City Council Minutes 2006 08 15 - Laserfiche WebLink

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City Council Meeting Minutes August 15, 2006 Page 8 of 13 of 7:0 with eight conditions of approval. All conditions of approval related to structuring a new subdivision agreement which would secure the outstanding public improvements and public use dedication obligations as initially deferred by the City at the time of initial plat approval. It was acknowledged, in the absence of a PUD development plan that certain development requirements would have to be determined up on submittal of a PUD development plan. The following is included in the Clementine Filing NO.2 Subdivision Agreement: Density Limitation; Public Use Dedication; Drainage Requirement; and Street Improvement Recovery. Resolution No. 38, Series 2006 is forwarded without condition. Mayor Sisk requested an Applicant presentation. Rex Olson, Olson Studio, 700 Front Street, Louisville, CO stated this was an unusual project, going forward with a subdivision agreement with no PUD in place. Fortunately they have worked through this with the Planning Division Staff and the City Attorney. He stated he did not have a formal presentation, but looked forward to proceeding with this project. City Attorney Light explained the property owner is City employee, Chief Building Official Mike Jones. He was advised at the outset of the project that the Charter ethics code rules and regulations would be followed. Mayor Sisk asked Mr. Olson, as the applicant's representative, if he concurred with the City Attorney's statement. Mr. Olson confirmed he did. COUNCIL COMMENT Mayor Sisk asked for clarification on the response from the adjacent property owner, Mr. Randy Luallin. Planning Director Wood stated Mr. Luallin requested the density restriction on the property be eliminated. The subdivision agreement eliminates the density on Lot 1, but no action will be taken on Lot 2. City Attorney Light explained Lot 2 is not being processed with this application. He explained pursuant to the subdivision agreement there will be a cash-in-lieu of land dedication requirement for each lot prior to any permits being issued. He explained the final documents require information on the amount of the cash-in- lieu dedication. He asked Mr. Olson how it would be calculated. Mr. Olson stated the applicant proposes to have the property appraised as it exists today, and it was his understanding it would be based on square footage. Mayor Sisk suggested the City Manager be delegated the authority to negotiate the dollar amount for the cash-in-lieu dedication.