Planning Commission Agenda and Packet 2008 04 17

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Planning Commission Meeting Minutes March 20, 2008 Page 4 of 8 Phare stated it would shared by each district. Russell requested an explanation of encumbered and non -encumbered. Wood reviewed the public use dedication criteria and the definition for each: encumbered property is that property which is not usable (drainage, easements, ROW) Applicant Presentation: Rick Brew, Representing RMCS, LLC, 726 Front St., Louisville, introduced those individuals involved with the project and identified the property owners. He addressed the questions raised by the Commission: fiscal impact, timeline, connectivity, traffic, par ail system and dedicated open space. Members of the Public: Lipton requested public comment so the applicant could adestions at the same time they address the Commission questions. Bill McDermott, 1331 Hecla Dr. requested the applicant consider a plan fo filing construction traffic. He also discussed: the need for a sound barrier at the trac a increase in traffic and the congestion it will cause not only bn HWY 42 but impact to He Ives access to HWY 42. Applicant Presentation and Commission Questions: Alex Arinella, traffic engineer, discussed the concerns br• forward by McDermott, Tenglers concerns with traffic and its relationship to Indian Peaks in ette. Pritchard asked if movement off Hecla Dr. should be restricted. Arinella stated it is a poss Tengler discussed the limits g HW ` and if a light at Paschal would help slow down the traffic. Russell inquired abou ` ` e distance .etween Hecla and Paschal Dr. Arinella stated the distance is approximately 1/2 mile. He also stated a light would have some impact on the speed. Tengler addressed ques ins to EPS. Josh Burch, EPS discussed the time and revenue source relationship to building permit fees and impact fees aw • the ratio of assets to revenue. Lipton addressed questions to Brew regarding: staging of construction traffic, homes next to the RR tracks, street lighting, price points and how they determined the phasing plan. Brew stated they would consider the staging of construction traffic at the time of construction. He illustrated the berms between the RR tracks and the homes with a slide from a previously used power point presentation. He stated they would be willing to provide street light features to demonstrate the use of shielding to shine to street instead of into homes. The price of the homes will probably range between $200,000 and $700,000 depending on the house type. • Multi -family - $200,000 (1,000 SF) • Premium Multi -family - $250,000 - $350,000 • Townhome - $250,000 - $450,000 • Single -Family (alley load) $375,000 - $500,000