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HomeMy WebLinkAboutL Street Annexation & ZMA CC PresentationL Street Annexation & ZMA CITY COMMISSION December 16, 2025 •Applicant acknowledges future development will require substantial public infrastructure •Applicant requested R-3 acknowledging the proposed UDC revisions creating R-B •R-3/R-B provides flexibility for future development of missing middle housing Project Information •Applicant has no development plans and intends to sell the subject parcels to a single buyer Controlled Groundwater Area & Testing History 1 ug/L is equivalent to 0.001 mg/L and used to measure trace amounts. PCP = Pentachlorophenol •Total acreage: 17.9 •Development acreage: 8.7 •“Protected” acreage: 8.6 •50% of subject properties are protected by the City’s watercourse and wetland setbacks. Development and Natural Resource Protection Potential for Affordable & Workforce Housing •Subject properties are in a Qualifying Census Tract (QCT). •Eligible for Low-Income Housing Tax Credits (LIHTC) •LIHTC is one of the only tools to close the affordable housing capital gap •Using LIHTC with the City’s Affordable Housing Ordinance (AHO) incentives yield deeper affordability •R-3/R-B provides the densities necessary to partner AHO with LIHTC Support for Annexation & ZMA Approval •Annexation •DRC supports annexation •Policies 1-12: ‘Criterion Met’ or not applicable •Zone Map Amendment •Staff found requested zoning meets required Criteria A-D •Staff also found the secondary Criteria F-I and K to be met. Criteria E (transportation) and J (buildings) were found to be ‘neutral’. •Zoning Commission recommends approval of requested zoning •Annexation into the City provides more rigorous development oversite than remaining in the County. •Annexation and R-3/R-B zoning creates flexibility for missing middle housing •Annexation and R-3/R-B zoning creates the potential to utilize AHO and LIHTC for an affordable housing project.