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• • 7.0. ISLAND VIEW PROPERTY DEVELOPMENT LTD. (HATALA) - REQUEST TO EXTEND SITE PLAN APPROVAL FOR MULTI -FAMILY PROJECT KNOWN AS ISLAND VIEW TO JUNE 14, 2003 The Board reviewed a Memorandum of June 24. 2002: TO: James E. Chandler; County Administrator DEMENT HEADD CONCURRENCE: .1L -C1/ ert M. Keating, AICP, C'ommunityevelopment Director . tS. THROUGH: Stan Boling, AICP; Planning Dire or FROM: Peter J. Radke; Senior Planner, Current Development t DATE: June 24, 2002 SUBJECT: Island View Property Development Ltd.'s Request for Extension of Site Plan Approval for a Multi -Family Project known as Island View SP -MA -O1-07-50 / 2001030063-26912 It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of July 2, 2002. DESCRIPTION & CONDITIONS: On June 14, 2001, the Planning and Zoning Commission granted conditional major site plan approval to construct an SA -unit multi -family condominium complex located on the east side of U.S. Highway #1, just noit'1 of 97°i Lane. The current expiration date of the sitc pian approval is June 14, 2002. The project applicant filed a request to extend the site plan approval expiration date on June 10, 2002. While a current lack of funding for this project is the reason stated by the applicant for the delay in construction, the applicant does anticipate that the project will move forward within the next few months Pursuant to site plan regulations, the extension request may now be considered by the Board of County Commissioners because the request was submitted prior to the approval expiration date. ANALYSIS: Although the LDRs have been amended since the time of project review and approval, the members of the Technical Review Committee (TRC) concur that subsequent amendments as applied to the subject project are not significant enough to require substantial revisions or JULY 2, 2002 -35-