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Planning Commission <br />Meeting Minutes <br />July 14, 2022 <br />Page 5 of 8 <br />Ritchie says cities have adopted a moratorium in these cases in order to prohibit <br />applications from coming forward until the ordinance adoption is made. <br />Discussion by Commissioners: <br />Moline agrees that affordability is an issue within the City. He is troubled by supporting <br />this when he is unsure that 30% is the right target to hit, especially with no study to back <br />it up. It is higher than Boulder. He thinks the City should explore incentives for <br />developers. Overall, he is unsure of the 30%. <br />Krantz says she is in favor of passing this ordinance and is concerned that without <br />passing it, there will not be any re -zoning at all. This adds an opportunity for developers <br />to elect this 30% and change the zoning. Having it be zoned residential brings greater <br />value than it being zoned commercial. <br />Osterman says her position on this has not changed from the last meeting. The 30% <br />level is not substantiated by any analysis or data. In comparison to neighboring cities, <br />we would be higher than them. She wants to see more inclusionary housing in <br />Louisville. She is concerned that this will have the opposite effect. She thinks we will <br />have developers think it not financially viable to have 30% and no longer want to build <br />here. She does not support this ordinance at this time. She is interested in seeing the <br />housing study. <br />Brauneis says he shares Commissioner Osterman's concerns as well. He discusses <br />procedurally how the commission moves forward with this ordinance in regards to <br />making conditions versus recommendations to City Council. He is concerned about the <br />lack of incentives and the possible tall height of new buildings. <br />Moline mentions that he believes the commission does not need to see this ordinance <br />again. <br />Ritchie says the commission has options. They could adopt it as drafted or adopt it with <br />conditions. They could adopt with recommendations such as a certain section be <br />revised. <br />Zuccaro says the conditions may not have to be specific but could just say that the <br />condition is that there should be options of incentives. <br />Brauneis asks if they could suggest a re-evaluation of the 30%. <br />Ritchie says they could do that. <br />Moline says he could get behind a motion to approve the ordinance along the lines of <br />leaving the percentage blank pending on the housing study we will conduct. He also <br />suggests approving this ordinance with a condition that there be appropriate incentives <br />dependent upon the housing study findings. <br />Brauneis says he is not sure they can reference the study if it has not happened yet. <br />Osterman says she does not understand the urgency on approving this right now. Any <br />new development would still have to adhere to the 12%. <br />Krantz says she appreciates that we do not have all the answers or housing study. She <br />looked at the Boulder County housing strategy and the goal is to meet the 12% by 2035. <br />It seems like Louisville is already behind on this. Ordinances and changes seem to take <br />a long time so that is why she is a proponent for approving this now. <br />Moline says he understands the urgency but he also wants to ensure that the program <br />set up is one that will be utilized and benefit the community. <br />Brauneis asks if the commissioners are interested in conditions and if a specific <br />percentage is needed upon voting. The framework has been developed in the right <br />direction. He senses that City Council wants to move forward with something like this. <br />