Agenda - Economic Development Authority - 04/11/2013

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Recently, Staff met with the Subject Property owner again regarding this site. The Subject Property owner informed Staff that the indoor shooting range proposal was no longer moving forward on the Subject Property. It is Staffs understanding that Total Defense is pursuing other options in an employment district that permits indoor commercial recreation. The Subject Property owner again suggested that the warehousing/recycling user be considered and reiterated that it is their opinion that retail isn't working in this area. Staff had recommended that the Subject Property owner contact the surrounding Property Owners to discuss their thoughts on what could be done to improve the success of the retail node. Staff feels that a broader approach is necessary, rather than focusing on individual parcels. Staff notes that after several prospects have explored the Subject Property, the cost to repair the building has become a major barrier to utilization of the building Numerous repairs are necessary due to removal of utilities such as copper pipe and electrical. It also appears that the private septic system is in need of replacement, with minimal area for an alternative site. Funding Source: Preparation of this case is being handled as part of regular Staff duties. Staff Recommendation: At this point, the logical next steps may be to consider other land uses that are compatible with the long term vision of the area as well as the surrounding area. This could include interim uses to allow for use in the short term, while maintaining the long term vision. This also warrants review of the surrounding area and future development patterns. Other variables to consider include analyzing the cost of certain infrastructure components (utilities) and what financing tools may be available. Staff desires additional direction as to whether there are actions the EDA would like Staff to complete. These action items could range from a Cost Benefit Analysis/Feasibility Study of extension of municipal utilities, a market analysis as to the scale/amount of retail area that could be sustained (currently and future), or identification of funding opportunities to provide assembly and redevelopment. It is important to note that the EDA is not taking action on any of these potential action items, but Staff wanted to identify potential alternatives to assist the discussion. Action: Based on discussion. Attachments Site Location Map Planning Commission Report dated January 31, 2013 DRAFT Planning Commission Minutes dated January 31, 2013 DRAFT EDA Minutes dated February 14, 2013 Form Review Inbox Reviewed By Date Chris Anderson Chris Anderson 04/05/2013 11:53 AM Patrick Brama Patrick Brama 04/05/2013 02:21 PM Kurt Ulrich Kurt Ulrich 04/05/2013 03:13 PM Form Started By: Tim Gladhill Started On: 03/21/2013 01:42 PM Final Approval Date: 04/05/2013