§ 25-6-103. TRANSPORTATION MITIGATION FOR S.M.A.R.T. HOUSING PROJECTS.

(A)

This section reduces traffic mitigation required for certain projects participating in the City's S.M.A.R.T. Housing program established under City Code Chapter 25-1, Article 15, Division 2 ( S.M.A.R.T. Housing ).

(B)

If a S.M.A.R.T. housing development does not require an impact analysis under Section 25-6-113 ( Traffic Impact Analysis Described ) or Section 25-6-114 ( Neighborhood Traffic Impact Analysis Described ), the maximum cost of system improvements that may be required under Section 25-6-101(B) ( Mitigation Of Transportation Impacts ) is reduced according to the following requirements:

(1)

If at least ten percent, but less than twenty percent, of the dwelling units are reasonably-priced, the maximum cost is reduced by the percentage of affordable units;

(2)

If at least twenty percent, but less than fifty percent, of the dwelling units are reasonably-priced, the maximum cost is reduced by fifty percent; and

(3)

If at least fifty percent of the dwelling units are reasonably-priced, no mitigation may be required.

Source: Ord. No. 20170302-077 , Pt. 6, 3-13-17.