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RESOLUTION NO. 33 SERIES 2014 A RESOLUTION APPROVING A SPECIAL REVIEW USE (SRU) FINAL PLANNED UNIT DEVELOPMENT (PUD), AND RE -PLAT FOR PHASE 1 AND PHASE 1A OF A 14.13 ACRE REDEVELOPMENT WITHIN THE CORE PROJECT AREA OF THE HIGHWAY 42 REVITALIZATION DISTRICT — DELO PROJECT PHASE 1, SOUTHWEST CORNER OF GRIFFITH STREET AND CANNON STREET WHEREAS, there has been submitted to the Louisville City Council an application for approval of an Special Review Use (SRU), Final Planned Unit Development (PUD), and re -plat for Phase 1 and Phase 1A of a 14.13 acre redevelopment within the core project area of the HWY 42 Revitalization District. The project will be developed to include a diversity of housing products, civic spaces, urban plazas, streetscapes and commercial opportunities, formally known as DELO; 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, 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 May 8, 2014, where evidence and testimony were entered into the record, including the findings in the Louisville Planning Commission Staff Report dated May 8, 2014, the City of Louisville Planning Commission approved a resolution to forward a recommendation of approval, with conditions to the City Council; and, WHEREAS, City Council has reviewed the application, including the recommendation of the Planning Commission and finds that said final PUD development plan should be approved, subject to four conditions listed below. NOW THEREFORE, BE IT RESOLVED that the City Council of the City of Louisville, Colorado, based on the evidence and testimony presented at the hearings, does hereby approval of a Special Review Use (SRU) Final Planned Unit Development (PUD), and re -plat for Phase 1 and Phase 1A of a 14.13 acre redevelopment within the core project area of the HWY 42 Revitalization District. The project will be developed to include a diversity of housing products, civic spaces, urban plazas, streetscapes and commercial opportunities, formally known as DELO, with the following conditions: Resolution No. 33, Series 2014 Page 1 of 2