Orange County NC Website
11 <br />2. Land Use Intensity: <br />Homestead Road and Rogers Road Sites <br />Gross Land Area 22.52 Acres <br />Total Maximum Floor Area omestead site onl 160,461 s . ft. <br />Maximum~Residential Units ~ 74 units <br />Affordable Residential Units as a Percentage of Total Residential <br />Units ~ 15% <br />Minimum Recreation S ace (Homestead site only) 36,593 s . ft. <br />Maximum Im ervious Surface Area IS8,13S s . ft. <br />Maximum Vehicular Parking Spaces (Homestead site only) 139 spaces <br />including garages) <br />Number of Buildin s (Homestead site only 37 <br />Stipulations Related to Affordable Housing <br />3. Provision of Affordable Housing: That the developer prepare an Affordable Housing <br />Plan that addresses the following items, for approval by the Town Manager prior to <br />issuance of~a Zoning Compliance Permit: <br />a. Provision of a minimum of 1S percent of the proposed dwelling units as affordable <br />dwelling unit(s) available to low and moderate income households with annual income at <br />or below 73 percent of the area median income. A minimum of eleven~affordable units <br />with three bedroom and two bath units; <br />b. That the size and distribution of units be located throughout the development, dispersed <br />among the ~ market units. Six units shall be Located in the southern portion of the site <br />adjacent to the Resource Conservation District; <br />c. The determination of eligibility of the owners; <br />d. Marketing of the dwelling unit(s); <br />e. Adequate assurances that the designated units will remain affordable in perpetuity; and <br />f. The pricing of the affordable housing units shall be subject to the approval of the Town <br />Manager. <br />g. The homeowner's association dues for the affordable homes will be set and continuously <br />maintained at a level not to exceed SO percent of the dues payable from market rate <br />homes. <br />Stipulations Related to Transportation <br />4. Homestead Road Ri it-of--way: That the applicant shall dedicate half of a 100-foot right- <br />of-way for the Homestead Road frontage. <br />S. Homestead Road Improvements: <br />a. That the applicant shall improve Homestead Road to provide two 12-foot wide travel <br />lanes and a 4-foot wide bicycle lane along the site frontage prior to the issuance of <br />first Certificate of Occupancy. <br />b. That the applicant shall construct a median on Homestead Road at the proposed street <br />intersection to prohibit left-turns from and to Homestead Road. The detailed plans for <br />