File #: ID-320-15    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 10/14/2015 In control: City Council
On agenda: 10/20/2015 Final action:
Title: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO, APPROVING A SUSTAINABILITY AGREEMENT BETWEEN THE CITY OF BRIGHTON AND PRAIRIE CENTER APARTMENTS, LLC FOR CERTAIN FEE REDUCTIONS IN CONSIDERATION OF CERTAIN PRIVATE SUSTAINABLE IMPROVEMENTS FOR THE MULTI-FAMILY RESIDENTIAL DEVELOPMENT TO BE KNOWN AS ELEMENTS @ PRAIRIE CENTER APARTMENT PROJECT, LOCATED ON LOT 2 OF PRAIRIE CENTER VILLAGE V SUBDIVISION, FILING NO. 1, MORE PARTICULARLY LOCATED WITHIN THE SOUTHWEST QUARTER OF SECTION 16, AND IN THE NORTHWEST QUARTER OF SECTION 21, TOWNSHIP 1 SOUTH, RANGE 66 WEST OF THE SIXTH PRINCIPAL MERIDIAN, CITY OF BRIGHTON, COUNTY OF ADAMS, STATE OF COLORADO; AUTHORIZING THE MAYOR TO EXCECUTE SAID AGREEMENT ON BEHALF OF THE CITY
Attachments: 1. Resolution Including Sustainablity Agreement, 2. Vicinity Map
Body
Department of Community Development
Reference: Elements @ Prairie Center Apartments Sustainability Agreement

To: Mayor Richard N. McLean and Members of City Council
Through: Manuel Esquibel, City Manager
Prepared By: Cathy Sexton, Associate City Planner
Date Prepared: October 12, 2015
PURPOSE
To review and consider a Resolution to approve a Sustainability Agreement for the development to be known as the Elements @ Prairie Center Apartment Project ("the Development").

SUMMARY
The applicant, David Pretzler with Prairie Center Apartments, L.L.C, is proposing to develop an apartment project, known as the Elements @ Prairie Center Apartment Project (the "Development"), to be located on Lot 2 of Prairie Center Village V Subdivision, Filing No. 1, which is approximately 15.02 acres and is currently owned by THF Prairie Center Development, L.L.C. The Development will consist of twelve, 3-story buildings of multi-family housing, and each building will contain 24 units for a total of 288 units, ranging from 716-1214 square feet.

There are certain sustainable elements that will be integrated into the Development with the goal of reducing energy demands and water consumption. The applicant is proposing to reduce the water demands up to 45% and sewer demands up to 34% through the use of low flow plumbing fixtures, energy star efficient appliances, and xeric landscaping. Additionally, the development will include a geothermal system for heating and cooling; advanced framing and insulation techniques with tight building envelopes to further reduce the demand for heating and cooling of the building; and installation of conduit and junction box for the future installation of solar panels.

The Sustainability Agreement addresses the City of Brighton's support for incorporating the above sustainable measures by committing to certain fee and water dedication reductions, and provides a specific formula for evaluating the purported water/sewer savings ove...

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