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February 22, 2006 Plan Commission Minutes Page 50f6 the project is apartments and not condominiums and how will the area be maintained. Ms. Roth replied that the demographic they are targeting is for younger people in the corporate community and that Village Green will maintain the area. There will be no disparity between the University City area and the Clayton area. Mr. Marentette asked about the total cost of the project. Ms. Roth stated it is approximately $60,000,000 and that the starting price on the condos would be $400,000 to $500,000. Mr. Myers stated that the following provision should be added to the resolution in subsection 4 concerning the transit oriented development parking standards, "If said standards are raised by the City of Clayton, the same standards shall apply in the University City portion of the project." Ms. Ricci moved that the official zoning map of University City be amended to show that the property located at 7384 Forsyth (a.k.a. 7440 Forsyth) is now "PD-R" - Planned Development District from the current "GC" - General Commercial District. The motion was seconded by Mr. Marentette and passed by a vote of 3 to 1 with Ms. Ricci, Mr. Marentette and Mr. Myers voting "aye" and Ms. Borg voting "nay." Mr. Marentette moved that the Plan Commission recommend approval of the preliminary development plan along with the following resolution: RESOLUTION WHEREAS, Section 34.40.14.2 of the University City Zoning Code requires that the preliminary development plan be approved by the city council by adoption of a resolution approving said preliminary development plan, with conditions as may be specified and authorizing the preparation of the final development plan. Section 34.40.05 of the Zoning Code requires that the permitted land uses and developments shall be established in the conditions of the ordinance adopted by the city council governing the particular planned development-residential district. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY CITY, MO AS FOLLOWS: The City Council hereby authorizes the preparation of the final development plan for the proposal for this map amendment and resolution, to be known as "Clayton City Apartments." The specific use of "Dwellings, elevator apartment" is designated as the permitted use. The proposed structure shall be developed with the following conditions: 1. The building and property shall be developed, constructed and maintained in compliance with the plans submitted with the approved application. The height and mass shall be restricted to that shown on the application plans. 2. The minimum site size is reduced per Section 34-40.6 to 0.53 acres. 3. The permitted density shall be 85 dwelling units per acre with a floor area ratio of 1.83. 4. Transit oriented parking standards shall be approved for this site specifically at one parking space per dwelling unit. If said standards are raised by the City of Clayton, the same standards shall apply in the University City portion of the project. Q:\ WPOFFICE\ WPDA TA \m-02-22-2006. pIc. final. wpd