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HomeMy WebLinkAbout87-163 - Civic Plaza Transfer to Fashion IslandRESOLUTION NO. 87 -163 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING A TRANSFER OF ALLOWED DEVELOPMENT FROM CIVIC PLAZA AND BLOCK 300 TO FASHION ISLAND IN NEWPORT CENTER • WHEREAS, as part of the development and implementation of the Newport Beach General Plan the land Use Element has been prepared; and WHEREAS, said element of the General Plan sets forth objectives, supporting policies and 'limitations for development in the City of Newport Beach; and WHEREAS, in General Plan Amendment 78 -2 (Resolution No. 9435), the City established the ability to transfer development allocations in Newport Center; and WHEREAS, said transfers may be approved so long as the traffic system is not adversely affected and that traffic generation, as it affects the major intersections during critical peak periods, does not exceed the capacities provided in the approved street development plan; and WHEREAS, a traffic analysis was prepared to assess the impact of the proposed transfer of development; and WHEREAS, the City of Newport Beach prepared an Environmental Impact Report (EIR) for the project in compliance with the California Environmental Quality Act (CEQA) and the State CEQA Guidelines; and WHEREAS, the Planning Commission has held a public hearing and recommended approval of the requested transfer of development rights to the City Council; and WHEREAS, the City Council has reviewed and considered the information contained in the EIR in making its decision on the proposed transfer of development within Newport Center. ' NOW, THEREFORE, BE IT RESOLVED by the City Council of the / City of Newport Beach that a transfer of 1350 theater seats from Civic Plaza and 350 theater seats from Block 300 to Fashion Island in Newport Center is approved. 1 • ADOPTED this 23rd day of November , 1987. ATTEST: PLT/WP WP \CC \GPCF- FI.RS1 Own 2