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2 <br /> BACKGROUND: On January 23, 2018 the Orange County Board of Commissioners (BOCC) <br /> approved a zoning atlas amendment creating a Master Plan Development Conditional Zoning <br /> (MPD-CZ) district referred to as Settlers Point (materials from that meeting are available at: <br /> http://server3.co.orange.nc.us:8088/weblink/0/doc/49647/Pagel .aspx). The approved MPD-CZ <br /> involved property on both sides of Old NC Highway 86 allowing for the development of a mixed <br /> use commercial/industrial park. Since approval, no development activity has occurred. <br /> Staff has received an application proposing a new MPD-CZ, including 2 parcels from this <br /> previously approved project. If this application is approved, the existing MPD-CZ (Settlers <br /> Point) will cease to exist. Development of subject parcels would be consistent with this new <br /> MPD-CZ district designation. <br /> STAFF COMMENT: A separate process is underway to rezone the eight parcels of <br /> property east of Old NC Highway 86, part of what was referred to as District 2 of the <br /> Settlers Point MPD-CZ, to an appropriate County economic development general use <br /> zoning designation. This item is also being reviewed at the BOCC's September 15, 2020 <br /> public hearing. <br /> The basic facts concerning this application are as follows: <br /> Applicant(s): Terra Equity, Incorporated <br /> Attn. Frank Csapo <br /> 3810 Springhurst Blvd <br /> Suite 120 <br /> Louisville, KY 40241 <br /> A ent s : Michael Birch Kimley-Horn Santec Consulting <br /> Longleaf Law Partners 421 Fayetteville St. (Traffic Engineers) <br /> 4509 Creedmoor Rd. Suite 600 801 Jones Franklin Rd. <br /> Suite 302 Raleigh, NC 27601 Suite 300 <br /> Raleigh, NC 27612 Raleigh, NC 27606 <br /> Parcel Information: A. Parcels and Current Zoning: Subject parcels, identified <br /> utilizing Orange County Parcel Identification Numbers (PIN), are: <br /> 1. PIN 9863-71-8857: An approximately 90 acre parcel <br /> zoned MPD-CZ (Settlers Point) and Major Transportation <br /> Corridor (MTC) Overlay District; <br /> 2. PIN 9863-91-6573: An 80 acre parcel zoned: <br /> • Approximately 60 acres (south of Interstate 40) <br /> zoned MPD-CZ (Settlers Point); <br /> • Approximately 20 acres (north of Interstate 40) <br /> zoned Economic Development Hillsborough <br /> Limited Officer (EDH-2). <br /> Major Transportation Corridor (MTC) Overlay District. <br /> 3. PIN 9862-99-8894: An approximately 12 acre parcel split <br /> zoned Rural Residential (R-1) and Rural Buffer (RB). <br /> NOTE: The small portion of this parcel zoned RB, <br />