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rights assigned to all parcels of land proposed <br /> tor annexation be transferred 10 the City' at t:hiF <br /> time of annexation. The proposed revieloh <br /> provides for the Council to decide the timing et <br /> the transfer of the water rights and if It is more <br /> desirable than a (:ash-in--lieu payment. A cash <br /> payment may enable the City to acquire water <br /> rights of a higher quality than could be obtained <br /> from the dedication requirement . <br /> Mayor Fauson closed the public hearing and called <br /> for a motion. <br /> Perrera moved and Mayor Fauaon seconded to adopt 4 ,. <br /> Ordinance *910, Series 1988. By Roil Call Vote, .,,. <br /> Ordinance P970, Series 1988 was adopted 7-0. ' <br /> ,•.+: , - <br /> (t$S4Ul?i0N s41 - V,RI,LBY mpg - <br /> PUD It oo ti��a ei�laioed that this Renoleti * w s to ; <br /> in its entirety at Councils October i■ Rat iced <br /> and was tabled until this evening to permit th* <br /> applicant and staff to establish a phasing pia <br /> for private landscaping. <br /> This Resolution is requested by Lee Architects, on <br /> behalf of Cornerstone Management Group, LTD as <br /> approval of a final PUD for a 180 unit apartment <br /> complex. The proposed apartment complex is <br /> located i <br /> t in Centennial Valley Parcel '0" and <br /> 9h building and private amenities. <br /> Planning Commission reviewed and recommended <br /> approval of the final PUD for Cornerstone's ISO <br /> unit apartment complex. <br /> Larry Heddinq, 301 S. Taft Court, asked to speak <br /> to this issue and presented a written request <br /> asking Council to deny the request for final PUD. <br /> (The letter will become Attachment A to the <br /> minutes. ) <br /> Three Qentlwmen, residents of Boulder and <br /> Longmont, stated that they owned apartment <br /> complexes in the City of Louisville and felt the <br /> needs of the City, and the needs of people in this <br /> particular income bracket, were currently betny <br /> met by the these properties they own. Mother <br /> issue raised that of a high vacancy rates in <br /> existing apartment complexes and their concern of <br /> what the impact might be of 180 additional units. <br /> Franklin detailed the phasing plan stating that <br /> the landscaping improvements along Dillon Road, <br /> and the amenities package (the community roam, <br /> swimming pool, tennis courts and a significant <br /> .armcunt of landscaping and detention facilities, <br /> 4 <br />