2014/10/22 Council Agenda Packet

5 9. Amending provisions of the Zoning code and the Multifamily Housing Tax Exemption to allow the proposed off -site parking for the Project would allow the Project to proceed. Staff proposes that the proposed use and the related Zoning Code issues and parking requirement of Property Tax Exemption provisions be reviewed on a very limited basis as a pilot project specifically for the Footprint student housing proposal; 10. Staff proposes that this proposal be treated as a pilot project to evaluate this unique student micro -housing use in the central business district as well as other micro -housing opportunities including the adequacy of parking within the TLC parking garage, and to monitor tenant parking utilization in the vicinity of the subject property of both on -street and off-street parking resources; 11. Staff proposes a parking ratio of one off-street parking space per student room in the Footprint building as the initial parking requirement, to be monitored after the building approaches full occupancy; 12. One off-street parking space per dwelling unit is required for multiple family dwellings in the B-3 zone, regardless of the number of bedrooms or residents in each dwelling; 13. Staff believes that the ratio of one off-street parking space will probably exceed the actual need and demand for parking generated by the student housing, bit is taking a conservative approach with the pilot project to minimize the impact of parking for student housing in the Project pending a subsequent review of parking utilization; 14. Staff proposes that if the utilization of off-street parking in the TLC garage ultimately demonstrates a lower demand than one space per student room along with only minimal impact in the supply of on -street parking in the vicinity of the Footprint building, then the amount of required off-street parking in the TLC garage may be reduced administratively based on the actual documented utilization; 15. The Planning Commission was concerned about the possible impact student housing parking might have on the availability of on -street parking and supported this pilot project, provided adequate off-street parking is provided by Footprint under any circumstance; 16. Colleges are a permitted use in the B-3 zone, and TLC is established and is growing its enrollment in its downtown campus; 17. There are several relevant comprehensive plan policies that support the development of high density housing in the Central Business District; 18. The comprehensive plan has transportation mode split targets for downtown that favor a higher proportion of travel by pedestrian, transit and bicycle modes, and a lower proportion of trips by automobile; 19. The Planning Commission held a public hearing on February 18, 2014, at which the Commission voted to support. the Code amendment as a pilot project; And, WHEREAS, the. City Council concludes the following: 7 21