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A. Purpose. The purpose of this Section is to ensure that adequate monitoring of development trends within the Transit Overlay District occur. The purpose of this monitoring is threefold:

1. To provide a mechanism that ensures that development is occurring in a manner consistent with the intent of the Transit Overlay District;

2. To verify and adjust if required the requirements within the Transit Overlay District; and,

3. To provide decision makers with objective data that can be used to evaluate the performance of the Transit Overlay District in achieving the goals that it is intended to promote.

B. Annual Review. It is a requirement of this Chapter that the following data be collected, analyzed and summarized on an annual basis in the form of a report to the City of Vancouver Planning Commission and City Council. This data shall be collected through existing development activity reporting procedures.

1. Development activity. Various statistics describing actual development activity within and outside the Transit Overlay District, including anticipated population density.

2. Development design. Information shall be collected describing development design features of individual developments including, building orientation, setback and frontage throughout the Vancouver Urban Area.

3. Incentive utilization. Information shall be collected describing utilization of incentives provided within this Chapter. (Ord. M-3643, 01/26/2004)