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PO Box 20646 Boulder, CO 80308 Ph: 720-222-9602 Email: info@bouldertomorrow.com
Web: www.BoulderTomorrow.com Twitter: @bouldertomorrow
The Best Business Ideas Shaping Boulder's Future
March 17, 2015
To: BoulderCityCouncil
Re: Proposed Linkage FeesforAffordable Housing
Dear BoulderCityCouncilors,
I understandyouare feelinganurgencytoaddresspotential communityimpacts borme of commercial
development, howeverIaskyouto considera slightlylongerwindow beforeimplementing the
proposed July6 implementationdate forthe affordablehousinglinkage fee. We especiallyfindthe
conceptsinthe detail sharedbyCouncilorMary Youngregardingthe deferredpaymentsbasedonmore
real-world,real-time impactsof commercial development.
As I mentionedbefore, I've heardnumerouscommercialpropertyowners'concerns - particularlythose
who've recentlyclosedon property purchaseswithplanstodevelopbuildingswell within"regular"
regulations(noheightexemptionorspecial requests) - thatreflecthow the proposedlinkage feeswould
add expensethatwasnot ontheirradar. Some plansmay notbe movingforward andotherwise this
ultimatelyimpactstenancylease ratesforthe entire spectrumof Boulder'sbusinesses. Plus,these costs
are inadditionto2015's waterrate increases, proposedmandatoryrecyclingandcompostingrules (not
debatingthis – butit isan additional expense) andthere isaprocessunderwaytoconsiderincreased
parkingratesin partsof the city.
As a project’saffordablehousingdemandsdonotoccur whenabuildingpermitisappliedfor(orother
similarplansare submitted) itisreasonable tocorrelate the timingof anysuchfeeswiththe need.
Wouldyou considerbumpingthisimplementationdate until November,Decemberoreven January
2016? In addition,aphasingof the fee overtime wouldbe quite reasonable. Thiswouldgive current
designplans &recentpropertyownerstime toeithersubmitdevelopmentplansorotherwise assessthe
financial impactsthisnewfee will have.
We're not arguingthe meritof the linkage fee,howeverthe quickimplementationoutsideof abroader
or more complete housingandcommunitybenefitconversationmakesthisseemlike more of bluntanti-
developmentstepthanitneedstobe.
Thanksfor consideringtheseideas,
Dan Powers
ExecutiveDirector
BoulderTomorrow
720-222-9602
PO Box 20646 Boulder, CO 80308 Ph: 720-222-9602 Email: info@bouldertomorrow.com
Web: www.BoulderTomorrow.com Twitter: @bouldertomorrow
dan@bouldertomorrow.com
About Boulder Tomorrow: We are a 15-yr old, non-profit organization providing research, policy statements and
events highlighting the positive impacts of Boulder's businesses and how our members are shaping what Boulder will
look like Tomorrow. Read more at www.BoulderTomorrow.com.

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03.17.15 Linkage Fee statement

  • 1. PO Box 20646 Boulder, CO 80308 Ph: 720-222-9602 Email: info@bouldertomorrow.com Web: www.BoulderTomorrow.com Twitter: @bouldertomorrow The Best Business Ideas Shaping Boulder's Future March 17, 2015 To: BoulderCityCouncil Re: Proposed Linkage FeesforAffordable Housing Dear BoulderCityCouncilors, I understandyouare feelinganurgencytoaddresspotential communityimpacts borme of commercial development, howeverIaskyouto considera slightlylongerwindow beforeimplementing the proposed July6 implementationdate forthe affordablehousinglinkage fee. We especiallyfindthe conceptsinthe detail sharedbyCouncilorMary Youngregardingthe deferredpaymentsbasedonmore real-world,real-time impactsof commercial development. As I mentionedbefore, I've heardnumerouscommercialpropertyowners'concerns - particularlythose who've recentlyclosedon property purchaseswithplanstodevelopbuildingswell within"regular" regulations(noheightexemptionorspecial requests) - thatreflecthow the proposedlinkage feeswould add expensethatwasnot ontheirradar. Some plansmay notbe movingforward andotherwise this ultimatelyimpactstenancylease ratesforthe entire spectrumof Boulder'sbusinesses. Plus,these costs are inadditionto2015's waterrate increases, proposedmandatoryrecyclingandcompostingrules (not debatingthis – butit isan additional expense) andthere isaprocessunderwaytoconsiderincreased parkingratesin partsof the city. As a project’saffordablehousingdemandsdonotoccur whenabuildingpermitisappliedfor(orother similarplansare submitted) itisreasonable tocorrelate the timingof anysuchfeeswiththe need. Wouldyou considerbumpingthisimplementationdate until November,Decemberoreven January 2016? In addition,aphasingof the fee overtime wouldbe quite reasonable. Thiswouldgive current designplans &recentpropertyownerstime toeithersubmitdevelopmentplansorotherwise assessthe financial impactsthisnewfee will have. We're not arguingthe meritof the linkage fee,howeverthe quickimplementationoutsideof abroader or more complete housingandcommunitybenefitconversationmakesthisseemlike more of bluntanti- developmentstepthanitneedstobe. Thanksfor consideringtheseideas, Dan Powers ExecutiveDirector BoulderTomorrow 720-222-9602
  • 2. PO Box 20646 Boulder, CO 80308 Ph: 720-222-9602 Email: info@bouldertomorrow.com Web: www.BoulderTomorrow.com Twitter: @bouldertomorrow dan@bouldertomorrow.com About Boulder Tomorrow: We are a 15-yr old, non-profit organization providing research, policy statements and events highlighting the positive impacts of Boulder's businesses and how our members are shaping what Boulder will look like Tomorrow. Read more at www.BoulderTomorrow.com.