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PZC Packet 080508 (2)0 Town of Avon Planning & Zoning Commission �- f/II`i Meeting Agenda for August 5, 2008 VO 1 Avon Town Council Chambers Meetings are open to the public C 0 L 0 R .A o 0 Avon Municipal Building / 400 Benchmark Road WORK SESSION (5:00pm — 5:30pm) Description: Discussion of Regular Meeting agenda items. Open to the public. REGULAR MEETING (5:30pm) Call to Order II. Roll Call III. Additions and Amendments to the Agenda IV. Conflicts of Interest V. Consent Agenda • Approval of the July 15, 2008 Meeting Minutes VI. Sign Design Application A. The Gates Property Location: Lot 1, Chateau St. Claire 138390 Highways 6 & 24 Applicant: Michael Matthews /Owner. CSC Land, LLC Description: A building mounted sign made of PVC with Acrylic Cutouts. The sign measures approximately 40 square feet in area. B. Bel Lago Property Location: Lot 12, Block 2, Benchmark at Beaver Creek / 540 West Beaver Creek Blvd Applicant: Daniel Ritch/Owner: Bel Lago, LLC Description: A Sign Application for an illuminated building mounted sign and a ground mounted project entry sign for a multi family residential property. The monument sign will be made of Colorado Sandstone and will be landscaped around the base. VII. Sketch Design Review — Perdzock Single -Family Residence Property Location: Lot 83, Block 4, Wildridge / 5729 Wildridge Road East Applicant: Kathy Langenwalter, Peel/Langenwalter Architects / Owner' John & Janet Perdzock Description: Sketch design review of a single family residence on Wildridge Road East. The structure totals approximately 4,300 square feet excluding the garage area. Exterior building materials include: stucco and stone veneer siding. Posted on August 1, 2008 at the following public places within the Town of Avon: • Avon Municipal Building, main lobby • Avon Recreation Center, main lobby • Alpine Bank, main lobby • Avon Public Library • On the Internet at htto://www.avon.ora / Please call (970) 748.4030 for directions VIII. Minor Design Application — Ruggs Benedict Exterior Changes Property Location: Lot 32, Block 1, Benchmark at Beaver Creek Subdivision / 810 Nottingham Road Applicant: Mark Donaldson / Owner: Ester Wolff Trust Description: The applicant is proposing exterior modifications to the existing Ruggs Benedict building. The proposed, changes include architectural enhancements to the building entrances, a complete repaint of all elevations, windows on the south and east elevations, and new roof structures with stone base supports. IX. Minor Project Application - Residential Courtyard Villas Property Location: Lots 12 & 13, Block 3, Wildridge / 4121 & 4123 Little Point Applicant: Michael Hazard, Morter Architects / Owner.' Advanced Home Technologies Description: An application for modifications to an approved Final Design for two lots on Little Point. The modifications include changes to material locations, window and door locations, modified entries for each unit, and modified roof plans. X. Harry A. Nottingham Park Master Plan Property Location: Tract G, Benchmark at Beaver Creek Subdivision Description: The Vail Architecture Group will distribute a working Draft Master Plan for the Harry A. Nottingham Park to the Commission for them to review, prepare comments and questions, and discuss during the next regularly scheduled Planning and Zoning Commission meeting on August 19, 2008. XI. Avon 21 PUD Zoning Application — CONTINUED PUBLIC HEARING Property Location: Lots 21, 65A, 65B, Tract O, and Parcel TK -3, Block 2, Benchmark at Beaver Creek Subdivision / 62, 68, and 182 Benchmark Road Applicant / Owner. Brian Judge, Orion Development Description: The applicant, Pedro Campos of the Vail Architecture Group, representing the owner of the property, EAH, LLC, is proposing a new Planned Unit Development (PUD) and a concurrent Preliminary Plan for Subdivision on a new development site comprised of the properties listed above, which are currently zoned Town Center (TC). The proposed PUD is envisioned to be comprised of three new buildings configured and designed as a contemporary, mixed-use development including retail space, office space, residential and lodging uses. The focus of this public hearing will be on the fiscal impact analysis and the probable financial impacts of the proposed project on the Town of Avon and the larger community. Stan Bernstein of Bernstein & Associates This item was tabled from the July 15, 2008 meeting pending further information. XII. Other Business XIII. Adjourn Posted on August 1, 2008 at the following public places within the Town of Avon: • Avon Municipal Building, main lobby • Avon Recreation Center, main lobby • Alpine Bank, main lobby • Avon Public Library • On the Internet at httD://www.avon.orq / Please call (970) 748.4030 for directions 19— Town of Avon Planning & Zoning Commission Iz- Draft Meeting Minutes for July 15, 2008 AVON Avon Town Council Chambers Meetings are open to the public C 0 L 0 n A 0 o Avon Municipal Building / 400 Benchmark Road DOLA Planning & Zoning Commissioner Training (5:00 pm - 6:00 pm) Training course intended for new Planning and Zoning Commissioners with Andy Hill from the Department of Local Affairs (DOLA) and held in the Council Chambers. Open to the Public. WORK SESSION (6:05pm — 6:35pm) Description: Discussion of Regular Meeting agenda items. REGULAR MEETING Call to Order The meeting was called to order at 6:38 pm. Roll Call All Commissioners were present with the Additions and Amendments to the Ag There were no additions or amendm Conflicts of Interest There were no conflicts of Consent of of o Condition: 2 at bottom of the proposed stairway will remain, and the stairway will b Y rawn to avoid disrupting these mature trees. Com r Green move approve the consent agenda, as amended, and Commissioner Gouldin ed them The motion passed with a 6-0 vote. VI. Sign Design plr - The Gates Property Locatio 1, Chateau St. Claire / 38390 Highway 6 Applicant: Micha atthews /Owner: CSC Land, LLC Description: A uilding mounted sign made of PVC with Acrylic Cutouts. The sign measures approximately 40 square feet in area. Discussion: Jared Barnes presented the sign design and Staffs report. Commissioner Goulding questioned the color codes depicted in the drawings, and how they relate to the colors applied to the building. Staff responded that no color samples have been provided, but that the colors on the sign were to match the colors on the building. Michael Matthews of La Joya Construction, representing the owners of the property, explained the sign construction method and the fact that the colors are identical to those used on the building. He explained that the sign is constructed from a PVC block, and the lettering is laser - cut out of the block. A smooth matte finish will be applied to the sign. Commissioner Green requested a color rendering of the building, with the sign applied on the elevation, and a sample of the material. Commissioner Evans would like proof that PVC is an acceptable, durable material, which will withstand Ultraviolet effects. Commissioner Goulding questioned how the vinyl on the sign looks, and he is becoming comfortable with the aluminum cutout. Action.: Commissioner Green moved to table until such time a color rendering and sample can be provided for review. Commissioner Struve seconded the motion and it was approved unanimously. VII. Sketch Design Review — Residential A. Old Trail Duplex Property Location: Lot 91, Block 1, Wildridge 12470 O T Applicant / Owner: Philip Masten Description: Sketch design review of a duplex on Old T o , near the in of Draw Spur. The structure totals approximately 7,500 s Exterior bu of include: stucco, heavy timber beams, cedar accents, s ne siding, and stucco siding. A similar design was reviewed at the March 18, 2008 Plan ""` d Z ing Commission meeting. r Discussion: Matt Pielsticker presented Zoning Code and noncompliance with se Michael Pukas stated that the buildin complies with the Design Guideline . h Matt Pielsticker stated that the a p r heights larger than 35 feet. Commissioner Evans comm it that the elev s I ar to b x where th eca ents th The n elevation nee o work or compliance with the �t¢�Emor,lernthough revious, and that the design IS, so sight is incorrect in the report. is of it is in compliance with no appears the grading has been addressed. He stated jLnely repetitive. He specified that there are locations r ing in order to remove the repetitive designs. mg up the massing. Green ques n ' ej the Io( Ation of the southern unit's parking spaces. Michael ed that the spkcef were in front of the garage doors. Green asked JoJ the roof height relates to the neighboring properties. He was vt how this ign would fit in with the existing neighborhood. Phil Matsen the heightsffl by no doubt go ing to be higher than the adjacent properties. Staff commYnstabou would checkto see if the approved plans are available to determine roofheightspertiesCommissioented thatit appears there is nearly 100 percent site disturbance, and he has that amount of disturbance. Commissioner Prince asked that a greater variety between the two halves of the duplex could be made to create a better architectural design. Commissioner Roubos agreed with Commissioner Prince. Commissioner Struve wanted more differentiation, and felt that could be achieved through varying materials. Commissioner Goulding appreciates the architectural design and the improved landscaping. He also had concerns about the amount of grading and site disturbance. He wanted the house to have the appearance of a two story house instead of a three story house. He mentioned that as viewed from the road grade the building would stand approximately 40-45 feet above. Phil Matsen commented that the roofs are most likely going to be significantly larger than adjacent buildings. Action: No Action is required for a Sketch Design Plan. B. Speculative Residence Property Location: Lot 113, Block 1, Wildridge Subdivision / 2070 Beaver Creek P oint Applicant: TAB Associates / Owner: BBG Investments, LLC Description: Sketch Design review for a single-family residence on a Beaver Creek Point property. The structure measures approximately square fee I utili wood siding, stone and stucco on the exterior walls. Discussion: Jared Barnes presented staffs report, a highlight s , potential conflicts with the Guidelines; particularly grading outside oft ropert ed site coverage concerns. Commissioner Green wanted clarificatio t e cove ce Jared responded that at sketch design only conceptual plan resented wit overage calculations, and at Final Design these numbers must be d. Bill Nutkins, of Tab and Associates, presented the desigN to th*nd The structure is approximately 5,000 square feet, plus about 900 square feet foe. Bill presented that the site coverage is approximately 25% wn. Thg outside of the property lines should not be a concern since this grame as Lot 112. Mr. Nutkins explained that the desire is r a co ra ding of the two properties. Bill mentioned that the main level ' wa ut, nd vie be captured towards Game Creek Bowl and Beaver Creek. issione truve estioned how similar or dissimilar this design is to Lot 112, the n ring propert lained that this is a ranch style with similar materials; however, th g and orien ave been differentiated between units to address this con rn. Commissi is c fortab th tructure design and massing, however, would like to a larger sit dscape n see the context with Lot 112. Commissioner Stru s worried about t dm sing an a room over the garage; and the resulting roof h ' of that element of the a n. ioners Roubos and a were both comfortable with the design as presented. Com er Green wants now what the stamped concrete wall below the patio is on the downhi f the project r. Green felt that a site section could be helpful to understand the site d n. Commissione d no further comments. He did mention that the room above the garage, as view r the street, was somewhat awkward. Action.' No actio ecessary for a Sketch Design Plan. VIII. Main Street Preliminary Design Description: The Engineering Department and the consultants from the Main Street Design Team presentation of the preliminary design of the new Main Street to the Planning and Zoning Commission for their review and comments. Discussion: Justin Hildreth, Town Engineer, explained the background and meetings to date for this project. He then introduced Kristin Cypher of the Britina Desi gn Group. Commissioner Goulding questioned the expected outcome of tonight's meeting and the desired feedback. Kristin explained that she wanted to understand the Commission's review of the design plan as it relates to the feedback already received in the previous stakeholder and public meetings. Kristin explained that this design is part of a larger West Town Center, and the decision to create a Main Street is a response to the Investment Plan. A physical and on-line survey has been conducted. Over forty members are included in the stakeholder group, and two stakeholder meetings have been conducted. Kristin explained that the approved Investment Plan identifies five (5) centers within the confines of Main Street. The Stakeholder meeting broke into five groups to study each of the five 'centers' in further detail, and the results were then presented to the entire group. Kristin highlighted each of the five 'centers' to the Planning Commission: Eastern Gateway (public entrance area), Lettuce Shed Lane (focal p estrian gateway), Season's/Sheraton Plaza (the vessel like gathering ar ra / eation Center Plaza (movement transitioning, entering space), and No gham P fk teway (connecting, entering, and performing area). Two design distinct themes were then presented: 'The heme me invoked a symbolic, playful, narrative, swirling nature. Storytellin n xperiential a `b f Theme A were presented with images on the PowerPoint pres ristin prese onceptual 3-D images of how the spaces might feel like at the ped tria Ms. Cypher presented the reasoning behind desi n Theme B, an n how it is more of a civic, geometric feeling option. Colors and t are a large art' this design theme, including an iconic, crisp form. The entranc th t and the entrance options were explained; either a straight shot from Avo oad, ;. be to ght hand turn onto Main Street off Benchmark Road after th a bend ro `' After the two design themes were r nteir to a sta der and public groups, a green sticker dot was offered to vote fo theme ref d. Written comments could also be left on the plans. The majority group mem e Theme A, while some elements of B were sought for the final q The miscella s general comments from the 7.9.08 stakeholder m 7.1 .08 'b eetings were presented to the Commission. In both meetings, W, S rred. � ComMA011Wner Evans a alne that the mg Commission is the design review board, and they a additional meeti ' s I be re ed prior to adoption. Eric Heidemann offered the w taff has envisioned th pt cess. Specifically, the Investment Plan has been approved, d n approved docume t the Planning and Zoning Commission. Much like the Lake St t n process, a dire ti was approved by the Planning and Zoning Commission and a fina ction docume as then approved by the Town Council. The item ned for missioner comments. Commission G an the review, and felt that a hybrid of Theme A and Theme B was ultimately the it . he vehicle pedestrian interface was a difficult subject, and vehicles should not be in ded on Main Street. He liked the tree connection along the Seasons building. His ncern was with the amount of commercial space introduced into the streetscape. Given the evolving conditions that will take place with tenants and building improvements along Main Street, Mr. Green feels that the interaction between commercial uses and the public realm must be addressed. Commissioner Green liked option A as it approached Nottingham Park, and also liked how some kind of water feature could gracefully drop down into the Park. He questioned what would happen in the areas of the future Town Hall buildings north and south in the interim period. Commissioner Roubos is in general agreement with all of the comments made from the public meetings. She asked about the art pieces and how those would be approved by the town. She also made comments and questioned if it is possible for this to be a vibrant place during the winter. Commissioner Struve commented that he preferred Theme B; and that it is a higher and better design. He stated that he would prefer any gateway to be pedestrian oriented. He commented that Boulders mall has an issue with trees overtaking the pedestrian mall. He wanted to ensure that this project would not have a similar issue. Commissioner Struve thinks that the greater public needs to be involved in this project, and not solely the immediate stakeholders. Commissioner Goulding commented how he appreciates the different design theme than the main streets seen in Eagle and Vail. He wanted to see vehicles removed from the Main Street area. He also wanted to understand how energy would ���w�,�!.s mt is area during the wintertime. He commented that snow melt is essential t9II,Iys:D�si_ ionina. Commissioner Prince stated that he appreciates both two. He stated that snow melt and environmentally aw Commissioner Evans wanted to see items that childrer stated that snow melt is essential to vehicular traffic on not in favor of vehicles on Main Street. IX. Harry A. Nottingham Park Master Plan Property Location: Tract G, Benchmark at Description: The Vail Architecture Group community charrettes and surveys. N a mixofthe oth rersHe nd is still Subdivi sion knas and rec mendations from the Discussion: Matt Gennett highlighted hat�ro d Shrugust and would present. The six primary zones of the