Res 2007-038 - Laserfiche WebLink

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I I I City of San Marcos Housing Infill Development Incentives Policy Types of Incentives City-Wide Incentives It is the intent of the City of San Marcos to offer incentives on a case-by-case basis so that the total package of incentives may be designed specifically for each project that is proposed. This approach will allow the City the maximum flexibility necessary to satisfy the unique needs and concerns of each applicant and the needs and concerns of the City and its citizens. The criteria outlined above will be used to determine whether or not it is in the best interests of the City of San Marcos to provide any incentives to a particular applicant. The extent to which a proposed project furthers the goals and objectives of the City of San Marcos and the projected impact of the project on the City will be used to determine the types and value of the incentives provided. The following incentives may be requested by the applicant and are subject to approval by the City Council, at the Council's sole discretion: a. Reduction, elimination, deferred payment or reimbursement of building permit fees, plan review fees and contractor licensing fees. b. Reduction, elimination, deferred payment or reimbursement of processing fees for subdivision, zoning or land use amendments. c. Reduction, elimination, deferred payment or reimbursement of engineering review fees. d. Reduction, elimination, deferred payment or reimbursement of landscaping or tree preservation fees. e. Reduction, elimination, deferred payment or reimbursement of utility tap and meter fees. f. Public participation in, or financing of, specific water, wastewater, drainage, street or electrical system improvements. g. Initiation of a municipal assessment program to pay for the costs of certain public improvements. h. Establishment, where legally allowed, of special districts such as public improvement districts or tax increment financing districts. i. Reduction, elimination, deferred payment or reimbursement of park fees paid in lieu of the dedication of park land. Neiahborhood Enhancement Proaram Incentives To foster affordable housing and neighborhood enhancement, the City of San Marcos has developed an incentive program targeted to housing builders. The City will rebate funds to builders upon sale of a home meeting the targeted housing price point in a targeted area of the City. Fees to be rebated include tap, meter installation, construction permit, site preparation plan permit, plan review, subdivision processing, zoning, land use review, engineering review and impact. A cap for all fees rebated not to exceed $5,000 will be imposed. Another incentive for this program will include fast-track permitting/plan review and a faster incentive review process. In order to be eligible for the rebate, completed homes on infilllots should cost no more than the targeted price point, including the lot cost, and be turn-key construction. No Housing InfiIl Development Incentives Policy