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Scenario B: EDD expansion modification proceed with EDD joint land use/rezoning amendment <br />1) Approve advertisement for Public Hearing date November 1, 2000 <br />2} Publish ad on November 13 and 20, 2000 <br />3) Hold Public Hearing November 27, 2000 <br />4) Refer to Planning Board December 6, 2000 <br />5) BOCC adoption first BOCC meeting in January 2001 <br />Scenario C: MORATORIA ASAP <br />1) Approved advertisement for June 20, 2000 Public Hearing <br />2) Published ad on June 9 and 16, 2000 <br />3) Changed Budget work session scheduled for Tuesday, June 20, 2000 to include a public hearing. <br />~1) Refer to Planning Board Special Meeting June 21, 2000 <br />5) BOCC adoption June 29, 2000 <br />Analysis of scenarios: <br />Scenario C is the fastest track of moratorium. The Ordinance of Moratorium effective July 5. <br />Scenario B time frame could be used to implement the actual EDD changes. <br />Implications of a Moratorium <br />Pros - <br />• Temporarily defers development until comprehensive regulations are developed <br />• Permits time to develop intergovernmental coordination mechanisms between the Town of Hillsborough <br />and Orange County <br />• Prevents a precedent setting project that disrupts an overall development pattern goal which is in progress <br />• Provides an important opportunity to evaluate new and modified regulations to ensure they are logical and <br />feasible from both a public and private sector standard <br />• Permits additional time for dialogue between existing development and property owners and future <br />developers to synchronize the vision for an area with the help of recent long range planning efforts in <br />Hillsborough and Orange County <br />Cons - <br />Could potentially delay a `good' project that voluntarily exceeds existing EDD regulations <br />Creates a temporary communication barrier between property owners and government from <br />misunderstanding of moratorium purpose <br />Delays potential new construction that could enhance the non-residential tax base <br />FINANCIAL IMPACT: None at this time. <br />PLANNING BOARD RECOMMENDATION(S) -JUNE 21, 2000: Approved unanimously. <br />RECOMMENDATION(S): Administration recommends approval of the Resolution adapting the <br />Ordinance. <br />