B. 23-1052 PLANNING APPLICATION NO. PA-230516; ADDRESS: 27525 NORRIS CENTER DRIVE, ROLLING HILLS ESTATES; APPLICANT: RYAN ASH ON BEHALF OF VESTAR; DESCRIPTION: Consideration of a Precise Plan of Design, a Commercial District Mixed-Use Development Permit, and a Development Agreement for a 90-unit apartment project on a 2-acre site in the Peninsula Shopping Center. The Project was reviewed in accordance with the California Environmental Quality Act (Public Resources Code §21000 and following: "CEQA") and the State CEQA Guidelines (14 CCR §15000 and following). The City has prepared an Addendum to the City's 2040 General Plan Environmental Impact Report (GP EIR, SCH No. 2021050450) (Attachment A), finding that none of the conditions/circumstances warranting greater subsequent or supplemental review, as outlined in Public Resources Code §21166 and CEQA Guidelines §15162, are present. Memorandum from: Whitney Berry, Senior Planner Recommendation: Staff recommends that the Planning Commission 1) Open the Public Hearing; 2) Take public testimony; 3) Discuss the issues; 4) Close the Public Hearing; and 5) Adopt Resolution No. PA-230516, recommending the City Council approve a Commercial District Mixed-Use Development Permit (MUD-230517), approve a Precise Plan of Design (PPD-240299), adopt Ordinance No. 750 to enter into a Development Agreement (DA-240243) with the Applicant, and adopt the Addendum to the 2040 General Plan Environmental Impact Report (SCH No. 2021050450).