Planning Commission Minutes 2015 01 08

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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 the fiscal land is basically the cost of fulfilling policies? In regard to transportation, he asks Russ if this will facilitate the need for the traffic signals? Russ says we anticipate the Pascal signal to be installed in 2015 based on warrants and agreements with CDOT. The Highway 42 Plan with CDOT's endorsement shows signals at Hecla and Pascal. The purpose of the Kaylix extension will be a bigger relief to the residents of Steel Ranch than a signal at Pascal. Applicant Presentation: Norie Boyd, Boulder County Housing Authority, Planning Division Manager. Present are Willa Willaford, Housing Division Director; Ian Swallow, Project Manager: Ben Doyle, County Attorney; Nicole Delmage, Barrett Studio Architects. BCHA is working with Humphries Poli Architects; Milender White Construction; Olson and Associates for civil engineering; and Wenk Associates for landscaping. History: In 2012, the BCHA entered into an IGA with Louisville and LHA to transfer LHA 116 affordable housing units over to the Housing Authority. Part of the agreement was that BCHA would invest $1 million to reposition the properties and renovate them. That investment has already occurred at $1.3 million. They are also to provide 15 new affordable housing units. This proposal is for slightly more than 15 units, but it is due by 2016 and it is fulfilling that obligation. Fiscal impact questions: There are 65 housing vouchers distributed to landlords throughout Louisville which brings $600,000 to landlords in the City today. We have a Human Services Safety Net program, Housing Stabilization program, and other benefits the County is providing to the City. This plan is consistent with the other community value statements and elements of the Comp Plan to provide much needed affordable housing to serve seniors and families. The plan is strong in addressing affordable housing policy goals which have not had a significant investment over the past 15 years in Louisville. Now is the time to develop affordable housing in the City. Affordable housing will support local businesses especially the Christopher Village to the south. The Art Underground 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