align="center">CHAPTER 26. SPRING LAKE SPECIFIC PLAN BUILDING UNIT ALLOCATION PROGRAM
Sec. 26-4-20. Assignment procedure--Second release BUAs.
The BUAs in the second release group shall be assigned using the following
procedure:
(1) The city shall determine the number of BUAs available for the
second release after adjustment for multi-family units constructed.
(2) The
city shall calculate the number of BUAs (“base allocation”) in the
second release group to which each parcel would be entitled if all parcels had
class A priority, based on the ratio of MDs among the parcels.
(3) The city
shall assign to each class B parcel forty percent of its base allocation for the
second release.
(4) The city shall assign the balance of the BUAs to the
class A parcels based upon the ratio of the base allocations of those parcels
for the second release. (Ord. No. 1343, § 3, (part).)
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