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b. Public Hearing and Action on The Moravian PUD Zoning District and PUD Site Plan, 0.85 acres, 201 East Madison Street. A request to rezone this site from R4C (Multiple-Family Dwelling District) and M1 (Limited Industrial District) to PUD (Planned Unit Development District) and a proposal to construct a 62-unit (150 bedrooms total), five-story multiple-family residential building with 90 parking spaces underground (postponed at 10/6/09 meeting) - Staff Recommendation: Approval