Inclusionary Zoning Updates
MARKETING (AND MARKETING PLANS AND RECAPTURING INCENTIVES)
We decided to eliminate the marketing period altogether. In other words, the units could no longer "bump out" of the IZ program due to the marketing period expiring. This was done so that we:
a) don't have to dictate what we expect in marketing and monitor marketing plans; and
b) so we don't have to deal with trying to get back the value of the incentives if the units aren't provided.
LANGUAGE APPROVAL ON THE "IZ FREE" ZONES
We approved the following language to allow "IZ Free" Zones in developments:
i. Reservation of up to twenty percent (20%) of the total floor area in multiple unit buildings for market rate units. Floor area reserved for market rate units may include dwelling units on more than one (1) floor. (My notes may have this last sentence a little screwed up since it was amended at the meeting)
j. Reservation of up to twenty percent (20%) of the net residential lot area for single-family homes for market rate units.
ATTACHED HOUSING SUBSTITUTING FOR SINGLE FAMILY HOUSING
k. Up to fifty percent (50%) of required single-family inclusionary dwelling units may be provided in duplex or multifamily buildings with no more than six (6) units. These units shall be dispersed among or immediately adjacent to single-family dwelling units. If these inclusionary dwelling units are provided in buildings containing four (4) to six (6) dwelling units, no more than one half (1/2) of the dwelling units in any building may be inclusionary dwelling units.
OTHER DRAFT LANGUAGE
FYI - There was a draft ordinance handed out with me as a sponsor and I never saw the draft until last night and still haven't read anything more than what we approved above. And the plan commission never even discussed the rest of it. I don't even have an electronic copy and its already outdated, so I'd just ignore it for now . . . and if you see anything in there that alarms you, you might want to check in and see if it was intentional or not. This is wholly a draft from the city attorney's office that was not there for much of the discussion, and that's how things sometimes get twisted.
FINAL NOTE: The mayor's office sent out a ream of paper yesterday - 9 pages of it is the final draft report that we will be discussion at the meeting on Thursday (4:45 Water Utility Building). Haven't read that yet either, printed it out and gave my copy away.
NEXT PLAN COMMISSION MEETING: July 6th 5:00 (or 5:30?)
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