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Filed for Record 04/16/2009 04:48:53 PM - Kittitas County, WA Auditor - 200904160090 Page 100 of 118 <br />housing is available, being produced in the area and/or required to meet anticipated demand. <br />Monitoring shall, at a minimum, address the following elements: <br />a) MPR employee demographic information; <br />b) land use, population and housing information (population and housing projections, zoned <br />land available for housing, recent sales/rentals, housing vacancy rates, housing cost; <br />c) number of housing units in the development pipeline (approved but unbuilt, approved <br />preliminary plats, vested applications, etc.). <br />The participants shall establish benchmarks to help identify changes attributable to MPR <br />employment, and the thresholds that will trigger housing actions identified in these Conditions. <br />Monitoring shall commence with approval of the first site development plan for the MPR, and <br />shall proceed in yearly increments through Year 10 (or approximately 2,400 units, 500 hotel <br />rooms, 36 holes of golf, and 150,000 sf of commercial use) after which time a revised schedule <br />will be adopted. Housing monitoring reports shall be prepared semi-annually, or at some other <br />frequency acceptable to the participants, to document housing supply and demand. Reports will <br />be made available to the public. <br />C-60 Housing Production. To the extent that such housing is not produced in a timely manner <br />by private housing developers, and using the tools identified in Condition No. C-61, Trendwest <br />shall directly provide, as necessary, the amount, type and cost of housing necessary to mitigate <br />direct impacts associated with MPR operations and construction employment. If the supply of <br />new housing, as identified in the monitoring program, lags behind anticipated need -- as <br />identified in the Final EIS, or in future adjustments of the data in the EIS -- then the applicant <br />shall develop, directly or through joint venture, or will cause to be developed, sufficient housing <br />to meet the anticipated need. This housing may be provided on-site or off-site, as permitted by <br />Kittitas County Comprehensive Plan policies. <br />C-61 The applicant shall prepare and implement a program providing incentives designed to <br />facilitate the planning, financing and development of housing to meet needs created by the MPR. <br />The program shall be developed with input from the county and nearby cities, and shall be <br />submitted to Kittitas County concurrent with submittal of an initial application for development <br />of the MPR. The housing program shall consider and propose one or more of the following <br />elements, as necessary to meet demand: <br />(a) low interest loans to employees (subject to credit and employment criteria), guarantees of <br />leases for an agreed-upon percentage of multi -family units built by local developers, and <br />land subordination for construction loans obtained by local builders; <br />(b) financial and other support for ongoing planning in local jurisdictions to encourage <br />sufficient, well-planned and designed housing, including support for design guidelines for <br />new housing that is consistent with local character. <br />Suncadia MPR Conditions of Approval Page 32 <br />December 2, 2008 <br />