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3 <br /> <br />Mr. Tucci said that Oppidan’s argument will be that they are bringing added dollars that are not <br />there today. They will generate those dollars and they’ll be asking that the city and county <br />reinvest those dollars in infrastructure in development that unlocks development on this corridor. <br />Mr. Salzman said it’s speculation and this is not a good time to speculate and plan on <br />development happening. Mr. Grochala said the financing would not be based on peripheral <br />development, but only on the increment brought in by that store. If that store gets built, that’s the <br />cash flow. The risk is if the store’s value doesn’t hold. But a minimum assessment agreement <br />would require that the value of the store not fall below a set value until the TIF obligations were <br />met. Everything would hinge on the issuance of a building permit. Worst case scenario is that the <br />developer defaults and the city would have to levy. However, special assessments always get <br />paid ultimately, but the question is how the bonds are paid in the interim. That’s why the city <br />would only base this on the value of the grocery, not any development that has not occurred. Mr. <br />Tucci said a lender will be involved. Lenders are underwriting tightly and will keep taxes <br />current. Roads and infrastructure will go in concurrently. Mr. Salzman said he likes the plans, <br />and if the city had money for it, he’d support it. Ms. Keller moved to send EDAC’s <br />recommendation to the City Council. Mr. Stranik seconded the motion. Motion passed with <br />Mr. Salzman voting nay. <br /> <br />PROPOSED COMMERCIAL ZONING CHANGES <br />Ms. Divine reported that city staff was reviewing the city’s zoning ordinances and updating them <br />to reflect changes in the draft Comprehensive Plan. One new zoning category is being considered <br />after completion of EDAC’s Redevelopment Task Force report because certain commercial <br />properties north of Main Street that were previously guided for residential and commercial, will <br />not have available municipal services in the foreseeable future. The new Comp Plan guides these <br />areas for commercial. The proposed category called “Existing Business-Future Services District” <br />would allow for reasonable continuation and /or expansion of existing commercial businesses <br />that were established in accordance with official controls in effect at the time. The city requires <br />that all new commercial areas have municipal services available to them. Because that is unlikely <br />on these properties, this proposed ordinance brings them into conformity without having services <br />available. P&Z reviewed this and will have further discussion. Mr. Salzman would like compare <br />this draft with the General Business zoning. He asked to table until further information was <br />available. <br /> <br />OUTDOOR STORAGE CODE ENFORCEMENT <br />Mr. Grochala stated that a truss manufacturer is leasing space in the Apollo Business Park and <br />storing trusses outdoors. In that specific location outdoor storage is not allowed because they are <br />not adjacent to residential property and technically abutting 35W. Exterior storage is really a <br />property value issue and its impact on neighboring businesses and residential areas. The city <br />initiated an enforcement action and has had numerous discussions with the users. The council is <br />not interested in pursuing any changes in the current zoning ordinance to allow outside storage in <br />these areas. There are areas in the city where they could locate outdoor storage. The city should <br />not have to change its rules due to a bad business decision by a company. Ms. Keller asked if <br />they could be allowed to put up an accessory shed to keep them under cover and out of sight. Mr. <br />Grochala said they could add on to the building, but not an accessory structure. Mr. Salzman said <br />a berm screens the trusses from neighboring homes, but not 35W. Mr. Stranik said it is