Agenda - Council Work Session - 02/12/2013

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future roadways has not yet fully been established, but would be reviewed as part of the normal course of site plan review. Depending on proposed access locations, a traffic study may be necessary to ensure proper ques, stacking, and levels of service. In addition, said traffic study may be necessary to ensure compatibility with the traffic analysis completed for the overall development. This is a typical process in most land use review. Based on other examples from Athlos Charter School in other areas of the Country, it appears that an adequate facility could be designed to meet the standards of The COR Design Framework as it relates to architectural standards. Tax Implications In addition to the land use considerations discussed above, which have potential solutions through amendments or policy considerations, certain tax implications arise as an outcome to the proposed user. The proposed user would be a tax paying entity in early stages, as the property would be held by The Charter School Fund for the first few years. However, the long term vision of ownership of the site would be held by a tax - exempt entity. These items do not necessarily exclude this type of use from moving forward, but do have outcomes as it relates to property taxes. These outcomes are magnified if a site is chosen within an existing Tax Increment Finance (TIF) District. The preferred area for the user would prefer to be located within TIF District #14. Recommendation: Based on discussion. Funding Source: Preparation of the presentation by the user is being handled as part of regular Staff duties. If the user chooses to move forward, all costs associated with review of any land use application would be the responsibility of the Applicant. It is noted that the proposed use may have potential implications to TIF District #14. Council Action: Based on discussion. Provide feedback to the user on the proposed use as it relates to land use and tax considerations. Consider direction to Staff to continue to work with the HRA Development Team, if a site currently owned by the HRA is desired. Form Review Inbox Reviewed By Date Diana Lund Diana Lund 02/07/2013 07:59 AM Tim Gladhill (Originator) Tim Gladhill 02/07/2013 08:45 AM Kurt Ulrich Kurt Ulrich 02/07/2013 02:32 PM Form Started By: Tim Gladhill Started On: 02/06/2013 03:20 PM Final Approval Date: 02/07/2013