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In order to have a constructive conversation(i.e. begin the negotiation process) on cost-share agreements for <br /> arterial infrastructure, it was recommended that the Bolton &Menk Study be updated. This will help the City better <br /> understand what financial obligation may accrue to the City. At this point, staff s preliminary estimate is that there <br /> may be a$700K-$1.6M City obligation(if split 50:50). The EDA has roughly funds available (EDA Fund, Loan <br /> Fund, and County HRA)that could support this level of obligation for the purpose of extending improvements <br /> through the new industrial park. <br /> Street Access to Alpine Drive <br /> A new access point on Alpine Drive is proposed with the concept. Throughout the first round of conceptual design <br /> review and City Council feedback, Staff has been directed to discuss options that keep a second access point to <br /> Alpine Drive for accessibility and traffic flow that balances concerns about traffic safety (sight lines and speeds). <br /> Another street access opportunity to be considered would be the realignment of Puma Street, east,to line-up with <br /> the existing Okapi Street to the north of Alpine. This could be physically facilitated as the City presently owns 4 <br /> acres at this location. This realignment may also yield an area of developable land to the west side of Puma street <br /> which could be factored into the suite of obligations and opportunities addressed and negotiated within the <br /> Development Agreement. <br /> Funding Source: <br /> This case is being handled as part of normal staff duties. <br /> Recommendation: <br /> Staff recommends adoption of the attached Policy Document. The concept has been reviewed by the Planning <br /> Commission(minutes attached), Park and Recreation Commission(minutes attached),the Environmental Policy <br /> Board (minutes attached), and the City Council(minutes attached). <br /> Action: <br /> Motion to recommend that the City Council adopt the Policy Document for Pearson Farm. <br /> Attachments <br /> Site Location Map <br /> Concept Plan <br /> Draft Planning Commission Minutes dated January 5, 2017 <br /> Draft Park and Recreation Commission Minutes dated January 12, 2017 <br /> Environmental Review Guide <br /> Policy Document <br /> Area Recreation Plan <br /> CC Minutes <br /> EPB Minutes <br /> Form Review <br /> Inbox Reviewed By Date <br /> Grant Riemer Grant Riemer 02/01/2017 12:20 PM <br /> Tim Gladhill Tim Gladhill 02/01/2017 03:46 PM <br /> Kurt Ulrich MaryJo Warner 02/02/2017 02:17 PM <br /> Form Started By:Mark Riverblood Started On:02/01/2017 10:44 AM <br /> Final Approval Date:02/02/2017 <br />