SR 06:076 - Laserfiche WebLink

that would be madeif the project was developed in cooperation with a not for profit housing corporation. As a result, the amount of developer contributions should not be an impediment to approving the mc's, Use with Similar Unit Types - The PUD indicates that if the PUSD does not exercise its option on the 23-acre site, it will be developed as MDR senior housing with single-family attached and detached housing subject to subsequent PUD development plan and a CEQA review. As a result, at this time it is not possible to determine a unit mix or if the units will be rental or ownership, In recognition of this situation, the developer has requested a ratio for applying mc's to different unit types and in general staff is in concurrence with these. Term of Credits - The IUC guidelines indicate the credits must be used within five years of Council approval or from the date that it is possible to use the credits. Because the developer has indicated a preference to use the IUC's on the 23-acre Busch site, their use is dependent upon the PUSD's action related to its option on the property. As a result, the developer's request for a five-year time frame from the time the PUSD closes escrow or terminates its option on the property would be consistent with the guidelines. Timing of the Request for ruc - The mc guidelines indicate that a request for mC'.s should be made during the PUD review process and that the Council will generally not consider requests after the approval of the PUD and project financing, As a result of these restrictions based on the timing of the current request, it would not be eligible, However, the developer's request was made prior to the development of these guidelines and because the Council's decision on the initial request was continued until after the adoption of the guidelines, staff has determined that the request is consistent with the guidelines. In addition to a review of the guidelines listed above, it should be noted that the current request is generally consistent with the request made by Ponderosa Homes in October 2003, A copy of that staff report is included as Attachment 4. STAFF RECOMMENDATION As indicated above, this request for IUC's conforms with the IUC guidelines approved by the City Council on September 21, 2004, As a result, the Council's discussion on this matter should most likely focus on the conditions for IUC approval. Listed below are staffs recommended conditions, Because the IZO and IUC guidelines are drafted to allow Council flexibility, alternative recommendations and usage should be considered as part of the approval process, If the Council determines alternatives are appropriate, staff will modify conditions included in Attachment I. SR:04:260 Page 5