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10 <br /> <br />Mr. Schilling asked what the time component was in the sales agreement. <br /> <br />Mr. Brown reviewed the schedule in the contract. <br /> <br />Mr. Schilling asked what is the effect if the schedule has not been met. <br /> <br /> Mr. Brown said it goes to whether there is a material breach of the contract. He <br />said there has been no extension of the contract thought there is a provision for that. <br /> <br /> Mr. Caravati said that selling the units for 80% of the median income is going in <br />the right direction, but he noted that the Housing Strategy requires more. He made a <br />motion to extend the contract to a closing date of May 2006. <br /> <br /> Mr. Brown said that Council does not need to extend the contract at this time. He <br />said the issue before Council is the rezoning. He said the contract can be taken back to <br />PHA and brought back to Council for the second reading of the ordinance. <br /> <br />Mr. Caravati withdrew his motion to extend the closing date of the contract. <br /> <br /> Mr. Caravati made a motion to approve the rezoning and Mr. Lynch seconded the <br />motion, and the ordinance entitled "AN ORDINANCE AMENDING AND <br />REENACTING THE ZONING DISTRICT MAP INCORPORATED IN SECTION 34-1 <br />OF THE ZONING ORDINANCE OF THE CODE OF THE CITY OF <br />CHARLOTTESVILLE, 1990, AS AMENDED, BY THE REZONING OF PARCEL <br />277.1 (LOTS E, F, G & H), CITY TAX MAP 4(1200 BLOCK OF JOHN STREET) <br />FROM 4-2U TO PUD" was offered and carried over to the next meeting for <br />consideration. <br /> <br /> Mr. Caravati said he would like to consider extending the contract at the second <br />reading so there is no confusion. <br /> <br />RESOLUTION: ACCEPTING AMHERST COMMONS AS CITY STREET <br /> <br /> Mr. Schilling said his concern is that it appears that there is a difference in this <br />street acceptance than is normal. He said there is no offset by State funds because the <br />street was not built to State standards. He said this was a questionable decision and <br />taxpayers will have to subsidize it because Council decided to allow the street to be built <br />not to State standards. Mr. Schilling made a motion to deny the resolution accepting <br />Amherst Commons. <br /> <br />Mr. Caravati seconded the motion for purposes of discussion. <br /> <br /> Ms. Hamilton asked if we can know whether VDOT will approve the waiver <br />before we accept the street. <br /> <br /> Mr. Tolbert said staff has been told by VDOT that once we accept the street then <br />they will make a decision. He said the amount the City could lose in lane mileage is <br />$300 a year. He noted that the street width was a condition of Council approval of the <br />PUD, and it was done with the understanding that the City would accept the street once it <br />was brought up to standards. He said there was an analysis of the tax revenue based on <br />the narrows streets and lots that showed that we would get more from that than street <br />maintenance money. <br /> <br /> Mr. Caravati asked how the street will be plowed with cars parked on the street, <br />and Mr. Tolbert said it will be a problem. He said parking is allowed on one side of the <br />street. <br /> <br /> Mr. Caravati suggested that the street acceptance be deferred until the next <br />meeting and Council agreed. <br /> <br /> <br />