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HomeMy WebLinkAboutZMA200600007 Executive Summary 2006-11-01COUNTY OF ALBEMARLE EXECUTIVE SUMMARY AGENDA TITLE: ZMA 06 -07 Hollymead Town Center Proffer Change SUBJECT /PROPOSAL /REQUEST: Request to amend the Hollymead Town Center Area B Proffer which required Meeting Street to be constructed as a half section by June 15, 2006 STAFF CONTACT(S): Cilimberg, Dougherty LEGAL REVIEW: YES AGENDA DATE: November 1, 2006 ACTION: X INFORMATION: CONSENT AGENDA: ACTION: INFORMATION: ATTACHMENTS: YES BACKGROUND: The Planning Commission heard this request on September 5, 2006. Staff had recommended disapproval and the Commission recommended denial due to lack of progress by the Owner. Exhibit A is the staff report for the Planning Commission public hearing. DISCUSSION: On October 13, 2006 the applicant for the rezoning of Area A met with County staff to discuss a schedule for constructing the half section of Meeting Street in order to satisfy the original Area B proffer. The Area A applicant would prefer to build the full section of Meeting Street at one time (once a rezoning on Area A is approved). However, the timing of the approval of the Area A rezoning is unknown at this time as the project is still being conceptualized. Nevertheless, the Area A applicant has begun construction of Meeting Street, which will allow the Area B applicant to fulfill their Meeting Street proffer. The Area A applicant intends to finish construction of the road this November. To date, Meeting Street has storm drains installed and has a rough base of stone. It should be possible to complete the road this calendar year. Once the road is complete, it will be reviewed and should be accepted by VDOT by late spring 2007. (VDOT can take up to six months to accept a road into the VDOT system.) Since the Planning Commission denied the request to extend the proffer by two years, the applicant has resubmitted proffers in which he requests that the proffer only be extended by one year to allow for Meeting Street's construction and VDOT acceptance (See Exhibit B, revised proffers). The resulting deadline to build Meeting Street and have it accepted by VDOT would be June 15, 2007. Given that it is not likely the road can be accepted by VDOT in advance of that date and in order to provide some flexibility with respect to weather and other construction and review variables, the proposed change is a practical, but not excessive extension of the original proffered deadline that was not met. RECOMMENDATIONS: In consideration of the road now being under construction, staff believes that an extension of the proffers as now proposed is acceptable and that concerns raised by staff and the Planning Commission in recommending denial of the originally proposed proffer change are now better addressed. Therefore, staff recommends approval of revision of the proffer for the Meeting Street half section which proposes to extend the deadline to construct and have the road accepted by VDOT by June 15, 2007. ATTACHMENTS: EXHIBIT A: Staff report presented to the Planning Commission EXHIBIT B: Proffers COUNTY OF ALBEMARLE PLANNING STAFF REPORT SUMMARY Project Name: ZMA 06 -07 Hollymead Town Staff: Sean Dougherty Center Proffer Change Planning Commission Public Hearing: Board of Supervisors Public Hearing: September 5, 2006 October 11, 2006 Owners: Hollymead Town Center, LLC and Applicant: Steve Blaine Target Corporation Acreage: 24.7acres Rezone from: Amend proffers in PDMC TMP: Tax Map Parcel 32- 43, 32 -43B, 32- By -right use: 24.7 acres of Planned District Mixed 43C, and 32 -43D Commercial (PDMC) zoning. Location: 75 yards west of Hollymead Town Center Area B (Target and Harris Teeter) Magisterial District: Rio Proffers: n/a Proposal: To amend proffer to allow for the Requested # of Dwelling Units: n/a extension of the proffered completion date of Meeting Street by two years. DA (Development Area): Hollymead Town Comp. Plan Designation: Crozet Master Plan - Center in the Hollymead Neighborhood. Town Center -- Compact, higher density area containing a mixture of businesses, services, public facilities, residential areas and public spaces, attracting activities of all kinds. (6.01 -34 dwelling units per acre). Character of Property: Graded and Use of Surrounding Properties: Surrounding prepared for development. properties include Area B of the Hollymead Town Center (anchored by Target), Holly Memorial Gardens to the east across Rt. 29 and Deerwood to the west. The U.S. Post distribution center along airport road lies to the northeast. Factors Favorable: Factors Unfavorable: This request would relieve a zoning violation 1. If approved, construction of