04/13/2000 EDAC Minutes - Laserfiche WebLink

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Ms. Divine explained this is one of the most restrictive standards, but also the most necessary to create the pedestrian scale environment and streetscape. Mr. Wessel noted that staff would be presenting to the city council tools available that could be considered to provide incentives to development of the Town Center. Mr. Chase stated that EDAC should have input into the design standards because of the general economic concerns. Mr. Milbauer said the bank would consider a revenue bond issue that would allow the city to bond without a general obligation commitment. It was also suggested that the city have a list of individuals and companies in the city that prospective businesses could call if they wanted information about the growth of the city and the city’s attitude toward business. This list could be provided through the chamber. ECONOMIC DEVELOPMENT PLAN Ms. Divine went through changes in the draft plan that included a section on draft comprehensive plan goals for economic development. She said she had reviewed the EDAC goals and action plan to ensure they were compatible with the draft comp plan. She also pointed out three policy recommendations: 1) aggressively pursuing financial options to promote the development of the Town Center as the highest priority commercial site in the city; 2) pursuing a diverse mixture of high density multi-family homes, with an 80/20 mix of market rate and affordable, and a 50/50 owner/renter mix in the Town Center; and 3) adopting a TIF policy update for 2000. Ms. Schwartz’ written comments were reviewed and will be included as an attachment to the plan. Mr. Chase noted that this plan is a dynamic document and will continue to evolve as EDAC reviews and prioritizes sites. Mr. Milbauer moved to pass the plan as a framework for EDAC and to move it to the city council for consideration. Mr. Gorowsky seconded the motion. Motion approved unanimously. Mr. Gorowsky suggested the plan be presented to the council and during the next couple of meetings EDAC prioritize sites and consider two-year action plans for high priority sites. Mr. Milbauer moved to adjourn. Mr. Gorowsky seconded the motion. Motion carried unanimously. Meeting adjourned, 8:35 a.m.