Motion Sheet City Council Hearing February 26, 2009 C14-2007-0262  VMU Application Area: Central Austin Neighborhood Planning Area (Tract 10:711 W. 38th Street)  Motion  Proposed Action  Planning Commission Recommendation January 13,2009  Neighborhood Recommendation  Staff Comments  The neighborhood recommendation is toe exclude approximately 5.3a acres out of the' VMU overlay district of5 57.95 acres. Dimensional Standards incentive ont the GR-CO-NP portion of  Approve VMU building: zoning (V) with DimensionalAproved VMU building: zoning (V) with 1 Standards incentive on the front portion of Tract 10Dimensional Standards bonus ont the front portion  The Central Austin Neighborhood. from the' VMU Overlay District.  Planning Area  (711 W. 38th Street)f fronting 38th street thati is of Tract 10 (711 W.: 38th Street) fronting 38th Committee is recommending to exclude tract 10 The Planning Commission approved VMU building: zoning with  currently zoned GR-CO-NP.  street that is currently zoned GR-CO-NP.  Tract 10.  Approve an affordability level of6 60% oft the median Approved an affordability level of6 60% oft the The Central Austin Neighborhood Planning Area 2 family income for 10% ofr rental units in a vertical median family income for 10% ofr rental units ina Committee. is recommending an affordability level None  mixed use building.  vertical mixed use building.  of60%.