Item 1: Ordinance on MUPTE Boundary

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ATTACHMENT C MUPTE OBJECTIVE CRITERIA DRAFT 3.25.08 MINIMUM REQUIREMENTS a) Multi-family housing of five units or more b) Located inside the adopted boundary c) Documentation that the proposal, financially, could not be built “but for” the tax exemption. The applicant must submit documentation, including a pro-forma and an analysis of the projected rate of return, for the proposed project. This information will be reviewed by city staff and recommended by the City’s loan advisory committee. d) Documentation of effort to solicit comments from the neighborhood association. Developers need to make a demonstrated effort to contact the appropriate neighborhood association to share information and seek input. Neighborhood association support is not a requirement for MUPTE approval. Comments from the Neighborhood association, as well as other public comments, will be provided to the City Council. Applications must include either a) documentation of the attempt to solicit comments or b) the comments received from the neighborhood association. e) Documentation related to proximity of historic resources. PUBLIC BENEFIT CRITERIA 1. Density The MUPTE program is enabled by state legislation designed to encourage higher density housing and redevelopment in the core area and along mass transit corridors. Therefore, a criterion for approval of a specific application includes the degree to which minimum density is exceeded. Points: Tier 1 – 100 points -- Immediate MUPTE approval: Project is on a designated Opportunity Site (as indicated by opportunity siting process through City Council) Tier 2 – 50 points maximum: 10 points awarded for each unit in excess of the minimum required density. 2. Green Building Features and Quality of Building Materials