Agenda - Council - 05/22/2018 - Laserfiche WebLink

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maintain them and the landscaping and open spaces. There would also be public trails through the site. Staff hosted a public workshop regarding the project on February 1, 2018. Neighboring landowners attended the meeting and raised questions regarding dewatering of the wetland, utilities, infrastructure upgrades, and mitigating the impacts to surrounding property owners. The Planning Commission was introduced to this topic on March 1, 2018 and again on May 3, 2018. Discussion Tonight: Estimates from the Engineering Department and the applicant's engineer, North Pine Aggregate, estimate $300-$350 per linear foot for the paving which includes sidewalks, sewer, water, and a contingency of 25%. There will likely also be issues that arise during the planning process due to the number of wetlands onsite. At 1,000 linear feet, the project would cost approximately $300,000 - $350,000 including contingency. Staff would like to discuss three possible funding solutions for the upgrading of Potassium Street: 1. 1/3 paid by applicant, 1/3 paid by City, 1/3 paid by assessments (—$120,000 each) 2. 60% paid by applicant ($210,000) and 40% paid by City ($140,000) 3. No City contribution (applicant pays $350,000) Staff notes that these are estimates, and that actual paving costs cannot be determined without a full wetland delination and engineering plans. Currently, the wetland delineation for this project is not complete at this time. This will need to be completed for a complete application. Staff notes that this road is not a collector road and that strictly single-family residential projects typically pay 100% of development costs. Additionally, while this project is not an economic development project, it would be improving a gravel road, reducing regular maintenance costs. Funding Source: Staff is handling this portion of the review as part of normal Staff duties. The Developer is requesting assistance with improvements to Potassium Street and would like feedback before submitting a formal application. Regarding the requested cost -share for Potassium Street, Staff would only recommend the following two (2) alternatives. Staff would not recommend a cost split of 60% City, 40% Developer. The recommended alternatives (if there is to be a cost split) are as follows. 1. 33% Developer, 33% assessed to other benefiting property owners, 33% City. 2. 60% Developer, 40% City (in the event there is lack of support from other benefiting property owners). Recommendation: The Planning Commission is generally supportive of this updated concept, with changes outlined in the minutes from the May 3 Planning Commission Meeting. Of key discussion, the Planning Commission recommended elimination of Lots 8 and 9 due to lack of lot depth and impacts to wetlands. Action: No action requested. The intent is to provide high-level direction and discussion so that the Developer can make an informed decision whether or not to move forward with the project. Attachments Site Plan Site Plan Site Plan Site Location Map Attorney's Memo Public Purpose Letter