Form revised December 9, 2004

FISCAL NOTE FOR NON-CAPITAL PROJECTS

Department:	Contact Person/Phone:	DOF Analyst/Phone:
Legislative	Rebecca Herzfeld—615-1674	Not Applicable

Legislation Title:

AN ORDINANCE relating to land use and zoning, amending Sections 23.30.010, 23.32.016, 23.34.126, 23.34.128, 23.41.004, 23.41.012, 23.42.106, 23.42.126, 23.42.128, 23.47.004, 23.47.012, 23.48.002, 23.48.008, 23.48.010, 23.48.012, 23.48.014, 23.48.016, 23.48.018, 23.48.024, 23.48.031, 23.48.032, 23.48.034, 23.53.010, 23.53.015, 23.53.030, 23.54.015, 23.54.020, 23.54.030, 23.55.030, 23.84.048, 25.05.675; adding a new Section 23.48.019; and amending the Official Land Use Map to rezone areas within and abutting the South Lake Union Urban Center from Commercial (C) and Neighborhood Commercial (NC) zones to the Seattle Mixed zone.

· Summary of the Legislation:

The legislation would rezone portions of South Lake Union and an adjacent area to promote housing as part of a mixed use neighborhood. Land Use Code amendments would update provisions to allow broader use of the Seattle Mixed (SM) zone and to apply the Design Review program in the central part of the neighborhood, currently zoned Industrial Commercial (IC).

· Background: The legislation would help achieve the City’s vision for South Lake union as a diverse mixed use neighborhood containing housing and jobs.

The proposed amendment that would require Design Review in the IC zone would potentially increase the number of design review applications received by the Department of Planning and Development (DPD). DPD estimates that 10 development proposals would occur in this 16-block area over the next 20 years that would require design review. This would represent one permit every other year on average. DPD gets between 80 and 120 such applications annually. DPD expects that the additional permit applications can be absorbed into the current and anticipated design review workload without impact. Because design review permits are completely supported by fee revenue, there would be no impact on the City’s general fund.

· Please check one of the following:

_X_ This legislation does not have any financial implications. (Stop here and delete the remainder of this document prior to saving and printing.)

____ This legislation has financial implications. (Please complete all relevant sections that follow.)

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