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120/5202 ORR 4358 45! <br />B. The Parties hereby agree that all regulations and rights applicable to the development of the <br />"Residential Area" shall be in accordance with the uses, development standards and other <br />applicable regulations indicated herein. The Residential Area shall be identified as the <br />following areas as shown in Exhibit "B ": <br />The 45 acres on the west side of the Park Access Road at the terminus of Craddock <br />Avenue. <br />2. Approximately 2.36 acres out of the 5.6 acres located at the southeast corner of Wonder <br />World Drive and Craddock Avenue. This area is currently zoned Single Family District (SF- <br />6) and may be developed in accordance with the standards and regulations within this <br />district. <br />C. The 45 acre portion of the Residential Area located at the terminus of Craddock Avenue may <br />be developed in accordance with the uses, development standards and other applicable <br />regulations required by the City's LDC for the Single Family (SF -11) District, the Single Family <br />(SF -6) District and the Patio -Home, Zero Lot Line (PH -ZL) Residential District. <br />D. The maximum number of units permitted shall be 142 units in accordance with the maximum <br />density permitted within the Very Low Density Residential Land Use Designation. <br />2.04 Impervious Cover <br />A. The Permitted Maximum Allowable Project Impervious Cover for the Property shall be in <br />accordance with the finally approved Watershed Protection Plan, Phase 1 (WPP1). The <br />maximum impervious cover shall be contingent upon completion and outcome of final studies, <br />including a full geologic assessment of the developed portions of the Property. The total <br />permitted impervious cover may be distributed throughout the Property as necessary provided <br />that the total imperious cover does not exceed the maximum permitted impervious cover <br />indicated in the WPP1. <br />B. Clustering Incentives for the 36 acre proposed Open Space area as shown in Exhibit "B" in <br />accordance with Section 5.2.8.1 of the LDC shall be applicable to the Property. The total <br />permitted project impervious cover may be clustered onto any portion of the Property provided <br />that the total impervious cover does not exceed the total amount indicated in the WPP1. Any <br />development on the Property shall be subject to review by the City and approval of all <br />applicable City permits including Watershed Protection Plans, Site Preparation Permits, and <br />Environmental and Geologic Assessments, and shall be subject to all City of San Marcos and <br />TCEQ regulations for buffering and protection of sensitive features, if any are identified. <br />2.05 Environmental, Water Quality & Detention Standards <br />A. Development of the Property will adhere to a standard for removal of a minimum of 85 percent <br />of the increase in total suspended solids (TSS) after full development of the Property over the <br />baseline existing conditions before development of the Property as established by the WPP1. <br />The 85 percent TSS removal will be accomplished utilizing a combination of traditional best <br />management practices (BMP's) and approved low- impact development (LID) practices <br />designed in accordance with the City of Austin Environmental Criteria Manual and the City of <br />San Marcos LID manual. All BMP's shall be designed and maintained by the property owner to <br />achieve the performance standard of 85 percent TSS removal. BMP's for treatment and <br />detention of stormwater proposed for development of the Property may include, but shall not be <br />limited to detention ponds, rain gardens, bioswales, biofiltration ponds and native drought - <br />3 <br />