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TZiEREFORE following growth policy is adopted by the City Coun~ ~f the City of <br />/" Louisville: <br />1. Fees associated with residential development should be reviewed, set and adjusted each <br />yeaz to reflect the full cost of residential development impact upon the city. <br />2. Residential annexations, except as required by state statute, shall be considered only if <br />they benefit the city, if city services are available after allowing for services required by <br />undeveloped land already v~ithin the city limits, and if additional debt is not required by <br />the city to serve the annexation. <br />3. It shall be a goal for the city not to acquire new debt to serve residential annexations. <br />4. All residential development, except where forbidden in existing contracts, shall be phased <br />to reduce the impacts on schhools. As a goal and consistent with attendant conditions, the <br />City Council will strive to limit the number of residential building permits issued in <br />calendar year 1994 so as not to exceed 250 per calendaz yeaz for single family and 120 <br />per calendaz yeaz for multi-family. That goal shall be reviewed annually with~ke e~cpress <br />goal of reducing the single (Family equivalent to an optimum of 150 total building permits <br />or less by calendaz yeaz 1997. <br />5. Residential annexations, as a goal shall be low density, and enclaves shall be zoned to the <br />least dense zoning in the general azea of the annexation. The Comprehensive Plan shall <br />be the guide for residential density. <br />i 6. Consistent with the ability of the City of Louisville and Boulder Valley School District <br />to provide services to the c;itixens of Louisville, it shall be the goal of the City Council <br />to limit the total number of residential annexations to the number required to repay <br />existing debt, or the equivalent of about 300 to 600 building permits for single family <br />houses. This number could be reduced by an offsetting income from another source. <br />Annexations that would place the city in the position of exceeding this number of building <br />permits shall be considered only if it can be shown that the development would be of a <br />compelling benefit to the city and its citizens. <br />7. Commercial and retail annexations shall be considered to balance the tax base, to reduce <br />the tax burden of our citizens„ and to improve the economic climate of the city. <br />8. In general, it is the desire of the City of Louisville for the orderly development of land <br />within our planning azea. This goal is set forth to control and manage that development <br />over 10 to 20 years or more, and to ensure that azeas for open space, pazks, and schools <br />aze set aside. Further it is the goal of the city to preserve Louisville's unique identity and <br />open horizons by purchasing azeas within the planning azea for open space and parks. <br />9. It shall be the goal of the City Council to work with the school district, the county and <br />other cities to establish a regional growth plan. <br />ATTEST: <br />~~~ ~ <br />~~ ~ ~ <br />~iaj-Li ` Ker~tpei-, City Clerk ~~ <br />ADOPTED THIS 18TH DAY OP JAIVfIIARY, 1994. <br />Tom Davidson, Mayor <br />