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(c) If no "trade" is available for a unit or units, those units shall be reallocated to the last year for
<br /> which the project has an allocation. (Subsequent year unused allocations shall also be added to
<br /> the last year for which the project has an allocation.) This automatic reallocation shall occur
<br /> only if the year to which the units are moving has available capacity in the major project
<br /> suballocation. If no capacity is available, the reallocation shall be made to the first available
<br /> year following the last year of the project's allocation. This reallocation shall be
<br /> nondiscretionary on the part of the council and shall be documented in a revised schedule in a
<br /> project's growth management agreement.
<br /> b2. For project developers seeking to move units from later years into the current year:
<br /> DI) Prior to September 1st of a given calendar year, a project's developer may request a
<br /> reallocation to the current year of some or all of its future years' allocations by filing an
<br /> application with the planning division,together with any fee which may be established.
<br /> (2b) The city shall coordinate the transfer of units for developers seeking to move forward to the
<br /> current year with the requested transfer of units to later years. To the extent not all requests to
<br /> move units forward can be accommodated, the city shall seek to prorate and/or coordinate the
<br /> "trades" in a manner satisfactory to all parties seeking to move forward and to future years.
<br /> Transfers shall be approved by the city council and shall take the form of amended growth
<br /> management agreements.
<br /> (3c) Units successfully transferred to the current year shall be treated in all ways as current year
<br /> allocations. Building permits may be secured from the date of approval until December 31st of
<br /> that calendar year and at any rate.
<br /> 3. Cho al4-amm;o ._-: e1 a,. eper�seek e m,e-t„e- m . first come, first servedr,abaaloca-ti on-w
<br /> tc may
<br /> :a ble, of Deee be.. i st of h,.deyelefle shat ...... , c.. a," n.mbe_ ,.f nits f r-wh.
<br /> be ava„an.�an��;r• any-year, �,.•,,. ....ic
<br /> - • .. :• December I st major pro .. . .. •r remaining°• •' '^
<br /> within the first-come, first served subalocation- "'^'"'^'• exceed the remainingturit,,.s- .n^�va ' o'^c
<br /> shall be issued eft apronb&As is a^ ecibe' ^• Section I7.36.080(CM2-(d) of this chapter. After
<br /> Dee-ember 'r`, •' ,this subsection shall be issued on a first coma, first served basis. In all
<br /> events, major-pr.jeels sh all be sub jes, t^ a" .ales governing mg i ssua; .f firs, eo,nerf-i«-s e .ea
<br /> itsvheu
<br /> they avail-themselves the anused first come,-first . •. ... . . • y-urt;ts issued to a major
<br /> project developer-pursuant to this subsec-tien:"
<br /> �.,Q.'-' be-subtr-etedom be final year of the major-project
<br /> develepera".,o^t en.
<br /> 4C. Developers who have current year units and do not request the units to be reallocated as of September 1st
<br /> and who subsequently do not obtain a building permit prior to January Ist of the following year, or where
<br /> building permits lapse pursuant to the provisions of the Uniform Building Code after December 31st of the
<br /> year of their allocation, shall lose their growth management approval for those units. No building permit
<br /> shall be issued for such units until a new application for growth management approval has been made and a
<br /> new approval granted by the city council following the procedures for major-projeet initial approvals.
<br /> E First Come, First Served-Projects.
<br /> I. A-first conic, first served project shall be issued a building permit, if available as described in Section
<br /> 17.36.0: - . - • .. era-The buid i. init ..:..ii be .o.e_ b. «tae applicable of he 1 lniforrn
<br /> tg-per �T �-rt,�a�.,�w t, ,�
<br /> Building Code.
<br /> 2. - In t;e e•�c�-.c.nt-a-bun' ^ ~• '^ ding permit lapses pursuant-to-the-provisions of the Uniform Building-Code;-`
<br /> may he e..it
<br /> T -. - the permit. The city council, at its discretion. may grant a-reinstatement
<br /> for a specified period of time or may require the fl ne permit a `jeet •''" " les ` - '
<br /> come, f i r s t .• .. . . . . - needed t . rea i ..-
<br /> its app -t^'tisan: ,-• . . .: . ..• e€the first come, first serve• ... . ' .
<br /> until the r . ,ice..:^a
<br /> 3. Sho l: .• - . •. - i laps^f^and-an r"T�,,,,atement;equest-denied)during.= h"eale=nndarr
<br /> year in which it . • , .' xA" of the first come, fin - . . • • ••and
<br /> may be is: -ed to-anon,••^'' e•'project 1lowever,-should ehn -bu.,oil'ing pe_._i to ea_ fa lowingthe year in
<br /> Quality Code Data 7/16/2010, Page 9
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