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<br />.~ <br />AN ORDINANCE AM>;NDING THE 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-OS-21/O-5) <br />WHEREAS, the Council of the Tawn 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 9.870-70-1770; 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 onuses: <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 />• That a minimum of 1 S percent of the proposed dwelling units shall consist of <br />permanently affordable dwelling units far 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 (HCTD). 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 />(ASI~RAE), 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 />maybe used by applicants when incorporating the " 20 percent more energy efficient" <br />feature into their plans; and <br />