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Member Williams asked how big the remnant parcel was. <br /> Economic Dev. Mgr/Assistant City Administrator Brama stated it was a half-acre. <br /> Member Burandt asked of the five sites recommended, is this the preferred site because it seems <br /> like there are several challenges. <br /> Economic Dev. Mgr/Assistant City Administrator Brama stated this is in The COR Two zoning <br /> district so it meets the zoning perspective and from a master plan perspective this is more of a <br /> retail area. The issues on this site are going to be issues they will need to deal with regardless of <br /> Prestmore. They talked about different areas where this business could be placed but this site <br /> was the Johnson's preference. <br /> Member Brunt asked what was the size and price of the lot across the street next to the Medical <br /> Examiners building <br /> Economic Dev. Mgr/Assistant City Administrator Brama stated the lot next to the Medical <br /> Examiners site is a PSD lot and they are asking $10 a square foot. PSD is currently considering <br /> a multi-tenant building deal and Prestmore wants to be the owner of their own project and are not <br /> interested in having a third-party developer. <br /> Member Riley stated in regards to the remnant, it appears they are essentially deciding the <br /> remnant has to happen or does that issue need to be decided first and then after decide how else <br /> they want to proceed because they do not have a remnant yet but he felt a decision might be <br /> made where they will be creating it. <br /> Economic Dev. Mgr/Assistant City Administrator Brama stated at some level they have already <br /> created the remnant parcel regardless of this project and they have set themselves up by selling <br /> off the common bond property the way they did, by having the road designed where it is and <br /> having the intersection run where it is. With moving forward, they are confirming what has <br /> already been decided. <br /> City Administrator Ulrich did not think a remnant piece of land is particularly a bad thing. It is <br /> an opportunity for a small business to build onto a corner. This is a small parcel, potentially <br /> affordable in an urban area. This could be looked at as an opportunity. <br /> Community Development Director Gladhill stated this is a very conceptual design. Planning and <br /> development has not had a chance to do a full analysis. This could be a part of a broader parking <br /> strategy and part of the parking district with surface parking or other parking strategies. There is <br /> use for a �/z acre parcel. <br /> Chairperson Steffen wondered if a child care facility would fit into that area because he never <br /> envisioned something like that being there. <br /> Member Skaff thought there was a need for a child care facility in The COR, maybe not on this <br /> site. <br /> Economic Development Authority/December 8, 2016 <br /> Page 4 of 11 <br />