A RESOLUTION APPROVING A SPECIAL USE PERMIT MODIFICATION FOR THE FRANKLIN GROVE TOWNHOMES (2005-06-15/R-18a)
NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that it finds that the Special Use Permit Modification application proposed by Capkov Ventures, Inc. for a multi-family development on property identified as Chapel Hill Township Tax Map 45, Block A, Lots 1-25 if developed according the conditions listed below would:
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 regulations and standards of the Land Use Management Ordinance, including all applicable provisions of Articles 3 and 5, the specific standards contained in the Supplemental Use Regulations (Article 6), and with all other applicable regulations;
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 by the Town Council of Chapel Hill that it finds, in this particular case, that the following modifications satisfy public purposes to an equivalent or greater degree:
Said public purpose being the provision of additional affordable housing.
BE IT FURTHER RESOLVED that the Town Council hereby approves the application for the Franklin Grove Townhomes Special Use Permit Modification in accordance with the conditions listed below:
Stipulations Specific to the Development
1. The conditions of the October 22, 1999 Special Use Permit, recorded Book 2027, Page 531, continue to apply to this development with the following adjustments provided below.
2. That construction be completed by June 15, 2007 (two years from the date of Council approval) with the exception of the additional affordable housing component. The additional affordable housing component construction start date shall begin by June 15, 2030 (25 years from the date of Council approval) and construction shall be completed by June 15, 2033 (28 years from the date of Council approval).
3. Land Use Intensity: That the Special Use Permit modification approves four additional affordable dwelling units (for a total of 62 dwelling units) to exclusively allow the Orange Community Housing and Land Trust to construct a total of four duplex units (four additional dwelling units) on Milton Avenue, for a total development Floor Area of 148,479 square feet (with 6,000 additional square feet exclusively for affordable housing) within the boundaries of this Special Use Permit Modification.
BE IT FURTHER RESOLVED that the Town Council hereby approves the application for a Special Use Permit Modification for the Franklin Grove Townhomes property in accordance with the conditions listed above.
This the 15th day of June, 2005.