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1 \1111\ 111\1 \111\1 11\\11\1111 \\11111111 III 1111\ \111 \111 ~~~~f:~~9P Boulder County Clerk, CO RESOLUTION R 11.00 0 0.00 RESOLUTION NO. 22 SERIES 2004 A RESOLUTION APPROVING A SPECIAL REVIEW USE AND AMENDED FINAL PUD FOR A 66-UNIT RESIDENTIAL CONDOMINIUM PROJECT ON LOT 1, CENTENNIAL PAVILION SUBDIVISION (CENTENNIAL PAVILION LOFTS) WHEREAS, there has been submitted to the Louisville City Council, a request for approval of a special review use (SRU) and amended final planned unit development (PUD) development plan for a 66-unit residential condominium project on Lot 1, Centennial Pavilion Subdivision; and, WHEREAS, all materials related to the SRU and PUD have been reviewed by City Staff and the Planning Commission and have been found to comply with Chapter 17 of the LMC, including the SRU criteria listed in Section 17.40.100, the Commercial Development Design Standards and Guidelines and the City's 1989 Comprehensive Plan Update; and, WHEREAS, after a duly noticed public hearings on February 10,2004, February 19, 2004, and March 9, 2004, where evidence and testimony were entered into the record, including the findings in the Louisville Planning Commission Staff Report of February 10, 2004, February 19,2004, and March 9, 2004 the Planning Commission recommended approval to the City Council, with one condition; and, WHEREAS, City Council has reviE~wed the application, including the recommendation of the Planning Commission and finds that the application should be approved, with the following conditions: 1. The applicant shall pay an additional public use dedication fee to be based on the difference between a 12 and 15 percent dedication requirement for this quadrant of the property. Fee shall be established prior to recording of the PUDISRU plans and shall be paid prior to the issuance of the first building permit for any residential units on this property. 2. Prior to recording of the PUD, the Owner shall enter into an agreement with the City of Louisville to formalize Owner's commitment to make seven units within the development affordable housing pursuant to an 80 percent or less of median income earning criteria. NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Louisville, Colorado does hereby approve a special review use and amended final PUD development plan application for Centennial Pavilion Lofts on Lot 1, Centennial Pavilion Subdivision, subject to the above conditions. PASSED AND ADOPTED this 1st day of June 2004. 1 LO~ 149