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and then change it later. The Krichbaums also do not want to see the properties in the Downtown area be more densely developed or see larger lots split into smaller lots. Staff Response: Please see the above staff response regarding the reason for support for the current project. Staff notes that it is not uncommon for a deed restriction placed on a project at the time of approval to be subsequently removed a few years later due to changed circumstances. Staff also reiterates that the project, as proposed, does not consist of any new development and therefore density at the site will not in- crease. Staff points out that although the proposed project will result in two smaller lots, that buildout of the property, in terms ofsquare-footage, will actually be reduced as the overall floor area ratio is reduced from 40% to 35% (4,280 square-feet down to 3,734 square-feet). The proposed FAR of the subject property is also lower than the properties to the north and south. n BUILD OUT SCENARIO as is (40% FAR) 35% FAR proposed oning R-1-6,500 PUD-HDR Gen. Plan High Densi Residential Lot Size 10,669 6,036 4,633 Front Back Front Back Home Home Home Home BO Sgft. 3,067.60 1,200 2,112.60 1,621.55 BUILD OUT SCENARIO as is (40% FAR) oning R-1-6500 Gen Plan High Density Residential Lot Size 12,169 1 SF Home, 2 Units BO SaR. 4.867.60 BUILD OUT SCENARIO as approved @ 50% FAR ing PUD-HDR i Plan High Density Residenti Size 11,271 4 SF Homes, 2 Apts. BUILD OUT SCENARIO as is @ 300% FAR ing C-C i. Plan Retail etc. Size 'I 1,025 Day Spa BUILD OUT SCENARIO as is per PUD (=60.9% FAR) oning PUD-HDR Gen. Plan High Density Res Lot Size 12,413 Condos (S units) BO Sgft.(E) 7,520.00 hh ~;_ _ h ~ ' ~ ; 'N ~~ ~! i0~ yN O ~~~ /~ i ~ (/~ c °~ ~ ~J' ~~ a S r Mq, ~/ ,i ~ ~ M~ /~ c /tem 6. a., PUD-61 Page 8 of 12 May 9, 2007