙæÍīīϙϼÍīīĺſôîϙťĺϙČŘĺſϙĖIJϙ IJÍťŪŘÍīϙôIJŽĖŘĺIJıôIJťϽϙ
͐ϟϙĺĺťϙÍīīϙĖƏôϙċŘĺıϙÍϙ͓͑ГϙĺƄϡϙ®ēôIJϙŕīÍIJťôîϙÍŜϙÍϙèĖťƅϙŜťŘôôťϙťŘôôϙċŘĺıϙÍϙ͓͑ГϙæĺƄϠϙ ťēôϙŘĺĺťæÍīīϙťƅŕĖèÍīīƅϙıôÍŜŪŘôŜϙÍŘĺŪIJîϙ͓͑ϙĖIJèēôŜϙĖIJϙîĖÍıôťôŘϟϙϟϙ ͑ϟϙŘôôϙFôĖČēťϙÍťϙ>ŪīīϙaÍťŪŘĖťƅϡϙēôϙēĺôIJĖƄϙîÍèťƅīĖċôŘÍϙèÍIJϙŘôÍèēϙÍϙēôĖČēťϙĺċϙ͔͏ϙťĺϙ ͖͔ċôôťϙϼ͔͐ϙťĺϙ͑͒ϙıôťôŘŜϽϙÍťϙċŪīīϙıÍťŪŘĖťƅ͓ϟϙ(ƄèôŕťĖĺIJÍīϙŜŕôèĖıôIJŜϙıÍƅϙČŘĺſϙťÍīīôŘϙ ŪIJîôŘϙĖîôÍīèĺIJîĖťĖĺIJŜϟ
ĺϡϙ
ĺŪIJťƅϙĺċϙÍIJϙ
īôıôIJťôϙ
īÍIJIJĖIJČϙ"ĖŽĖŜĖĺIJϠϙťťIJϟϙVĺēIJϙ
ĖÍıŕÍϙ
>Řĺıϡϙ ēôĺîĺŘôϙFÍIJIJôČÍIJϠϙ(b«͔ϙ
"Íťôϡϙ ͒ϯ͔͑ϯ͑͏͔͑ϙ
Vĺæϙbĺϟϡϙ ͑͏͐͏͏ϙ
ŪæĤôèťϡϙϙ
FÍIJŜĺIJϙFĺťôīϙϙ
aϙ͑͑ϱ͓͒͑ϙϳϙ͑͑ϱ͒͑͐Ϡϙ
͑͑ϱ͒͑͑Ϡϙ
F͑͑ϱ͒͑͒ϙ
ťŘôôťϙŘôôϙŕôèĖôŜϙ
ēÍŘÍèťôŘĖŜťĖèŜϙĖıŕīôıôIJťôîϙĖIJϙi®ϙſĖťēϙĺĺťϙÍŘŘĖôŘϙ
ŜŕôèĖċĖèÍťĖĺIJŜϙÍIJîϙîôŜèŘĖŕťĖĺIJŜϙ
&DOO(QWUDGHUR
6DQ-XDQ&DSLVWUDQR&D
3KRQH
7HG#(19QHW
165
͒ϟϙĺĺťϙÍīīϙĖƏôϙÍťϙaÍťŪŘĖťƅϡϙťϙıÍťŪŘĖťƅϠϙťēôϙŘĺĺťϙŜƅŜťôıϙĺċϙÍϙēĺôIJĖƄϙîÍèťƅīĖċôŘÍϙ ôƄŕÍIJîŜϙŜĖČIJĖċĖèÍIJťīƅϟϙ®ēĖīôϙôƄÍèťϙîĖıôIJŜĖĺIJŜϙèÍIJϙŽÍŘƅϠϙıÍťŪŘôϙŘĺĺťϙæÍīīŜϙèÍIJϙŜŕÍIJϙ ͐͑ДϙĖIJϙîĖÍıôťôŘϠϙĺċťôIJϙôƄťôIJîĖIJČϙæôƅĺIJîϙťēôϙèÍIJĺŕƅϙſĖîťēϙ ēĺôIJĖƄϙîÍèťƅīĖċôŘÍϠϙ"ÍťôϙÍīıϙŕīÍIJťôîϙĖIJϙÍϙ
ĖťƅϙĖČēťϱĺċϱ®ÍƅϯϙĖîôſÍīħϙſĖťēϙÍϙ
ŘĺĺťϙæÍŘŘĖôŘϙ
IťŜϙČŘĺſťēϙĖŜϙĖIJîôôîϙŘôŜťŘĖèťôîϟϙĺĺťϙæÍŘŘĖôŘŜϙîĖŘôèťϙŘĺĺťŜϙîĺſIJſÍŘîϯîôôŕϙťĺϙťēſÍŘťϙ ĖIJťôŘċôŘôIJèôϙſĖťēϙŜťŘŪèťŪŘôŜϙÍîĤÍèôIJťϟϙFôŘôДŜϙſēÍťϙťƅŕĖèÍīīƅϙēÍŕŕôIJŜϙťĺϙČŘĺſťēϙ ŘÍťôŜϡϙ
͐ϟϙaÍťŪŘôϙFôĖČēťϡϙēôϙťŘôôДŜϙēôĖČēťϙĖŜϙŘôîŪèôîϙîŪôϙťĺϙťēôϙīĖıĖťôîϙŘĺĺťϙôƄŕÍIJŜĖĺIJϟϙ IIJŜťôÍîϙĺċϙŘôÍèēĖIJČϙĖťŜϙċŪīīϙŕĺťôIJťĖÍīϙĺċϙ͔͏ϳ͖͔ϙċôôťϠϙĖťϙıÍƅϙČŘĺſϙťĺϙÍŘĺŪIJîϙ͒͏ϳ͓͏ϙċôôťϠϙ îôŕôIJîĖIJČϙĺIJϙťēôϙŜŕôèĖċĖèÍťĖĺIJŜϙĺċϙťēôϙŜĖƏôϙĺċϙŘĺĺťϙæÍŘŘĖôŘϠϙŜŕôèĖċĖèϙèĺIJîĖťĖĺIJŜϙÍIJîϙ ťēôϙôƄťôIJťϙĺċϙŘĺĺťϙŘôŜťŘĖèťĖĺIJϟϙ
͑ϟϙĺĺťϙÍīīϙĖƏôϡϙēôϙŘĺĺťϙæÍŘŘĖôŘϙèĺIJċĖIJôŜϙťēôϙŘĺĺťϙŜƅŜťôıϠϙħôôŕĖIJČϙĖťϙŜıÍīīôŘϙťēÍIJϙ ĖťϙſĺŪīîϙIJÍťŪŘÍīīƅϙæôϟϙēôϙŘĺĺťϙæÍīīϙťƅŕĖèÍīīƅϙŘôıÍĖIJŜϙſĖťēĖIJϙÍ ͒ϳ͔ϙċĺĺťϙîĖÍıôťôŘϙ ŘÍIJČôϠϙťēôϙèĺIJèôŕťϙĺċϙťēôϙŘĺĺťϙæÍŘŘĖôŘϠϙÍŜϙťēôϙæÍŘŘĖôŘϙŕŘôŽôIJťŜϙťēôϙŘĺĺťŜϙċŘĺıϙ ŜŕŘôÍîĖIJČϙôƄťôIJŜĖŽôīƅϠϙîĖŘôèťĖIJČϙťēôϙŘĺĺťŜϙĺċϙťŘôôŜϙîĺſIJſÍŘîϟϙ®ôīīϙ"ŘÍĖIJŜϙÍīĺIJČϙſĖťēϙ >ŘôIJèēϙ"ŘÍĖIJŜϙĖIJŜťÍīīôîϙťĺϙŜôťϙſÍťôŘϙÍŽÍĖīÍæĖīĖťƅϙťĺϙťēôϙŘĺĺťϙæÍīīϙîôôŕôŘϠϙôIJèĺŪŘÍČôŜϙ ťēôϙŘĺĺťŜϙťĺϙČĺϙÍċťôŘϙťēôϙſÍťôŘϙŜĺŪŘèôϙĖIJŜťÍīīôîϙÍťϙťēôϙæÍŜôϙϼϙſÍťôŘϙÍèèôŜŜϙŪIJîôŘϙťēôϙ ŘĺĺťϙæÍīīϽϠϙťēôŜôϙîôťÍĖīŜϙÍîîŘôŜŜôîϙÍϙ"ϟ"ϟϙ
͒ϟϙēôϙıÍťŪŘôϙèÍIJĺŕƅϙſĖîťēϙĖŜϙťƅŕĖèÍīīƅϙÍŘĺŪIJîϙ͐͑ϱ͕͐ϙċôôťϠϙϼŘôîŪèôîϙċŘĺıϙ͔͑ϱ͒͏Дϙ èÍIJĺŕƅϙſĖîťēϟϙϽϙ
®ēôIJϙÍϙaôƄĖèÍIJϙ>ÍIJϙÍīıϙϼ®ÍŜēĖIJČťĺIJĖÍϙŘĺæŪŜťÍϽϙĖŜϙŕīÍIJťôîϙſĖťēϙÍϙŘĺĺťϙæÍŘŘĖôŘϙ ĖIJϙÍϙèĖťƅϙŘĖČēťĺċϱϙ
ſÍƅϙŜĖîôſÍīħϠϙĖťŜϙČŘĺſťēϙĖŜϙŘôŜťŘĖèťôîϟϙFôŘôДŜϙēĺſϙťēĖŜϙĖıŕÍèťŜϙťēôϙťŘôôϡϙ ͐ϟϙaÍťŪŘôϙFôĖČēťϡϙēôϙťŘôôДŜϙēôĖČēťϙſĖīīϙæôϙŘôîŪèôîϙîŪôϙťĺϙťēôϙīĖıĖťôîϙŘĺĺťϙ ôƄŕÍIJŜĖĺIJϟϙIIJŜťôÍîϙ
ĺċϙŘôÍèēĖIJČϙĖťŜϙċŪīīϙŕĺťôIJťĖÍīϙĺċϙ͕͏ϳ͐͏͏ϙċôôťϠϙĖťϙıÍƅϙČŘĺſϙťĺϙÍŘĺŪIJîϙ͕͏ϱ͖͔ϙċôôťϠϙ îôŕôIJîĖIJČϙĺIJϙťēôϙôƄťôIJťϙĺċϙťēôϙŘĺĺťϙæÍŘŘĖôŘϙÍIJîϙôIJŽĖŘĺIJıôIJťÍīϙċÍèťĺŘŜϟϙ ͑ϟϙĺĺťϙÍīīϙĖƏôϡϙēôϙŘĺĺťϙæÍŘŘĖôŘϙèĺIJċĖIJôŜϙťēôϙŘĺĺťϙŜƅŜťôıϠϙħôôŕĖIJČϙĖťϙŜıÍīīôŘϙťēÍIJϙ ĖťϙſĺŪīîϙIJÍťŪŘÍīīƅϙæôϟϙēôϙŘĺĺťϙæÍīīϙŘôıÍĖIJŜϙſĖťēĖIJϙťēôϙ͓͑ГϙſĖîťēϙôIJèĺŪŘÍČĖIJČϙťēôϙ ŘĺĺťŜϙîĺſIJſÍŘîϟϙϙ͔ϳ͗ϙċĺĺťϙîĖÍıôťôŘϙŘÍIJČôϙîĺſIJſÍŘîϠϙÍŜϙťēôϙæÍŘŘĖôŘϙŕŘôŽôIJťŜϙťēôϙ ŘĺĺťŜϙċŘĺıϙŜŕŘôÍîĖIJČϙôƄťôIJŜĖŽôīƅϟϙ
͒ϟϙēôϙıÍťŪŘôϙèÍIJĺŕƅϙſĖîťēϙĖŜϙČôIJôŘÍīīƅϙ͗ϳ͐͑ϙċôôťϟϙIťŜϙIJÍŘŘĺſôŘϙèÍIJĺŕƅϙÍīīĺſŜϙıĺŘôϙ ŽĖôſϙæŪťϙŕīÍIJťôîϙĺIJϙŜťŘôôťϙīôŽôīϙſĖīīϙæôϙĖIJϙôƅôϱīĖIJôϙĺċϙŜĖťôϙċĺŘϙťēôϙēĺťôīŜϙŪŕŕôŘϙċīĺĺŘϙ ŘĺĺıŜϟϙ
bôſϙ¾ôÍīÍIJîϙ
ēŘĖŜťıÍŜϙŘôôϙϼaôťŘĺŜĖîôŘĺŜϙôƄèôīŜÍϽϙĖIJϙĖťŜϙbÍťŪŘÍīϙôŽIJĖŘĺIJıôIJťϙ ŽŜϟϙŕīÍIJťôîÍŜϙÍϙťŘôôťϙŘôôϙÍIJîϙĺĺťϙÍīīϙÍŘŘĖôŘϙĖŜϙĖIJϙŕīÍèôϡϙ ϙϙ
bÍťŪŘÍīϙFÍæĖťÍťϡϙ
͐ϟϙĺĺťϙÍīīϙĖƏôϙċŘĺıϙÍϙ͓͑ГϙĺƄϡϙ®ēôIJϙŕīÍIJťôîϙċŘĺıϙÍϙ͓͑ГϙæĺƄϠϙťēôϙŘĺĺťϙæÍīīϙ ťƅŕĖèÍīīƅϙıôÍŜŪŘôŜϙ͓͑ϙĖIJèēôŜϙĖIJϙîĖÍıôťôŘϠϙÍŜϙĖŜϙŜťÍIJîÍŘîϙċĺŘϙťŘôôŜϙĺċϙťēĖŜϙŜĖƏôϟϙϙ 166
͑ϟϙŘôôϙFôĖČēťϙÍťϙ>ŪīīϙaÍťŪŘĖťƅϡϙIIJϙĖťŜϙIJÍťŪŘÍīϙēÍæĖťÍťϠϙťēôϙĺēŪťŪħÍſÍϙèÍIJϙČŘĺſϙťĺϙÍϙ ēôĖČēťϙĺċϙ͒͏ϙťĺϙ͔͏ϙċôôťϙϼ͘ϙťĺϙ͔͐ϙıôťôŘŜϽϙŪIJîôŘϙťƅŕĖèÍīϙèĺIJîĖťĖĺIJŜϟϙIIJϙôƄèôŕťĖĺIJÍīϙ èÍŜôŜϠϙĖťϙıÍƅϙŘôÍèēϙŪŕϙťĺϙ͗͏ϙċôôťϙϼ͓͑ϙıôťôŘŜϽϙĖIJϙĖîôÍīϙôIJŽĖŘĺIJıôIJťŜϟϙ ͒ϟϙĺĺťϙÍīīϙĖƏôϙÍťϙaÍťŪŘĖťƅϡϙēôϙŘĺĺťϙŜƅŜťôıϙĺċϙťēôϙĺēŪťŪħÍſÍϙĖŜϙôƄťôIJŜĖŽôϙÍIJîϙ èÍIJϙŜŕŘôÍîϙſôīīϙæôƅĺIJîϙťēôϙèÍIJĺŕƅϟϙťϙıÍťŪŘĖťƅϠϙťēôϙŘĺĺťϙæÍīīϙıÍƅϙŜŕÍIJϙ͑͏ϙťĺϙ͒͏ϙ ċôôťϙĖIJϙîĖÍıôťôŘϠϙîôŕôIJîĖIJČϙĺIJϙŜĺĖīϙèĺIJîĖťĖĺIJŜϙÍIJîϙÍŽÍĖīÍæīôϙŜŕÍèôϟϙ ®ēôIJϙÍϙbôſϙ¾ôÍīÍIJîϙ
ēŘĖŜťıÍŜϙŘôôϙϼaôťŘĺŜĖîôŘĺŜϙôƄèôīŜÍϽϙĖŜϙŕīÍIJťôîϙſĖťēϙÍϙ ŘĺĺťϙæÍŘŘĖôŘϙĖIJϙÍϙèĖťƅϙŘĖČēťϱĺċϱſÍƅϯϙŜĖîôſÍīħϠϙĖťŜϙČŘĺſťēϙĖŜϙŘôŜťŘĖèťôîϟϙFôŘôДŜϙēĺſϙ ťēĖŜϙĖıŕÍèťŜϙťēôϙťŘôôϡϙ
͐ϟϙĺĺťϙÍīīϙĖƏôϙċŘĺıϙÍϙ͓͑ГϙĺƄϡϙ®ēôIJϙŕīÍIJťôîϙċŘĺıϙÍϙ͓͑ГϙæĺƄϠϙťēôϙŘĺĺťϙæÍīīϙ ťƅŕĖèÍīīƅϙıôÍŜŪŘôŜϙ͓͑ϙĖIJèēôŜϙĖIJϙîĖÍıôťôŘϠϙÍŜϙĖŜϙŜťÍIJîÍŘîϙċĺŘϙťŘôôŜϙĺċϙťēĖŜϙŜĖƏôϟϙĺĺťϙ ÍŘŘĖôŘϙĖIJŜťÍīīôîϙťĺϙèĺIJťŘĺīϟϙ
͑ϟϙaÍťŪŘôϙFôĖČēťϡϙēôϙťŘôôДŜϙēôĖČēťϙſĖīīϙæôϙŘôîŪèôîϙîŪôϙťĺϙťēôϙīĖıĖťôîϙŘĺĺťϙ ôƄŕÍIJŜĖĺIJϟϙIIJŜťôÍîϙĺċϙŘôÍèēĖIJČϙĖťŜϙċŪīīϙŕĺťôIJťĖÍīϙĺċϙ͒͏ϳ͔͏ϙċôôťϙϼĺŘϙŪŕϙťĺϙ͗͏ϙċôôťϙĖIJϙ ĖîôÍīϙèĺIJîĖťĖĺIJŜϽϠϙĖťϙıÍƅϙČŘĺſϙťĺϙÍŘĺŪIJîϙ͑͏ϳ͒͏ϙċôôťϠϙîôŕôIJîĖIJČϙĺIJϙťēôϙôƄťôIJťϙĺċϙťēôϙ ŘĺĺťϙæÍŘŘĖôŘϙÍIJîϙôIJŽĖŘĺIJıôIJťÍīϙċÍèťĺŘŜϟϙ