park would be me it ht forioner feedback. On August 5`", a final plan will be presente t Commis o O5`", the final review with the Town Council will be held, prior nding off to Pedro Campos ex lained th ted to better understand the Commission's stance on existing/prop by zo a zone areas were highlighted individually in detail. Pedro ted Zo terminu Street. He explained that the continuation of som of path and vi I c nection Main Street through the Feld space would be a de en t to the park and h en con ered sacred by some. The interface between Lake r nd the park must be o linear and sweeping. Zo B, a lake edge along railroad, has potential for art placement along the fence line. In a the function is zone, additional lighting and formal seating areas can be incorpo this zone. Commissio7plaa e tioned if the railroad fence was pushed back as far as possible or not. Pedro ere is a substantial grade difference after the fence, and there is an agreement th the Railroad restricting a major variation from current conditions. Pedro presentedlfhe existing and envisioned conditions for Zone C, the playground, irrigation ditch, and group picnic and barbeque area. Zone D is the passive recreation space wrapping the entire north side of the lake. The edge of this zone must be defined, and care must be taken with the existing mature trees in this area. A new concept for the bike path in this zone will be presented in the final park plan. Mr. Campos stated that demonstration gardens could also be introduced in Zone D. Commissioner Evans felt that gardens of this nature should be co -located near the playground equipment. Zone E concepts include a small bandstand and possibly adding onto the existing pump house at the edge of the lake. The location of a 'main stage' is a moving target, and feedback is sought for this type of use and its possible location. Pedro continued to explain Zone F and its constraints. This area will undoubtedly be staged last, and therefore the schematic ideas are extremely preliminary in nature. A possible multi-purpose structure was envisioned by the consultant team. Commissioner Evans would like to see some iteration of the lighting standard started with the transit center continued into the park. Commissioner Roubos desired a softer entrance to the park off Main Street. Commissioner Goulding explained that the edge on the railroad tracks might need to be more permanent, possibly a structure of some kind, since there is nothing that is going to happen along this edge anytime in the near future. He also expressed the desire to see increased activity in the area where the existing pavilion is and the area inclul ed on north side of the field. O Commissioner Struve felt that the survey reflected the�ue value park, and leaving the park the way it is today. - has with the X. Avon 21 PUD Zoning Application — CONTINUED PU I ARING Property Location: Lots 21, 65A, 656, Tract O, and K-3, Block -'%%mark at Beaver Creek Subdivision / 62, 68, and 182 Benchm ar o 1;; Applicant/ Owner: Brian Judge, Orion Development Description: The applicant, Pedro Campos oft Vail Architect representing the owner of the property, EAH, LLC, is proposin anned Unit v pment (PUD) and a concurrent Preliminary Plan for Subdivisio on a evelopme site comprised of the properties listed above, which are currentl oned to (T ). The proposed PUD is envisioned to be a contemporary mixed -u ve me ivy ng retail space, office space, residential and lodging uses in thre di to be d on the site. This item was tabled from the July 1, 2008 meetin Discussion: Matt Gennett ex i the results m e last meeting. A letter from Lynn Morgan, Wildridge resident, ed by Staff an is now a part of the record. This is the forth meeting p ojec . Matt clar' a re a #1 been reviewed. The Staff report outlines the remai 11 review crit ' n' review f is application. Pedro Campos, representing the ow of the property, ex his un standing and desired outcome of this meeting. His ould like to hear from ommission regarding the 11 remaining criterion. , t ett started to intro c each review criteria, starting with Criteria #2. Commissioner Rou r an excerpt fro a East Town Center Plan as it relates to architectural theme. She feNOr' ive of flat roofs, and resulting box -like look of buildings, appears to conflicne place. Commead design recommendations from the East Town Center District Plan. Brian velopment, approached the podium to clarify what he heard regarding building height and what was being proposed. Commissioner Evans explained that if a developer came in to redevelop an existing Town Center lot, that the entire building could not approach 80'. Commissioner Roubos explained her concern with the box -like forms presented. Commissioner Prince also felt that the appearance was of a flat roof, even though there was a minimal roof pitch shown on the plans. Pedro explained that they were trying to produce a highly energized pedestrian experience with this project. Commissioner Struve felt that he was not seeing the intent of the East Town Center District Plan reflected in the building forms shown. Matt Gennett read Criteria #3: "Design compatibility with the immediate environment, neighborhood, and adjacent properties relative to architectural design, scale, bulk, building height, buffer zones, character, and orientation." Looking at surrounding development, there is no cohesive network of existing buildings. Commissioner Green felt that this project would have a significant impact on neighboring properties, and design compatibility is not the entire issue here. Commissioner Evans framed the review criteria. The Commissioners were in agreement that Criteria #3 is not applicable and/or this criterion is captured within Criteria #1 and #2. Staff highlighted Criteria #4, including uses, locations and densities envisioned. Staff would like additional clarification as to phasing, trip generation, and the traffic analysis since these items are directly related to this Criterion. Commissioner Green wanted to understand Staffsq�iewedinfu is criterion. For example, are the uses on the first level compatible to ring land -uses? Mr. Gennett responded that density, uses, and the increas Id also be looked at in detail as they relate to the possible future n onedeveI pr cts. A financial model must be reviewed before this criterion Pedro explained that his team is struggling with trtation Man that is currently underway and how it may or may not affect is team is concerned with this study. Mr. Gennett re -iterated that Criteria #5 is agreement. He continued to outline Criteri open space provisions designed to prq sensitive to natural features, vegetation an Given the lack of information re development, and the fact that largely be dealt with at a Commission. the review The stoners were all in building sign and location and I vd'opment responsive and ity of the community." , etc. presented at this stage of evelopment; this criterion would i by the Planning and Zoning less applicable, since the overall aesthetic value of ieof the other review criteria. All of the r not applicable or dealt with in other criteria. Nett presented C #7, theofansportation impacts this project may present. He e Commission to Engineering comments attached to the Staff report. This ould possibly be d I with at the next meeting. Commissioner Evans pointed out is received from niter Strehler, Public Works and Transportation Director, and stem in this a would match the current level. Chairman Evans felt that the above existing TC zoning could experience, should be accounted for s `� thi plication. nett p d Criteria #8, "Functional and aesthetic landscaping and open order optimize and preserve natural features, recreation, views and He mmented that these items would be discussed at a greater level during the Sketch Design and Final Design reviews. Commissioner Prince commented that it appears there is a limited amount of natural features. Commissioner Evans stated that representations are made for mature trees, but in reality those plantings are much smaller. How can we ensure that the plantings are what have been represented throughout the public process? Commissioner Goulding would prefer to see a full landscape plan to clarify the intent of the landscaping and open space provided by the proposed project. Matt Gennett presented Criteria #9, the potential phasing plan and its functionality. Commissioner Roubos questioned what would be provided by Stan Bernstein at the next meeting. Matt clarified that his presentation would focus on the financial implications of the proposed phasing, but there are other issues that need to be addressed in the interim. Commissioner Goulding wanted to ensure that current businesses are retained during the phasing and that the town is ensured that all phases will be complete — avoiding a Cascade ruins possibility. Commissioner Green would like to see a timeline to attach dates to all phases from beginning to completion. Commissioner Goulding clarified his comments and stated that he wanted a commitment from the applicant that if a phase is begun then it will be complete, and what are the public benefits provided at the completion of each phase. Matt Gennett presented Criteria #10, the adequacy of e c He commented that most of these comments have been provided to the ommissi 7 is or previous Staff reports. Matt clarified that the Water rights would be pr 'ded pr for t t acceptance. Commissioner Goulding asked that this criterion be cl ifi each iss `'t sur that the Commission can adequately find compliance. Ped os stated to of the comments presented by Public Works and Engineerin eptly being ssed and hopefully wil I be able to be resolved by the next meeting. Matt Gennett presented Criteria #11, the adequac of the roads a proposed by the PUD. Commissioner Green wanted to know roads and s ill be agreed to be provided by the developer for the benefit of o t Gennett r onded that it would be agreed upon with the Subdivision Improve nt Agr t a I to eview stage by Council. Matt Gennett presented Criteria #12, a Iia wit @ lic purpose provisions. Matt highlighted each subsection of this on. Co ission ans asked if the realignment of Main Street could be achieved it he need r ing and if so, would this truly be a benefit to the public and town. ennett resp a rmatively. Commissioner Evans contin ment that this criterion cannot be discussed without being able t t ncial Commissioner Goulding asked Staff to provide him with a cl ''"Uv re the U cation deviates from zoning. He wants this inform so that he c r6 rly asse need for public benefits. C arson Evans opene a Public mment portion of the meeting. Seeing that there o comments he close Public Comment portion of the meeting. Ac missioner Green ved to table, Commissioner Roubos seconded the motion and it pas nimously with vote. XI. Other Br None XII. Adjourn Commissioner Goulding moved to adjourn at 11:00pm. Commissioner Roubos seconded the motion, and it passed with a 6-0. Memo To: Planning and Zoning Commissioners u Thru: Matthew R. Gennett, Planning Manager C 0 LAVON 0 R A 0 0 From: Jared Barnes, Planner I� Date August 5, 2008 Meeting Re: The Gates Signage Introduction: Michael Mathews, representing La Jolla Construction and The Gates Residences, has provided Staff with a color rendering of the proposed sign superimposed on the building, as requested at the last hearing. As requested at the Planning and Zoning Commission's July 15, 2008 meeting, the applicant has also provided staff with a material data sheet. Staff has determined that the sign is acceptable and compliant with the intent of the Sign Code. Attached to this memo is the Staff Report from the July 15, 2007 Planning and Zoning Commision Meeting for review. Attachments: • Staff Report dated July 11, 2007 • Rendered Elevation with Proposed Signage • Sign Material Specification Sheet F:\Planning & Zoning Commission\Memos\2008\The Gates Signage Review 080508.doc TOWN OF AVON �^ SIGN DE AVON SIGN C O L O R A D O July 15, 2008 Planning & Zoning Commission meeting Report date Project type Legal description Zoning Address Introduction June 27, 2008 Building Sign Lot 1, Chateau St. Claire Subdivision PUD 431 Metcalf Road Michael Matthews, representing La Joya Construction and the owner of this property, is proposing one building mounted sign and building mounted address numbers.. The sign is of an oval shape and measures approximately two feet (2') by eight feet (8') and is proposed for the north (front) elevation of the building. The building mounted address marker sits ten inches (10") below the sign and is six inches (6") in height. The signs are to be made of PVC with acrylic cutouts for the language on the signs. Design Review Considerations According to the Town of Avon Sion Code, Section 15.28.070, the Planning & Zoning Commission shall consider the following items in reviewing this application: 1. The suitability of the improvement, including materials with which the sign is to be constructed and the site upon it is to be located. The materials for the proposed sign are appropriate and suitable for this project. Although PVC is not listed as a typical material for signage it does meet the intent of the code as it is a quality and durable material. The size of the sign, forty (40) square feet is appropriate given the size of the building it is to be affixed to. Please refer to the attached elevation drawing for exact sign location on the building. 2. The nature of adjacent and neighboring improvements. This property is located along Highway 6 and is between the Beaver Creek entrance roundabout and the vacant Folson Annexation parcel. There is not much existing signage with the exception of the Beaver Creek signs in the roundabout. The proposed signage is mounted to the bottom portion of the building and will only be seen along Highway 6. 3. The quality of the materials to be utilized in any proposed improvement. The Sign Code encourages "quality sign materials, including anodized metal; routed or sandblasted wood, such as rough cedar or redwood; interior -lit, individual Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 PRW Lot 1, Chateau St. Claire Subdivision, The Gates AypM July 15, 2008 Planning & Zoning Commission meeting Page 2 of 2 plexiglass -faced letters; or three dimensional individual letters with or without indirect lighting, are encouraged." As discussed earlier in this staff report, the proposed material is not on the list mentioned above, but should be a quality and durable material. 4. The visual impact of any proposed improvement, as viewed from any adjacent or neighboring property. The visual impact of the proposed sign should be minimal as viewed from adjacent and neighboring properties. 5. The objective that no improvement will be so similar or dissimilar to other signs in the vicinity that values, monetary or aesthetic, will be impaired. There should be no monetary or aesthetic values impaired with the proposed signage. 6. Whether the type, height, size, andlor,quality of signs generally complies with the Sign Code, and are appropriate for the project. The type, height, quality, and size of this sign comply with the Sign Code. The Sign Code does not specifically regulate the size of building mounted signs for multi- family residential projects, but it does regulate Residential Project Entrance signs. That portion of the code allows for freestanding signage that is not larger than thirty- two (32) square feet and eight (8) feet in height. This sign is building mounted and not freestanding and is slightly larger. Due to the size of the building and its lineal frontage the proposed sign does not appear to be out of context with the building as a whole. Staff feels that this sign is an approvable sign. 7. Whether the sign is primarily oriented to vehicular or pedestrian traffic, and whether the sign is appropriate for the determined orientation. The primary orientation of the proposed signage is to automobile traffic, which is appropriate given the location on Highway 6. Recommendation Staff recommends APPROVAL of the Sign Design application for The Gates on Lot 1, Chateau St. Claire Subdivision. Recommended Motion "I move to approve the Sign Design application for The Gates on Lot 1, Chateau St. Claire Subdivision, with to the following findings: 1. The sign design application meets the intent of the Sign Code, Title 15.28." If you have any questions regarding this project or any planning matter, please call me at 748.4413 or stop by the Community Development Department. Respectfully submitted Jared Barnes Planner I Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 AN -.4 ; W, ;Omm tri I ALLAN COMPC3SITES Material Safety Data Sheet Sintra 12.700 Standard Density Section I Manufacturer: Emergency Phone Number: Trade Name: Synonym. Section It Ingredients Polyvinyl Chloride Antimony Trioxide ('1 Lead Compounds " Calcium Carbonate Titanium Dioxide Section III Appearance and odor: Melting point: Sp. Gravity: Solubility' Product Identification 4ACAN Alcan Composites USA, Inc. 208 W. 51" Street, P.O. Box 507 Benton, KY 42025 (270)527-4200 1-800-424-9300 Chemtrec To be used only in the event of chemical emergencies involving a spill, leak, fire, and exposure accidents involving chemicals. Sintrag or Sintra0top Expanded PVC Sheet, Polyvinyl Chloride Sheet, Sintra 12.700 Standard Density Material Identification and Information Percent (%) (By wt.) 75-85 <3.0 <2.0 <5.0 <5.0 5-10 Physical Data Odorless, plastic sheet >350 OF 0.7 — 0.9 g/cm3 range Insoluble in water Occupational Exp. Limits (TWA) ACGIH (PEL) OSHA 10.0 mg/m3 15.0 mgWTotal i�1 5.0 mg/m3 Resp. (2) 0 5 Mg/M3 0.5 mglm3 0.15 mg/m3 0.05 mg/m3 10.0 mg/m3 15.0 mg/m3 Total 121 5.0 mg/m3 Resp. (2) 10.0 mg/m3 10.0 