Agenda - Economic Development Authority - 12/14/2017

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City Administrator Ulrich read aloud the vision statement, noting that the statement is less restrictive than it has been in the past, which provides the opportunity to be responsive to the current market and provides more flexibility. Economic Dev. Mgr./Assistant City Administrator Brama highlighted the different subdistricts within The COR and the differences in opinion on the topic of floor area ratio. He provided additional details on the different colors used and the potential concepts. He stated that the Planning Commission recognized that the City needs to remain flexible in the northwest portion of The COR. Chair Steffen noted that the plan should remain flexible throughout The COR to be open to market opportunities. He asked how the document would be used and who it would be shown to. Economic Dev. Mgr./Assistant City Administrator Brama replied that the document is a roadmap for the Commissions and staff to make amendments to The COR Master Plan and zoning districts. He noted that the final formal adoption would occur through those documents. City Administrator Ulrich stated that this will be a working plan used to review requests that come forward, as the City is still acting as developer. Member Riley asked if the EDA still agrees with their comment on the plan or whether they would like to change that, specifically the green box on page six. He stated that there was a recent developer that came in and said that structured parking would be a deal killer. He stated that flexibility was created in the floor area ratio. Chair Steffen asked how that would play out with the EDA and Planning Commission giving conflicting opinions. City Administrator Ulrich stated that the Council would be the deciding body and perhaps the EDA would like to affirm their statement if that is still the position of this body. Member Hardin stated that the theme seems to allow for different options and opportunities and therefore it does not seem to fit with the theme of the document to require a developer to include structured parking. He asked if the document would read in this manner in its final form, with the highlighted boxes or whether the form would be changed. City Administrator Ulrich confirmed that the format would remain the same. Member Skaff stated that he would like to reaffirm the statement of the EDA. He stated that shared parking works and if his church was forced to build structured parking they would not have been able to be located in that space. He stated that it has been a great success between the church, PACT, and Allina to share parking without the expense of structured parking. Chair Steffen agreed to confirm that statement. He asked when the comment period would be ending. Economic Development Authority/October 12, 2017 Page 2 of 5