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Investor Presentaiton

Regulatory Framework History 2000 GUP: Based on EIR mitigations - Stanford to provide historical significance assessment for 50 year or older buildings, including San Juan District 2001: Zoning Change from A1, A1-sr, A1-20s, A1-20s-sr, R1E-10, R1E-10-sr and R1 to R1S, R1S, R3S and R3S-sr. Zoning change did not change the requirements of the GUP EIR mitigation measures or GUP conditions applicable to cultural resources. 2001-2014: Countywide demolition permits required a full historical assessment of buildings 50 years or older at discretion of DPD. 2014: Review of Countywide procedures changed. Only required historical assessment/Landmark Alteration Permit application for properties on the HRI or Landmark list. 2018: 2018 Stanford GUP EIR was not certified; hence 2000 GUP conditions are still in effect. 2020: Responding to questions from CSG members, Department evaluated processes and determined that 2000 GUP conditions still apply to the San Juan District. Today: Any proposed projects on buildings 50 years or older will need a historic assessment to determine if it should be added to HRI list. 5
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