08-12 and 08-13-13 Regular Meeting, including Budget Workshop of La Porte City Council

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The Planning & Zoning Commission, during their July 18, 2013, meeting, held a public hearing to receive citizen comments regarding Rezone Request #13-92000001. Stuart Shaw of Bonner Carrington, on behalf of Bobby Grisham, owner/trustee., seeks to have the 12.254 acre property rezoned from General Commercial (GC) to High Density Residential (R-3). The property is located along Canada Road across from Pecan Park. The attached map shows the frontage would remain commercial and only the rear of the property would become residential. The applicant is proposing a senior project to be known as Mariposa at Pecan Park. Current zoning of general commercial does not allow this kind of development. Therefore, high density residential zoning is requested for the subject tract. Last year, during the Comprehensive Plan Update, a redevelopment/revitalization map was amended to include this undeveloped property for proposed apartment project. Additionally, the Underlying Future Land Use Map shows the area as residential in anticipation of this project. The proposed development will consist of 180, one and two bedroom apartments for independent, seniorliving in three story buildings. One hundred percentof the units would be restricted to residents age 55 or older, on a fixed income of no more than 60% of the median family income for this area. Mariposa at Pecan Park is competing in the 2013 Housing Tax Credit round administered by the TDHCA, which has many categories where an applicant must compete to obtain the points necessary to be competitive and receive an award of Housing Tax Credits. Recently, the City has been notified that the Texas Department of Housing and Community Affairs Real Estate Analysis (REA) Division is underwriting the transaction for award and by mid-August, REA willneed to have a proof of rezoning. Infrastructure is available in the area. In addition, the proposed project has a support from the neighboring Pecan Crossing Subdivision Homeowner’s Association. The subject tract would be well served by the proposed rezoning from General Commercial to High Density Residential.