Laserfiche WebLink
<br />After seven years the deed restriction would be extinguished. At that time the Developer would <br />still be required to request that the City, as the land use authority, amend the Planned Unit <br />Development to allow uses other than what is currently listed. As with any zoning amendment, <br />this would still require a public hearing, review by Planning & Zoning Board, and adoption of <br />an ordinance amendment by the City Council. <br /> <br />If the EDA is supportive of this concept staff would prepare the necessary amendment and <br />bring it back for consideration at a future meeting. <br /> <br />RECOMMENDATION <br /> <br />Staff recommends the EDA authorize a 45 day extension to the due diligence period established <br />under Section 5.A. of the purchase agreement. <br /> <br />ATTACHMENTS <br /> <br />1. Concept Plan <br />