03-28-1990 Council Agenda - Laserfiche WebLink

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MINUTES PLANNING COMMISSION March 8, 1990 The Administrator stated that he wanted to emphasize that beyond the first two phases there are no guarantees. There is a phased development plan for the area, however, there are no guarantees. Zender was concerned that he had to bear the inconvenience and cost of the Country Drive improvement. The City Administrator pointed out that the road improvement would proceed without the commercial improvement, pointing out that this is the last section of Country Drive to be improved. Pedersen asked if the residential properties would have been assessed at the residential rate had the commercial improvement not been pending. The Administrator pointed out that Country Drive is a State -Aid road and must be improved to State -Aid standards. Herkenhoff asked what the City can do to help these residents and give them some assurance that they will be included in the development project. The Planner again reported that the Council is looking at deferring that portion of the road assessment between the residential and commercial rate until such time as the property sells as commercial. The Planner also noted that the City could require a certain phase of the development be the next to proceed, although the issue will be whether or not the developer is financially capable of proceeding. Pelstring agreed that the City has no assurances that anything other than the first two buildings will proceed, but pointed out that the City is getting a substantial development of reasonable high - quality. Regardless of whether or not the same developer can continue the subsequent phases, the City will have established a TIF program for the area that can be provided for any developer who is interested in developing this area. Drabik agreed that the TIF program will make the area more attractive to developers. The City Planner pointed out that the value of the four southern properties as commercial has not changed, that Page 18