CC Resolution No. 6057�q-
<I'Sin.nrloN No. 605)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AMENDING "Fill; TR\FFtC INTENSITY PERF0P,FIANCE STANDARDS
1'OI.ICY MANUAL ADOPTEM IN .IDLY 1977
WHERI(AS. the City Council has determined that transfer of traffic
Intensities (TRIPS) between the Stevens Creek Boulevard area and the
North De Anza Boulevard area, as defined in the Policy Manual, is consistent
With the overall traffic policies for the community;
NOW, FHEREFORE, BE IT RESOLVED:
That the (.itv Council of the City of Cupertino has determined that this
I'oltry Manuel shall be amended in the following, manner:
So, tlu1 III(B): Buying,, Selling and Transferring Trips shall be amended
h} ,limin„tins; the sentences as set forth on the attachment labeled Exhibit A.
PASSED AND ADOPTED at a regular meeting; of the City Council of the City
of Cupertino this ISth day of Mprrh 1983. by the following vote:
Vote Members of the City Council
AYES: Johnson, Plungv, Rogers, Catto
NOES: Sparks
ABSi:T: None
ABSTAIN: None
ATFI.ST:
city Clerk
APPROVED:
D96 /'I- i
vor, itv of Cuper.ino.
,,, r
3. 3uving, Selliag.ad Transferring Trios t6���pi1������
In the event the development does not utilize a full 16 trips per acre
allotted by the Traffic Intensity Performance Standard, the owner of
record shall have the ability to either retain, sell or crausfer trips
with ocher property owners within the North De an=a Boulevard and Stevens
Creek Boulevard study area, subject to approval by the Planning Commission
and .City Council. 4ri�s-t� nac-be-ti$-aatsi�e o€-c4e-area-YrE ortgta-
That-ls,--pr-0F2Fty-ewnere-ar-e-no-e-pe ar{ed c�-eFaester-tti -€Fen-�} ;;ort�t
B e -,in ra--$otrlcvard-arc¢-: a--cite-�reveaa-Esrcjr�ocrlev ard--area-or-vice-yersr.
All sales, transfers of trips shall be filed with the Planning Director and
City Clerk. No sale or transfer shall be finally consu=ated until a use
permit has been approved for the property to which the trips are to be
applied. The applicant shall record a covenant to descri5 a the trip end
constraint and the total number of trips allocated to the particular develop-
ment at the time of the development approval. The covenant shall be worded
in a manner to suggest that the future purchaser of properties consult the
City files, conceptual zoning file and individual use permit files to obtain
an up-to-date status report of the total nL=ber of trips allocated to each
particular property. The applicant shall submit documentation from the
seller of trips identified above indicating that trips have been transferred
to the applicant. The impact of a sale or transfer of trips on all properties
involved shall be evaluated proir to approval by the Planning Ccmmission or
City Council. Transfers which significantly reduce the future viability or
options for future uses will not be approved.
`4onitoring Activities
The City shall reserve the right to review compliance with the Traffic
Intensity Performance Standard at any time following development of a site
or initiation of a new use. Should the City determine that the constraint
is exceeded, the City may impose additional measures to ensure compliance.