Steamboat council, developers move annexation agreement toward finish line
STEAMBOAT SPRINGS — Developers and Steamboat Springs City Council found common ground on an annexation agreement that would lay the foundation for three neighborhoods in West Steamboat to be built and annexed into the city limits.
Council will review the final annexation agreement at its regular meeting on Tuesday, Sept. 18. Should the annexation agreement be approved, it would then be reviewed by the city planning department and city clerk’s office.
After that review, council members will choose how to move the process forward. They can vote on an annexation ordinance or put the annexation question to voters. If council adopts an annexation ordinance, citizens could still gather signatures and refer the measure to the ballot.
“What we wanted to do was get a complete document,” said Council President Pro-Tem Kathi Meyer. “And then I think, when this comes back, we should have this discussion about vote or no vote. I think it’s still on the table.”
Sept. 18, 2018: Council approves annexation agreement
May 23, 2018: Council debates upfront costs
Sept. 22, 2017: Council analyzes traffic impacts
July 19, 2017: Developers don’t think residents need to vote on annexation
May 27, 2017: Developer details pricing goals for new housing
Dec. 14, 2016: Council signs preliminary agreement with developers
May 4, 2016: Developer gauges feasibility of new housing
March 9, 2010: City voters deny Steamboat 700 annexation
The annexation agreement will include 158 deed-restricted units. These homes will be deed restricted under an appreciation cap, a vacation home rental prohibition and a locals-only requirement.
The appreciation cap would allow the homes to increase in value based on the higher of two measures — either a 3 percent market appreciation rate or the rate of increase in the Routt County area median income. Homeowners could also receive incentives to improve their homes.
The locals-only restriction will require that the leasee or buyer is employed a minimum of 30 hours per week in Routt County. If their work requires travel, their primary residence must be within the county.
“The obvious answer is that there’s no perfect answer. There never will be,” said Council President Jason Lacy. “We can talk about this for another two or three years, and we still won’t have the perfect answer. We won’t, but there has to be some kind of concession to provide some level of ongoing affordability.”
City attorney Dan Foote said the agreement in its current form does not meet a requirement of the West Steamboat Springs Area Plan, which requires that 20 percent of homes in a new development must be affordable for someone who makes 80 percent of area median income.
A clause in city code requires that Brynn Grey’s project meets affordability requirements set forth in the plan.
“If council wants to proceed and approve this project and this application and this project, we should consider revising the existing code revisions that require the project is consistent with the affordability requirements in the West of Steamboat Area Plan,” Foote said.
Brynn Grey Partners, the developer interested in annexing the property, is working to complete negotiations with other organizations, though Brynn Grey CEO David O’Neil said Tuesday night that he anticipated reaching the finish line in these negotiations in time for council’s Sept. 18 review.
Brynn Grey is negotiating with developers of the Overlook Park subdivision to establish easements that will allow right-of-way access over some Overlook property.
Brynn Grey is also working with the Steamboat Springs School District to work through the terms of a donation of a 12-acre parcel of land as the site for a future elementary school.
The developer added more detailed language to the agreement, which outlines plans for parks, open space and protection of riparian corridors in the development.
“I feel really good about the open space portion,” said council member Sonja Macys. “On the riparian side of things, we also got some very good language.”
The plan will see some additional revisions, including enforcement measures on deed restrictions and the details ironed out in Brynn Grey’s other negotiations.
Foote said there would be some “fine-tuning” to do, but “we’re in good shape.”
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