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Mr. Nalhe w~.~ coltccrned that m~ybe he should be doing something with the land and after <br />reviewing thc i~tt:brmation l'~c wats a~lvi,~$¢d that yes he should be taking actions with his land now. <br />Thc proposed !-ivc, bridge will be coining onto his property as an elevated bridge through the <br />canter o[' his propc,rty making it di ;ifi¢~.llt to have a quality single family development so it was <br />suggested thai Mr. Nathe discuss witli the City the possibility of developing the property as a <br />Planncd [J n ii [)cvclopment. The cf? nccpt would be to transfer density out of the corridor to retain <br />some of thc raj!lc ]ost; in return the/would dedicate land for the future roadway or the park. Mr. <br />Shardlow c×pl;fin¢ct that they did discuss the idea with some developers to see if would be <br />possible to d~v~zlol) the land rcalizi,~,g ~here are significant details that would have to be worked <br />out. 11' thc ('otmcil is open I,o thc i&:a they could move forward with trying to look at those <br />details. Mr. Shard tow presented a ~ :mdering of how the area could be developed, which included <br />al parl< along thL' M ississippi Rix'or. <br /> <br />City Adlni nismttor Norman cxplain~;d ihat the Council did discuss that what is being proposed by <br />Mr. Shardlov,, r~n l,,:half ol'llac, Nath ~"s may be one of the best options the City has to work with. <br /> <br />C. ouncihncm}~c; (;.~ok replied lhat Itc liked the idea. He inquired if they were to develop the <br />property as a I'l:~m~cd Unit I)cvclop nc~t wotfld it require a Comprehensive Plan Amendment. <br /> <br />Assistant (~<)m~m~ ity I)cvelOlmnOni Di ~'ector Trudgeon replied that he thought it would require a <br />Comprchcnsi¥c l'l~u~ amendment. <br /> <br />Councilnmmbci' ('..)ok inquired if linty were to try and master plan the area with the adjoining <br />properties w~mld that entire area require a Comprehensive Plan amendment or could the <br />surrounding ~lrcas 1)c devclop~:d wit!~ s;ingle-family units. <br /> <br />Assistant (:om~ nm-,' ily Dcvetol)men~ Dit'ector Trudgeon replied that those were all things that they <br />would have t(> (ietcmainc. <br /> <br />Council~t~cmbcr l!lvig stated that th;:y lmve talked about the corridor being dedicated, but at some <br />point thc c()n'idor would have Io be 9re'chased. <br /> <br />Assistant ('o~nmu~ity Dcveloprnc}~t l)irector Trudgeon explained that at this time they are <br />talking about dcdicaltion of tho land fi'om thc property owner. The City would not be purchasing <br />thc land. <br /> <br />Mayor (;amcc inctuimd if tl}cy ncecl :el ::; park in that area. <br /> <br />Assislant (~o~mt~u~,ity Dovclopmen D/rector Trudgeon replied that the property is located in the <br />critical river conqclor and Jt would l'~'ovide Igor access to the river. <br /> <br />Councilmcmbc~' Kurak staled that :dae wouid agree with having a portion of the river frontage <br />dedicatcd as imd¢, but she l'elt that i. he property owner should be able to retain some of the river <br />l'rontagc ,st) th~tt lie can retain the value of the land. She inquired if a 300 foot or 600 foot <br />corridor would bc i~cectcd fi)r tiao fu ute river bridge. <br /> <br />City Ccmmil Work Session/May 4, 2004 <br /> l'age 7 of 14 <br /> <br /> <br />