CCMin_82Mar10_Min/Public_Hearing

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REGULAR CITY COUNCIL MEETING/PUBLIC HEARING MARCH 10, 1982 PAGE 4 that he has entered into an agreement with the City of Columbia Heights in a redevelopment district with tax increment financing and made the following statements: (1) It was necessary to post a $1,000,000.00 performance bond to enter into the agreement, (2) tax increment financing is usually used to develop undesirable properties which on its own would not normally increase in growth, and (3) that rather than the City fore- going the taxes on the area the problem of utilities and streets be solved by a higher and better use for the property. Mr. Gay then stated that Clerk Administrator Barnes had indicated the development would generate $764,262.78 in additional tax revenue and Mr. Chenoweth is talking of $800,000 plus taorth:of taxes Mr. Gay challenged the basis of the projections and explained the basis for his own project- ions, as indicated in the computation presented to Council. He commented on the Hewlett-Packard development and suggested that the City continue with that type of development. L Gus Hard, 1937 Autumn, addressed the trend of the decade, the increase in the percentage of older citizens. He stated that on Autumn 55% of the residents are 55 or older and made the following observations: (1) older persons have reduced mobility, unable to afford automobile, making walking in the neighborhood necessary and questioned where on the development site there would be area for interaction, (2) the trend has gone from the work to leisure ethic, where will the leisure time be spent,. and (3) the development should be ecologically orientated,~not the sweeping aside of a beautiful, heavily treed site. Mr. Hard stated that the statement that everything on the site will be sold is not true. He then commented on the wildlife in the area and that fact that there is very little open space provided in the plan. He also felt that the ponding areas would be attractive to children and would be difficult to maintain. ~~ RICHARD GAY (cont.) GUS HARD 1937 AUTUMN Florian Lauet-,1736 Tatum, stated he felt the proposed plan is a very FLORIAN LAUER bad one which is at the expense of single family homeowners. He was 1736 TATUM of the opinion that R-1 housing would provide more money in the long run than a poorly planned, high density development and stated he had never seen a community go wrong with single family dwellings. Walter Northrup, 1942 Summer, made the following observations: (1) WALTER Mr. Westin must question what do the people want, (2) the developer NORTHRUP constantly changed plans, (3) the solidarity of the citizens in the 1942 SUMMER Task Force demanding a right to the kind of development like the one in the area in which they live, and (4) the group is only look- ing for the rights they would get if they lived in any other community. Ray Garcia, 1906 Prior, stated his concerns in that when the residents RAY GARCIA in his area moved in 26 years ago they moved in with the assurance that 1906 PRIOR the land to the south would be developed R-1. He told of his neighbor- hood being a concerned, cooperative, high quality neighborhood which is now having a plan thrust upon it which would dramatically change the area. He requested that the neighborhood be keptas it is. Frank Irving, 1745 Tatum, questioned whether or not an 18" fence FRANK TRVING could keep children out of the ponding areas. He also expressed fear 1745 TATUM that the development might go into receivership creating the possibility