SUBJECT:
Title
A Resolution of the Town Council of the Town of Erie Approving the Second Amendment to the Development Agreement for Westerly Filing No. 1
Department
DEPARTMENT: Planning & Development
Presenter
PRESENTER(S): Aly Burkhalter, Senior Planner
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Time
TIME ESTIMATE: 0 minutes
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Fiscal
FISCAL SUMMARY:
N/A
Policy
POLICY ISSUES:
Staff’s analysis indicates the proposed Development Agreement (DA) Amendment is consistent with the Town Charter, Municipal Code, and Council priorities.
Recommendation
STAFF RECOMMENDATION:
Staff recommend the Town Council approve the Second Amendment to the Development Agreement for Westerly Filing No. 1.
Body
SUMMARY/KEY POINTS
Specifically, this second amendment to the development agreement captures the following changes:
• Tract H landscape plan is updated, from interim conditions to be completed with a different filing, to final conditions to be completed in this filing.
• Road construction plan updates to capture bike lanes, bus stop designs, and other public safety concerns, and to have the developer responsible for constructing the bus stop improvements.
• Exhibit B is updated to reflect the cost of these public improvements for surety and Exhibit C phasing changes.
BACKGROUND OF SUBJECT MATTER:
Westerly Filing No. 1 is platted into 311 lots and 27 tracts approved by the Board of Trustees on January 8, 2021. Filing 1 plat was amended on November 9, 2021, and the development agreement was first amended on December 21, 2021.
priorities
TOWN COUNCIL PRIORITY(S) ADDRESSED:
☐ Attractive Community Amenities
☐ Engaged and Diverse Community
☐ Prosperous Economy
☒ Well-Maintained Transportation Infrastructure
☐ Small Town Feel
☒ Safe and Healthy Community
☒ Effective Governance
☐ Environmentally Sustainable
☐ Fiscally Responsible
attachments
ATTACHMENT(S):
1. Resolution No. 25 -134
2. Second Amendment to Development Agreement (Westerly Filing No. 1)
3. First Amendment to Development Agreement (Westerly Filing No. 1)
4. Original Development Agreement (Westerly Filing No. 1)