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I I I Council Meeting Minutes April 28, 1998 Page 4 Public Hearing. continued Motion by Larson, seconded by Samuelson, to WAIVE THE READING AND ADOPT THE RESOLUTION MODIFYING THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO.1, MODIFYING THE TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT DISTRICT NO.1 THROUGH 20 AND DISTRICTS NO. 23 THROUGH NO. 25 TO REFLECT INCREASED PROJECT COSTS WITHIN DEVELOPMENT DISTRICT NO.1 AND CREATING PROPOSED TAX INCREMENT FINANCING DISTRICT NO. 26 AND APPROVING AND ADOPTING THE PROPOSED TAX INCREMENT FINANCING PLAN RELATING THERETO. 5 Ayes - 0 Nayes, Motion Carried. Council Business City Planner Cary Teague presented the PRD and Site Plan Review to replace a portion of the Rice Creek Shopping Center with a 97-unit 129,396 sq, ft. Senior Independent Living facility named Meadow Wood Shores, To accommodate the project, a segment of the Center would be demolished, and a 19,520 sq. ft. portion would be preserved and remodeled, The property is zoned B-3 General Business. A PRD overlay is allowed because the site abuts residential property. Density standards allow for 111 units, and this project proposes 97. The project proposes 173 parking stalls, and of that 97 are enclosed in the lower level. Four outdoor parking stalls must be designated handicap accessible, The building's maximum height would be 50 fUo the peak, and the lower level contains the garage and parking stalls, The Planning Commission recommends that a covenant or deed restriction be placed on the development in the event the property is converted to residential apartment units. The City Forester found the landscape plan acceptable with minor changes and those being that the trees in the parking island would be changed to Green Spire Linden, The Planning Commission recommends additional Spruce trees along the northwest property line to provide screening from the garage. The developer would work with neighbors to address any additional landscape needs. Also, the developer will ensure that runoff from the northwest corner would be brought south to drain into the pond and park. The Park, Recreation, and Environmental Commission recommends that 30 off-street parking stalls be dedicated for park use on Monday-Thursday from 6:00-8:30 p.m. during the months of May-August. Emergency vehicle access is proposed along the western property line, This fire lane will double as a six ft. wide trail for park purposes. The developer would dedicate 22 parking stalls to visitor parking within the facility to compensate for the elimination of an easement for overflow parking for Brightondale on the Meadow Wood Shores site, The City would convey a 20 ft, wide easement for construction and future maintenance of the tunnel that will connect the Meadow Wood Shores and Brightondale facilities. Public Hearing Decertification TIF #24, Creation of TIF #27, TlF #28, Modification of Dev. District. # 1 Report No, 98-089 Resolution No. 98-045 Resolution No. 98-046 Resolution No, 98-047 Council Business Meadow Wood Shores Senior Housing G&P Properties PRD-60, LP-337 Report No. 98-091 Resolution No. 98-048