RESOLUTION B

(Denying the Application)

A RESOLUTION DENYING A SPECIAL USE PERMIT APPLICATION FOR DOWNTOWN ECONOMIC DEVELOPMENT INITIATIVE – PARKING LOT FIVE DEVELOPMENT (FILE NO. 9788-27-3068) (2007-06-27/R-17b)

BE IT RESOLVED by the Council of the Town of Chapel Hill that it finds that the Special Use Permit application for Downtown Economic Development Initiative – Parking Lot Five Development, as proposed by the Ram Development Company, on property identified as Orange County, Property Identifier Numbers 9788-27-3068, 9788-27-6139, 9788-27-7042, 9788-27-7101, 9788-27-7251, 9788-27-8102, and 9788-27-8107 if developed according to the plans dated February 13, 2007 (revised April 23, 2007), and the conditions listed below, would not:

1. Be located, designed, and proposed to be operated so as to maintain or promote the public health, safety, and general welfare;

2. Comply with all required regulations and standards of the Land Use Management Ordinance, including all applicable provisions, and with all other applicable regulations, with the modifications listed below;

3. Be located, designed, and proposed to be operated so as to maintain or enhance the value of contiguous property; and

4. Conform with the general plans for the physical development of the Town as embodied in the Land Use Management Ordinance and in the Comprehensive Plan.

BE IT FURTHER RESOLVED that the Council finds:

(INSERT ADDITIONAL REASONS FOR DENIAL)

BE IT FURTHER RESOLVED by the Council of the Town of Chapel Hill that the Council hereby denies the application for Downtown Economic Development Initiative – Parking Lot Five Development, as proposed by the Ram Development Company.

This the 27^th day of June, 2007.