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ORDINANCE NO. 1704 SERIES 2015 AN ORDINANCE APPROVING A REZONING OF A 4.39 -ACRE PARCEL OF LAND LOCATED AT 1100 GRIFFITH STREET, 1331 CANNON STREET, AND 1301 COURTESY ROAD FROM CITY OF LOUISVILLE INDUSTRIAL (I) ZONING TO CITY OF LOUISVILLE COMMERCIAL COMMUNITY (CC) AND CITY OF LOUISVILLE MIXED -USE RESIDENTIAL (MU -R). WHEREAS, BOOM, LLC is the owner of certain real property totaling approximately 4.39 acres, which property is designated as a portion of the Louisville Trade Center, Industrial Area and Caledonia Place subdivisions, is within the Highway 42 Revitalization Area and the legal description of which is attached hereto as Exhibit A (the "Property"); and WHEREAS, the landowner of said property has submitted to the City Council of the City of Louisville a request to approve a rezoning of the Property from Industrial (I) to Commercial Community (CC) and Mixed -Use Residential (MU -R); and WHEREAS, the Louisville Planning Commission has held a public hearing on the proposed rezoning and has forwarded a recommendation to the City Council to approve the rezoning, and the City Council has duly considered the Commission's recommendation; and WHEREAS, the City Staff and Louisville Planning Commission have reviewed the proposed rezoning and found it to comply with the comprehensive plan, Louisville zoning regulations and other applicable sections of the Louisville Municipal Code; and WHEREAS, the City Council finds the request complies with the Highway 42 Revitalization Area Land Use Plan Exhibit referenced in Section 17.14.090 of the Louisville Municipal Code; and WHEREAS, the City Council has held a public hearing on the proposed rezoning and has provided notice of the public hearing as provided by law; and WHEREAS, no protests were received by the City pursuant to C.R.S. § 31 -23 -305; and ' WHEREAS, the Commercial Community (CC) and Mixed -Use Residential (MU -R) zoning classification for the Property are consistent with the City of Louisville comprehensive plan, Louisville zoning regulations and other applicable sections of the Louisville Municipal Code. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCLL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. Pursuant to the zoning ordinances of the City, that certain Property located at 1100 Griffith Street, 1331 Cannon Street, and 1301 Courtesy Road within the Highway 42 Revitalization Area and legally described on Exhibit A, attached hereto and incorporated herein by reference, is hereby zoned from City of Louisville Industrial (I) to City of Louisville Commercial Ordinance No.1704, Series 2015 Page i of 4