“We have a real urgency for affordable housing, and we can’t just keep putting it off,” Councilwoman Lisa Morzel said. “Development should not be expected to create all of the funds that will generate affordable housing revenue, but they need to pay for some of it, and right now, $9 … is woefully inadequate. $12 is woefully inadequate and $15, I think, is woefully inadequate.”
Morzel sought a $30 fee, but could not get enough support. Mayor Pro Tem Mary Young also couldn’t get enough votes for her motion — a $35 fee.
Ultimately, six of the nine council members supported the $12 fee, which is $3 short of what city staff had recommended all along.
Some had argued that setting the fee above $12 would disadvantage small businesses and hurt the local economy.
“We strongly object to a linkage fee that would be more than” $12, said John Tayer, CEO of the Boulder Chamber, “and that’s because we know that … there are direct pass-throughs from the developers down to the small store owners.”
I wanted to let everyone know about the Boulder Valley Real Estate Conference on Tuesday, November 15th where Leslie Durgin and Lou Del A Cava will be discussing the affordable housing linkage fees. You can get information at http://events.bizwest.com/events/boulder-valley-real-estate-conference/ There is a fee for the conference and I think sign-up ends tonight. I think you can also get continuing education credits for attending the conference and that may be an additional $15 dollars. I think this conference would be very interesting to attend and get information from concerning development in the Boulder Valley.
In it, they basically sell out the residents and taxpayers of Boulder in favor of their respective special interest groups – claiming a “reasonable compromise” was reached. One problem with their approach is that the biggest stakeholder in this discussion – the citizens of Boulder – did not have a seat at the table. Continue reading “Selling out Boulder’s taxpayers”
Chris Meschuk, the City staff person who is coordinating the update of the City’s impact fees, and Steve Pomerance, former City council member and citizen expert on the costs of growth, discussed the City’s process to update its impact fees related to general fund services like libraries, parks and rec, police and fire, as well as the charges on new development for critical areas of transportation and affordable housing.…