͑ϟϙĺĺťϙÍīīϙĖƏôϡϙēôϙŘĺĺťϙæÍŘŘĖôŘϙèĺIJċĖIJôŜϙťēôϙŘĺĺťϙŜƅŜťôıϠϙħôôŕĖIJČϙĖťϙŜıÍīīôŘϙťēÍIJϙ ĖťϙſĺŪīîϙIJÍťŪŘÍīīƅϙæôϟϙēôϙŘĺĺťϙæÍīīϙıĖČēťϙŘôıÍĖIJϙſĖťēĖIJϙÍϙťĺϙťēôϙŜôťϙŘĺĺťϙæÍīīϙîÍƅīĖČēťϙ ĺċϙ͓͑ГϙϼċĺŘϙôƄÍıŕīôϽϙſĖťēϙŘĺĺťŜϙťēôIJϙГċīÍŘĖIJČГϙîĺſIJſÍŘîŜϙ͔ϳ͐͏ϙċĺĺťϙŘÍIJČôϠϙÍŜϙťēôϙ æÍŘŘĖôŘϙŕŘôŽôIJťŜϙťēôϙŘĺĺťŜϙċŘĺıϙŜŕŘôÍîĖIJČϙôƄťôIJŜĖŽôīƅϠϙĺŪťſÍŘîŜϟϙ ͒ϟϙēôϙıÍťŪŘôϙèÍIJĺŕƅϙſĖîťēϙèÍIJϙôƄŕÍIJîϙŜĖČIJĖċĖèÍIJťīƅϙťĺϙ͔͑ϱ͒͏ϙċôôťϙīôċťϙŪIJŕŘŪIJôîϙĺŘϙ ıÍĖIJťôIJÍIJèôŜϟϙēĖŜϙŜôťŪŕϙēôīŕŜϙŕŘĺťôèťϙŜĖîôſÍīħŜϙÍIJîϙIJôÍŘæƅϙĖIJċŘÍŜťŘŪèťŪŘôϙſēĖīôϙ ŜťĖīīϙÍīīĺſĖIJČϙťēôϙťŘôôϙťĺϙťēŘĖŽôϙſĖťēĖIJϙĖťŜϙèĺIJŜťŘÍĖIJťŜϠϙôŽôŘƅϙťŘôôϙťēÍťϙſĖīīϙæôϙŕīÍIJťôîϙĖIJϙ ÍIJîϙĺŪťϙĺċϙťēôϙi®ϙĺIJϙťēĖŜϙôIJťĖŘôϙŕŘĺĤôèťϟϟϟſĖīīϙēÍŽôϙÍϙŘĺĺťϙæÍŘŘĖôŘϙĖIJŜťÍīīôîϙÍŜϙ ĺŪťīĖIJôîϙĺIJϙťēôϙīÍIJťĖIJČϙ[ôČôIJîϟϙϙ
aÍťŪŘôϙ
ÍIJĺŕƅϙ®ĖîťēŜϙċĺŘϙôÍèēϙĺċϙťēôϙıôIJťĖĺIJôîϙťŘôôŜϙĖIJϙŘĺĺťϙæÍŘŘĖôŘŜϟϙ (īϙ
ÍıĖIJĺϙôÍīϡϙ
͐ϟϙēĺôIJĖƄϙîÍèťƅīĖċôŘÍϙϼ"ÍťôϙÍīıϽϡϙ(īϙ
ÍıĖIJĺϙôÍīϙ͔͐ϱϙ͐͗ϙċôôťϙ
͑ϟϙ®ÍŜēĖIJČťĺIJĖÍϙŘĺæŪŜťÍϙϼaôƄĖèÍIJϙ>ÍIJϙÍīıϽϡ(īϙ
ÍıĖIJĺϙôÍīϙ͐͑ϱ͕͐ϙċôôťϙ
͒ϟϙaôťŘĺŜĖîôŘĺŜϙôƄèôīŜÍϙϼbôſϙ¾ôÍīÍIJîϙ
ēŘĖŜťıÍŜϙŘôôϽϡϙĖèĺϙĺÍîϡϙ͔͐ϙϳϙ͑͏ϙċôôťϙ
ϼIJÍťŪŘÍīϙϡϙŪIJŕŘŪIJôîϙIJĺŘϙıÍĖIJťôIJÍIJèôϽϟϙϙ
IċϙťēôŘôϙÍŘôϙÍIJƅϙŗŪôŜťĖĺIJŜϙĺŘϙèĺııôIJťŜϠϙŕīôÍŜôϙċôôīϙċŘôôϙťĺϙèÍīīϙıƅϙĺċċĖèôϙÍťϙÍIJƅťĖıôϙ ťĺϙîĖŜèŪŜŜϟϙ
7KHRGRUH+DQQHJDQ
ͷ
KĨĨŝĐĞͬĞůů͗ϵϰϵ͘ϳϰϮ͘Ϭϲϱϴ
167
168
169
170
171
172
173
174
175
Architectural Project Description
Job NO. 2023 - 020
DATE: June 30, 2025
Reference: SPP 22.321, CUP 22.322, CHP 22.323
APN # 057.191..60
N-Tract #14486
Project Address:
The Galleria “The Hanson”
1801 North El Camino Real
San Clemente, CA 92673
Attention:
Adam Atamian
Deputy Director of Community Development
c/o
John Ciampa
Project Contract Planner
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϭŽĨϭϭ dŚĞWƌŽũĞĐƚdĞĂŵŝƐƌĞƋƵĞƐƚŝŶŐĂƉƉƌŽǀĂůŽĨĂΕϲϭͲƌŽŽŵŽƵƚŝƋƵĞ,ŽƚĞůнͬͲϯϬ͕ϬϯϯƐ͘Ĩ͘ǁŝƚŚĂнͬͲϭ͕ϳϮϲƐ͘Ĩ͘ ZĞƐƚĂƵƌĂŶƚŝŶĂdLJƉĞ///Ͳ͕ƚŚƌĞĞ;ϯͿƐƚŽƌLJƐƚƌƵĐƚƵƌĞŽǀĞƌĂdLJƉĞ/нͬͲϰϳ͕ϮϳϱƐ͘Ĩ͘WĂƌŬŝŶŐŐĂƌĂŐĞǁŝƚŚϭϬϰ ƉĂƌŬŝŶŐƐƚĂůůƐĂŶĚďƵŝůĚŝŶŐƐĞƌǀŝĐĞƐ͘
ϲϭͲƌŽŽŵŚŽƚĞůǁŝƚŚϮϱйĂĨĨŽƌĚĂďůĞƌŽŽŵƐ;ϭϲƌŽŽŵƐͿ
dŚĞƉƌŽũĞĐƚŝƐŝŶĂŚŝƐƚŽƌŝĐĂůŽǀĞƌůĂLJĂƌĞĂĂŶĚƌĞƋƵŝƌĞƐĂƵůƚƵƌĂů,ĞƌŝƚĂŐĞZĞǀŝĞǁ͘ dŚĞďƵŝůĚŝŶŐǁŝůůďĞĨƵůůLJƐƉƌŝŶŬůĞĚ͘
dŚĞŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐĨŽƌƚŚĞƐŝƚĞŝƐDh/ͲͲͲϮ;Dh/ͲͲWͿ͘ dŚĞƵŝůĚŝŶŐKĐĐƵƉĂŶĐLJƉĞƌϮϬϮϮŝƐ͗ͲϮ͕͕ZͲϭ
>ŽƚƌĞĂ͗ ϯϮ͕ϬϯϬƐ͘Ĩ͘;Ϭ͘ϴĐĞƌƐͿ
ůůŽǁĂďůĞƌĞĂ ϲϰ͕ϬϬϬƐ͘Ĩ͘
,ŽƚĞůZŽŽŵzŝĞůĚůůŽǁĞĚ
ϭZŽŽŵͬϱϬϬƐ͘Ĩ͘ ϲϰZŽŽŵƐůůŽǁĞĚхϲϭZŽŽŵƐWƌŽƉŽƐĞĚ ATTACHMENT 5
176
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϮŽĨϭϭ ŝƚLJƉƉůŝĐĂƚŝŽŶ;ƐͿZĞƋƵŝƌĞĚ͗
ŽŶĚŝƚŝŽŶhƐĞWĞƌŵŝƚ
^ŝƚĞWůĂŶWĞƌŵŝƚ
ƵůƚƵƌĂů,ĞƌŝƚĂŐĞWĞƌŵŝƚ
WƌŽũĞĐƚĞƐĐƌŝƉƚŝŽŶ͗
ϭ͘ hƌďĂŶĞƐŝŐŶ
ůĞŵĞŶƚƐ͗
Ă͘ WƵďůŝĐWůĂĐĞ'ŽĂůƐ
ď͘ 'ĂƚĞǁĂLJ'ŽĂůƐ
Đ͘ ƌĐŚŝƚĞĐƚƵƌĂůŽŵƉĂƚŝďŝůŝƚLJ
Ě͘ DĂŝŶƚĞŶĂŶĐĞ'ŽĂůƐ
Ğ͘ ƌĐŚŝƚĞĐƚƵƌĞĂŶĚ>ĂŶĚƐĐĂƉĞ'ŽĂůƐ
Ϯ͘ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞ>ŽĐĂůŽĂƐƚĂůWƌŽŐƌĂŵ
Ă͘ WƵďůŝĐsŝĞǁŽƌƌŝĚŽƌƐƐĞƐƐŵĞŶƚʹsŝƐƵĂůZĞƐŽƵƌĐĞƐ
ď͘ DĂũŽƌDŝŶŽƌ^ĐĞŶŝĐŽƌƌŝĚŽƌƐ
Đ͘ ,ŝƐƚŽƌŝĐĂůĂŶĚƵůƚƵƌĂůZĞƐŽƵƌĐĞƐ
hƌďĂŶĞƐŝŐŶ
ůĞŵĞŶƚƐ͗
Ă͘ WƵďůŝĐWůĂĐĞ'ŽĂůƐ
hͲϭ͘ϬϭƚŚƌƵhͲϭ͘ϭϭdŚĞƉƌŽũĞĐƚŝƐůŽĐĂƚĞĚĂƚƚŚĞŝŶƚĞƌƐĞĐƚŝŽŶŽĨ ůĂŵŝŶŽZĞĂůĂŶĚ
ǀĞŶƵĞWŝĐŽŽŶĞŽĨƚŚĞŵŽƌĞƉƌŽŵŝŶĞŶƚŝŶƚĞƌƐĞĐƚŝŽŶƐŝŶƚŚĞĐŝƚLJĂŶĚŝŶƚŚĞ,ĞĂƌƚŽĨƚŚĞ EŽƌƚŚĞĂĐŚ͞,ŝƐƚŽƌŝĐĂů͟ŝƐƚƌŝĐƚ͕ŬŝƚƚLJĐŽƌŶĞƌĨƌŽŵƚŚĞ,ŝƐƚŽƌŝĐĂůĞůDĂƌdŚĞĂƚĞƌ͘ WƌŽũĞĐƚhƌďĂŶĞƐŝŐŶ
ůĞŵĞŶƚƐ͗
Ă͘ WĞĚĞƐƚƌŝĂŶ^ĐĂůĞKůĞ,ĂŶƐĞŶƐƚLJůĞĂůŽŶŐǀĞŶŝĚĂWŝĐŽĂŶĚ ůĂŵŝŶŽZĞĂů͘
ď͘ KůĞ,ĂŶƐĞŶ^ĐĞŶŝĐĞŶĐŚǁŝƚŚĞŶŚĂŶĐĞĚƐƵŶƐĞƚǀŝĞǁƐ͘ Đ͘ ^ƚƌĞĞƚdƌĞĞƐĂůŽŶŐWŝĐŽ͘
Ě͘ ^ƚƌĞĞƚdƌĞĞƐĂůŽŶŐ
ůŽŵŝŶŽZĞĂů͘
Ğ͘ ƌƚŝĐƵůĂƚĞĚ,ŽƚĞů
ŶƚƌLJ͕ǁŝƚŚƐƚĞƉƉĞĚͲďĂĐŬĂƌĐŚŝƚĞĐƚƵƌĞĂƚƚŚĞůŽďďLJ͘
Ĩ͘ WŽĚŝƵŵĚĞĐŬŽǀĞƌůŽŽŬŝŶŐŚŝƐƚŽƌŝĐĂůĚŝƐƚƌŝĐƚǁŝƚŚĞŶŚĂŶĐĞĚƉƵďůŝĐŽĐĞĂŶ ǀŝĞǁƐ͘
Ő͘ dŝĞƌĞĚͬƉŚĂƐŝŶŐŽĨƉƵďůŝĐƐƉĂĐĞƚƌĂŶƐŝƚŝŽŶĨƌŽŵƉƵďůŝĐƐŝĚĞǁĂůŬƚŽƉƵďůŝĐ ŐĂƌĚĞŶƐ͕ĂŶĚƐĐĞŶŝĐǀŝĞǁƐƚŽƉƵďůŝĐĂŵĞŶŝƚŝĞƐƚŽĐŽŵŵƵŶŝƚLJŚĞƌŝƚĂŐĞƚŽ ŐƵĞƐƚĞdžƉĞƌŝĞŶĐĞ͘
Ś͘ tĂLJĨŝŶĚŝŶŐƐŝŐŶĂŐĞ͘
ŝ͘ hŶŝƋƵĞĂŶĚůŽĐĂůůLJŝŶƐƉŝƌĞĚƐŝŐŶĂŐĞĂŶĚďƵŝůĚŝŶŐĂƌƚǁŽƌŬ͘ ũ͘ ĞƐŝŐŶĨŽƌĐŽŵŵƵŶŝƚLJŵŽďŝůŝƚLJĂŶĚƌĞĚƵĐĞĚsDd͕ĂŶĚ'ƌĞĞŶŚŽƵƐĞŐĂƐĞƐ ĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚƌĂŶƐƉŽƌƚĂƚŝŽŶ͘
177
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϯŽĨϭϭ • dƌĂŝŶ^ĞƌǀŝĐĞ
• DĞƚƌŽůŝŶŬ^ĞƌǀŝĐĞ
• ZĞŐŝŽŶĂůƵƐ^ĞƌǀŝĐĞ
• >ŽĐĂůdƌŽůůĞLJ^ĞƌǀŝĐĞ
• >ŽĐĂůŝŬĞdƌĂŝůƐ
• >ŽĐĂů,ŝŬŝŶŐdƌĂŝůƐ
• >ŽĐĂůWĞĚĞƐƚƌŝĂŶdƌĂŝůƐ
• ZĞƐŝĚĞŶƚŝĂůĚũĂĐĞŶƚǁŝƚŚŝŶǁĂůŬŝŶŐĚŝƐƚĂŶĐĞ
Ŭ͘ WƵďůŝĐĂŵĞŶŝƚŝĞƐŽŶƚŚĞƉƌŽƉĞƌƚLJ
• ƉƵďůŝĐůLJĂĐĐĞƐƐŝďůĞƌŽŽĨƚŽƉďĂƌĂŶĚƌĞƐƚĂƵƌĂŶƚ
• ƉƵďůŝĐǀŝĞǁƐĂůŽŶŐƚŚĞǁĞƐƚĐŽƌƌŝĚŽƌŽĨƚŚĞďƵŝůĚŝŶŐ • ƉƵďůŝĐƉĞĚĞƐƚƌŝĂŶĂůŝĨŽƌŶŝĂEĂƚŝǀĞĂŶĚƵůƚƵƌĂůĂŶĚ,ŝƐƚŽƌŝĐĂůŐĂƌĚĞŶƐ ĂůŽŶŐǀĞŶŝĚĂWŝĐŽĂŶĚ
ůĂŵŝŶŽZĞĂů
• WƵďůŝĐĐƵůƚƵƌĂůĂŶĚ,ŝƐƚŽƌŝĐĂůƐĐƵůƉƚƵƌĞƌƚƐ'ĂƌĚĞŶǀĞŶŝĚĂWŝĐŽĂŶĚ ů
ĂŵŝŶŽZĞĂů
• ĞŶŚĂŶĐĞĚƉƵďůŝĐďůƵĞǁĂƚĞƌǀŝĞǁƐĨƌŽŵƚŚĞƉŽĚŝƵŵĂďŽǀĞƚŚĞŐĂƌĂŐĞ ĞŶƚƌLJ
• ^ƚƌĞĞƚ^ŝĚĞĚŝŶŝŶŐĂŶĚ>ŽďďLJĂĨĠǁŝƚŚďůƵĞǁĂƚĞƌǀŝĞǁƐĂŶĚŽƵƚĚŽŽƌ ƐĞĂƚŝŶŐ
dŚĞ,ĂŶƐĞŶ,ŽƚĞůĂŶĚƐŝƚĞŚĂǀĞďĞĞŶĚĞƐŝŐŶĞĚƚŽŽƉĞŶƚŽƚŚĞŝŶƚĞƌƐĞĐƚŝŽŶ͕ĞŵďƌĂĐŝŶŐ ƚŚĞĐŽŵŵƵŶŝƚLJĂŶĚŽĨĨƐĞƚƚŝŶŐƚŚĞƉƌŝŵĂƌLJďƵŝůĚŝŶŐŵĂƐƐĨƌŽŵƚŚĞƉĞĚĞƐƚƌŝĂŶƐŝĚĞǁĂůŬƐ ĂŶĚŝŶƚĞƌƐĞĐƚŝŽŶƐ͕ƉƌŽǀŝĚŝŶŐƚŚĞŽƉƉŽƌƚƵŶŝƚLJĨŽƌƚŚĞƚƌĂŶƐŝƚŝŽŶĂŶĚŝŶƚĞŐƌĂƚŝŽŶŽĨƉƵďůŝĐ ĂŶĚƉƌŝǀĂƚĞƐƉĂĐĞƐ͘
dŚĞ^ŝƚĞWƌŽŐƌĞƐƐŝŽŶĨŽƌƚŚĞŝŶƚĞƌƐĞĐƚŝŽŶƚŽƚŚĞ,ŽƚĞůŝŶƚĞƌŝŽƌƚƌĂŶƐŝƚŝŽŶƐĨƌŽŵWƵďůŝĐ ^ŝĚĞǁĂůŬƐƚŽWƵďůŝĐWĞĚĞƐƚƌŝĂŶ'ĂƌĚĞŶƐǁŝƚŚƉƵďůŝĐĂƌƚĂŶĚƐĞĂƚŝŶŐĂƌĞĂƐƚŽƚƌĂŶƐƉĂƌĞŶƚ ƉƌŝǀĂƚĞŚŽƚĞůŐƵĞƐƚĂŵĞŶŝƚŝĞƐ͕ƚŽƚŚĞƉƌŝǀĂƚĞŐƵĞƐƚƌŽŽŵĂƌĞĂƐ͘ dŚĞďƵŝůĚŝŶŐĞŵďƌĂĐĞƐƚŚĞŝŶƚĞƌƐĞĐƚŝŽŶǁŚŝůĞŽƉĞŶŝŶŐƚŽƚŚĞĐŽŵŵƵŶŝƚLJĂŶĚƚŚĞ,ŝƐƚŽƌŝĐ ŝƐƚƌŝĐƚ͘/ƚŝŶĐŽƌƉŽƌĂƚĞƐĂƉƵďůŝĐƐĐƵůƉƚƵƌĞŐĂƌĚĞŶǁŝƚŚ͞ĞŶŚĂŶĐĞĚƐƵŶƐĞƚǀŝĞǁƐ͟ĂŶĚĂ ƐƚƌĞĞƚͲƐŝĚĞĐĂĨĠ͘
ƚWŝĐŽ͕ŽƵƌŚŽƚĞůůŽďďLJŚĂƐĂƉƵďůŝĐĐŽĨĨĞĞďĂƌͬĐĂĨĠǁŝƚŚƋƵĂŝŶƚ͕ƉĞĚĞƐƚƌŝĂŶͲƐĐĂůĞ͕ ƐƚƌĞĞƚͲƐŝĚĞĚŝŶŝŶŐƚŽŚĞůƉƐůŽǁƚŚĞƚƌĂĨĨŝĐĂŶĚĚĞǀĞůŽƉĂƐĞŶƐĞŽĨĐŽŵŵƵŶŝƚLJĐŽŶŶĞĐƚŝŽŶ͘ ĚĚŝƚŝŽŶĂůůLJ͕ǁĞŚĂǀĞŽƵƌƉƌŽũĞĐƚƐŝŐŶĂŐĞĂŶĚŐƌĂŶĚƐƚĂŝƌƐƚŽƚŚĞWŽĚŝƵŵWŽŽůĞĐŬĂŶĚ ŽƵƌŵĂŝŶůŽďďLJĞŶƚƌLJ͘
