Price City planning commission approves Rosie Ridge townhomes PUD with parking HOA amendment

Price City’s Planning Commission approved a planned unit development (PUD) and conditional use permit for the Rosie Ridge townhomes at 135 North 600 West on Dec. 9, 2024, with an amendment to the project’s HOA parking rule to require that residents "shall use their garage for parking." The motion to approve the PUD was moved by Commissioner Chris, seconded by Commissioner Dave and passed by voice vote.

The developer’s representative, Austin Siegmiller of Kyrus Real Estate, told the commission the project had previously been approved as a for-rent product and that the applicant now seeks approval to sell the 14 townhomes as individual parcels targeted to first-time homebuyers. Siegmiller said the developer intends the change to allow separate tax IDs and homeownership opportunities that could match state down-payment assistance programs.

Commissioners focused much of their discussion on parking and HOA rules. An unidentified commissioner raised concerns that the HOA CC&R language on parking (item 2.12), which used the term "prioritize," would be insufficient to prevent on-street parking if residents filled garages with non-vehicle storage. The chair proposed—and the commission adopted—language to replace "prioritize" with a requirement that "residents shall use their garage for parking." The chair read the revised condition aloud during the motion.

There was extended back-and-forth about how many off-street stalls the site plan provides. Commissioners and the applicant debated whether the plan yields 12 or 14 off-street stalls in addition to two-car garages; the applicant said the development "is way over on parking requirements," but the parties acknowledged some uncertainty during the meeting about the exact guest-stall count. The city’s written conditions require the developer to submit finalized HOA rules, record HOA documents on each lot at the time of sale and provide Price City with the HOA manager’s contact information prior to the first sale.

Siegmiller also explained financing implications the commission wanted on the record: "FHA requires the development to be restricted up to 50%" of units eligible for investor-owned rentals if buyers seek FHA financing, and a state down-payment assistance program cited by the applicant (a $20,000 program) is a non‑FHA product that prevents recipients from renting without refinancing or selling. Siegmiller said those financing rules can act as a market-level check on investor purchases if the developer or the HOA elects to limit rentals to support owner-occupancy goals.

During the hearing, the chair read the conditions of approval adopted earlier (recording and HOA update requirements, compliance with the prior 11/12/2024 agreement and a reminder that Price City will not operate or maintain infrastructure within the PUD). The applicant acknowledged awareness of the conditions and was asked to provide HOA management contact information to the city 60 days prior to any first sale so Price City can route enforcement issues appropriately.

The motion to approve the PUD with the amended HOA parking language passed by voice vote; the chair instructed the applicant to sign the approval paperwork and the city staff said they would provide a copy of the signed documents. The meeting then proceeded to other routine items and adjourned at 05:20.

What’s next: the developer will sign the approval paperwork and must submit final HOA documents and management contact information to Price City as required by the conditions of approval. The city record will note the amended CC&R language and the PUD approval.