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184 CITY OF ST. ANTHONY • RESOLUTION 00-066 A RESOLUTION APPROVING THE PRELIMINARY•AND FINAL DEVELOPMENT PLANS RELATING TO THE APACHE PLAZA PROPERTY, SUBMITTED BY HILLCREST DEVELOPMENT LIMITED PARTNERSHIP WHEREAS, Hillcrest Development Limited Partnership has submitted Preliminary and Final Development Plans for the redevelopment of the Apache Plaza property; and WHEREAS., said Plans have been reviewed by the St. Anthony Planning Commission at a public hearing; and, by unanimous approval, the Planning Commission recommended the St. Anthony.City Council approve said Preliminary and Final Development Plans. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of St. Anthony hereby approves the Preliminary and Final Development Plans for the Apache Plaza property, submitted by Hillcrest Development Limited Partnership and that includes a rezoning from a "C", Commercial, to a Planned Unit Development, "PUD", zoning district based on the following: • • the Jul 27 2000 Preliminary and Final Development Plans as last revised Y ry P August , 2000; • the August 1, 2000 Exhibit A, as modified by John Shardlow; • deferred approvals for the Comprehensive Sign Plan; the Lighting Plan, which must be consistent with City plans; and the redevelopment of the New Market site. The City Council further finds that: • the proposed Plans are consistent with the existing Comprehensive Plan; • Apache Plaza is an underdeveloped commercial property and has been in this condition for several years during which time the City has seen no significant interest in redevelopment from developers; • Apache Plaza property represents the most significant underdeveloped asset in the City's non-residential tax base; • • recent adjacent development has failed to rekindle the commercial redevelopment of the Apache Plaza property;