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Department of Community Development
Reference:
To: Mayor Richard N. McLean and Members of City Council
Through: Manuel Esquibel, City Manager
Prepared By: Lauren Simmons, AICP, Senior Planner
Date Prepared: May 12, 2015
PURPOSE
The Applicant, Kevin Amolsch, Manager, PFG Acquisition LLC, is requesting approval of the Village at Southgate Brighton Final Plat and Development Agreement.
In accordance with the Municipal Code, Section 17-40-210, Final Subdivision Plat, a Final Plat application shall be presented to the City Council, at a public hearing, along with a resolution approving, approving with conditions, or denying the Final Plat application. A Development Agreement is approved by resolution.
BACKGROUND
The Property is generally located on the south side of E. 120th Avenue, and approximately half-way between Peoria Street to the west and Potomac Street to the east.
The Village at Southgate Brighton Final Plat would create:
* 150 residential lots for Single Family Detached,
* 2 lots for higher density housing or commercial,
* 2 lots for commercial or office, several tracts for drainage, landscaping and open space and;
* 1 lot for the relocated barn.
The Final Plat also shows the location of several easements, a right-of-way dedication for future expansion of 120th Avenue, and several future street connections to the east.
The Development Agreement associated with the Final Plat recognizes PFG Acquisitions LLC, Inc. as the agent of the owner, which is authorized to undertake the responsibilities for development of the Project.
The Development Agreement includes various provisions, including a requirement to provide a financial guarantee for the design and construction of:
* Improvements to Southgate Boulevard and 120th Avenue intersection (including the requisite signalization) and;
* Construction of acceleration and deceleration lanes on 120th Avenue.
The Development Agreement sets forth the process whereby the Developer wil...
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