A RESOLUTION DIRECTING EXPEDITED PROCESSING IN THE REVIEW OF A REZONING AND SPECIAL USE PERMIT APPLICATION FOR THE DOWNTOWN ECONOMIC DEVELOPMENT INITIATIVE (2007-02-12/R-11)

WHEREAS, the Town of Chapel Hill has received a petition for Downtown Economic Development Initiative requesting expedited processing of a Rezoning/Special Use Permit application seeking approval of a development that is to include 28,000 square feet of retail space and 137 residential units including 21 affordable units; and

WHEREAS, the Town Council finds that there is a significant public purpose associated with development of this application;

NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that the Town Manager is directed to expedite processing of a Rezoning/Special Use Permit application for Downtown Economic Development Initiative in a manner that will speed review without sacrificing breadth or depth of analysis.

This the 12^th day of February, 2007.