At the Council Planning Retreat held on May 29, 2018, Council directed staff to draft an ordinance placing a temporary moratorium on the use of parking fee in lieu by developers if they are deficient on the required parking.   At the June 5, 2018 Council Meeting an emergency ordinance was approved placing the temporary moratorium effective until December 31, 2018.  At the December 18, 2018 meeting Council extended the moratorium until June 30, 2019. At the August 6, 2019 meeting Council extended the moratorium until February 29, 2020 and on March 17 Council extended the moratorium until September 30, 2020.

SUMMARY: At the parking retreat on June 9, 2020 Council directed staff to lift the moratorium for the submission, acceptance, processing or approval of any request for payment in lieu of deficient parking spaces. 

Spaces 1 through 3      $2,000 per space

Space 4 through 6        $5,000 per space

Space 7 through 9        $10,000 per space

Space 10 through 12    $15,000 per space

Space 13 through 15    $20,000 per space

Space 16 through 20    $35,000 per space

To accommodate these changes, there were required minor amendments to Chapter 16 “Zoning” which requires review and recommendation by the Planning and Zoning Commission prior to being approved by Town Council. A copy of the Ordinance with the subject Chapter 16 changes is found in Exhibit ‘A’ of the Resolution.

The Town Council has scheduled a public hearing on the ordinance for their regular meeting on July 7, 2020.