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HomeMy WebLinkAboutORD 5095Amends ORD 4913 Amended by Ord:5153 CITY OF RENTON,WASHINGTON ORDINANCE NO.5095 AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON, AMENDING SECTION 4-1-210,WAIVED FEES,OF CHAPTER 1, ADMINISTRATION AND ENFORCEMENT,OF TITLE IV (DEVELOPMENT REGULATIONS)OF ORDINANCE NO.4260 ENTITLED "CODE OF GENERAL ORDINANCES OF THE CITY OF RENTON,WASHINGTON"BY EXTENDING AND MODIFYING THE WAIVER OF CERTAIN DEVELOPMENT AND MITIGATION FEES. WHEREAS,the Renton City Council approved Ordinance No.4913 on August 27, 2001,to allow certain development and mitigation fees for "For Sale"housing to be waived to encourage owner-occupied housing in the CD and RM-U zones;and WHEREAS,these development and mitigation fees waivers are effective for building permits issued after August 13,2001,and will sunset on October 1,2004,unless extended by City Council action;and WHEREAS,the provisions of Section 4-1-210,Waived Fees,were useful in helping to establish the 37-unit 55 Williams project as the first significant owner-occupied housing development in downtown Renton in many years;and WHEREAS,the Renton City Council desires to continue to encourage additional owner- occupied housing in the CD and RM-U zones and thereby extend the development and mitigation fee waivers for an additional three years unless further extended by Renton City Council action;and WHEREAS,the Renton City Council desires to modify the eligibility for the development and mitigation fee waivers to clarify that the waivers apply to multi-family housing projects with a minimum of four dwelling units;and 1 ORDINANCE NO.5095 WHEREAS,the Renton City Council desires to modify the process for approving development and mitigation fee waivers for eligible projects;and WHEREAS,the Renton City Council desires to clarify that the waived impact mitigation fees for eligible projects will be replenished from tax revenues from the projects over time; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DO ORDAIN AS FOLLOWS: SECTION I.Section 4-1-210,Waived Fees,of Chapter 1,Administration and Enforcement,of Title IV (Development Regulations)of Ordinance No.4260 entitled "Code of General Ordinances ofthe City of Renton,Washington"is hereby amended to read as follows: WAIVED FEES: To encourage owner-occupied housing in the CD and RM-U zones,certain development and mitigation fees for ''For Sale"housing may be waived for eligible projects,subject to City Council approval.Fees which may be waived include building permit fees,utility system development charges,Public Works plan review and inspection fees,and impact mitigation fees. Waived impact mitigation fees will be replenished from tax revenues from the projects over time.The fee waivers apply to multi-family housing projects with four (4)or more dwelling units each in the CD or RM-U zones.These fee waivers are effective for building permits issued after September 30,2004,and will sunset on October 1,2007,unless extended by City Council action. SECTION II.This ordinance shall be effective upon its passage,approval,and five (5)days after its publication. 2 ORDINANCE NO.5095 PASSEDBYTHECITYCOUNCILthis 13th dayof September Bonnie I.Walton,City Clerk ,2004. APPROVED BY THE MAYOR this 13 th day of__S_e-=-p_t..,....em_b_e_r ,2004. Approved as to form: Date of Publication:9/17/2004 (summary) ORD.1129:8/20/04:ma 3