mg/m3 Total 121 5.0 mg/m3 Resp. (2) (1) Chemicals subject to the reporting requirements of section 313 of title III of the Superfund Amendments and Reauthorization Act of 1986 and 40 CFR Part 372. (2) Regulated as a nuisance dust or particulate, N.O.S. Page 1 of 3 Revised 02/08/07 ALLAN COMPOSITES 4 AI. GAN \, Materia! Safety Data Sheet Sintra 12.700 Standard Density Section IV Fire and Explosion Data Auto Ignition NIA Flash point: (ASTM D-1929) >700 °F Extinguishing media: CO2, dry chemical, or water spray. Special fire fighting procedure: self-contained breathing apparatus should be worn. Unusual fire and explosion hazards: PVC will burn in the presence of supported combustion, and will emit hydrogen chloride gas, benzene, water, carbon monoxide, carbon dioxide, and smoke. Section V Reactivity Data Stability: Stable Incompatibility: None known Decomposition products: Reference: "Unusual fire and explosion hazards", Section IV Section VI Health Hazard Data These products are not considered to be a health hazard in the form in which they are sold (sheet, panel). However, if these products are abraded, melted, welded, cut or processed in any manner that causes release of fumes or dusts, hazardous levels of fumes or dusts may be generated from this product. Effects of overexposure: Acute: Physical irritation of the eyes may result from overexposure to high concentrations of dust from certain fabricating operations. Repeated skin overexposure to antimony trioxide can result in skin irritations. Chronic. Repeated long term inhalation of antimony trioxide may cause inflammation of the upper and lower respiratory tract and/or fibrosis. Antimony has been determined by IARC as a Group IIB carcinogen. Studies have shown that workers exposed for long periods to high concentrations of respirable PVC dust may retain the dust in their lungs. There is no evidence of a toxic response associated with such PVC dust retention. Repeated long-term inhalation/ingestion of lead may lead to weariness, headache, severe constipation and colic. It has been determined that lead is a reproductive toxin. Page 2 of 3 Revised 02/08/07 ALCAN COMPOSITES Material Safety Data Sheet Sintra 12.700 Standard Density Special Precautions: Avoid prolonged inhalation of high dust concentrations and ingestion of material. Wash hands before eating, drinking or smoking. Wear proper eye and respiratory protection when working in areas of high dust concentrations. Care should be taken during thermoforming operations. When temperatures exceed 350 OF, decomposition of the material may occur. Emergency and first aid procedures: If contact with eyes, wash immediately under water for at least 15 minutes. For inhalation exposure, remove to fresh air. Contact a physician. Section VII Storage, Handling, and Disposal Data Waste disposal: Care must be taken when using or disposing of material debris to prevent environmental contamination. Dispose of the debris in accordance with the Clean Air Act, the Clean Water Act, the Resource Conservation and Recovery Act and all state or local laws / regulations regarding disposal. Storage and handling precautions: Store in a flat dry area Exercise caution in all thermal forming procedures. Section VIII Personal Protection Data Primary routes of entry are: Inhalation and ingestion Respiratory protection: An approved NIOSH/MSHA respirator must be used when engineering controls cannot be implemented to control dust concentrations. Reference OSHA 1910.134 for specific requirements. Ventilation: Local exhaust. Reference OSHA 1910.94 for specific requirements. Eye Eye protection must be worn when working in dust concentrations and during sawing or other operations which might cause flying debris. Reference OSHA 1910.133 for specific requirements. Protective glove: Gloves should be used to prevent cuts or abrasions. Page 3 of 3 Revised 02/08/07 TOWN OF AVON jT o SIGN DESIGN V C O L O R A D O August 5, 2008 Planning & Zoning Commission meeting Report date August 1, 2008 Project type Residential Project Entry and Building Signs Legal description Lot 12, Block 2, Benchmark at Beaver Creek Subdivision Zoning RHD Address 540 W. Beaver Creek Boulevard Introduction Daniel Ritch, representing Resort Ventures LLC and the owner of this property, is proposing one building mounted sign and one residential project entry sign. The building mounted sign is of an oval shape and measures approximately three and one- half feet (3.5') by six feet (6') or twenty one and one-half (21.5) square feet and is proposed for the north (front) elevation of the building. The residential project entry sign is constructed of Colorado sandstone with sandblasted verbage. The rock measures approximately five feet eight inches (5'-8") by eight feet five inches (8'-5") at its widest and tallest points. The rock also measures approximately eighteen inches (18") deep and the proposal plans to sink the rock two feet (2') into the ground resulting in a sign height of six feet five inches (6-5"). The dimensions of the Sandstone sign can be seen on pages four through six (4-6) of Exhibit B. The proposal also includes lighting for each sign. The applicant has proposed internal illumination for the building mounted sign and landscape lighting for the ground mounted residential project entrance sign. The applicant has not disclosed information about the proposed bulb for the residential project entry sign. Design Review Considerations According to the Town of Avon Sian Code, Section 15.28.070, the Planning & Zoning Commission shall consider the following items in reviewing this application: 1. The suitability of the improvement, including materials with which the sign is to be constructed and the site upon it is to be located. The proposal contemplates two signs, one building -mounted and the other ground mounted. The approximate total square footage for the project is twenty five and one-half (25.5). The sign area for the ground mounted sign is calculated by total square footage of the building mounted sign and the full extents of the verbage as seen on page three (3) of Exhibit B. Town of Avon Community Development (970) 7484030 Fax (970) 949-5749 Lot 12, Block 2, Benchmark at Beaver Creek Subdivision, Bel Lago August 5, 2008 Planning & Zoning Commission Meeting Page 2 of 4 AVON The subject property has approximately 80 feet of lineal frontage and Staff is of the opinion that these two signs will be more perceived area than is necessary. Although the Sign Code only cacluates sign area as the full extents of the verbage and emblames propsed, the perceived area will include the full extent of the sandstone rock as well as the building mounted sign. This perceived area results in fifty seven and one-half (57.5) square feet. 2. The nature of adjacent and neighboring improvements. Residential projects in the neighborhood typically have one residential project entrance sign, and no building mounted signs versus commercial residential projects that have both. This can be seen on the numerous projects along West Beaver Creek Boulevard. Staff is under the opinion that a building mounted sign is redundant and does not accurately represent the soley residential use that is allowed by the underlying zoning. Staff recommends that the residential project entrance sign be approved, but the building mounted sign not be approved due to its lack of compliance with the nature of similar and adjacent improvements. 3. The quality of the materials to be utilized in any proposed improvement. The Sign Code encourages "quality sign materials, including anodized metal; routed or sandblasted wood, such as rough cedar or redwood; interior -lit, individual plexiglass -faced letters; or three dimensional individual letters with or without indirect lighting, are encouraged." The proposed building mounted sign material appears to be compliant with the Sign Code as it proposes a reverse pan channel aluminum sign. The residential project entrance sign's sandstone material is not called out as an acceptable material, but Staff is of the opinion that the sign has a quality and durable material and complies with the code. 4. The visual impact of any proposed improvement, as viewed from any adjacent or neighboring property. The proposal impacts the neighboring properties. The amount of signage proposed does not fit in with the neighboring properties, as a residential project entrance sign is the most signage a neighboring development contains. The project also proposes lighting for each sign. Since the subject property is located within a residential neighborhood there is a limited amount of lighting that eminates from each lot. Generally, the ground mounted signs for the neighboring properties have no lighting. The building mounted sign will not blend in with the neighboring developments as they have neither a building mounted sign or illumination. Staff is of the opinion that this sign should not be approved due to its lack of congruency. The residential project entrance sign does fit in with the character of neighboring properties and also proposes lighting. Staff has been provided with a light fixture that appears to be code compliant. The applicant has not provided Staff with a proposed bulb and Staff recommends that a low wattage bulb is used so that the light only shines on the sign area and does not emit beyond the sandstone rock. Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Lot 12, Block 2, Benchmark at Beaver Creek Subdivision, Bel Lago August 5, 2008 Planning & Zoning Commission Meeting Page 3 of 4 ho S. The objective that no improvement will be so similar or dissimilar to other signs in the vicinity that values, monetary or aesthetic, will be impaired. There should be no monetary or aesthetic values impaired with the proposed signage. 6. Whether the type, height, size, and/or quality of signs generally complies with the Sign Code, and are appropriate for the project. The Sign Code regulates signage allowed for residential developments with the residential project entrance sign language that follows: Residential project entrance signs are permitted; provided that: a. One (1) sign, located adjacent to the primary entrance, not to exceed thirty- two (32) square feet in area and eight (8) feet in height; b. One (1) sign per secondary entrance, not to exceed sixteen (16) square feet in area and eight (8) feet in height. The proposed sign appears to conform to the regulations as it will only be six feet five inches (6'-5") in height, thirteen and onle-half (13.5) square feet in sign area, and thirty six (36) square feet in total rock area. The project entrance sign does violate the setback requirements of the sign code. The code requires a minimum setback of ten feet (10') and the proposal only provides a setback of six feet (6') from the property line. Staff believes that the setback encroachment can be allowed since there is nearly thirty feet (30') from the sign to the current edge of asphalt. The Sign Code does not contemplate building mounted signs on residential projects. As stated earlier in this report, Staff is of the opinion that a building mounted sign on residential developments do not meet the intent and character of multi -family residential projects in this neighborhood. Building mounted Residential signs are generally limited to commercial projects such as Avon Center and The Sheraton Mountain Vista. 7. Whether the sign is primarily oriented to vehicular or pedestrian traffic, and whether the sign is appropriate for the determined orientation. The primary orientation of the proposed signage is to automobile traffic, which is appropriate given the location on West Beaver Creek Boulevard. Recommendation Staff recommends CONDITIONAL APPROVAL of the Sign Design application for Bel Lago on Lot 12, Block 2, Benchmark at Beaver Creek Subdivision. Recommended Motion "I move to approve the Sign Design application for Bel Lago on Lot 12, Block 2, Benchmark at Beaver Creek Subdivision, with the following conditions: The building mounted sign is not approved with the finding that it does not conform with the specifications of a Residential Sign and conflicts with Criterion 2 and 5; and Town of Avon Community Development (970) 748.4030 Fax (970) 949-5749 Lot 12, Block 2, Benchmark at Beaver Creek Subdivision, Bel Lago August 5, 2008 Planning & Zoning Commission Meeting Page 4 of 4 AVON 2. The lighting for the residential project entrance sign is of a low wattage and subject to approval by Staff. and subject to the following finding: 1. The sign design application meets the intent of the Sign Code, Title 15.28." If you have any questions regarding this project or any planning matter, please call me at 748.4023 or stop by the Community Development Department. Respectfully submitted n J Barnes Planner Exhibits: A. Vicinity Map B. Letter, site plan, and picture from the applicant Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Vicinity Maps - Lot 12, Block 2, BMBC Exhibit M.", J�• *� wi li� 9 ". _• .. i� v a �i7 r(f `... r, >i..�.•��. y.. e � d�'� a A. }.�. y r VIQ Air- ' .....� CTTINGHAM R �. K > e— Residential streets i AYO N Property Boundaries �^ pamn migom�a �rvnl Ag ,rt'd&»a ml wananiln+ 0 SS 110 . _—. .vomer comnnn0o v..�w+^'t'wemni Exhibit B Creekside Mountain Properties, Inc. 175 Williams St., Suite 204, Minturn, CO 81645 970-827-9300 office 970-827-5414 fax Daniel(Mcreeksidema.com Attention : Avon Community Development and The Planning & Zoning Commission of Avon From : Daniel Ritsch , Resort Ventures LLC (970-390-0086) Date : July 23, 2008 RECEIVED Regarding : Bel Lago sign application Total pages: 13 JUL 2 3 2008 Community Pavglopment To the Staff and Commission of Avon, Please find enclosed renderings, photos and examples to convey my intentions for the building and monument signs for Bel Lago. Signage "A" - Monument sign Signage "A" can be best understood with the "Example" on page 1. We like the idea of a monument stone primarily because we feel it reflects the character of the building, has substance and mass, blends well into the surrounding landscape, matches the building's stone veneer and is almost timeless in its character, requiring very little maintenance. Page 2 represents where on site it is to be located, how the lighting is to be cast and how the sign itself is to be buffered with landscaping. We wish the stone to face the Beaver Creek Boulevard, with etching only on the street side. Page 3 represents the lettering and general dimensions. Pages 4-6 represent "Stone #1", photos of the actual stone that we wish to use. Of all the stone previewed, it most closely matches the building's stone veneer and has enough thickness to give a balanced mass. It is roughly 5'x8' in dimension. When mounted vertically, will give enough depth to structurally support the stone in a concrete bed and cover with top soil to a total depth of about 2'. The overall above grade dimensions would then be roughly 5'x 6' with shrubs further buffering the bottom 1', giving a finished visual signage space of about 5'x5'. If this is larger than what Avon would like to see we can further bury the stone, mount it horizontally or further buffer with landscaping. I would like to respectfully add that the grade where the stone will be placed is roughly 3' lower than Beaver Creek Boulevard, requiring some height for it to be seen from the street and thus our reason for placing the stone vertically. Pages 7 & 8 represent optional stones #2 & #3. They are much smaller and will also require burying, but have been provided as an option if Avon would prefer the monument to be of a smaller scale. Signage "B" — Building sign • Signage "B" can be best understood with the example on page 9. Our intention is to have a recognizable logo for the building to, potentially, be carried to other components of the property; such as interior building signage, staff uniforms, linens, shuttle van signage and possibly even stationary. We feel the oval shape of the logo reflects the curvature of the roof and is to have a "soft glow' when illuminated. The aluminum backing will have a brushed finish with the neon lighting being completely hidden behind both the lettering and oval boarder, washing light out onto the aluminum background. The stone veneer, where the logo is to be mounted on the building, has been held back for you to preview prior to approval. Respectfully, 1 thank you for your time and consideration. SincP ely, ; • Daniel Ritsch (970)-390-0086 cell phone 40 .t 4 ajil S . iy. . '*i '� 4'' .-i• � /Try •«�i y. J � M K yT 5' � 1. ' <�' 1�1' `•ir�."p�i�p�,! �- Irl .t .. +. Y� t _ r `fit•. F� �-' + } .�.rF.-' . j \{.i+v h,; r �' i t j'q • aR."v M �7c fix.:.. {sg ' �:. d s� ..t t/c. .R �. t I..; I jj of%e F A MA &.%a t iA f I f s.ar 4 sL Q 0 O (Z cn N C � D (n O _ s1. O -C O _ U O — o U O oQ- � � O p Vin° U O U : C O C I U � � p p + C � 4 W `At Y"^ t t' t yt Z W r -_ r,. -n '.1 r�.', �. +W �.. t Yi :. �• ._ �� ,11 0 ,;� � r .; �� �. _ r� ,L$. y ,<. y+',,,ry.�. r ��� r.. -`�0'+" �BJwLB 51e1/JAC1E "15" size - 74-w x 42"h .: 21.5 sq. ft. qty - 1 pc :: single sided materiof- reverse pan -channel logolborder colors - dark brown (to match flashing) fiie.nome - bel.lago/20081ext.ai All designs & concepts are the property of Impact Graphics & Signs and cannot be used without written consent. 