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Resolution No. 93-139 <br />Page Five <br /> <br /> For custom lots, assume Developer A has a custom lot <br /> subdivision of 50 units, and the Council initially <br /> allocated 25 to 1994 and 25 to 1995. If the developer <br /> does not complete the public improvements for the 25 lots <br /> in 1994, the developer mus% request a further <br /> reallocation. Council reallocates the 25 units to 1996 <br /> (rather than 1995 when the developer wanted it). If an <br /> "opening" occurs in 1995, the same rules as to preference <br /> will apply. <br /> <br />14. Custom lots, once the public improvements are completed, will <br /> not be subject to further developer reallocation, but custom <br /> lots will not be sold prior to the time the public <br /> improvements are completed. Custom lot development will be <br /> monitored by staff, and staff will use estimates of actual <br /> custom lot construction in the semi-annual analysis of <br /> projected building starts. Custom lots projected to start <br /> construction in a calendar year count toward the General Plan <br /> maximum. <br /> <br />15. As an incentive for developers to participate, Council will <br /> consider approving extensions of tentative maps, extensions of <br /> subdivision agreements, and/or PUD modifications. These may <br /> be processed concurrently with the initial reallocation of <br /> units. Such extensions and/or modifications will not be <br /> effective until the City reaches agreement with the developer <br /> concerning the reallocation. <br /> <br />16. Other aspects of the Growth Management Program Ordinance, as <br /> it existed on September 1, 1993, remain, including: <br /> <br /> a. lapsing provisions; <br /> b. fees; and <br /> c. exemptions <br /> <br />Section 2: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br /> <br />