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4 <br /> 1 SETTLERS POINT PROJECT: <br /> 2 • 10 parcels of property, <br /> 3 • 195 acres of land south of Interstate 40, <br /> 4 • FUTURE LAND USE DESIGNATION: Economic Development Transition, <br /> 5 • GROWTH MANAGEMENT SYSTEM: Urban Designated <br /> 6 Orange County/Town of Hillsborough Joint Planning Land Use Plan Designates the area: <br /> 7 • Employment: Light/general industrial, office, research/development, support services <br /> 8 uses including restaurants, retail, etc. <br /> 9 • Neighborhood: Retail (goods and services), high density residential, etc. <br /> 10 • Suburban Office: Office /employment (do not necessarily rely on walk-in customers), <br /> 11 etc. <br /> 12 <br /> 13 DEVELOPMENT DISTRICT(S): <br /> 14 • District 1 - Industrial/Manufacturing and Research, <br /> 15 • Located west of Old NC 86 and south of Interstate 40 , <br /> 16 • Accessed via an existing road named Service Road <br /> 17 • Intended to provide for light industrial/manufacturing and research operations. <br /> 18 • Properties comprising district are Located in an Economic Development Transition land <br /> 19 use category. <br /> 20 • District 2 - Commercial, <br /> 21 • Located east of Old NC Highway 86 and south of Interstate 40, <br /> 22 • Accessed via Old NC Highway 86, <br /> 23 • Intended to provide for light office, retail, service operations (i.e. hotel, restaurant, etc.) <br /> 24 • Properties comprising district are located in an Economic Development Transition land <br /> 25 use category. <br /> 26 <br /> 27 Conditions: <br /> 28 • Applicant has recommended the imposition of several conditions controlling <br /> 29 development within project; <br /> 30 • Must be mutually agreed to by Applicant and Elected officials (as previously detailed). <br /> 31 • Staff and Planning Board have recommended imposition of additional conditions on the <br /> 32 project. <br /> 33 o NOTE„ ApplIk2nt NC) has a f feed to m jj unity of ul lit ons„ Has dentfed <br /> 34 some concerns and requested m dlifli ton. Refer to Attachment 5. <br /> 35 <br /> 36 Conditions— Examples: <br /> 37 • Approval of the Project does not constitute a guarantee utility services (i.e. water and <br /> 38 sewer) shall be provided and/or extended by the Town of Hillsborough. <br /> 39 • UTILITIES: <br /> 40 o Comply with Section 6.20 of the UDO, <br /> 41 o Development within the Project shall only be served by public water and <br /> 42 sewer, <br /> 43 o Utility connection(s) shall comply with applicable Town of Hillsborough <br /> 44 standards. <br /> 45 o Extension of utilities to District 2 shall be reviewed and approved by the <br /> 46 Town of Hillsborough prior to development. <br /> 47 • Site Plan(s) <br /> 48 o Site Plan Review per Section 2.5 of the UDO required for all projects, <br /> 49 o All submittals will require completion of an Environmental Assessment <br /> 50 and a Transportation Impact Analysis (TIA), <br /> 51 o All submittals required to document existing and proposed impervious <br /> 52 surface area as well as building/open space ratios within the Project. <br />