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Wanush explained thhat the applicant is requesting <br />the annexation of <~ two acre parcel located at 8330 <br />Cherry Street. ThEa Planning Commission reviewed the <br />annexation proposa]L and found it to be in compliance <br />with State statues and City ordinances. They <br />recommend that the Council approve the annexation <br />subject to the fol]Lowing conditions: 1) the parcel <br />be developed under a single PUD; 2) the development <br />be consistent and compatible with surrounding <br />development guidelines; 3) all water rights be <br />dedicated; 4) 12$ of the land be dedicated or cash <br />in lieu (Wanush recommended cash in lieu since <br />there is no foreseeable use for public land on that <br />2 acre site); and ~~) service expansion fees be paid. <br />Don Shonkwiler, McCormac Development, 720 Burbank, <br />Broomfield, stated that Wanush's presentation of the <br />request was complete. Mr. Shonkwiler reminded <br />Council that at they Louisville Futures Conference, <br />it was determined ghat a high priority was <br />affordable property for attracting businesses to <br />Louisville. Mr. Shonkwiler feels that this property <br />will offer that to the business community. <br />Mayor Fauson asked for anyone wishing to speak <br />either in favor of or in opposition to Ordinance <br />#930. None. <br />Mayor Fauson closed the public hearing and called <br />for a motion. <br />Mohr moved that Ordinance #930 be adopted on final <br />reading. Mayor Fauson seconded. By Roll Call Vote, <br />Ordinance #930 was adopted unanimously. <br />ORDINANCE #931 - ZONING - RICHMOND PROPERTY - <br />PUBLIC HEARING Rautenstraus read by title only Ordinance #931, "An <br />Ordinance amending Title 17 of the Louisville <br />Municipal Code entitled "Zoning" by zoning property <br />or approximately 2.~0 acres owned by Lynda K. <br />Richmond." Proper publication and notice of public <br />hearing were determined and Mayor Fauson opened the <br />public hearing. <br />Wanush stated that Council is being asked to zone <br />the property Commercial-Business (CB). The property <br />is surrounded on two sides by Homart's Parcel O, <br />their highest density Parcel. The Planning <br />Commission reviewed. this and recommends the CB <br />zoning. Wanush asked that his comments regarding <br />the Richmond annexation during the preceeding Agenda <br />Item be considered as part of the record for this <br />Agenda item. <br />2 <br />