Rezone 11-acre vacant lot at Marina Bay for 208 townhouses

To adopt the Mitigated Negative Declaration and Mitigation Monitoring and Reporting Program, and reverse the Planning Commissions' recommendation to deny the requested General Plan Amendment and rezoning application to allow development of 208 town homes at 1689 Regatta Boulevard

To approve the project, delete the $1.75 million dollar contribution to a temporary bypass road, and add a condition for a contribution of $5 million dollars towards an overpass

To approve the project and double the amount of the contribution by the applicant to $3.5 million toward the acquisition and/or construction of an overpass road; the developer will establish at least a four-crossing quiet zone at Marina Bay. The Developer has offered $250,000 for the quiet zone; and any money left over would go towards the overpass; the developer agrees to eliminate the Marina Bay exit unless it can be shown that it does not interfere with the grade separation project

To concur with the decision of the Planning Commission

To adopt the Mitigated Negative Declaration and Mitigation Monitoring and Reporting Program, and concur with the recommended decision of the Planning Commission to deny the General Plan Amendment and Rezoning application to allow development of 208 town homes at 1689 Regatta Boulevard based on the Commission's findings as stated in Planning Commission Resolution 05-10