CCP 07-24-2007 - Laserfiche WebLink

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?pprov?d applicants have determined this proposed PUD amendment is necessary in order to gain development in the a in a timely manner. Motion by Baker, second by O'Brien to CLOSE THE PUBLIC HEARING. 6 ayes, 0 nays. MOTION CARRIED. O'Keefe asked staff if they could explain the financial impacts of this reduction. Gundlach replied that she could provide financial spread sheets that explain the impact of the reduction, but is not comfortable giving the Commission any numbers since she has not been included in those meetings. Zisla questioned if the land that is labeled City property is un-build able. Gundlach replied that it is not un- build able, but is it cost prohibitive to construct on it. The land is being considered by the Park's Commission and may become passive open space. Mann inquired if the buildings will be rental or owner based property. Gundlach replied that it is all owner occupied. Zisla asked to hear from the applicant on how this new plan is responding to the market. Theresa Greenfield, Director of Land Development for Rottlund Homes, stated that the intent of the new plan is to respect the first. PUD, but to redesign the site without the eight acres that are un-build able. They have included a mix of housing units that will hopefully sell quickly, even in this market. The City has stressed that it wants to maintain the value and the developers have worked cooperatively with the Council to come up with a plan that they can sell. Zisla asked how they adjusted the price points. Greenfield stated they have not adjusted the price mt, but have added a wide variety of product at different price points and values which will be maintained as y were proposed last fall. O'Brien asked if the removal of the condominiums is a response to the market. Greenfield stated that the removal of the condos was done to help balance the town homes versus condominiums for marketability of the site. Zisla asked what has changed with the products besides the names. Greenfield replied that some of the facades were upgraded to an urban look. O'Keefe asked staff for an update on the Old Highway 8 project. Gundlach replied that Council accepted a bid for the project at their last meeting. There was a pre-con meeting earlier in the week and construction should begin very soon. Motion by O'Brien, second by Schiferl to move staff's recommendation for APPROVAL OF PUD2007-005 SUBJECT TO THE FOLLOWING: 1. Compliance with Resolution #06-085 2. A PUD Amendment must be processed for Tract 2. 3. Any other changes to the plan require review and approval of a PUD amendment in accordance with Zoning Code Sections 7-220 and 7-250. 6 ayes, 0 nays. MOTION CARRIED. Oblic Hearing: SP2007-006, PUD2007-006, LP2007-007 Special Use Permit, Planned Unit Development and Site Plan Review in Order to Develop the Remaining Vacant Site at Main Street Village. Page 6 of 9