4910 S 4TH AVE 2016-01-01 MF Import

Finding: As proposed in the Wetland tiiitigation study, mitigation measures would include the folio�ving: • Wetland buffer enhancement (or the wetland on the abutting parcel to the north. • Bu(fer enhancement would include removal of blackberry plants and plantir�g of (ast-growing native plants, such as cedar, (ir, dogwood and red elderbsrry. Conclusion: Adequate mitigation of project impacts can be provided. III. ADDITIONAL FINDINGS ON TRANSFER OF DEVELOPMENT RIGHTS: If the Cily determines that a reasonable economic use of the lot or lots cannot be provided under Subseclions 37.050.8.3 of the Zoning Code, the City may authorize a trans(er of development rights (TDR). A TDR may only occur afler review of a reasonable use applicalion. TDR means that the Cily severs the development righls from lhe (ee interest and permits the owner of the restricted parly to either transfer an authorized nortion of the development rights in hat property to another lot owned by the r�stricted party, or to sell an authorized portion of the righls to owners oF land who can use such rights in accordance with Subsection 37.050.8.3 of tho 'Loning Code. Subsection 37.150.8.3 of the Zoning Code describes the process for implementation of TDRs. It is anticipated that Iha transfer Nrould be applied through the land use and environmental revie�v of a proposed development on ihe receivin� property. In lhis case the developmsnt credit for each of the (our parcels will be one credit, for a lolal of four (4) TDR credits. The credits will authorize construction of up to four dwelling unils eilher in the form oF single-family dwellings, or four units �vithin duplex, townhouse, or multifamily slructures). This credit may be used for a receiving property that meets the criteria in Eh1C Chapter 19.37.050.6.3. Please note that a formal land use decision must be issued for development of a receiving property and implementation of the TDR credits. This decieion does not constitute an approvai lo construct unils on any receiving properly. A TDR will resull in placement of an environmentally sensitive area covenant and deed restriclion on future use of the original praperry. IV. DECISION: The Planning Director hereby approves the requested reasonable use of parcel No. 3-027 and Transfer of Development rights for the ren�aining four lots fronlin9 on South 4'" StreeL The follo�ving conditions and limitations will apply: The TDR shall consist of four residential dwelling units (single-family, du?lex, lownhouse, or mulliple family) as permilted in Subseclion 39.150.6.3.c. 2. The TDR can oniy be implemented after review of a development proposal by the Gity. 3. Trans(er of TDR to di(ferent o�vnership — The TDR authorized by this decision may be transferred to a different owner as approved by the City in accordance with Subsection 37.050.B.3.c of the Zoning Code �� i;� 29301\'c1�um•c, Suitc 3-:\, I;�cretl, �1',\ 9S 0 �d S' (4:i) 257-373(, [�as (�125)?57-87d? �