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Amending Growth Management Policy page 3 • Advisory Board Review The Planning & Zoning Board held a public hearing on the policy amendments on October 13th The Environmental Board considered them on October 27th. The boards considered both of the amendment options. Both boards recommended approval of Option 1, exempting conservation development from annual limits to give the City Council more discretion in approving housing above the stipulated growth limits. Timeline We are presenting the draft amendments now to allow time for city council consideration and feedback. We anticipate bringing the first reading to the council at the November 22nd meeting. We hope to have the Fox Den Acres project on the same agenda. Comprehensive Plan Goals and Policies The comprehensive plan includes extensive lists of goals, policies, recommendations, and the like. These are intended to guide implementation of the comprehensive plan. We have assembled a list of some of these guiding statements that are relevant to conservation development. They are attached to this memo. Of course, one of the main issues to consider is the limit on growth, listed as a growth management policy on page 27: 9. Limit residential growth to an average of 147 units per year, carrying a three year supply lot inventory. The MUSA reserve was based on land consumption, which in turn was based on averaging 147 units per year at a density of 2.5 units per acre. The limit on the allocation of MUSA acres remains: the proposed amendment does not change it. The number of units will be regulated indirectly, through the allocation of MUSA. While the annual limit on platted units /lots has delayed the extent of development, it has not lead to achieving the public values related to open space and natural amenities that are described in the comprehensive plan. The minimal development allowed by the unit limit prevents larger scale planning as well as the economic ability to achieve the environmental goals so important to the community and included in the new parks and open space plan. A good sampling of those environmental goals, as expressed in the comprehensive plan, are attached at the end of this memo. •