Title:
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Public Hearing and action on Ordinance extending a temporary and interim official control on sections 20.25A.060 and 20.25A.070 of the Land Use Code to increase the residential floor area in exchange for the provision of affordable housing, allow development flexibility when meeting certain affordable housing thresholds, and provide projects with flexibility in utilizing Floor Area Ratio in the Downtown Perimeter Overlay within a single project limit in order to encourage residential development; providing for vesting to this temporary and interim control; reserving the right to adopt permanent regulations; providing for severability; and establishing an effective date.
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