Founders Place condominiums, Deer Crest

Every hearing and vote

1. January 13, 2022 · City Council

   Founder's Place affordable housing obligation plan (Housing Authority)

   Approved · 3-1

   The Housing Authority approved the plan, amended to extend the community benefit fee five years, through 2040. It provides six on-site one-bedroom affordable units totaling 5,400 square feet (four in phase 1) and a community benefit fee of about $1.875 million ($1.5 million from initial sales, then about $37,500 a year), about $250,000 more than the current fee in lieu. The developer's original obligation was 4 percent, set by a 1995 settlement at 3.32 units of 83 units; the project totals 199,200 square feet. Groundbreaking is targeted for next spring and completion for summer 2024. Rubell voted no; the chair's vote is not recorded.

   Moved by Council Member Max Doilney, seconded by Council Member Becca Gerber. Vote: 3-1; Council Member Jeremy Rubell voted no

2. January 27, 2022 · City Council

   Founders Place subdivision, 3267 West Deer Hollow Road (Ordinance 2022-03)

   Approved with conditions · 4-1

   A first motion by Council Member Max Doilney failed 2-3, with Dickey, Rubell and Toly opposed. A second motion by Council Member Becca Gerber approved the subdivision with an amended Deer Hollow Road condition referring to the developer and a condition prohibiting satellite parking; Rubell voted no. The project has 1.5 parking spaces per residence and six affordable units. No one spoke at the hearing.

   Moved by Council Member Becca Gerber, seconded by Council Member Max Doilney. Vote: 4-1; Council Member Jeremy Rubell voted no

3. January 27, 2022 · City Council

   Founders Place Phase I condominium plat (Ordinance 2022-04)

   Approved · 4-1

   The council approved the plat for 32 market-rate units and four affordable units; Rubell voted no. No one spoke.

   Moved by Council Member Becca Gerber, seconded by Council Member Max Doilney. Vote: 4-1; Council Member Jeremy Rubell voted no

4. July 6, 2023 · City Council

   Ordinance 2023-34: Founders Place Condominiums Phase II plat

   Approved · 5-0

   Phase II has 19 market-rate units and one affordable unit; the full community totals 78 residences. The developers reported public benefits of about $12.5 million through 2040 and agreed to a half-point transfer fee of about $835,413. The minutes also describe the property as located in Wasatch County, which conflicts with the Park City address.

   • Applicants: Phil Fiveash and Carder Lamb
   • Units: 19 market-rate and 1 affordable

   Moved by Council Member Ryan Dickey, seconded by Council Member Tana Toly. Vote: 5-0

5. December 12, 2024 · City Council

   Housing Authority: Founders Place mitigation plan amendment

   Approved · 5-0

   Sitting as the Housing Authority, the council changed a condition of approval for the 78-unit Founders Place condominium project in Deer Crest so certificates of occupancy are issued building by building rather than by phase. The required housing obligation is 9.96 units with 12.97 anticipated through in-lieu payments. The second building was nearly complete. Deb Rentfrow withdrew her opposition after a tour.

   Moved by Council Member Ryan Dickey, seconded by Council Member Bill Ciraco. Vote: 5-0