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HomeMy WebLinkAboutPermit Fee Waiver Issue Paper.pdfDEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT M E M O R A N D U M DATE:June 7, 2018 TO:Ed Prince, Council President Members of Renton City Council VIA:Denis Law, Mayor FROM:C.E. “Chip” Vincent, CED Administrator x6588 STAFF CONTACT:Jill Ding, Senior Planner x6598 SUBJECT:Fee Waiver Request – Sunset Mixed Use ISSUE: Should the City waive certain development and mitigation fees for the Sunset Mixed- Use development project? RECOMMENDATION: Approve a 50-percent waver of the eligible development and mitigation fees as provided in Renton Municipal Code (RMC) 4-1-210C4 for the Sunset Mixed Use development. BACKGROUND SUMMARY: Sunset Premier has requested a waiver of development and mitigation fees for the Sunset Mixed-Use development. This project includes 35 market rate apartment units and 5,000 square feet of office/retail space located at 1409 Monroe Ave NE in the Sunset Area. The subject property is 0.52 acres and located within the Center Village (CV) zoning designation. The “Waived Fees – Rental Housing Incentive,” RMC 4-1-210C was adopted on August 1, 2011 with the purpose of encouraging new rental housing in the CV, RMF, and R-14 zones within the Sunset Area. As such, Sunset Preimier has requested that 50-percent of the following permit fees, impact mitigation fees, and system development charges be waived for the Sunset Mixed-Use development project: • Building permit and plan review fees; • Public Works plan and inspection fees; • Fire, Transportation, and Parks mitigation impact fees; and • Water, Surface Water, and Wastewater system development charges. Ed Prince, Council President Page 2 of 3 June 7, 2018 i:\2005\12\memos\ajs\standardmemo.doc The estimated total fees requested to be waived for the Sunset Mixed-Use development project are $193,249. If approved, these waived fees would represent an estimated savings of $5,521.40 per housing unit for Sunset Premier. Per RMC 4-1-210C.5, a fee waiver request for an eligible project must be made prior or by the administrative site plan review period unless otherwise approved by the City Council. The applicant requested the fee waiver on October 9, 2017 prior to the issuance of the site plan review decision, which was issued on May 25, 2018 and therefore meets the application process criteria. CONCLUSION: The Sunset Mixed-Use project, a new 35-unit market rate housing development, meets the criteria for the waived fees referenced above as provided for in RMC 4-1-210C.4. The fee waiver will support the City’s ongoing redevelopment efforts in the Sunset Area. Ed Prince, Council President Page 3 of 3 June 7, 2018 i:\2005\12\memos\ajs\standardmemo.doc