Agenda - Council - 03/08/2005 - Laserfiche WebLink

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and drainage plan is generally acceptable with the revisions outlined in the City Staff Review Letter. She indicated the landscaping plan is acceptable. The proposed development is a direct result o f a Tax Increment Financing initiated project. Associate Planner Wald indicated the Planning Commission reviewed the site plan at their February 3, 2005 meeting. The Planning Commission recommended that the City Council approve the site plan contingent upon compliance with City Staff Review Letter dated January 28, 2005, revised February 18, 2005. Councihnember Elvig inquired if this is a fairly Small building for this lot in comparison to other spaces and other projects. Associate Planner Wald replied tlfis project is at 14 percent lot coverage, which is average for a TIF project. There have been many projects with 10 percent lot coverage. Councihnember Elvig commented on the imPortance of maximizing the property and the available space to get a return on the TIF financing. Associate Plmmer Wald indicated staffwas excited to see a two-story office building and feels it suits the property well. Cotmcilmember Pearson inquired if there areprOVisions for sidewalks in this area. Associate Planner Wal.d replied she does nOt believe there are sidewalks planned in this area. She explained the EDA will be drafting a memo to the Park Commission to discuss sidewalks and trails in industrial parks. Motion by Councilmember Cook, seconded by Councilmember Pearson, to approve the proposed site plan contingent upon compliance with City Staff Review Letter dated January 28, 2005, revised February 18, 2005. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Cook, Pearson, Elvig, Jeffrey, OIson, and Strommen. Voting No: None. Case #7: Request for Site Plan ReView; Case of Village Bank Associate Planner Wald explained Village Bank submitted a site plan for the development of a permanent banking facility on the iproperty!located at 7125 Riverdale Drive. The City granted an interim use permit to Village Bank on September 21, 2004, allowing the applicant to install a temporary modular office building on the subject property to operate a bank until a permanent banking facility is constructed. :The site plan is proposing to construct a 6,000 square foot banking facility. The subject property is two acres in size and is zoned B-2 Highway Business; banking facilities are a permitted Use in this district. She advised the site plan is exceeding all required setbacks. Lot coverage has been calculated at 7 percent, which is under the 45 percent City c°uneil/February 22, 2005 page :IOof 31