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As previously noted the Comprehensive Plan allows for 8.0 to 15.0 residential units per acres on <br />the site. In addition the City's housing component of the Comprehensive Plan does provide for a <br />density bonus and fee reductions for development projects that achieve specific goals in the <br />Comprehensive Plan. <br />Staff is requesting EDAC input on the receptiveness to density increases and/or potential fee <br />reductions to provide some guidance to the developer as they continue to evaluate their pro <br />forma. Consideration should also be given to what the City would receive in exchange for any <br />flexibility or assistance granted. For instance the developer has already been informed that the <br />City would expect a higher exterior architectural standard than what is currently required. <br />EDAC CONSIDERATION <br />Should the City consider the use of density bonus and/or financial assistance to facilitate <br />redevelopment of Lake/Main area to qualifying proposals? <br />ATTACHMENTS <br />1. General Location Map <br />2. Land Use Map <br />2 <br />