06-10-97 Council Minutes - Laserfiche WebLink

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MINUT~S CITY COUNCIL JUNE 10, 1997 best lon~-term solution. Morelan pointed out that there have been comments on the bad soils in the 1rea, but pointed out that Slumberland was able to develop in the area. Morelan felt the decision was strictly long-term or short-term, and in his mind I~~d~istrill-Parl< zoning was the best long-term soiutiou for the 1re1. Fahey stlted that one of his concerns is how nnich lon~er tl~e City has to wait for the property to be tleveloped. Pahey stated th2t he would agree if the City had two proposals side-by-side, one for an L~dustrial-Park development and the other for a residential development, the Industrial- Park development would be the hi~hest and best use. I'ahey indicated, however, that he q~iestions tl~at the soils in the lrea can support a high- quality Industrial-Park deve(opment. Pahey indicated that he did not suppoR spot zoning. F-towever', there has been no one beating down the door witl~ industrial development proposals. Fahey felt that from a tax generatiou standpoint, the difference Froin industrial to twinhomes was noC great. Fahey noted that there are iss~ies of screening to be resolved, but pointed out that the residents ofthe surrounding neighborhood support the rezonin~. Morelan stlted that he undeist~~~ds the feelings of Yl~e nei~hbors, but pointed out that aIl properties in the City cannot be developed as residential. There need to be 1 b~lance. Morelan felt that there was a substantial difference in the amount of taxes an industrial development would ~enerate versus residentill, pointin~ out ~ potential difference of between $150,000 and $371,000 in gross t~xes, oPwhich the City ~ets 15%. Morelln }~ointed o~~Y chlt the question is whether or not the City is willing to wait for an ind~istrial proposal. No one Ia~ows how long ChaY wait might be. LaValle pointed out th~t the differences in the amount of taxes generated would lii<ely be lessened since it is probabie that an industrill development would require TIF lssistance. Pedersen agreed that because ofthe soils TIF assistance wou(d lil<ely be requested. Tal~ey pointed oue Yhat when the City 6rst adopted tlie Comprelie~~sive Pl1n, there was no pari< llnd in the City. At that time, property was rezoned for parl< which was an ~ctio~~ resulting in the rezoning fi~om the hi~hest and best use to P~iblic. Pahey stated that Chis is 1n exam~Ie t1~1t there are many different reasons why decisions 1re made to rezone from the highest and best use_ Fahey s~~g~esCed that if someone had eome in an proposed an aparhnenC development for this property, Che ~nltter would not have gotten beyond Che concept stage. F~hey felt thaC Che twinhome development proposed was a good transition fiom I~~dustrial;Park on the north and tl~e parl< ~roperty on the so~iYh. T~hey felt the twinhome 3