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6A - Residential Growth Management System, BRC 1981, Allocations Awarded to Villa Del PradoCITY OF BOULDER PLANNING BOARD AGENDA ITEM MEETING DATE: October 4, 2001 (Agenda Item Preparation Date: September 21, 2001) AGENDA TITLE: Public hearing and consideration of matters related to Chapter 9-6, "Residentiai Growth Management System," B.R.C. 1981, for a time extension for banked quarterly allocations awarded to Villa Del Prado (Mohawk and Baseline). This hearing will be held pursuant to the provisions of Chapter 1-3, "Quasi-Judicial Hearings," B.R.C. 1981. REQUESTING DEPARTMENT: Planning Department Peter Pollock, Planning Director Robert O Cole, Director of Land Use Review Brent Bean, Senior Planner BACKGROUND ON RESIDENTIAL GROWTH MANAGEMENT: The city of Boulder's Residential Growth Management system was implemented in the fall of 1976 in order to control the rate of growth within the city on an annual basis. The origina] regulation limited the city to a two percent annual rate, but in 1995 the annual rate was reduced to one percent. New development, which includes the construction of one or more residential units, must have an allocation befare an application for a building permit can be made. Currently, approximately 400 allocations are available every year under the system. Planning Board has not had to consider a Residential Growth Management System request this year. The following discussion has been provided as a reminder of some of the provisions of the Residential Growth Management System. There are several ways to apply for allocations. "Quarterly Allocations" have historically been the most common method used for obtaining an allocation. Every three months, 25 percent of the year's allocations are made available to applicants. If more allocations are requested than allocations available in a quarter, Planning Board is required to approve the disbursement of the allocations far that quarter. For the past year there have been fewer allocations requested, and staff has assigned quarterly allocations to applicants requesting quarterly allocations. A second method of acquiring allocations is "Banking" allocations. This requires the acquisition of quarterly allocations and holding the allocations over a period of time until enough allocations have been acquired to develop the project. The maximum number of a~locations a s:\plan\pb-items\memos\bbrgms014.pbm AGENDA ITEM # 6A Paee 1 project can receive within a year is 40 or if authorized by Planning Board up to 75. When a project has more than 75 allocations, the applicant can bank quarterly allocations from quarter to quarter, or year to year if necessary, until all allocations have been acquired. Once the needed number of allocations has been acquired, the allocations must be used within two quarters (approximately six months). Vi1Sa Del Prado used this method to acquire 91 allocations. The third method to acquire an allocation is "Excess Allocations; ' which results from unused quarterly allocations or carryover allocations from a previous year. This year, we have given out more Excess Allocations than normal because there has been a large number of excess allocations available, and they can be obtained within a few days of being requested. The fourth method is from "Exempt Altocations." Several project types are exempt from the provisions of Residential Growth Management System, such as Pexxnanently Affordable units, (projects that have 35 percent or more Permanently Affordable units), and Mixed Use developments. Planning Board may also award exempt allocations to landmarked buildings and group housing for special populations. Projects, such as the Village at Boulder (35 percent or more Permanently Affordable Housing), Violet Hollow and The Black Smith shops on Pearl (mixed use), have used these allocations this year. The fi8h method is from "Reserved Allocations." Reserved allocations are no longer issued under the provisions of the 2000 Residential Growth Management System due to changes, but there were several projects that had reserved allocations issued under the provisions of the 1995 Residential Growth Management System. Steelyards and Dakota Ridge have Reserved agreements that were approved prior to adoption of the 2000 Residential Growth Management. Requests for time extension: Under the provisions of the section 9-6-8(b), the Planning Board may, for good cause, impose terms and conditions on the grant of any allocation, including, without limitation, modification of the time period. Extension of a Banking Request: Villa Del Prado received all of the required banked allocations to construct this project in the first quarter of this year; however, in reviewing ownership for this site, it was found that three unapproved parcels (lots) were created in the 1980s without approval of a subdivision under the city's subdivision process. As a result, a