Monday, June 14, 2010

New Legislation Extends Time Period for Final Plat Approval


Finally, a little good news for builders and developers who are trying to plat properties. The legislature has granted a temporary extension to save preliminary plats that could expire during this economic downturn.

The Municipal Research and Service Center of Washington (MRSC) has issued an opinion on the Washington State Legislature’s recent adoption of Substitute Senate Bill 6544. The legislation, signed by the Governor, extends preliminary plats for two years, from five to seven years until 2014.
_____________________________________________________________________________________
Opinion:
In SSB 6544 (Ch. 79, Laws of 2010), the 2010 legislature extended the statutory time period for submitting final plats for city or county approval from five years after preliminary plat approval to seven years after that approval. It also extended the vesting period for approved final plats from five to seven years. This legislation, which is effective June 10, sunsets on December 31, 2014.

It appears that the purpose of this temporary extension is to save preliminary plats that are in jeopardy of lapsing because of the economic downturn. This purpose should help explain which preliminary plats this legislation applies to. The original bill included an intent section that, although deleted in the substitute bill that was adopted, sheds light on legislative intent:

(1) The legislature finds that active land use permits are expiring due to a downturn on the state economy. Considerable cost has been expended by applicants and local jurisdictions to approve projects. Allowing these projects to expire would make it difficult for the state to meet its housing needs in the future and impose considerable staff costs on local governments to perform work that has already been completed.

(2) The legislature further finds that, in the current period of economic challenge, an extension for plat approvals will contribute to the overall employment of the state by employing citizens of Washington as soon as is practicable in the family wage jobs of the land development and home building industries.

The public testimony in favor of the bill, as summarized in the various bill reports, also focused on the current economic climate and its effect on development activity.

To read the full opinion, please go to: http://www.mrsc.org/Subjects/planning/ssb6544.aspx

No comments:

Post a Comment