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PD103-CS 870618 TRACT !8 DEVELOPMENT/ZONING ISS~UES i. USE '''~ ' :'~'ONING. Downzone from SF-O and SF-7 mix with 115-120 unit potential to ~ PD for all single family lots of same size as adjacent Parkwood subdivision - 96 lots A. This was accomplished by a significant reduction in land price to the builder. However, the builder still had a substantial increase in his lot cost and required market price for the proposed homes. B. Encourages a positive community relationship with existing homeowners who have demonst~-ated they will be upset if the land is used for something more dense than single family, even though the part of the land adjacent them is already zoned SF-O. II. LAKE/PARK: Will result in a donation to the city of approximately 33 acres of land, including a 25 acre lake. The location is adjacent to the existing city park and the use can be planned in conjunction with it. A. To be delivered to the city in functional and maintainable condition. However it will be the city's responsibility to install the park improvement, around the lake as the park bud.qet allows. B. Approximate value of donated property - $500,000 ill. MAC ARTHUR: The R.O.W. through the Parks of Coppell property will be acquired by the city in the platting process or by other agreement. Whether needed now or later, acquisition or condemnation cost will not be necessary. The developer may also be able to assist in acquiring other required R.O.W. RECIUIREMENTS I. It is a requirement of the builder that the city commit to the park/lake concept as an extension of the city park system in order to assure the long term maintenance and control of the area. The revised zoning request is contingent upon such a commitment and will be withdrawn absent it. In such event, there will be no development of the property in the foreseeable future. PAGE 1 TRACT 10 DEVELOPMENT/ZONING ISSUFt~ ii. tt is a requirement of the builder to have lots ready for spring construction. In order to accomplish this, it is critical to begin the necessary dirty work in the dry time of the year and utilities immediately thereafter. The attached schedule shows the dates necessary for the various required approvals. The city's commitment to reasonably allow ~.hl._-. schedule is requested, obviously assurnirLq the ~e~eloper complies witll ordinance requirements. This involves: A. Allowing the amended PD CONCEPT PLAN to go to council on 8/11/87 rather · ~ ~.hun requiring it to go back to ~ ~ ~ r~,~. Since this i~ a PD and the developer must come through again with the PD DEVELOPMENT PLAN, the request seems reasonable. B. Allowing the simultaneous hearing of the PD DEVELOPMENT PLAN and the preliminary plat. This has been Coppell's practice in the past. C. Agreeing to begin advertising the zoning change request at council before the P&Z meeting date in certain instances. D. Allowing the developer to submit final engineering to get on the P&Z agenda before the preliminary plat has been approved by council. E. Encouraging the park board and the new park consultants to work as quickly as possible to arrive at a recommendation on the proposed park before the council meeting on 8/25/87. F. Allowing the developer to meet with the park consultants at the earliest possible date. G. Working with the developer to grant an early start permit on the required dirt work within 21 days after the PD CONCEPT PLAN and the city park agreement is approved. Ill. Confirmation that the Parks of Coppell properties will have no cost for the construction of MacArthur, either by platting requirement, paving assessment, or otherwise. PAGE 2