the road may lag and would allow certificates of occupancy behind development in areas C and D. currently being withheld to be issued for 2. No circumstances have changed to allow staff to businesses seeking to occupy vacant spaces consider the original commitment to be in Area B. inappropriate. RECOMMENDATION: Staff does not recommend extending the proffer. However, if the Commission feels extending the proffer is appropriate, it should only be extended until August 15, 2007. This would allow roads required to support the town center to be in place before additional developments in Areas C and D are occupied, provide sufficient time to build the road and have it accepted by VDOT, and to reduce impacts on existing roads prior to the fall season when the area population and vehicle volumes typically increases. ZMA 2006 -0007 Hollymead Town Center Proffer Change STAFF PERSON: Sean Dougherty PLANNING COMMISSION: September 5, 2006 BOARD OF SUPERVISORS: October 11, 2006 ZMA 2006 -0007 Hollymead Proffer Change »dhdrlki 9 PROJECT: ZMA 2006 -00007 Hollymead Town Center Area B Proffer Amendment PROPOSAL: To amend approved proffers on land that is zoned PDMC: Planned Development Mixed Commercial - large -scale commercial uses; and residential by special use permit (15 units/ acre). No dwelling units are proposed. PROFFERS: Yes EXISTING COMPREHENSIVE PLAN LAND USE /DENSITY: Town Center -- Compact, higher density area containing a mixture of businesses, services, public facilities, residential areas and public spaces, attracting activities of all kinds. (6.01 -34 dwelling units per acre). ENTRANCE CORRIDOR: Yes LOCATION: West of Route 29 between Town Center Drive and Timberwood Boulevard. TAX MAP /PARCEL: Tax Map 32, Parcel 43; Tax Map 32, Parcel 43B, Tax Map 32, Parcel 43C; and Tax Map 32, Parcel 43D MAGISTERIAL DISTRICT: Rio CHARACTER OF THE AREA The subject property is located off of U.S. Route 29 north in the Hollymead Town Center west of Harris Teeter and Target. The area has been cleared, graded, and prepared for development. SPECIFICS OF THE PROPOSAL The applicant is requesting an amendment to an approved proffer which required the owner of Area B to construct Meeting Street as a half section with a travel lane in each direction and a bike lane in one direction by one year after Target opened. This "half section" standard is half of the ultimate road and can function satisfactorily until the full section is built. The deadline for building the road was June 15, 2006 and it is not yet built. It is identified on Attachment A as Meeting Street; the portion the applicant is responsible for constructing is highlighted in red. The applicant would like this date to be extended by two years to June15, 2008. Attachment B contains the proffers approved for the town center and proposed changes. Proffer 4 is in violation. The approved proffer language is shown in red - strikethrough, and the proposed changes are shown in blue. APPLICANT'S JUSTIFICATION FOR THE REQUEST This zoning violation prohibits any certificates of occupancy to be issued in Area B until the violation is reconciled. The applicant is requesting an extension of the deadline to construct Meeting Street by two years in order to resolve an outstanding proffer violation and allow certificates of occupancy to be granted for businesses in this area. The applicant estimates it will take four to six months to build the road and take roughly the same amount of time to have it accepted by VDOT and is therefore requesting a generous extension to avoid the need to amend the proffer again. However, the applicant has stated that he would prefer that the Area A applicant build the road as a full section. Area A has not been rezoned . The applicant anticipates the rezoning would occur in the near future ZMA 2006 -000 2 Hollymead Town Center Troffer Change to allow the applicant for Area A to build the road by June 15, 2008. According to the proffers, if the Area A applicant commits to build the entire desired section of Meeting Street, the Area B applicant would be relieved from the requirement to construct any portion of Meeting Street. PLANNING AND ZONING HISTORY On July 16, 2003 the Board of Supervisors approved a rezoning of Area B in the Hollymead Town Center from RA to PDMC. This rezoning was followed by the Area C and D rezonings on August 6, 2003. Action on Area A, 78 acres lying to the south and west of the developed portion of the town center, was deferred in March of 2003. The applicant for Area D proffered no specific vehicular transportation improvements, but committed to building a greenway trail and made cash proffers for capital improvements. The following proffers for transportation