City Council Minutes 2005 09 06 - Laserfiche WebLink

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City Council Meeting Minutes September 6, 2005 Page 5 of 18 He commented on Fastracks and the Highway 42 redevelopment, and use by right entitlements. He voiced his concern over bundling commercial and housing developments, and discussing affordable housing in conjunction with development. Michael Markel, 5723 Arapahoe Avenue, Boulder, CO voiced his support of the phasing plan, and stated he would be willing to participate in a Stakeholders Task Force to give input on the phasing plan. COUNCIL COMMENT Council member Keany asked Mr. Leary to explain his calculation on the residential phasing. Mr. Leary stated his calculation was projected on residential phasing over a seven to eight year period, in conjunction with the development of Fastracks. Council member Keany asked Mr. Leary if there should be any consideration for extenuating circumstances in a use by right application. Mr. Leary stated a use by right application should follow the principles of the Comp Plan. Council member Van Pelt agreed 150 residential units is an arbitrary number, but noted any number would be arbitrary. She stated the Council would like to see slow, controlled growth over the next twenty years. She stressed the importance the number be compliant with the principles of the Comp Plan. Council member Keany asked Mr. Markel to project the number of residential units required for his project to be economically viable. Mr. Markel responded an average of 75 units per year. Council member Keany asked Mr. Markel what type of project he proposes. Mr. Markel stated he proposes a mixed-use development. Mayor Sisk asked Mr. Markel how other communities allocate annual residential units to developers. Mr. Markel explained in some communities it is on a first- come first-serve basis, while others use a formula to allocate the number of units. The City of Boulder commits to each developer a number of units annually. Mayor Sisk suggested the projection of 150 residential units per year is too high. He concurred with a range between 80 and 90 units per year. With respect to use by right, he stated they should be given a priority, but not an exclusive right. Council member Brown cautioned against giving priority, with out exclusive right. Council member Van Pelt stated she would like to see flexibility in a slow and managed phasing plan. She supported the 150 units per year.