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HomeMy WebLinkAbout041822cabs01 JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST TO: Board of County Commissioners Mark McCauley, County Administrator FROM: Brent Butler, DCD Director DATE: April 18, 2022 RE: DISCUSSION AND POTENTIAL ACTION re: Site Control of Caswell-Brown Village Phase 2A STATEMENT OF ISSUE: This agenda item represents the third consecutive opportunity for the Board of County Commissioners ("BoCC") to determine a pathway to enable the Olympic Community Action Programs ("OlyCAP") to achieve site control as a critical preliminary step for OlyCAP to obtain financing to develop further the site known as Caswell-Brown Village Phase 2A. On Thursday, April 14, 2022, Commissioner Brotherton joined County Administrator Mark McCauley and Department of Community Development("DCD") Director Butler in a brainstorming session to identify pros and cons and key areas for consideration spurred by the Board of County Commissioner's April 11, 2022 meeting on this topic. Land use planning provides multiple pathways forward. BACKGROUND OlyCAP identified their desire to obtaining financing from the Washington State Department of Commerce's Housing Trust Fund("HTF")which the Washington State Legislature funds through biennial appropriations in the capital budget. This is one of the available funding sources that include among others the Low-Income Housing Tax Credit(LIHTC). Lenders such as the HTF typically need assurances that the project proponent has site control. ANALYSIS: Three pathways were identified for site control, including: 1) Leasing the site to OlyCAP; 2) Leasing the site to OlyCAP with a right to purchase based on identified conditions (Lease/Purchase Option); 3) Selling the site to OlyCAP. Each of these options has pros and cons, which are summarized in Table 1. Table 1: PATHWAYS FORWARD FOR SITE CONTROL Leasing Lease/Purchase Option Purchase and Sale Agreement Pros Provides site control Provides site control Provides site control necessary for financing necessary for financing necessary for financing Enables consideration May enable consideration Decreased Liability of long-range planning of long-range planning issues outlined below issues outlined below Coordination with Port Coordination with Port Townsend Townsend Fiscal Planning Fiscal Planning Strategic Planning Capital Planning Mill Closure Planning Mill Closure Planning Sub-area/Master Planning Sub-area/Master Planning UGA Expansion Planning UGA Expansion Planning Cons Increased liability Increased liability during May preclude comprehensive Ownership phase planning Option 1 —Purchase and Sale/In conformance with base density As mentioned during the April 11, 2022 meeting, if the subject site is in conformance with the base zoning density, the County can proceed with a sale with only consideration of easements necessary to preserve access in light of the buffer required between the site and Highway 20. Option 2—Leasehold/Binding Site Plan—(RCW 58.17.035) If the subject site is less than the base zoning density, the County would need to process a permit application based on the tenure (rental or ownership). If the tenure were rental, the pathway forward could include a Binding Site Plan that envisions the County leasing the site to the applicant. This approach requires review in accordance with Chapter 18.35 of the Jefferson County Code ("JCC") and would be reviewed by the Hearing Examiner for final approval (Type III permit). Option 3—Lease Purchase Option/Boundary Line Adjustment (RCW 58.17.040) If the applicant must purchase the site and the desired remaining parcel size would be less than the base zoning density, the applicant would need to do either a boundary line adjustment with an adjacent parcel to achieve the minimum base zoning density. The property could then be sold after a lease period enabling a lease purchase option. Option 4—Lease Purchase Option or Lease - Sub Area Planning Alternatively, the County could complete a subarea plan that envisions a new zoning classification, which would enable a whole host of planning issues to be considered. As mentioned above, this comes with some cons, namely liability stemming from continued land ownership. FISCAL IMPACT: Staff will need to further evaluate the administrative effort of the above referenced options and provide commentary during the regularly scheduled meeting. RECOMMENDATION: Consider the options and the pros and cons with the purpose of identifying a pathway forward, and filling any gaps in the comprehensive list of issues so far identified. REVIEWED BY: CV Z Z" Mark McCa y, County Administrator Date