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to April 16, 1998. The consolidated Concept Plans for the remainder of the total <br />development (Craig Manor, Guernsdale, University Trace) expired on May 20, <br />1997. <br />On January 28, 1998, the Planning Department received the attached letter from <br />the attorney representing the applicant and owner of University Manor requesting <br />revocation of the subdivision approval. As stated in the letter, the owner "has <br />entered into a contract to sell the entire subdivision to Durahill, LLC, on the <br />condition that the County revoke the approval of the subdivision and that all <br />easements and restrictions created in connection with the approval of the <br />subdivision be terminated or withdrawn on or before April 1, 1998." <br />There are potentially positive and negative effects that could result from a <br />revocation of the approvals. From the County's perspective, one positive outcome <br />would be relief of responsibility for monitoring the Conservation Easement and <br />enforcing its terms. As long as the property remains undeveloped, there will be no <br />added impacts on the natural environment, adjacent roads, or public service <br />agencies such as law enforcement or schools. <br />Negative aspects of the revocation include the loss of permanent open space and <br />potential tax revenue from developed lots. Furthermore, the County and residents <br />of the area are left with an uncertainty of future development plans. <br />Any future development application submitted for the property will be considered <br />a new request subject to all regulatory requirements, including Flexible <br />Development provisions, that may be in effect at the time of submittal. The <br />previously approved Preliminary Plan could be used as a minimum "baseline" for <br />future applications, i.e., new proposals would be expected to meet or exceed the <br />level of open space protection proposed in the first plan. <br />If the subdivision approval is revoked, there would be no public purpose served by <br />keeping the roads as public. Abandonment of the public roads would allow the <br />owner the option to be gate the road as private property, or to remove the <br />improvements, thereby avoiding potential problems with public safety and security <br />of the property. A public hearing is required before the roads may be abandoned. <br />From the developer's perspective, the revocation is generally positive, as he is able <br />to sell to the prospective buyer and is freed of legal and financial obligations <br />associated with development of the property. However, the developer forfeits the <br />opportunity to sell approved lots. <br />If the County does not agree to the revocation, the developer indicates he will <br />proceed with the Final Plat for Section II of Phase I. As an alternative, the County <br />may choose to revoke the Preliminary Plan and Final Plat, and abandon the public <br />roads while retaining the 8.4 -acre Conservation Easement. If so, the County would <br />