Agenda - Council - 06/08/2004 - Laserfiche WebLink

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Mr. Nathc w:ls c~mccmed that l~s, bc he should be doing something with the land and after reviewing thc i~R)~'mation hc was advised that yes he should be taking actions with his land now. Thc proposed ~'ivc~- brictg¢ wi]! be czoming onto his property as an elevated bridge through the center of }lis p~'opcrty mal~ing it dii'fi{;t~lt to have a quality single family development so it was suggested thai Mr. Nathe discuss x.,illn the City the possibility of developing the property as a l>lanncd t~nit I)evcl~)pment. Thc concc[¢t would be to transfer density out of the corridor to retain some of thc vatlttc l~st; in retut'n the'/w,.~tdd dedicate land for the future roadway or the park. Mr. Shardlow cxpla~incd that tb.¢y did dis<mss the idea with some developers to see if would be possible to dcvt.:lof thc lamt realizi~g ~here are significant details that would have to be worked out. Il' thc ('oreo;it is open to thc idea they could move forward with trying to look at those details. M r. S he'd low prcscnled a r.~'tnd cring of how the area could be developed, which included a park along tl~c Mississippi River. City Administrato~' Nommn explain :d that the Council did discuss that what is being proposed by Mr. Shardlow (mb, qaal forths: Nath~;'s may be one of the best options the City has to work with. Councihncmbor Cool< replied that i~e !iked the idea. He inquired if they were to develop the property as a l'lann~xl Unil 1)cv¢lop~ nont would it require a Comprehensive Plan Amendment. Assistant (:ommt,~ity Deveiopment Dit'ector Trudgeon replied that he thought it would require a eomprchcnsivc ['l[t n amendmo~t. Cotmcilmcmbcr (~(~o1< inquired iF tie5, were to try and master plan the area with the adjoining properties would ,.hal enti~'(: area require a Comprehensive Plan amendment or could the surrottmling ar'cas bo developed witl~ si~qgle-family units. Assistant (.'mn~u n~ty Developm~znt D i~'ector Trudgeon replied that those were all things that they would have to dotc~ mine. Cotmcihncmbc~' IZ1,.,ig stated that iht y hatve talked about the corridor being dedicated, but at some point thc corhdor x,, ould have to be imrchased. Assistant (',ommmqity Dcv~:lopmet-,t Director Trudgeon explained that at this time they are talking about dcdic:tlion o{' thc land fi'on~ the property oxvner. The City would not be purchasing thc land. Mayor Camco inqttircd if th%, rlced~ d a park in that area. Assistant Corn n~tt~Jty Development Director Trudgeon replied that the property is located in the critical river crm'idor and it xvould p} o¥i,.lo for access to the river. Councihncmbcr Kc~ral¢ stated that sh<~ would agree with having a portion of the river fi'ontage dedicated as I)a~-k, but she ft:lt lhat the property owner should be able to retain some of the fiver fi'enrage so lhal ho can rctai~ the ~.,alue of the land. She inquired if a 300 foot or 600 foot corridor wot,id bc needed 1'o~' th(z fi~t~tr~ fiver bridge. (;ity Co~ncil Work Session/May 4, 2004 Page 7 of 14