pages: PlanningBoard/2009-03-23.pdf, 8
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PlanningBoard | 2009-03-23 | 8 | Vice President Ezzy Ashcraft stated that the projects will need to come to the Planning Board prior to approval at which time these concerns can be addressed. Staff stated that the Planning Board or City Council will still have discretion to deny a concession or incentive on a project if they feel is not necessary. Board member Autorino voiced his concern over reducing the affordable income requirement from 25% to 15% in the redevelopment areas stating that it will reduce the amount of affordable housing yet increase the density. Staff stated that the redevelopment areas are going to be denser by nature. President Kohlstrand stated that if you leave the requirement at 25% then you are only increasing the cost of the market rate housing to cover the increased amount of affordable housing. Vice President Ezzy Ashcraft agrees and is concerned that the 25% requirement could scare developers away and make many projects unfeasible. Board member Cook feels that it is a good idea to put caps on the concessions. She also asked about the scenario when two lots are purchased next to each other. Staff responded that the property owners could combine the lots to make a larger site to allow a multi-family project and as long as all of the other requirements are met they can request the project be considered for the density bonus. President Kohlstrand stated that she doe not feel that it is beneficial to put caps on the concessions because it could limit the flexibility the City has to negotiate. Board member Cook suggested staff look at what other Cities are doing. Staff stated that you can place caps on the concessions but when it comes down to it if the developer really needs the concession they will argue for it whether it is capped or not, unless there is something specific in the State law allowing for a cap. Board member Lynch stated that he wants to give the Planning staff as much flexibility as possible to negotiate the best project. Board member Cook is concerned that there is not more opposition to reducing the inclusionary affordable housing requirement from 25% to 15%. Board member Lynch stated that many cities are waiving the inclusionary requirements due to the large amount of affordable housing units available in these economic times. Board member Autorino moved/Vice President Ezzy Ashcraft seconded the motion to approve the staff recommended Density Bonus Ordinance including Page 8 of 12 | PlanningBoard/2009-03-23.pdf |