SUBJECT:
Title
A Resolution of the Town Council of the Town of Erie Approving a Development Agreement and Accepting Dedications as Shown on the Final Plat for the Lafferty Subdivision
Body
DEPARTMENT: Planning & Development Department
Department
PRESENTER(S): Christopher C. LaRue, Principal Planner
First Name Last Name, Title
POLICY ISSUES:
Staff's analysis indicates the proposed DA and proposed dedications are consistent with Town Charter, Municipal Code, and the Council's priorities. Approving the Resolution will confirm Council's agreement with staff's analysis and conclusions. The Lafferty Development Agreement (DA) reflects provisions negotiated by Town 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 Lafferty Canyon Metro District Service Plan approved by Council in March 2023. Those requirements include:
? Plugging and abandoning oil and gas wells and subsequent monitoring (completed in Canyon Creek Filing No. 8)
? Installing solar panels on all homes sufficient to satisfy 50% of energy needs
? Pre-wiring garages for electric vehicle charging,
? Providing water and energy efficient fixtures,
? Monetary contribution towards the Town's affordable housing program (Completed with the DA for Canyon Creek Filing No. 7 and No. 8) and
? Monetary contribution towards necessary transportation safety improvements within the development (completed with the DA for Canyon Creek Filing No. 7).
The plat was reviewed for all necessary trail, transportation, and pedestrian connections and found to be compliant.
Approving the DA is consistent with the Board's policy objectives for metro districts and development and will be beneficial to the Town.
STAFF RECOMMENDATION:
Recommendation
Approve the Development Agreement and accept the dedications shown on the Final Plat for the Lafferty Subdivision.
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