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HomeMy WebLinkAboutPLATINUM AUTO BROKERS PUD - PRELIMINARY & FINAL ..... 9/26/1994 P & Z BOARD HEARING - 36-94 - CORRESPONDENCE - MEMO / P & Z BOARDPlanning and Zoning Board Members September 12, 1994 Page 2 property itself) and the annual return to be expected from the PUD operation as a condition precedent to the board being able to determine whether a two-year limitation was reasonable. The Court stated that the time limitation must afford a long enough time to allow the applicant the opportunity of amortizing the investment made in the PUD. In the case of Platinum Autobrokers, I would recommend that the Board elicit evidence from the applicant as to the cost of the improvements that the applicant is required to construct in order to obtain approval of the PUD to ensure that whatever time limitation the Board might consider would be reasonable in relation to that cost. WPE: whm cc: Greg Byrne, Director of CPES Ron Phillips, Director of Planning Ted Shepard, City Planner City of Fort Collins DATE: TO: FROM: RE: ISSUE: City Attu_ney CONFIDENTIAL MEMORANDUM September 12, 1994 Planning and Zoning Board Members W. Paul Eckman, Deputy City Attorney Time Limitations on Approvals of Planned Unit Developments Can the Planning and Zoning Board ("the Board") legally impose a time limitation on the approval of a planned unit development? RISKS: If an improper time limitation is imposed, the City could be enjoined from enforcing the condition and/or be liable in damages for enforcement of the condition. If the condition were deemed to be confiscatory, the City could be liable for a regulatory taking of the property. CONCLUSIONS/RECOMMENDATIONS: A time limitation can properly be imposed upon the approval of a planned unit development, provided that the limitation is: . . . sufficient to enable the applicant to secure a reasonable yield through devotion of the property to the use permitted, and to amortize the owner's investment in the improvements necessary to the utilization of the grant [approval] over a reasonable period. Rathkopf. The Law of Planning and Zoning, Section 40.08. If a reasonable time period is not allowed, then the condition essentially swallows up the approval and nullifies the approval. For example, the approval of a PUD for an apartment complex for only one day would be no approval at all. In Bernstein v. Board of Appeals, 302 N.Y.S. 2nd 141 (1969), the Court required the planning and zoning board to elicit evidence concerning the applicant's cost investment in the PUD improvements (not the cost of the 300 LaPorte Avenue • P. O. Box 580 • Fort Collins, CO 80522-0580 • (303) 221-6520