10-12-88 Council Minutes - Laserfiche WebLink

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MI~IUTES City Council October 12, 1988 Country Dr•, a mar•ket analysis prepared, this will compensate the developer~ for the Relocation extra steps that will be necessary to put a pr•oject together on the site. (Cont.) Pelstring reported that the Economic Development Committee has considered either retail, office, or hotel/hospitality development for the Country Drive property. The marketing analysis firms will look at the demand features of each use and if there is an immediate market that will support such development. The report will give the likelihood of success of each use, and this is valuable information for a developer. The report would also be needed by a lender~ for a development, and would be information that tenants of the site would want as well. The City Engineer r~epor•ted that another idea that has been suggested is if Country Drive is lower•ed and Nadeau Road eliminated, that the Qurke Lane extension be located adjacent to the Water Works property. This would free up mor•e land for development along Country Dr~ive. Scalze pointed out that there ar~e r•esidential homes on the southern end of the property, and pointed out that if a large developer is not attr~acted, these homes could remain isolated. Fahey did not feel the City should spend any money at this time surveying the property adjacent to the Water~ Works for possible extention of Burke Lane. Fahey stated that he did not think the proper~ty owner that would be adjacent to the Bur•ke Lane extension would want the road extended along the Water Works. Collova reported that there is a property owner in this ar~ea who is waiting to build until the issue of where an extension of Burke Lane would be located is decided. Blesener did not believe the three single-family homeowners on Country Drive could be left out of the pictur~e, pointing out that Countr•y Drive starts to rise in front of these homes, and if the r•oad islower•ed, one or two of the homes would have to be removed. Fahey pointed out that in that case, placement of the Burke Lane extension adjacent to the Water• Wor•ks would be feasible. One of the Country Drive single-family homeowners stated that unless all of Country Dr•ive were cut down, he felt the project should not proceed. The City Planner informed those present that the pr•oposal for• cutting down Country Dr•ive is not the only pr•oposal that the City has studied. The City has also looked at relocating Country Dr•ive to Condit, but the Economic Development Committee did not think this feasible because of the cost involved and the impact on the residential neighborhoods to the west. The Mayor r~epor•ted that the City has received a letter dated October 12, 1988 from Marguerite A. Ber•an, 200 6urk Lane, outlining her views on the Country Drive proposal. Page -4-