Laserfiche WebLink
4. EDA BUSINESS <br /> 4.01: Consider Purchase Agreement for Harvest Estates 2"d Addition (former Municipal <br /> Center); Case of Meadow Creek Builders <br /> Economic Development Manager Sullivan presented the staff report. <br /> Chairperson Steffen asked how this site concept compares to the previously proposed concept. <br /> Community Development Director Gladhill explained that the lot sizes would be slightly smaller <br /> with 65-foot-wide lots rather than 80-foot lots. He stated that the product would be detached <br /> townhomes with an HOA maintained area. He noted that the Planning Commission would flush <br /> out the details in terms of zoning. He summarized that there would be slightly smaller lots to <br /> provide the developer with three additional lots. <br /> Chairperson Steffen noted that this proposed price is much better than the $10,000 proposed by <br /> the previous developer. He asked if staff has any idea how the Planning Commission will react <br /> to this proposal. <br /> Community Development Director Gladhill noted that the Planning Commission will review this <br /> concept the evening of December 6, 2018, therefore he does not know how they will react. He <br /> stated that there is another development in the area with 70-foot-wide lots. <br /> Member Hardin stated that there was notification provided to adjacent property owners and <br /> asked if there has been any input from residents. <br /> Community Development Director Gladhill stated that it is a bit early in the process for input <br /> from the public. He stated that the policy discussion tonight for the Planning Commission would <br /> be how they feel about 65-foot lots. <br /> Economic Development Manager Sullivan stated that moving the Purchase Agreement forward <br /> and getting it executed gives some certainty to the developer to be able to move forward. <br /> Chairperson Steffen asked if the property was listed after the last deal fell through and if there <br /> were other interested parties. <br /> Economic Development Manager Sullivan stated that the property was re-listed and there was no <br /> other offers from other parties. <br /> Member Hardin asked if there is an estimate for the cost of the fill that will be needed. <br /> Economic Development Manager Sullivan stated that engineering staff reviewed the information <br /> the estimated price for fill provided by the developer is correct. <br /> Motion by Member Burandt, seconded by Member Kanaventi, to recommend to City Council to <br /> approve the Purchase Agreement for Lot 25, Block 1, Harvest Estates. <br /> Economic Development Authority/December 6, 2018 <br /> Page 2 of 7 <br />