01/08/2003 P&Z Packet - Laserfiche WebLink

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• • • Approved Phasing Plan/Final Platting Schedule Paragraphs 9, 10, 11, 12, and 13 refer to phasing plans and an inventory of approved phasing plans, which requires some explanation. The City needs a way to keep track of the number of housing units that are approved and the schedule for when they will be built. The best way to do this is to track and regulate the approval of platted lots or housing units. (A single family detached lot will accommodate one housing unit. However, multi - family residential structures can be built on one lot. Therefore, it is the number of units that counts.) Lots cannot be built on until the final plat is approved. Once the final plat is approved, we can assume that the lots will be built on relatively soon. The ordinance states (paragraph 9) that all plats over 50 units must include a phasing plan. (The new subdivision ordinance also requires a phasing plan. This is one of the overlapping points of the growth management ordinance and subdivision ordinance.) The phasing plan will be negotiated during the project review process. Ultimately, when the city council approves a preliminary plat, the phasing plan will be part of the conditions of approval and included in the development agreement. The phasing plan lists which lots /units will be final platted in each year following preliminary plat approval. Exhibit 1 takes us through a progressive explanation of the inventory of approved phasing plans, or final platting schedule. The schedule includes a column for each year and a row for each development project. The approval of Stoneybrook in 2002 included a phasing plan that allows 51 lots to be final platted in 2002 and the remaining 52 in 2003. (Lots can carry over to the next year to some extent.) Pages two and three show additional (imaginary) projects and their phasing plans. According to the schedule, Caroline's Estates could final plat 47 lots in 2003, 49 lots in 2004, 49 in 2005, and the last 23 in 2006. Page four shows the lots platted in 2002 (prior to the growth management policy being in place) and the total for the projects, assuming additional projects will make up the 147 each year. Page five illustrates several things. It shows that we have an existing inventory at the end of 2002 (about 208 lots) that is not governed by the new policy. It also shows that by year end 2005, the existing inventory of lots will be used up and the annual target of 147 new housing units will be achieved. That is, since the left over inventory is used up, only the lots that are final platted according to the phasing plan schedule will be available. As long as the City follows the policy, 147 new lots will come on line annually, and that is all that can be built on. There is some flexibility built into the policy, as explained in paragraphs four and five of the ordinance.