2018.06.05 WS Minutes - Laserfiche WebLink

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Councilmember Jacobsen asked if this project would be one TIF district. Mr. Aarsvold stated this would be the case, noting all parcels would be combined into a redevelopment TIF district. Councilmember Allen commented on the hybrid approach and noted he was pleased the two developers were well known in the community. He stated he was encouraged by the work the City has done on this redevelopment project to date as this site would provide new housing types for New Brighton residents. Mayor Johnson indicated it was important for the Council to consider how to provide housing for New Brighton residents to be able to age in place within the community. Councilmember Jacobsen questioned if the City would pursue a joint Purchase Agreement with the developers. Gundlach anticipated two separate agreements would be pursued, one for Pulte and one for Dominium. She explained it would be important to note both parties would have to understand this was a planned unit development. Lotter stated once the legal terms have been laid out, the other terms could be addressed. Mayor Johnson asked what other developments Dominium had completed in the community. Gundlach discussed several developments Dominium had completed in the community. Councilmember Dunsworth stated she was very pleased by the proposed project, especially with the fact that it could be paid off in eight years. Councilmember Allen commented he would like to understand more about the proposed affordable units and what level they would be of the AMI. Councilmember Dunsworth indicated she would like more information on the townhomes and how they would fit next to the proposed rental. Gundlach explained Pulte was fully aware of the development Dominium was proposing and this has not deterred their interest. She reported Dominium's developments were very high quality. Mr. Aarsvold commented further on the potential AMI rates that have been used for other developments. Mayor Johnson encouraged Councilmember Allen to speak on behalf of the City Council and their goals, and not just himself when addressing the EDC. Councilmember Allen stated he was very clear when speaking to the EDC, he prefaced he was offering his opinion and was not speaking on behalf of the Council. Further discussion ensued regarding affordability ranges. Councilmember Dunsworth indicated she was in favor of allowing New Brighton residents to have first crack at the senior housing. Mayor Johnson commented she knew the Council had discussed this, but had not made a final decision. Councilmember Dunsworth stated she would prefer to look at New Brighton's needs with respect to affordable and senior housing. Lotter asked if the Council supported pursuing the hybrid concept or would the Council like to pursue another option. He reported this was a relatively small in fill site and not all of the City's goals could be met through this single redevelopment project. He commented future development projects could be pursued by the Council with these developers in order to achieve all of the City's goals.