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Chairperson Bauer understood Stone Brook wanted to be located on a prime parcel within The <br />COR, but was not willing to pay the price for this prime real estate. He expressed concern with <br />this scenario and did not want to see the City drop its prices too much <br />Commissioner VanScoy asked what the purpose of the academy would be. <br />Assistant City Administrator/Economic Development Manager Brama stated he could not speak <br />in detail to the curriculum that would be taught at the academy but his understanding was <br />students would be taught from early childhood to preschool. The focus would be on classes and <br />learning. It was noted the academy would have an indoor rec space. <br />Commissioner VanScoy questioned if the facility would be a daycare or an educational <br />institution. <br />Assistant City Administrator/Economic Development Manager Brama stated the primary focus <br />would be education. <br />Commissioner VanScoy reported educational uses were not allowed in COR 1, COR 2, or COR <br />3. <br />Community Development Director Gladhill clarified the business would be licensed as a daycare. <br />Further discussion ensued regarding the differences between a daycare and an academy. <br />Commissioner VanScoy asked if a private street with easements could be created to eliminate the <br />need for a public roadway connection. <br />Community Development Director Gladhill stated staff could investigate this further. <br />Commissioner VanScoy appreciated the focused concept of Stone Brook. He stated he would <br />like to see this facility located within The COR. He anticipated staff would have to negotiate <br />with Stone Brook on the cost of the property. <br />Commissioner Nosan expressed concern with dropping the price for the property. She feared <br />how The COR would be impacted by 100 cars entering and exiting the property several times a <br />day. She questioned how the remnant property (0.5 acre) would be developed in the future. <br />Assistant City Administrator/Economic Development Manager Brama discussed how a <br />standalone development could be completed on the 0.5-acre lot. He explained the Council and <br />EDA would address the pricing strategies for the property. He discussed how the per square foot <br />asking prices were established in further detail with the Commission and noted the asking prices <br />were always up for negotiation. <br />Planning Commission/January 5, 2017 <br />Page 11 of 16 <br />