Agenda - Planning Commission - 04/06/2017

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any project drastically effects project costs, and therefore has a direct effect on the purchase agreement negotiation. Additionally, this feedback will help Stone Brook with providing direction to their architects/ engineers that will formally design the project (and prepare for official applications). Therefore, any preliminary Commission Business Chairperson Bauer understood the sentiments of each group that has reviewed this request was that Yolite Street should be connected and that Mr. Johnson supported shared financing. He requested further information from staff on the benefits of this connection being public or private. Assistant City Administrator/Economic Development Manager Brama offered a definition for a public road and explained sidewalks and lights would be required, which would be more costly. He indicated a private drive option would be less costly and noted the standards would be negotiable. He reported the City would pay 60% and the developer would pay 40% for a public roadway. If the road were to develop in a private manner, the expense would be negotiable and staff anticipated this could be split 50/50. He explained that if the road were developed as a private drive, it would remain open to the public. Chairperson Bauer questioned if a private road made more sense for the remnant lot. Assistant City Administrator/Economic Development Manager Brama stated this would make more sense for the remnant lot as this would allow for additional width. Commissioner VanScoy asked if the future sale of the remnant lot would be improved if the roadway were public versus private. Assistant City Administrator/Economic Development Manager Brama believed this issue would have to be further vetted. He anticipated that a private drive would reduce the entry costs for a future developer, while also maintaining more of the land. Commissioner VanScoy discussed the importance of the Yolite connection for users of the train. For this reason, he supported a public street. Commissioner Nosan questioned who would maintain the roadway if it were private. Assistant City Administrator/Economic Development Manager Brama stated the maintenance would be negotiable. Commissioner Anderson expressed concern with a private road and recommended the connection be public to allow for proper access. Michael Johnson, Stone Brook Children's Academy, introduced himself to the Commission and stated he would be one of the owners of Stone Brook. Planning Commission/March 2, 2017 Page 9 of 15