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HomeMy WebLinkAboutCPA201500002 Presentation 2016-04-21 (2)CPA 2015-02 Cash Proffer Pol PLANNING COMMISSION JAN UARY 26, 2015 icy History Cash Proffer Policy Adopted by Board in 2007 April 2014 the Board adopts a Resolution of Intent July 2014 the Board and PC hold a joint work session September 2014 the Board directs the PC and FIAC to work on policy ► August 2015 FIAC reports to Board kkk- September/October 2015 PC makes recommendations to Board December 2015 strategy for policy review is sent to Board Strategy for Policy Review Step one is to make minor amendments to: Recognize existing practice for credits for by -right units Recognize the change in State Code and our own CIP/CNA. Retitle policy Establish a bi-annual adjustment to coincide with adoption of a new CIP/CNA. ► Step two is longer term work on: Credits for mixed use, enhanced development standards, development in target areas Calculating fiscal impact of providing additional credits Identifying purpose of providing credits Revising/replacing CRIM to be a more dynamic model Changes to Policy Amend maximum cash proffers as follows: SFD - $4,918 (2014 value was $20,987) SFA/TH - $3,845 (2014 value was $14,271) MF - $5,262 (2014 value was $14,871) Changes to Policy Amend title to reflect it is a policy to address impacts. Establish bi-annual adjustments to policy based on bi-annual adoption of Capital Improvement Program (CIP) and Capital Needs Assessment (CNA). Acknowledge existing practice of exclude dwelling units that could be developed by -right using the existing zoning when determining impacts. Summary Staff recommends adoption of the revised policy. Staff recommends that following action on the policy by the Board of Supervisors that the PC continue discussing potential revisions to the policy. The PC can continue this work at their own pace. If the PC would like to discuss potential changes with the Board it may be appropriate to do so during a joint work session. Potential Motions move to recommend approval of CPA 2015-12. Or move to recommend denial of CPA 2015-12 Or move to recommend denial of CPA 2015-12 and repeal of the cash proffer policy.