09 •r Fax : OZ6 9399 0210 Edwards Village Edwards, CO �QI G s 11 • U • ¢"Pact graphics 06.09.08 Daniel Ritsch Creekside Mtn. Properties Angelo Veraldi Daniel - Here is the info :: layout for the sign you need: size :: 74"w x 42"h qty :: I pc mat.:: reverse pan -channel logo & border. alum. plate backing colors :: black logo & border, met- alum. backing cost .. $ 2090.00 + tax & installation . neon 2926.00 + tax & instaa af�i1 $ 85.00 ea :: templates color match :: $ 60.00 design :: $ 180.00 stall :: $ 85.00 man hr.:: est. 3-4 hrs $ 250.00 :: flat rate for bucket truck if needed (X final electrical connection not included) Please review this and let me know how you'd like to proceed. If you have any questions or concerns, please contact me. If you would like to approve this proof or make any changes, please complete the form at the bottom and return via the email button included. 827.7422 daniel@creeksidemp.com I 1 /4"brushed loom. backing plate revenepan-channel logo & border wall 74" accesspanel 42" 25.7" remote transformer Wind studs for mounting Thanks - Angelo 10 In order to ensure the best service for our customers, we ask that you complete this pre -production checklist. If it is correct mark yes, if it is not mark no. Errors & their correction are the customers responsibility once signed -off on YES NO N/A YES NO N/A corrections:: layout (' ("' (" colors size C C ( quantity material C C C installation C C C spelling C f C Proof. Specifications and Terms & Conditions accepted by email completed form C as submitted C w/changes C new proof ,v Here 201IBA1-23 10.ag a) j All concepts & designs are the property of IGS and cannot be used without our written consent 1 r • Box 2574 1 G S t • � p tgraphics sig VY � ?�61 G s o"t graphics. signs Impact Grohphics & Signs (IGS) would like to thank you for the opportunity to design and manufacture your sign project In order to serve you better, please review our Terms & Conditions. If you have any questions or concerns, please feel free to contact us. Angelo Veroldi :: angelo@igsvoil.com Fred Mc/oota :: fred@igsvoAcom PROOFS I QUOTES:: IGS will prepare proofs for review prior to your approval for production - all proofs / quotes are good for 30 days. If you decide not to move forward with the sign project, you will be billed for the design and administrative time involved to prepare said proofs. Please review your proof for accuracy of spelling, colors, size & content Once signed -off on, errors & their correction are the customers responsibility. Images shown are representations only. The proportions. colors and clarity may vary on actual product, depending on method of fabrication. If you are unsure of anything, please call to discuss. DESIGN.-. In order to minimize art & design charges; logos, artwork or layouts must be provided in a preferred format such as those listed below. There will be a minimum design / handling charge of $ 15.00 per job, plus any additional time required for revisions or manipulations to prep logos / files for production based on our hourly rate of $ 85.00. All designs & concepts are the property of IGS and cannot be used without written consent. Preferred Formats :: Adobe Illustrator (at, .eps - create oudmes for fonts), Corel Draw -version 12 (cdr), Window Metafile (wmfi Digital -Printing Formats Only.. Adobe Photoshop (psd), jpeg & tiff files. Modifications to these types of files are time consuming and will be based on our hourly rate. Resolution must be a minimum of 150 dpi at actual size. Please contact us for details on image size & resolution. or any other questions yoy may have. Unacceptable Formats :: internet or web files, gift, prig's INSTALLATION:: IGS will install all signs at a rate of $ 85.00 per man, per hour If a lift or crane is required, we will provide a written estimate. Posts and miscellaneous hardware will be additional and calculated at the end of the installation, unless otherwsie noted. PERMITS:.- It ERMITS::It is the sole responsibility of the customer to be aware of and apply for any necessary permits, or to obtain approval from Property Management, Associations, etc. IGS will provide drawings, photos & specifications to facilitate this process for a fee of $ 180.00- PAYMENT:: 80.00.PAYMENT:: All signs under $ 400.00 will be COD. Signs over $ 400.00 require a 50% deposit payable by cash, check. Visa or MasterCard. Taxes and shipping are not included in pricing. Work will not begin until a signed approval & deposit is received or ocher arrangements have been made. PRODUCTION TIME:: We do our best to expedite your project. Custom signs can take from seven to twenty (7-20) working days, depending on approved product, from receipt of deposit This does not include the time involved in preparing a proof / quote for your approval. If you need your signs sooner, let us know and we will do what we can to accomodate you. Rush charges may apply. GUARANTEE:: All products / installations are guaranteed for one (1) year against defects in materials, under normal conditions. 11 I G 5 impact wo—L . signs Staff ReportAVON ,_...,r Sketch Design C0 L 0 R A DD August 5, 2008 Planning & Zoning Commission meeting Report date August 1, 2008. Project type Single Family Legal description Lot 83, Block 4, Wildridge Subdivision Zoning PUD — Duplex Address 5729 Wildridge Road East Introduction The applicant, Kathy Langenwalter, has submitted a Sketch Design application for a single-family residence on Lot 83, Block 4 of the Wildridge Subdivision. Access to this property is off of Wildridge Road East. The proposed home is to be comprised of two levels and will have an attached three car garage as depicted on the plans. The proposed building uses stucco as an exterior building material that is accented with small amounts of stone. Included in the attachments are a vicinity map (Exhibit A) and a reduced plan set with a preliminary site plan, preliminary floor plans, and preliminary elevations (Exhibit B). Staff Comments The existing zoning on the subject lot is PUD and it allows for two dwelling units. This proposal only intends to utilize one of those development rights which is allowed under zoning. The property is accessed off of Wildridge Road East with a drive that intersects the roadway on the eastern portion of the lot and cuts west across the lot to the garage. Since this is a Sketch Design only preliminary site designs are required. From the drawings provided Staff has concerns about the driveway's design at it presently does not seem to meet the maximum grade requirements for the first twenty feet (20') perpendicular to the roadway and the garage. Staff recommends that at the time of Final Design Submittal, the applicant provide spot elevations to demonstrate that the driveway meets the requirements of the Design Guidelines. The proposal conflicts with the Design Guidelines as it depicts boulder retaining walls that extend beyond the property boundary. The Guidelines require that all Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Lot 83, Block 4, Wildridge Subdivision Sketch Design , August 5, 2008 Planning & Zoning Commission Meeting Page 2 of 3 The proposed residence has a height of thirty four feet (34') and predominately uses stucco as an exterior building material. The Zoning Code defines Lot Setbacks and specifically states that no building projections shall be permitted into required lot setback areas, either above or below grade. The proposed design contains roof overhangs that encroach into the eastern side lot setback. Staff recommends that the proposed design be altered to ensure all building projections are fully contained within the building envelope. The Design Guidelines state that each building must use a minimum of two materials. The proposed design does use two building materials on the exterior walls, stucco and stone. The Guidelines go on to state that the appropriate use of predominantly indigenous building materials such as native stone, wood siding, and timbers is encouraged. It appears that the applicant has used mainly stucco and only a minor amount of stone on the exterior walls. Staff recommends that a greater variety of building materials be used to properly comply with the above mentioned sections and the rest of the Residential Building section of the Design Guidelines. The Conceptual Landscape plan appears to meet the minimum requirements of the Design Guidelines. The evergreen trees are a minimum of six feet (6) tall, the deciduous trees are a minimum of two inch (2") calipers and the shrubs are a minimum size of five (5) gallons. In order to ensure compliance the applicant will need to revise the drawings for Final Design Submittal to include a landscaping table as outlined in the Design Guidelines. The proposed design also contains two locations for retaining walls. On the southwest side of the driveway the applicant is proposing a concrete retaining wall and on the northeast side of the driveway the applicant is proposing a boulder retaining wall. in both instances the applicant has not provided staff with the height of the retaining walls. Staff recommends that the applicant provide a top of wall and bottom of wall USGS elevation for various points along the wall for a Final Design Submittal, Design Review Considerations The Commission and Staff shall evaluate a Sketch Design application utilizing the following general criteria: A. The conformance with setbacks, massing, access, land use and other provisions of the Zoning Code. B. General conformance with Residential Development Sections A through D of the Town of Avon Residential, Commercial, and Industrial Desion Review Guidelines. The Commission will take no formal action on this Sketch Design application. Rather, direction on the design will be given to the applicant from Staff and the Commission to incorporate into the Final Design application. Town of Avon Community Development (970) 748.4030 Fax (970) 949.5749 Lot 83, Block 4, Wildridge Subdivision Sketch Design August 5, 2008 Planning & Zoning Commission Meeting Page 3 of 3 A VON • If you have any questions regarding this project or any other planning matters, please call me at 748-4023, or stop by the Community Development Department. r1 U • Respectfully submitted, Jared Barnes Planner I Attachments • Aerial Vicinity Map • Reduced Plans Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 * '.m - Ul N 43) CL j5 { - ` Q le rod � O tl1 = t? - a � c @ D / / it c- ao 79 Z9 V \ ..,, : ;``"eS ��'�',"'• '`�riq l4 f 11`t.•. 1': �� �'x ' k •" r ryy; ,., \ [rw r7 ' � � � '� :� 5,x..5 • 1 c,�' f.a � fit•, a � � '•',C' r+ {� �, ' tn ov IN \ .;�` ,�. t ?r' fq %'* .• :'r � °4;,; � �i., , � � r., \ 1, /"� � t ➢i...?�'. �� M i � i� "��1 � ��;i' � i !�'�' "F •i1 k i%�� yy)1 J`i�' �N �f,.`!'Y1A\ ` 4 i '` Lp,� rM S• ^` ,n � �� � (', r`*y�.• }:-.,. IST•,. 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' Roof Edge uffi-vj �t tkoll(i umoo i m I 0_ l c 0 W U) ` N o ^ ° Town of Avon P' Design Modifications �yQ C 0 L 0 R A D 0 Commercial Staff Report August 5, 2008 Planning & Zoning Commission Meeting Report date: July 28, 2008 Project type: Exterior Modifications Legal description: Lot 23, Block 1, Benchmark at Beaver Creek Subdivision Zoning: IC — Industrial/Commercial Address: 810 Nottingham Road Introduction: The applicant, Mark Donaldson, is proposing exterior modifications to the Ruggs Benedict building. The proposed modifications are on all four elevations, with the majority of the work proposed on the South and East elevations. The entire exterior of the building would be repainted with two new colors: "Buckram Binding" and "Portrait Tone". The proposal would introduce new roof elements, and new building materials such as wood accenting, asphalt shingles on new roof forms, fieldstone base elements, and tile siding. Attached to this Staff Report is a Vicinity Map (Exhibit A), and the applicant's submittal (Exhibit B). Design Approval Criteria: According to Section 7 from the Residential, Commercial, and Industrial Desian Guidelines, the Commission shall review all design plans utilizing specific Design Standards, and by using the following general criteria: 1. The conformance with setbacks, massing, access, land use and other provisions of the Town of Avon Zonina Code. This application, as presented in "Alternate Option", meets all applicable provisions of the Town of Avon Zonina Code. The existing structure contains parts of the building that extend beyond the setbacks and property lines. This instance is preexisting and nonconforming, and would be required to be brought into conformance at such time the building changes uses or is enlarged. The first option presented would violate the setback requirements by extending the structure into the front yard 25' setback. 2. The general conformance with Goals and Policies of the Town of Avon Comprehensive Plan, and any sub -area plan which pertains. Lot 23, Block 1, Benchmark at Beaver Creek Subdivision — RUGGS BENEDICT 'RW p August 5, 2008 Planning & Zoning Commission meeting Page 2 of 7 The property is located in District 11: Metcalf Road District, and is labeled as a Medium Priority District. The Town of Avon Comprehensive Plan uses planning principals to ensure visually appealing design and the screening of service areas through architectural design or landscaping. One of the planning principles relevant to this application is "require development and encourage existing development to add architectural or landscape screening of storage areas, HVAC equipment, loading docks, and trash containers." Staff finds this application in general conformance with the Comprehensive Plan. 3. Whether adequate development rights exist for the proposed improvements. The planned improvements do not impact the development rights for the property. 4. The Design plan is in general conformance with Sub -Sections A through D of the Residential, Commercial, and Industrial Desiqn Guidelines. A. Site Development: The proposed modifications alter the site design by providing roof overhangs and stone bases. The existing dumpster will be removed from the site. All of the proposed modifications are located within the setbacks and property lines. The Guidelines do require that building entries be treated with special design emphasis, and it appears that the proposed modifications should help provide this special design emphasis. B. Building Design: The Commercial Desiqn Review Guidelines state that all sides of a building "should receive equal architectural treatment." The proposed modifications are primarily applied to the South (Nottingham Road) and East (Metcalf Road) Elevations. Improvements to the North and West Elevations are limited to a color change, and wood trim around the existing windows. The Guidelines also regulate the use of colors, as they should be of an earth - tone, and should not have a light -reflective value (LRV) greater than sixty percent (60%). The proposed colors are all natural earth tone colors and comply with the guidelines. The Buckram Binding has a LRV of 60%, the lightest approvable color, and Portrait Tone has a LRV of 35%. The Guidelines state that the no single wall plane should exceed seventy percent (70%) of the elevation of any exposure and that all sides of the building should be treated with equal architectural interest. Although the West Elevation does contain two (2) separate wall planes, neither of the planes have as much architectural interest as the other sides of the building. C. Landscaping: The applicant is proposing to remove an existing pine tree located at the southeast corner of the subject property, nearest the intersection of Metcalf and Nottingham Roads (see Exhibit B for photograph). Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Lot 23, Block 1, Benchmark at Beaver Creek Subdivision — RUGGS BENEDICT 7 August 5, 2008 Planning & Zoning Commission meeting Page 3 of 7 AYUI The applicant is proposing to replace this tree with four (4) new eight foot (8) tall pine trees in the same area. Although the existing tree is mature the new trees, over time, should provide a greater level of screening. D. Miscellaneous Items: A sign application will be required for any modified exterior building signage and/or lighting. At building permit submittal, a lighting plan is required. 5. The compatibility of proposed improvements with site topography, to minimize site disturbance, orient with slope, step building with slope, and minimize benching or other significant alteration of existing topography. This application is compatible with the site topography, without the need for significant alterations. 6. The appearance of proposed improvements as viewed from adjacent and neighboring properties and public ways, with respect to architectural style, massing, height, orientation to street, quality of materials, and colors. The appearance of the improvements and the building, from neighboring properties and public ways, would benefit with the approval of this application. While the massing, height, and orientation of the building remain unchanged, the quality of materials introduced to the building and the new color palette will undoubtedly improve the appearance of the building. As stated above, the lion share of the improvements are to the South and East elevations, which are the elevations that receive the most exposure to the public ways. While the improvements to the West and North elevation are minimal, they will benefit the appearance as viewed from neighboring properties. 7. The objective that no improvement be so similar or dissimilar to others in the vicinity that monetary or aesthetic values will be impaired. No monetary or aesthetic values should be impaired or otherwise lowered with the planned improvements. 