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~(~ ,. C Ci 4 Gorton inquried about public services access impacts. Collins responded there- would be a creator impact, but there has been no identification of problem areas by any agency. Pilkey inquired about the traffic count on Homestead and r\TC86 and expressed concern about the impact o£ one access on Homestead P.oad. Steve Upson, representing the ?McCoy Company, e.;plained the type of developments handled by A1cCoy Company. He described the interior and exterior of the units including amenities and noted that the profile of residents would be young professionals in the 25-~40 age range. He noted - these are Class A investment grade properties with rents ranging from $375-SROO~for a single bedroom and 500-5500 far a two bedroom unit. The primary entrance waulc be on P1C 86 with the secondary entrance on Homestead Road projecting an increase in traffic of 10~ on Homestead and 8~ on NC 8G. The developer already has an agreement with 064ASA for an extension oz water and sewer lines with the developer bearing the costs of extension. The drainace facilities are adequate. A 5tormwater t•2anagement Plan is proposed. Given uses in the immediate vicinity, the developer feels this is the best use of this property. Phil Post reviewed a map of the surrounding area. The wooded buffer would be retained. There would be approximately 1G0' from a buildinc, on-site to the nearest neighbor. He noted the tract owned by Homestead Ina. is served by a 60' strip adjacent to the Homestead Apartments site. c•Ir. Upson continued that this project does conform to the overall comprehensive plan. There is no rezoning as the property is zoned CC-3 and the request is almost a downzoning. There will be a gravity sewer line constructed to Ot1A5A standards. The letters from the Rescue Squad and Fire Department (i•?ew Elope) are to be submitted. Philip Post reviewed traffic impacts projected at less ti~an a lOv increase. The developer would be requesting a traffic light at Homestead and NC 86 as the traffic threshold for a light is already exceeded by 50~. Turning lanes will be constructed to handle traffic and no bacl;ups are expected. taillhoit inquired of Past if he had seen Chapel Hill's recommendations and he responded he received them just before the meetina. He could not respond to them at this time. He requested that when the public hearing is continued to 9/1$/84 that he have an opportunity to respond to these recommendations. He indicated that annexation discussions would likely occur with Chapel Hill. Peggy Scott, resident of Homestead Road expressed concern with traffic, especially school traffic, and the fact that the four-laning of NC '--- 86 abruptly ends at Homestead Road. She noted traffic figures from counts she and her neighbors had made. On August 27, 198a between 7:30 and $:30 a.m. they counted 725 cars, 20 trucF;s (loaded with gravel) and 17 school buses. T=etcveen 9:00 and 10:00 a.m., they counted 15 trucks and 125 cars. Between 4:00 and S:DO p.m. they counted 251 cars, 11 truclcs and 3 school buses. V.A. Hog1e spoY.e addressing traffic and a concern for residents and children's safety. FIe also felt that high density development has an impact on the crime rate. Anne _adry, resident, e:~pressed concern with an entrance at the crest of a hill. She cited a recent accident involvinc three trucks.