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CC - Staff Report 9-27 STAFF REPORT C�I w IDIAN -- COMMUNITY DEVELOPMENT DEPARTMENT .►A H O HEARING September 27,2022 Legend DATE: let TO: Mayor&City Council Ie Project Lneafxm R- RL R- 1 FROAM: Sonya Allen,Associate Planner R- R- 208-884-5533 MU SUBJECT: H-2022-0058 UT Prescott Ridge Residential RUT R- LOCATION: 2940 E. Overland Rd., in the SE 1/4 of R-_ R- Section 17,T.3N.,R.IE. R-8 k-0 R ® R-8 UT RU I. PROJECT DESCRIPTION Modification to the existing Development Agreement(Inst. 2021-132713)for the residential portion of Prescott Ridge Subdivision to update the phasing plan. II. SUMMARY OF REPORT A. Applicant: Patrick Connor,Providence Properties,LLC—701 S.Allen St., Ste. 104,Meridian, ID 83642 B. Owners: Lionwood Properties,LLC— 1513 E. Rivers End Ct.,Eagle,ID 83616 Providence Properties,LLC—701 S. Allen St., Ste. 104,Meridian, ID 83642 C. Representative: Same as Applicant III. NOTICING City Council Posting Date Notification published in newspaper 9/11/2022 Notification mailed to property owners within 300 feet 9/8/2022 Page 1 Applicant posted public hearing notice on site 9/13/2022 Nextdoor posting 9/8/2022 IV. STAFF ANALYSIS The Applicant proposes to modify the existing Development Agreement(Inst. 2021-132713)for the residential portion of Prescott Ridge Subdivision to update the phasing plan for the development. See existing phase plan and proposed phasing plan in Section VI. Since the time of annexation,the phasing plan for the overall development has changed. The northern 15-acre medical campus portion of the site was shown on the phasing plan as Phase I in order to create a"legal lot"to convey to the purchaser of that property.Acquiring the out-parcel at the northeast corner of the medical campus enabled the Applicant to do a property boundary adjustment to create a legal lot for development purposes to convey to the new owner so that they can develop their site separately at their own timing. The proposed modification will remove the medical campus from the phasing plan of the residential development. Other changes to the phasing plan include the following: 1)Phase 1 was expanded to include the location of the pressurized irrigation pump house;2)the large green space in the center of the development is now part of Phase 3 instead of Phase 6,which will allow the large park and associated amenities to develop sooner; and 3)the updated phasing plan shows larger phases overall to expediate the development process. Phase 1 still includes construction of the collector street(Rustic Oak)from Chinden Blvd. to the southern boundary of the property which is important for emergency access. No changes to the text of the development agreement are proposed. V. DECISION A. Staff: Staff recommends approval of the proposed modification to the DA with the change to the phasing plan described above as shown in Section VI.B. Page 2 VI. Exhibits A. Existing Phasing Plan PHASE BUILDABLE rP CP-P _ y ei LOTS � 44 3 41 y 4 43 n 5 41 6 37 m PHASE 7 39 8 46 L7 w I .. 9 14 Oa l7 x P pC 9 TOTAL °C c BUILDABLE 37C a LOTS f i PHASE u PHAS 7 I R• pg Q _I 117 R' r` r EN OI X E E!IN6 xo Y PHASE .3 rP' 1 OF 1 IJEEFT RASE 1 Page 3 B. Proposed Phasing Plan LG75 LOTS ,G7 7E n � 1 � 79 n I 5j x 5 ib 2 4 !4 7 ,4,A► � 1075 � i6 x r 5 111 � C }ow _ rl OF 1 lip r,sdr r.MIC Page 4