Mont Vista Subdivision is a proposed subdivision that would create 122 lots for residential use out of 63.9 acres.  The property is located south of Rimrock Road, between 50th Street West and 54th Street West. It is zoned Planned Unit Development (PUD) with underlying zoning districts for single-family and multi-family residences, and parks/open space.  City Council granted conditional approval of the preliminary plat of Mont Vista Subdivision on June 22, 2009. Section 23-302.M. of the City Subdivision Regulations stipulates that the conditional approval of major preliminary plats shall be in force for not more than three years unless extended by City Council to a period of time mutually agreed-upon by Council and the subdivider. The three year preliminary plat approval period will expire on June 22, 2012, and the subdivider has requested a three-year extension to that approval period.

The City Council may:

• Approve the request to extend the preliminary plat approval for three years; or
• Deny the request.

Section 23-302.M. lists seven criteria for City Council to consider when evaluating a request for a preliminary plat approval extension request. They are as follows:
1.  Changes to the subdivision regulations since the original approval and whether the subdivision as originally approved is essentially compliant with the new regulations.
2.  Progress to date in completing the subdivision as a whole and any phases.
3.  Phasing of the subdivision and the ability for the existing development to operate without the delayed development.
4.  Dependence of infrastructure development on the subdivision.
5.  Duration of the requested extension.
6.  Demonstrated ability of the subdivider to complete the subdivision.
7.  Such other factors or criteria as deemed material in the discretion of the governing body.

Planning staff's evaluation of these criteria is included in Attachment 2. 

Platting and subsequent development of 122 lots for residential development would increase the tax revenues for the City. Allowing the subdivider additional time to prepare the final plat documents for approval and recording should not have any direct financial impact to the City.

Planning staff recommends that the City Council approve the request for an extension of the preliminary plat approval date for Mont Vista Subdivision for three years, and set the new expiration date to June 22, 2015.