WƌŽũĞĐƚWĂƌŬŝŶŐĂŶĚ'ƵĞƐƚƌŽƉͲŽĨĨǁŝůůďĞůŽĐĂƚĞĚǁŝƚŚŝŶƚŚĞƐƵďƚĞƌƌĂŶĞĂŶŐĂƌĂŐĞ͕ ŽĨĨĞƌŝŶŐŽƉƉŽƌƚƵŶŝƚŝĞƐĨŽƌǀĂůĞƚ͕ŐƵĞƐƚƉŝĐŬͲƵƉĂŶĚĚƌŽƉͲŽĨĨ͕ĐŽŶĐŝĞƌŐĞƐĞƌǀŝĐĞƐ͕ĂŶĚ ƚƵƌŶĂƌŽƵŶĚĨŽƌhďĞƌĂŶĚŽƚŚĞƌƐŚĂƌĞĚƌŝĚĞƐĞƌǀŝĐĞƐ͘
178
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϰŽĨϭϭ dŚĞĨƌŽŶƚůŽďďLJ͕WŝĐŽ'ĂƌĚĞŶ͕ĂŶĚWŽĚŝƵŵĞŶƚƌLJĂůůŝŶƚĞŐƌĂƚĞĂŶĚƐƵƉƉŽƌƚƚŚĞ ĐŽŵŵƵŶŝƚLJΖƐŵĂƐƐƚƌĂŶƐŝƚƐĞƌǀŝĐĞƐĂŶĚůŽĐĂƚŝŽŶ͘dŚĞĂƉƉůŝĐĂŶƚŵĂLJĞdžƉůŽƌĞƚŚĞ ŝŶƚĞŐƌĂƚŝŽŶŽĨƚŚĞƐĞƐĞƌǀŝĐĞƐĂŶĚƚŚĞŝƌĚĞƐŝŐŶĂƐƉĂƌƚŽĨŽƵƌƉƌŽũĞĐƚǁŝƚŚƚŚĞŝƚLJ͘ ^ŝŐŶĂŐĞĂŶĚǁĂLJĨŝŶĚŝŶŐǁŝůůďĞƉƌŽǀŝĚĞĚƵŶĚĞƌĂƐĞƉĂƌĂƚĞƐƵďŵŝƚƚĂůĂŶĚǁŝůůďĞ ŝŶƚĞŐƌĂƚĞĚǁŝƚŚƚŚĞƉƌŽũĞĐƚΖƐĂŶĚĐŝƚLJΖƐĂĞƐƚŚĞƚŝĐĂŶĚƚŚĞŵĞ͘ ď͘ 'ĂƚĞǁĂLJ'ŽĂůƐ
hͲϮ͘ϬϭƚŚƌŽƵŐŚhͲϮ͘ϭϮ͗dŚĞƉƌŽũĞĐƚŚĂƐďĞĞŶĚĞƐŝŐŶĞĚƚŽďĞƐĞŶƐŝƚŝǀĞƚŽƚŚĞĚŝƐƚƌŝĐƚ ĂŶĚĚĞǀĞůŽƉĞĚƚŽĞŵƵůĂƚĞĂ,ŝƐƚŽƌŝĐĂů,ĂŶƐĞŶ&ĂŵŝůLJDĂŶŽƌƚŚĂƚǁĂƐĐŽŶǀĞƌƚĞĚŝŶƚŽĂ ůŽĐĂůŚŽƚĞůĨŽƌĨĂŵŝůLJĂŶĚĨƌŝĞŶĚƐƚŽƐƚĂLJĂŶĚĞŶũŽLJƚŚĞĐŽŵŵƵŶŝƚLJ͘ WƌŽũĞĐƚŽŵŵƵŶŝƚLJ'ĂƚĞǁĂLJĨĞĂƚƵƌĞƐ͗
Ă͘ ƌƚŝĐƵůĂƚĞĚ͕ĂƌĐŚŝƚĞĐƚƵƌĂůƐƚLJůĞƌĞƐƉĞĐƚĨƵůĂŶĚŝŶƚŚĞƉĞƌŝŽĚŽĨ^ƉĂŶŝƐŚ ŽůŽŶŝĂů͞KůĞ,ĂŶƐĞŶ͟^ƚLJůĞ͘
ď͘ ^ƚĞƉƉĞĚͲďĂĐŬĂƌĐŚŝƚĞĐƚƵƌĂůŵĂƐƐŝŶŐƌĞƐƉĞĐƚĨƵůŽĨƚŚĞůŽĐĂůĐŽŵŵƵŶŝƚLJĂŶĚ ŶĞŝŐŚďŽƌŚŽŽĚ͘
Đ͘ /ĐŽŶŝĐŵĂƐƐŝŶŐƚŽĚĞǀĞůŽƉĂŶĚƐƚƌĞŶŐƚŚĞŶƚŚĞ^ŽƵƚŚŽƵŶĚ ŶƚƌĂŶĐĞƚŽ^ĂŶ
ůĞŵĞŶƚĞĨƌŽŵĂƉŝƐƚƌĂŶŽĞĂĐŚ͕ĐŽŵƉůŝŵĞŶƚŝŶŐƚŚĞŵĂƐƐŝŶŐĂŶĚďĂůĂŶĐŝŶŐ ƚŚĞĂƌĐŚŝƚĞĐƚƵƌĞŽĨƚŚĞ,ŝƐƚŽƌŝĐĂůZĞƐƚĂƵƌĂŶƚĂĐƌŽƐƐ
ůĂŵŝŶŽZĞĂů͘
Ě͘ /ŶĐŽƌƉŽƌĂƚŝŽŶŽĨĂƌƚŝŶƚŽŽƵƌƉƌŽũĞĐƚ͕ĨĞĂƚƵƌŝŶŐĂƉƵďůŝĐƐĐƵůƉƚƵƌĞŐĂƌĚĞŶ͘ Ğ͘ /ŶĐŽƌƉŽƌĂƚŝŽŶŽĨƚŚĞĐŽŵŵƵŶŝƚLJΖƐŚŝƐƚŽƌŝĐĂůĐŽŶƚĞdžƚĂŶĚĐƵůƚƵƌĞ͕ĂůŽŶŐǁŝƚŚ ƚŚĞŝŶƚĞŐƌĂƚŝŽŶŽĨƐƵƌĨĂŶĚĐŽŵŵƵŶŝƚLJĂƌƚŝŶƚŽƚŚĞĚĞƐŝŐŶŽĨŽƵƌƉƌŽũĞĐƚĂŶĚ ŝƚƐŶĂƌƌĂƚŝǀĞ͘
Ĩ͘ ůůƉĂƌŬŝŶŐŝƐůŽĐĂƚĞĚďĞůŽǁŐƌĂĚĞ͕ǁŝƚŚĂůŵŽƐƚϭϬйĞdžƚƌĂƉĂƌŬŝŶŐƉƌŽǀŝĚĞĚ͘ Ő͘ /ŶĐŽƌƉŽƌĂƚŝŽŶŽĨĞŶŚĂŶĐĞĚƉƵďůŝĐǀŝĞǁƐŽĨƚŚĞŽĐĞĂŶ͕ƐƵŶƐĞƚƐ͕ĂŶĚŽƵƌ ĐŽŵŵƵŶŝƚLJƌĞƐŽƵƌĐĞƐ͘
Ś͘ /ŶĐŽƌƉŽƌĂƚŝŽŶŽĨĞŶŚĂŶĐĞĚƉƵďůŝĐĂĐĐĞƐƐƚŽƚŚĞďĞĂĐŚ͘ ͞dŚĞ,ĂŶƐŽŶ͟ŝƐĚĞƐŝŐŶĞĚƚŽďĞĐŽŵĞƚŚĞŚĞĂƌƚŽĨƚŚĞEŽƌƚŚĞĂĐŚ,ŝƐƚŽƌŝĐŝƐƚƌŝĐƚ͕ ƐĞƌǀŝŶŐĂƐĂŐĂƚŚĞƌŝŶŐƉůĂĐĞĨŽƌĨĂŵŝůŝĞƐĂŶĚĨƌŝĞŶĚƐ͕ǁŚĞƚŚĞƌǀŝƐŝƚŝŶŐŽƌƐŝŵƉůLJůŽŽŬŝŶŐƚŽ ĐĂƚĐŚƵƉ͘
dŚĞEŽƌƚŚĞĂƐƚŽƌŶĞƌ͕ĂůŽŶŐWŝĐŽ͕ǁĂƐĚĞƐŝŐŶĞĚƚŽďĞƚŚĞŽƌŝŐŝŶĂůŵĂŶŽƌ͕ǁŝƚŚĂĐůƵƐƚĞƌ ŽĨƐŵĂůůĞƌ͕ƉĞĚĞƐƚƌŝĂŶͲƐĐĂůĞĐĂƐŝƚĂƐŐĂƚŚĞƌĞĚĂƌŽƵŶĚĂĨŽƵŶƚĂŝŶĂŶĚĂƚƌĞĞͲƐŚĂĚĞĚ ĐŽƵƌƚLJĂƌĚ͕ĨŝƚƚŝŶŐůLJŶĂŵĞĚ͞dŚĞ&ĂŵŝůLJŽƵƌƚ͘͟
dŚŝƐĐůƵƐƚĞƌŽĨƌŽŽŵƐŝƐŚŝŐŚůŝŐŚƚĞĚĂŶĚŵĂƌŬĞĚǁŝƚŚƚŚĞdƵƌƌĞƚĂƚƚŚĞ͞>ĞŶŶĂ,ĂŶƐŽŶ ^ƵŝƚĞ͟;KůĞ͛ƐKůĚĞƐƚĂƵŐŚƚĞƌͿ͘dŚŝƐƐƵŝƚĞŽĨĨĞƌƐĂƉƌŝǀĂƚĞĞŶƚƌLJĐŽƵƌƚĂŶĚĂĚŝƉƉĞƌƐƉĂ͘ WĞĚĞƐƚƌŝĂŶƐǁĂůŬŝŶŐĚŽǁŶWŝĐŽǁŝůůŐĞƚĂƐĞŶƐĞŽĨƚŚĞŚŝƐƚŽƌŝĐĂůƚŝŵĞƐŽĨKůĞ,ĂŶƐŽŶ ƚŚƌŽƵŐŚƚƌĂŶƐƉĂƌĞŶƚƉĞĞŬͲĂͲǀŝƐƚĂƐĂŶĚǀŝĞǁƐ͕ĐŽƵƌƚĞƐLJŽĨĚĞĐŽƌĂƚŝǀĞǁƌŽƵŐŚƚŝƌŽŶ ĨĞŶĐŝŶŐĂŶĚďƌĞĞnjĞǁĂLJƐ͘
179
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϱŽĨϭϭ ƐLJŽƵĚĞƐĐĞŶĚWŝĐŽ͕ƚŚĞďƵŝůĚŝŶŐƐƚĞƉƐďĂĐŬƚŽŽƉĞŶƵƉĨŽƌƚŚĞĐŽŵŵƵŶŝƚLJĂŶĚ,ŽƚĞů ŐƵĞƐƚƐ͕ƉƌŽǀŝĚŝŶŐĂƐƉĂĐĞĨŽƌƚŚĞƉƵďůŝĐƚŽĐŽŶŶĞĐƚĂŶĚĞdžƉĞƌŝĞŶĐĞƚŚĞƉƌŽƉĞƌƚLJ͘dŚŝƐŝƐ ĂĐŚŝĞǀĞĚƚŚƌŽƵŐŚƚŚĞƵƐĞŽĨĂƐĐĞŶĚŝŶŐƚĞƌƌĂĐŽƚƚĂĂŶĚŚŝƐƚŽƌŝĐĂůƚŝůĞƐƚĞƉƐ͕ĚĞĐŽƌĂƚŝǀĞ ǁƌŽƵŐŚƚŝƌŽŶƌĂŝůƐ͕ĂŶĚĚĞĐŽŵƉŽƐĞĚŐƌĂŶŝƚĞƉĂƚŚǁĂLJƐƚŚĂƚĐŽŶŶĞĐƚWŝĐŽĂŶĚ ůĂŵŝŶŽ
ZĞĂů͘
dŚŝƐĂƌĞĂǁŝůůĨĞĂƚƵƌĞǀŝŶĞͲƐŚĂĚĞĚƐĞĂƚŝŶŐĂƌĞĂƐ͕ƌƚŝƐƚŝĐƵƐƚŽŵĞŶĐŚĞƐ͕ƉƵďůŝĐĂƌƚ͕ĂŶĚ ůŽĐĂůĚƌŽƵŐŚƚͲƚŽůĞƌĂŶƚŐĂƌĚĞŶƐǁŝƚŚĂƌĐŚŝƚĞĐƚƵƌĂůďŽƵůĚĞƌƐĨŽƌƐŝƚƚŝŶŐĂŶĚƉůĂLJ͘ dŚŝƐĂƌĞĂǁŝůůĂĐƚĂƐĂďƵĨĨĞƌĨŽƌŽƵƌƉŽŽůĚĞĐŬĂůŽŶŐ ůĂŵŝŶŽZĞĂů͘
ŽŵŝŶŐƵƉ
ůĂŵŝŶŽZĞĂůŽŶĞŽĨŽƵƌƐƵŝƚĞƐĚĞƐŝŐŶĞĚĂƌŽƵŶĚĂŶŽƵƚĚŽŽƌƉĂƚŝŽdƵƌƌĞƚ ǁŝƚŚŽĐĞĂŶǀŝĞǁƐĂĐƚƐĂƐĂŶĂƌĐŚŝƚĞĐƚƵƌĂůďĂůĂŶĐĞƚŽƚŚĞdƵƌƌĞƚĂƚƚŚĞŽůĚ/ĐŚŝďŝƌŝ͛Ɛ ,ŝƐƚŽƌŝĐĂůƵŝůĚŝŶŐ͕ŐƌŽƵŶĚĞĚďLJƚŚĞůĂŶĚƐĐĂƉĞĂŶĚĂŶŝŶƚŝŵĂƚĞƐƚƌĞĞƚƐŝĚĞĐĂĨĠǁŝƚŚ ďŝƐƚƌŽƚĂďůĞƐĂŶĚĂƚǁŽͲƐƚŽƌLJŐƌĂŶĚĞŶƚƌLJĚĞĐŽƌĂƚĞĚǁŝƚŚĂǁŶŝŶŐƐ͕ǀŝƐƵĂůůLJƐůŽǁŝŶŐƚŚĞ ƚƌĂĨĨŝĐĂƐLJŽƵĞŶƚĞƌŝŶƚŽƚŚĞŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞ͘
Đ͘ ƌĐŚŝƚĞĐƚƵƌĂůŽŵƉĂƚŝďŝůŝƚLJ
hͲϯ͘ϬϭƚŚƌŽƵŐŚhͲϯ͘Ϭϴ͗dŚĞƉƌŽũĞĐƚŚĂƐƵŶĚĞƌŐŽŶĞƐĞǀĞƌĂůĚŝĨĨĞƌĞŶƚůĂŶĚƵƐĞ ƉƌŽƉŽƐĂůƐ͕ŝŶĐůƵĚŝŶŐZĞƐŝĚĞŶƚŝĂůDŝdžĞĚhƐĞĂŶĚZĞƚĂŝůDŝdžĞĚhƐĞ͕ďĞĨŽƌĞƐĞƚƚůŝŶŐŽŶĂ ŚŽƚĞů͘dŚĞŚŽƚĞůΖƐƵƐĞŝƐŝŶĐŽŶĨŽƌŵĂŶĐĞǁŝƚŚƚŚĞĐƵƌƌĞŶƚ>ĂŶĚhƐĞŽŶŝŶŐŽĨƚŚĞ^ŝƚĞ͕ĂŶĚ ǁĞďĞůŝĞǀĞŝƚǁŝůůĐŽŵƉůĞŵĞŶƚƚŚĞĞdžŝƐƚŝŶŐĐŽŵŵƵŶŝƚLJĂŵĞŶŝƚŝĞƐ͕ĂůŽŶŐǁŝƚŚƚŚĞ ƉƌŽƉŽƐĞĚƉƌŽũĞĐƚƐŝŶƚŚĞĂƌĞĂ͕ůĞĂĚŝŶŐƚŽŽƉƉŽƌƚƵŶŝƚŝĞƐĨŽƌĨƵƌƚŚĞƌĚĞǀĞůŽƉŵĞŶƚĂŶĚ ŝŶǀĞƐƚŵĞŶƚŝŶƚŚĞůŽĐĂůŶĞŝŐŚďŽƌŚŽŽĚĂŶĚĚŝƐƚƌŝĐƚ͘
KůĞ,ĂŶƐĞŶ,ŝƐƚŽƌŝĐĂůƵŝůĚŝŶŐŵĂƚĞƌŝĂůƐĂŶĚĚĞƚĂŝůƐǁŝůůďĞŝŶĐŽƌƉŽƌĂƚĞĚĨŽƌƚŚĞůŽŶŐůŝĨĞ ŽĨƚŚĞďƵŝůĚŝŶŐǁŝƚŚĂŶĂƚƚĞŶƚŝŽŶƚŽĚĞƚĂŝůƚŚĂƚŶŽƚŽŶůLJĞŵƵůĂƚĞƐƚŚĞŚŝƐƚŽƌŝĐĂůĂĞƐƚŚĞƚŝĐ ďƵƚĂůƐŽƚŚĞĐŽŶƐƚƌƵĐƚŝŽŶƋƵĂůŝƚLJŽĨƚŚĞďƵŝůĚŝŶŐƐďƵŝůƚŝŶƚŚĞϭϵϮϬƐƚŚĂƚĂƌĞƐƚŝůůƐƚĂŶĚŝŶŐ ƚŽĚĂLJʹǁŚŝůĞŝŶĐŽƌƉŽƌĂƚŝŶŐŵŽĚĞƌŶŵĞĂŶƐĂŶĚŵĞƚŚŽĚƐĨŽƌďƵŝůĚŝŶŐůŝĨĞƐĂĨĞƚLJĂŶĚ ĞŶǀŝƌŽŶŵĞŶƚĂůĐŽŶƐĐŝĞŶĐĞĚĞƐŝŐŶ͘
dŚĞƵŝůĚŝŶŐĚĞƚĂŝůƐĐĂŶďĞƐĞĞŶŝŶƚŚĞĞŶůĂƌŐĞĚƉůĂŶƐĂŶĚĞůĞǀĂƚŝŽŶƐǁŝƚŚǁĂůůƐĞĐƚŝŽŶƐ͖ ƌĞĨĞƌƚŽƐŚĞĞƚƐͲϬϴƚŚƌŽƵŐŚͲϭϯ͘dŚĞƐĞƐŚĞĞƚƐƉƌŽǀŝĚĞĂƌƚŝĐƵůĂƚĞĚƌĞůĂƚŝŽŶƐŚŝƉƐŽĨ ŵĂƚĞƌŝĂůƐĂŶĚĂƌĐŚŝƚĞĐƚƵƌĂůŽĨĨƐĞƚƐ͘ƌĐŚŝƚĞĐƚƵƌĂůĚĞƚĂŝůŝŶŐǁŝůůďĞĨƵƌƚŚĞƌĚĞǀĞůŽƉĞĚ ĚƵƌŝŶŐƚŚĞĞƐŝŐŶĞǀĞůŽƉŵĞŶƚĂŶĚŽŶƐƚƌƵĐƚŝŽŶŽĐƵŵĞŶƚĂƚŝŽŶƉŚĂƐĞƐŽĨƚŚĞƉƌŽũĞĐƚ͘ dŚĞƐĞƐĞĐƚŝŽŶƐŝĚĞŶƚŝĨLJ^ƉĂŶŝƐŚŽůŽŶŝĂůĞƚĂŝůŝŶŐĂƐĨŽůůŽǁƐ͗ • ĞĐŽƌĂƚŝǀĞdŝůĞZĞůŝĞĨƐ
• WůĂƐƚĞƌZĞůŝĞĨƐǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶŐƌŝůůƐ
• ŚĂŵĨĞƌĐŽůƵŵŶͬƉŽƐƚĞĚŐĞƐǁŝƚŚĚĞĐŽƌĂƚŝǀĞĐŽƌďĞůƐ
• hƐĞĚďƌŝĐŬǁĂůůĐĂƉƐ
• KĨĨƐĞƚƉŝůĂƐƚĞƌƐǁŝƚŚƉůĂƐƚĞƌŽŐĞĞƚƌĂŶƐŝƚŝŽŶƐ
180
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϲŽĨϭϭ • tŽŽĚƚƌĞůůŝƐǁŝƚŚĚĞĐŽƌĂƚŝǀĞĐŽƌďĞůƐ
• ĂƌƌĞůƚŝůĞƌĂŝůŝŶůĂLJƐǁŝƚŚƵƐĞĚďƌŝĐŬƐŝůů
• KĨĨƐĞƚĂƌĐŚŝƚĞĐƚƵƌĂůĨĂĕĂĚĞǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶ:ƵůŝĞƚĂŶĚǁŽŽĚ ĂĐĐĞŶƚƉĂŶĞůŝŶŐ
• ƌƚŝĐƵůĂƚĞĚĂƌĐŚŝƚĞĐƚƵƌĂůŚŝĞƌĂƌĐŚLJŽĨŽƉĞŶŝŶŐĚĞƚĂŝůŝŶŐ • ĂƐĞůĞǀĞůĂƌƌĞůƚŝůĞƌĂŝůŝŶůĂLJƐǁŝƚŚƵƐĞĚďƌŝĐŬƐŝůů • ϮͲϯĐŽƵƌƐĞƐƚĞĚĐůĂLJƚŝůĞƌŽŽĨƚƌĂŶƐŝƚŝŽŶǁŝƚŚƉůĂŶƚĞƌ ƉůĂŶŶŝŶŐƐŚĞůĨ͕ĂĐĐĞŶƚǁŝƚŚ^ƉĂŶŝƐŚŽůŽŶŝĂůƚĞƌƌĂĐŽƚƚĂƚŝůĞ ƐŚĞůĨ
