Planning Commission Minutes 2015 01 08

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Planning Commission Meeting Minutes January 8, 2015 Page 5 of 23 technologies. Regardless, staff believes the 50-foot building height request warrants an explanation. As a result the applicant added a note to the GDP stating: "The 50' max building height accommodates two specific instances: a) Planning Area A - a two story commercial building with a steeply pitched 'barn -like' roof form is proposed; and b) Planning Area B - a two -three story residential building with basement level garage parking access is proposed in a location where the height is compatible with building height precedents on the adjacent property." With the note on the applicant's requested GDP, staff finds the requested building heights consistent with the Comprehensive Plan. City Zoning: Staff reviewed the annexation and zoning request against the City's existing zoning map and found it compatible. The proposed annexation is surrounded by Steel Ranch (Zoned PCZD — C and R) to the West and north; Balfour Senior Living to the East (Zoned PCZD — C); and Christopher Village and Christopher Plaza (Zoned Commercial Business) to the South. The proposed yard and bulk standards were also found compatible with the surrounding zoning. Intergovernmental Agreements: In August of 2012, The City of Louisville and the Louisville Housing Authority entered into an Intergovernmental agreement with Boulder County and the Boulder County Housing Authority concerning affordable housing within the City of Louisville. The City entered into this agreement as the Louisville Housing Authority proposed to transfer its 116 affordable housing units to the Boulder County Housing Authority. In the agreement the City and County agreed that the County would own and manage the City's 116 affordable housing units along with the County's existing 30 units in Louisville. Additionally, the County agreed to build an additional 15 units in Louisville within the next five years. The Louisville Fire Department stated they could serve the annexation and reserved specific comments to the property's design following the submittal of a Planned Unit Development (PUD). The Boulder Valley School District (BVSD) was a referral for this development. A letter from BVSD dated January 2, 2015 states this development proposes "a student impact of 20 students on Louisville Elementary, 7 students on Louisville Middle School and 11 students Monarch High School."Note BVSD anticipated 70 of the proposed Housing authority units to be restricted to seniors and were not used in their student evaluation. The letter goes on to state, "When considering all other development activity in Louisville (Attachment A), and resident enrollment growth within the attendance areas of Louisville schools, Louisville Middle and Monarch High are able to accommodate projected growth (Chart B). Louisville Elementary, however, will likely exceed its program capacity within 5 years should growth within the existing housing stock of central Louisville continue at its current pace. Elementary capacity in Louisville as a whole, however, is ample to accommodate continued enrollment growth." Louisville staff underlined the last sentence of the BVSD statement for emphasis. The School Board has agreed to a meeting with City Council at the School District on February 4, 2015 to discuss enrollment solutions. Fiscal Impact: The applicant submitted a fiscal impact study completed by Economic and Planning Systems based on the City's current fiscal model. The development program shown in this document (194 units and 18,406 square feet of commercial development) does not match the development program requested on the General Development Plan (231 units and 11,000 sf of commercial development). Staff directed the applicant to update the model. However, the timing of the holiday season and the public hearing schedule, the updated model was not completed in time for the posting of this report; but, the report will be completed prior to the City Council meeting February 17th. Staff is presenting the findings of the initial report for planning commission information. Note these numbers will not reflect the final number for the applicant's requested GDP. Regardless staff anticipates this requested annexation zoning will generate a negative fiscal impact on the City in terms of both annual operating and one time capital. The study makes various assumptions about building unit values, sales per square foot, household income attributable to new residents, the study estimates: "The