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1 Manager Proposes Holding Up Final Rezoning Reading <br /> 2 Mr. Childs suggested another process whereby the Council could pass the , <br /> 3 first two readings of the Rezoning Ordinance, leaving the third to be <br /> 4 passed after the City has come to an agreement related to tax increment <br /> 5 funding and final design when the building permit is ready to be issued <br /> 6 for a project the City bargained for. The City would also have a <br /> 7 specific redevelopment agreement with the developer. He added that <br /> 8 conditional zoning was another issue being considered in the <br /> 9 Legislature right now and the city wouldn' t know for a couple of weeks <br /> 10 just what it was going to be allowed to do relative to conditional <br /> 11 zoning. <br /> 12 Mr. Hoium said that would be no problem for Evergreen, who <br /> 13 specifically wanted the zoning predicated on this particular project. <br /> 14 "North End Study" Doesn' t Support Limiting Development to Single Family <br /> 15 Homes <br /> 16 Mike McGinn, 4021 Fordham Drive, asked for the above document, which <br /> 17 the City Manager brought from the front offices. Mr. McGinn indicated <br /> 18 disappointment not to find the document supporting 18 to 20 single <br /> 19 family dwellings on that site, perceiving pilings might be one option <br /> 20 for such a development. <br /> 21 Keith Gordon, 4012 Fordham Drive, commented that it took less grading <br /> 22 for single home dwellings than for townhomes. <br /> 23 Hal Rodgers , 4011 Fordham Drive, indicated he understood the Count <br /> 24 and State had been paying to haul that fill into that site and it now <br /> 25 sounded "quite ridiculous" for the City to have to subsidize the fill <br /> 26 removal. He said he had heard the City planned to put a park in that <br /> 27 area at one time. He also questioned whether there would be enough <br /> 28 space for parking on the site, which, without adequate spaces for <br /> 29 visitors , he said could create traffic blockage on the streets. <br /> 30 Mr. Hill explained the aerator system which would keep the bond from <br /> 31 becoming stagnant and devices which would be used to protect that <br /> 32 equipment during the winter to Mrs. Morris Hall, 4020 Fordham Drive. <br /> 33 He said the generation of the pond would be the responsibility of the <br /> 34 homeowners association. <br /> 35 The process of tax increment financing was explained by Mr. Childs for <br /> 36 the benefit of John White, 3404 Silver Lane. He said the Council has <br /> 37 to justify the use of these funds, but in this case, he perceived that <br /> 38 would not be hard to do considering how long the property had <br /> 39 remained undeveloped and the condition of the subsoils. He also said <br /> 40 he perceived the Council was very ' conservative when it came to this <br /> 41 type of funding, but would prefer having the site developed for owner- <br /> 42 occupied townhomes rather than condos or apartments, which could be <br /> 43 built there under the multi-residence classification the Comprehensive <br /> 44 Plan has envisioned for the site. The Manager pointed out how the <br /> 12 i <br />