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Planning Commission <br />Meeting Minutes <br />June 11, 2020 <br />Page 11 of 19 <br />Baukol concludes the presentation with saying that he cannot think of a better company <br />than Medtronic to anchor this development around. He believes this proposed plan is <br />created by the community, it benefits the community, and it provides long-term fiscal <br />stability to the community. <br />Commissioner Questions of Applicant: <br />Howe says that the applicant mentioned that there would be no development costs for <br />the city. He asks if the applicant can speculate on the maintenance costs. <br />Swisher says that they would need to bring Tischler Bise in for that question to answer <br />it appropriately. <br />Howe asks if they think this development will improve the residential and retail portion <br />of the community. <br />Swisher says yes, she very much thinks this is the case. <br />Howe says that regarding the senior center traffic, it has been said that it creates less <br />negative traffic by 75%. It was also said that this would bring highly disposable income <br />to the area. How do those two facts coexist? <br />Tansey says that the senior living residents have some disposable income and time on <br />their hands. They also do not contribute much to the peak hour traffic. The residents are <br />also not usually out shopping and traveling during those peak hour traffic times. These <br />residents would be contributing to the economy but would not be over burdening the <br />traffic. <br />Howe asks if Medtronic would maintain its current location in addition to this new <br />campus. <br />Driessen says that they would only be maintaining the manufacturing space that is in <br />the Colorado Tech Center. <br />Diehl asks what the current assessment is for the level of community support for this <br />proposal. <br />Baukol says that he thinks it is high. He says he has received both positive and <br />negative feedback. He mentions that he is impressed by the public's level of care and <br />consideration, but thinks ultimately that the level of support is there. He says that <br />typically the no's will be more vocal than the yes's, especially during these public <br />hearings. His team has worked hard to address what the development wants as well as <br />what the community wants though. <br />Diehl asks if they agree with the findings of the fiscal analysis. <br />Swisher says that they have not seen the full report yet and have only reviewed the <br />summary tables. <br />