improvements were made with area B and C rezonings: Area B proffered to build Town Center Drive (southern town center entrance on U.S. Route 29) to the edge or Area B including dual left turn lanes from Northbound U.S. Route 29 to Town Center Drive and install a traffic signal. Area B also proffered to construct Town Center Drive to its intersection with Route 606 (Dickerson Road). This proffer will be considered satisfied when Area A is rezoned and the Area A owner makes a proffer binding Area A to build this connection. Area B proffers include a commitment to build an additional northbound through -lane along Route 29. Area B also proffered to build Meeting Street to accommodate two travel lanes (one in each direction) and a bike lane. Area C proffered to build Timberwood Boulevard (northern town center entrance) from Route 29 to Airport Road including dual turn lanes and signal on U.S. Route 29. Area C proffers include a commitment to build a continuous southbound through -lane on U.S. Route 29. The Area C applicant has built the roads he committed to in the rezoning. To date, a portion of these roads have been accepted by VDOT and in the process of gaining VDOT acceptance. In order to gain a certificate of occupancy for Target in Area B, the applicant bonded Meeting Street, as required by the proffers. This first certificate of occupancy in the town center (Target store) was issued on June 15, 2005, making the deadline for completing Meeting Street June 15, 2006. On August 18, 2006, the Chief of Zoning issued a memo directing staff to withhold all permits for businesses in Area B. This does not affect businesses that were open by August 18, 2006, such as Target and Harris Teeter. All businesses that did not have a certificate of occupancy by August 18, 2006 in Area B are affected and are unable to operate until the proffer is executed by the owner or the proffer is amended and accepted by the Board of Supervisors. After being withdrawn in 2003, the Area A rezoning was reactivated in last year. In October 2005, a proposal for Area A was reviewed in a Planning Commission work session. In March of 2006, a modified rezoning application plan for Area A was reviewed by the Planning Commission in a public hearing. Due to many outstanding issues with the application plan, the project was deferred. In early August of 2006, the Area A applicant resubmitted a rezoning application plan. This plan will be reviewed by the Planning Commission on September 12, 2006 COMPREHENSIVE PLAN The Land Use Plan designates this area as Town Center. The Town Center designation at Hollymead includes 180 acres is accompanied by "Conceptual Masterplan and Design Guidelines for the Hollymead Town Center" (Guidelines). Prior to approval of the town center comprehensive plan amendment, a comprehensive traffic study was performed based on a maximum of allowable uses in each area. The traffic study, which is reflected in the Guidelines, included several new roads that ZMA 2006 -000, Hollymead Town Center Troffer Change would connect U.S. Route 29, Airport Road, and Dickerson Road to provide a network of internal streets to address new development and provide for better functionality of existing roads. The primary roads considered in the traffic study include Town Center Drive, the east -west route that connects Dickerson Road to Route 29; Timberwood Boulevard, the east -west route that connects Airport Road with Route 29; and Meeting Street, the primary north -south route that connects the aforementioned east -west routes, that runs parallel to U.S. Route 29. Building Meeting Street is in conformity with the Comprehensive Plan. STAFF COMMENT Though the Area B owner proffered to construct a half section of Meeting Street, it is located in Area A and part of the larger road system that serves the town center. To satisfy the proffer, the applicant needs to build a travel lane in each direction and a bike lane in one direction. The full section ultimately prescribed for Meeting Street in the Guidelines includes a planted median, travel lanes, bike lanes, on- street parking, planting strip, and sidewalk. Included in the Area B bond for Meeting Street are the required travel lanes and a segment of Town Center Drive that would allow a connection between Meeting Street and U.S. Route 29. It is anticipated that the Area A applicant would construct the full section if and when a rezoning is approved in that area. Road plans for Meeting Street, including the desired full street section have been provided to engineering staff by the Area A applicant. These plans are generally in line with the expectations for the full section as identified in the Guidelines. However, until there