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7 <br />The City will plan to accommodate an annual average of 230 units per year over each 5- <br />year phasing period not to exceed 345 units in any one year. From 2010 to 2024, the <br />City’s average annual number of units is 123. This is less than the allowed 230 unit <br />annual allocation. <br /> <br />With existing projects underway, this project will be phased over multiple years to meet <br />growth management requirements. The Phasing Plan is detailed later in this report. <br /> <br />Current Zoning and Land Use <br /> <br />Current Zoning R, Rural <br />Current Land Use Agricultural <br />Future Land Use per <br />2040 Comp Plan Low Density, Medium Density, High Density <br />Utility Staging Area Stage 1A (2018-2025) <br />Stage 1B (2025-2030) <br /> <br />Rezoning <br /> <br />The property is currently zoned R, Rural. The R, Rural zoning is a holding district until <br />municipal water and sanitary sewer are available to the site and the property owner is <br />interested in having the property developed. The property would need to be rezoned to <br />PUD, Planned Unit Development to allow for zoning and shoreland district flexibility. <br /> <br />PUD Land Use and Conventional Zoning District & Shoreland Guidelines <br /> <br />City Code Section 1007.024 details the PUD, Planned Unit Development requirements. <br />The purpose of the PUD is to provide a zoning district that grants flexibility from certain <br />conventional zoning regulations in order to achieve public benefits that may not <br />otherwise be obtained under standard zoning regulations. These public benefits are <br />detailed in City Code Section 1007.024(2) and discussed later in this report. <br /> <br />City Code Section 1007.024(4) details the PUD Land Use and correlating conventional <br />zoning district standards. These conventional zoning district standards serve as <br />guidelines but may be departed from to accomplish public value purposes. <br /> <br />The underlying conventional zoning districts used for this project are: <br /> <br />Underlying Conventional Zoning Districts Housing Product <br />R-1, Single Family Residential 80ft wide lots <br />R-2, Two Family Residential 55ft and 65ft wide lots