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COWR REZ18002PLANNING AND ZONING COMMISSION n FINDINGS OF FACT AND RECORD OF DECISION Q►Vo n COLORADO DATE OF DECISION: April 17, 2018 TYPE OF APPLICATION: Rezoning PROPERTY LOCATION: Section 12, Township 5, Range 82 PCLIN, NW 1/4 of SE 1/4 FILE NUMBER: #REZ18002 APPLICANT: Colorado World Resorts LLC This Record of Decision is made in accordance with the Avon Development Code ("Development Code") §7.16.050(b): DECISION: Approval with the following findings: FINDINGS: 1. The Application was reviewed in accordance §7.16.050, Rezonings, Avon Development Code; 2. The application and supporting documentation provides sufficient information for PZC to determine that the application complies with the review criteria and Avon Comprehensive Plan; 3. The Application is substantially compliant with the purpose statements of the Development Code by providing for the orderly, efficient use of the Property, while at the same time conserving the value of the investments of owners of property in Town; and 4. The Planning and Zoning Commission held a public hearing on April 17, 2018, and considered all written reports, referral comments, and public testimony, prior to making a formal recommendation to the Town Council. S. The RH, OLD, and STRO districts are found to be compatible with adjacent residential development and open space surrounding the property. THESE FINDINGS OF FACT AND RECORD OF DECISION ARE HEREBY APPROVED: BY: PZC DATE: 5 PZC Record of Decision: #REZ18002 Page 1 of 1