(A) The overall number of residential building permits allocated under this program is established by the Town Council to maintain a more sustainable rate of growth and avoid any spikes or peaks in residential construction. The distribution of permit allocations will be handled utilizing different dwelling unit categories as outlined in § 156.076.
(B)
Permits shall be issued on a semi-annual basis in the chronological order in which applications are received (commonly referred to as “first come, first serve”) by the Department of Engineering and Development Services.
(C) One-half of the allocated permits will be available on January 1 and the other half will be made available on July 1 of each year. Each six-month period represents an allocation cycle.
(Ord. 18097, passed 1-8-19; Am. Ord. 21042, passed 5-11-21; Am. Ord. 21069, passed 10-12-21)