Consistent with the provisions of the General Plan, the West Downtown Specific Plan, the North Downtown Specific Plan, and the Community Benefits Program, this article is intended to provide an implementation mechanism whereby new development may be leveraged to provide community benefits, such as public infrastructure improvements, public and private open space, shared auto dealership parking, an upper upscale hotel, a neighborhood grocery store and other amenities that would serve the public and which could not be provided through public funding alone. This mechanism provides for developers to submit proposals for a community benefit agreement that is considered and approved by either the Planning Commission or the City Council, thereby enabling developers to rely on such agreement and to provide guidance for benefits desired by the City and the value of development bonus(es) in exchange for such benefits.
(§ 17, Ord. 2209, eff. 3/19/2021)