City Council Minutes 2007 05 15 - Laserfiche WebLink

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City Council Meeting Minutes May 15, 2007 Page 6 of 13 Mayor Sisk requested a City Attorney introduction. City Attorney Light read Ordinances Nos. 1516 and 1517, Series 2007. Mayor Sisk opened the public: hearing and requested a Staff presentation. Planning Director Wood explained Ordinance No. 1516, Series 2007 would annex to the City of Louisville a 32.40 acre enclave parcel. The subject property is owned by Willis D. Hamm and represented by Rick Brew and Dave Waldner, of RMCS, LLC. Ordinance No.1517, Series 2007 would zone the parcel to City of Louisville as Planned Community Zoned District (PCZD). The proposed Takoda General Development Plan (GDP) reflects the planning area to be an enclave located on the west side of State Highway 42 with approximately 377 linear feet of frontage on Highway 42. The Takoda Annexation Agreement was E!xecuted by Mr. Hamm and reflects there are no shares of any mutual ditch company stock or other water rights appurtenant to the property. The GDP functions to define the respective street system, planning area, character and density of a respective development. Included for review in the second reading of Ordinance No. 1517, Series 2007 was a land use table reflecting the joining entitlements of surrounding properties, and a Fiscal Impact Analysis prepared by Economic & Planning Systems. Parcels A and B correspond 1[0 the Wood-Lorenz Property, which separates the Takoda Annexation parcel from the City of Louisville's northerly boundary. Parcel A carries a residential entitlement of 130 multi-family units. The map exhibit reflects the majority of those 'entitled units are multifamily carrying a density of 18 dwelling units per acre. The parcel is comprised of tvvo planning areas as divided by the north/south collector street. Planning ArE~a #1 is 7.11 acres in area and will have frontage on both the proposed collector to the west and Highway 42 to the east. The Planning Area proposes a mix of commercial retail, commercial office and residential land uses. Planning Area #2, located between the proposed north/south collector road and the BNSF railroad tracks, is ~~2.95 acres in area. Land use in this planning area would be primarily residentiall as well as those permitted uses under the PCZD- Residential zoning category. The GDP requests a total of 50 residential units. The combined request for Planning Areas #1 and #2 are for a total of 60 residential units. The parcel is located within Opportunity Area #1 as depicted on the Framework Plan Map of the adopted Citywide Comprehensive Plan received a residential allocation of 752 units. The majority of those units were entitled through the