is an approved rezoning in Area A, there is no proffer commitment to build the full section of the road, nor is there a mechanism for accepting a bond for the full section. After the Area B,C, and D rezonings were approved, the owner of Area B signed an access, construction, and maintenance agreement with multiple owners of the entire town center property to establish each entity's responsibility for the construction of roads within the town center (see Attachment C for a copy of this agreement with portions pertaining to this proffer highlighted). This agreement states that if Meeting Street is not completed as outlined in the proffers, the applicant has the right to build the road and charge Wendell Wood, partner to the agreement and owner of several properties included in the town center Comprehensive Plan designation area, for the cost to construct the road. This agreement has provided and continues to provide the applicant the ability to satisfy the proffer. The applicant has indicated that exercising their right to fulfill the proffer through the access, construction, and maintenance agreement is likely to foment a lawsuit between the private agreement signatories. In spite of the clearly defined responsibilities laid out in the agreement, the applicant estimates that this process may result in further delaying construction of the road. Options for the Planning Commission and the Board of Supervisors There are three options available to the Planning Commission and Board of Supervisors to ensure Meeting Street is constructed. The first option would be to deny this request to change the proffer. In doing this, the owners would likely exercise their option to construct the road and bill the former owner, Wendell Wood. The negative side is that the owner is only obligated to build Meeting Street to its intersection with Town Center Drive. (Completing Town Center Drive from U.S. Route 29 to Dickerson Road is an obligation of the Area A Owner, who has yet to obtain a rezoning of that property.) Therefore until Town Center Drive is completed, the Area B proffer to build Meeting Street to Town Center Drive would result in a dead end. A dead end on Meeting Street means that interconnecting Meeting Street and Town ZMA 2006 -000 4 Hollymead Town Center Troffer Change Center Drive would not take place until Area A is rezoned and Town Center Drive is accepted by VDOT. Should the applicant exercise this right to satisfy the proffer, the required two travel lanes and bike lane of Meeting Street needs to be built and accepted by VDOT. In a best case scenario, the road could be built this fall or early next spring after asphalt plants are reopened. However, VDOT acceptance will likely take up to six or seven months after the road is built. Therefore, the soonest the proffer could be met, assuming construction begins this fall, would be June 2007. This is one year after the proffer violation and one year sooner than the applicant has requested. Should the Owner not exercise his right to build the road as prescribed by the access, construction, and maintenance agreement, the County's recourse would be to continue withholding certificates of occupancy and call the bond and construct the street itself. The bond for Meeting Street includes a segment of Town Center Drive which would connect to Meeting Street, eliminating the dead end reference above. Further, this segment would connect Meeting Street with U.S. Route 29 along Town Center Drive, making a complete connection. (Though this segment is part of the bond for Meeting Street, it is not required by the Area B proffer to build Meeting Street). The downside to this option is that calling the bond would be a time intensive process during a period in which the engineering staff has a backlog of reviews and has been understaffed. The second option would be for the County to approve the proposed proffer change and allow the applicant to extend the time for completion. The positive aspect of this option is that it might provide an opportunity for a full section of Meeting Street to be constructed rather than two half sections. The downside of this option is would be that Meeting Street's construction may be further delayed during a time that other pending developments may occur that were intended to be able to utilize Meeting Street: Area D has been subdivided into 94 townhouse lots, with another 60 anticipated in the near future. A total of four final site plans are in the process of being reviewed in Area C to bring 55,000 square feet of office and retail, a 7,800 square foot restaurant, a 67,000 square foot assisted living facility, and 42 townhouses. Though there is no way to determine when the projects