SUBJECT: Consent Agenda
Title
A Resolution of the Board of Trustees of the Town of Erie Approving a Development Agreement and Accepting Dedications as Shown on the Final Plat for Canyon Creek Filing No. 8 Subdivision
Body
DEPARTMENT: Planning and Development
PRESENTER: Christopher C. LaRue, Principal Planner
STAFF RECOMMENDATION:
Recommendation
Approve the Development Agreement and accept the dedications shown on the Final Plat for the Canyon Creek Filing No. 8 Subdivision.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Canyon Creek Filing No. 8 Development Agreement (DA) reflects provisions negotiated by Town of Erie staff with the counsel of the Town Attorney, and the property owner, Stratus Canyon Creek, LLC. The DA includes, among other typical Town language, provisions addressing or requiring items to support the previously approved Lafferty Canyon Metro District in March 2023. Requirements include:
* plugging and abandonment of oil and gas wells and subsequent monitoring,
* installation of solar panels on a portion of the units,
* provision of energy efficient fixtures,
* preservation of existing natural areas,
* a greater mix of housing types to include townhomes,
* monetary contribution towards the Town's affordable housing program; and
* monetary contribution towards necessary transportation safety improvements within the development.
The applicant has amended the plans to meet the DA requirement of preserving existing trees that are located within the southwest portion of the development site. Finally, Tract P of the plat is required by the DA and plat to comprise townhome development. Approval of the DA is consistent with the Board's policy objectives for metro districts and development and will be beneficial to the Town.
The Canyon Creek Filing No. 8 subdivision is generally located northeast of Jasper Road (future Lombardi Street) and Telleen Avenue. The site has been identified for residential medium density units (duplex and to...
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