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Growth Management Approach Establish Growth Management policies that require the following growth management approach: Manage the allocation of residential units on a yearly basis, but averaged over a 5 -year period, to ensure land supply is not prematurely depleted and to ensure, wherever possible, even growth from year to year. • Spread area assessments only to lands that are imminently developable within the 2030 MUSA. Growth Management and Housing Affordability It is important to acknowledge that because the supply of developable land may become more limited while demand remains strong and the costs to develop land become higher, the result may be higher housing costs, making affordable housing more difficult to provide. In order to combat this unintended and undesirable outcome, the City may need to take steps to ensure that a reasonable proportion of the new housing stock is affordable in keeping with the mandates of the Metropolitan Council (See Chapter xx - Housing Plan). HL#r 2040 COMPREHENSIVE PLAN UPDATE DRAFT Dec 14-17 for review only Growth Management Policies It is the City's growth management policy to: Construct trunk utilities within the 2040 MUSA to accommodate an average of approximately 420 new residential units per year. The City will use a rolling average over 5 year increments so that a lower level of development may occur in some years and a higher leve in other years, provided the average annual residential permits does not exceed 420 units per year. 2. Expand MUSA in a manner that promotes orderly, contiguous and sequential growth. Leapfrog development past parcels that are located in the 2040 MUSA, but to which utilities have not yet been extended, will be discouraged. 3. Develop infrastructure assessment policies that ensure that development is not encouraged by levying of assessments against properties that are not yet ready for development. 4. Require a staging plan for all new developments so that infrastructure within a given phase can be staged. 5. Limit total rural development in areas beyond the 2040 MUSA to one unit per 10 acres or less density. 6. Limit future development in areas located within the 2040 MUSA, but not serviced by public utilities, to one unit per 20 acres or less density except for lots of record. This will allow preservation of land in parcels large enough to ensure opportunities for future development. DRAFT Dec14-17 for review only LAND USE 55