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6 <br /> To keep this project alive, we propose a minor adjustment to the resolution adopted last month <br /> regarding grandfathering of projects for school impact fee collection purposes. The proposed <br /> language is provided below as well as a more detailed history of how vested we are in this <br /> development expansion. <br /> Thank you for your consideration. We believe the tax base generated by the expansion of our <br /> apartment complex and the associated affordable housing offering warrants consideration of <br /> this minor adjustment to the grandfathering provisions. <br /> Proposed Additional Language for Grandfathering Resolution <br /> BE IT FURTHER ORDAINED THAT projects of 90-units in size or greater for which Detailed <br /> Building Elevations and Lighting Plan have been approved by the Town's Design <br /> Commission and Certificates of Adequacy of Public Schools (CAPS) have been issued <br /> prior to January 1, 2017,_and for which a building permit application has been submitted <br /> prior to January 31, 2019 may choose to pay either the public school impact fee that <br /> was in effect for 2016 for the housing type(s) proposed in the application or the fee <br /> required by the public school impact fee schedule in section 30-33 of Chapter 30, Article <br /> II of the Orange County Code of Ordinances, provided the fee is paid prior to December <br /> 31, 2020 and a Certificate of Compliance is issued on or before December 31, 2020. <br /> Detailed Background of Town House Apartments/Grove Park Development <br /> 1961 Construction began on the 111 dwelling units at Town House Apartments <br /> February, 2009 Chapel Hill Council approved rezoning and Special Use Permit for 346 units <br /> October, 2015 Chapel Hill Council approved a Special Use Permit Modification <br /> April, 2015 Certificates of Adequacy of Public Schools (CAPS) issued by CHCCS <br /> (Certificate#0071) <br /> June, 2016 Chapel Hill approval of minor changes to the 2015 Special Use Permit <br /> November, 2016 Chapel Hill approval of minor changes to the 2015 Special Use Permit <br /> Dec. 15, 2016 Chapel Hill Community Design Commission approval of ZCP Detailed <br /> Building Elevations and Lighting Plan <br /> February, 2017 Formal Zoning Compliance Permit submittal anticipated <br /> Since 1962, we have provided rental apartment units to college students at this Hillsborough <br /> Street location in Chapel Hill. We received approval from the Chapel Hill Town Council for a <br /> new residential project in 2009, which was then finely tuned with Town Council approval of a <br /> Special Use Permit Modification in 2015. We have been working diligently on our Zoning <br /> Compliance Permit (ZCP)/Final Plan submittal package since 2015. As we prepared detailed <br /> final plans, we have worked closely with the Chapel Hill staff and have received two <br /> administrative approvals for minor changes to the 2015 Special Use Permit. These changes <br /> were determined to be necessary as we fine-tuned our ZCP submittal for the town. We also <br /> had our detailed building elevations and lighting plan approved in December by the Town's <br /> 2 <br />