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2 <br /> 1 <br /> 2 Wayne Hadler said he is the attorney for the Grove Park project, which was approved by <br /> 3 the Town of Chapel Hill as a modification of a Special Use Permit (SUP) in December 2015. He <br /> 4 said the owner, A.P. Segar and Project Engineer, Philip Post,join him this evening. He <br /> 5 reviewed the information contained in the following email: <br /> 6 <br /> 7 Date: February 9, 2017 <br /> 8 To: Chairman Dorosin and the Orange County Board of Commissioners (via email) <br /> 9 From: A.P. Segar, Townhouse Apartments <br /> 10 RE: Grove Park: Request for Adjustment to Resolution Regarding Grandfathering of <br /> 11 Projects for School Impact Fee Collection Purposes <br /> 12 Please consider this request for a minor amendment to the adopted resolution regarding <br /> 13 grandfathering of projects for school impact fee collection purposes. I intend to present this <br /> 14 petition in person at the February 21, 2017 meeting. <br /> 15 <br /> 16 My family owns the existing Town House Apartments, a college-student apartment complex, <br /> 17 which has been preparing for a major renovation/expansion over the last 10 years. We are now <br /> 18 one month away from submitting a Zoning Compliance Permit application to Chapel Hill. Our <br /> 19 unique circumstances were not taken into account when you considered grandfathering of <br /> 20 projects at your December meeting. <br /> 21 <br /> 22 Our situation is unique: <br /> 23 • We have a 50+ year track record of not producing any school-age children, as our <br /> 24 product caters to college students. <br /> 25 • We have been diligently working on our expansion project, obtaining a Special Use <br /> 26 Permit and Special Use Permit Modification in 2009 and 2015. <br /> 27 • Our Zoning Compliance Permit application will be submitted in February, but we have <br /> 28 completed many of the typical final plan requirements. These include: receiving <br /> 29 administrative approval of Minor Changes as we prepare our final plan application, <br /> 30 receiving approval of our detailed building elevations and lighting plan from the Chapel <br /> 31 Hill Community Design Commission, and receiving our Certificates of Adequacy of <br /> 32 Public Schools (CAPS)from CHCCS. <br /> 33 • We cannot absorb an unanticipated $1.2 million increase in the school impact fee. <br /> 34 • If this project does not move forward, a property tax loss exceeding $625,000/year will <br /> 35 result. <br /> 36 • We are providing an affordable housing offering to Chapel Hill with an estimated value <br /> 37 of$4 million over a 25-year period. <br /> 38 <br /> 39 To keep this project alive, we propose a minor adjustment to the resolution adopted last month <br /> 40 regarding grandfathering of projects for school impact fee collection purposes. The proposed <br /> 41 language is provided below as well as a more detailed history of how vested we are in this <br /> 42 development expansion. <br /> 43 <br /> 44 Thank you for your consideration. We believe the tax base generated by the expansion of our <br /> 45 apartment complex and the associated affordable housing offering warrants consideration of <br /> 46 this minor adjustment to the grandfathering provisions. <br /> 47 <br /> 48 Proposed Additional Language for Grandfathering Resolution <br /> 49 BE IT FURTHER ORDAINED THAT projects of 90-units in size or greater for which Detailed <br /> 50 Building Elevations and Lighting Plan have been approved by the Town's Design <br />