Res 2007-038 - Laserfiche WebLink

Home Browse Search

I I I Request for Reimbursement form and appropriate support documentation to indicate compliance with the terms and conditions of the Development Incentive Contract with the City within 30 days of the issuance of a certificate of occupancy. In the case of contracts requiring compliance with the target price, the form and appropriate support documentation must be submitted within 30 days of the closing date as shown on the settlement statement. Following staff review, the City will issue the applicable rebates. b. For all other incentives, incentive compensation will be effective following execution of the Development Incentive Agreement approved by City Council. Neiahborhood Enhancement Proaram 1. Applicant shall file an application on a form provided by the City prior to requesting a building permit. Supporting documentation that must be submitted with the application includes: a. A plat/boundary survey showing the precise location of the property, all roadways within 200 feet of the site, and all existing zoning and land uses on the site. b. A complete legal description of the property. c. A brief description of the proposed development or redevelopment project, anticipated project costs, estimated development schedule, projected construction start date, and the total value of proposed improvements. d. The type and total value of incentives being requested. e. Any other information about the proposed project which may be required by the City. 2. The application will be reviewed by staff for completeness and accuracy and comments will be received from appropriate departments. Once this information is compiled the review comments and recommendation will be forwarded to the applicant. If no further information is required and the review recommendation is approval of the project, the applicant will be provided with a notice to proceed. 3. All requirements of all federal, state and local law shall be followed, including, but not limited to the Land Development Code and Building Code. 4. Applications for incentives will be denied if the City finds that the application was filed after the commencement of construction, alteration or installation of improvements related to the proposed development or redevelopment. 5. The builder will pay for the fees to be rebated at the time they are due. Once the closing on the house for which the fees to be rebated has occurred, the builder must submit a Neighborhood Enhancement Program Request for Reimbursement form and the settlement statement from the closing. The settlement statement must show that the sales price was at or below the established price point. The reimbursement request form and required documentation must be submitted within 30 days of the closing date as shown on the settlement statement. 6. Following review of the settlement statement, the City will issue the applicable rebates for projects that comply with the program terms. Approval of Incentives by City Council 1. If the City Council determines that it is in the best interest of the City of San Marcos to provide incentives to a particular applicant, a resolution shall be adopted approving the terms and conditions of a development incentive agreement with the applicant which will enumerate the types of incentives to be provided and the Housing Infill Development Incentives Policy 5