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172 <br /> <br /> occupying in the year growth management approval is granted. He <br /> said that the proposed ordinance would require building permits to <br /> be taken out on the year growth management is approved, after <br /> which the applicant must show good faith progress in getting the <br /> buildings constructed; otherwise the growth management approval <br /> lapses. It also provides that Council can review the project any <br /> time after growth management is approved to show that the <br /> applicant is making good faith progress to pursue development. <br /> Rather than approve growth management for big projects and carry <br /> over units from one year to the next, developers will have to come <br /> to Council with what they would like to see and the number of <br /> units they would like to build per year. He added that the <br /> development community is concerned with its financing mechanisms, <br /> its ability to get banks to loan money on the basis of the <br /> possibility that growth management could be taken away even after <br /> substantial investments have been made. He explained that the <br /> intention here is not to take away anybody's growth management, <br /> but to have both parties act in good faith. If the developers do <br /> not show that they are doing something, their growth management <br /> should be given to others who are ready to proceed. This would be <br /> fair to everybody and would be a better way to control and manage <br /> growth. <br /> <br /> Mr. Mercer inquired if the builders were notified that this <br /> matter was on the Agenda. <br /> <br /> Mr. Tarver replied that he sent notices to the Committee <br /> members and that he received a call from one of the participants <br /> indicating that he wanted to take the matter to his Ad Hoc <br /> Community Development Action Committee for discussion. He <br /> recommended that a public hearing be scheduled if Council felt <br /> this was the direction to go. <br /> <br /> Mr. Mercer indicated that he had a problem with the use of <br /> the word "honest" in the proposed ordinance because it seems to <br /> imply that people are dishonest. He added that it would be <br /> difficult to determine when custom lots will be marketable since <br /> these can stay in the market for years. <br /> <br /> Mr. Tarver stated that the verbiage could be changed. <br /> <br /> Ms. Mohr commented that even after the custom lots are sold, <br /> it would be hard to determine when the buyer would choose to build <br /> his residence. <br /> <br /> Mr. Brandes stated that there should be some mechanism to <br /> prevent custom lot buyers from losing their growth management if <br /> they do not build immediately. <br /> <br /> Mr. Butler indicated that classifying lots into different <br /> kinds cannot be dealt with effectively in growth management. <br /> <br /> - 8 - <br /> 4-3-90 <br /> <br /> <br />