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<br />Snyders Report <br />May 2, 2005 <br />Page 2 <br /> <br />Parking: The area of the proposed building is 5,975 square feet. Of that amount, <br />4,045 square feet would be devoted to general retail usage. The parking <br />requirements for a general retail use is one space per every one hundred square feet <br />of retail space plus one space per employee. Assuming there would be no more than <br />six employees on any given shift, 41 spaces plus 6 spaces would be required, totaling <br />47 spaces. The site plan indicates that 48 stalls would be provided, one more than <br />the minimum. The dimensions of the individual stalls, including the parallel stalls <br />along the east property line, satisfy City Code requirements. The number of <br />“accessible” stalls shown on the plan complies with ADA requirements. <br /> <br /> <br />Discussion: <br /> <br />The Snyders redevelopment plan would divert all stormwater to proposed infiltration and <br />retention ponds on City land to the east as shown on the second attached exhibit. Staff had <br />envisioned such an arrangement when the City was considering acquisition of the property. <br />(Refer to the third attached exhibit.) There has been some discussion with Snyders to over- <br />size the pond in order to accommodate potential run-off from the adjacent public works area <br />(which currently has no stormwater management controls) as well as run off associated with <br />the County Road 10 corridor improvement program. The City Council would ultimately need <br />to determine if this would be the best use of the land which is presently green space behind <br />the baseball diamond. <br /> <br />In early discussions with Snyders representatives, staff had suggested that there could be an <br />arrangement that would allow for the ponds to be located on City land at no cost to Snyders <br />if they would oversize the pond construction for City run-off. In return for the ability to site the <br />ponds on City property without having to acquire the land, staff had suggested that Snyders <br />construct a trailway along their County Road 10 frontage and continue the installation <br />southeast to Edgewood Drive, a distance of approximately 1,290 feet. The estimated cost to <br />install a ten-foot wide bituminous trailway is about $20 per lineal foot. Thus, the probable <br />cost to Snyders to install the trail to Edgewood would be approximately $26,000--$6,000 for <br />the Snyders segment and $20,000 to cover the segment adjacent to the City’s property. <br />Snyders representatives agree to a trail adjacent to their property but are opposed to paying <br />for a trail alongside the City’s property. <br /> <br />That being the case, staff would thus recommend that the City—if it would even consider <br />such a siting arrangement—enter into a long-term lease agreement with Snyders that would <br />compensate the City based on a fair market value assessment. The City Hall site has a per- <br />square foot value of $6.09. In comparison, the land value of the Snyders site is $8.76 per <br />square foot. (It could be argued that the “value” of the land to be used for ponding should be <br />based on the value of the land for which the ponds serve.) Assuming the ponding area is <br />15,000 square feet, an appropriate compensation due the City might amount to $91,350 on <br />the low side and $131,400 on the higher side. <br /> <br />The City Council should provide some guidance to staff as to what it might consider <br />appropriate and under what conditions (if any) the proposed development would be <br />supported.