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TC Res. No. 1990-20! • TOWN OF AVON RESOLUTION NO. 90 - 20 SERIES OF 1990 A RESOLUTION GRANTING A DENSITY TRANSFER OF TWO RESIDENTIAL DEVELOPMENT RIGHTS FROM TRACT B, BLOCK 1, FILING 2, EAGLEBEND SUBDIVISION TO LOT 8, BLOCK 1, BENCHMARK AT BEAVER CREEK SUBDIVISION WHEREAS, Euro Development Inc. has requested that they be allowed to transfer two residential development rights from Tract B, Block 1, Filing 2, Eaglebend Subdivision, to Lot 8, Block 1, Benchmark at Beaver Creek Subdivision; and WHEREAS, the Planning and Zoning Commission has determined that the transfer: 1. Complies with all requirements imposed by the Zoning Code; and 2. Is consistent with the objectives and purposes of this Zoning Code and the applicable Zoning District; and 3. Will be compatible with surrounding land uses and uses in the area and recommends approval. NOW, THEREFORE, BE IT RESOLVED, that the Town Council of the Town of Avon hereby approves the transfer, subject to the following: 1. Execution of the contract between Euro Development Inc. and Eaglebend Partnership for purchase of two development rights. ADOPTED THIS 26th DAY OF JUNE, 1990. TOWN COUNCIL TOWN OF AVON Gloria Mc Rory. Mayor ProT AT Patricia J Doy e, Tow Clerk