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Item 4E CITY OF SOUTHLAKE MEMORANDUM May 25, 2017 To: Shana Yelverton — City Manager From: Ken Baker, AICP — Director of Planning & Development Services Subject: Item 4E -Approve Ordinance No. 1171 , (CP17-004), 1 st Reading, adopting the City of Southlake 114 Corridor Land Use Plan, an element of the Southlake 2035 Comprehensive Plan. Action Requested: Approval on 1s' Reading of the Southlake 2035 S.H. 114 Corridor Plan. Background Information: The City of Southlake approaches land use planning through sector planning, a method which divides the City into sectors to identify development issues and to develop recommendations for each individual area. This approach recognizes that planning issues are numerous and complex, and may vary from area to area or even site to site. In short, the purpose of a sector plan is to: • Establish a detailed background for the planning area, • Identify current development constraints and issues, • Identify features, resources and areas to be protected or improved, • Explore development opportunities and • List recommendations for the future development and conservation of the area. The 114 Corridor Plan is the first of six sector plans being considered during the Southlake 2035 Land Use Plan update. Financial Considerations: None. Strategic Link: The S.H. 114 Corridor Plan relates to all focus areas of the strategy map. Citizen Input/ Board Review: Development of the S.H. 114 Corridor Plan was overseen by the Corridor Planning Committee. All Committee meetings are open to the public. The committee met January 10th, February 15th, March 22nd, and April 19th of 2017 to discuss the S.H. 114 Corridor. An open house was held April 19th with approximately 50 people in attendance. A SPIN meeting was held on May 9, 2017 (see the SPIN report in Attachment A.) A public hearing will be held at the June 20, 2017 City Council meeting pending 1s' reading approval. Planning &Zoning Commission: At its May 18, 2017 meeting, the Planning and Zoning Commission voted 5-0 to recommend approval of the plan. Legal Review: None. Alternatives: Recommend modifications to the proposed S.H. 114 Corridor Plan or move forward with the S.H. 114 Corridor Plan as presented. Attachments: (A) SPIN Meeting Report (B) Southlake 2035 Draft S.H. 114 Corridor Plan (C) Proposed Future Land Use Map (D) Proposed Optional Land Use Map