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Silverview Estates Staff Report • December 4, 1997 Page 2 Planning Commission Action: At its November 19, 1997 meeting, the Planning Commission voted (7-0)to adopt Resolution No. 526-97 recommending approval of the Preliminary Plat. At that same meeting, the Planning Commission voted (6-1) to adopt Resolution No. 515-97 recommending approval of the Development Plan. Both resolutions recommending approval contained conditions regarding details of the plans. Preliminary Plat Discussion: Background: The proposed Preliminary Plat for Silverview Estates contemplates the replatting of 8 lots containing approximately 13 acres of land into 4 lots within the proposed Planned Unit Development. Proposed lot areas are as follows: • Lot 1 (Holiday Stationstore): 69,862 sq. ft. (1.6 acres) • Lot 2 (2-Story Office Bldg.): 92,454 sq. ft. (2.12 acres) • Lot 3 (1-Story Office Bldg.): 48,000 sq. ft. (1.1 acres) • Lot 4 (Senior Housing Bldg.): 354,140 sq. ft. (8.13 acres) Outstanding Issues: The Planning Commission reviewed the plat in detail for the second time at its November 19 meeting. A revised Preliminary Plat has been submitted to City Staff that satisfactorily addresses the three conditions identified in the Planning.Commission resolution concerning necessary easements and additional County right-of-way. A fourth condition, regarding payment of park dedication fees, has been carried forward for inclusion in the Council Resolution for Preliminary Plat approval. A copy of the Land Appraisal Report, dated October 31, 1997 and attached to this Staff Report, indicates that the market value of the subject tract is $684,000. A park dedication fee of 10% or$68,400 shall be paid by the applicant prior to the issuance of any building, grading or other permits by the City. In light of Planning Staff review of the Preliminary Plat and the favorable findings from the Planning Commission stated above, the Preliminary Plat for Silverview Estates is being brought forward to the City Council at this time for public hearing and action. Development Review Discussion: Background: • Since adoption of the Resolution approving the General Concept Plan in May of this year, City Staff and the Planning Commission have worked with the applicant to identify and address issues