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Communication 1097 <br /> <br /> Bi11342 <br /> <br /> Page 3 of 4 <br /> At the October 30, 2006 Planning Committee meeting, no public testimony was presented on this matter. <br /> Applicant's representative Sidney Fuke gave a brief presentation of the project, noting that applicant <br /> already provides much needed student housing and rental housing and that given the proximity of the <br /> project site to the University, the applicant wanted to construct a project geared towards students. <br /> Council Member Dr. Holschuh noted concern that Condition E imposed a 20-year limit of use for student <br /> rentals and the limits disturbed him as it seemed to be an unreal expectation of the landowner, especially <br /> should the University later provide dormitories on-site for its students. <br /> Mr. Fuke stated Dr. Takase's intention was that the project be a rental housing project as opposed to a fee <br /> simple condominium, however, he stated that limiting rentals to students may be somewhat problematic <br /> in the long term. Mr. Fuke said although it was applicant's initial goal to rent to students, if student rental <br /> population declines, it would limit applicant's ability to rent units to the general mazket. Therefore, Mr. <br /> Fuke stated that applicant wishes to delete the term "student" and make clear that this project is a rental <br /> housing project. <br /> Planning Director noted that Condition E was a condition imposed by the Planning Commission and not <br /> the Department and that he had no problem with Dr. Holschuh's suggestion of deleting "student." <br /> Additionally, Mr. Yuen suggested that the remaining language of Condition E, referring to "affordable <br /> housing and applicable laws" would not apply and should be deleted as well. <br /> A motion to amend Condition E of Bill 342 was made by Dr. Holschuh and seconded, to delete the word <br /> "student" and the remainder of the paragraph that refers to affordable housing and applicable laws. <br /> Amendments to Condition E, as noted above were approved. <br /> Council member Jacobson noted that condition G provides for curbs, gutters and sidewalks to be <br /> constructed within five (5) yeazs of issuance of a Certificate of Occupancy and questioned why this <br /> language was different from the standard provision that these improvements be completed prior to <br /> issuance of a Certificate of Occupancy. Director Yuen confirmed that the standard language is "prior to <br /> issuance of a Certificate of Occupancy" and had no explanation why Condition G refers to five years. <br /> Mr. Jacobson moved to amend Condition G to delete the words "within five yeazs of and replace it with <br /> "prior to" issuance of a Certificate of Occupancy. Amendment to Condition G as noted above was <br /> approved. <br /> Your Committee concurs with the Planning Commission and the Planning Director's favorable <br /> recommendation for approval of the Change of Zone request. <br /> <br />