8. The general conformance of the proposed improvements with the adopted Goals, Policies and Programs for the Town of Avon. This project is in general conformance with the adopted Goals, Policies, and Programs for the Town. Recommendation: Staff is recommending Conditional Approval of the building improvements proposed for Lot 23, Block 1, Benchmark at Beaver Creek Subdivision. Recommended Motion: "I move to APPROVE the "Alternate Option" building improvements for Lot 23, Block 1, Benchmark at Beaver Creek Subdivision with the following conditions: Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Lot 23, Block 1, Benchmark at Beaver Creek Subdivision — RUGGS BENEDICT `'° August 5, 2008 Planning & Zoning Commission meeting Page 4 of 7 m 1. Any modified signage will require approval of a Sign Application and permit; 2. Except as otherwise modified by this permit approval, all material representations made by the applicant or applicant representative(s) in this application and in public hearing(s) shall be adhered to and considered binding conditions of approval; With the following finding: The proposed modifications meet the intent of Sections A — D of the Town of Avon's Residential. Commercial and Industrial Design Review Guidelines. If you have any questions regarding this project or any planning matter, please call me at 748.4023 or stop by the Community Development Department. Respectfu submitted, Matt Pielsti r Planner II Exhibits: A. Vicinity Map B. Reduced copy of the Applicant's Submittal South Elevation from Nottingham Road Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Lot 23, Block 1, Benchmark at Beaver Creek Subdivision — RUGGS BENEDICT 7 August 5, 2008 Planning & Zoning Commission meeting Page 5 of 7 AVON Nest Elevation (southern half) West Elevation (north half) Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Lot 23, Block t, Benchmark at Beaver Creek Subdivision — RUGGS BENEDICT August 5, 2008 Planning & Zoning Commission meeting Page 6of7 'm forth Elevation North Elevation Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 • • • Lot 23, Block 1, Benchmark at Beaver Creek Subdivision — RUGGS BENEDICT August 5, 2008 Planning & Zoning Commission meeting Page 7 of 7 Q East Elevation (south half) Town of Avon Community Development (970) 748.4030 Fax (970) 949-5749 Vic Ay Map - Lot 23, Block 1 3MBC Exhibit A- ��"�:;� ��rar��► ter' . ;��,�r 440 V01,9f' lot 4 •ei� �r �'r ,�a • Nim l n..Y edC7:i; t � TRW., e—Residential Streets AVO N da X w es Property Boun ri Exhibit B Ruggs Benedict Proposed Colors WOOD STAIN MOORWOOD 'Natural Cedartone' 081 45 OWENS CORNING 'Tudor' Old Country Fieldstone • PAINT Sc� 003 �Y-�AM �u.►®IaU� ROOFING GRAND MANOR 'Brownstone' WINDOWS / DOORS • SIERRA 'Harvest Cranberry' Clad MOORWOOD 'Rustic Fruitwood' 081 58 a � d, ARIZONATIt_E 'Mocca Juparana' Santa Fe Collection Black Annodized r_ ti `d7 `yt A p o 0 0 EE .ra II II III i JJ G O N m N M CON O D O U N IIII III OZ9LS 00"01OO `NOnd .L"'- •n Cd •n z ) 1 g` x o � -o �' QVON WVHJNllLON OLS � " o�ix �' 13I03N38 S99(lS z I— ea Q Q ' lilt. .1111` r LI `I 1 r All - x - \ q :l i a ix O 0 LL r� Q OM9 OaVU01OO'NOAV GVOH MHON111ON OLO 13103N39 SQUOS I tip oil Hu 1111. 11'1 dvb8 MkOW1110N M 10I03N39 SODOM 1 1 r 1 11 1 1 11 1 11 11 1 1 I � 1 I tx 8 Y 91 a a 0 J U- i v w yj�Dov oa _ z � o U w E Q o 0 1111. 11'1 dvb8 MkOW1110N M 10I03N39 SODOM 1 1 r 1 11 1 1 11 1 11 11 1 1 I � 1 I tx 8 Y 91 a a 0 J U- i p� ti o 0 o E acs IIII�IIIIIIIII O O NO O N C'r) t0 N O U.8� ao .ems cid .� OZM 0(1"0103 'NOAV '-' x o .� M �' OVOU WHHONIlLON OLO ��m �,' 13I03N38 S99(lb Z � `�' m O O .L ... � E 0 6 � IIII�IIII�IIiI 0 rpt Z O j y b w I flit HI F! I LU qp� � a -* R 4i I On s O b LU i— Town of Avon �% Design Modifications AVON C 0 L 0 R A D 0 Residential Staff Report August 5, 2008 Planning & Zoning Commission Meeting Report date: August 1, 2008 Project type: Exterior Modifications Legal description: Lots 12 & 13, Block 3, Wildridge Subdivision Zoning: PUD — 2 Dwelling Units per Lot Address: 4080 & 4090 Wildridge Road West Introduction: The applicant, Michael Hazard, is proposing exterior modifications to an approved Final Design for the two (2) duplexes at the corner of Little Point and Wildridge Road West. The proposed modifications are limited to the placement ofwindows, doors, and building materials on all elevations of each duplex. Attached to this Staff Report are a Vicinity Map (Exhibit A), Letter from the Applicant dated July 16, 2008 (Exhibit B), and Proposed elevations, Site Plan and floor plans for both lots (Exhibit C). Background: At the Planning and Zoning Commission's November 20, 2007 meeting a Final Design Application was approved for the subject lots. Recently, the applicant and owner had submitted Building Permit plans that reflected the proposed unapproved modifications. Staff informed the applicant and owner that these modifications would need approval from the Planning and Zoning Commission since they varied from the approved plan sets. Due to the amount of deliberation that took place during the Design Review phase, Staff preferred to have these proposed modifications reviewed by the Planning and Zoning Commission rather than approving them at a staff level. Staff contemplated having the applicant bubble in the modifications from the approved plan sets, but felt some of the modifications were minor and the entire elevations should be reviewed. It appears that the proposed modifications meet all of the requirements of the Zoning Code and the Design Review Guidelines. Design Approval Criteria: According to Section 7 from the Residential. Commercial, and Industrial Design Guidelines, the Commission shall review all design plans utilizing specific Design Standards, and by using the following general criteria: Lots 12 & 13, Block 3, Wildridge Subdivision —Courtyard Villas A August 5, 2008 Planning & Zoning Commission Meeting Page 2 of 3MR 1. The conformance with setbacks, massing, access, land use and other provisions of the Town of Avon Zonina Code. The proposed modifications do alter the height of the building, but do not effect the approved design's compliance with all applicable provisions of the Town of Avon Zoning Code. The approved design does contain parts of the building that abut setback, but no encroachments exist. The modifications to alter heights throughout the two (2) duplexes but in all cases.the heights are not varied more than one (1) or two (2) feet and still are below the thirty-five foot (35') height limit. 2. The general conformance with Goals and Policies of the Town of Avon Comprehensive Plan, and any sub -area plan which pertains. The property is located in District 24: Wildridge Residential District, and is labeled as a Low Priority District. The project complies with the Town of Avon Comprehensive Plan. 3. Whether adequate development rights exist for the proposed improvements. The proposed modifications do not impact the development rights for the property. 4. The Design plan is in general conformance with Sub -Sections A through D of the Residential. Commercial, and Industrial Desian Guidelines,. A. Site Development: The proposed modifications only alter the site design by providing an enhanced entrance for each half of the duplexes. The proposed modifications provide additional roof area that will cover the entrances. It appears that all of the proposed improvements are compliant with the Site Development criterion of the Design Guidelines. One of the conditions of approval from the Final Design review was that the proposed horizontal stand pipe be designed and stamped by a Colorado Registered Professional Engineer. As seen in the proposed plan sets the applicant still has yet to fulfill this condition. Staff would recommend that this condition of approval be restated with the approval of this application. B. Building Design: The proposed modifications do not alter the character of the approved design but only alter the location and types of windows and doors as well as alter the location of building materials. The materials and colors are identical to the approved Final Design but in instances a greater amount of stucco or wood siding was applied to an elevation. Therefore it appears that this section of the Design Guidelines is complied with. C. Landscaping: ,There are no proposed changes to the Landscaping Plan and it complies with all of the requirements of the Design Guidelines. 5. The compatibility of proposed improvements with site topography, to minimize site disturbance, orient with slope, step building with slope, and minimize benching or other significant alteration of existing topography. Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Lots 12 & 13, Block 3, Wildridge Subdivision — Courtyard Villas August 5, 2008 Planning & Zoning Commission Meeting Page 3 of PON This application is compatible with the site topography, without the need for significant alterations. 6. The appearance of proposed improvements as viewed from adjacent and neighboring properties and public ways, with respect to architectural style, massing, height, orientation to street, quality of materials, and colors. The proposed changes will not alter the improvements when viewed from adjacent properties. As stated earlier the architectural theme is consistent between this proposed modification and the approved Final Design. 7. The objective that no improvement be so similar or dissimilar to others in the vicinity that monetary or aesthetic values will be impaired. No monetary or aesthetic values should be impaired or otherwise lowered with the planned improvements. 8. The general conformance of the proposed improvements with the adopted Goals, Policies and Programs for the Town of Avon. This project is in general conformance with the adopted Goals, Policies, and Programs for the Town. Recommendation: Staff is recommending Approval of the building improvements proposed for Lot • 12 & 13, Block 3, Wildridge Subdivision. Recommended Motion: "I move to approve the building improvements for Lot 12 & 13, Block 3, Wildridge Subdivision subject to the following finding: The proposed modifications meets the intent of the Town of Avon's Residential. Commercial and Industrial Desian Review Guidelines." If you have any questions regarding this project or any planning matter, please call me at 748.4023 or stop by the Community Development Department. Respectfully submitted, Jared Barnes Planner Exhibits: A. Vicinity Map B. Letter from the Applicant dated July 16, 2008 C. Approved Plan Sets D. Plan Sets for Lots 12 and 13 Town of Avon Community Development (970) 748-4030 Fax (970) 949-5749 Vicinity Maps - Lots 12 & 13, Block 3, WR -Residential Streets--- 77N F, q Property Boundaries 35 FROM (THU)JUL 24 2008 16;05/8T.16;04/P A Professional Corporabon Exhibit B 2271, N. Frontage Road W. Suite C vzMORTERARCH 1TECTS n,co 811V57 9701476-5105 FAX 97014760710 MA�rnonr; r4rCititecl5.,^,Om July 16, 2008 Mr. Jared Barnes Re.: THE COURTYARD VILLS Planner 1 Minor Design Modification to an Approved Design Town of Avon Lots 12 & 13, Block 3; Wildridge Subdivision P.O. Box 975 Avon, CO Avon, CO 81620 Dear Jared, In the design refinements since our final design approval several minor modifications have been made to the exterior elevations. The major materials, colors (2 separate schemes) and surface articulations are as previously approved with the variations the result of refinements to create improved material transitions or relocations of windows to address interior plan revisions. Large sliding doors and windows will be constructed using a thermally broken aluminum system in a clear Kynar finish. Also, a sunscreen louver system manufactured by Hunter Douglas has been selected. A cut sheet of the product is included for your reference. Upon closer scrutiny, the wood pergolas shown in 2 locations over the garage areas has been eliminated as we felt that they would have been awkward and added unnecessary interruption to an otherwise clean resolution. In balance, we have increased slightly the percentage of wood siding to stucco to increase the warmth of the overall appearance. Control joints have been indicated in the smooth stucco areas as required for a cementitious application. Several windows have been moved, eliminated or resized to address plan changes by the owners. We appreciate your time and consideration of these minor modifications and trust that you will find that they help to enrich the character of the design. 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M- o G VxmZ5 �Q J Staff Report Rezoning -PUD August 5, 2008 Planning & Zoning.Commission Meeting C 0 L 0 R A D 0 Report date August 1, 2008 , Project type Planned Unit Development (PUD) Application Legal description Lots 21, 65A and 65B; Tracts Q & R; & Parcel No. TK -3, Block 2, Benchmark at Beaver Creek Subdivision Current zoning Town Center (TC) Address 182 Benchmark Road, 68 and 82 Beaver Creek Boulevard (respectively) Introduction and Summary The applicant, Pedro Campos of the Vail Architecture Group, representing the owner of the property, EAH, LLC, is proposing a new Planned Unit Development (PUD) and a concurrent Preliminary Plan for Subdivision on a new development site comprised of the properties listed above, which are currently zoned Town "Center (TC). The proposed PUD is envisioned to be a contemporary mixed-use development including retail space, office space, residential and lodging in three new buildings to be located on the site. More specifically, the PUD would consist of a maximum of 105,860 square feet of commercial, retail and guest -oriented space; 118 Lodging Units, 237 Residential Units, and twelve (12) "Professional Employee Housing Units" that.would collectively comprise approximately 759,150 square feet. The parking proposed with this project consists of a combination of surface and structured, underground spaces totaling 628 parking spaces, the majority of which are to be below -grade structured spaces. While the tallest of the three new buildings (East Building) would be eight (8) levels above grade, the maximum height proposed is 110'feet due to ceiling -to -floor plate heights ranging from sixteen feet (16') to twenty feet (20') for the entire at -grade commercial / retail level. As discussed during the last hearing of this item held on July 15, 2008, the primary focus of review on the Avon 21 PUD during the Commission meeting on August 5, 2008 upon the financial model prepared by Stan Bernstein of Stan Bernstein and Associates, Inc. All of the data and analysis related to the financial model has been transmitted electronically to the Commission, and hard copies available at the hearing. Stan will give a thorough PowerPoint slide presentation which will provide an explanation of the preliminary financial modeling conducted to date and the fiscal implications of various scenarios based upon key factors such as phasing. Attached are a comparison matrix provided by the applicant in response to the Commission's request at the last meeting for an explanation of how and where the subject proposal deviates from the existing Town Center (TC) zones district standards; and, a reduced set of plans depicting conceptual phasing. Staff Recommendation Staff recommends the Commission TABLE this application for a new PUD to the August 19, 2008 hearing, at which time the applicant is expected to fully demonstrate the application's conformance and adherence to all the applicable PUD Design Criteria; and at which time the Commission may make a formal recommendation based upon criteria and findings tied to the applicable PUD Design Criteria found in Section 17.20.110(h). If you have any questions regarding this project or any planning matter, please call me at 748-4002, or stop by the Community Development Department. Respectfully submitted, 2 Matthew R. Gennett, AICP Planning Manager Application Exhibits Exhibit A - Comparison Matrix Exhibit B — Reduced Phasing Plans Avon 21 -Evaluation of PUD Design Criteria Conformance with Comprehensive Plan; East.Town Center District Plan; & Town Center (TC) Zoning Designation r A. Comprehensive Plan Town District Planning Principles A. East Town Center High Priority District Meets Opportunity Doesn't N/A 1 Develop a ma of commercial uses with supporting residenbaVlodging development. 2 Implement a street pattern that functionally extents 'Main Streer across Avon Road. 3 Plan for public plazas and other community gathering places. 4 Develop structured parking facilities to make parking less obtrusive to the pedestrian. 5 Accommodate anchor retailers without large expanses of parking to ensure ` these uses are integrated into a unifying framework. 6 Create a cohesive physical framework and community image (compatible building orientation, scale, massing, sitting, street alignments, streetscape furnishings, signage, lighting, etc) between the Town Center Districts and the Village at Avon. 7 Use architectural detailing on ground levellfirst floor to enhance the pedestrian environment that includes a human scale, display windows, appropriate lighting, and other pedestrian amenities. 