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No screening of the townhoues from adjacent single family residences is required by City <br />Code. However, all units do maintain a minimum setback of 35 feet from property lines; the <br />adjacent single family homes are also subject to a 35 foot setback from the property line of <br />Outlot B; the combination of setbacks results in a 70 foot buffer area between the townhouses <br />and the single family homes. <br />City Code requires 146 parking stalls; 171 are proposed. <br />Staff has recommended that the developer create and perpetually maintain a tot lot on site. <br />Park dedication would be assessed when the property is replatted into a buildable lot. <br />The developer has requested tax increment financing participation for this project. As noted <br />above, this project is proposed at a density which will conform more closely with the adjacent <br />single family neighborhood than both past proposals presented to staff, and, certainly than <br />what could occur here. The developer has also proposed parking beyond code requirements. <br />In exchange for these considerations we are proposing to assist with development costs on a <br />"pay as you go" reimbursement basis. Proposed is that the City would recover the first <br />$38,000 in taxes paid by the project. The developer would be reimbursed up to the next <br />$38,000. The City would retain any residual tax (TIT) generated by the project. These funds <br />would be available for infrastructure improvements within the TTF districts. <br />Recommendation: <br />City Staff and the Planning Commission recommend site plan concept approval. <br />Council Action: <br />Motion to: <br />Recommend that Sherman Associates proceed to apply for final site plan and plat <br />approval for the proposed townhouse development on Outlot B in Sunfish Square. <br />1 <br />1 <br />J <br />Review Checklist: <br />CC: <br />City Administrator <br />City Engineer <br />3/26/96 <br />1 <br />►.a 1f <br />