Final Tract Map 38638 - Jamie Chapman, of Riverside Property Owner, LLC, to subdivide one parcel into two parcels, consisting of one parcel for the proposed residential apartment complex and one for the commercial retail development - A Resolution of the City Council of the City of Riverside, California, accepting the Final Map of Tract Map 38638 - Waive further reading - Accept agreement and sureties for installation and faithful performance of improvements and labor and material bonds - Northeast corrner of Streeter Avenue and Arlington Avenue (Ward 3)

The City Council is being asked to accept the Final Map of Parcel Map No. 38638, which will subdivide a 17.37-acre parcel at the northeast corner of Streeter Avenue and Arlington Avenue into two parcels. One parcel is designated for a residential apartment complex, and the other for commercial retail development. This action follows the City Council's approval of project-related entitlements, including the Tentative Parcel Map, on June 25, 2024. The developer, Riverside Property Owner, LLC, has satisfied all conditions required for final map approval and recordation, as confirmed by various city departments. The project previously involved a General Plan Amendment to change the land use designation to Mixed Use-Village and a Zoning Code Amendment to rezone the site to Mixed Use-Village. The acceptance of the final map does not have a direct fiscal impact.