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7 <br /> AN ORDINANCE AMENDING IRE CHAPEL HILL ZONING ATLAS FOR THE <br /> HOMESTEAD TWIN TOWNS DEVELOPMENT(Orange County Parcel Identifier <br /> Numbers 9870-61-8194; a portion of 9870-61-8593; a portion of 9870-70-1770; and 9870- <br /> 71-3197)(2007-05-21/0-5) <br /> • WHEREAS, the Council of the Town of Chapel Hill has considered the application of <br /> Capkov Ventures,Inc.,to amend the Zoning Atlas to rezone property described below from <br /> Residential-2(R-2)to Residential-4-Conditional(R-4-C)zoning, and finds that the <br /> amendment is warranted,in order to achieve the purposes of the Comprehensive Plan by <br /> encouraging walking and bicycling, and reducing automobile travel,near the existing <br /> schools; <br /> NOW,THEREFORE,BE IT ORDAINED by the Council of the Town of Chapel Hill that the <br /> Chapel Hill Zoning Atlas be amended as follows: <br /> SECTION I • <br /> That the site,identified as now or formerly Orange County Parcel Identifier Numbers 9870- <br /> 61-8194; a portion of 9870-61-8593; a portion of 9870-70-1770; and 9870-71-3197;that is <br /> currently zoned Residential-2 (R-2) located on the south side Homestead Road just west of <br /> Seawell School Road,shall be rezoned to Residential-4-Conditional(R-4-C)with the <br /> following limitations on uses: <br /> • <br /> • That residential development shall be limited to a maximum of 72 dwelling units; and <br /> • That the maximum floor area shall not exceed 157,431 square feet; and <br /> • <br /> • That a minimum of 15 percent of the proposed dwelling units shall consist of <br /> permanently affordable dwelling units for private ownership available to low and <br /> moderate income households with annual income at or below 73 percent of the <br /> Raleigh-Durham-Chapel Hill area median income as provided by the U.S.Department <br /> of Housing and Urban Development (HUD). A minimum of eleven affordable units <br /> with three bedroom and two bath units income to be provided; and <br /> • That the Final Plan for the Special Use Permit will incorporate a "20 percent more <br /> energy efficient" feature into their plans, relative to the energy efficiency standard of <br /> the American Society of Heating, Refrigeration, and Air Conditioning Engineers <br /> (ASIIRAE),as amended and in effect at the time of building permit issuance; and <br /> • That other comparable standards generally recognized as applicable to building <br /> energy consumption, as amended and in effect at the time of building permit issuance, <br /> may be used by applicants when incorporating the"20 percent more energy efficient" <br /> feature into their plans; and <br />