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3-760.A. Intent and Purpose. The intent of this Section is to provide incentives and opportunities to construct and lease or sell designated employee dwelling units, or affordable housing units, to THA qualified households within zone districts which permit such uses by right. Designated employee dwelling units and affordable housing units may be constructed and occupied under the terms of this Section provided:

3-760.A.1. The standards of this Division and all other applicable codes and regulations of the Town have been complied with; and

3-760.A.2. The designated employee dwelling unit(s) or affordable housing unit(s) are not included as part of a PUD application for which such units are intended to ensure compliance with Section 6-304.C., “Review Standards”; and

3-760.A.3. The designated employee dwelling unit(s) or affordable housing unit(s) are not part of a Housing Mitigation Plan submitted to comply with the provisions of Section 3-720 above.

3-760.A.4. Affordable housing or employee dwelling units which meet the conditions in Section 3-760.A. above are eligible for the following waivers and credits:

a. The Building Official shall waive that portion of any water and/or sewer tap fee attributable to a designated employee dwelling unit, or affordable housing unit provided such unit is deed restricted per Section 3-720.B.

b. All building and development application fees shall be paid at the time of application, however, the fees paid associated with the designated employee dwelling unit(s) or affordable housing unit(s) will be credited toward the amount required for the building permit fee.

3-760.B. Annual Review. The operation and enforcement of this Section and THA in administering portions of this Section may be reviewed annually by the Town Council upon the report of the Planning Director and the THA Executive Director, such report(s) to be submitted before the first Council meeting in March of each year.