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TOWN OF TRUCKEE <br /> California <br /> RESOLUTION 2016-11 <br /> A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE <br /> TO CONTINUE THE TIERED IMPLEMENTATION OF THE <br /> WORKFORCE HOUSING REQUIREMENTS <br /> WHEREAS, the Town Council on February 5, 2009 adopted Ordinance 2008-09 <br /> establishing requirements for affordable housing on non-residential projects; and <br /> WHEREAS, the adopted ordinance was incorporated into the Town of Truckee <br /> Municipal Code, Title 18 as Development Code Chapter 18.216 (Workforce Housing); and <br /> WHEREAS, Section 18.216.010.D (Purpose and Intent) of the Development Code states <br /> that "it is intended for the Town Council to conduct an annual review of this Chapter and its <br /> implementation to consider whether amendments are necessary"; and <br /> WHEREAS, Section 18.216.020 (Administrative Guidelines and Procedures) of the <br /> Development Code states that "The Council shall be resolution adopt guidelines and procedures <br /> consistent with the terms contained in this Chapter, as the Council determines to be necessary <br /> or convenient for the implementation and administration of this Chapter; and <br /> WHEREAS, the Town Council on January 13, 2015 adopted Resolution 2015-02 to <br /> adopt the 2014-2019 Housing Element which encourages a variety of housing types and <br /> housing to meet the needs of its residents, particularly those who work in Truckee; and <br /> WHEREAS, Program H-1.2.4 of the 2014-2019 Housing Element requires the continued <br /> implementation of the Workforce Housing Ordinance and states, "Review annually the <br /> effectiveness of the Workforce Housing Ordinance and bonuses, concessions, and incentives <br /> and implement revisions as found appropriate"; and <br /> WHEREAS, the Town Council on January 7, 2010 approved implementation of the 2010 <br /> Economic Development Work Program to implement the Town's economic development <br /> activities; and <br /> WHEREAS, Action Item B.1 of the 2010 Economic Development Work Program is to <br /> "continue ongoing regulatory-based and opportunity-driven economic development and <br /> redevelopment efforts," noting that "the overall objective is to continue implementing activities <br /> that will support the Town's goals and priorities while reducing regulatory barriers when <br /> feasible"; and <br /> WHEREAS, research completed by Bay Area Economics on March 2, 2011 found that <br /> there are currently more market-rate rental and for-purchase housing opportunities in the <br /> Truckee region at prices that are considered to be affordable to median- and moderate-income <br /> households; and <br /> WHEREAS, based on this study and the desire for economic development during the <br /> recession, it was determined that the temporary suspension of the Workforce Housing <br />