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JAR 2 9 1996, BOOK 3'Frt R ,Ur. that are already zoned commercial and being converted to CN from the 18 -month requirement for commencement of construction. Mr. Shearer explained that the purpose of the 18 -month provision is to stop speculation p p tion and give someone else an p opportunity to apply for a neighborhood node in that area as there is a provision that neighborhood nodes must be one mile apart. He explained that CN is more restrictive than CL and is the only category with the time restriction; the reason for that is the 1 -mile separation restriction. Mr. Sorensen stressed that CL is closer to what they have now under C -1A, but Chairman Scurlock believed they were given C -1A because the Board felt they were going to do something with the property. Mr. Shearer explained that when this was designated as a neighborhood commercial node, the closest zoning district was the C -1A, but staff had always anticipated that this would be rezoned to CN as soon as the zoning category became available. Currently there are 3 neighborhood commercial nodes on SR -60 zoned C -1A, and staff is recommending that all 3 of them be converted to CN. The nodes are all 3 acres in size. If they do not go ahead and use them in 18 months from today, they will lose them; one of them, however, is already under construction. Mr. Sorensen stated he was happy his property was included in the node, but felt the 18 -month timeframe was too restrictive and placed a tremendous burden on the developer. He did not believe any financial institutions would make loan commitments nor would individuals sign lease agreements when there is a cloud over the property. While Commissioner Bird felt that we should go ahead tonight and rezone that parcel to CN, he agreed that we need to take a look at the 18 -month period and also direct staff to look at speeding up the permitting process. 8