SUBJECT: Consent Agenda
Title
A Resolution of the Board of Trustees of the Town of Erie Approving the First Amendment to the Intergovernmental Agreement with the Erie Commons Metropolitan District No. 3
Body
DEPARTMENT: Planning and Development
PRESENTER: Chris LaRue, Senior Planner
TIME ESTIMATE:
only required for non-consent items
FISCAL SUMMARY:
Cost as Recommended:
Balance Available:
Budget Line Item Number:
New Appropriation Required:
STAFF RECOMMENDATION:
Recommendation
Approve the First Amendment to the Intergovernmental Agreement with the Erie Commons Metropolitan District No. 3
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Erie Commons Filing No. 4, 4th and 5th Amendments Final Plat area contains 21.10 acres, and is bounded by Erie Parkway to the northwest, South Briggs Street to the northeast, Espinoza Street to the southeast, and Powers Street to the southwest. The site is contained within the Erie Town Center Planned Development (PD) and is the large vacant rectangle parcel in the Erie Commons development visible along Erie Parkway. The 4th Amendment Plat proposes five commercial lots (one of which is under site plan review for a Circle K gas station and convenience store), one residential lot which will be further subdivided (Erie Commons Filing No. 4, 5th Amendment), and three tracts. The 5th Amendment Plat (aka "Wee Cottages" plat) proposes 151 residential lots (12.96 du/ac) and 16 tracts.
The plats include previous common areas and proposed common areas which will be owned and maintained by the Metro District. This amendment to the IGA was prepared to include maintenance of those commons areas and to make clear the Metro District No. 3's obligation to maintain specified common areas. In addition, the existing IGA restricts the maximum mill levy (as defined in the Service Plan) depending upon the number of residential dwellings allowed on the Erie Commons Filing No. 4, 5th Amendment site. If the 5th Ame...
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