Agenda - 12-01-1986 - Laserfiche WebLink

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067 MEMORANDUM ORANGE COUNTY PLANNING BOARD NOVEMBER 11. 1986 PAGE 2 units per acre. The tract is presently zoned Residential 1. one (1) dwelling unit per acre. It is located in the twenty year transition area in the Land Use Plan. In the revised Joint Land Use Plan that was adopted on October 13, 1986w the proposed land use classification for the area in which this tract is located was designated as "Office and Institu- tional" . The proposed zoning? PD-H-R-8, would be consistent with the revised Joint Land Use Plan classification. A number of changes have been made in the applicant's proposal since it was first submitted. Perhaps the most significant change was a reduction in the number of dwelling units being proposed. The original proposal called for construction of 152 dwelling units. This was subsequently reduced to 137 dwelling units. Material contained in the 10/13/86 agenda packet accounts for this and other changes that have occurred since the project was originally proposed. Following the October 13, 1986 public hearingi by way of a memorandum dated October 23 , 1986 (See copy attached) , the applicant made further changes in his proposal. These include a further reduction in the number of dwelling units from 137 to 120 and construction of a turn lane on Eubanks Road at its intersection with NC 86. These changes affect certain evaluation criteria. The extent of the affects are evaluated below. RECREATION STANDARDS Recreation standards contained in Article 5.1.1 of the Zoning Ordinance when applied to this project require a minimum recreation space of 5.85 acres. Section IV-B-7-b-2 of the Subdivision Regulations also require that 1/35th of an acre of land be dedicated for each dwelling unit proposed. Application of this standard to the now proposed 120 dwelling units results in an acreage requirement of 3.43 acres of public recreation area. If the acreage derived from applica- tion of Article 5.1.1 is greater. the difference (2.42 acres) , must be developed for private recreation purposes. Section IV-B-7-b-2 further requires that where no recreation or open space is shown on the Land Use Plan, payment in lieu of dedication may be accepted. based on the fair market value of the property. No recreation/open space areas have been designated on the tract in the Joint Planning Area Land Use Plan. The 1987 assessed valuation of the property is $3.120 per acre. Based on the dedication re- quirement of 3.43 acres, the payment in lieu would amount to