4/12/1994 - Laserfiche WebLink

Home Browse Search

APR 121994 BOOK 92 Fac 163 Impact on the Residential Allocation Ratio Of particular importance to this request is the impact of the land use change on the county's residential allocation ratio. A residential allocation ratio is the measure of total residential units allowed under the land use plan compared to the number of residential units expected to be needed through the plan's planning horizon, based on population projections. The following formula is used to calculate the residential allocation ratio: Total number of units allowed - Existing units Projected number of units needed (1990-2010) When Indian River County and DCA entered into a stipulated settlement agreement to bring the county's plan into compliance with state requirements, both parties agreed to a residential allocation ratio of 4.487. The information used to determine the residential allocation ratio at that time was as follows: 1. Total number of units allowed: 119,739 2. Existing units: 26,000 3. Projected number of units needed (1990-2010): 20,887 4. 1990 Residential Allocation Ratio: 119,739 - 26,000/20,887 = 4.487 Given the agreed upon ratio, the county's residential land use designations were acceptable to DCA. Subsequently, the stipulated settlement agreement was implemented through an amendment to the county's comprehensive plan. That amendment, which was found in compliance by DCA, formally established 4.487 as an acceptable residential allocation ratio for the county. Since that time, however, changes affecting the number of units allowed and the number of existing units have occurred. Land use designation amendments involving_ residentially designated land within the urban service area affect the number of units allowed. Since plan adoption, several land use amendments involving residentially designated land within the urban service area have been adopted. The effect of these amendments has been a net decrease of 109 units allowed. Therefore, land use plan amendments have reduced the number of units allowed from 119,739 to 119,630. The following tables depict the information used to determine the change in the number of units. Since the C/I designation is not intended for residential uses, land use amendments redesignating land to CII reduce the number of units allowed, while amendments redesignating land to residential increase the number of units allowed. Staff estimates that 25% of land designated for residential uses is used for infrastructure such as roads and stormwater retention. Therefore, the net developable acreage is 75% of the total acreage. LAND USE AMENDMENTS TO COMMERCIAL/INDUSTRIAL AMEND. TOTAL NET NET DECREASE NAME FROM UNITS/AC. ACRES ACRES IN UNITS Korine __ L-1 3/1 _ 15.00 11.25 _ 33 Smith L-2 6/1 1.86 1.40 8 Koerner M-1 8/1 0.31 0.23 1 Seb. Assoc. L-2 6/1 4.00 3.00 18 72