• ŝǀŝĚĞĚůŝŐŚƚ&ƌĞŶĐŚĚŽŽƌǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶĂĐĐĞŶƚ͕:ƵůŝĞƚ ďĂůĐŽŶLJǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶĐŽƌďĞůƐ͘
• ƌƚŝĐƵůĂƚĞĚĂƌĐŚŝƚĞĐƚƵƌĂůŚŝĞƌĂƌĐŚLJŽĨŽƉĞŶŝŶŐĚĞƚĂŝůŝŶŐ • ĂƐĞůĞǀĞůƌĞĐĞƐƐĞĚĚŝǀŝĚĞĚůŝŐŚƚ&ƌĞŶĐŚĚŽŽƌƚŽƉĂƚŝŽ • ŝǀŝĚĞĚůŝŐŚƚ&ƌĞŶĐŚĚŽŽƌǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶĂĐĐĞŶƚ͕:ƵůŝĞƚ ďĂůĐŽŶLJǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶĐŽƌďĞůƐ͘
• KĨĨƐĞƚĂƌĐŚŝƚĞĐƚƵƌĂůĨĂĕĂĚĞǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶ:ƵůŝĞƚĂŶĚ ǁŽŽĚĂĐĐĞŶƚƉĂŶĞůŝŶŐĂŶĚƉůĂƐƚĞƌƉŝůĂƐƚĞƌƐǁŝƚŚƚĞƌƌĂĐŽƚƚĂ ĐĂƉĂŶĚƉůĂƐƚĞƌŽŐĞĞƚƌĂŶƐŝƚŝŽŶ
• ZĞĐĞƐƐĞĚ͞ƚŚŝĐŬĞŶĞĚǁĂůů͟ĐŽŶƐƚƌƵĐƚŝŽŶ
• WĂŝŶƚĞĚƚĞƌƌĂĐŽƚƚĂƚŝůĞĚŽŽƌĂŶĚǁŝŶĚŽǁĂĐĐĞŶƚƐ͘
• WĂŝŶƚĞĚƚĞƌƌĂĐŽƚƚĂƚŝůĞƐƚĂŝƌƌŝƐĞƌƐǁŝƚŚƚĞƌƌĂĐŽƚƚĂƐƚĂŝƌƚƌĞĂĚƐ͘ • ƌĐŚŝƚĞĐƚƵƌĂůƌĂĚŝƵƐĂǁŶŝŶŐƐ
• ƌĐŚŝƚĞĐƚƵƌĂůĂǁŶŝŶŐƐǁŝƚŚǁƌŽƵŐŚƚŝƌŽŶƐƵƉƉŽƌƚƐ
• ĐĐĞŶƚǁŽŽĚƉĂŶĞůůĞĚďĂLJǁŝŶĚŽǁǁŝƚŚĚĞĐŽƌĂƚŝǀĞǁŽŽĚĐŽƌďĞůƐ • WĂŝŶƚĞĚǁŽŽĚƐŚƵƚƚĞƌƐǁŝƚŚĚĞĐŽƌĂƚŝǀĞǁƌŽƵŐŚƚŝƌŽŶŚĂƌĚǁĂƌĞ • ĞĐŽƌĂƚŝǀĞǁƌŽƵŐŚƚŝƌŽŶŐĂƚĞƐĂŶĚƐĞĐƵƌŝƚLJŐƌŝůůƐ
dŚĞƵŝůĚŝŶŐŵĂƐƐŝŶŐĂŶĚďƵŝůĚŝŶŐƐĞƚďĂĐŬƐŚĂǀĞďĞĞŶƌĞƐƉĞĐƚĞĚĂŶĚŽĨĨƐĞƚƐƵďƐƚĂŶƚŝĂůůLJ ĨƌŽŵƚŚĞĂůůŽǁĞĚŵŝŶŝŵƵŵ͕ǁŝƚŚĂϬ͛ͲϬ͟ƐĞƚďĂĐŬďĞŝŶŐƚŚĞĂůůŽǁĞĚŵŝŶŝŵƵŵĨŽƌĂůůƐŝĚĞƐ͕ ƌĞĂƌ͕ĂŶĚĨƌŽŶƚƐĞƚďĂĐŬƐ͘dŚĞůĂŶĚƐĐĂƉĞŚĂƐďĞĞŶŝŶĐŽƌƉŽƌĂƚĞĚƚŽƐŽĨƚĞŶƚŚĞďƵŝůĚŝŶŐΖƐ ĞĚŐĞƐ͘
ϭ͘ ZĞĂƌƐĞƚďĂĐŬƌĂŶŐĞƐĨƌŽŵϮ͛Ͳϲ͟ƚŽϭϵ͛ͲϬ͟;ǁͬĂƌƚŝĐƵůĂƚĞĚŵĂƐƐŝŶŐͿ Ϯ͘ tĞƐƚƐĞƚďĂĐŬƌĂŶŐĞƐĨƌŽŵϮ͛ͲϬ͟ƚŽϱ͛Ͳϰ͟
ϯ͘
ůĂŵŝŶŽZĞĂů
&ƌŽŶƚƐĞƚďĂĐŬƌĂŶŐĞƐĨƌŽŵϭ͛ͲϮ͟ƚŽϵϮ͛ͲϬ͟;ǁͬĂƌƚŝĐƵůĂƚĞĚŵĂƐƐŝŶŐͿ • ϯϰйŐƌĞĂƚĞƌƚŚĂŶϳϬ͛ƐĞƚďĂĐŬ
• ϰϱйĂƉdž͘Ϯϱ͛ͲϬ͟ƐĞƚďĂĐŬΛŽŶĞ;ϭͿƐƚŽƌLJƚĂůů͘
ϰ͘ ǀĞŶŝĚŽWŝĐŽ
ĂƐƚƐĞƚďĂĐŬƌĂŶŐĞƐĨƌŽŵϱ͛Ͳϳ͟ƚŽϭϱϬ͛ͲϬ͟;ǁͬĂƌƚŝĐƵůĂƚĞĚŵĂƐƐŝŶŐͿ 181
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϳŽĨϭϭ • ϱϬйŐƌĞĂƚĞƌƚŚĂŶϮϱ͛ͲϬ͟ƐĞƚďĂĐŬ͕ǁͬĚĞĚŝĐĂƚĞĚŽƉĞŶƉƵďůŝĐ ŽƉĞŶƐƉĂĐĞ͘
dŚĞĐŽƌŶĞƌƉƵďůŝĐŽƉĞŶƐƉĂĐĞĂĐĐŽƵŶƚƐĨŽƌŵŽƌĞƚŚĂŶϱϬйŽĨŽƵƌƉƌŽũĞĐƚΖƐƐƚƌĞĞƚ ĨƌŽŶƚĂŐĞŝŶĂ'ĂƚĞǁĂLJůŽĐĂƚŝŽŶǁŝƚŚĞŶŚĂŶĐĞĚƉƵďůŝĐŽĐĞĂŶĂŶĚƐƵŶƐĞƚǀŝĞǁƐ͘dŚŝƐĂƌĞĂ ǁŝůůďĞĚĞĚŝĐĂƚĞĚƚŽĂƉƵďůŝĐƐĐƵůƉƚƵƌĞŐĂƌĚĞŶĨĞĂƚƵƌŝŶŐĂůŝĨŽƌŶŝĂŶĂƚŝǀĞƐĂŶĚĞĚŝďůĞĨƌƵŝƚ ƚƌĞĞƐ͕ĂƐǁĞůůĂƐĂĐĂĨĠŽƉĞŶƚŽƚŚĞƉƵďůŝĐ͘
dŚĞĐůŝĞŶƚĂŶĚƚŚĞĚĞƐŝŐŶƚĞĂŵǁŝůůǁŽƌŬǁŝƚŚƚŚĞ^ĂŶůĞŵĞŶƚĞWŽůŝĐĞĞƉĂƌƚŵĞŶƚŽŶ ŽƵƌ^ŝƚĞ^ĞĐƵƌŝƚLJWůĂŶ͘KƌĂŶŐĞŽƵŶƚLJ,ĞĂůƚŚǁŝůůĂůƐŽƌĞǀŝĞǁƚŚŝƐƉƌŽũĞĐƚĨŽƌWŽŽů^ĞĐƵƌŝƚLJ ĂŶĚ^ĂĨĞƚLJ͘
Ě͘ DĂŝŶƚĞŶĂŶĐĞ
hͲϰ͘ϬϭƚŚƌŽƵŐŚhͲϰ͘Ϭϲ͗dŚĞ,ĂŶƐŽŶŝƐĚĞƐŝŐŶĞĚƚŽďĞĂůŽŶŐͲƚĞƌŵƉĂƌƚŽĨƚŚĞ ĐŽŵŵƵŶŝƚLJ͕ƉƌŽǀŝĚŝŶŐƐĞƌǀŝĐĞƐƚŽĂŶĚĨŽƌƚŚĞĐŽŵŵƵŶŝƚLJĨŽƌLJĞĂƌƐƚŽĐŽŵĞ͘ dŚĞ>ĞĂĚŐĞŶĐLJŚĂƐǁŽƌŬĞĚǁŝƚŚƚŚĞĚĞƐŝŐŶƚĞĂŵƚŽĐŽŽƌĚŝŶĂƚĞůŽĐĂůũƵƌŝƐĚŝĐƚŝŽŶĂů ƐĞƌǀŝĐĞƐ͘
ϭ͘ ZΘZ
Ϯ͘
ůĞĐƚƌŝĐĂůdƌĂŶƐĨŽƌŵĞƌ
ϯ͘ tĂƚĞƌ^ĞƌǀŝĐĞĂŶĚĂĐŬĨůŽǁ>ŽĐĂƚŝŽŶƐ
Ă͘ ŽŵĞƐƚŝĐ
ď͘ &ŝƌĞ
Đ͘ /ƌƌŝŐĂƚŝŽŶ
ϰ͘ 'ƌĞĂƐĞ/ŶƚĞƌĐĞƉƚŽƌ
ϱ͘ 'ĂƐ^ĞƌǀŝĐĞĂŶĚDĞƚĞƌ>ŽĐĂƚŝŽŶ
Ğ͘ ƌĐŚŝƚĞĐƚƵƌĞĂŶĚ>ĂŶĚƐĐĂƉĞ
hͲϱ͘ϬϭƚŚƌƵhͲϱ͘ϮϮdŚĞ,ĂŶƐŽŶŝƐĚĞƐŝŐŶĞĚƚŽďĞƚŚĞ͞&ĂŵŝůLJZŽŽŵ͟ŽĨƚŚĞ ĐŽŵŵƵŶŝƚLJ͕ǁŝƚŚ&ĂŵŝůLJŽƵƌƚƐ͕ƉĞƌƐŽŶĂůŝnjĞĚ^ŝŐŶĂƚƵƌĞ^ƵŝƚĞƐ͕&ĂŵŝůLJ'ĂůůĞƌŝĞƐ͕>ŝďƌĂƌŝĞƐ͕ ĂŶĚĂƉƵďůŝĐ͞ŚĂŶŐŽƵƚ͟ʹĐŽĨĨĞĞƐŚŽƉͬĐĂĨĠʹĂůůƚĞůůŝŶŐƚŚĞƐƚŽƌLJŽĨĂƵŶŝƋƵĞƚŝŵĞŝŶ ŚŝƐƚŽƌLJǁŚĞŶĂƐŵĂůůďĞĂĐŚĐŽŵŵƵŶŝƚLJĚĂƌĞĚƚŽĚƌĞĂŵ͘
͙͞ĂǀŝƐŝŽŶ;ŽĨͿĂƉůĂĐĞǁŚĞƌĞƉĞŽƉůĞĐĂŶůŝǀĞƚŽŐĞƚŚĞƌŵŽƌĞƉůĞĂƐĂŶƚůLJƚŚĂŶĂŶLJŽƚŚĞƌ ƉůĂĐĞŝŶŵĞƌŝĐĂ͙͟KůĞ,ĂŶƐŽŶϭϵϮϱ͘
dŚĞ,ĂŶƐŽŶŝƐĚĞƐŝŐŶĞĚƚŽĞŵƵůĂƚĞĂŶĚƌĞĐƌĞĂƚĞĂƉŽŝŶƚŝŶƚŝŵĞƚŚĂƚĐĞůĞďƌĂƚĞĚĨĂŵŝůLJ ǀĂůƵĞƐ͕ĐŽŵŵƵŶŝƚLJĐŽŶŶĞĐƚŝŽŶ͕ĂŶĚƚŚĞůĞŐĂĐLJŽĨƚŚĞŝŶĚŝǀŝĚƵĂůƚŚƌŽƵŐŚƚŚĞůŝĨĞƚŚĞLJ ůŝǀĞĚ͘
ĂĐŚĞůĞŵĞŶƚŝƐĚĞƐŝŐŶĞĚŝŶŚĂƌŵŽŶLJǁŝƚŚƚŚŽƐĞĂƌŽƵŶĚŝƚ͕ĨƌŽŵƚŚĞƐŝƚĞĂŶĚƚŚĞ ďƵŝůĚŝŶŐƚŽƚŚĞƚƌĂŶƐŝƚŝŽŶĨƌŽŵƚŚĞƌŽƵŐŚƚͲdŽůĞƌĂŶƚŽĂƐƚĂůůĂŶĚƐĐĂƉĞǁŝƚŚŵĞĂŶĚĞƌŝŶŐ ƉĂƚŚƐĂŶĚƚŚĞƋƵĂŝŶƚ͕ŚƵŵĂŶͲƐĐĂůĞĂƌĐŚŝƚĞĐƚƵƌĞĨĞĂƚƵƌŝŶŐŚŝƐƚŽƌŝĐĂů^ƉĂŶŝƐŚŽůŽŶŝĂů ǀŝůůĂŐĞĚĞƚĂŝůŝŶŐ͘
182
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϴŽĨϭϭ dŚĞƐŝƚĞĂŶĚƚŚĞďƵŝůĚŝŶŐĂƌĞĚĞƐŝŐŶĞĚƚŽďĞƐŚĂƌĞĚǁŝƚŚƚŚĞĐŽŵŵƵŶŝƚLJǁŚŝůĞƉƌŽǀŝĚŝŶŐĂ ƐĞŶƐĞŽĨƉƌŝǀĂĐLJĂŶĚƐĞĐƵƌŝƚLJĨŽƌƚŚĞŚŽƚĞůŐƵĞƐƚƐ͘
ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞ>ŽĐĂůŽĂƐƚĂůWƌŽŐƌĂŵ͗
Ă͘ WƵďůŝĐsŝĞǁŽƌƌŝĚŽƌƐƐĞƐƐŵĞŶƚʹsŝƐƵĂůZĞƐŽƵƌĐĞƐ
s/^ϭƚŚƌƵs/^ϮϭdŚĞƉƌŽũĞĐƚŝƐůŽĐĂƚĞĚĂƚƚŚĞŝŶƚĞƌƐĞĐƚŝŽŶŽĨ ůĂŵŝŶŽZĞĂůĂŶĚǀĞŶƵĞ
WŝĐŽŽŶĞŽĨƚŚĞŵŽƌĞƉƌŽŵŝŶĞŶƚŝŶƚĞƌƐĞĐƚŝŽŶƐŝŶƚŚĞĐŝƚLJĂŶĚŝŶƚŚĞ,ĞĂƌƚŽĨƚŚĞEŽƌƚŚ ĞĂĐŚ͞,ŝƐƚŽƌŝĐĂů͟ŝƐƚƌŝĐƚ͕ǁŝƚŚƚǁŽƉƌŝŵĂƌLJsŝĞǁŽƌƌŝĚŽƌƐ͘ ϭ͘ sŝĞǁƐĨƌŽŵƚŚĞ>hWŚĂǀĞďĞĞŶƐŝŵƵůĂƚĞĚĂŶĚŵĂŝŶƚĂŝŶϭϬϬйŽĨƚŚĞŚŽƌŝnjŽŶ͕ ĂƐǁĞůůĂƐƐŽŵĞŽĨƚŚĞ,ŝƐƚŽƌŝĐĂůŽŶƚĞdžƚŽĨƚŚĞ,ŝƐƚŽƌŝĐĂůƌĞƐŽƵƌĐĞƐĂĐƌŽƐƐ ů
ĂŵŝŶŽZĞĂů͘ZĞĨĞƌƚŽƐŚĞĞƚͲϭϴĚ͘
Ϯ͘ ĚĚŝƚŝŽŶĂůůLJ͕ǀŝĞǁƐĨƌŽŵƚŚĞDĂƌďůĞ,ĞĂĚdƌĂŝůŚĂǀĞďĞĞŶĂĚĚĞĚƚŽŝŶĚŝĐĂƚĞ ƚŚĂƚŵƵĐŚŽĨƚŚĞǀŝĞǁŝƐŶŽƚŝŵƉĂĐƚĞĚ͕ǁŝƚŚϭϬϬйŽĨƚŚĞŚŽƌŝnjŽŶďĞŝŶŐ ŵĂŝŶƚĂŝŶĞĚĂŶĚĂƌƚŝĐƵůĂƚŝŽŶĂŶĚŵĂƐƐŝŶŐŽĨƚŚĞĐƵůƚƵƌĂůĂŶĚŚŝƐƚŽƌŝĐĂů ƌĞƐŽƵƌĐĞƐďĞŝŶŐŵĂŝŶƚĂŝŶĞĚĂŶĚĐŽŵƉůŝŵĞŶƚĞĚ͕ĂŶĚƉŽƚĞŶƚŝĂůůLJƐŽŵĞŽĨƚŚĞ ͞ǁŚŝƚĞǁĂƚĞƌ͟ǀŝĞǁďĞŝŶŐŵĂŝŶƚĂŝŶĞĚŽŶŵŽƌĞƐŝŐŶŝĨŝĐĂŶƚƐƵƌĨĚĂLJƐ͘ZĞĨĞƌƚŽ ^ŚĞĞƚƐͲϭϴĞƚŚƌŽƵŐŚͲϭϴŐ͘
ϯ͘ ǀĞŶŝĚĂWŝĐŽĐŽŵŝŶŐĚŽǁŶƚŽƚŚĞ
ůĂŵŝŶŽZĞĂůŝŶƚĞƌƐĞĐƚŝŽŶ͖ƚŚŝƐǀŝĞǁ
ĞŶĐŽŵƉĂƐƐĞƐŽƵƌĞŶƚŝƌĞƐŝƚĞ͘
Ă͘ dŚĞĂƌĐŚŝƚĞĐƚƵƌĞŚĂƐďĞĞŶĚĞƐŝŐŶĞĚƚŽƐƚĞƉďĂĐŬĨƌŽŵǀĞŶŝĚĂWŝĐŽ͕ ŚĞůƉŝŶŐƚŽŵĂŝŶƚĂŝŶƚŚĞǀŝĞǁĨŽƌĂůŽŶŐĞƌƉĞƌŝŽĚĂŶĚŽƉĞŶŝƚƵƉ ĞĂƌůŝĞƌĂƐLJŽƵĚĞƐĐĞŶĚƚŚĞŚŝůů͘
ď͘ dŚĞĂƐŝƚĂůƵƐƚĞƌhŶŝƚƐŚĂǀĞďĞĞŶĚĞƐŝŐŶĞĚǁŝƚŚϴ͛Ͳϭ͟ƉůĂƚĞƐǀƐ͘ϵ͛Ͳ ϭ͟ƉůĂƚĞƐƚŽƌĞĚƵĐĞƚŚĞŝƌŵĂƐƐŝŶŐĂŶĚƚŚĞŝƌŝŵƉĂĐƚƐŽŶƚŚŝƐǀŝĞǁ ĐŽƌƌŝĚŽƌ͘
Đ͘ dŚĞ&ĂŵŝůLJŽƵƌƚŚĂƐďĞĞŶƉƵƐŚĞĚĚŽǁŶϱ͛ͲϬ͟ƚŽϯ͛Ͳϲ͟ďĞůŽǁƚŚĞ ƐƚƌĞĞƚŝŶƚŚŝƐĂƌĞĂƚŽůŽǁĞƌƚŚĞƐĞƵŶŝƚƐĂŶĚƚŚĞŝƌŝŵƉĂĐƚŽŶƚŚĞǀŝĞǁ ĐŽƌƌŝĚŽƌ͘
Ě͘ dŚĞƐĞƵŶŝƚƐĂŶĚƚŚŝƐĂƌĞĂŚĂǀĞďĞĞŶŚĞůĚƚŽƚǁŽƐƚŽƌŝĞƐƚŽŚĞůƉǁŝƚŚ ƚŚĞŵĂƐƐŝŶŐŽĨƚŚĞďƵŝůĚŝŶŐĂŶĚƚŽŵĂŝŶƚĂŝŶƚŚĞǀŝĞǁĂƐůŽŶŐĂƐ ƉŽƐƐŝďůĞ͘
