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Middle Plaza at 500 El Camino Real project

From: domainremoved <Betsy>
Date: Tue, 29 Aug 2017 11:37:18 -0700

Dear City Council Members,
>The proposed term sheet for the Stanford development at 500 El Camino Real shows Stanford making payments to the MPAEF. Why is only that school district supported, and not Menlo-Atherton High School’s Foundation for the Future as well? We applaud the recommendation to extend the term to 15 years but why is it not permanent since we believe the intent is to offset missing property taxes? Please think about the schools’ future.

3. Menlo Park-Atherton Education Foundation
The applicant is proposing to pay $100,000 per year to the Menlo Park-Atherton Education Foundation over 10 years, totaling $1,000,000. The subcommittee recommends the term of the annual payments be extended for five years, to total $1,500,000 over 15 years.

>The location of the pedestrian-bike crossing is most useful when lined up with Burgess Drive. An underpass is vastly superior to an overpass. And a multi-use path along the railway is essential.
>This Development Agreement term sheet process seems unduly rushed. We're sure the subcommittee has been doing a good job in its communications with Stanford, but still it lacks much public input on values and priorities.
>Finally we strongly support the input from Diane Bailey (Menlo Spark):
"We recommend the following specific improvements to this extensive project:

1. Meet recently adopted Green Building Standards: The Middle Plaza proposal should meet the environmental standards of the recently adopted zoning regulation update for the Bayfront (M2) area, including, but not limited to, renewable energy, electric car charging, water conservation, and zero waste policies.
2. Provide a comprehensive TDM program: Middle Plaza should employ all potential measures available to minimize the increase in vehicle trips from the project by incentivizing alternative travel methods, including charging for parking, transit passes for all site occupants (workers and residents), and ensuring a high-quality bike and pedestrian (multi-use) path along the development.
3. Support Menlo Park’s designation as a Tree City: The project should landscape all areas except for surface parking considered critical, with the remainder of parking underground."

Betsy and Horace Nash
Menlo Park residents
Received on Tue Aug 29 2017 - 11:39:28 PDT

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