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<br />June 6, 2006 <br /> <br />1.2 The Development is a proposed mixed-use development. The Development will create a <br />commercial center with connecting pedestrian and vehicular access ways while creating view <br />and access corridors along the Blanco River. <br /> <br />1.3 The Development will provide for maintaining the existing condition of the Blanco River with <br />adjacent frontage as open space. The open space adjacent to the Blanco River will be privately <br />owned and maintained, but open and accessible to the public during the same hours as public <br />parks are open in the City. <br /> <br />1.4 The Development will provide for a variety of uses including commercial, residential and <br />recreational. <br /> <br />1.5 The Development will utilize and be consistent with the previous City approvals for zoning, <br />subdivision master plan, preliminary plat and final plats. <br /> <br />1.6 The Development is depicted on the Concept Plan and Illustrative Plan attached hereto as <br />Exhibits "B" and "c" (jointly, the "Land Use Plan"). The Land Use Plan provides the <br />foundation for development of the Development. The Illustrative Plan provides a qualitative <br />character description of the Development. The Concept Plan will govern over the Illustrative <br />Plan to the extent they are in conflict. The Developer will retain the right to request <br />amendments to the Concept Plan and Illustrative Plan. <br /> <br />1.7 The Developer will have the ability to administratively re-plat lots shown on the Concept Plan, <br />subject to the requirements of State law and the LDC. <br /> <br />1.8 The Development includes specific development standards as described herein for each platted <br />lot. The Development shall adhere to all of the provisions of these Development Standards. <br />As to any standards not specifically addressed in these Development Standards, the <br />Development shall adhere to the LDC standards in force at the time of submission of further <br />development applications. All uses in the Development shall conform to the area, building and <br />height standards in the applicable base zoning district unless specifically excepted in these <br />Development Standards. These standards shall be utilized to establish the quality and character <br />of anticipated development in the Development. The Developer may appeal a denial of a <br />development application based on the City Planning Director's interpretation of these <br />Development Standards to the City Planning and Zoning Commission to determine whether <br />the Planning Director's interpretation is reasonable. <br /> <br />1.9 The Developer intends to complete the construction of all public improvements associated <br />with the Development before the first subdivision plat for the Development is filed. Because of <br />this, the City will not require the execution of a subdivision improvement agreement or the <br />submission of fiscal security for completion of the public improvements. The Developer and <br />the City agree that a one-year warranty period will apply to the completed public <br />improvements. If the Developer wishes to have a subdivision plat related to the Development <br />recorded prior to completion of construction of the public improvements, the Developer will <br />post fiscal security for the improvements and for the future Nash Lane extension <br />improvements to the subdivision property line. <br /> <br />Blanco Riverwalk PD Overlay District <br /> <br />3 <br />