HomeMy WebLinkAboutREDgrayph6From :Phil Gray[SMTP :PGRAY@MIDSTATE-CAL .COM ]
Sent :Monday, June 14, 2010 6 :06 :35 P M
To :Council, SloCity
Cc : John . Evans@CannonAssoc .Com ; onebluejeanne@gmail .co m
Subject :Residential Growth Managemen t
Auto forwarded by a Rul e
Honorable Councilpersons :
As owners of one of the parcels comprising the Orcutt Area, we want to encourage you t o
approve the Residential Growth Management Ordinance amendments as proposed i n
your Staff's report .
Much study and discussion has gone into the crafting of these amendments, so that th e
ordinance as revised will continue to honor the City's longstanding 1% annual growt h
limit, while allowing builders to deal with today's financial realities in paying fo r
necessary infrastructure .
The key to these amendments is best summarized in the Staff report :
The new policy language would allow unbuilt allocations to be carrie d
forward, creating a virtual "bank"from years in which residential growth was less tha n
1%. This
bank of units could help projects secure lending for larger residential projects and help
to pay fo r
the larger up-front infrastructure costs .
Thank you for your consideration . 614m LfCUNCIL9'EDD DI R
~Ctni /?W z- E FiN DI R
Phil Gray /)166a-FIRE CHIE FG]AORNEY f
PPW DI RDavid Gray LERK/ORIG 2-POLICE CH FJim Smith PT HEADS EC Ol f
~'GI "IL DI P
Mid-State Properties, LLC PI DI M
1320 Archer St .Axad r 5 ,eeuke(L.
San Luis Obispo, CA 93401 —Crt;l /2tc/e,
(805) 543-1500 ; Fax 543-1590; Cell 459-970 0
RECEIVE D
JUN 15 201 0
SLO CITY CLERK
RED FILE
—MEETING AGENDA
PEW//JD.ITEM #P1 6