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VPR23001 VAA Vested Rights RODPLANNING AND ZONING COMMISSION .4 o n OLORAOO FINDINGS OF FACT AND RECORD OF DECISION DATES OF PUBLIC HEARINGS November 10, 2005 & December 8, 2025 TYPE OF APPLICATIONS: Vested Property Rights Extension FILE NUMBER: VPR23001 APPLICANT: Traer Creek Holdings No 2 LLC This Record of Decision is made in accordance with the Avon Development Code §7.16.010(f)(3) PZC DECISION: Recommendation to Approve the Village at Avon Vested Rights Extension as Proposed RECOMMENDED FINDINGS: (i) The magnitude of public infrastructure necessary to access and develop the Mountainside is beyond current means due to the present focus of highly impactful projects currently being developed in the valley floor elsewhere in the PUD. (ii) Full development of the Mountainside in the current vested property rights term is implausible due to the type and location of the planned development. (iii) The scope of the Vested Property Rights is limited to areas that are inherently difficult to service, and do not contribute to the public benefits associated with other commercial and mixed -use development that would present measurable and tangible public benefits. THESE FINDINGS OF FACT AND RECORD OF DECISION ARE HEREBY APPROVED: BY: AffL- 4tK'Chairperson DATE: 02--2-3 - 2-02.4 PZC Record of Decision VPR23001