Ğ͘ dŚĞĞŐƌĞƐƐƐƚĂŝƌĐŽŵŝŶŐŽĨĨŽĨƚŚĞƌŽŽĨĚĞĐŬŝŶƚŚŝƐĂƌĞĂŚĂƐďĞĞŶ ĚĞƐŝŐŶĞĚƚŽďĞĂŶŽƉĞŶƐƚĂŝƌƚŽƐŽĨƚĞŶƚŚŝƐĞĚŐĞ͕ƉƌŽǀŝĚĞ ƚƌĂŶƐƉĂƌĞŶĐLJ͕ĂŶĚŵŝŶŝŵŝnjĞƚŚĞŝŵƉĂĐƚŽĨƚŚŝƐĞůĞŵĞŶƚŽŶƚŚĞǀŝĞǁ͘ Ĩ͘ dŚĞƌŽŽĨƚŽƉƌĞƐƚĂƵƌĂŶƚŚĂƐďĞĞŶůŽĐĂƚĞĚŝŶƚŚŝƐĂƌĞĂƚŽƌĞĚƵĐĞƚŚĞ ŚŽƚĞůΖƐŵĂƐƐĂďŽǀĞƚŚĞƉĂƌŬĂŶĚƉƌŽƚĞĐƚƚŚĞĐŽĂƐƚĂůŚŽƌŝnjŽŶůŝŶĞ͘ Ő͘ dŚĞDĂŝŶ^ƚĂŝƌ͕ĂĚũĂĐĞŶƚƚŽƚŚĞ,ŽƚĞů
ůĞǀĂƚŽƌĂƚƚŚĞ,ŽƚĞůŽƌĞ͕ŚĂƐ
ďĞĞŶŽƉĞŶĞĚƵƉƚŽƌĞĚƵĐĞŵĂƐƐŝŶŐĂŶĚŵŝŶŝŵŝnjĞƚŚĞŝŵƉĂĐƚŽĨƚŚĞƐĞ 183
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϵŽĨϭϭ ĨĞĂƚƵƌĞƐŽŶƚŚĞŽĂƐƚĂůsŝĞǁ͕ƉƌŽǀŝĚŝŶŐĂůŝŐŚƚĞƌ͕ŵŽƌĞƚƌĂŶƐƉĂƌĞŶƚ ĨĞĞůƚŽƚŚĞďƵŝůĚŝŶŐǁŝƚŚŝŵƉƌŽǀĞĚĂƌĐŚŝƚĞĐƚƵƌĂůĂƌƚŝĐƵůĂƚŝŽŶ͘ ϰ͘ ƌŝǀŝŶŐEŽƌƚŚďŽƵŶĚŽŶ
ůĂŵŝŶŽZĞĂů
Ă͘ dŚĞĂƌĐŚŝƚĞĐƚƵƌĞŚĂƐďĞĞŶĚĞƐŝŐŶĞĚƚŽƐƚĞƉďĂĐŬĨƌŽŵƚŚĞ ŝŶƚĞƌƐĞĐƚŝŽŶ͕ĨƌĂŵŝŶŐĂŶŽƉĞŶƉĞĚĞƐƚƌŝĂŶƐƉĂĐĞǁŝƚŚǁĂůŬŝŶŐƉĂƚŚƐ ĂŶĚĚƌŽƵŐŚƚͲƚŽůĞƌĂŶƚƉůĂŶƚƐ͕ƉƌŽǀŝĚŝŶŐĂнͬͲϮϬ͛ͲϬ͟ƐĞƚďĂĐŬďƵĨĨĞƌƚŽ ƚŚĞƉŽŽůĚĞĐŬĂŶĚƉƌŝǀĂƚĞĂƌĞĂŽĨƚŚĞŚŽƚĞů͘
ď͘ dŚĞƉŽŽůĚĞĐŬŝƐůŽĐĂƚĞĚϮ͛ͲϬ͟ƚŽϱ͛ͲϬ͟ĂďŽǀĞƐƚƌĞĞƚůĞǀĞů͕ǁŝƚŚĂŶ ƌĐŚŝƚĞĐƚƵƌĂůůLJĂƌƚŝĐƵůĂƚĞĚƉĞĚĞƐƚƌŝĂŶƐĐĂůĞKůĞ,ĂŶƐŽŶďƵĨĨĞƌ͘dŚŝƐ ƐƚƌƵĐƚƵƌĞĂŶĚĂƌĞĂĂƌĞƵƐĞĚĨŽƌ>ŽĂĚŝŶŐĂŶĚ^ĞƌǀŝĐĞŽĨƚŚĞŚŽƚĞů ƉƌŽǀŝĚŝŶŐĂƚƌĂŶƐŝƚŝŽŶƚŽƚŚĞƉŽŽůĚĞĐŬĂůŽŶŐ
ůĂŵŝŶŽZĞĂů͘
Đ͘ ŽŶĞͲƐƚŽƌLJƐƚƌĞĞƚͲƐŝĚĞĐĂĨĠĂŶĚďƵĨĨĞƌŚĂǀĞďĞĞŶĂĚĚĞĚĨŽƌ ĂƌĐŚŝƚĞĐƚƵƌĂůŝŶƚĞƌĞƐƚ͕ĂƌƚŝĐƵůĂƚŝŽŶ͕ĂŶĚĐŽŵŵƵŶŝƚLJĞŶŐĂŐĞŵĞŶƚǁŝƚŚ ƚŚĞƐƚƌĞĞƚ͘dŚŝƐĂƌĞĂŝƐƐĞƚďĂĐŬĂƉƉƌŽdžŝŵĂƚĞůLJϮϱ͛ͲϬ͟ĨŽƌĂďŽƵƚϱϬй ŽĨƚŚĞůĞŶŐƚŚŽĨ
ůĂŵŝŶŽZĞĂů͘
Ě͘ dŚĞDĂŝŶ
ŶƚƌLJ
ůĞŵĞŶƚĂŶĚdƵƌƌĞŶƚĂƌĞĚĞƐŝŐŶĞĚƚŽĨĞĞůůŝŐŚƚĂŶĚ
ƚƌĂŶƐƉĂƌĞŶƚĂƐLJŽƵĂƉƉƌŽĂĐŚƚŚĞƐĞĐŽŶĚůĞǀĞů͕ƉƌĞƐĞƌǀŝŶŐǀŝĞǁƐĂŶĚ ƌĞĚƵĐŝŶŐƚŚĞďƵŝůĚŝŶŐΖƐƐĐĂůĞʹǁŚŝůĞŝŶĐŽƌƉŽƌĂƚŝŶŐĂƌĐŚŝƚĞĐƚƵƌĂů ĂƌƚŝĐƵůĂƚŝŽŶƚŚĂƚƐƚƌĞŶŐƚŚĞŶƐƚŚĞ,ŝƐƚŽƌŝĐĂůĞƐƚŚĞƚŝĐŽĨƚŚĞďƵŝůĚŝŶŐ͘ ϱ͘ WƵďůŝĐĐĐĞƐƐŽƌŝĚŽƌ
Ă͘ dŚĞůĂŶĚƐĐĂƉĞĂůŽŶŐƚŚĞƉĞĚĞƐƚƌŝĂŶĞĚŐĞƐŚĂƐďĞĞŶĚĞƐŝŐŶĞĚƚŽ ƐůŽƉĞĂǁĂLJĨƌŽŵƚŚĞďƵŝůĚŝŶŐƐ͕ƉƌŽǀŝĚŝŶŐƚŚĞŝůůƵƐŝŽŶŽĨĂůĂƌŐĞƌ ůĂŶĚƐĐĂƉĞǁŚŝůĞƌĞĚƵĐŝŶŐƚŚĞŵĂƐƐŝŶŐŽĨƚŚĞƐĞƐƚƌƵĐƚƵƌĞƐĂŶĚ ŵĂŝŶƚĂŝŶŝŶŐƉŽƐŝƚŝǀĞĚƌĂŝŶĂŐĞĂǁĂLJĨƌŽŵƚŚĞďƵŝůĚŝŶŐƐ͘ ď͘ dŚĞWĞĚĞƐƚƌŝĂŶĂĐĐĞƐƐĂůŽŶŐǀĞŶŝĚĂWŝĐŽĂŶĚ
ůĂŵŝŶŽZĞĂůŚĂƐ
ďĞĞŶĞŶŚĂŶĐĞĚǁŝƚŚŵĞĂŶĚĞƌŝŶŐƉĞĚĞƐƚƌŝĂŶŐĂƌĚĞŶƐǁŝƚŚƐĞĂƚŝŶŐ ĂƌĞĂƐĂŶĚĂƌƚǁŽƌŬ͘
Đ͘ ƐƚƌĞĞƚͲƐŝĚĞĐĂĨĠǁŝƚŚďŝƐƚƌŽƚĂďůĞƐŚĂƐďĞĞŶĂĚĚĞĚƚŽƉƌŽŵŽƚĞ ĐŽŵŵƵŶŝƚLJĞŶŐĂŐĞŵĞŶƚĂŶĚĐŽŶŶĞĐƚŝŽŶĂůŽŶŐ
ůĂŵŝŶŽZĞĂů͘
184
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϭϬŽĨϭϭ ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶŝŶŐŽĚĞ͗
Ă͘ DĂdžŝŵƵŵ,ĞŝŐŚƚŶĂůLJƐĞƐ͗^ĞĐƚŝŽŶϭϳ͘Ϯϰ͘ϭϭϬ͖
,ĞŝŐŚƚϰϱ͛ͲϬ͕͟ǁŝƚŚϮ͛ͲϬ͟ĞŶĐŚƌŽĂĐŚŵĞŶƚĂůůŽǁĞĚĨŽƌ͞ŚŝŵŶĞLJ;ƐͿ͟ ZĞĨĞƌƚŽ^ŚĞĞƚͲϬϭĐĂŶĚͲϬϭĐͲϮ͘
džŝƐƚŝŶŐĞůĞǀĂƚŝŽŶƐĂƌĞƚĂŬĞŶĨƌŽŵĂϭϵϴϰƚŽƉŽŐƌĂƉŚLJƐƵƌǀĞLJƉƌĞƉĂƌĞĚďLJ ƵŐĞŶĞ,͘LJĞƌ͘
dŚĞĂƚƵŵŚĂƐďĞĞŶƌĞǀŝƐĞĚƚŽďĞϮ͘ϰ͛ŚŝŐŚĞƌďĂƐĞĚŽŶdŽĂů ŶŐŝŶĞĞƌŝŶŐ͛ƐƌĞǀŝĞǁŽĨ
ůĞǀĂƚŝŽŶ
ĂƚƵŵŝĨĨĞƌĞŶĐĞ;Es͛ϴϴǀƐ͘EKs͛ϮϵͿ͘ZĞĨĞƌƚŽ>ĞƚƚĞƌ^ŚĞĞƚͲϬϭĐͲϮ͘ ůůďƵŝůĚŝŶŐĞůĞŵĞŶƚƐĂƌĞďĞůŽǁƚŚĞϰϱ͛ͲϬ͟ŵĂdžŝŵƵŵŚĞŝŐŚƚ͕ĂƐĐĂůĐƵůĂƚĞĚƉĞƌƚŚĞŝƚLJŽĨ^ĂŶ ůĞŵĞŶƚĞ'ƵŝĚĞůŝŶĞƐ͘
WůĂƚĞ,ĞŝŐŚƚŵĂdžŝŵƵŵŚĞŝŐŚƚϯϳ͛ͲϬ͗͟
ZĞĨĞƌƚŽƌĐŚŝƚĞĐƚƵƌĂůZĞƐƉŽŶƐĞ͞DdηϮZĞƐƉŽŶƐĞϴĚ͘͟ĚĂƚĞĚϬϰͬϬϳͬϮϬϮϱ͘ ϮϬϮϮ͗ŚĂƉƚĞƌϳ͕^ĞĐƚŝŽŶϳϬϱ
džƚĞƌŝŽƌtĂůůƐ͗
Ă͘ dŚĞƉƌŽũĞĐƚŚĂƐďĞĞŶĚĞƐŝŐŶĞĚĨŽƌϮϬϮϮ͕ǁŝƚŚůĞĞǁĂLJĨŽƌĚĞƐŝŐŶŵŽĚŝĨŝĐĂƚŝŽŶƐĚƵƌŝŶŐƚŚĞ ĞƐŝŐŶĞǀĞůŽƉŵĞŶƚĂŶĚŽŶƐƚƌƵĐƚŝŽŶŽĐƵŵĞŶƚĂƚŝŽŶWŚĂƐĞƐŽĨƚŚĞƉƌŽũĞĐƚ͘ • ZĞĨĞƌƚŽ^ŚĞĞƚͲϭϱĨŽƌƚŚĞŽƉĞŶŝŶŐƉĞƌĐĞŶƚĂŐĞŽĨĂƌĞĂ͕ĂƐƉĞƌdĂďůĞϳϬϱ͘ϴ͘ • ZĞĨĞƌƚŽƐŚĞĞƚͲϬϭĂͲϭĨŽƌŽĚĞŶĂůLJƐĞƐ͘dŚĞƵŝůĚŝŶŐŝƐƚŽďĞdLJƉĞ///ͲŽǀĞƌ dLJƉĞ/͘
• EŽƚĞ͗tĞƐƚ
ůĞǀĂƚŝŽŶĚŝŵĞŶƐŝŽŶĂĚĚĞĚĨŽƌĐůĂƌŝƚLJͲϯ͛ͲϮ͟ŽĨĨW͘>͘
ď͘ ĞƐŝŐŶůĞĞǁĂLJƚŽďĞĞdžƉůŽƌĞĚĚƵƌŝŶŐĞƐŝŐŶĞǀĞůŽƉŵĞŶƚĂŶĚŽŶƐƚƌƵĐƚŝŽŶŽĐƵŵĞŶƚĂƚŝŽŶ ƉŚĂƐĞƐŽĨƚŚĞƉƌŽũĞĐƚ͗
ϭ͘
džƚĞƌŝŽƌŐƵĞƐƚƌŽŽŵƐǁŝƚŚ͞KƉĞŶ͟ĂůĐŽŶŝĞƐĂƌĞĚĞƐŝŐŶĞĚƚŽďĞŵŽƌĞƚŚĂŶϲϲ͘ϳй ŽƉĞŶƚŽƉƌĞǀĞŶƚƚŚĞĂĐĐƵŵƵůĂƚŝŽŶŽĨƐƉŽŬĞ͘
• dŚĞƐĞĂƌĞĂƐǁŝůůďĞƉƌŽǀŝĚĞĚǁŝƚŚƐƉƌŝŶŬůĞƌƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚϮϬϮϮ͕ ^ĞĐƚŝŽŶϵϬϯ͘
• ϮϬϮϮ͕^ĞĐƚŝŽŶϲϬϮ͕dLJƉĞ///ͲŽŶƐƚƌƵĐƚŝŽŶ͕ƌĐŚŝƚĞĐƚƵƌĂů ůĞŵĞŶƚƐǁŝůů
ďĞĚĞƐŝŐŶĞĚĂƐ͞,ĞĂǀLJdŝŵďĞƌ͟ĨŽƌ͞ƐĞĐŽŶĚĂƌLJŵĞŵďĞƌƐ͕͟ƵƚŝůŝnjŝŶŐĂ ŵŝŶŝŵƵŵŽĨϲ͟ĚŝŵĞŶƐŝŽŶĂůůƵŵďĞƌ͕ĂŶĚǁŝůůĐŽŵƉůLJǁŝƚŚdĂďůĞϲϬϭ͘ Ϯ͘ ^ƚĂŝƌƐĂƚƚŚĞƚŚŝƌĚůĞǀĞůĂƌĞĚĞƐŝŐŶĞĚĂƐĞdžŝƚĂĐĐĞƐƐƐƚĂŝƌƐƚŽĐŽŵƉůLJǁŝƚŚϮϬϮϮ͕ ^ĞĐƚŝŽŶϭϬϭϵ͘Ϯ͘
• KƉĞŶŝŶŐƐŽĨƚŚĞƐĞĂƌĞĂƐĂƌĞŐƌĞĂƚĞƌƚŚĂŶϲϲ͘ϳϳйƚŽƌĞĚƵĐĞƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJĨŽƌƐŵŽŬĞĂĐĐƵŵƵůĂƚŝŽŶĂŶĚƉƌŽǀŝĚĞĨƌĞƐŚĂŝƌĂŶĚǀĞŶƚŝůĂƚŝŽŶ͘ • ^ƉƌŝŶŬůĞƌƐǁŝůůďĞƉƌŽǀŝĚĞĚƚŽĐŽŵƉůLJǁŝƚŚϮϬϮϮ͕^ĞĐƚŝŽŶϵϬϯ͘ 185
ϯϮϰϬϮƌŽǁŶsĂůůĞLJWĂƌŬǁĂLJηϭϬϮͲĂŶĂWŽŝŶƚͲĂůŝĨŽƌŶŝĂͲϵϮϲϮϵ - ƉŚ͘ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ- WĂŐĞϭϭŽĨϭϭ • dŚĞƚƌĂŶƐŝƚŝŽŶŽĨƚŚĞĞŶĐůŽƐĞĚƐƚĂŝƌƚŽĞdžŝƚĚŝƐĐŚĂƌŐĞǁŝůůďĞĚĞƐŝŐŶĞĚƚŽ ĐŽŵƉůLJǁŝƚŚϮϬϮϮ͕ŚĂƉƚĞƌϭϬ͘
EŽƚĞ͗dŚĞĚĞƐŝŐŶƚĞĂŵŚĂƐƌĞĨĞƌĞŶĐĞĚƚŚĞŝƚLJŽĨ>ŽƐŶŐĞůĞƐƌƚŝĐůĞϭϰ͕'ĞŶĞƌĂůZƵůĞƐ͕ ^ĞĐƚŝŽŶϭϰ͘ϭ͘ϰ͕͞
ŶĐůŽƐƵƌĞƐ͕͟ƚŽƐƵƉƉŽƌƚŽƵƌŝŶƚĞƌƉƌĞƚĂƚŝŽŶŽĨĞdžƚĞƌŝŽƌǁĂůůƐǀĞƌƐƵƐ ĞdžƚĞƌŝŽƌŐƵĞƐƚƌŽŽŵŽƉĞŶďĂůĐŽŶŝĞƐŽƌƐĞĐŽŶĚĂƌLJŽĐĐƵƉŝĞĚƐƉĂĐĞƐ͘ EŽƚĞ͗KƉĞŶŝŶŐĐĂůĐƵůĂƚŝŽŶƐŚĂǀĞďĞĞŶƚĂŬĞŶĨƌŽŵƚŚĞŽƵƚĞƌŵŽƐƚƐƵƌĨĂĐĞ͕ŝ͘Ğ͕͘ƚŚĞĞĚŐĞŽĨ ƚŚĞ͞ŽƉĞŶ͟ďĂůĐŽŶLJʹĨŽƌǁŝŶĚŽǁͬĚŽŽƌƐŝnjŝŶŐŽĨŽƉĞŶŝŶŐƐĂƚƚŚĞ džƚĞƌŝŽƌtĂůůŽĨ
͞ĐŽŶĚŝƚŝŽŶĞĚƐƉĂĐĞ͟ŽƌďƵŝůĚŝŶŐ͘dŚĞĞdžƚĞƌŝŽƌǁĂůůŝƐŝŶƚĞƌƉƌĞƚĞĚƚŽďĞƚŚĞĞdžƚĞƌŝŽƌǁĂůůŽĨ ƚŚĞĐŽŶĚŝƚŝŽŶĞĚƐƉĂĐĞŽƌƚŚĞŐƵĞƐƚƌŽŽŵ͘
dŚĂŶŬLJŽƵŝŶĂĚǀĂŶĐĞĨŽƌLJŽƵƌƚŝŵĞĂŶĚĐŽŶƐŝĚĞƌĂƚŝŽŶŝŶƌĞǀŝĞǁŝŶŐĂŶĚƉƌŽĐĞƐƐŝŶŐƚŚŝƐƉƌŽũĞĐƚ͘WůĞĂƐĞĚŽŶŽƚ ŚĞƐŝƚĂƚĞƚŽĐŽŶƚĂĐƚŵĞǁŝƚŚĂŶLJƋƵĞƐƚŝŽŶƐŽƌĐŽŵŵĞŶƚƐ͘ ZĞƐƉĞĐƚĨƵůůLJƐƵďŵŝƚƚĞĚďLJ͗
:ŽƌĚĞŶ^ĞŐƌĂǀĞƐ͕/͕>
W͕EZ
WƌŝŶĐŝƉĂů
:KZ
E^
'Zs
^Z,/d
d͗/E͘
ƉŚϵϰϵ͘ϯϯϴ͘ϮϲϬϯ
186
187
188
189
190
191
AGENDA ITEM: 2-C
Design Review Subcommittee (DRSC)
Meeting Date: December 14, 2022
PLANNER: Sara Toma, AICP, Senior Planner
SUBJECT: Master Project (MP) 22-324, The Gallery, a request to build a three-story boutique hotel that includes 49 rooms, restaurant, café, a parking garage with building services on a vacant lot.
