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By April 30,, 2011, the City shall initiate a process to evaluate the land use category of <br />"University or College "to better define which uses are permitted outright. In preparing <br />the report, city staff shall consult with representatives of the Fairmount Neighbors Asso- <br />ciation and the University of Oregon. This study shall be completed by October 30, 2012. <br />The neighborhood is also interested in remaining an active participant in the walnut Station <br />Specific Area Plan as they have been in the Fairmount/University of Oregon Special Area Study. <br />Any future amendments to this plan will necessarily involve the neighborhood. However, it <br />was important to the neighborhood that the following policy from the Fairmount/University of <br />Oregon Special Area Study be included here. This policy is adopted in this Plan: <br />The City shall encourage applicants who desire amendments to this plan to involve the <br />collaboration of the City and the Fairmount Neighborhood in the review and revision <br />process. <br />Considerable efforts and analysis went into crafting a form based code that would address con- <br />cerns as dicsussed herein, but it is recognized that this is a new tool and there has been some <br />concern about applying a new tool without knowing exactly what the development impacts may <br />be. The local chapter of the Americal Institute of Architects (AIA -SWO) did a peer -- review of the <br />form based code by applying the draft code to a number of different types of projects to a variety <br />of sites within walnut Station and generally found that the code functions well. However, there <br />will likely be minor tweaks and edits to the code to improve it once it has been in effect for a pe- <br />riod of time. To ensure that review and amendments, if necessary, will occur, the following policy <br />is adopted in this plan: <br />After three years or 50,000 square feet of development (cumulatively) has been ap- <br />proved, whichever comes first, staff will provide a report to the Planning Commission <br />regarding the status of development in the Walnut Station mixed use center and the <br />potential impacts from the reduced parking allowances. <br />Parking <br />Parking requirements significantly <br />impact the way an area builds out. <br />Appropriate parking requirements <br />can be one of the most significant <br />elements in creating walkable <br />communities. Too much parking <br />restricts the amount of land that <br />can be devoted to restaurants, re- <br />tail spaces, offices, and residences. <br />Parking facilities are expensive to <br />construct, impose environmental <br />costs, contradict objectives for <br />more livable and walkable com- <br />munities, and tend to increase <br />driving and discourage use of <br />alternative modes. Parking re- <br />quirements also impact housing <br />affordability, congestion, air and <br />water pollution. <br />Inadequate parking supply also <br />causes problems including frustrating users and increasing the potential for spillover impacts into <br />adjacent neighborhoods. For this reason, it is not enough to simply reduce or eliminate parking <br />requirements without looking closely at the impacts, and creating a program to adequately ad- <br />24 <br />