identified will be completed, it is likely that a good portion will begin site work shortly after the pending site plans are approved. The original traffic study allowing for the aforementioned development relied on the complete road system, including Meeting Street, being constructed by certain deadlines. If the deadline to complete Meeting Street is extended by two years, it is likely the completion of the road facility may follow the development of significantly more residential and commercial development in Areas C and D. Without the road being constructed, the impacts of pending development in Areas C and D would fall on the existing roads constructed inside the town center and associated access point on Route 29 and Airport Road. To date, with roughly' /4 of the town center developed, no serious transportation problems can be attributed to the road not being constructed. A third option is to only extend the deadline to August 15, 2007 which is likely to generally coincide with any certificates of occupancy that would be issued in Area C and D. This proffer extension date has not been offered by the applicant. An extension to August 15, 2007 would provide sufficient time to meet the proffer, particularly in consideration that it was promised this year. This deadline would ensure that the road is in place before the busy fall season and the return of roughly 20,000 students and employees to the University of Virginia. This yearly return, in addition, to the regular school year and upswing in commercial activity after summer adds more volume to local roads. The extension to August of next year would allow businesses currently seeking certificates of occupancy in the Area B portion of the town center to proceed in the meantime. Though the proffer only guarantees a half ZMA 2006 -000 Hollymead Town Center Proffer Change section of Meeting Street to be built, the function the road was designed to provide would be in place. Building the half section would be less efficient than building the full road. However, there is no guarantee the other party who could build the full section of the road (Area A owner) will do so before August 15, 2007. SUMMARY Staff believes that the applicant has not met their obligation and that the circumstances under which the applicant committed to build a half section of Meeting Street have not changed. Meeting Street is a critical facility shared by all areas of the town center. Staff has identified many pending developments in Areas C and D that will be allowed to move forward which need the road, but which are not responsible for the applicant to meet his obligation. Staff can identify no reason to extend this proffer and reduce pressure for the applicant to meet his obligation. FACTORS FAVORABLE 1. The proposed proffer deadline extension to June 15, 2008 would relieve a zoning violation and would allow certificates of occupancy currently being withheld to be issued for businesses seeking to occupy vacant spaces in Area B. FACTORS UNFAVORABLE 1. The requested two year extension for construction of the road may lag behind significant development in areas C and D. 2. No circumstances have changed to allow staff to consider the original commitment to be inappropriate. RECOMMENDATIONS: Staff does not recommend extending the proffer. However, if the Commission feels extending the proffer is appropriate, it should only be extended until August 15, 2007. This would allow roads required to support the town center to be in place before additional developments in Areas C and D are occupied, provide sufficient time to build the road and have it accepted by VDOT, and to reduce impacts on existing roads prior to the fall season when the area's population and vehicle volumes increase due to returning students and the end of summer. ATTACHMENTS Attachment A: Town Center Illustrated Map Attachment B: Proposed Proffer Changes Attachment C: Access, Construction and Maintenance Agreement ZMA 2006 -0007 Hollymead Town Center Proffer Change Orit mai. Proffer Amended Proffer i.Amendment ='_006-0"} PROFFER FORM Date: if) 11,06 Z NIA -, 2006-0s 'l as 'v ap an-' Peres' Nun ber(s 3,-_-4M - -43r 2-43D 26 Acres to be rezoned from PD -vlC to PD =IUIC Pursuan- z t Section - of the Albemarle County Zoning Ordinance, the owner, or its duly authorized anent, her voluntarily proffers' the condition- listed below which shelf be applied to the property, it" "rezoned. These conditions are proffered as a part ofthe requested rezoning and it is weed that: (11 the rescuing itself gives rise to the need for the conditions; and '2' such conditions have a reasonable relation to the rezonhhg request. i. Development shall . be in general accord