BACKGROUND:
The project site is located at 1801 North El Camino Real at the northwest corner of El Camino Real and Avenida Pico. Surrounding land uses include the Segunda Deshecha Cañada Channel to the north, commercial uses to the west and south, and carwash to the east. The applicant is proposing to build a three-story boutique hotel with 49 rooms (31,139 square feet), restaurant (3,201 square feet), Café (888 square feet), including a parking garage with a 106 parking stalls (47,196 square feet) and a building services. See Attachments 1, 2, and 3 for project narrative, Architectural Plan and Landscape Plan.
ANALYSIS:
The following are applicable to the subject project pertaining to the goals and policies of the General Plan, Coastal Land Use Plan, and the City Design Guidelines:
General Plan and Coastal Land Use Plan - View Corridor
The Urban Design Element of the General Plan identifies this site as a “Gateway” to the City. Gateways are defined as transitional places and visual cues that announce entrances to cities, neighborhoods or districts. Urban Design Element Policy UD-2.05. Public View Corridors requires the preservation of designated public view corridors in the design and construction of gateway area improvements. The Goals and Policies of the Urban Design Element are included as Attachment 4. Moreover, the required architectural style is the Spanish Colonial Revival (SCR), as identified in the City’s Design Guidelines.
A goal of the Natural Resources Element of the General Plan is to preserve natural aesthetic resources of the City, including coastal bluffs, beaches, visually significant ridgelines, coastal canyons and significant public view corridors. Under Policy NR-2.04 (Public View Corridor of Ocean) requires that we preserve designated public view corridors to the ocean.
See Attachment 5, Natural Resources Element, for full details.
The City’s Local Coastal Program Land Use Plan incorporates Coastal Act Policies that preserve visual character and aesthetic resources. As identified in Attachment 6 (Section
6.3.1 Visual Resources - Policy VIS-1) new development shall be designed to preserve the visual character and aesthetic resources of the City’s coastal zone including preservation of the physical features of coastal bluffs and canyons, and where feasible, enhance and restore scenic and visual qualities of the coastal zone, including to and along the ocean and coastal ATTACHMENT 6
192
MP 22-324, The Gallery Page 2
bluffs, visually significant ridgelines, and coastal canyons, open spaces, prominent, mature trees on public lands, and designated significant public views.
Overlays
The North Beach/North El Camino Real Focus Area is a unique, community and coastal visitor oriented entertainment hub and recreation area. This is a prominent site, and this project would be a dominant view for any travelers moving along East Avenida Pico and North El Camino Real.
Public View Corridor Impact Analysis
The General Plan states “we preserve designated public view corridors to the ocean.” To preserve means to keep in its original state or good condition. Although it may be a challenge to keep the corridor in its original state when any development is proposed, staff’s initial analysis finds that the development, as presently designed, impacts the public view corridor.
Further modifications are likely necessary to lessen the impacts to the view corridor. See Attachment 7 Public View Corridor Impact Analysis on best practices to evaluate the impacts of development on the visual quality of an existing public view shed.
RECOMMENDATION:
Staff seeks comments and recommendations from the DRSC to: 1) provide initial feedback on the design and architecture of the proposed project, 2) provide input on visual impacts to the public view corridor and potential ways to mitigate such, and 3) provide direction, if deemed necessary, on best methods to develop an impact analysis of the public view corridor prior to any recommendation moving forward.
Attachments:
1. Project Narrative Letter
2. Architectural Plan
3. Landscape Plan
4. Urban Design Element
5. Natural Resource Element
6. Local Coastal Program Land Use Plan – Visual Resources
7. Public View Corridor Impact Analysis
193
194
195
196
197
Zoning Ordinance Consistency Table
Standard Code Requirement Proposed / Provided Complies
Zoning District MU-1-A-CB-CZ MU-1-A-CB-CZ Yes
Front Setback 0 ft minimum (Urban main
street)
ƍ-ƎWR
ƍ-Ǝ Yes
Rear Setback 0 ft ƍ-ƎWRƍ-Ǝ Yes
Side Setback
(East)
0 ft ƍ-ƎWRƍ-Ǝ Yes
Side Setback
(West)
0 ft ƍ-ƎWRƍ-
Ǝ Yes
Building
Height
ƍ-ƎPD[
SODWHKHLJKWƍ-
Ǝ
ƍ-Ǝ
SODWHKHLJKWƍ-
Ǝ
Yes
Stories 6WRULHV VWRULHV Yes
Hotel Density JXHVWURRPVIORW
DUHD
6&0&
URRPV
0D[SHUPLWWHG
§RQVIORW
Yes
Parking (Total
Stalls)
UHTXLUHG SURYLGHG Yes
Lot Coverage PD[ Yes
Urban Open
Area
20% 25% Yes
Floor Area
Ratio (FAR)
)$5
)$5 Yes
ATTACHMENT 11
198
Hanson Hotel General Plan Consistency Table
General Plan Policy & Text Project Consistency
LU-2.01-Quality, “We require that new
development protect community character
by providing architecture, landscaping and
urban design of equal or greater quality than
surrounding development, and by
respecting the architectural character and
scale of adjacent buildings”;
Consistent. The project consists of
Spanish Colonial Revival architecture,
landscaping, and site design, in line with
the architectural style that highlights the
character of the City’s early development
as the “Spanish Village-by-the-Sea”,
which includes the North Beach area.
Building mass has been reduced by
stepping the upper floors back away from
Avenida Pico and the majority of the
building mass along North El Camino
Real is pulled to the back of the lot (north
end), which maintains a pedestrian scale
from Avenida Pico
LU-2.03-Neighborhood Compatibility,
“We require that commercial projects
abutting residential neighborhoods be
designed and operated to protect residents
from the effects of noise, light, odors,
vibration, traffic, parking and other
operational impacts.”
Consistent. The project incorporates
trash enclosures in the subterranean
parking areas, all required parking is
provided on-site, and the amplified noise
will terminate at 10:00pm.
LU-12.02 – Infill Development: Encourage
development compatible with coastaloriented, community-serving commercial uses, including overnight accommodations
and public recreation.
Consistent. The project is an infill
development on a vacant 0.8-acre parcel
in the MU1 zone, providing a 61-room
hotel with restaurants, cafés, public
spaces, and coastal-oriented amenities.
North Beach Focus Area Goal – Support a
vibrant, pedestrian-oriented environment
with active street frontages and visitorserving amenities.
Consistent. Located in the North Beach
Focus Area, the project includes active
ground-floor uses (cafés, lobby, art and
public landscaped areas), rooftop dining,
public seating, and streetscape
improvements along Avenida Pico and El
Camino Real.
UD-1.01 through UD-1.11 – Public
Places: Create and enhance high-quality
public spaces that encourage social
interaction and highlight community identity.
Consistent. Features a podium deck with
public ocean views, public art, enhanced
sidewalks, and landscaped plazas to
serve both visitors and residents.
UD-2 Gateway Policies – Develop gateway
sites with high-quality architecture and
landscaping to create a strong sense of
arrival.
Consistent. As a property located in the
North Beach Gateway, the project
incorporates authentic Spanish Colonial
Revival architecture, articulated façades,
public art, and tiered landscaping to
create a distinctive entrance to the City.
ATTACHMENT 10
199
UD-5 Architectural & Landscape
Character – Maintain and enhance the
city’s historic Spanish Colonial Revival
character in architecture and landscaping.
Consistent. The design includes clay tile
roofing, stucco walls, arched openings,
wrought iron detailing, tiered design and
massing, and landscaping to reinforce
San Clemente’s historic identity.
Policy UD-3.01 (Spanish Colonial Revival
Architecture) states: “Require all new
development in the Architectural Overlay
District to reflect the City’s Spanish Colonial
Revival design standards and guidelines.”
Consistent. The project proposes
traditional design features, including red
tile roofs, arched windows, smooth white
stucco walls, decorative ironwork, and
tiered massing. These elements ensure
the building respects and reinforces the
City’s architectural identity.
Policy HP-2.02 Contextual Compatibility.
“Ensure that development adjacent to or
visible from designated historic structures or
districts is compatible in scale, materials,
and design.”
Consistent. The project’s architectural
elements, including turret features and
articulated facades, compliments the
North Beach Historic District’s form and
detailing. It maintains scenic view
corridors and massing transitions that
respect the integrity of surrounding
historic resources including the Casino
and Miramar Theater.
C-Scenic and Cultural Resources Goal –
Protect and enhance visual quality of scenic
corridors and maintain public coastal views.
Consistent. The project is designed with
stepped massing away from Avenida
Pico to maintain blue-water ocean views
and includes landscaping, street trees,
and pedestrian amenities to enhance
scenic quality.
Policy ED-4.02 “North Beach. We require
initiatives, investments, and development
approvals for the North Beach area to
contribute to our vision of the area as a
multi-modal, mixed-use entertainment and
recreation district that emphasizes the
pedestrian experience and preserves and
enhances its key assets. These assets are
views of the ocean, access to the beach, a
rich inventory of historic resources, access
to recreational opportunities and numerous
shops and services for residents and
visitors alike.”
Consistent. Adds a boutique hotel with
25% affordable rooms, rooftop
restaurant, cafés, and public view decks,
supporting tourism and economic vitality.
M-6 – Pedestrian-Oriented Commercial
Areas: Make commercial districts more
functional and enjoyable for pedestrians.
Consistent. Enhances sidewalks,
includes outdoor dining, provides bicycle
parking, and orients active uses toward
the street to promote pedestrian activity.
NR-2 – Aesthetic Resources: Protect and
enhance community character through highConsistent. Employs authentic Spanish Colonial Revival design with high-quality
200
quality architecture and landscaping. materials and landscaped public areas to reinforce the City’s “Spanish Village by
the Sea” character.
PSFU-3 – Arts and Culture: Promote
public art and cultural identity in new
development.
Consistent. Includes locally inspired
building artwork, wayfinding signage, and
public art, supporting San Clemente’s
arts and culture goals.
201
Coastal Land Use Plan Consistency Table
LUP Policy & Text Project Consistency
LUP Policy LU-1.02 Visitor-Serving
Development “Encourage and prioritize
visitor-serving commercial and/or
recreation uses over private residential or
general commercial development in the
Visitor Serving Commercial District
(VSCD) Overlay.”
Consistent. The project proposes 61 hotel
rooms, two cafés, and a rooftop
restaurant, all visitor-serving uses, making
productive use of a vacant coastal parcel
and enhancing the vitality of the North
Beach entertainment and recreation
District.
LUP Policy LU-6.1, “Support lodging
uses in areas that offer access to transit,
coastal amenities, and visitor-serving
attractions.” LUP Policy LU-22
“Encourage development that includes
ground-floor commercial uses with upperstory residential, office, or hotel uses in mixed-use areas to support activity and
street vitality”.
Consistent. The project aligns with these
objectives by introducing a hotel and
restaurants/cafes at a prominent coastal
gateway and transit-adjacent site. It
contributes to the area’s economic vitality,
contributes to a high-quality public realm,
and reflects San Clemente’s distinctive
architectural character
LUP Policy LU-2.01 Land Use
Compatibility “Ensure new development
is compatible with adjacent development
in use, scale, and design, especially in
the Coastal Zone.”
Consistent. The project incorporates foursided architecture and stepped massing to transition appropriately toward
surrounding structures, respecting the
North Beach Historic District context and
adjacent view corridors while enhancing
the pedestrian environment
LUP Policy LU-41: "Encourage
development of overnight
accommodations in appropriate
locations, including new low- and
moderate-cost facilities, to maximize
public access to the coast."
Consistent. The proposed 61-room hotel
with 16 rooms (25 percent) affordable
units fulfills these goals by providing
accessible lodging in a high-amenity,
pedestrian-oriented coastal district.
LUP Policy VIS-1 Visual Character and
Aesthetic Resources Preservation. “New
development shall be designed to
preserve the visual character and
aesthetic resources of the City’s coastal
zone including preservation of the
physical features of coastal bluffs and
canyons, and where feasible, enhance
and restore scenic and visual qualities of
the coastal zone, including to and along
the ocean and coastal bluffs, visually
significant ridgelines, and coastal
canyons, open spaces, prominent,
mature trees on public lands, and
Consistent. The project reduces building
height to one story along Avenida Pico
and includes landscaped terraces and
open garden spaces that maintain and
frame ocean views from public vantage
points, consistent with mapped scenic
resource protections
ATTACHMENT 9
202
designated significant public views (as
identified on Figure 6-1 Scenic Gateways
and Corridors, Figure 6-2-A Public View
Corridors and Figure 6-2-B Public View
Corridors). Where protection of visual
character and aesthetic resources is not
feasible, impacts should be mitigated.”
Policy CIRC-4.02 Public Access and
Circulation states: “Provide and
enhance pedestrian, bicycle, and transit
access to and within the Coastal Zone.”
Consistent. The project is sited within
walkable distance to North Beach, the
Metrolink train station, the San Clemente
Coastal Trail, the North Beach Trolley
stop, and existing visitor serving
businesses. It also provides affordable
overnight accommodations, widened
sidewalks, publicly accessible terraces
and gardens, and visual access to coastal
amenities
VIS-2 – Scenic Corridors and Scenic
Roadways. Development on scenic
corridors shall be sited and designed to
protect public views to the ocean,
beaches, and other scenic resources.
Consistent. Building height is minimized
along Avenida Pico to protect key ocean
views from the public right-of-way,
consistent with scenic corridor protection
policies.
VIS-6 – Public View Corridors. New
development along scenic corridors
should minimize the blockage of ocean
and coastal views.
Consistent. Taller building elements are
set back from Avenida Pico, keeping the
lowest profile adjacent to the street to
minimize obstruction of blue-water views.
VIS-10 – Development Review.
Enhance scenic gateways into the City
with context-sensitive development that
reflects the City’s coastal character.
Consistent. The site is an LUP-designated
Gateway; the design incorporates
Spanish Colonial Revival architecture,
public art, street trees, and articulated
façades along El Camino Real and
Avenida Pico to create a strong sense of
arrival.
Section 2.4 – Visitor Serving Land Use
and Development: Coastal Act policies
require provisions for public and low-cost
recreation and visitor-serving facilities by
requiring suitable land be designated for
these uses and that these uses be given
priority.
Consistent. The MU1 zoning and Visitor
Serving Commercial District Overlay
prioritize hotels and restaurants. The
project includes a 61-room hotel (25%
affordable rooms), rooftop restaurant,
cafés, and public dining areas—
expanding visitor-serving uses in the
coastal zone.
LUP 3.3 – Cultural Resource
Protection: Protect and preserve historic
resources and require new development
to be compatible with the historic
character of the area.
Consistent. Within the North Beach
Historic District, the project underwent
Cultural Heritage review. It uses authentic
Spanish Colonial Revival elements to
integrate with the historic context.
203
LUP §2.3 – Public Access: Maximize
public access to and along the coast
consistent with the Coastal Act.
Consistent. The project improves coastal
access by providing widened sidewalks,
public benches, street trees, wayfinding
signage, and a public terrace providing
ocean views.
General Coastal Development Policy –
New development shall be sited and
designed to be visually compatible with
the character of surrounding areas and
not block views to coastal resources.
Consistent. Scale, massing, and
architecture are compatible with
surrounding North Beach buildings.
Height transitions reduce visual impacts
on adjacent properties and maintain
public view corridors.
LUP Natural and Cultural Resource
Policy – Protect and enhance community
character through high-quality
architecture and site planning that
reflects San Clemente’s Spanish Colonial
Revival heritage.
Consistent. The hotel’s architecture
reflects authentic Spanish Colonial
Revival design, with clay tile roofs, stucco
walls, arched openings, and wrought iron
detailing. Landscaping and site layout
reinforce the historic coastal village
identity.
