City Council Minutes 2007 10 16 - Laserfiche WebLink

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City Council Meeting Minutes October 16, 2007 Page 7 of 15 ownership parcels located wE:st of Highway 42. The ownership group includes; RMCS (10.8 Acres), Lockett IE. Wood, and Robert and Janice Lorenz (18 Acres), Willis D. Hamm (32 Acres), and the Summit View Professional Park, LLC (3.3 Acres). All parcels within the proposed development are annexed to the City and are zoned City of Louisville Planned Community Zoned District (PCZD). The subject parcel is located in northeast Louisville, east of the Burlington North Santa Fe rail line, west of Collorado Highway 42, with approximately 700 linear feet of frontage of Highway 42. The applicants/owners is requesting authorization of the required land-use entitlements to combine four ownership parcels into one general development plan for the phased development of a residential and commercial development. The Takoda Village General Development Plan would 1) incorporate the Takoda Village General Developmeni~ Plan; 2) amend portions of the North Louisville General Development Plan and 3) incorporate Lot 3 of the Summit View Subdivision. The preliminary PUD is consistent with the General Development Plan in reflecting the distribution of housing products and the associated density of Planning Area. The PUD reflects four Planning Areas. The phasing plan reflects Planning Areas 2 and 3 are proposed as Phase I, following the commercial development in F'hase 1A. Planning Director Wood reviewed the projects' vehicle access and traffic impacts; public street standards; park:>; recreation; trails and open space; public-use dedication; housing, and 100 year regulatory floodplain. In review of the preliminary subdivision plat, the Staff focused on an analysis of the public-use dedication, the proposed street layout and associated street standards, and the requirements of the Louisville: Fire Protection District. The Planning Commission conducted public hearing on September 13, 2007 and October 11, 2007 and approved Resolution No. 23, Series 2007 with 12 conditions of approval. The <;onditions of approval are being forwarded in the Council Resolution No. 57, Series 2007. Mayor Sisk requested an Applicant presentation. Mr. Rick Brew, RMCS, LLC, 4535 N. Broadway, Boulder, CO, introduced his partners, David Waldner and Justin McClure. He reviewed the proposal and noted the Council and public comment were taken into consideration in the planning of this project. He explained 350 units are proposed in four phases. He reviewed the vehicle access .and traffic patterns, the traffic signal light when warranted; the parks, pocket parks and open space areas. He noted a concern expressed at public hearings was the density. The proposal has reduced the density of the project. He addressed the housing diversity. The least expensive home will be $200,000 for multi-unit housing, and the most expensive units will