ORD 2112 - Laserfiche WebLink

d. Any growth management unit allocation approved will be deducted from the total number of annual growth management unit allocations available for the year in which the project is approved and from the total number of growth management unit allocations in the regional housing needs cycle. B. Proration of Project Growth Management Unit 'Allocations. Generally, the approval of a growth management unit allocation is intended to be made available to developers in chronological order consistent with part A (1) of Section 17.36 above. However, in certain instances when the demand for growth management unit allocations is known to exceed the number of remaining units available in a particular year, the city may approve a growth management application in any manner it finds equitable, including assigning unused growth management unit allocations from previous years or to future years. If assigned to a future year, the unit allocation will be accounted for in that year; not the year the growth management agreement is approved. C. In the event that growth management unit allocations are unavailable during a particular year and the city has approved a project containing affordable units that is subject to a city Affordable Housing Agreement, growth management unit allocations from previous and/or future years shall be approved in the number required to accommodate the affordable housing units, including if necessary, borrowing from the next regional housing needs allocation period. 17.36.090 Use and loss of growth management approval. A. A project developer may be issued building permits up to the maximum number of growth management unit allocations established in its growth management agreement provided that a building permit shall not be issued prior to the year approved for the growth management unit allocations. Once the building permits are issued, the units may be constructed at any time consistent with conditions set forth in the growth management agreement or project approvals. B. Any amendment to a growth management agreement requires submittal of an application on a form provided by the Community Development Department and approval by the City Council. C. In the event a project developer does not utilize the maximum number of growth management unit allocations as specified in its growth management agreement, it may, subject to the approval by the City Council, assign or trade the unused number of growth management unit allocations for use by a different project provided the parties involved in the assignment or trade show proof of an agreement regarding such trade. Any approved transfer or trade shall not be counted as new growth management unit allocations. D. The city council shall have the discretion to approve rules or procedures concerning the use, loss, trade, reallocation, and assignment of growth management unit allocations at any time, including when the city council considers a project developer's development agreement or other legislative act relating to a project so as long as the overall number of allowed permits do not exceed the total number assigned to the city for the current regional housing needs allocation cycle. (Ord. 2054 § 2, 2012) 17.36.100 Modification to projects with growth management approval. Once a project has secured a growth management agreement, the project may be modified without affecting its growth management allocation approval, subject to city council review and approval, so long as no additional units are added. Such a modified project retains its original growth management unit allocation. Project modifications as used in this section shall mean significant changes to a project's design, density, product type, affordability component, amenities, and other aspects which bear on its original approval. Architectural modifications, site plan changes, and other project adjustments which are characterized as "minor modifications" in