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HomeMy WebLinkAbout1000-40.-3-1 OFFICE LOCA►.T'ION: MAI[LI;NG ADDRESS: : Town Hall Annex S P.O. Box 1179 4375 State Route 25 Ax Southold, NY 11971 ceor. Main ,d. fix:Youngs Ave.) Southold, NY Telephone: 631 765-1938 urww.southoldtownny.gov f 10UNV PLANNING BOARD OFF'I+CE TOWN OF SOUTHOLD MEMORANDUM To-, Scott A. Russell, Town Supervisor Members of the Town Board From: Donald J. Wilcenski, Chairman Members of the Planning Board Date: October 23, 2018 Re Request for Waiver of Park & Playground Fee Residential Site Plan for Vineyard View 62600 CR 48, ±1,600' nlelo Chapel Lane & CR 48, Greenport SCTM##1000-40.-3--1 Zoning District: Hamlet Density -- HD The Planning Beard has reviewed the request to waive the Park and Playground Fee in the amount of$343,000.00 for the Residential Site Plan for Vineyard View as established by the Planning Board pursuant to Town Code § 240-53. Reservation of parkland"on subdivision plats containing residential units. A partial waiver and deferment is supported by the Planning Board as follows: 1. The proposal is for 50 housing units that will remain "affordable" for a term of fifty years. After the fifty years, 25 units could transition to market rate rentals. To meet the purpose of the Town's affordable housing goals, it is recommended that the fee be waived for the 25 units that are to remain as "affordable" in perpetuity. This is consistent with the Town Code for the Affordable Housing District (AHD) Zoning District, where the Park and Playground fee is automatically waived as an incentive to lower development costs for affordable housing. This application, for the 25 units to remain affordable in perpetuity, meets or exceeds the affordability requirements of the AHD District. 2. For each of the 25 units that may transition to market rate after 50 years, the fee is recommended to be deferred for payment if and when they transition. Please contact the Planning Department with any questions., Cc: William Duffy, Town Attorney