204
ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ ηϭϬϮ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ ϭ ŽĨ Ϯ
dƌĂŶƐŵŝƚƚĂů dƌĂŶƐŵŝƚƚĂů dƌĂŶƐŵŝƚƚĂů :ŽďEK͘ϮϬϮϯͲϬϮϬ d
͗ :ƵůLJϮϯ͕ϮϬϮϱ
ZĞĨĞƌĞŶĐĞ͗ ZĞĨĞƌĞŶĐĞ͗ ZĞĨĞƌĞŶĐĞ͗^WWϮϮ͘ϯϮϭ͕ ϮϮ͘ϯϮϭ͕ ϮϮ͘ϯϮϭ͕ ϮϮ͘ϯϮϭ͕hWϮϮ͘ϯϮϮ͕ ϮϮ͘ϯϮϮ͕ ϮϮ͘ϯϮϮ͕ ϮϮ͘ϯϮϮ͕,WϮϮ͘ϯϮϯ K&͗ ^ZηϮϴϵϴϴϮ ^ZηϮϴϵϴϴϮ ^ZηϮϴϵϴϴϮ
WEη Ϭϱϳ͘ϭϵϭ͘ϲϬ Ϭϱϳ͘ϭϵϭ͘ϲϬ Ϭϱϳ͘ϭϵϭ͘ϲϬ
EͲdƌĂĐƚηϭϰϰϴϲ
WƌŽũĞĐƚ WƌŽũĞĐƚĚĚƌĞƐƐ͗ ĚĚƌĞƐƐ͗ ĚĚƌĞƐƐ͗ ĚĚƌĞƐƐ͗
dŚĞ'ĂůůĞƌŝĂ͞dŚĞ,ĂŶƐĞŶ͟ϭϴϬϭ
EŽƌƚŚ
ůĂŵŝŶŽZĞĂů^ĂŶ
ůĞŵĞŶƚĞ͕ϵϮϲϳϯ
ƚƚĞŶƚŝŽŶ͗ ƚƚĞŶƚŝŽŶ͗ ƚƚĞŶƚŝŽŶ͗
ĚĂŵƚĂŵŝĂŶ
ĞƉƵƚLJŝƌĞĐƚŽƌŽĨŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ
ĐͬŽ
:ŽŚŶŝĂŵƉĂ
ŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞŽŶƚƌĂĐƚWůĂŶŶĞƌ
ϵϭϬĂůůĞEĞŐŽĐŝĂ
^ĂŶůĞŵĞŶƚĞ͕ϵϮϲϳϯ
WŚ͗ϵϰϵ͘Ϯϰϲ͘ϱϵϭϯ
:ŽŚŶ͕
WĞƌLJŽƵƌƌĞƋƵĞƐƚ͕ŚĞƌĞŝƐĂůŝƐƚŽĨƚŚĞƌĞǀŝƐŝŽŶƐŵĂĚĞƚŽƚŚĞƉƌŽũĞĐƚĂƐĂƌĞƐƵůƚŽĨƚŚĞĞƐŝŐŶZĞǀŝĞǁ^ƵďŽŵŵŝƚƚĞĞƉƌŝůϵ͕ϮϬϮϱ͗ ϭ͘ ĂƐĞĚŽŶŝƚLJŽŵŵĞŶƚ͕,ŝƐƚŽƌŝĐĂůŽŶƚĞdžƚ/ŵƉĂĐƚ^ŚĞĞƚƐ;Ϯ͘ϮͲϮ͘ϯͿŚĂǀĞďĞĞŶƉƌŽǀŝĚĞĚĨŽƌĐůĂƌŝĨŝĐĂƚŝŽŶ͘EŽ ĚĞƐŝŐŶƌĞǀŝƐŝŽŶƐǁĞƌĞŝŶĐŽƌƉŽƌĂƚĞĚ͘
Ϯ͘ ĂƐĞĚŽŶŝƚLJƌĞƋƵĞƐƚĞĚĐůĂƌŝĨŝĐĂƚŝŽŶ͕^ŚĞĞƚϯ͘ϭŚĂƐďĞĞŶƉƌŽǀŝĚĞĚĨŽƌĐůĂƌŝĨŝĐĂƚŝŽŶ͕ůŽĐĂƚŝŶŐ^ƚƌĞĞƚdƌĞĞƐ͕ĂŶĚ ŝĚĞŶƚŝĨLJŝŶŐ^ƚƌĞĞƚ^ŝĚĞǁĂůŬ/ŵƉƌŽǀĞŵĞŶƚƐĂŶĚŵŝŶŝŵƵŵǁŝĚƚŚƐ͘ ϯ͘ ĂƐĞĚŽŶŝƚLJƌĞƋƵĞƐƚĞĚĐůĂƌŝĨŝĐĂƚŝŽŶ͕^ŚĞĞƚϰ͘ϭĂĂƐĞŵĞŶƚ:ƵƐƚŝĨŝĐĂƚŝŽŶŚĂƐďĞĞŶĂĚĚĞĚ͘ ϰ͘ ĂƐĞĚŽŶŝƚLJƌĞƋƵĞƐƚĞĚĐůĂƌŝĨŝĐĂƚŝŽŶ͕^ŚĞĞƚϭ͘ϬĂŶĚϭ͘ϭ,ĞŝŐŚƚŶĂůLJƐĞƐŚĂǀĞďĞĞŶƌĞǀŝĞǁĞĚǁŝƚŚŵŝŶŽƌ ĐŽƌƌĞĐƚŝŽŶƐƵƉĚĂƚĞĚ͘^ŚĞĞƚϭ͘Ϯ;
džŝƐƚŝŶŐ'ƌĂĚĞͿŚĂƐďĞĞŶĂĚĚĞĚĨŽƌ͞ŝŶĐůƵƐŝŽŶĂƌLJ͟ƌĞĨĞƌĞŶĐĞŽŶůLJ͘ ϱ͘ ĂƐĞĚŽŶZ^ƌĞĐŽŵŵĞŶĚĂƚŝŽŶ͕ƚŽƉƌŽǀŝĚĞ͞&ŽƵƌͲ^ŝĚĞĚƌĐŚŝƚĞĐƚƵƌĞ͟ĂŶĚĚĞƐŝŐŶĨŽƌ'ĂƚĞǁĂLJ^ŝƚĞ͘ƌĐŚŝƚĞĐƚƵƌĞ ĂŶĚ>ĂŶĚƐĐĂƉĞŚĂǀĞĐŽůůĂďŽƌĂƚĞĚƚŽŽĨĨĞƌĂŶĂƌƚŝĐƵůĂƚĞĚtĞƐƚ ůĞǀĂƚŝŽŶƚŚĂƚĂůŝŐŶƐǁŝƚŚƚŚĞŝƚLJΖƐ^ƉĞĐŝĨŝĐĞƐŝŐŶ
ŝŶƚĞŶƚ͘dŚĞĨŽůůŽǁŝŶŐƌĞǀŝƐŝŽŶƐŚĂǀĞďĞĞŶŝŶĐŽƌƉŽƌĂƚĞĚƚŽƐƵƉƉŽƌƚƚŚŝƐ͘ Ă͘ <ĞLJŶŽƚĞϮϭϰʹ^ĐĂůůŽƉĞĚWůĂƐƚĞƌZĞůŝĞĨ͕ǁŝƚŚĨĂƵdžǁŽŽĚĨŝŶŝƐŚƉůĂƐƚĞƌĐŽƌďĞůƐ͘dŚŝƐǁĂůůŚĂƐďĞĞŶƌĞĐĞƐƐĞĚƚŽ ĂůůŽǁĨŽƌƚŚĞĂƌƚŝĐƵůĂƚŝŽŶ͘
ď͘ ZŽŽĨ>ŝŶĞŚĂƐďĞĞŶĂƌƚŝĐƵůĂƚĞĚƚŽƉƌŽǀŝĚĞŵŽƌĞŝŶƚĞƌĞƐƚ͘ ATTACHMENT 8
205
ϯϮϰϬϮ ƌŽǁŶ sĂůůĞLJ WĂƌŬǁĂLJ ηϭϬϮ Ͳ ĂŶĂ WŽŝŶƚ Ͳ ĂůŝĨŽƌŶŝĂ Ͳ ϵϮϲϮϵ - ƉŚ͘ ϵϰϵ͘ϯϯϴ͘ϮϲϬϯ - WĂŐĞ Ϯ ŽĨ Ϯ Đ͘ ŚŝŵŶĞLJ,ĞŝŐŚƚƐŚĂƐďĞĞŶƵƉĚĂƚĞĚƚŽĐŽŵƉůLJǁŝƚŚDĞĐŚĂŶŝĐĂů; ƋƵŝƉŵĞŶƚͿ^ĐƌĞĞŶϮ͛ͲϬ͟ĞŶĐƌŽĂĐŚŵĞŶƚ͘
Ě͘ &ĂƵdžŚŝŵŶĞLJĂƚ'ƌŝĚ>ŝŶĞϰŚĂƐďĞĞŶŽĨĨƐĞƚƚŽƉƌŽǀŝĚĞĂĚĚŝƚŝŽŶĂůƐŚĂĚŽǁůŝŶĞĂŶĚĞŶŚĂŶĐĞĚĂƌĐŚŝƚĞĐƚƵƌĂů ĚĞƚĂŝů͘ZĞǀĞĂůŚĂƐŝŶĐŽƌƉŽƌĂƚĞĚĂŶKŐĞĞ͘
Ğ͘ >ĂŶĚƐĐĂƉŝŶŐŚĂƐƉƌŽǀŝĚĞĚƵƉĚĂƚĞĚƉůĂŶƚŝŶŐƉůĂŶƐĂŶĚĞůĞǀĂƚŝŽŶƐƚŽŝŶĐŽƌƉŽƌĂƚĞĐŽŵƉůĞŵĞŶƚĂƌLJĂƌƚŝĐƵůĂƚĞĚ ůĂŶĚƐĐĂƉĞŽŶƚŚĞtĞƐƚĂŶĚEŽƌƚŚ
ůĞǀĂƚŝŽŶ͘ZĞĨĞƌƚŽ>ĂŶĚƐĐĂƉĞŽůŽƌ
ůĞǀĂƚŝŽŶƐ͘
Ĩ͘ >ĂŶĚƐĐĂƉĞŚĂƐƉƌŽǀŝĚĞĚĚƌĂƉŝŶŐůĂŶĚƐĐĂƉĞĂƚƚŚĞtĞƐƚ ůĞǀĂƚŝŽŶƚŽĂĚĚĂƌĐŚŝƚĞĐƚƵƌĂůŝŶƚĞƌĞƐƚĂŶĚƚŽƐŽĨƚĞŶ
ƚŚĞĂƌĐŚŝƚĞĐƚƵƌĞ͘
ϲ͘ >ĂŶĚƐĐĂƉŝŶŐŚĂƐďĞĞŶƵƉĚĂƚĞĚƚŽƐƵƉƉŽƌƚ
ŶŐŝŶĞĞƌŝŶŐĐŽŵŵĞŶƚƐ͘
Ă͘ ůůƉƌŽƉŽƐĞĚĚĞǀĞůŽƉŵĞŶƚŝŶƚŚĞƉƵďůŝĐZŝŐŚƚŽĨtĂLJ;Z͘K͘t͘ͿŚĂƐďĞĞŶƌĞŵŽǀĞĚ͘ ď͘ ^ƚƌĞĞƚdƌĞĞƐŚĂǀĞďĞĞŶĐŽŽƌĚŝŶĂƚĞĚǁŝƚŚƉƌŽƉŽƐĞĚƐƉĞĐŝĞƐĐĂůůĞĚŽƵƚŽŶƚŚĞ>ĂŶĚƐĐĂƉĞŽůŽƌ ůĞǀĂƚŝŽŶ͘
Đ͘ WƵďůŝĐƐŝĚĞǁĂůŬŚĂƐďĞĞŶƵƉĚĂƚĞĚƚŽĐŽŵƉůLJǁŝƚŚŝƚLJŽĨ^ĂŶůĞŵĞŶƚĞKƌĚŝŶĂŶĐĞ͘ ϳ͘ ƌĐŚŝƚĞĐƚƵƌĞŚĂƐƌĞǀŝĞǁĞĚƉƌŽũĞĐƚĚĂƚĂĂŶĚƵƉĚĂƚĞĚĂƐŶĞĞĚĞĚ͘ ϴ͘ ƌĐŚŝƚĞĐƚƵƌĞŚĂƐĂĚĚĞĚŐĞŶĞƌĂůnjŽŶŝŶŐŶŽƚĞƐĂŶĚnjŽŶŝŶŐƐƵŵŵĂƌLJĨŽƌĐůĂƌŝĨŝĐĂƚŝŽŶ͖ŶŽĚĞƐŝŐŶƌĞǀŝƐŝŽŶƐŚĂǀĞďĞĞŶ ŝŶĐŽƌƉŽƌĂƚĞĚ͘
dŚĂŶŬLJŽƵŝŶĂĚǀĂŶĐĞĨŽƌLJŽƵƌƚŝŵĞĂŶĚĐŽŶƐŝĚĞƌĂƚŝŽŶŝŶƌĞǀŝĞǁŝŶŐĂŶĚƉƌŽĐĞƐƐŝŶŐƚŚŝƐƉƌŽũĞĐƚ͘WůĞĂƐĞĚŽŶŽƚŚĞƐŝƚĂƚĞƚŽ ĐŽŶƚĂĐƚŵĞǁŝƚŚĂŶLJƋƵĞƐƚŝŽŶƐŽƌĐŽŵŵĞŶƚƐ͘
ZĞƐƉĞĐƚĨƵůůLJƐƵďŵŝƚƚĞĚďLJ͗
:ŽƌĚĞŶ^ĞŐƌĂǀĞƐ͕/͕ >
W͕ EZ
WƌŝŶĐŝƉĂů
:KZ
E^
'Zs
^Z,/d
d͗/E͘
ƉŚϵϰϵ͘ϯϯϴ͘ϮϲϬϯ
206
Design Guideline Consistency
Relevant San Clemente
Design Guideline
Project Consistency & Explanation
General Site Design Objective
– Maintain public view
corridors (II.A.2; II.A.3)
The project steps from one story along Avenida
Pico to three stories toward the interior, preserving
key ocean view corridors from Avenida Pico. This
design minimizes bulk and protects scenic coastal
views, consistent with the guideline.
Relationship to Neighboring
Development – Ensure
compatibility in scale,
massing, and character (II.B)
The hotel is designed in the Spanish Colonial
Revival style, consistent with the Architectural
Overlay District and surrounding North Beach
Historic District character. Massing transitions
respond to adjacent lower-scale development.
Architectural Character –
Spanish Colonial Revival
elements encouraged (II.C;
IV.G)
Incorporates authentic Spanish Colonial Revival
features such as stucco walls, clay tile roofing,
arched openings, wrought iron detailing, and
articulated façades. Meets the identity goal of “The
Spanish Village by the Sea.”
Landscape Character –
Enhance streetscape and
pedestrian areas (II.D)
Street trees are added along both Avenida Pico
and El Camino Real, with landscaped public
spaces and gardens integrated into the design.
Public benches and outdoor dining enhance
pedestrian comfort and activity.
Parking Facilities – Screened
and integrated with design
(II.E)
Parking is entirely within a two-level subterranean
garage with 104 spaces, eliminating visual clutter
and preserving the streetscape.
Pedestrian District Principles
– Active street frontages and
human-scale design (III.A1)
Café, rooftop restaurant, public art, and
landscaping activate the street frontage; building
entry is articulated with pedestrian-scale.
North Beach District
Guidelines – Strengthen
visitor-serving uses, coastal
access, and Spanish Colonial
Revival character (IV.C)
The hotel adds visitor-serving accommodations,
public dining, and public view opportunities from
the podium deck, consistent with North Beach’s
role as a coastal gateway.
Historically Significant &
Spanish Colonial Revival
District Guidelines – Preserve
and enhance historic identity
(IV.E; IV.G)
Design reviewed by the Cultural Heritage
Subcommittee and DRSC; project preserves
historic scale relationships and uses authentic
architectural details.
ATTACHMENT 12
207
+XWWRQ&HQWUH'ULYH6XLWH_6DQWD$QD&$
2IILFH
_)D[
Memorandum
To: -RKQ&LDPSD&LW\RI6DQ&OHPHQWH
From: 5\DQ:LQNOHPDQ0LFKDHO%DNHU,QWHUQDWLRQDO
Date: $SULO
Subject: +DELWDW9DOXH&RQVLGHUDWLRQVIRU1RUWK(O&DPLQR5HDO 0LFKDHO%DNHU,QWHUQDWLRQDO
0LFKDHO%DNHU
LVSOHDVHGWRVXEPLWWKLVPHPRUDQGXPGHVFULELQJ
ZKHWKHUWKHSURSRVHGSURMHFWVLWH
3URMHFW
ORFDWHGDW1RUWK(O&DPLQR5HDOLQWKH&LW\RI
6DQ&OHPHQWH&DOLIRUQLDKDVQRYDOXHDVKDELWDWIRUHQGDQJHUHGUDUHRUWKUHDWHQHGVSHFLHVDV GHILQHGE\WKH&DOLIRUQLD&RGHRI5HJXODWLRQV
&&5
7LWOH6HFWLRQ
0LFKDHO%DNHUELRORJLVW5\DQ:LQNOHPDQYLVLWHGWKH3URMHFWVLWHRQ$SULO7KHVLWHZDV HYDOXDWHG IURP DUHDV RI SXEOLF ULJKWRIZD\ %DVHG RQ YLVXDO REVHUYDWLRQV RQVLWH YHJHWDWLRQ FRQVWLWXWHG D PL[ RI QDWLYH FRDVWDO VDJH VFUXE DQG GLVWXUEHG DUHDV 7KH FRDVWDO VDJH VFUXE YHJHWDWLRQZDVSUHVHQWRQO\DORQJWKHHGJHVRIWKHURXJKO\UHFWDQJXODUVLWHDVZHOODVLQDVPDOO ³LVODQG´ RQ WKH VRXWKHUQ HQG 9HJHWDWLRQ ZLWKLQ WKLV FRPPXQLW\ ZDV GRPLQDWHG E\ QDWLYH JROGHQEXVK
Isocoma menziesii
ZLWKSULPDULO\TXDLOEXVK
Atriplex lentiformis
DORQJWKHHDVWHUQ
HGJH 9HJHWDWLRQ LQ WKH LQWHULRU GLVWXUEHG DUHDV FRXOG QRW EH LGHQWLILHG WR VSHFLHV IURP WKH YDQWDJHSRLQWEXWJHQHUDOO\DSSHDUHGWREHQRQQDWLYHZHHG\IRUEV%DVHGRQDUHYLHZRIKLVWRULF DHULDO LPDJHU\
WKH VLWH LV SHULRGLFDOO\ PRZHG LQ WKH LQWHULRU 2I WKH DSSUR[LPDWHO\ DFUH 3URMHFWVLWHLWLVHVWLPDWHGWKDWDFUH
DSSUR[LPDWHO\
FRQVWLWXWHVUHPQDQWFRDVWDOVDJH
VFUXEZLWKWKHUHPDLQGHUJHQHUDOO\FRPSRVHGRIQRQQDWLYHZHHGV %DVHG RQ D EULHI OLWHUDWXUH UHYLHZ RI WKH 'DQD 3RLQW DQG 6DQ &OHPHQWH 86*6 PLQXWH WRSRJUDSKLFTXDGUDQJOHVDQGDUHYLHZRIWKHGHILQLWLRQRIHQGDQJHUHGUDUHDQGWKUHDWHQHG XQGHU&&57LWOH6HFWLRQWKHTXDOLI\LQJVSHFLHVWKDWLVPRVWOLNHO\WRRFFXULQWKHJHQHUDO YLFLQLW\ LV WKH FRDVWDO &DOLIRUQLD JQDWFDWFKHU
Polioptila californica californica
&$*1
IHGHUDOO\
WKUHDWHQHG DQG D &DOLIRUQLD VSHFLHV RI VSHFLDO FRQFHUQ 7KLV VPDOO ELUG LV QHDUO\ HQGHPLFWR
FRDVWDOVDJHVFUXEKDELWDWDQGLVNQRZQWRRFFXULQWKHRSHQVSDFHDURXQGWKH6HD6XPPLW7UDLO WRWKHQRUWKQRUWKZHVWRIWKH3URMHFWVLWH$OWKRXJKVSHFLHVFRPSRVLWLRQFDQYDU\WKHWZRSODQW VSHFLHV RYHUZKHOPLQJO\ DVVRFLDWHG ZLWK &$*1 QHVWLQJ DQGIRUDJLQJ DUH &DOLIRUQLD VDJHEUXVK
Artemisia californica
DQG&DOLIRUQLDEXFNZKHDW
Eriogonum fasciculatum
QHLWKHURIZKLFKDUH
*RRJOH
*RRJOH,QF
*RRJOH(DUWK3URYHUVLRQ+LVWRULFDODHULDOLPDJHU\IURPWR &1''%
&DOLIRUQLD1DWXUDO'LYHUVLW\'DWDEDVH
5DUH)LQG>,QWHUQHW@&DOLIRUQLD'HSDUWPHQWRI)LVKDQG:LOGOLIH &136
&DOLIRUQLD1DWLYH3ODQW6RFLHW\
5DUH3ODQW3URJUDP5DUH3ODQW,QYHQWRU\
RQOLQHHGLWLRQY
:HEVLWH
KWWSV
ZZZUDUHSODQWVFQSVRUJ H%LUGH%LUG
$QRQOLQHGDWDEDVHRIELUGGLVWULEXWLRQDQGDEXQGDQFH>ZHEDSSOLFDWLRQ@H%LUG&RUQHOO/DERI2UQLWKRORJ\ ,WKDFD1HZ<RUNKWWS
ZZZHELUGRUJ
ATTACHMENT 13
208
0U&LDPSD
$SULO
3DJH
SUHVHQWRQVLWH)XUWKHUWKLVVSHFLHVLVUDUHO\NQRZQWRQHVWLQVDOWEXVK Atriplex VS
SODQWV7KH
PLQLPXPWHUULWRU\VL]HREVHUYHGLQWKLVVSHFLHV¶FRDVWDOGLVWULEXWLRQGXULQJWKHEUHHGLQJVHDVRQ LVHVWLPDWHGWREHKHFWDUHRUDSSUR[LPDWHO\DFUHVZKHUHDVWKHFRDVWDOVDJHVFUXERQWKH 3URMHFWVLWHLVDSSUR[LPDWHO\DFUH$OWKRXJK&$*1DUHNQRZQWRH[SDQGWKHLUKRPHUDQJHV LQWKHQRQEUHHGLQJVHDVRQDQGXVHVPDOOGLVMXQFWSDWFKHVRIFRDVWDOVDJHVFUXEWKDWPD\EH IUDJPHQWHGDFURVVPDQPDGHODQGVFDSHVDVWXG\RQIRUDJLQJKDELWDWVGLGQRWILQGDVLJQLILFDQW DVVRFLDWLRQZLWKJROGHQEXVKWKHPRVW FRPPRQQDWLYH VSHFLHVRQWKH3URMHFW VLWHLQWKHQRQ EUHHGLQJVHDVRQ
7KH3URMHFWVLWHLVVXUURXQGHGE\GHYHORSPHQWWRWKHHDVWDQGVRXWKDQGLV VHSDUDWHGIURP LQWDFW KDELWDWWRWKHQRUWKDQGZHVW E\D FRQFUHWH FKDQQHO DQG DVPHQWLRQHG DERYHWKH VLWH¶V LQWHULRU LV SHULRGLFDOO\ FOHDUHG RI YHJHWDWLRQ OHDYLQJ RQO\WKH UHPQDQW QDWLYH KDELWDWRQWKHHGJHV
%DVHGRQWKHUHVHDUFKFRQGXFWHGDVSDUWRIWKLVDQDO\VLVDVZHOODVYLVXDOREVHUYDWLRQVRIWKH 3URMHFWVLWHLWLV0LFKDHO%DNHU¶VRSLQLRQWKDWIRUWKHUHDVRQVOLVWHGDERYHWKH3URMHFWVLWHGRHV QRWFRQWDLQKDELWDWRIYDOXHIRU&$*1RUIRUDQ\RWKHUHQGDQJHUHGUDUHRUWKUHDWHQHGVSHFLHV $OWKRXJK&$*1DUHNQRZQWRRFFXULQWKHJHQHUDOYLFLQLW\RIWKH3URMHFWVLWHDQGFRXOGIHDVLEO\ XVHWKHVLWHDVSDUWRIDKRPHUDQJHWKH3URMHFWVLWHFDQJHQHUDOO\EHFRQVLGHUHGDVDVPDOO IUDJPHQWHG³GHDGHQG´SDWFK RIGLVWXUEHGFRDVWDOVDJHVFUXERQWKHYHU\HGJHRIGHYHORSPHQW WKDW OLNHO\ SURYLGHV QR PHDQLQJIXO YDOXH WR WKLV VSHFLHV RU DQ\ RWKHU HQGDQJHUHG UDUH RU WKUHDWHQHGVSHFLHV$VVXFKLWLV0LFKDHO%DNHU¶VRSLQLRQWKDWWKH3URMHFWVLWHKDVQRYDOXHDV KDELWDW IRU HQGDQJHUHG UDUH RU WKUHDWHQHG VSHFLHV SXUVXDQW WR &(4$ *XLGHOLQHV 6HFWLRQ
F
3OHDVH GR QRW KHVLWDWH WR FRQWDFW 5\DQ :LQNOHPDQ DW
RU
U\DQZLQNOHPDQ#PEDNHULQWOFRPVKRXOG\RXKDYHDQ\TXHVWLRQVRUUHTXLUHIXUWKHULQIRUPDWLRQ 5 $WZRRG-/DQG'5%RQWUDJHU
&DOLIRUQLD*QDWFDWFKHU
Polioptila californica
YHUVLRQ,Q%LUGVRIWKH:RUOG
$)
3RROHDQG)%*LOO(GLWRUV
&RUQHOO/DERI2UQLWKRORJ\,WKDFD1<86$ KWWSV
GRLRUJERZFDOJQD
&ODUN.%.)HUUHH.)LVFKHUDQG6-0\HUV)RUDJLQJSUHIHUHQFHVRIWKHWKUHDWHQHGFRDVWDO&DOLIRUQLD*QDWFDWFKHU
Polioptila californica
GXULQJWKHQRQEUHHGLQJVHDVRQ-RXUQDORI)LHOG2UQLWKRORJ\
KWWSV
GRLRUJ-)2
WKH3URMHFWVLWHGRHV
QRWFRQWDLQKDELWDWRIYDOXHIRU&$*1RUIRUDQ\RWKHUHQGDQJHUHGUDUHRUWKUHDWHQHGVSHFLHV SURYLGHV QR PHDQLQJIXO YDOXH
$VVXFKLWLV0LFKDHO%DNHU¶VRSLQLRQWKDWWKH3URMHFWVLWHKDVQRYDOXHDV KDELWDW IRU HQGDQJHUHG UDUH RU WKUHDWHQHG VSHFLHV SXUVXDQW WR &(4$ *XLGHOLQHV 6HFWLRQ
F
209
Administrative Policy
Amplified Sound
Date: May 2020
To: Code Compliance & Planning Division Staff
From: Community Development Director
Administrative Policy
This administrative policy provides a means to allow background sound or music without a Conditional Use Permit. This policy does not change enforcement policies.
