City Council Agenda and Packet 1992 09 01

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that it Louisville charged the same rats for a multi�familg dwelling that they do for a single family dwelling, they will absolutely eliminate multi - family dwelling units from Louisville. To eliminate all segments of Louisvill population from being able to afford housing in Louisville has been hold by the Supremo Court to be discrininato3r-. He secondod Lathrop's suggestion to take considerably sore input from the people that would be aff++cted by this. Lathrop: We can put the brakss on the train, but we can also derail it. If our rates have been too low through our growth period, since I've been here longer than most of you, I•ve been subsidising most of you that have case since. You are now subsidising people that are going to come later. We are all going to be paying those bonds and Lees sooner or later. Kayer: In regard to 400 houses per year, 35 per month, we have done 217 housing permits (the first six months), which works out to be 36.16 houses per month. As for as restricting growth, if I Want to restrict growth I'm going to pass an ordinance that specifically restricts growth. I've boon very insistent that growth fees that we collect go to growth related projects. We're in the second year of a three year process of raising water rates 121 per year. That's because even the cost of depreciating our current capital wasn't being accounted for, so the Council last year started the process of raising the water rate at 12t per year. When we`re doing 36 houses per month for the first six months of this year, if we wait another six months (to raise the fees) , sos►eons has to explain to the citizens why we waited on several hundred thousand dollars. Hadding: I agree in principal with Councilman Mayor's concerns. I support further discussion and I think these development fees need to be reviewed. If it's reasonable, they need to be increased. I am not 19