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Regulatory Applicability & Vesting Policy <br />0 Raised at the July 26t" study session <br />Most critical during the initial <br />implementation of the amended <br />Ordinance <br />Serve as a cut-off threshold and <br />provide clarity for development project <br />proposals currently undergoing <br />approval process <br />HOO applies to projects: <br />• without entitlement approvals <br />• No building permit or has not paid <br />the HOO <br />Both vesting options meet legal <br />standards and are commonly practiced <br />by local governments <br />