HomeMy WebLinkAbout020 - 02/16/1999 - REPEALING ARTICLE IX OF CHAPTER 5 OF OF THE CITY CODE REGARDING THE OFFSET OF IMPACT FEES FOR AFFORD ORDINANCE NO. 20, 1999
OF THE COUNCIL OF THE CITY OF FORT COLLINS
REPEALING ARTICLE IX OF CHAPTER 5
OF THE CODE OF THE CITY REGARDING THE
OFFSET OF IMPACT FEES FOR AFFORDABLE HOUSING
WHEREAS,Article IX of Chapter 5 of the Code of the City of Fort Collins provides for the
offset of impact fees for affordable housing; and
WHEREAS, the staff, and the Affordable Housing Board, have recommended to the City
Council that the City's program for the offset of impact fees for affordable housing(the "Program")
be eliminated for all projects except those eleven (l l) projects which have received preliminary
planning approval and have financially relied upon receiving an offset of fees under the Program;
and
WHEREAS, staff and Affordable Housing Board anticipate recommending to the Council
at some future time that the Program be replaced with a competitive process which would allocate
all City funds related to affordable housing issues; and
WHEREAS, the Council has determined that it is in the best interest of the City that the
Program be eliminated.
NOW, THEREFORE, BE 1T ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that Article IX of Chapter 5 of the Code of the City of Fort Collins pertaining to the offset
of impact fees for affordable housing be and hereby is repealed, together with all administrative
regulations pertaining thereto; provided, however, that said Article IX and its associated
administrative regulations shall remain in effect for those eleven(11)projects which have received
preliminary planning approval and have financially relied upon receiving an offset of fees under the
Program,which eleven(11)projects are more particularly described on"Exhibit A" attached hereto
and incorporated herein by this reference.
Introduced, considered favorably on first reading, and ordered published this 2nd day of
February, A.D. 1999, and to be presented for final passage on the 16th day of Februar�.D. 1999.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 16th day of February, A.D. 1999.
�i
--`1GIa}'or �
i
ATTEST:
City Clerk
EXHIBIT A
DEVELOPMENT PROJECTS TO WHICH THE OFFSET OF IMPACT FEES
FOR AFFORDABLE HOUSING PROGRAM REMAINS IN EFFECT
CARE Eagle Tree (17 rental units cr 50% AMI, 5 @ 45% & 14 @ 40%)
FCHA, Parkway Townhomes (12 homeownership units @ 50% AMI)
C&A Scenic Views, Saddle Ridge (27 homeownership units @ 80% AMI)
Brandt, Willow Wood(14 homeownership units @ 80% AMI)
Brisben, Buffalo Run (13 rental units @ 400/o AMI & 73 @ 50%)
Brisben, Bull Run (35 rental units cr 50% AMI & 141 @ 60%)
FCHA, Via Lopez (33 homeownership units lu) 50% AMI)
Habitat for Humanity, Albion Way (1 homeownership unit @ 50% AMI)
Habitat for Humanity, Albion Way (1 homeownership unit ��a, 50% AMI)
Brisben, Country Ranch (118 rental units n 60% AMI)
CARE, Windtrail (50 rental units cr 55% AMI )
------------------------------------------------------------
----------------------------------------------------------------