with the Application Plan, entitled Rezoning Application Plans for Aollymead Town Center Regional Service Area B. (Sheen A -1, A -2, and A -6 of? only), prepared by Rivanna Engineering L Surveying, PLC, revised February 15, 2002, last revised April 29,'-003 ( 'Application Plan "). The owners have presented, as part of their rezoning applications, a number of conceptual plans and illustrations for various purposes, but principally to provide justification for the rezontmg actions they are seeking. Unless specifically referenced in these proffers, all plans and illustrations submitted as part of Applicant's rezoning application, other than the Application Plan as defined above, shall be deemed illustrative only, and such plans and illustrations shall not deemed proffers. The owners reserve the right to reconfigure the outparcel improvements, consisting -of buildings, parking and drive aisles and drive - through window features that are the subject of SP 01 -63 and SP 01 -64 and as shown on the Application Plan in order to: ij comp]} with conditions imposed by such Special Use Permits, and ii) assure compliance with .ARB requirements. _. The owners of Area B. as shown on the Application Plan (the `Owner"' shall cause completion of the following road improvements: Access Road ,A, as depicted or -- the Application Plan, across from the Aoilymead Memorial Gardens Cemetery at US Route 29 on to the western boundary of Area B. This shall include the two eastbound lanes located on Area A pursuant to road plans approved by the Virginia Department of Transportation "V DOT "j and the County as par. of the Area B site plan. Access Road A also shalt include dead left and dual right turn, lanes a€ the midsection with Route 29. B. Dual ien, :urn lanes at the intersection o`Route 29 and Access Road A. from northbound Route 29 into Access Road A. "Fite dual left turn lanes and signaiization at Route 29 and Access Road A shall include median eat and cross -over construction at the 1- iollvmsad Memorial Gardens Cemetep< location, (the "Cross - over"; as scheduled in coordination with VDGT. The Owner also proffers to constrnet a sinade southbound left turn lane on Route 29 at the intersection (to allow left turn movement into the cemetery). All tarn movements shall be signalized at the intersection of koute 29 and Access Road A, as approved by VD,-)T. C. i'ns Owner shall dedicate land, if necessary, and coriv uct a continuous right turn lure on, Route 29 so,iu =bound from t,.c northern boundar of the Propert} to tile entrance road, (Access Road A). The Owner proffers to construct a third southbound through lane on Route 29 from the northern bounden of the Property to the entrance road, (Access Road A) and beycnc- the entrance -mad. - ;Access Road A) for a distance of M0 feet D. The southbound through lanes of Route 29 shall be re- constructed to the profile grade ofthe northbound lanes to meet adequate sight distance requirements at the Cross -over, based upon a 50 mile per hour design speed and a maximum 4 percent cross -slope requirement. E. A third northbound through lane shall be constructed on Route 29, 1000 feet in length on each side of the Cross -aver. The road improvements listed in 2A, 2$ 2C, 2D and 2E above shall be constructed, in accordance with road plans submitted by the Owner and approved by VDOT. All of the foregoing improvements shall be i) constructed to VDOT design standards pursuant to detailed plans agreed to between the Applicant and VDOT, and fl) accepted by VDOT for public use or bonded for VDOT's acceptance as a condition for issuance of any certificate of occupancy for Area B improvements. The width, length, (except as specified in 2C and 2E above) Iocation, (inside median or outside existing pavement), type of section (e.g., urban vs. rural), and geometries of all lane improvements shall be as required by VDOT design standards and detailed plans submitted by the Owner and approved by VDOT. 3. The Owner shall cause to be constructed and dedicated the segment of Access Road A from the western boundary of Area B to its intersection with State Route 606, also known as Dickerson Road and as shown on the attached map entitled Future Roads, dated July 15, 200' , ( "Exhibit A"), Construction of this section of Access Road A shall be completed for acceptance by VDOT for public use and dedication of a minimum 60- foot -wide right -of -way and all necessary easements have been dedicated to the County within three (3) years from the date of approval of ZMA -01 -019. This section of Access Road A shalt be constructed to accommodate two travel lanes (one in each direction). Notwithstanding the foregoing, the road proffers described in this paragraph 3 shall be satisfied if plans for all such road improvements have been submitted for review by VDOT and, although such improvements are not accepted by VDOT for public use within three (3) years from the date of approval of ZMA -0 1 -019, sufficient bond has been supplied to satisfy all costs to complete such improvements in accordance with plans approved by VDOT. Further, the road proffers described in this paragraph 3 shall be satisfied if and when any portion of Area A is rezoned, and the owner of Area A makes a proffer binding Area A. or any portion thereof to all the obligations contained in this proffer 3. 