6 Site buildings of varying sizes along the street to maximize sun exposure, protect views, and break up building bulk. I 9 Ensure convenient pedestrian and auto access to the entire Town Center. Goals & Policies A. Regional Coordination (Goal A.1: Collaborate with Eagle County, adjacent municipalities, and other agencies to implement this plan and to ensure Avon's needs and goals are being met. (Policy A.1,1: Work with joint planning agreements to govern review and action on development applications within the Town's 3 -mile planning area. (Policy A.1.2: Ensure regional issues are identified and considered as part of the public process. (Policy A.1.3: Ensure that the town's issues are identified and considered as part of the public process. (Policy A.1.4: Participate in agreements regarding funding of facilities and revenue sharing. (Policy A.1.5: Coordinate efforts to address regional issues related to such topics as the railroad corridor, 1-70, Hwy 6, affordable housing, trails, and Eagle River. B. Built Forms ' ]Goal B.1: Promote a compact community form. (Policy B.1.1: Require the development ft the overall Built Form Diagrams of this plan. (Policy B.1.2: Amend the zoning code to include Floor Area Ratio limitations. . (Policy 13.1.3: Ensure development protects the enjoyment of outdoor spaces by . maximizing sun exposure and protecting views. (Policy B.1.4: Development must meet the density guidelines as indicated on the Future Land Use Map. (Policy B.1.5: Development is readily accessible to and integrated with existing retail areas and transit service routes for both pedestrians and vehicles. IPolicv B.1.6: Development includes vertically mixed uses. (Policy 13.1.7: Development maintains a strong street edge. (Policy B.1.8: Minimize automobile travel and "re -parking' within the same area. (Policy B.1.9: Encourage redevelopment and revitalization of currently outdated, rundown, or otherwise neglected areas. (Goal B.2: Provide a distinct physical and visual separation between Avon and its surrounding communities that preserves the natural beauty of the mountains and the Eagle River Valley. . (Policy B.2.1: Allow for possible acquisition and/or preservation of open space or other public purposes in order to maintain Avon's visual identity. Policy B.2.2: Maintain the Eagle River as a valued resource in accordance with the Eagle River Watershed Plan. Policy B.2.3: Encourage cluster style development in areas of less density. Policy B.2.4: Identify opportunities for conservation easements or other permanent open space protection tools. Policy B.2.5: Work with public landowners to secure appropriate access to Public lands. Goal B.3: Ensure annexations provide an overall benefit to the community and are in conformance with this plan's goals and policies. Policy B.3.1: Require all annexed lands be master planned in conformance with the Future Land Use Plan and all existing design standards. Policy B.3.2: Participate in planning efforts related to lands outside the Town's corporate limits that may affect the community. Meets Opportunity Doesn't N/A VAg, Inc. An:h4W., and manners 970.949.7034 Comments Comments Avon 21 -Evaluation of PUD Design Criteria -•, Conformance with Comprehensive Plan; East Town Center VAg, Inc. District Plan; & Town Center (TC) Zoning Designation , Archif 0. 94 0a ner, Meets Opportunity Doesn't N/A Comments Policy B.3.3: Coordinate land use policies and regulations with Eagle County, adjacent municipalities and other quasi -governmental agencies to make development more consistent across political boundaries. Policy B.3.4 Ensure that all annexation agreement, suDdhnsion improvements agreements and other subsequent commitments between the Town and an annexes clearly identifies the intent and/or purpose of the future development to assure that the identifies intent of purpose will be achieved and the Town's goals and policies are being met. C. Land Uses Goal C.1: Provide a balance of land uses that offers a range of housing options, diverse commercial and employment opportunities, inviting guest accommodations, and high quality civic and recreational facilities, working in concert to strengthen Avon's identity as both a year-round residential community and as a commercial, tourism and economic center. (Policy C.1.1: Ensure development are a scale and intensity appropriate for the planning district in which they are located. (Policy C.1.2: Ensure each development contributes to a healthy jobs/housing balance in the Town and surrounding area. (Policy C.1.3: Focus lodging and guest accommodation in the Town center Districts to take advantage of the proximity to retail, commercial and other community services. (Policy C.1.4: Develop detailed District Master Plans for each District. Once written, immediate action should be taken to provide clear and simple zoning that would allow the type of development approved in the District Master Plan. (Policy C.1.5: PUD to be considered if it would allow a more effective development pattern. Only if it provides a benefit to the community, is consistent with i this comprehensive plan, and is compatible with surrounding development. I (Policy C.1.6: Include sufficient land for public uses and government services near the people who use them. (Policy C.1.7: Encourage development applicants to meet with adjacent residents, businesses and property owners prior to and during design, planning and application phases.. (Policy C.1.8: Anticipate future transit and incorporate this potential into building and site design. (Goal C.2: Ensure that Avon continues to develop as a community of safe, interactive, and cohesive neighborhoods that contribute to the Town's overall character and image. ]Policy C.2.1: Promote a wide range of residential uses. (Policy C.2.2: Require new residential development to provide a variety of housing densities, styles, and types based upon the findings of a housing needs assessment study. (Policy C.2.3: Require pedestrian, bike, and automobile connections between proposed and existing residential neighborhoods. (Goal C.3: Use mixed-use development to create a more balanced, sustainable system of land uses. (Policy C.3.1: Require vertical and/or horizontal mixed-use development to occur to enhance the Town's ability to respond to changing market conditions: (Policy C.3.2: Provide opportunities for short-term office and service uses in ground floor retail space when market demand is low. (Goal CA: Encourage sustainable commercial development mat enhances Avon's overall economic health, contributes to the community's image and character, and provides residents and visitors with increased choices and services. (Policy C.4.1: Develop a detailed District Master Plan for the East Town C enter District to increase the district's viability. (Policy C.4.2: Require future commercial businesses to cluster buildings and to provide publicly accessible amenities. (Policy C.4.3: Encourage neighborhood retail and service activities in locations that are convenient to residential neighborhoods. (Policy CAA: Encourage commercial developments to utilize innovative and environmentally friendly planning and construction techniques. (Goal C.5: Encourage redevelopment of existing light industrial and manufacturing uses that conform to existing plans and design standards. (Policy C.5.1: Require that service commercial and light industrial uses are separate from public roads or right of ways. +Policy C.5.2: Permit accessory residential uses in association with light industrial commercial development when compatible. Policy C.5.3: Require adequate infrastructure improvements including sidewalks, utilities, and controlled access from collector roads. D. Community Character (Goal D.1: Ensure that development and redevelopment is compatible with existing and planned adjacent development and contributes to Avon's community y image and character. 1 Avon 21 -Evaluation of PUD DesiLyn Criteria Conformance with Comprehensive Plan; East Town Center District Plan; & Town Center (TC) Zoning Designation . Meets Opportunity Doesn't N/A Policy D.1.1: Encourage creative, forward -thinking development consistent with adopted plans. (Policy D.1.2: Ensure development and redevelopment responds appropriately to adjacent development. Policy D.1.3: Restrict large surface parking areas that directly abut local streets. Policy D.1.4: Create compatible building orientation, scale, massing, sitting, street alignments, streetscape furnishings, signage, lighting, etc. Policy D 1.5: Update and enhance the Avon land use regulations so that development is subject to a thorough, rigorous, set of development criteria. (Goal D.2: Create community gateways and streetscapes that reflect and Avon's unique community character and image. Policy D.2.1: Beautify the town with street trees, sidewalks, landscaping and public art. (Policy D.2.2: Design and maintain the Town's streets and walkways as safe, inviting, and pedestrian/bicycle friendly public spaces (Policy D.2.3: Improve the streetscape along Hwy 6 to strengthen Avon's overall community image and to stimulate future development by providing a cohesive street edge. Policy D.2.4 Coordinate with CDOT to lessen visual and noise impacts for development adjacent to 1-70 while preserving important views of Avon from 1-70. (Policy D.2.5: Develop community gateways along Avon's major roadway corridors that respond to and strengthen Avon's community identity. Policy 0.2.6: Strengthen Avon's community edge to distinguish it from neighboring communities through the continued preservation of open space. (Goal D.3: Develop new and continue to enhance existing cultural and heritage facilities, events, and programs that strengthen Avon's community character and image. IPolicy D.3.1: Support cultural activities oriented to families and year-round residents. Policy D.3.2: Encourage through partial funding or other means, local festivals and special events. (Policy D.3.3: Encourage development of civic and recreational amenities that benefit existing neighborhoods. Policy D.3.4: Develop a place for cultural events. (Policy D.3.5: Develop a plan for appropriate community -wide art instillations. Policy D.3.6: Maintain existing elements that contribute or reflect the heritage of the community and include forms and materials that reflect this heritage in new designs. E. Economic Development Goal E.1: Ensure that there is a positive environment for small businesses. Policy E.1.1: Conduct a retail analysis to identify specific opportunites to increase retail expenditures within Avon. Policy E.1.2: Permit home occupations and live/work opportunities. Policy E.1.3: Encourage small business incubators to support local entrepreneurs. Goal E.2: Ensure the ability to fund and implement the necessary development and l redevelopment by encouraging strategic use of town funds to leverage high quality private sector investment. Policy E.2.1: Purse economic development benefiting the TOA by using resources that are available including incentive programs and selection criteria. Policy E.2.2 Use the Capital Improvement Plan to fund key public facilities that will catalyze private sector projects. Policy E.2.3: Encourage private investment. (Policy E.2.4: Encourage businesses that offer higher quality jobs for local residents within the region to relocate to Avon. (Policy E.2.5: Address public economic and demographic information requests. (Policy E.2.6: Continually review business taxation practices in an effort to maintain Avon's competitive position in the region. (Policy E.2.7: Investigate the potential costs and benefits of establishing a vacancy assessment fee todiscourage long-term commerciallretail vacancies. (Goal E.3: Increase the number of visitors to Avon by enhancing our attractiveness as a destination resort community. (Policy E.3.1: Promote effective transit and access with Beaver Creek and Avon. (Policy E.3.2: Strengthen the tourism potential within Avon. IPolicv E.3.3: Institute minimum density requirements. (Policy E.3.4: Actively support marketing partnerships to promote Avon as a tourist destination. (Policy E.3.5: Strengthen existing and develop additional cultural and recreational attractions oriented toward both local residents and visitors. (Policy E.3.6: Develop a joint visitor center with Beaver Creek. (Policy E.3.7: Encourage increased use of the Town's website to promote local tourist attractions. (Policy E.3.8: Ensure that the tourism and other attractions are coordinated within an integrated wayfinding signage program oriented towards both pedestrian and vehicular traffic. ,A, Q� VAg, Inc. Archiiro. and Planners 970.949.7074 Comments to be determined by URA Avon 21 -Evaluation of PUD Design Criteria Conformance with Comprehensive Plan; East Town Center District Plan; & Town Center (TC) Zoning Designation Meets Opportunity Doesn't NIA IPolicy E.3.9: Identify and honor cultural and heritage sites with elements. (Policy E.3A0: Encourage and facilitate the creation of new tourist attractions relating to interesting; niche retail and/or manufacturing operations. (Policy E.3.11: Coordinate advertising of local festivals and events with window displays and special promotions by area businesses. (Policy E.3.12: Seek marketing opportunities for local businesses to capitalize on an overall community image rather than a single venue or event. (Policy E.3.13: Encourage collaborative approaches between the various community stakeholders. (Policy E.3.14: Achieve greater use of existing natural assets and facilities in the community., F. Housing (Goal F.1: Achieve a diverse range of quality housing options to serve diverse segments of the population. (Policy F.1.1: Establish policies and programs that would address housing needs identified in a periodic housing needs assessment. (Policy F.1.2: Encourage private development to include a diversity of housing types, sizes, architectural styles and prices. (Goal F.2: Provide a workforce housing program that incorporates both rental and ownership opportunities. (Policy F.2.1: Require that development, annexations, and major redevelopment includes or otherwise provides for workforce housing. (Policy F.2.2: Require that workforce housing is integrated with the rest of the community. Policy F.2.3: Require workforce housing to be close to existing development, serviced by transit, and close to schools/child care. (Policy F.2.4: Establish a definitive dwelling unit size and quality standards for required workforce housing. IPoliaF.2.5: Adhere to the principle of "no net loss' to workforce housing. (Goal F.3: Participate in countywide housing policies and procedures. IPolicv F.3.1: Participate in countywide down payment assistance program. (Policy F.3.2 Collaborate on joint housing studies and strategies to avoid jurisdictional shopping. G. Transportation (Goal G.1: Create an integrated transit system that minimizes dependence on automobile travel within the Town by making it easier and more inviting to use transit, walk, ride bicycles, and utilize other non -motorized vehicles. (Policy G.1.1: Connect pedestrian, bicycle, and vehicular circulation systems with regional transit. (Policy G.1.2: Devise a public transit service plan that would replace the current one-way loop system with a two-way system that utilizes new road links. Policy G.1.3: Require that commercial public, and other uses that generate significant traffic are served by transit Policy G.1.4: Ensure that commercial areas are designed to minimize in -town automobile travel. (Policy G.1.5: Identify and participate in cost-effective transit partnerships with local resorts and other entities. (Policy G.1.6: Prioritize pedestrians, bicycles, and transit over private vehicles when designing streets. (Policy G.1.7: Ensure that streets effectively accommodate transit, pedestrian, bicycles and other modes of transportation. (Policy G.1.8: Retrofit existing streets to provide safe and inviting pedestrian sidewalks, shoulders, and crosswalks. (Policy G.1,9: Ensure that adopted roadway and intersection standards have adequate . provisions within the public ROW to fully incorporate both auto and non - auto modes. IPolicv G.1.10 Track annual traffic counts. (Policy G.1.11 Provide a bicycle and /or pedestrian connection across or under 1-70 between Metcalf Road and beaver creek Boulevard. JPolicv G.1.12 Require development provide appropriate transit amenities. (Policy G.1.13 Develop a toolkit of traffic calming measures to achieve desired balance between vehicular, pedestrian and bike circulation. IPolicv GAN Enhance air quality by implementing at alternative fuel program. Policy 6.1.15 Preserve a comdor for transit mode as a way to link Village at Avon to the s Town Center Districts. . Policy G.1.16 Develop a comprehensive town pedestrian circulation plan. Policy G.1.17 Acquire altemative funding sources for operations an capital improvements to the transportation system. Policy G.1.18 Support a transit system that maximizes ridership. t Goal G.2: Ensure that the railroad ROW corridor becomes an integral part of the i Town's mobility system. IPolicv G.2.1: Ensure the preservation of the railroad ROW. (Policy G.2.2: Provide safe and cost-effective, at -grade pedestrian /bicycle crossings through the railroad ROW. kv Ial VAg, Inc. A,.Vf roes a.d Planners 970.949.7034 Comments Avon 21 -Evaluation of PUD Design Criteria Conformance with Comprehensive Plan; East Town Center District Plan; & Town Center (TC) Zoning Designation Meets Opportunity Doesn't N/A (Policy G.2.3: Provide safe and cost-effective, at -grade crossings through the railroad ROW. (Policy G.2.4: Advocate for a regional reuse of the railroad ROW corridor that fully investigates the possibility of developing regional light rail transit system or trail system. (Goal G.3: Facilitate the development of a transit connection linking the TOA with Beaver Creek Village and Beaver Creek Resort. (Policy G.3.1: Investigate transportation technology options that could accommodate transit passengers as well as skier and boarder use. (Policy G.3.2: Work cooperatively with the Beaver Creek Resort Company and other appropriate entities to reach an equitable arrangement for funding and operating the transit connection. Policy G.3.3: Develop a strong pedestrian connection between the transit connection, parking, and the transit center. (Goal GA: Provide a safe and efficient vehicular transportation system. (Policy G.4.1: Develop alternative roads to more effectively disperse and relieve traffic congestion in community centers and on major roads. (Policy G.4.2: Require multiple access points for development to disperse traffic and allow for safe evacuation if necessary. (Goal G.5: Encourage a "park once/shop many" environment (Policy G.5.1: Initiate a packing needs assessment and management