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Resolution 1995-369 RESOLUTION NO. 95-~ A RESOLUTION BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, PURSUANT TO SECTION 2.7.3.4 OF THE COLLIER COUNTY LAND DEVELOPMENT CODE AND EVItENCING THE REVIEW REQUIRED BY SECTION 8.1~ OF COLLIER COUNTY ORDINANCE NO. 90-~7, WHICH ESTABLISHED THE ARBOR LAKE CLUB PLANNED UNIT DEVELOPMENT, AN AFFvRDABLE HOUSING DEVELOPMENT; EXTENDING THE CURRENT PUD APPROVAL TO MAY 29, 1997; AND PROVIDING AN EFFECTIVE DATE. . 1 " " .. , ,,- ";"! .. ... .. .~. 1 j \' ":; ",~" 3. Pursuant to said sections of the PUD and LDC. the current PUD approval is h1reby extended to May 29, 1997; at the en of which time ':he owner shall submit to the procedure, in LDC Section 2.7.3.4. WHEREAS, Sect:l on 8. 14 of the 1. rbor Lake Club Plan :led Unit Ordin~nce No. 90-37 (tne "PUD") provides that if has nl t commenced witl~in 5 years of apprc val, the PUD ~ball be brought back before the Be ard of County Commj .Isioners for ~f~ ;, l WHEREAS, the property owner has compll~d with an~ requested a 2 , 'ear extension of the current PUD approval under sect:.,n 2.7.3.4 of the l:Ollier County Land Development Cot 9 (tlLDC"), which Pl' ,:)vides review and t!onitoring procedures for PUOs witl.ln the County; and '. WHEREAS, development of the AJ oor Lake ,Club PUD, ,ln affordable . · CI;f Collier County, Florida, that: 1. The above recitals are adopted herein by this reference as if fully set forth hex' ain. 2. This Resolution shall con;ltitute evidence of compliance with the review requirements of Section 8.14 of the PUD and Section 2.7.3.4 of the LDC. 1 ~ t JUN 2 0 1995 ;~ -,'1 ~ 4. OWner agrees to update the Agreement attached to the PUn, to E:ither set aside forty percent (40') of the residentjal units for rental to families with 'incomes not in e,:cess of sixty percent (60') of the ~rea's Median Income, or to set aside twenty percent (20') of the residential units for rental to families with incomes rot in excess of fifty percent (50') of the area's MHUan Income, consistent with federal and state affordable housing programs. This Resolution shall become effective immediately upon its , \ " BB IT FURTHER RESOLVED that ttlis Resolution be re:orded in the this Bot~rd. Ccmaissioner Constantine offered the fc ':'egoing :'1 ,~ and moved for its adoption, seconded by Com..lissioner and upon roll call the votE was: ~.: .'~ -~ Commissioner Constantine~ Cormissioner Mac'Kie~ Commissioner Norris~ Commissioner Hancock, and Co'missioner Matthews -2.0 day of a,..-J .-/ /' , 1995. ',:~ ,.'\'.11 ,';~ ":.i 111 "~ ... ~ :;-. :~ :~ :\ "~ .'il ;~ ~ ;\~ J '1 ~ 1 "I :\ ,lOARD OF COUNTY COl':~i~vrERS 2;;r:;:/'{- /"ETT;~7J ~ ~TTHEWS, CHAIRMAN ~D LEGAL SUFFI~IENCY: (j) C' ' ~;~ :;...:~ '~ ~<~~ . -,~' .II ~ Ih. b.TL{( (d '.l.RJO E M. STUDENT . .SSI ANT COUNTY ATTORNEY R LAKE PUO/md/14034 .\i ~~