A RESOLUTION TO CALLING A PUBLIC HEARING TO AMEND THE COMPREHENSIVE PLAN (2005-06-27/R-24.1b)

WHEREAS, on May 8, 2000, the Chapel Hill Town Council adopted a Comprehensive Plan with a policy to provide 15% affordable housing in each development of five or more residential units; and

WHEREAS, the Comprehensive Plan provides the option to developers of five or more residential units to contribute in-lieu fees; and

WHEREAS, the Council desires to modify the language of the Comprehensive Plan to  more clearly define the policy for making payments-in-lieu of providing affordable housing based on the cost of providing housing in the proposed development;

NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that the Council schedules a public hearing to consider amending the payment-in-lieu policy of the Comprehensive Plan on Monday, September 26, 2005 at 7:00 p.m. in the Council Chamber of Town Hall, 405 Martin Luther King Jr. Boulevard.

This the 27^th day of June, 2005.