File #: ID-319-15    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 FINAL PLAT AND DEVELOPMENT AGREEMENT, WITH SPECIFIC CONDITIONS AS MORE PARTICULARLY SET FORTH HEREIN, FOR AN APPROXIMATELY 90.39 ACRE PROPERTY COMMONLY KNOWN AS THE “PRAIRIE CENTER VILLAGE V SUBDIVISION, FILING NO. 1,” GENERALLY LOCATED IN THE SOUTHWEST QUARTER OF SECTION 16 AND THE NORTHWEST QUARTER OF SECTION 21, TOWNSHIP 1 SOUTH, RANGE 66 WEST OF THE SIXTH (6TH) PRINCIPAL MERIDIAN, CITY OF BRIGHTON, COUNTY OF ADAMS, STATE OF COLORADO; APPROVING THE FINAL PLAT AND DEVELOPMENT AGREEMENT AS A SITE SPECIFIC DEVELOPMENT PLAN VESTED PROPERTY RIGHT, TO BE VESTED FOR A PERIOD OF THREE (3) YEARS, TO EXPIRE ON OCTOBER 20, 2018; AUTHORIZING THE MAYOR TO EXECUTE SAID DEVELOPMENT AGREEMENT ON BEHALF OF THE CITY; AND SETTING FORTH OTHER DETAILS RELATED THERETO (PUBLIC HEARING)
Attachments: 1. Reso Prairie Center Village V Sub - Final, 2. CC Resolution-Draft, 3. Final Plat, 4. Vicinity Map, 5. Elements Development_Agreement_(Ex. C of Reso)
Body
Department of Community Development
Reference: Prairie Center Village V Subdivision, Filing No. 1

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 8, 2015
PURPOSE:
The Applicant, Todd Lambert, THF Prairie Center Development, L.L.C., is requesting approval of the Prairie Center Village V Subdivision, Filing No. 1 Final Plat and Development Agreement. The application also includes a request to vest the Final Plat and Development Agreement for a period of three (3) years.
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. As outlined in Section 17-56 of the Land Use and Development Code, a request for a site specific development plan vested property right must be reviewed by the City Council at a public hearing and approved by resolution.
SUMMARY:
The Property, which is approximately 90.39 acres, is generally located south of Eagle Boulevard, east of South 27th Avenue, west of the existing Target and north of the existing Home Depot. The Final Plat divides the Property into four (4) platted lots for a mix of residential uses, a neighborhood park tract, and an open space tract. Lot 4 will have to be subdivided further to accommodate single family residential. The Final Plat also shows the location of several easements, a trail easement, and the right-of-way dedication for Peregrine Drive and Red Tail Way, streets that intersect the Property and provide connection to Eagle Boulevard and South 27th Avenue.
The Development Agreement associated with the Final Plat includes various provisions, including a requirement to provide a financial guarantee for the design and construction of improvements to Peregrine ...

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