study for the Town Center Districts. (Policy G.5.2: Ensure parking facilities are easily accessible by pedestrian connections and have minimal visual impacts. (Policy G.5.3: Investigate the facility of join development of structured parking facilities in the Town Center Districts to support private and public uses. (Policy G.5.4: Require that all development in the Town Center Districts incorporate structured parking or contribute to a pay -in lieu program. H. Environment (Goal H.1: Protect Avon's unique natural setting and its open spaces. (Policy H.1.1: Protect and capitalize on the Eagle River corridor as an important recreational amenity and riparian hatiitat by implementing the Eagle River Watershed Plan. (Policy H.1.2: Acquire or protect important/significant open space. (Policy H.1.3: Require development to accommodate wildlife habitat or mitigate loss of habitat. (Policy H.1.4: Require appropriate revegetabon for all development that requires grading and excavation. (Goal H.2:. Protect the health, safety, and welfare of the citizens through avoiding or adequately mitigating environmental hazards. (Policy H.2.1: Avoid development in environmental hazard areas. (Policy H.2.2: Require development minimize degradation of sensitive natural areas by restrictirk9 development on steep hillsides. (Goal H.3: Protect the health, safety, and welfare of the citizens by eliminating, reducing, or preventing air, water, light, and noise pollution. (Policy H.3.1: Reducing the number of air pollution sources to the greatest extent possible. (Policy H.3.2: Require appropriate control of fugitive dust from disturbed sites in adherence to Avon's Building Code. (Policy H.3.3: Protect water quality and quantity by following the Eagle River Watershed Plan's. (Policy H.3.4: Ensure outdoor lighting does not create undesirable light pollution and complies with the "Dark Sky Ordinance". (Policy H.3.5: Develop an educational campaign on noise pollution. (Goal H 4: Conserve environmental resources to ensure their most efficient use. (Policy HAA: Develop an energy and environmental resource plan to identify areas of potential conservation and BMP. (Policy H.4.2: Support regional and local efforts for recycling. (Policy H.4.3: Require use of innovative and environmentally friendly appliances and building techniques. Policy HAA: Conserve water through public education, supply management, and demand management techniques, requiring residential, commercial, and municipal landscaping to be compliant with the water conservation design guidelines. I. Parks, Recreation, Trails and Open Space (Goal 1.1: Provide an exceptional system of parks, trails, and recreational programs to serve the year-round leisure needs of area residents and visitors. (Policy 1.1.1: Require new residential and resort development to incorporate recreational r amenities that are accessible to the public. (Policy 1.1.2: Continue to evaluate and acquire parcels or easement for open space, trails, and recreation. (Policy 1.1.3: Integrate the town's recreational trail system with the regional trail systems , (ECO Tails, US Forest Service, and BLM). VAg, Inc. A,Oi.. and Planners 970.949.7034 Comments Avon 2.1 -Evaluation of PUD Design Criteria W® Conformance with Comprehensive Plan; East Town Center lLt.. VAg, Inc. District Plan; & Town Center (TC) Zoning Designation Arch 970.949. m4nnors 970.949.7034 Meets Opportunity Doesn't WA Comments (Policy 1.1.4: Require new annexations and developments to include or contribute to land for trails, open space, and recreation purposes. Policy 1.1.5: Coordinate with Eagle CO and other government and non-profit agencies in planning, protecting, and managing public open space, and in providing access and linkage opportunities. (Policy 1.1.6: Conduct a master plan study of Harry A. Nottingham Park so that potential program enhancements can be identified. (Policy 1.1.7: Develop a river front park that connects the Eagle River to the Town Center Districts and Harry A. Nottingham Park. +Goal 1.2: Coordinate and collaborate with surrounding jurisdictions and agencies to develop seamless recreational opportunities. 1Policv 1.2.1: Participate in travel management planning by the US Forest Service. (Policy 1.2.2: Collaborate wit other recreation providers and private homeowners associations to discuss joint use of facilities and coordinated event planning. (Policy 1.2.3: Prevent US Forest Service and BLM land swaps within the 3 -mile planning area. J. Public Services, Facilities, Utilities and Government Goal J.1: Utilize this comprehensive plan in all town dealing including capital planning, operation/maintenance of facilities, and programming of events. IPolicy J.1.1: Consistently adhere to established policies and regulations. (Policy J.1.2: Analyze town spending to assure that the pnontes of this comprehensive plan are being considered for implementation. (Goal J.2: Ensure cost effective provision and development of public facilities and services. (Policy J.2.1: Coordinate with quasi -jurisdictional agencies regarding the service expansions that could affect the achievement of the district goals and objectives. (Policy J.2.2: Locate schools, parks, and other civic facilities, along trails, sidewalks, and transit facilities. (Policy J.2.3: Ensure that annexations and new subdivisions provide for community services and facilities based on the increased demand created by those developments. (Policy J.2.4: Analyze the net costs of various types of growth and development f including long-term service provisions and secondary impacts. (Policy J.2.5: Develop neighborhood and community-based childcare facilities and include youth in the programming of community or public facilities. (Goal J.3: Encourage the broad participation of citizens in planning efforts and decision-making. t (Policy J.3.1: Strive for increased transparency in government 1 Policy J.3.2: Build awareness of upcoming events, planning processes, and decisions [Policy J.3.3: Use multiple means of communicating with the public. B. East Town Center District Plan I. Planning Principles A. Sustainable Design Meets Opportunity I Doesn't N/A Comments I 1 Utilize green -building Practices. I It I 2 Create environmentally superior development. B. Land Use 1 3 Provide a mix of uses, including commercial, residential and lodging. Ii I I I I I C. Pedestrian Circulation 4 Ensure that pedestrians have safe and convenient access throughout the ; East Town Center District. I� D. Vehicular Circulation 5 Maintain at least two access points from the west and east side of the District I 6 Maintain a dispersed circulation pattern through the District I 1 7 Create quiet, residential -scale pedestrian streets. I E. Parking I 8 Provide on -street parking. I I 9 Minimize the impact of off-street parking lots. I 1 10 Provide de-centrailzed parking garages. I 6 Avon 21 -Evaluation of PUD Design Criteria Conformance with Comprehensive Plan; East Town Center District Plan; & Town Center (TC) Zoning Designation F. District Character 11 Ensure the architectural character of The District complements the character emerging in The West Town Center District. 12 Ensure that buildings with mid-size retail uses fit the character of the area and support pedestrian-friendlyaexperience. 13 Encourage a high level of site planning and design to maximize public and semi-public pedestrian spaces. I 14 Maximize solar exposure. 15 Define the plaza and other key pedestrian areas by framing these spaces with buildings. G. Views 16 Maintain key views to and from The East Town Center District to provide visibility, orient people to their surroundings, and define the character of the spaces. H. Implementation 17 Focus municipal involvement on actions that produce the most public benefit. C. Avon Municipal Code Town Center Zoning Designation (TC) Meets Opportunity Doesn't N/A A. Development Standards Meets Opportunity Doesn't NIA I 1 Minimum lot size: thirty thousand (30,000) square feet; I 2 Maximum building height: eighty (80) feet; I 3 Minimum building setbacks: Front: twenty-five (25) feet; Side: seven and one-half (7.5) feet; Rear: ten (10) feet; 4 Maximum site coverage: fifty percent (50%) 5 Minimum landscape area: twenty percent (20%) 6 Maximum density: thirty (30) dwelling units per acre of buildable area or ninety (90) accommodation units per acre of buildable area. (Ord. 97-14; Ord. 91-10 § 1 part)) 7 Parking I 8 Housing II. Rezoning to a New PUD A. PUD Design Criteria Two through Twelve 2 Conformity and compliance with the overall design theme of the town, the sub -area design recommendations and design guidelines adopted by the Town. r 3 Design compatibility with the immediate environment, neighborhood, and i adjacent properties relative to architectural design, scale, bulk, building height, buffer zones, character, and orientation. 4 Uses, activity, and density provide a compatible efficient, and workable i relationship with surrounding uses and activity. 5 Identification and mitigation or avoidance of natural and /or geologic hazards that affect the property upon which the PUD is proposed. 6 i Site plan, building design and location and open space provisions designed to produce a functional development responsive and sensitive to natural features, vegetation and overall aesthetic quality of the community. I 7 A circulation system designed for both vehicles and pedestrians addressing on and off site traffic circulation that is compatible with the Town Transportation Plan. 8 Functional and aesthetic landscaping and open space in order to optimize and preserve natural features, recreation, views and function. 9 Phasing plan or subdivision plan that will maintain a workable, functional, and efficient relationship throughout the development of the PUD. The phasing plan shall clearly demonstrate that each phase can be workable, functional and efficient without relying upon completion of future project j phases. 10 Adequacy of public services such as sewer, water, schools, transportation systems, roads, parks, and police and fire protection. 11 That the existing streets and roads are suitable and adequate to carry anticipated traffic within the proposed PUD and in the vicinity of the proposed PUD. s 12A The application demonstrates a public purpose which the current zoning entitlements cannot achieve. VAg, Inc. Archirccrs and Planners 970.94 ).7034 Comments Comments Avon 21 -Evaluation of PUD Design Criteria ,Conformance with Comprehensive Plan; East Town Center District Plan; & Town Center (TC) Zoning Designation Meets Opportunity Doesn't N/A 12B Approval of the zoning application provides long term economic, cultural or social community benefits that are equal to or greater than potential adverse impacts as a result of the changed zoning rights. 12C The flexibility afforded in approval of the zoning application will result in better siting of the development, preserving valued environmental and cultural resources, and increasing the amount of public benefit consistent with the community master plan documents. .A, 1W VAg, Inc. 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EIYd6M9b 1M0 'O gg-E, M` N It I / inn / � ` s\./• e a p LONFERENLE OUTDOOR `VALET J 1 / � g� AVON ROAD aj 6,151 z Q ZF U ZJ Om Wz SO WO mn, CO O4 40 O Z E / inn / � ` s\./• e a p LONFERENLE OUTDOOR `VALET J 1 / � g� AVON ROAD aj 6,151 z Q ZF U ZJ Om Wz SO WO mn, CO O4 40 O Z 9GL0-9sC-OG6 OZ919 oQVaoloO 'NOAW "OL xOG 'O'G 0T ONI633NION3 NIONV W I 1 �1 I Al n � // Q J pS OUTDOOR SPACE AVON ROAD 0 Ju Olt Sul WO50 w rc� X0 0 rr � 0= Z 1 OOVNC)IOO 'NOAV 30 NMO1 C S1N3HAAC)wd WI onend LZ NOAV 2C wO� 00 = NV -Id OW30 £ 3SVHd - 0 NOIldO �e we sccuw mvu vx �1 I Al n � // Q J pS OUTDOOR SPACE AVON ROAD 0 Ju Olt Sul WO50 w rc� X0 0 rr � 0= Z 1 Stan Bernstein and Associates, Inc. Financial Planners and Consultants For Local Governments, Municipal Bond Underwriters, and Real Estate Developers 8400 East Prentice Avenue, Penthouse Greenwood Village, Colorado 80111 Telephone. 303-409-7611, Fax: 303-409-7612, Email: stanplan(a.�earthlink.net June 16, 2008 Avon 21 Developers Mr. Larry Brooks, Town of Avon Mr. Scott Wright, Town of Avon Mr. Eric Heidemann, Town of Avon Mr. Matt Gennett, Town of Avon (Sent Via Email) RE: AVON 21 PRELIMINARY URBAN RENEWAL AUTHORITY AND TAX INCREMENT FINANCING PLAN (AVON 21 PROJECT ONLY) — Draft 2 Gentlemen: Attached is draft 2 Financing Plan for a hypothetical Avon 21 Property Tax Increment Revenue Bond issue, dated January 1. 2013, in amount of $15.0 million netting $11.8 million in construction funds, or funds which could be used to reimburse the Developers of the Avon 21 PUD for related infrastructure costs. This draft is very preliminary and is being circulated to stimulate thinking with respect to the concept of forming an Urban Renewal Authority ("URA") whose boundaries would be coterminous with the Avon 21 Project. URA and related Tax Increment Financings are very complex and subject to many variables such as (i) the assessed valuation within the boundaries of the Tax Increment District when the assessed valuation is "frozen" (which in this case would not be until 2012 or 2013 after the demolishment of The Annex Building); (ii) the total mill levies certified by taxing entities overlapping the boundaries of the URA (which in this case would be those mill levies certified in 2012 for tax collection year 2013); (iii) municipal bond interest rates; and (iv) the completion dates, related land use, and price points of the three buildings proposed by the current developers of the Avon 21 project. Obviously many of these key variables, all which will determine the amount of Tar Increment Revenue Bonds that could be supported by Property Tax Increment Revenues, will differ from those assumed in this draft and such differences will likely result in more or less Tax Increment Revenue Bonds being issued than the $15.0 million presented in this draft. Consequently, the Town and the Developers should clearly review this draft in the context that all of the key variables are likely to change from this date to 2013 when it June 16, 2008 Page ii appears that Tax Increment Revenue Bonds could first be issued, and there is no assurance that on January 1, 2013 $11.8 million of net Tax Increment Revenue Bond proceeds will be available. This draft assumes a similar debt structure as the one used for the recently issued Series 2008 Town Center West URA Tax Increment Revenue Bonds (The "Series 2008 Bonds"). The Series 2008 Bonds were able to be marketed at very low interest rates because the Town of Avon entered into a "Moral Obligation Pledge" with investors — this Moral Obligation Pledge documents the Town of Avon's intent (but not legal commitment) to replenish the Debt Service Reserve Fund (which is equivalent to one year's estimated debt service payments on the Series 2008 Bonds). This draft assumes the same type of Moral Obligation Pledge from the Town of Avon, which will be dependent upon the vote of the Avon Town Council during 2012 or 2013. Without a Moral Obligation Pledge the assumed interest rates (including annual fees) of 4.5% would be much higher and would result in a much lower bond issue than the $15.0 million assumed (unless the Developer agreed to credit enhance the bonds, etc.). Without a Developer supported Letter or Credit or a Moral Obligation Pledge it is unlikely that all of the bonds could be issued at once — it would be more likely that there would need to be two separate bond issues (i.e., one issue in 2013 or 2014 and the next bond issue in 2016 and 2017). Assuming a $15.0 million Tax Increment Revenue Bond issue scheduled to be issued on January 1, 2013, the Town of Avon would likely have to agree to a Moral Obligation Pledge to replenish, if needed, a Debt Service Reserve Fund in amount of $1,155,000 (we have assumed 4.5% interest rates, including fees, for sizing this bond issue assuming a Moral Obligation Pledge). If the Town did not want to assume this obligation, then the timing of the bond issue (s) would likely have to be deferred until 2015 or 2016 when the tax increment assessed valuation was officially certified. Another option would be for the URA to collect the property tax increment revenues and contribute them to the proposed Avon 21 Metropolitan District #1 — these transferred property tax increment revenues could be used by Avon 21 Metropolitan District #1 to support its own bonds. June 16, 2008 Page iiI Tax Increment Cash Flow. Exhibit I, Page 1 This Exhibit presents the projected incremental property tax revenues that could be used to support the issuance by the URA of Tax Increment Revenue Bonds. We have had several discussions with knowledgeable officials at the Eagle County Assessor's Office concerning tax increment assessment procedures that would apply when buildings are demolished within the boundaries of a tax increment area (once a tax increment area is established, demolished properties will reduce the net incremental assessed valuation (and not the "Frozen Base"). Consequently it would be prudent to not establish a tax increment area until after the first building is demolished so that the loss of assessed valuation from improvements relating to The Annex ($943,370) will reduce the "Frozen Base" and not the incremental assessed valuation. Row 9 presents the incremental assessed valuation from new construction only (which excludes a 12% allowance for the value of the land) that could be generated by the Vail 21 Project. We have netted out the lost assessed valuations from the demolishment of the Benchmark ($312,289) and Lot 21 ($1,031,777) properties. Rows 11 — 23 present the overlapping taxing entities current year's mill levies and projects the incremental property tax revenues