Planning Commission Agenda and Packet 2016 03 10

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Planning Commission Meeting Minutes February 11, 2016 Page 6 of 18 Robinson says no. The signal timings are different. Our traffic engineer has recommended signal timing to optimize traffic without the signal. If the signal is installed, timings would be adjusted. There is nothing to prevent the signal to be installed in the future. Rice asks about the impact analysis on page 29, listing development impact and fiscal impact. Regarding development impact, as I read it, it gives us a synopsis of what currently exists in terms of what has been built out. It says what is projected over the next 20 years based on what could be built given the zoning that exists now. Robinson says yes, with the existing allowed uses and then assuming these design guidelines are adopted. Rice says that existing development is 407 residential units but then it shows an additional 546 potential residential units. Where are these 546 units? Does this include Kestrel? A good portion has already been approved, correct? Robinson says it includes Kestrel development, Coal Creek Station development, the Foundry development, the proposed North End Marketplace development, the Centre Court apartments, and a few currently zoned residential that are undeveloped. Rice says generally, this summary says that net fiscal impact is positive. The only negative is in the area of capital projects fund of about $5 million. What is that? Robinson says the way the model works is that for every new resident and employee projected, it assumes additional impact on capital facilities such as city buildings (City Hall, Rec Center, and Police building). It is streets, trails, parks, and open space. The model is a marginal cost model. It has incremental costs so if it projects enough new people to trigger a new park, it then adds the cost of the new park to the model. With the new residents and employees projected in the first table, it says we will need to make these capital improvements to keep our current level of service with our capital facilities. After we got the model adopted and we saw most developments end up with this capital deficit, it is supposed to be offset by the impact fees we charge. One of the things highlighted is we may need to update our impact fees. We will look at that in the next couple years and do a new impact fee study, and we may raise the impact fees. It should balance that out the capital deficit we see in proposed developments. Rice says we are talking about capital impact city-wide. The capital costs of these improvements such as underpasses, are they included in any of this? Robinson says not specifically. The model uses existing levels of service to project estimated capital costs. It doesn't have specific projects. Some of the improvements recommended here are to improve the level of service such as new trails and a new underpass. It would be considered enhanced level of service. Those are costs not necessarily derived from any additional development. They are costs from existing residents. Moline asks what would that money be, and what are some of the things it might pay? Robinson says the general fund mostly goes towards operational expenses such as staff salaries, daily running costs, utilities, and roads. Public Comment: Suzanne Brandler, 1609 Cottonwood Drive, #11, Louisville, CO Looking at the traffic along South Boulder Road, does the police get to comment on this plan? Does the Fire Department get to comment and review it? I live close to South Boulder Road and I hear sirens and emergency vehicles. I want to make sure they get a chance to look at it. Pritchard says the Police Department, the Fire Department, and basic staff such as Public Works are notified. We have not received anything from the Police Department on this matter. Have we seen a surge in traffic accidents along this corridor? Robinson says no, I am aware of any. John Leary, 1116 Lafarge Avenue, Louisville, CO I want to talk about what City Council said about land uses in this area. I heard them say that they did not want additional residential. This plan has the Special Review Use (SRU) provision for residential at Village Square and part of North End along South Boulder Road. The SRU