AgdaPkt 2003-10-13 - Laserfiche WebLink

Browse Search

lo� � " exchange for that, the developer could build either 20% of units they build availabie to lower income households, or 10% to very low income households, or 50% to senior ~ households, or 20% to moderate income households, if in a condominium project. The first three of those categories remain the same in the previous form of the Zoning Ordinance He said t1 e new element is the 20% moderate income ar� vision. Mr. Church said that the affordable units must remain affordable for 30 years for rental projects. For the moderate income condo units, the requirement for affordabiliry is :10 years. The density increase the Ciry is required to provide is at least 25%, unless the applicant asks for less. He said the applicant must submit a proposal seeking the specific incentives they are asking for, and the Ciry must respond. The City must grant the request unless it is found that the request is not required to provide affordable units, and/or there is an adverse impact on historic property. Mr. Church said the City must provide the density bonus and at least one other incentive, unless we malce one of those findings. He said the City can apply development standards, but the laws say the City may not impose any standard designed specifically to preclude the project. Mr. Church said the City must develop procedures that waive or reduce any standards that might get in the way of approval of such a project. The applicant must show that the waiver or reduction is necessary to make the project economically feasible. He said the bonus or incentive that the City grants in a situation like this shall not, in and of itself, require a General Plan Amendment or Zoning Text Amendment (i.e., if an applicant proposes a residential project with a density bonus in a commercial zone, the City is not obliged to approve it, but if the proposal is made for a project in a residential zone, the 4 project density could exceed the maximum density allowed by he General Plan without triggering a General Plan amendment. M/S: (Paulson/Radcliffe) to adopt the Resolution of Intention to allow discussion and consideration of the Text Amendments Motion passed unanimously. Commissioner Paulson had questions on the reference to "financially feasible" in the staff report. She wanted to know if it meant "economically viable"? Mr. Church said it was "economically feasible". Commissioner Paulson asked who makes that decision. Mr. Church said of a requirement, if the applicant makes a request for a waiver or amendment of a development standard to be granted one of the incentives, then they must show us in their submittal, that there is an economic necessity to have this incentive to provide for the affordable income. Commissioner Paulson asked where that was referenced in the Ordinance. Mr. Brower said it was on Circle Page 14, No. 6(bottom of page). Commissioner Paulson referred to the language on Circle Page 14-B which makes �- reference to impacts on "any Historic Resources", but in the Ordinance it is listed as the Page 4 of 15