It is recommended that the Planning and Zoning Board vote to recommend to the Town Council approval of the ordinance to rezone an approximate 9.45 acre property, as described as Tract “A” in Attachment “A” of the Staff Report, from IU-C (Industrial Use Conditional) to RM-36 (Residential Multifamily 36 units to the Acre) in order to allow for the residential component of the development of the “Senior Village”.

The overall project also requires (1) a rezoning from IU-C to RM-36, (2) plat, (3) a site plan for the age-restricted housing, and (4) a separate site plan for the assisted living and skilled nursing facility.

Per Florida Statute, the sequence of applications considered by the Town Council shall be as follows: FLUM Amendment to the Comp Plan, rezoning, plat, then two site plans. The Planning and Zoning Board is acting in its capacity as the Local Planning Agency as it considers this item and its companion rezoning; afterward, both will be scheduled for first reading by the Town Council. Finally, the plat and site plans will be presented to the Town Council for consideration along with the Ordinances on Second Reading. Because the FLUM amendment (and rezoning) is less than ten (10) acres, it must be transmitted to the State of Florida's Department of Economic Opportunity as part of their Small Scale Expedited Review procedure (FS Section 163.3187). As such, the effective date of the FLUM amendment, and in-turn the request and all companion applications shall be 31 days after adoption by the Town Council.

The entire planning process is anticipated to be completed by June of 2017, which is within the timeframe established by the Graham Companies vested rights authorization, reference attached Vesting Notice.