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Planning Commission Meeting Minutes August 19, 2003 • Page 5 1 parking area noting that this configuration was not their first choice. He further explained that 2 the developer convinced them, that this configuration was the only way to market the site. 3 4 Commissioner Hanson expressed concerns regarding access to the site noting 39`h at Silver Lake 5 Road. He clarified that his concern is that they did not have left turn lanes and that it appears 6 that they do not have enough room. He asked Mr. Shardlow what would control the traffic 7 access. Mr. Shardlow stated that the City and County would review access to the site. He stated 8 that they would present information as it becomes available from study. 9 10 Commissioner Stromgren asked if more detail on the building features is available. He noted 11 that the parkland would be extended and asked if there would be any consideration for a 12 connection to the Three Rivers Park. Mr. Shardlow explained that there would not be a 13 connection due to the residential areas. He further explained that they are considering access via 14 Silver Lake Road. 15 16 Commissioner Stromgren asked for further clarification of the water quality issue. Mr. Shardlow 17 explained that they are working with the Watershed and that they have a good understanding of 18 the standards and requirements. He stated that a fair amount of the site is not being treated at 19 this time noting that it would be part of the treatment process upon completion of the project. He 20 reviewed the treatment process with the Commission. 21 Commissioner Hanson asked for clarification of the City contribution and Associate contribution 9 for the overall project. Mr. Shardlow stated that he met with City Financial Consultants and 24 reviewed the negotiated agreement with the Commission. He explained that it would protect the 25 City and that it would be a `pay as you go' tax increment throughout the project. He further 26 explained that the City would not be issuing any bonds and that they are in the process of 27 seeking another livable community grant to assist with the park. 28 29 Commissioner Steeves asked for clarification of the phasing process of the project. Mr. 30 Shardlow explained that the properties located to the west have not been purchased yet. He 31 explained that Phase 1 would include all bank owned and City owned property along Stinson and 32 reviewed with the Commission. He stated that the City is not in a position to give final 33 development approval until the developer has control of the property. 34 35 Commissioner Hanson asked if Phase 1 would be mostly retail. Mr. Shardlow clarified that 36 Phase 1 would be a combination of retail and housing. He noted that the developer has entered 37 into a purchase agreement to purchase the Cub store and reviewed the agreement with the 38 Commission. 39 40 Ms. Hall clarified that they would be recommending approval of the final plan and plat for retail 41 only, not housing, at the September 16, 2003 public hearing. Mr. Shardlow confirmed. 42 43 Len Pratt, Developer, Pratt/Ordway, stated that the entire team is present and available for questions. He stated that based on feedback from residents in the community, they are considering retail, restaurants, walking areas, parking and a Central Park feature. He explained 46 that the first piece for consideration is the retail/office component and reviewed with the