City ordinance to assist developers
The city council Tuesday will consider an ordinance which will assist developers, land owners and business owners in the economic slowdown.
If approved by the council, the ordinance would grant a one year time extension to all Development Plan, Conditional Use Permit and Variance approvals which are due to expire on or before March 1, 2010.
During the Jan. 20 meeting, the City Council directed staff to review the impacts of the current recession on development and land use applications within the City and make recommendations that might assist developers, land owners and business owners through this economic slowdown.
In the report to the council, "the current slowdown in the economy, developers and land/business owners face the prospect of having their Development Plan, Conditional Use Permit and Variance approvals expire before they can obtain financing for their projects."
A total of 95 applications would be affected by the granting of a one-time, one (1) year time extension including 48 Development Plans, 39 Conditional Use Permits and 8 Variances.
-liset.marquez@inlandnewspapers.com




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Wow that just about sums everything up