Planning Commission Agenda and Packet 2015 02 12

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Planning Commission Meeting Minutes January 8, 2015 Page 8 of 23 Brauneis asks about traffic concerns. There have been traffic studies looking at Highway 42 and South Boulder Road. Can you share information from them? Russ says the Highway 42 Plan matched the Comp Plan and densities. The GDP is met by the Highway 42 Plan and the Comp Plan. At PUD, the traffic lanes will be determined. General traffic operation is consistent with the Highway 42 Plan. The most important issue of this portion of Highway 42 is the Kaylix Avenue connection, which will become another north -south road to South Boulder Road and the Christopher Shopping Center. Russell asks about Parks Department feedback. Russ says feedback from Parks is that they have no general concerns or comments. They have provided the trail connection. Pritchard wants clarification. Is it fair to say that the deficit on th- .I land is basically the cost of fulfilling policies? In regard to transportation, he asks Rus . 'II facilitate the need for the traffic signals? Russ says we anticipate the Pascal signal to be installe 15 bas- . warrants and agreements with CDOT. The Highway 42 Plan with C® endorseme •ws signals at Hecla and Pascal. The purpose of the Kaylix exte • ill be a bigger re!! - . the residents of Steel Ranch than a signal at Pascal. Applicant Presentation: Norie Boyd, Boulder County Housing Authority, Plan Present are Willa Willaford, Housing ® on Director; Doyle, County Attorney; Nicole Delma BCHA is working with Humphries Poli A Associates for civil engineering; and We n Manager. wallow, Project Manager: Ben cts. onstruction; Olson and g. • History: In 2012, 116 affordable that BCHA investment affordable hou 2016 _- it is ful entered ver to t ion to re dat$1.3 al is A wi' • sville and LHA to transfer LHA using Authority. Part of the agreement was tion the properties and renovate them. That on. They are also to provide 15 new lightly more than 15 units, but it is due by • F' • • uest . here are 65 • d sing vouchers distributed to landlords ghout . 'lle brings $600,000 to landlords in the City today. We have a man Service ety - • ogram, Housing Stabilization program, and other benefits County is pro • • tot - y. This plan is consistent with the other community statements a • lemen - of the Comp Plan to provide much needed affordable ho • to serve sen . and families. The plan is strong in addressing affordable house • • • licy goal ich have not had a significant investment over the past 15 years in Louis Now ' time to develop affordable housing in the City. Affordable housing wi . •. ocal businesses especially the Christopher Village to the south. • The Art Unde . nd will be developed as a partner, a non - profit arts organization to provide dance studios and classes for children. This is an existing local business in downtown Louisville which will expand. • BCHA thinks this housing development will be a huge benefit for the City although it may not show up "on paper ". • Financing: Low income tax credits as well as State Disaster Relief Funds. Part of BCHA's obligation to these entities is to describe it when presenting to the public. Norie takes a few minutes to fulfill that obligation. The State of Colorado has set aside to support affordable housing especially in disaster communities affected by the September 2013 flood. BCHA will take advantage of a new mechanism of State Low Income Housing Tax Credit which is administered through the Colorado Housing Finance