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12 Staff Report - 347 Massol AvenueqpW H 0 %1W ! s GA~pg COUNCIL AGENDA REPORT DATE: October 17, 2008 MEETING DATE: 10/20/08 ITEM NO: I O'Z TO: MAYOR AND TOWN COUNCIL FROM: GREG LARSON, TOWN MANAGE ORRY P. KORB, TOWN ATTORNEY SUBJECT: ADOPT PLANNED DEVELOPMENT ORDINANCE MAKING A ZONE, CHANGE FROM RM:5-12 TO RM:12-20:PD FOR A FIFTY-SIX LOT RESIDENTIAL SUBDIVISION TO CONVERT THE EXISTING APARTMENTS TO CONDOMINIUMS AT 347 MASSOL AVENUE (APN 510-14-004) (BAY TREE APARTMENTS) RECOMMENDATION The applicant for Bay Tree Apartments has requested a continuance. It is recommended this item be tentatively scheduled for the Town Council meeting on Monday, December 1, 2008. Please note the attached from Ron Cole, Lyon Realty Advisors. Attaclunent: 1. Correspondence from Ron Cole dated October 17, 2008 (1 page). Distribution: Lyon Realty Advisors, Attn: Ron Cole, 4901 Birch St., Newport Beach, CA 9266 BNL:inde PREPARED BY BUD N. LORTZ COMMUNITY DEVELOPMENT DIRECTOR N:1DEVICNCLRPT5120481347Massol3 cant. doc Reviewed by: Town Manager Assistant Town Manager Clerk Administrator Finance Community Development LYON CAPITAL VENTURES October 17, 2008 RECEIVED O C T 17 2008 Mr. Bud Lortz TOWN OF LOS GA-FOS Deputy City Manager PLANNING DIVISION Town of Los Gatos 110 E. Main Street Los Gatos, CA 95030 Dear Bud: The application for the conversion of the Bay Tree Apartments to condominiums is scheduled to be heard next Monday, October 201", by Town Council. I wanted to formally request a continuance to the December 1, 2008. This will give us an opportunity to address some issues recently brought up by some of our opponents as well as fine-tune the application to ensure that this truly is a benchmark project for Los Gatos. Regards, Ron W. Cole (949) 838-1221 ATTACHMENT 1