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80 <br /> WHAT'S HAPPENED: <br /> Developer seeking approval of new MPD-CZ district <br /> requiring elimination of Settlers Point MPD-CZ. <br /> STAFF COMMENT: This request only involves <br /> parcels west of Old NC Highway 86 (District 1 of <br /> Settlers Point MPD-CZ); <br /> •Action necessary for these 8 parcels to be <br /> developed; <br /> STAFF COMMENT: Property owners will have <br /> difficulty developing consistent with remaining MPD- <br /> CZ conditions if new MPD-CZ application approved. <br /> •Staff believes most appropriate course of action is to <br /> rezone properties guaranteeing viable development <br /> options)for owners. ORANGE CO NTY <br /> -- PROPOSAL: <br /> Rezone properties <br /> back to original <br /> zoning designation <br /> (i.e.what they were <br /> prior to approval of <br /> - _ MPD-CZ); <br /> D e v e I c pment <br /> -- <br /> h consistent with <br /> _ UD6 standards{i.e. <br /> each lot developed <br /> separately); <br /> Provides owners <br /> ,.:�-v.... with path forward <br /> for reasonable use <br /> t cf their prn perty. <br /> ORANGE COl1NTY <br /> STAFF COMMENT- <br /> Properties being rezoned back to what they <br /> were zoned before the MPD-CZ for Settlers <br /> Point; <br /> •7 parcels rezoned to Economic Development <br /> Hillsborough Limited Officer(EHD-2) <br /> Development of low intensity office uses and <br /> supporting services including restaurantsand hotels, <br /> = Retail land useswould not be permitted_ <br /> •32 acre parcel rezoned to Economic <br /> Development Hillsborough Office/Retail(EHD-4) <br /> Development of high intensity office uses and <br /> supporting retail or service uses_ <br /> ORANGE CWNTY <br /> STAFF COMMENT- <br /> Staff action means no financial impact to <br /> property owners (i.e. owners not incurring <br /> expense to rezone property); <br /> •Rezoning consistent with Comprehensive Plan; <br /> •Proposal consistent with Town of Hillsborough! <br /> Orange County Central Orange Coordinated <br /> Area(COCA)land use plan; <br /> •Rezoning allows for reasonable development <br /> opportunities consistent with applicable policies. <br /> .Each property owner will have ability to make use of <br /> their property VOTE OUT having to develop with joint <br /> open spacelaccesslbuilding limits associated with <br /> the M PD-CZ. ORANGE couNTY <br />