Agenda - Council - 02/12/2018 - Laserfiche WebLink

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STAFF Staff is generally comfortable with the proposed purchase agreement. The proposed "concept site layout" appears to generally meet the City's zoning code and vision for The COR. Please reference staffs closed session MEMO for details. EDA The EDA is generally comfortable with the proposed purchase agreement. The EDA generally preferred Layout C, which happens to be the lowest asking price, due to the increased number of rooftops (traffic) and tax base created. The EDA did request staff counter offer the developer on price. PLANNING COMMISSION PUBLIC OPEN HOUSE Unlike most PAs considered by the city, the Centra Homes PA (proposed project) is completely surrounded, on all four sides, by a significant level of existing development, and significant number of existing residents. Staff felt it was appropriate to complete a proactive public engagement step for the Centra Homes PA (proposed project). A public open house was conducted before the regular Planning Commission meeting on 02/08/2018 for this proposed project. Notifications were sent to all nearby residents. About ten residents attended the public open house for the Centra Homes PA (proposed project); which included four individual Planning Commission members. In summary, all but one attendee was generally supportive of the project concept, specifically concept layout 3. One resident, located in the adjacent townhomes, was opposed to the project in general, regardless of the layout. Attached is a summary from the public open house. Staff is comfortable with the feedback provided by the public and informally by individual Planning Commission members on this project. Moving forward, this 'project concept layout" will be reviewed again by the Planning Commission formally in March for additional comments. Action: Motion to recommend the City Council: Approve the attached purchase agreement with Centra Homes for 4.29 acres of city -owned land. Centra Cover Letter Purchase Agreement PA Exhibits Property Listing 51 Public Open House (Draft Findings) EDA Minutes Attachments Form Review Inbox Reviewed By Date Tim Gladhill Kathy Schmitz 02/08/2018 04:00 PM Kurt Ulrich Kurt Ulrich 02/08/2018 04:23 PM Form Started By: Patrick Brama Started On: 01/11/2018 01:42 PM Final Approval Date: 02/08/2018