Form revised December 9, 2004

FISCAL NOTE FOR NON-CAPITAL PROJECTS

Department:	Contact Person/Phone:	DOF Analyst/Phone:
Legislative	Ketil Freeman 4-8178	NA

Legislation Title:

AN ORDINANCE relating to land use and zoning; amending Seattle Municipal Code Sections 23.34.079 and 23.47.012; and amending Chapter 23.32 of the Seattle Municipal Code at Plats 36E, page 103, and 40E, page 111, of the Official Land Use Map to rezone areas within the Capitol Hill Urban Center Village from Lowrise 3 (L3), Lowrise 3/Residential Commercial (L3/RC), Midrise (MR), Midrise/Residential Commercial (MR/RC), and Neighborhood Commercial 3 with a 40’ height limit (NC 3 40’) to Neighborhood Commercial 3/Residential with a 40’ height limit (NC 3/R 40’).

· Summary of the Legislation:

This legislation rezones parcels primarily adjacent to Broadway within the Capital Hill Urban Center. The legislation generally raises the height limit of the underlying zone on the west side of Broadway and resolves many split zone situation. Parcels proposed to be rezoned are located generally between East Roy Street to the north and East Pine Street to the south.

· Background:

The proposed rezone is a portion of a larger piece of legislation advanced by the Executive to make changes to development regulations in the Capital Hill Urban Center. Other aspects of the Executive’s proposal have been severed and are being considered as parts of separate legislation. The purpose of the proposed rezone is to facilitate redevelopment of underutilized parcels adjacent to Broadway and, thus, to revitalize the Broadway streetscape. Related legislation includes Resolution 30774.

· 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.)