Laserfiche WebLink
City Council Meeting Minutes December 2, 2020 <br />City Council may consider financial incentives and approval is required for <br />any to be accepted and implemented. The resolution only directed Staff not to <br />accept applications for incentives for residential developments. Mr. Ostrowski <br />mentioned that a moratorium was placed on any further financial incentives <br />for future residential development to <br />allow the City to see how the market responds to the 9,800 housing units <br />recently constructed and/or planned in a number of new residential <br />communities including Blanco Vista, Kissing Tre, Trace, La Cima, and <br />Whisper. <br />Mr. Ostrowski provided long and short term staff recommendations. <br />The longer term approach (beyond 2 years) would use the Comprehensive Plan <br />currently in the planning stage, estimated to be complete in late 2021 to <br />develop a future incentive policy that addresses the use of financial incentives <br />based on the vision, goals, objectives, and policies identified in the <br />Comprehensive Plan. <br />The shorter -term approach (next 1-2 years), through a new resolution, would <br />direct City staff to not accept any applications for financial incentives for <br />residential development for a period of two years, or until the City Council has <br />approved a specific policy that is consistent with the newly adopted <br />Comprehensive Plan. There could be certain exceptions where staff could <br />accept applications for financial incentives. These exceptions revolved around <br />developments that were: <br />— infill related <br />— developments that would further workforce housing <br />— developments that may otherwise have a potential adverse impact on the <br />environment if an incentive were not allowed. <br />The Council Committee recommended: <br />1. Through a new resolution, direct City staff to not accept any applications <br />for financial incentives for residential development for a period of two years, <br />or until the City Council has approved a specific policy that is consistent with <br />the newly adopted Comprehensive Plan. <br />2. Exceptions: <br />A. Are for infill developments. Infill developments shall be defined as new <br />development on land that had been previously developed including without <br />limitation, greyfield and brownfield sites and cleared land within urbanized <br />areas. <br />B. Are for developments that would require at least 51% of the residential <br />City of San Marcos Page 2 <br />