Planning Commission Agenda and Packet 2012 02 09

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Planning Commission Meeting Minutes December 8, 2011 Page 6 of 13 Brauneis asked if anything had changed since the last meeting. McCartney stated there had been no changes. Sheets stated the project feels very different to her. Lipton asked if the 21 residential units in Planning #1 would require a PUD before development. McCartney stated the entire Planning Area #1 will require a public review. Lipton, Sheets and Russell discussed with staff the residential units in Planning Area #1, the advantage of having those residential units and not all commercial, and what the fiscal analysis illustrates regarding the addition of the residential units. Staff stated the use of residential in the commercial area of the site is the current model being used in the Front Range. Staff stated the addition of the residential units does not change the fiscal analysis. There will remain the need for utilities, streets and sidewalks. The cost recovery will remain similar with very limited negative impacts. The commercial units will add a tax base to the site. Russ stated there will be long term maintenance of the park and street. Public Comment: John Leary, 1116 Lafarge Ave, discussed: the fiscal analysis. He stated he is not raising his comments in opposition to the development but as a point to the City to remember it will be 15 years before the city will begin to receive property taxes. He alsostated the fiscal analysis should be made as part of the Comprehensive Plan. Diane Hess, Lafayette resident discussed Hecla Lake and asked for clarification of her concerns regarding the lake. Applicant Presentation: Chad Kipfer, Markel Homes, reviewed Phase 2 as having the following elements: a Commercial area, 421 multi-family units and single family units at the northeast st corner of the property. They plan to start construction in the 1quarter of 2012. Commission questions of applicant: Sheets asked questions about the pocket parks. Kipfer clarified the location and use of the pocket parks within the Phase 2. NOTE: Pritchard left the meeting at 8:05 PM Lipton asked about the size of the homes and the price points for the smallest single familyunits. Kipfer stated the homes will range in size from 1,800 to 2,500 square feet with a price point of approximately $400,000. Brauneis inquired about landscaping around the lake. Kipfer stated the design of dam will determine the final design. He noted there would be a wetland area around the lake and at the dam area.