A Conditional Use Permit is not required for televisions, radios, and television and radio speakers that provide background sound or music when used:
x Between the hours of 7:00 a.m. and 10:00 p.m. indoors, x Indoors before 10:00 p.m. with open windows or open doors, x Indoors after 10:00 p.m. with closed windows and closed doors, x For a permitted use on commercial property.
A Conditional Use Permit is required when the sound or music would be used:
x Anytime outdoors, or
x Between 10:00 p.m. and 7:00 a.m. indoors, with open doors and / or open windows, or
x With live entertainment, DJs, and / or dancing.
Background
Municipal Code Section 8.48.080 requires a Conditional Use Permit for “The use of amplified sound, including the electronically amplified sound of music, human voice, or other sound within a business, restaurant, bar or other commercial establishment…” However, it is clear that the code was not intended to regulated the use of televisions, radios, and speakers for background sound based on:
x Planning Commission Conditional Use Permit approvals that conclude that the prohibition of amplified sound does not apply to televisions, radios, and reasonable background or ambient music.
x Council approved the Noise Ordinance in 2007 “with the understanding that staff will develop a process or mechanism to waive or exempt pager systems, and other sound generators that are not intended to be covered by the Ordinance, and return to Council with a proposed amendment for consideration.” (Minutes from October 16, 2007 City Council meeting.)
x Section 8.48.070 governs prohibited noise, with a provision that certain prohibitions on produced or reproduced sound does not apply to uses operating under a CUP.
$77$&+0(174
210
Veneklasen Associates
Consultants in Acoustics | Noise | Vibration | AV | IT
1711 Sixteenth Street x Santa Monica California 90404 x tel: 310.450.1733 x fax: 310.396.3424 x www.veneklasen.com August 1, 2025
HITG Investments, LLC
32101 Peppertree Bend
San Juan Capistrano, California 92675
Attention: Rachel Nastre
Subject: The Hanson Hotel; San Clemente, California
Property Line Noise
Veneklasen Project No. 8746-001
Dear Rachel:
Veneklasen provides the following review and evaluation of the proposed Hanson Hotel exterior rooftop lounge and pool area affecting the residential and commercial property lines nearby. Veneklasen understands that there is a requirement for an acoustical analysis of noise transmission from the roof top lounge and pool area activities to the adjacent properties.
A. INTRODUCTION
The Hanson Hotel project consists of a 61-room hotel and amenities such as pool lounge and bar, rooftop lounge, and a lobby café that are exclusive to hotel guests. To the northwest (elevated), southeast and southwest are single-family houses, at least 700, 450 and 500 feet away. Immediate surroundings have commercial uses.
B. NOISE CRITERIA
Section 8.48.070 of the San Clemente Municipal Code states the following: “B. Radios, phonographs, etc. on Private Property or Within Vehicles in Public: Operating, playing or permitting the operation or playing of any radio, receiving set, television set, phonograph, drum, musical instrument, or similar device, on private property or within vehicles in public, which produces or reproduces sound:
1. In such manner as to disturb the peace, quiet and comfort of a person of normal sensitiveness.
2. At any time with louder volume than is necessary to provide convenient hearing of the device by voluntary listeners located in the same room, vehicle or chamber as the device.
3. Between the hours of 10:00 pm and 7:00 am in such a manner as to create a noise disturbance across a residential or commercial real property line or at any time to violate the provisions of Sections
8.48.050 and 8.48.060.
Section 8.48.050 of the San Clemente Municipal Code also states: “The following exterior noise standards, unless otherwise specifically indicated, shall apply to all property within the City. The Land Use category refers to the affected receiver property”:
Table 1 – Exterior Noise Levels, City of San Clemente
Land Use Allowable Exterior Noise Level, dBA
7:00 am to 10:00 pm 10:00 pm to 7:00 am
Residential 55 50
Commercial 65 60*
*Standard only applies if commercial, industrial or manufacturing buildings are occupied during these hours.
A. It shall be unlawful for any person at any location within the City to create any noise, or to allow the creation of any noise on property owned, leased, occupied, or otherwise controlled by such person, when the foregoing causes the noise level, when measured on any other property to exceed:
ATTACHMENT 15
211
Veneklasen Associates The Hanson Hotel; San Clemente, California Property Line Noise; Veneklasen Project No. 8746-001
August 1, 2025; Page 2 of 6
www.veneklasen.com
1. The noise standard for a cumulative period of more than thirty (30) minutes in any hour… B. In the event the ambient noise level exceeds any of the five (5) noise limit categories above, the allowable noise level under said category shall be increased to reflect the ambient noise level.
In summary, the noise levels from roof top lounge and pool area activities shall not exceed 55 dBA during daytime and 50 dBA during nighttime at residential units; and 65 dBA during daytime and 60 dBA during nighttime at commercial units. In the event the ambient noise level exceeds any of the five (5) noise limit categories above, the allowable noise level under said category shall be increased to reflect the ambient noise level.
C. EXTERIOR NOISE ENVIRONMENT
1. Typical Rooftop Lounge and Pool Lounge Sound Levels
To quantify the typical noise levels generated by the proposed project, Veneklasen used historical measurements1
of similar activities in the area. The sound levels considered include typical background music systems, and crowd noise with raised voices. Sound levels were considered as follows:
x Crowd noise with background music as high as 75 dBA at a distance of 8 feet. Measurements were utilized for the pool lounge and rooftop lounge sound source in the computer model during daytime hours of operation only (7 am to 7 pm)
2. Existing San Clemente Background Noise Levels
Veneklasen visited the proposed location on July 10th, 2025, to perform measurements of the existing background noise levels at the nearest properties that could potentially be impacted. Short-duration measurements (30 minutes long) were taken between the hours of 6:00 pm and 9:30 pm, a period during business hours when ambient levels are expected to be lower. Ambient noise measurements during nighttime were not possible due to access restriction.
Table 2 and Figure 1 show the measurements locations. Results are presented in terms of the Leq or average sound level, which includes steady-state and transient noises. Given all the measured ambient levels are higher than those indicated in section 8.48.050 of San Clemente Municipal code, Veneklasen will consider measured levels as ambient levels during daytime as per section 8.48.050.B. of the code. Nighttime ambient levels will be maintained as per indicated in section 8.48.050.
Table 2 – Lowest Average (Leq) Measured Ambient Sound Levels Measurement
Location Property Type Average (Leq) Ambient Level, dBA Business Hours Before 10pm of Operation
S1 Catalyst Commercial 68 10 am – 5 pm
--- 7-Eleven Commercial 68 24 hrs open
S2 Russell Fischer Car Care Commercial 66 8 am – 6 pm
S3 Propane Refill at U-Haul Commercial 74 7 am – 7 pm
S4 5 N El Camino Real Residential 56 ---
S5 100 Boca De La Playa Residential 55 ---
--- 313 Via Salamanca Residential --- ---
1 Veneklasen used a database of measurements taken from other projects, along with industry standards. Measurements include roof decks activities, outdoor bars, pool courtyards activities, small live concerts and wedding receptions. 212
Veneklasen Associates The Hanson Hotel; San Clemente, California Property Line Noise; Veneklasen Project No. 8746-001
August 1, 2025; Page 3 of 6
www.veneklasen.com
Figure 1 – Aerial View of Project Site Showing Measurement Locations
3. Analysis and Computer Model
With the acoustical measurements previously performed at the proposed location and the historical data, Veneklasen utilized iNoise v2024.2 rev 1 software in order to predict the noise level at several locations.
Veneklasen modeled the simultaneous operation of the pool lounge and rooftop lounge, including crowd noise and background music, during all hours of the day. Per the architect’s direction, directional loudspeakers were selected and positioned at a height of 7 feet, angled 45 degrees downward to focus sound on the audience area.
Therefore, the indicated conditions were modeled to reflect the noise levels at the indicated locations. Table 3 below presents the modelled results at each location.
213
Veneklasen Associates The Hanson Hotel; San Clemente, California Property Line Noise; Veneklasen Project No. 8746-001
August 1, 2025; Page 4 of 6
www.veneklasen.com
Table 3 – Predicted Exterior Sounds Levels in dBA due to Hanson Hotel Operation Location Predicted Exterior Sound Levels (dBA)
Pool Lounge + Rooftop Lounge (Crowd + background music) S1 (Commercial) 43
7-Eleven (Commercial) 56
S2 (Commercial) 56
S3 (Commercial) 48
S4 (Residential) 46
S5 (Residential) 48
313 Via Salamanca
(Residential) 26
Figure 2 – iNoise model results, pool lounge + rooftop lounge (crowd + background music) Source area
214
Veneklasen Associates The Hanson Hotel; San Clemente, California Property Line Noise; Veneklasen Project No. 8746-001
August 1, 2025; Page 5 of 6
www.veneklasen.com
D. EVALUATION
1. Maximum Permissible Noise Levels
San Clemente Noise Code limits sound transmission at property lines to be no more than levels indicated in Table 2 above during daytime and on section 8.48.050 for nighttime. Table 4, Table 5, Table 6, Table 7, Table 8, Table 9, and Table 10 below compares the predicted Hanson Hotel levels with the different conditions as well as the municipal code limit for ambient level.
Table 4 – Future Hanson Hotel Levels (dBA) and Limit Compliance at Commercial Use Location S1 Condition S1
(Commercial)
Noise Limits
(Daytime/Nighttime)
Daytime/Nighttime
Compliance
Pool Lounge + Rooftop Lounge
(Crowd + background music) 43 68/60* Yes/NA
*Business closes at 5pm. Nighttime hour Code limits are therefore not applicable.
Table 5 – Future Hanson Hotel Levels (dBA) and Limit Compliance at Commercial Use Location 7-Eleven Condition 7-Eleven
(Commercial)
Noise Limits
(Daytime/Nighttime)
Daytime/Nighttime
Compliance
Pool Lounge + Rooftop Lounge
(Crowd + background music) 56 68/60* Yes/Yes
*Business open 24 hours. Nighttime hour Code limits are therefore applicable.
Table 6 – Future Hanson Hotel Levels (dBA) and Limit Compliance at Commercial Use Location S2 Condition S2
(Commercial)
Noise Limits
(Daytime/Nighttime)
Daytime/Nighttime
Compliance
Pool Lounge + Rooftop Lounge
(Crowd + background music) 56 66/60* Yes/NA
*Business closes at 6pm. Nighttime hour Code limits are therefore not applicable.
Table 7 – Future Hanson Hotel Levels (dBA) and Limit Compliance at Commercial Use Location S3 Condition S3
(Commercial)
Noise Limits
(Daytime/Nighttime)
Daytime/Nighttime
Compliance
Pool Lounge + Rooftop Lounge
(Crowd + background music) 48 74/60* Yes/NA
*Business closes at 7pm. Nighttime hour Code limits are therefore not applicable.
Table 8 – Future Hanson Hotel Levels (dBA) and Limit Compliance at Residential Use Location S4 Condition S4
(Residential)
Noise Limits
(Daytime/Nighttime)
Daytime/Nighttime
Compliance
Pool Lounge + Rooftop Lounge
(Crowd + background music) 46 56/50 Yes/Yes
Table 9 – Future Hanson Hotel Levels (dBA) and Limit Compliance at Residential Use Location S5 Condition S5
(Residential)
Noise Limits
(Daytime/Nighttime)
Daytime/Nighttime
Compliance
Pool Lounge + Rooftop Lounge
(Crowd + background music) 48 55/50 Yes/Yes
215
Veneklasen Associates The Hanson Hotel; San Clemente, California Property Line Noise; Veneklasen Project No. 8746-001
August 1, 2025; Page 6 of 6
www.veneklasen.com
Table 10 – Future Hanson Hotel Levels (dBA) and Limit Compliance at Residential Use Location 313 Via Salamanca Condition 313 Via Salamanca
(Residential)
Noise Limits
(Daytime/Nighttime)
Daytime/Nighttime
Compliance
Pool Lounge + Rooftop Lounge
(Crowd + background music) 26 55/50 Yes/Yes
E. CONCLUSIONS AND RECOMMENDATIONS
Veneklasen’s acoustic evaluation concludes the following:
x Pool Lounge and Rooftop Lounge (crowd noise and background music): The proposed Hanson Hotel outdoor areas comply with the San Clemente’s daytime and nighttime noise requirements at nearby commercial locations (S1, S2, S3 and 7-Eleven) as well as at the closest residential locations S4, S5 and 313 Via Salamaca.
Results presented within this report are limited to the sound sources indicated in section C.1. To warrant the City of San Clemente’s noise code requirements are met, Veneklasen recommends the following:
1. Install an audio limiter on the rooftop lounge sound system. Program a “nighttime” setting that reduces volume by at least 5dBA below the typical daytime operation. Use this setting from 10 p.m. until closing time. Veneklasen recommends Behringer DCX2496 or The Govnor SPL2.2 Sound Pressure Limiter. These types of devices have a threshold point where the sound is automatically reduced once the threshold has been exceeded. These should be set up when the system is installed If you have any questions, please do not hesitate to call.
Sincerely,
Veneklasen Associates, Inc.
Elias Montoya David Varela
Associate Associate
d l
216
101 Pacifia | Suite 300 | Irvine, CA 92618 | (949) 308-6300 | Fax (951) 684-4324 www.fehrandpeers.com Memorandum
Date: January 17, 2025
To: Jorden Segraves, Jorden Segraves Architect Inc.
From: Paul Herrmann, P.E.
Joshua Geronimo
Subject: The Hansen Hotel – Focused Transportation Study OC24-1095
Fehr & Peers completed a focused transportation study for the Hansen Hotel development project (Project) in the City of San Clemente, California. This scope of this assessment was coordinated with City staff and approved on December 12, 2024. This assessment evaluates the effect of Project traffic on City transportation infrastructure and concludes that improvements are not needed to meet City standards/requirements on Level of Service (LOS), queueing capacity, or traffic signal warrants.
Project Description
The Hansen Hotel project proposes a 61-room hotel with 2.54 KSF of restaurant space and 0.29 KSF of a public walk-up café. There are amenities such as a poolside lounge and bar, and a lobby café that are exclusive to hotel guests.
The Project site plan is provided as Appendix A. The project is located at the northwest corner of Avenida Pico and El Camino Real, with right-in/right-out driveway access along the north side of El Camino Real.
The Project anticipates 11-15 deliveries per week during off-peak hours, with additional detail provided in Appendix F.
ATTACHMENT 16
217
Jorden Segraves
January 17, 2025