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needed housing units, we can't think of a reason why a higher in -lieu fee would be proposed for <br />those projects so close to construction. <br />Furthermore, as stated in the staff report, significant delays are being felt not just in the City <br />planning departments, but in the private sector and development community. It is for this reason, <br />that we ask those "Approved Residential Projects" receive 12 Months from the implementation <br />of this policy to be eligible for the proposed $5.00 in -lieu fee as recommended by the planning <br />commission. This is a slight change from the proposed deadline of April 2021, and if building <br />permits are not pulled within this year time frame, the higher $15.00 in -lieu will be paid — <br />offering a strong incentive to pull permits and start construction. <br />We want to thank city staff for the proactive and business minded proposed amendments to the <br />Housing Opportunity Ordinance. The logic and reasoning behind the proposed lowering of the <br />fee is exactly what the development community needs during these rare and uncertain times. We <br />also feel that this proposal and our requests equate to a reasonable compromise between the <br />current fee and the recently discussed moratorium of the HOO fee. These changes will ensure <br />that construction moves forward and affordable housing dollars that were otherwise not <br />materializing, will be paid to the city. <br />Thank you for your thoughtful consideration. <br />Respectfully, <br />k <br />Steven LaMotte <br />Chapter Executive Officer <br />BIA/OC <br />Tim Shaw <br />Director of Government Affairs <br />Pacific West Association <br />of REALTORS@ <br />)6� InJr� <br />Jennifer Ward <br />Senior Vice President of <br />Advocacy and Government Affairs <br />Orange County Business Council <br />Danielle Corliss, President <br />Orange County REALTORS® <br />John Sackrison <br />Executive Director <br />OOCC%Automobile Dealers Association <br />UGC�G i <br />Vickie Talley <br />Executive Director <br />Manufactured Housing Educational Trust <br />Vickie Talley <br />Director of Legislative Affairs <br />NAIOP SoCal- Commercial Real Estate <br />Development Association <br />Carolyn ggvecchg <br />President & CEO <br />Orange County <br />Taxpayers Association <br />David Cordero <br />Executive Director <br />Apartment Association of OC <br />1 <br />Victor Cao <br />Vice President of Public Affairs <br />California Apartment Association <br />