that could be available to service debt on tax increment revenue bonds issued by the URA. Similarly, these tax increment revenues could also be simply transferred to the proposed Vail 21 Metropolitan District #1 and used by that District to support the issuance of its own bonds. Another issue for the Town of Avon to consider is the rebate (full or partial) of Town of Avon General Fund Property Taxes by the URA. The box on Rows 54 -59 indicates the following uses of funds for a hypothetical $15.0 million Property Tax Increment Revenue Bond issue with an assumed issuance date of January 1, 2013. Costs of Bond Issuance, Underwriters Discount @1 1.5% $ 225,000 Funding of Capitalized interest/fees through 12/31/15 1,838,725 Fund Debt Service Reserve Fund 1,155,000 Reimbursement to Developer for Construction 11,781,275 Total Bonds Issued 15.000,000 Row 49 presents the excess cumulative tax increment property tax revenues that could be available for a Town of Avon General Fund rebate, or used for other purposes. June 16, 2008 Page iii Developer's Land Use, Price Points, and Buildout Assumptions (and Related Assessed Valuation) — Schedule 1. Daee 4, and Schedule 2, Daue 6 The Financing Plan is based upon a total of 353 residential units with a current average value of approximately $725 per square foot according to the Developers) completed by December 31, 2015 (as presented on Schedule 1. page 4); and 81,219 square feet of commercial space (with a current market value of $283 per square foot) completed by December 31, 2015 (as presented on Schedule 2, page 6). For preliminary financial modeling purposes, we have not assumed any inflationary increases and we have assumed a continuation of the current 7.96% residential assessment rate (i.e., it is assumed that any loss of assessed valuation from a reduction of the residential assessment rate will be offset by inflationary value increases). Based upon these assumptions assessed valuation for residential Financing District 42 is projected to increase from approximately $6,754,378 for tax collection year 2013 to in excess of $23.3 million in 2017 (once full -buildout is achieved). Assessed valuation for commercial Financing District #3 is projected to increase from approximately $1,086,108 for tax collection year 2013 to in excess of $6.6 million for tax collection year 2017 (once full -buildout is achieved). Limitations and Disclaimer Stan Bernstein and Associates, Inc. has assembled this Financing Plan based upon information provided by the Developers and has not independently evaluated these key assumptions. Consequently, Stan Bernstein and Associates, Inc. does not vouch for the achievability of the assumptions or the results projected on Exhibit I or on Schedules 1 and 2 and disclaims any opinion as to their reliability. It is likely that actual assumptions and results will vary from those assumed and such variation could be material. For example a small variation in the land use, price points, rate of inflation, overlapping mill levies, and buildout (which is very common in any type of real estate development project) can have a significant impact on assessed valuation and related property tax revenues, and the amount, and timing, of the assumed bond issue. Very truly yours, Stan Bernstein (for the firm) Stan Bernstein and Associates, Inc. Stan Bernstein, President Stan Bernstein and Associates, Inc. Financial Planners and Consultants For Local Governments, Municipal Bond Underwriters, and Real Estate Developers 8400 East Prentice Avenue, Penthouse Greenwood Village, Colorado 80111 Telephone: 303-409-7611, Fax: 303-409-7612; Entail: stanplmt@earthlinknet July 29, 2008 Avon 21 Developers Mr. Larry Brooks, Town of Avon Mr. Scott Wright, Town of Avon Mr. Eric Heidemann, Town of Avon Mr. Matt Gennett, Town of Avon William Ankele, Esq., White, Bear and Ankele (Sent Via Email) RE: AVON 21 METROPOOLITAN DISTRICTS #1 - #3— Draft 3 Gentlemen: Attached is draft 3 Financing Plan for Avon 21 Metropolitan Districts 41 - #3. This draft is still very preliminary and is being circulated to stimulate thinking with respect to key assumptions which will form the basis of a Financing Plan that will be submitted, in conjunction with the Service Plan, to the Town of Avon. The concept is that a Control District ("Service District # 1) will be responsible for all District administration, operations (which is estimated to stabilize at approximately $750,000 for plaza maintenance costs) and infrastructure management. A residential Financing District ("Financing District 42") will include all residential property and levy 45.0 mills which will be transferred, pursuant to an Intergovernmental Agreement ("IGA"), to Service District # 1 and used to pay for administrative and operational costs. A commercial Financing District ("Financing District #3) will include all commercial property and levy 25.0 mills of which will be transferred, pursuant to an IGA, to Service District 41 and also used to pay for administrative and operational costs. On a preliminary basis, based upon conversations with officials of the Town of Avon the property tax revenues generated from 10.0 mills would be transferred on an annual basis to the Town of Avon and used to fund transportation related services. Because of the relatively large costs associated with maintaining the plaza ($750,000 has been assumed once all three buildings have been constructed), this draft incorporates the concept of an annual maintenance user fee per residential unit in amount of $1,500 which would be used to fund approximately 70% of the assumed plaza maintenance costs. July 29, 2008 Page ii This draft indicates that once full -buildout has been achieved, the Districts could support a bond issue in amount of $7,860,000 which would provide net bond proceeds of approximately $7,545,600 — it is assumed that these net bond proceeds will be used to reimburse the Developer for Capital Loans advanced to the Districts by the Developer.. This draft also indicates the need for substantial Developer operating advances totaling $1,375,000 from years 2010 through 2014 until the tax base is established from the completion of all three buildings. There are currently approximately 58.748 mills levied on the property from other governmental entities such as the Town of Avon, Eagle County, the School District, the Fire Protection District , the Library District and other small districts. The assumed 45.0 residential Financing District #2 mill levy would result in a total overlapping mill levy for residential property of approximately 103.748 mills (which would be identical to the Confluence and Sheraton Mountain Vista mill levies). For a multi -family home with an assumed value of $1,000,000 the 45.0 Financing District 42 mill levy would result in annual property taxes of approximately $3,582 and total annual property taxes (including the exiting 58.748 mills) of approximately $8,258 (0.83% of market value). The assumed 25.0 commercial Financing District #3 mill levy would result in a total overlapping mill levy for commercial property of 83.748. For a commercial property valued at $1,000,000 the 25 Financing District #3 mill levy would result in annual property taxes of approximately $7,250 and total annual property taxes (including the existing 58.748 mills) of approximately $21,775 or approximately 2.18% of market value. Developer's Land Use, Price Points. and Buildout Assumntions (and Related Assessed Valuation) — Schedule 2, page 13, and Schedule 3, page 15 The Financing Plan is based upon a total of 353 residential units with a current average value of approximately $820,000 (based on whole ownership market values of $725 per square foot according to the Developers) completed by December 31, 2015 (as presented on Schedule 2, page 13); and 81,218 square feet of commercial space (with a market value of $283 per square foot) completed by December 31, 2015 as presented on Schedule 3, page 15). For preliminary financial modeling purposes, we have assumed inflationary increases of 3% every other year (the assessor reassesses property every other year) for residential product and no inflation for commercial product. Based upon these assumptions assessed valuation for residential Financing District #2 is projected to increase from approximately $6,957,010 for tax collection year 2013 to in excess of $25.2 million in 2017 (once full -buildout is achieved). We have assumed that the Service Plan will allow the mill levy to increase in direct proportion to any decrease in the current 7.96% residential assessment rate. Assessed valuation for commercial Financing District #3 is projected to increase from its current level of approximately $3,826,211 to in excess of $6.67 million for tax collection year 2017 (once full -buildout is achieved). July 29, 2008 Page iii Preliminary Estimated Limited Tax General Obligation SUDDorted Revenue Bondinz CaDacity — Schedule 1, Daze 4 The completion of residential (and commercial) product will result in increased assessed valuation within the boundaries of the Financing Districts. All of residential Financing District #2 45.0 mill levy and Financing District #3 25.0 mill levy will be required to be transferred to Service District 41 to pay for administrative, operating , transportation related 10.0 mill property tax transfers to the Town of Avon, and annual debt service related to Limited Tax Supported Revenue Bonds issued by the District #1 on December 1, 2016 in the amount of $7,860,000. This draft indicates that once full -buildout has been achieved, the Districts could support a bond issue in amount of $7,860,000 which would provide net bond proceeds of approximately $7,545,600 — it is assumed that these net bond proceeds will be used to reimburse the Developer for Capital Loans advanced to the Districts by the Developer. Interest rates of 6.00% have been assumed with 30 -year level amortization. It is also possible that these bonds could be issued at an earlier date in the event that the Developer provides credit enhancement. Cash Flow Forecast — Service District # 1 General Fund— Exhibit I, Daze 1 Exhibit I demonstrates how administrative, operating, and transfers to the Town of Avon, could be funded from the transfer of property tax revenues from Financing Districts 42 and 93, and from user fees generated from an assumed $1,500 annual user fee generated from each residential living unit. Operating costs related to the plaza are assumed to be $750,000 once all three buildings are completed. Administrative costs are assumed to be $156,000 annually including a $25,000 contingency allowance. All costs are assumed to increase 2% annually. It is very common for Metropolitan Districts to rely on Developer Operating Contributions until the property tax revenue base is large enough to support costs. This is the case with Service District #1 — approximately $1,375,000 of total Developer Operating Contributions are projected from 2010 through 2014. July 29, 2008 Page iv Cash Flow Forecast — Service District Capital Proiects Fund — Exhibit IA, (this Exhibit is not presented on this draft but will need to be developed in subseauent drafts Exhibit IA demonstrates how approximately $ million of infrastructure costs (this information needs to be provided by the Developer's engineers — your costs have been inflated 3% annually) could be funded. Initial funding of all capital costs estimated to be incurred from 2010 — 2018 are assumed to be funded from the Developer. Cash Flow Forecast — Residential Financing District #2 — Exhibit II, page 9. Exhibit II presents the property tax and specific ownership tax revenues (estimated to be 5% of property tax revenues) and the annual transfer of property tax revenues to Service District #1. Eagle County Treasurer fees are estimated to be 3% of property tax revenues, and minor administrative allowances are also presented. Cash Flow Forecast — Commercial Financine District 43 — Exhibit 111, page 13. Exhibit III presents the property tax and specific ownership tax revenues (estimated to be 5% of property tax revenues) and the annual transfer of property tax revenues to Service District #1. Eagle County Treasurer fees are estimated to be 3% of property tax revenues, and minor administrative allowances are also presented Limitations and Disclaimer Stan Bernstein and Associates, Inc. has assembled this Financing Plan based upon information provided by the Developer (i.e., the proponent of the Districts). and has not independently evaluated these key assumptions. Consequently, Stan Bernstein and Associates, Inc. does not vouch for the achievability of the assumptions or the results projected on Exhibits I — III or on Schedules 1 - 3 and disclaims any opinion as to their reliability. It is likely that actual assumptions and results will vary from those assumed and such variation could be material. For example a small variation in the land use, price points, rate of inflation, and buildout (which is very common in any type of real estate development project) can have a significant impact on assessed valuation and related property tax revenues, as well as the amount of Developer Operating Contributions projected. Very truly yours, Stun Bernstein (for the,frm) Stan Bernstein and Associates, Inc. Stan Bernstein, President 4 AVON 21 FINANCIAL IMPACTS TO TOWN OF AVON DEVELOPMENT CONCEPT THREE NEW BUILDINGS REPLACE THREE EXISTING BUILDINGS Fast Tourer An&dg. 19 Studios, 42 one 8R, 25 two/three 88, (2010.2011) 13.141 s9 h elail/restaurant North Tower Benchmark Bldg 35 Studios. 47 one BB. 15 two/three Bit. (2012, 2013) 15.895 s0 ft rrtail/re#auorn South Tawer Let 21/Christy I 18 condo/hotel. 5 Studios, 3 one BB, (2014, 2015) Sports 12 two/three 88, 32 fractional ownership units, 52,182 s9 R once, retail, restaurant, spa DEVELOPMENT CONCEPT 1-1, 2011 2012 201} 2014 2015 TOM Hotel condo a a 0 0 118 118 Studios 19 0 35 0 5 59 1 &drop. 42 0 42 0 3 92 213 fled.. 25 0 15 0 12 52 2/3 eedmom 15 0 0 0 0 32 32 Cpmmernal 13,141 0 15,895 0 52.182 91,218 SUMMARY OF INCREMENTAL FUND BALANCES - BASE CASE (Including Ceneral, Capital Projects, and Water) General Fund 5304,830 S 2.528,126 (f 430.0281 Balances w/30950ct. General Fund$214,915 5 1,423,503 55 630,044) Balances w/10%on, Capital Projects $448,187 $10.025,302 $5.975,831 Fund IBtTn Water Fund $ 14,391 51,655,283 $1.511.373 ,�e,.n.e..owa•. sszo.owmumom p..w.a gym,. o,ewn,� SUMMARY OF INCREMENTAL FUND BALANCES - ASSUME NO PHASE III (Including_ General, Capital Projects, andWateJr SUMMARY OF INCREMENTAL FUND BALANCES - PHASE III FIRST (including General Capital_Projecttts and Water) General Fund s304,831 5 3,947,286 $ 939,395 Balances w/30%Or.c. General Fund 5294.059 5 2.963,122 $ 841,181 Balances w/10%ac. Capital Projects $448,182 $10,949,963 $5,925,831 Fund (BEST) Water Fund $ 14,391 $ 1,620,025 $1,526,115 r, 1r General Fund (5136,932) (51,831,856) (5 465,223) Balances w/30%ott. General Fund ($216,931) ($2.83 1,862) (5 665,238) BaWnces w/10%oc<. Capital Projem $253,624 56,568,946 $3,381,656 Fund (BE3"n Water Fund 5 2,132 $ 831,489 S 760.119 SUMMARY OF INCREMENTAL FUND BALANCES - PHASE III FIRST (including General Capital_Projecttts and Water) General Fund s304,831 5 3,947,286 $ 939,395 Balances w/30%Or.c. General Fund 5294.059 5 2.963,122 $ 841,181 Balances w/10%ac. Capital Projects $448,182 $10,949,963 $5,925,831 Fund (BEST) Water Fund $ 14,391 $ 1,620,025 $1,526,115 SUMMARY OF INCREMENTAL REVENUES kaunm ..aam( -1 Mnual S 451.512 sale rm xm aline Uvit, Bsse o1 s421.onc nnnua s 314.275 P,openy ru aer,ryutl m. of 125.61 In Axied S 231,785 a, IT Ren 0.1.11 S.. EW.Purdare F,[e IT Me-ume 55,975.831 b i. lnnwa.' "nn Il -v -a a, nono. v(rrem permEary SYcy MwN 5 449,187 nP lan one -nine 31,426,090 eonu�unw rttma. Om -eine 34185,223 nme9vre gmen,urs Per., Annus $ 25,659 SUMMARY OF INCREMENTAL GENERAL FUND OPERATING EXPENDITURES POTENTIAL METRO DISTRICT BONDING CAPACITY •Residential District - 4S Mills •Commercial District - 25 Mills •Servrce District- Maintains Plaza. Administers Districts. Issues goods •Annual Plaza Maintenance Costs of S7S0,000 Assumed epamally funded from S1,500 annual user fee for each residential unit - 10 Mills Transferred to Town of Avon General Fund to into fund Transit Costs •Limned Tax General Obligation fonds in amount of S7,1160,000. could be supported at full buddlout(2016) �ea.aey„+a,­aEI41iJill ..d.. Department Anneal So mz6AspmMigf Polly 5336,295 numlxn.....J,. Public Warks $250,000 i. lnnwa.' "nn Il -v -a a, nono. wexwu Transit System 55]0.1]0 coroow u i° e.`a` i.',...o,.u, I—In Administration $ 86,135 sn�ea mea mne„mem,i Puce win, xau.a,c I, Community Dty. S 0aeonma,o, 1u1,.. ­1d tsml.y:ni— 1—,I, inn,.n. POTENTIAL METRO DISTRICT BONDING CAPACITY •Residential District - 4S Mills •Commercial District - 25 Mills •Servrce District- Maintains Plaza. Administers Districts. Issues goods •Annual Plaza Maintenance Costs of S7S0,000 Assumed epamally funded from S1,500 annual user fee for each residential unit - 10 Mills Transferred to Town of Avon General Fund to into fund Transit Costs •Limned Tax General Obligation fonds in amount of S7,1160,000. could be supported at full buddlout(2016) POTENTIAL URA BONDING CAPACITY •Difficult to accurately projett bonding capacity, because of so many ariables ,rN flapping M -I Cevus, Propery Tax IncrtmeM, values and COmpkCmn of all Mree phases, future Interest rates ,We identify that perhaps $15 0 mill Ion of bonds could be supported (at full buildout), netting approximately SI1.8 million of bond proceeds _..I'd likely require Tann Moral Obllgatlro Pkdge or ch,quo er Credit Pnhanceme.n ,Another option would be for UM to coliett Incremental property taxes and transfer them to Avon 21 Metro District for bonds