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mm&ffV' <br />extend beyond the current deadline of April 4, <br />1992. <br />If lot sales increase during the 1991 selling <br />season, the Final Plat could be submitted for <br />approval. Otherwise, a new Preliminary Plat will <br />have to be approved before the final phase of <br />Cornwallis Hills can be recorded. <br />The Planning Staff recommends that the deadline <br />for approval of the Final Plat for Phase IV be <br />extended to December 31, 1991, with the condition <br />that if a letter of credit or other means is used <br />to secure the construction of improvements, it <br />will be set to expire no later than April 4, <br />1992. <br />Eidenier noted that if the deadline is allowed to <br />expire, the applicant must go through the entire <br />process again which would be very costly. Scearbo <br />agreed, noting that staff had reviewed the plan <br />and that there are-no standards that are <br />different. She felt that this plan would easily <br />be approved again today. This would create <br />flexibility for the applicant without extreme <br />costs which would produce the same results. <br />MOTION: Eddleman moved approval as recommended by the <br />Planning Staff. Seconded by Burklin. <br />VOTE: Unanimous. <br />AGENDA ITEM #9: MATTERS HEARD AT PUBLIC HEARING (8130190) <br />a. Comprehensive Plan Amendments <br />(1) LUP -4 -90 JPA Land Use Plan & Agreement <br />(Conceptual Guidelines - Rural Buffer) <br />Presentation by David Stancil. <br />A copy of the abstract information is an <br />attachment to these minutes on pages <br />Rather than proceed with a complete presentation <br />of information already presented, Stancil <br />reviewed a memorandum dated March 5, 1991 which <br />outlines the actions of the Towns of Carrboro and <br />Chapel HILL regarding LUP -4 -90 (Rural Buffer Plan <br />Amendments). A copy of this memorandum is an <br />attachment to these minutes on pages <br />A copy of the Resolution adopted by the Chapel <br />Hill Town Council is also an attachment to these <br />minutes on pages <br />61 <br />