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TO: The Honorable Board of <br />County Commissioners <br />DATE: June 25, 1982 <br />THROUGH: C. B. Hardin, Jr., Ph.D. <br />Acting County Administrator <br />SUBJECT: <br />DEPARTMENT HEAD CONCURRENCE: <br />' r <br />Patrick Bruce King <br />OLS e_� <br />FILE: <br />IRC -80 -SP -129,#634 <br />EXTENSION OF SITE PLAN <br />APPROVAL FOR INDIAN LAKES <br />CONDOMINIUMS <br />FROM: Art Challacombe REFERENCES: Letter from Bryon T. Cooksey <br />Planning Division Mgr, to Patrick Bruce King, <br />dated June 24, 1982. <br />DESCRIPTION AND CONDITIONS: <br />On July 23,-1982, the subject site plan received approval <br />from the Planning and Zoning Commission. <br />Indian Lakes Condominiums is a proposed 198 multi -family <br />development on 17.5 acres. The density is 11.3 units/acre. <br />The reasons given for the request for a six month extension <br />of site plan approval are: <br />1) "Adverse econcomic conditions." <br />2) "High interest notes in the construction loan <br />industry." <br />ANALYSIS: <br />Site plan approval terminates after one year if construction <br />of the approved plan has not begun. Extensions may be granted <br />by the Board of County Commissioners at its discretion. <br />The site of the proposed multi -family development is designated <br />LD -2 (up to 6 units/acre) in the Comprehensive Plan. The <br />proposed development exceeds this density, however, the Compre- <br />hensive Plan states, "Projects which have received site plan <br />or subdivision approval at the date of adoption of this Plan <br />shall be considered in conformity with the Plan." In addition, <br />the proposed development met the regulations which were in <br />effect at the time of site plan approval. The site is zoned <br />R-3, Multi -Family Residential (15 units/acre). <br />RECOMMENDATION: <br />Staff recommends approval of the request for a six month ex- <br />tension -for Indian Lakes Condominiums. <br />J U L 7 1992 <br />MOTION was made by Commissioner Lyons, <br />SECONDED by Commissioner Wodtke, that the <br />Board approve the request for a six month <br />extension of the site plan approval for <br />Indian Lakes Condominiums. <br />13 <br />