2/6/1985 - Laserfiche WebLink

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M granted a rezoning of their 25 acre tract west of AIA to 6 units per acre. Attorney Caldwell emphasized the County's site plan requirements are extensive, and the developer has spent over $250,000 in the last year or so, and has worked very intensely with staff for the last 9 months. The site plan was filed by the owner/developer one week prior to the first moratorium resolution and he believed there was another site plan filed by someone holding an option on the Nutt property. He urged the Board to consider the vesting argument in re to the Orchid Island Club. He believed that it may well be that the expansion of the North Beach Water Company is viable because of the purchase of water taps. Commissioner Scurlock asked Attorney Caldwell if a decision were rendered in Orchid Island Club's favor, were they talking about beginning construction and carrying the project through to completion? Attorney Caldwell felt their intent is to have a model ready for marketing this coming season. Commissioner Scurlock noted that they could wait till June or July to start construction and still have time to have a model in place for next season which would give them an opportunity to see the results of the transportation analysis. Attorney Caldwell stressed that the owners of north beach properties are trying to convince the Board that they have vested rights and that if the State came along and tried to take them away, they would be paying for.the dimunition in the value of the real estate. He further stressed that if staff had processed the site plan application and if the moratorium resolution had not been adopted, the site plan would have been through by now. Attorney Brandenburg understood that the site plan takes the density from the west and brings it up to 12 units per acre on the ocean, but Attorney Caldwell pointed out that was done with the County's participation and not at the last hour before the moratorium. 49 FEB 6 1985 BOOK �9 P; OF 7119