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68 only if all the criteria for such a request have been met ~n sufficient time to make such a request). $. The Bonds shall no- be issued unless the)- shall have received an allocation of the State Ceiling (as defined in the Order), and nothing in this resolution shall be construed as any assurance that such allocation will be available, or if available, will be made. 6. Pursuant to the limitations contained in Temporary Income Tax Regulations Section 5f.103-2(f)(1), this resolut'ion shall remain in effect for a period of one year from the date of its adoption. 7. This Resolution shall take effect immediately upon its adoption. RESOLUTION: GRANTING SPECIAL PERMIT FOR INCREASED DENSITY FOR l~5-167 CHANCELLOR STREET Mr. Buck stated that he would abstain from discussing the resolution due to a possible conflict of interest. Mr. Satyendra Huja, Director of Community Development, reviewed the request for a special permit to house up to 33 persons at 165 and 167 Chancellor Street. Mr. Huja listed the reasons given by the Planning Commission for recommending approval of the special permit as follows~ 1) It is in harmony with the Land Use Plan of the Compre- hensive Plan, 2) It will not have a significant-adverse impact.on the surrounding area if condition.s are met, 3) The proposed setback modification are in keeping with the purpose and intent of the Zoning Ordinance, as amended, 4) It will permit the renovation of two existing non- conforming structures for use by a single group, ~) The proposed use is compat.ible with surrounding uses. This approval is conditional upon the following Conditions: 1) Administrative approval of the site plan with the following conditions: a) Complete information on property boundaries; b) More complete information on method of handling drainage, and; c) More complete information on utility connections, 2) The elevated sidewalk to the south on Chancellor Street mu~t be repaired and vegetation cleared to remove obstructions, 3) That the curb radius at the corner of Madison Lane and Chanellor Street be increased as much as possible without removing significant vegetation on-site (e.g. approximately a ten foot radius). Mrs. Gleason stated that there had been a request by Mr. Jeff Taylor to defer a decision on the resolution. Mr. Jeff Taylor, a resident of 167 Chancellor Street, sta'ted that he was concerned about parking and presented a petition signed by Corner merchants and area residents opposing the special permit. Mr. William Daggett, Architect for Alpha Phi Sorority, who requested the special permit, asked that a decision be made at the present meeting due to the time constraints involved in completing the project by the end of the year in order to qualify for tax breaks. Dr. Hall stated that he was not in favor of delaying a decision as proper procedures had been followed for the special permit. The resolution granting a special permit for increased density at 165 and 167 Chancellor Street was moved by Dr. Hall and seconded by Mr. Barnes. Mr. Barnes stated that he did not think the difference in 33 and 24 persons, which would be allowed by right, would have a significant impact on the neighborhood and noted that one of the structures is presently in a blighted condition.