06-24-2024 Council Meeting Packet

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CITY COUNCIL REGULAR MEETING STAFF REPORT AGENDA ITEM 6B STAFF ORIGINATOR: Michael Grochala, Community Development Director MEETING DATE: June 24, 2024 TOPIC: Public Hearing, Consider Ordinance No. 11-24 Adopting an Interim Ordinance Creating a Moratorium on the Creation of New Lots for Residential Purposes VOTE REQUIRED: Simple Majority ______________________________________________________________________________ INTRODUCTION Staff is requesting City Council consideration of an interim ordinance creating a moratorium on the subdivision of land for residential uses covering approximately 980 acres in the northwest quadrant of the City to complete a master plan for the area. BACKGROUND The northwest quadrant of the City, located along Main Street and generally referred to as “the Sod Farms”, has received significant development interest over the past two years. Two development interests have recently presented or submitted concepts for discussion with the City Council. In February of 2024 Pulte Group presented interest in developing a master planned active adult (55+) residential community on approximately 240 acres north of Main Street. The City Council completed a tour of a similar Del Webb branded project in late March of 2024 to gain a better understanding of site amenities and site layout, using smaller lot sizes and reduced setbacks. The City also became aware of the proposed Madinah Lake project in late March of 2024. A Planned Unit Development Concept Plan has been submitted and is currently under review. The proposed project includes a mix of housing types, totaling 434 units, commercial development and a religious building on approximately 156 acres. Together, the Pulte/Del Webb and Madinah Lakes projects include development of approximately 400 acres and 900 residential housing units along the Main Street corridor. Both projects are requesting design flexibility through the PUD process. In reaction to the 93 of 99