09-26-2022 City Council Packet - Laserfiche WebLink

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CITY COUNCIL WORK SESSION DRAFT 133 better than the previous proposal, he is okay with dedicating retail space, and although he 134 doesn't favor the three stories he understands the realities of development. 135 Councilmember Ruhland concurred. 136 137 Mayor Rafferty said he sees a dramatic improvement from what was brought forward 138 previously. Points important to him are being hit. 139 140 Mr. Marco noted that tax increment financing is a subject that he'd also appreciate 141 discussing. Mayor Rafferty responded that he doesn't have enough information to 142 discuss that at this time; he understands he will be hearing more about elements such as 143 needed cleanup. Director Grochala noted that the residential property acquisition costs 144 compared with the value of the same land for this development may be a pressure point. 145 Mr. Marco said they could put together a list of eligible costs for counsel and council 146 consideration. The estimated development cost of this project is estimated at over $30 147 million. 148 149 The developer asked for some clarification on process moving forward. The council 150 suggested that moving in a standard fashion, including the advisory board process, is 151 envisioned. 152 4. Villas on Vicky — City Planner Larsen reviewed a PowerPoint presentation that 153 included information on the following: 154 - Previous council discussion on a concept plan (details included in staff report, 155 including PUD flexibility); 156 - PUD Concept Plan Map — reviewed; 157 - Staff Comments — not negative on villa product; PUD needs to be give/take and what's 158 the public value; open space discussion. 159 160 Ms. Larsen noted that the developer is looking for more direction and commentary from 161 the council. She recalled that the council was going to look at other products done by this 162 developer. 163 164 The developer showed a new paper plan proposing 13 units with one exit onto the new 165 Vicky. Lots are 65 feet wide at the setbacks; it includes a 28 foot wide private road. 166 167 Planner Larsen noted that staff has not seen or reviewed the new proposal but from what 168 she understands, it would not meet the City's density requirements (requiring 4 — 6 per 169 acres). 170 171 Mayor Rafferty asked the developer if there could be more information on meeting 172 density requirements. The developer then showed a paper plan with 20 units. 173 174 Councilmember Lyden spoke in favor of the lesser units; he doesn't want to get hung up 175 on the number but would like to focus on creating a nice neighborhood. 176 4