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RESOLUTION NO. 42 SERIES 2013 A RESOLUTION APPROVING A SPECIAL REVIEW USE (SRU), REZONING, PRELIMINARY SUBDIVISION PLAT, PRELIMINARY PLANNED UNIT DEVELOPMENT (PUD), AND AMENDMENTS TO CHAPTER 17.14 OF THE LOUISVILLE MUNICIPAL CODE FOR AN APPROXIMATE 14.18 ACRE PARCEL OF THE INDUSTRIAL AREA AND CALEDONIA PLACE SUBDIVISIONS. THE INTENT OF THE REQUEST IS TO DEVELOP THE PROPERTY WITH 244 RESIDENTIAL UNITS AND 12,000 SQUARE FEET OF COMMERCIAL SPACE WHEREAS, there has been submitted to the. Louisville City Council an application for approval of an SRU, rezoning, preliminary subdivision plat, preliminary planned unit development (PUD), and amendment to Chapter 17.14 of the Louisville Municipal Code (LMC) for an approximate 14.18 acre parcel of the Industrial Area and Caledonia Place subdivisions. The intent of the request is to develop the property with 244 residential units and 12,000 square feet of commercial space; and WHEREAS, the subject property is in the Highway 42 Revitalization Area; and WHEREAS, Section 17.14.020 of the LMC requires any property in the Highway 42 Revitalization Area be rezoned in conformance with the Land Use Plan incorporated as Exhibit A in LMC Chapter 17.14 before being developed or redeveloped; and WHEREAS, a change to the Land Use Plan (Exhibit A) is required to allow for a functional and efficient development; and WHEREAS, the modified Land Use Plan (Exhibit A) requires the existing Industrial (I) zoning to be rezoned to Mixed -Use Residential (MU -R); and WHEREAS, the ground floor residential along Cannon Street requires a special review use permit and staff has found the request with conditions meets the five criteria established in Section 17.40.100 in the LMC; and WHEREAS, the City Staff has reviewed the information submitted and found it to comply with the LMC Sec. 16.12.030, Sec. 17.14.090, Sec. 17.28.170; and Sec. 17.40.100; and WHEREAS, after a duly noticed public hearing on August 20, 2013 where evidence and testimony were entered into the record, including the findings in the Louisville City Council Staff Report dated August 20, 2013, the City Council finds the DELO SRU, Rezoning, Preliminary Subdivision Plat, Preliminary PUD Plan, and LMC amendments should be approved with specific conditions. NOW THEREFORE, BE IT RESOLVED that the City Council of the City of Louisville, Colorado does hereby approves an SRU, Rezoning, Preliminary Subdivision Plat, Resolution No. 42, Series 2013 Page iof4