4.. The Owner also shalt cause to be constructed and dedicated Meeting Street (formerly referred to as Ridge Road) from its intersection with Access Road A (Hollymead Town Center Drive) to the northern boundary of Area A (with Area C), as shown in blue on Exhibit A. Construction of the see' tion of Meeting Street as shown on Exhibit A shall be completed for acceptance by VDOT for public use within two (2) years after the issuance of acertificate of occupancy for Area B, by June 15, 2007. This section of Meeting Street shall be constructed initially to accommodate two travel lanes (one in each direction) and a bicycle lane only (without parallel parking and sidewalks). The area to be dedicated, however, shall be not less than sixty (60) feet in width to allow future widening. No certificate of occupancy shall be issued for any use within Area B until the segment of Meeting Street required to be constructed by this proffer is either constructed to VDOT's standards, or a sufficient bond or other form of surety is provided to the County in an amount sufficient to assure its construction and VDOT's acceptance. If the owners of Ares A refuse after request from the County to dedicate land sufficient for Meeting Street as contemplated herein, then the Owner shall pay the costs to acquire such land, which costs shall include VDOT's normal costs of acquiring by condemnation, including land acquisition, engineering, surveying, reasonable attorneys fees, and the cost of construction of this section of Meeting Street, and other related expenses. 5. Owner proffers to contribute $56,000.00 to the County or VDOT, on behalf of Area B and Area A for the purposes of funding a regional transportation studs for the Route 29 corridor. The 550,080.00 contribution shall be made within thirty {30) days alter requested by the County following site plan approval for Area B and, if not expended for such purpose after three (3) years from the date the funds were contributed such funds shall be refunded to the Owner. 6. Upon the request of the County, Owner shall petition for and consent to a Community Development Authority ( "CDA ") established pursuant to Section 15.2 -5152, et seq. of the Code of Virginia ( "Code ") to be created for the purpose of financing, funding, planning, establishing, constructing, reconstructing, enlarging, extending, or maintaining (except to the extent VDOT maintains any public improvements) Route 29, and roads and other improvements associated therewith, which shall include, but may not be limited to, improvements to Route 29 from the South Fork of the Rivanna River to Airport Road or the extension of Ridge Road as depicted on Exhibit A. to the south and across the Rivanna River to connect to Berkmar Drive. This proffer shall only apply if ail of the owners of the lands subject to ZMA- 01 -0 18, ZMA -0 1 -19, ZMA -01 -020, and ZMA -02 -002, as such applications exist or, July 16, 2003, excluding residential property, have ioined or been caused to join the same or a similar CDA for the purposes described herein. This proffer shall apply only if, at the time of the formation of the CDA, the rate of any special tax imposed shall be uniform and shall not exceed twenty -five cents (S.25) per $100 of the assessed value of any taxable real estate within the CDA, unless all the owners within, the CDA subsequently consent to any proposed rate or level of assessment otherwise. 