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ii. The annual target is to allocate no more than 36 acres annually in the years 2003 through 2009. While this is the target, it is an annual average. At the discretion of 20% over or below the target. reducing MUSA allocation for future years. b. Commercial/Industrial: A total of 74 MUSA reserve acres is designated for 0/1 development. These CII MUSA acres can be granted at any time prior to year 2010. There is no annual limit for C/I MUSA. 5. The goal is to limit new growth in the city to an average of 147 new housing units per year: 1029 units in the seven years including 2003-2009, inclusive. This includes all residential growth: both within the existing MUSA and in areas that would need MUSA reserve. While this is the target, it is an annual average. At the discretion of the City Council, the number of lots approved for any one year may vary by 20% over or below the target. Exceeding the new growth target will necessitate reducing the number of lots available for future years. This 147 growth target refers to units in future plats, not to units on lots in final plats approved prior to 2003. 6. No single development project should be awarded an entire year's number of new housing units. This requirement is intended to: a. avoid or minimize potential monopoly price effects b. promote timely development: one project often will not be able to build all 147 in one year c. promote housing diversity d. avoid inefficient concentration of infrastructure expansion that could impede financial return on investments elsewhere in the city e. distribute and minimize potential negative impacts of development f. promote fairness by distributing growth among several projects while observing the goal for new growth 7. An amendment of the comprehensive plan shall be required if, in order to accommodate a specific development project, the annual target for new growth (units/year) or residential MUSA reserve allocation (acres/year) would be exceeded by more than 20%. The City Council shall consider such an amendment only if the specific development project will promote a clearly identified public purpose. The public purpose may include but is not limited to: a) provision of housing unit variety that contributes toward meeting housing goals, such as medium density, high-density, and mixed-use developments in locations designated for them in the comprehensive plan b) provision of infrastructure that will provide benefits beyond the project site, in accordance with City transportation, sewer, or water plans, that is not financially feasible without exceeding the target -33- Ordinance 24-04, page 3