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<br />REQ9T FOR CITY COUNCIL AG_DA ITEM <br /> <br />Agenda Date Requested: AU2Ust 26. 2002 <br /> <br />Appropriation <br /> <br />Requested By: Dou2 Kneupper ~ <br />Department: Plannin2 <br /> <br />Source of Funds: <br /> <br />Budgeted Item: <br /> <br />N/A <br />N/A <br />N/A <br />N/A <br />NO <br /> <br />Account Number: <br /> <br />Report: _Resolution: ..K.- Ordinance: _ <br /> <br />Amount Budgeted: <br /> <br />Exhibits: <br /> <br />Resolution <br /> <br />Amount Requested: <br /> <br />YES <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />On February 11, 2002, City Council passed Resolution #2002-20 placing a ISO-day moratorium on new <br />construction of mid to high density residential development for the purpose of reviewing current regulations and <br />possibly adopting new regulations. At the Council's July Sth meeting, the moratorium was extended for 60 days <br />setting an expiration date of September 6, 2002. The expiration occurs three days prior to the September 9th <br />City Council meeting. <br /> <br />Preparation of the formal Ordinance incorporating Council's modifications will not be finalized prior to the <br />August 26th Council meeting. Therefore, staff is recommending extending the moratorium for an additional 60 <br />days. This would establish a new moratorium expiration date of October 24, 2002 and provide sufficient time <br />for the City Attorney to review the formal document. This will also allow Council to conduct the required <br />Public Hearing. <br /> <br />Action Reauired bv Council: <br /> <br />1. Consider adopting a Resolution extending the moratorium on mid to high density residential <br />development for an additional 60 days. <br /> <br />Approved for City Council Aeenda <br /> <br /> <br />B;; :< 1:):< <br />Date I I <br />