BC 2007 06 18 Regular - Laserfiche WebLink

Home Browse Search

June I8, 2007 (Regular Meeting) Page 420 applicants will be required to have household incomes at or below 80$ of the current HUD published area median income for the Charlotte, North Carolina MSA. Any reimbursement will follow this process: A written request must be presented to the Cabarrus County Commerce Department, with all of the aforementioned documentation. Vouchers and reimbursements shall only be issued for structures that are the primary residence of the applicant(s). Vouchers should be requested during the development of the consent agreement which is part of the subdivision approval process if the subdivision is developed by a recognized non profit or government agency. Vouchers must be presented during the permitting process. If an eligible party purchases a new home in a subdivision affected by adequate public facility fees and that is not produced by a non profit agency or a government agency, a reimbursement may be made in the form of a soft second mortgage that will be applied to the buyer's mortgage. The soft second mortgage will have an amortized recapture clause. Cabarrus County may recapture a percentage of the reimbursement if the subject property changes ownership within five years of the date of purchase. The amount recaptured by the county will decrease by 20~ each year for a five year period. All funding will be subject to availability of appropriate funds in the County's budget. If insufficient funds are available to pay a request which has been properly submitted and approved as provided above, the Administrator shall promptly notify the applicant of the unavailability of the funding. Applications for funding shall not carry over from fiscal year to the next. The payment of school impact fees by the County shall be credited without actual transfer of monies, in the event of a voucher, into the school impact fee fund. Reimbursements will be made in the form of a soft second mortgage, therefore, loan closings will need to be scheduled appropriately to allow for proper financial transactions to occur. Adopted this the 18t" day of June, 2007 Cabarrus County Board of Commissioners /s/: Robert W. Carruth Robert W. Carruth, Chairman ATTEST: /s/: Kay Honeycutt Kay Honeycutt, Clerk to the Board (G-1 Text Amendment C2007-04-ZT Amendment to Cha ter 13 Section 13-12 Zone Change Filing Procedures - Public Hearino - 6:30 p.m. Susie Zakraisek, Planning and Zoning Manager, presented information on a text amendment to Chapter 13 of the Cabarrus County Zoning Ordinance, Section 13-12 Zone Change Filing Procedures. This amendment would add the mailing of individual notices to all impacted property owners (property being rezoned and adjacent property owners) for rezoning requests where 50 or more parcels are requested to be rezoned. At 7:91 p.m., Chairman Carruth opened the public hearing on the Text Amendment to Chapter 13 of the Cabarrus County Zoning Ordinance, Section 13- 12 Zone Change Filing Procedures (C2007-04-ZT). The Public Hearing Notice was published on May 30 and June 9, 2007 in THE INDEPENDENT TRIBUNE and May 31 and June 7, 2007 in THE CHARLOTTE OBSERVER (Cabarrus Neighbors). There was no one present to address the Board and Chairman Carruth closed the public hearing. UPON MOTION of Commissioner Privette, seconded by Commissioner White and unanimously carried, the Board adopted the following ordinance amending the Cabarrus County Zohing Ordinance: Ordinance No, 2007-07 AN ORDINANCE AMENDING THE CABARRUS COUNTY ZONING ORDINANCE (C2007-09-ZT) BE IT ORDAINED that the Cabarrus County Zoning Ordinance is hereby amended as follows: Chapter 13, Section 13-12 Zone change filing procedures