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Consent   1.I.
Regular City Council Meeting
Meeting Date:
07/11/2011
TITLE
Tuscany Subdivision: Preliminary Plat Approval Extension Request
PRESENTED BY:
Candi Beaudry
Department:
Planning & Community Services
Presentation:

PROBLEM/ISSUE STATEMENT

Tuscany Subdivision is a proposed subdivision that would create 49 lots on 115 acres of land east of Ironwood Estates and north of Yellowstone Club Estates in Northwest Billings.  City Council granted conditional approval to the preliminary plat of Tuscany Subdivision on August 11, 2008.  Section 23-302(13) of the City Subdivision Regulations stipulates that conditional approval of preliminary plats shall be in effect for not more than three years unless a request for a one-year extension is received and approved by the City Council. The final plat is not yet ready for approval and this preliminary plat approval will expire on August 11, 2011.  The current owner of the subject property, Stockman Bank, has requested a one year extension while they market the property (see Attachment).  Approval of this request would extend the preliminary plat approval to August 11, 2012. 

ALTERNATIVES ANALYZED

The City Council may approve or deny the request to extend the preliminary plat approval for one additional year.

FINANCIAL IMPACT

The platting of 49 new lots would increase the tax revenues for the City.  Allowing Stockman Bank to find a developer for the property and to prepare to file the final plat will not have any direct financial impact to the City. 

RECOMMENDATION

Planning Staff recommends that the City Council approve the request for a one-year extension of the preliminary plat approval date for Tuscany Subdivision, and set the new expiration date for August 11, 2012.

APPROVED BY CITY ADMINISTRATOR

Attachments