request to ciarify the current illegal status of these lots is under review. It has been determined that City Council must act to acknowledge the status of the 1980s lot separations before any additional development is permitted on this site. It took Villa Del Prado over three years to accumulate the 91 allocations needed to start development of this site. Staff is recommending that Pianning Board extend the validity of the banked allocations to Julyl, 2002, allowing City Council time to review and act as deemed appropriate on the status of the previous divisions of this property. Without granting this time extension, the allocations will be void, and the applicant would be required to wait another two years or more to accumulate the necessary allocations to develop this site. The low income housing units approved in 1980 for s:\plan\pb-items~nemos\bbrgms014.pbm AGENDA ITEM # 6A Paee 2 this project were to be constructed within the 91 units yet to be developed on this site. Two of die lots already have developed with 41 units. The applicant desires to complete the original development as approved in the 1980s for this site. Construction would begin this year if the ]egal status of the lots can be resolved. RECOMMENDATION: Planning staff recommends that Planning Board take the following actions: 1. Approve a twelve-month time extension for the 91 banked allocations for Villa Del Prado to July 1, 2002. CONDITIONS OF AWARD: The conditions imposed on allocations are listed below. Staff recommends that the Board impose these conditions for the award of allocations. The applicants shall comply with all representations and agreements made in the application and site plans submitted to the city of Boulder Planning Department and representations at the hearing. 2. Extend the 91 Banked allocations allotted to Villa Del Prado in the first quarter of 2001 to July 1, 2002. Approved By: / C~,~-- C~~' ~-CJ C/ ~ Peter Pollock, Director Planning Department ATTACHMENTS: Attachment A: Letter requesting a time extension far the banked allocations for Villa Del Prado Attachment B: Table of 2001 allocations use (distribution) s:\plan\pb-items\memos\bbrgms014.pbm AGENDA ITEM # 6A Paee 3 ATTACHMENT A Brian Rick and Associates, Inc. 1993 Clipper Drive Lafayette, CO 80026 Phona (303) GG4-5704 Faz (303) GG4-5708 e-mail betQindrs.com 6/18I01 Mr. Brent Bean City of Boulder, Senior Planner Building Services Center 1739 Broadway, PO Box 791 Boulder, Colorado 80306 Re: Villa Del Prado Building Permit Allocation Reservation Dear Brent: Today, pursuant to our recent conversations, we have submitted a proposed ordinance containing a correction plat for the above referenced property. Also included in this ordinance is the reservation of the 91 building permit allocations approved for this project In that the continued allocation of permits is to the success of this project, we are concemed that the aliocations not e~ire. Please consider this letter as weU as the correction plat ordinance, as a formal request for the continued reservation or these alloca6ons. Thank you for your assistance. Sincerely, ~7 / /~zcs+~/ ~' / ~C Brian E. Rick ApB~da Ibm i~"9 Page k~ ATTACHMENT B Allocation use for 2001 to date I UNRESTRICTED ALLOCATIONS THIRD OUARTER OF 2001 I QUARTERLY Carryover from 4~h quarter 2000 Carryover from is` quarter (102 allocations were available) Canyover from 2"d quarter (102 allocations were available) Carryover from 3rd quarter (102 allocations were available) Carry over from 4`h quarter (102 available, no request this qt.) Excess Allocations* used to date Current total allocations available for 2001(Excess Allocations) Dakota Ridge Village Reserved allocations used to date Exempt** allocations issued to date Demolition*** allocations issued to date 94 92 101 98 102 ~ 12 475 67 153 * Excess Allocations are the allocations not used in a quarter and the allocations that are carried over from a previous year. ** Exempt allocations do not count against the allocations available within the year they are issued. However, the number of Exempt allocations used in a year are subtracted from the total number of unused Excess allocations at the end of the year to determine the amount of carryover allocations for the next year. ***Demolished allocations do not count against the system because they represent the replacement of an existing unit. This number does, however, represent the number of units that have been more than 75 percent demolished and replaced with a new residence this year. Maximum carryover of allocations from one year to the next is 100 or 25 percent of the total unused allocations (whichever is less) carried over from one year to the next. There were 376 carryover allocations from 2000 available at the first of 2001. This number was adjusted by the 25 percent figure resulting in 94 excess allocations avaitable for 2001. s:\plan\pb-items~nemos\bbrgms014.pbm AGENDA ITEM # 6A Paee 5