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SEP 1 1981 Page Two Mr. Patrick Q. Lyons August 17, 1981 $Ott( 4 7 Put V 7 that plan. Subsequent to the adoption of that Comprehensive Plan, construction in The Moorings has proceeded according to our original scheme and in line with that Plan. We have developed Unit 4 and Unit 5 as single-family neighborhoods, built four condominiums as contemplated, and have begun the development of our commercial prop- erty with the construction of a sales office, yacht basin, and admin- istrative office building. Relying upon the County's 1975 Comprehensive Plan, and in ac- cordance with our original design, The Moorings has been preparing plans for the development of our remaining parcels of land. We have performed market studies and land use analyses to help assure the proper utilization of lot 55 in Unit 1 and lots 57 and 119 in Unit 2 and have progressed to the final stages of planning multi -family housing on both lots 55 and 119. Rather than rushing to submit hastily -conceived and ill-prepared plans for site plan review, however, we have proceeded in our usual methodical and carefully -studied manner to develop our plans for official consideration. These plans are now virtually ready for submission. THE MOORINGS' COMMERCIAL PROPERTY Some time ago local financial institutions began discussions with us about the possibility of their locating branch offices in our com- mercial development projected for lots 56 and 57 in Unit 2. We, there- fore, employed the services of a planning/architectural firm to propose a site design for that area. EFFECT ON THE MOORINGS OF LAND USE PLAN IN PRESENT FORM Now, the proposed Comprehensive Land Use Plan would appear to be penalizing us for our deliberate and thoughtful development. Although commercial services are mandated for a project when there is sufficient client base, and although we have planned from the beginning of our development to incorporate a commercial area, we find that the proposed Plan does not contemplate nor designate a commercial area in The Moorings as did the 1975 Plan. The size of the so-called "neighborhood com- mercial" areas permitted in LD -1 is smaller than our combined commercial parcels, and the use contemplated for that designation does not coincide with the use we had planned. A designation of "community commercial", however, would satisfy our needs both for size and usage. In addition, the Plan seems to deny us the possibility of constructing multi -family housing on our remaining large parcels. Despite the fact that we are developing at approximately two units/acre, when one considers the total land area of The Moorings, the language of the proposed Comprehensive Land Use Plan does not permit that consideration. We could not, there- fore, build the units we propose for lots 55 and 119 within the para- meters of the LD1 designation.