Agenda - Planning Commission - 10/04/2018

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Review File: Rezoning, Comprehensive Plan Amendment, Preliminary and Final Plat, Shoreland Overlay Variance, and Site Plan Review: Regency Commons January 27, 2017 Page 2 of 6 Preliminary and Final Plat The applicant is requesting review of a Preliminary and Final Plat that contemplates platting PID #'s 27- 32-25-22-0006, #27-32-25-22-0003, and #27-32-25-22-0002 (the "Subject Properties") into two lots. Lot 1 is shown to contain two 3-level indoor storage buildings and two 1-level storage buildings. Only one of the 3-level indoor storage buildings and one of the 1-level storage buildings would be initially constructed. Lot 2 is shown as undeveloped and would be held for possible future development. It is not known at this time what that possible future development would be, but the plan set indicates "Future Neighborhood Commercial". Currently there are three parcels located on the subject site. The parcel on the rthen portion of the subject site is guided Business Park and zoned E-1 Employment. The other tw parcels located in the southwest corner of the site are guided Commercial and zoned B-1 Businessie Applicant has proposed a reconfiguration of the existing lots to create more traditional lot shapes. >ihase 1 of the project would occur on Lot 1. Parcels within the E-1 Employment District are required to meet the following dimensional standards in accordance with City Code Section LOT 1 I Lot Area I Lot Width Required 1 acre 200 feet Proposed 4.45 Acre +/- 290 feet +/- Parcels within the B-1 Business Distric required to meet the following dimensional standards LOT 2 Required (with municipal utilities) Proposed I Lot Area 1/2 acre 1.75 Acre +/- I Lot Depth 4,, 150 feet 263 feet +/- I Lot Width 4" 100 feet 290 feet +/- N. Development Fees. Development Fees will be due with the Plat including, but not limited to, Park Dedication, Trail Development, and Stormwater Management. These fees are collected at the time the Final Plat is recorded and at the rate in effect when the plat is recorded. Development Agreement. Upon approval of a Final Plat, an executed Development Agreement will be required prior to releasing the plat for recording. Staff recommends approval of the Preliminary and Final Plat. Comprehensive Plan Amendment and Re-Zonine Application Review As a result of the re -platting of the Subject Properties, the Applicant is proposing that the existing zoning classification boundaries be re -configured to match the proposed parcel shapes. As such, Lot 1 would be