7. There shall be two (T pedestrian walkways, grade arms located within parking areas depicted on the Application Plan, located to the satisfaction of the Director of Planning and Community Development. These pedestrian walkways! grade arms within the parking areas shall be tree - lined, by planting street trees at least every fifty feet (SQ') on center. Submitted as of the 11 ° day of October, 2006, by (REMAINDER OF PAGE LEFT INTENTIONALLY BLANK; SIGNATURE PAGES TO FOLLOW.1 HOLLYMEAD TOWN CENTER, LLC, a Delaware limited liability company By: Regency Realty Group, Inc., a Florida corporation, Its Manager By� Date: A C 1 Id! G \. Sts: l� C uh� Iz st'—L TARGET CORPORATION, a Minnesota corporation Bv: Date: Name: Title: If you intend to proffer to limit the uses of your property to some ofthe uses permitted within the property's proposed zoning district, the County suggests that your proffer contain the standardized introductory language set forth below, For Proffers that will restrict the uses of the property to certain specified permitted uses and /or those uses authorized by a special use permit the following language is suggested: _ Permitted uses of the property, andw uses authorized by special use permit, shall include only the following sections) of the Albemarle County Zoning Ordinance in effect on (insert date of proffer), a copy ofthe section(s) being attached hereto: (State section number and the use associated with that section) For proffers that will allow most ofthe uses permitted in the zoning district, but will exclude some, the following language is suggested: Permitted uses ofthe property, and/or uses authorized by special use permit, shall include only those uses allowed in section(s) (insert section number(s)) of the Albemarle County Zoning Ordinance in effect on (insert date ofthe proffer); a copy ofthe section(s) being attached hereto, except the following: (State section number and the use associated with that section) The date ofthe proffer should be the date that your application will be considered by the Albemarle County Board of Supervisors. By inc ?uding the tse associate with a section number the Count -- will be able to verify what is being proffered so that there is no dispute (e.g., as a result of a typographical error; whether the proffered use was intended to be included or excluded_ HOLLYMEAD TO'V N CENTER, LLC. a Delaware limited liability company By: Regency Realty Group, In (orida corporation, Its Manager By Date:+ Its: C" TARGET CORPORA lON, a Minne aFporation /� By: _�� Date: A �A� — Name: , i Teriv�mard - """77T��� sistant secretary — _ Title: r If you intend to proffer to limit the uses of your property to some of the uses permitted within the property's proposed zoning district, the County suggests that your proffer contain the standardized introductory language set forth below. For Proffers that will restrict the uses of the property to certain specified permitted uses and/or those uses authorized by a special use permit the following language is suggested: -. Permitted uses of the property, and/or uses authorized by special use permit, shalt include only the following section(s) of the Albemarle County Zoning Ordinance in effect on (insert date of proffer), a copy of the section(s) being attached hereto: 1. (State section number and the use associated with that section) For proffers that will allow most of the uses permitted in the zoning district, but will exclude some, the following language is suggested: Permitted uses of the property, and /or uses authorized by special use permit, shall include only those uses allowed in section(s) (insert section number(s)) of the Albemarle County Zoning Ordinance in effect on (insert data of the proffer'), a copy of the section(s) being attached hereto, except the following: (State section number and the use associated with that section) The date of the proffer should be the daze that your application will be considered by the Albemarle County Board of Supervisors. By including the use associate with a section number the County will be able to verity what is being proffered so that there is no dispute (e.g., as a result of a typographical error) whether the proffered use was intended to be included or excluded. 0� F EC A I R RYAN p V � i ATTORNEYS AT LAW A P- f—i—al C pomtiws a LORI H. SCHWELLER D,r,t Pay- 43z,2% 090S October 23, 2006 Y14 HA 'D DELIVERY Mr. Sean Dougherty, County of Albemarle 401 McIntire Road, Room 22', Charlottesville, VA 22402 Re: Hollymead Town Center Regional Service Area B Amended Proffers Dear Sean: Enclosed are fully- executed originals ofthe amended proffers for Hollymead Town Center Regional Service Area B. changing completion date for Meeting Street to June 15, 2007. Please let me know if you need additional information or have questions regarding the enclosed. Thank you very much. Very truly yours, Lori H. Schweller Enclosures cc: Mr. Wendell W. Wood, Registered Agent for HM Acquisitions, L.L.C. Mr. Jeff Dierman. Dierman Realty Group, LLC Mr. John D. Fitzpatrick, Regency Centers Mr. J. P. Williamson, Jr., Octagon Partners, L.L.C. Ms. Laurie Jones, Target Corporation Lila Shapiro Cyr, Esq., Ballard Spahr RECEFIVED OCT 23 2006 COMMUNITY DEVELOPMENT <ii a 't I a'k. 1, t' 1 ;Z rI,,It ­ 61,, I Al 1,1 N IL f6'i ...... �1u • Ro: Kok 11 13, a, 1, - %Xa hill G1 UC �<t t.irc'I;i, ri t.t ncc.m