ORD 0901 - Laserfiche WebLink

total project (up to the 150 unit maximum) shall be the "project" judged by the City Council. A single developer may receive development approval for a maximum of fifty (50) units in any one allocation period, which may be in one or more proposed projects. A single developer may apply for an unlimited number of units; if more than fifty (50) units qualify for development, the developer may choose which of his proposals he wishes to develop, subject to the fifty (50) unit maximum. Section 6. That subsection (c) be added to Section 2-20.08 (Eligibility Requirements for Project..) to read as follows: (c) Phased Projects. Projects may be proposed for multi- year approval and the City Council may grant such approval in accordance with the following procedures: (1) Any developer wishing multi-year approval may apply for such approval as a part of the RAP application. (2) No more than three (3) years' approval shall be given and the maximum number of units per year shall be fifty (50) units. (3) At no time shall the number of units in approved multi-year projects exceed 150 units. (4) Any project receiving multi-year approval shall complete all capital improvements for which it has -- received RAP points as part of its first phase of construction. The decision whether to grant multi-year approval to a project is soley at the Council's discretion, subject to the above limitations. Section 7. That Section 2-20.14 (Lapse of Development Approval) is amended by adding the following language: "In the event a project receives multi-year approval, the first phase of the project shall have one and one-half years from the date of receipt of development approval to commence building, the second phase shall have two and one-half years from this date, and the third phase three and one-half years. Lapse of development approval for any phase of aproject shall also cause all subsequent phase development approvals to be of no further force or effect." Section 8. That Section 2-20~21 (Special Exemptions.). in its. entirety to read as follows: Amend Section 2-20.21 in its entirety to read: ~. Special Exemptions. Section 2-20.04 and 2-20.05 notwith- standing, a special exemption fr.om the Residential Allocation Program shall be granted to the following classes of project~ when the specific requirements of that class and the general requirements for special exemptions are met. -2-