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CC 07-01-2025 Item No. 12 SummerHill Townhome Project_Supplemental ReportCC 07-1-2025 Item No. 12 Public Hearing Townhome Development Supplemental Report CITY COUNCIL STAFF REPORT SUPPLEMENTAL 1 Meeting: July 1, 2025 Agenda Item #12 Subject Consider a Development Permit, Use Permit, Tentative Map, Architectural and Site Approval, and Tree Removal Permit to consider the construction of a 59-unit townhome condominium development. The project utilizes Senate Bill 330 and provisions of State Density Bonus law. (Application No(s): DP-2024-002, U-2024-007, TM-2024-001, ASA2024-005, TR-2024-024; Applicant(s): SummerHill Homes, LLC; Location: 20770, 20830, and 20840 Stevens Creek Blvd; APNs: 359-08-025, -026, -027, and-028 (partial).) Recommended Action Adopt Resolution Nos 25-XXX through 25-XXX to: 1. Find the project exempt from the California Environmental Quality Act (CEQA); 2. Make the required findings of No Net Loss (SB 166); and 3. Approve the following permits: a. Development Permit (DP-2024- 002) (Attachment A); b. Use Permit (U-2024-007) (Attachment B); c. Architectural & Site Approval Permit (ASA-2024-005) (Attachment C); d. Tentative Final Map (TM-2024-001) (Attachment D); and e. Tree Removal Permit (TR-2024-024) (Attachment E). Background: Staff’s responses to questions received from Councilmembers Staff received the following questions regarding Item #12: Q1: What is the estimated increased property tax that would result from the Summerhill development? Staff Response: As of Fiscal Year 2024-25, the City received $5,004.26 in property taxes from this site. Attachment K, page 13 shows estimated increased property taxes to the City at $75,360 for the 1% base property tax. 2 Q2: What is the potential approximate revenue that would be generated by the number of new residents of the proposed SummerHill development spending locally? Staff Response: This information can be found on page 12 of attachment K, Table 4-a Sales Tax Estimate, estimated at $10,149. Q3: What is the retail square footage and sales tax revenue loss estimated for this project? Staff Response: Potential loss of retail sq footage: 29,268 SF Potential loss of sales tax: Sales tax average over 7 years with all 3 business at the site combined was $21,085 annually.