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10-02-23 JDA
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10-02-23 JDA
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Commissioner Fabel explained based on the recommendation of the evaluation team, he would <br />be supporting Proposal A. <br /> <br />Motion by Commissioner Monson seconded by Commissioner Reinhardt to recommend <br />Proposal A for Outlot A to the County Board. Motion carried. <br /> <br />e. Request City and County Consideration of TCAAP Redevelopment Code (TRC) <br />Amendments <br /> <br />Director Perrault stated following the presentation from Alatus to the JDA at the September 27, <br />2023, Special Work Session, City Staff reviewed the proposed development density scenario of <br />1,960 units to the City’s TCAAP Redevelopment Code (TRC) in order to determine what <br />amendments, if any, would be necessary. As shown in the Alatus presentation, the TRC includes <br />as Attachment 1 the TCAAP Proposed Regulating Plan. This regulating plan illustrates the <br />breakdown of total acreage for all of the TRC zoning districts, as well as the gross density range <br />and maximum residential units by residential neighborhood/zoning district totaling 1,460 units <br />as currently approved under the TRC. Based on the proposed density of 1,960 units from Alatus, <br />Staff has confirmed that a TRC Amendment would be required to modify this table. It should be <br />noted that a TRC Amendment would be triggered most likely with any change to the <br />breakdown of acreage by zoning district and/or density as a result of the adopted Maximum <br />Residential Units table which is formulated to 1,460 units. <br /> <br />Director Perrault explained along with the TRC Amendment, staff would note that the City’s <br />Comprehensive Plan would also need to be amended for the proposed density scenarios due to <br />the increase in residential units of the Town Center NR-4 zoning district and conversion of the <br />southwest corner of the TCAAP site from Flex Office to Residential. While regular zoning code <br />changes can be done on a simple majority vote, Comprehensive Plan amendments require at <br />least four affirmative votes by the City Council. However, per State Statute, a Comprehensive <br />Plan Amendment can be done on a simple majority of it allows for affordable housing, the <br />stipulation is that 20% of housing units in the development must be affordable at 60% of Area <br />Median Income. The exact language from statute is as follows: <br /> <br />Amendments to permit an affordable housing development are approved by a simple <br />majority of all of the members. For purposes of this subdivision, "affordable housing <br />development" means a development in which at least 20 percent of the residential units <br />are restricted to occupancy for at least ten years by residents whose household income <br />at the time of initial occupancy does not exceed 60 percent of area median income, <br />adjusted for household size, as determined by the United States Department of Housing <br />and Urban Development, and with respect to rental units, the rents for affordable units <br />do not exceed 30 percent of 60 percent of area median income, adjusted for household <br />size, as determined annually by the United States Department of Housing and Urban <br />Development. <br />
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