City Council Minutes 2017 03 14 SP

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City Council Meeting Minutes March 14, 2017 Page 3 of 8 Councilmember Loo noted her concern that the proposed map does not have enough information and can be misleading and scare some property owners and that can have unintended consequences. She is concerned people see the map but not the accompanying detailed information to truly understand it. Mayor Muckle stated it is the job of the Council to make sure the public understands the map and knows the City is not intending to take or condemn property based on this map. Councilmember Loo stated she thinks this is the first time commercially zoned properties have been listed on the map as first tier priorities and that has been concerning to business owners. The Council reviewed the proposed acquisition map. Ms. Moshak noted the information the board based the map on is only open space benefit; they did not look at other information such as zoning or current ownership. Councilmember Stolzmann stated she would like the City to be more proactive in the acquisition of open space in general, through purchase or some other option. Councilmember Leh asked the board to review what they want on the Phillips66 property as clearly the City can't afford an outright purchase. Ms Moshak agreed that in lieu of purchasing the property the board would like a large parcel or lease option whereby the City gets a large portion for open space during the development process. Mayor Pro Tem Lipton noted that in the future the community will rely on this parcel for revenue so it is not likely we can leave the entire parcel as open space. However, if the City could get something better than the ring around the property that Conoco would agree to that would be beneficial. The property is privately owned with entitlements and he is reluctant to let the public think a purchase is even viable. Mayor Muckle stated he would like to see the map drawn to show what is most realistic and note on the map that some of the acquisitions listed may not be total purchases, but rather partial purchases or dedications through the land use process. Councilmember Loo noted that commercial property pays 3.5 times the property tax that residential property pays and to buy commercial property as open space it is taken off the City's tax rolls. She is worried the map will raise the expectations of residents that the City can purchase all of these properties when the City will never have enough money to purchase even the Phillips66 property. Councilmembers noted that some of the properties on the map are located in Boulder County and have already reached their maximum development capacity (such as one