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Reso 136 File No. 28-V-62, Alpha Land Company 1 • PLANNING COMMISSION RESOLUTION NO. 136 I. WHEREAS the applicant originally acquired 6 sites totalling 53,760 sq. ft. zoned for multiple, and qualifying for not more than 3 units each, a total of 18 units if developed as six separate parcels; and II. WHEREAS Applicants, after investigation, elected to present the parcels for consideration as a single parcel, thereby qualifying their holding for the 24 units actually built, an increase of 6 rent- able units obtained by representations that they wanted to treat it as a single parcel, and hold it for investment as a single parcel; and III. WHEREAS multiple housing is normally owned as an investment with earning capacity--and therefore value--being roughly proportional to the number of rentable units on the parcel; 24 units being more than 18; and IV. WHEREAS Applicants now seek to subdivide the whole for pur- poses of individual sale, pleading hardship if denied, and near com- pliance on setbacks, and near compliance on density (if the division is into 3 parcels of 8 units each; NOW THEREFORE this Commission expresses the following conclusions: • 1) The Applicants must be presumed to have been in full knowledge of the ordinances regarding both density, lot coverage, and setbacks at the time of requesting architectural control; and in both instances held the property forth as being a single parcel--such holding forth producing for them very real financial advantages in building and renting; and 2) To reverse themselves now--after the fact of building--- using the variance device to accomplish that which probably would not have been sanctioned before the building would seem to confer on the Applicants a unique additional advantage not fairly and uniformly open to all at the time their projects in multiple are on the drawing boards; and 3) The effect of such requests as this would seem to be in the long run a steady pressure to break down ti_c eaceful.ly set low density aspects of our ordinances. NOW THEREFORE, BE IT RESOLVED that the commission recommend denial of Application 28-V-63 and 21-TM-63, AYES: Commissioners: Adamo, Fitzgerald, F':;olich, Leonard, Small, Snyder NAYS: Commissioners: None ABSENT: Commissioners: Rampy • /s/ Charles K. Snyder Chairman of the Planning Commissior ATTEST: Lawrence K. Martin Secretary of the Planning Commission