The Shoreline Planning Commission held its regular meeting on June 1, 2023, to study a proposed Transfer of Development Rights (TDR) program. The meeting included approval of routine items and a detailed discussion on the TDR code amendment, which is intended to generate revenue for public amenities and support regional climate goals. No public comments were received. The commission debated potential impacts, incentives, and options for recommending the program to the City Council.
Okay. Recording in progress. Good evening. I'd like to call to order the June 1st, 2023 Planning Commission regular meeting. We'll start with roll call, Ms. Hoxman. Commissioner Brinson. Here. Commissioner Callahan. Here. Commissioner Galusca. Present. Commissioner Lynn. Here. Vice Chair Wama Shonja? Present. And Chair Sager? Here. Thank you. Oh, how did I miss you? Oh, hey, Commissioner Mosier. Yeah. Thank you. Thank you. Next item is approval of the agenda. Does anybody wish to make any changes to the agenda? No. Great. Approval of the minutes from May 18th, 2023. Does anybody have anything they want to amend with the amendments? No. Thank you. That brings us to general public comment. Ms. Hoaxman, is there anybody signed up for general public comment tonight? We have no uh public comment this evening. Very well, thank you. All right, that brings us to our study item transfer of development rights program development code amendment. All right, thank you, Steve Saffron, Senior Planner. And I'm back to kind of follow up what we spoke about a couple weeks ago about uh a potential TDR program. So uh quickly going over uh what it is, it's uh unit of development that's saved in the uh or uh placed in the urban area while saving those uh developments in um our rural farm and forest lands and um why are we doing this? Um well really uh we've had comprehensive plan policies in uh the city's comprehensive plan since the incorporation of the city that spoke in some way to establishing and supporting the state's uh transfer and development development rights program, which um furthers the regional climate goals. Uh the timing of light rail could lend itself to actually taking um advantage of the program. Um it does uh help the city fund those public amenities that additional density brings into the city. So the TDR program is really simply a set of development code regulations that encourage the sale of uh the TDRs. Um this is typically done through incentives. Um the uh the counties uh establish uh price for those TDRs to save those farm and um forest lands, and then that allows the city to uh keep a portion of the King County taxes that we may use for things street uh frontage infrastructure, um it was expanded to potentially fund affordable housing and other things that the city needs for this additional density that comes in. So the um the proposal is to allow TDRs and these incentives to imply in these areas outlined in the map. So really it's the within these designations, the R48 neighborhood business, community business, um, and the um 45 and 70 zones. Um the height incentives are are proposed in the zones on your screen, um R48, neighborhood business and community business potentially going up to 70 feet, um, and the MUR70 potentially going to 140 feet with the sale of TDRs.