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01/14/21
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the Public Improvement Revolving fund. He stated that it could also be seen as something that <br />could attract and incentivize development and be funded through TIF. He confirmed that some of <br />the improvements would be funded through private development. <br />Deputy City Administrator Gladhill noted that funds, such as park dedication, cannot be used for <br />road improvements and asked staff to provide additional details. <br />Parks and Assistant Public Works Superintendent Riverblood used the Affinity project as an <br />example, noting that project paid park dedication fees of approximately $375,000. He stated that <br />when a private develop pays the park dedication there is a connection between those fees and the <br />related demand, in this case park improvements in the COR. He stated that both the Affinity and <br />Sapphire projects have paid park dedication fees that should be used to fund improvements in <br />Municipal Plaza. <br />Member Cords stated that he is not suggesting that the City not meets its obligations, but this looks <br />excessive. He commented that the pump building treatments seem excessive as it is just a pump <br />building. <br /> <br />Member Riley commented that the infiltration basin allows all of the properties in the COR to fully <br />utilize their land explaining that one central treatment location was provided rather than requiring <br />all of those properties to provide their own water treatment on their individual sites. He recognized <br />the comment that this seems excessive and noted that other comments are made to that regard but <br />on the other side there are comments that this is exactly what other residents want. He stated that <br />the attempt is to try to find the balance between the two sides, which is perhaps beyond the purview <br />of the EDA. <br />Member Heineman asked if the commitments made to developers were made by City staff or the <br />City Council. <br />Parks and Assistant Public Works Superintendent Riverblood replied that every development goes <br />through multiple Commissions and then the City Council for review and approval. <br /> <br />Member Heineman stated that it sounds like the City has made some commitments and it has taken <br />longer than agreed upon. He stated that it would be nice to see things go forward that were <br />committed to. <br /> <br />Deputy City Administrator Gladhill stated that there were not specific timelines identified for the <br />improvements. He noted that this plan solidifies those plans so that the improvements could move <br />forward. <br /> <br />Chairperson Steffen asked if there is a timeline involved in this process. <br /> <br />Parks and Assistant Public Works Superintendent Riverblood replied that some of the elements <br />within the document have been underway for some time beginning in 2012. He stated that this <br />process refines those elements further. He stated that this plan is timely as the streetscape and <br />design plans need to be agreed upon for that the Sapphire Street improvements could move forward <br />Economic Development Authority/ January 14, 2021 <br />Page 10 of 14 <br /> <br />
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