SR 05:340 - Laserfiche WebLink

#4 requires a property o"W'ner to pay the Specific Plan fees for all the lots allocated to that Lot, even if the Lot is developed "W'ith fe"W'er than the number of lots so allocated. A property o"W'ner "W'ith a "Lot" designated both Hillside ResidentiallLo"W' Density Residential/Open Space or Hillside Residential/Open Space could seek to subdivide the Lot (for example, a parcel map) even though the property o"W'ner has no immediate plans to develop all or any of the parcels. Similarly, a property o"W'ner "W'ith a Lot "W'ith a HillsidelLo"W' Density Residential/Open Space designation could seek to develop the Lo"W' Density Residential portion of the Lot but not the Hillside Residential portion. Under the current Financing Program, the property o"W'ner must pay all the Specific Plan fees for all of the lots that could be developed on the "Lot" "W'ithout regard to "W'hen the lots "W'ould be developed. This issue came up most recently "W'hen Council approved a major modification to the Berlogar/Chrisman PUD. The Berlogar Lot is designated HillsidelLo"W' Density Residential/Open Space and the property o"W'ner intends to subdivide only the Lo"W' Density portion at this time. Under the Financing Program, the property o"W'ner "W'ill be required to pay Specific Plan fees for 14 lots (nine "W'ithin the Lo"W' Density portion and five in the Hillside/Open Space portion) even though the Hillside/Open Space portion is not being subdivided at this time. The property o"W'ner felt this "W'as inequitable. In response, Council adopted a condition that "W'ould require the property o"W'ner to pay the fees for the "Lot" unless the Financing Program "W'ere modified to defer payment for the lots "W'ithin the Hillside Residential/Open Space portion until a map creating those lots "W'as approved. Staff has prepared this staff report to allo"W' the Council to determine "W'hether amendments to the Financing Program are "W'arranted to address the situation posed by Berlogar and by other scenarios affecting "W'hen payment of the Specific Plan fees is to be made. DISCUSSION As to residential lots "W'ithin the Specific Plan, because the financing program is based, in part, on the development of 189 ne"W' buildable lots, staff believes the Financing Program should continue to provide that generally the fees are to be paid at the time of the approval of a parcel or final map. The purposes of that provision "W'ere (a) to ensure that funds "W'ould be available for certain infrastructure improvements "W'ithin the Specific Plan area and (b) to reimburse funding developers "W'ho constructed improvements the cost of "W'hich "W'as greater than their pro rata share. In that sufficient funds have no"W' been collected to construct all of the remaining improvements (other than the "W'ater tank and pump station), by continuing to require that the Specific Plan fees are paid at the time of the first subdivision of the Lot, the City "W'ill continue to receive Specific Plan fees at the earliest possible time, thereby allo"W'ing funding developers to be repaid as soon as possible as "W'ell as providing funding for the "W'ater tank and pump station. SR:05:340 Page 3