City Council Minutes 2019 02 19 - Laserfiche WebLink

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City Council Meeting Minutes February 19 2019 Page 5 of 9 Mayor Pro Tem Lipton asked how the Planning Commission recommendation lines up with the staff recommendation Director Zuccaro stated the Commission added the second condition and added language defining specifically what concurrent means and what is required It notes the triggers that are required to get certificates of occupancy Mayor Pro Tem Lipton stated the requirement of a letter of intent for 30% of tenants may be too low a bar and asked if requiring a lease would be a better idea. Director Zuccaro stated this was offered by the applicant, it was not a staff request. Staff is comfortable with just the first requirement. Mayor Pro Tem Lipton asked the applicant if they would agree to that. McClure stated they prefer as much flexibility as possible. He would prefer not to have it be that stringent, but if that is what happens they would accept it. Councilmember Stolzmann stated the fiscal analysis is important so the City has enough income from development to provide services. In Steel Ranch, the City has multiple projects that need to be paid for including underpasses and traffic signals, the commercial development was to offset some of these costs. She stated she felt the fiscal analysis should have included all of Steele Ranch not just this site. We already gave concessions that were supposed to lead to retail development in this area and it hasn't. Councilmember Stolzmann stated the original approval was not ambiguous. She does not want to allow an option in which the second commercial building might never be built or it be changed to residential She wondered are we willing to forego the construction of the second building She would prefer to continue this discussion to a time when the PUD extension is also ready for discussion It would be beneficial to discuss the amendment and the extension at the same time so we know how long this PUD may be open Councilmember Maloney stated people in the area like this concept and it would be good to move forward He stated the original language was clear that the two commercial buildings be built at least concurrently or before the residential. That is still important along that corridor If we approve this it should be very clear what the intention is. Mayor Muckle stated he can support it with the proposed Planning Commission language He agreed the fiscal analysis should have included the entire area but that was decided when the Council shrank the commercial area in previous approvals. This approval will get this building completed which is good for the community; it a good next step Councilmember Loo stated she understands Councilmember Stolzmann's concerns. We have shrunk the commercial numbers in the area She stated she is sure in 2016 it was clear the residential had to go up with the commercial However, she feels we can approve this without assuming the second commercial site won't be built. Future decisions are up to future Councils; this does not foreclose the possibility it will be built down the road She is concerned there is the potential that 24 residential units go up before the Foundry building is even started, she would like to see the Foundry done first