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File #: ID-197-17    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 4/24/2017 In control: City Council
On agenda: 5/2/2017 Final action:
Title: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO TAKING ACTION UPON AN APPLICATION FOR AFFORDABLE HOUSING ASSISTANCE FOR THE WINDMILL RANCH APARTMENTS PROJECT SUBMITTED BY THE BRIGHTON HOUSING AUTHORITY PURSUANT TO SECTIONS 3-5-50, 3-5-60 AND 3-5-70 OF THE BRIGHTON MUNICIPAL CODE AND APPROVING THE REDUCTION OR SUBSIDY OF DEVELOPMENT IMPACT FEES AND USE TAX ACCORDINGLY
Attachments: 1. amended CC Reso Approving Reduction of Fees -Clean FINAL
Body
Department of Community Development
Reference: Windmill Ranch Apartments - Affordable Housing Assistance

To: Mayor Richard N. McLean and Members of City Council
Through: Clint Blackhurst, Interim City Manager
Marv Falconburg, AICP, Assistant City Manager for Development
Holly Prather, AICP, Community Development Director
Prepared By: Lauren Simmons, AICP, Senior Planner
Date Presented: May 2, 2017
PURPOSE
To review and consider for approval by Resolution, Affordable Housing Assistance for the Brighton Housing Authority (BHA) Windmill Ranch Apartments. The Windmill Ranch Apartments project is a new 96-unit multi-family apartment complex next to Solaire Apartments in the Sorrento Subdivision off 8th Avenue and Bromley Lane.

SUMMARY
The Windmill Ranch Apartments project is a total of 96 units with a mixture of units for various levels of percent of Area Median Income (AMI).
%AMI
Number of Units
30%
15
40%
12
50%
32
60%
37

96


The applicant has addressed all of the issues associated with a request for affordable housing assistance as required by City of Brighton regulations, and is in compliance with the adopted Attainable Housing Matrix. A copy of the Estimated Development Impact Fee Schedule is also attached for City Council action prior to consideration of the Affordable Housing Agreement. The developer will pay full fees for building permits and plan check fees. According to the fee waivers that are available under the Municipal Code (at the discretion of the City Council), the applicant is eligible to pay proportionately reduced fees (adjusted to the AMI %) for water. Fees that meet the criteria for full waiver include the use tax, park impact fees, crossing fees, and traffic impact fees.

CRITERIA BY WHICH COUNCIL MUST CONSIDER THE ITEM
This request should be reviewed for conformance with the City of Brighton's Municipal Code Section 3-5-10, et seq., and the Comprehensive Plan.

OPTIONS FOR COUNCIL'S CONSIDERATION
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