Loading...
Economic Development Minutes 2006 02-16-06 Paae 1 of 2 APPROVED 4/27/06 ECONOMIC DEVELOPMENT COMMITTEE Thursday, February 16, 2006 7:00 pm City Hall Conference Room Present: Alderman Marry Munns, Chairman Scott Guerard, Wyndham Deerpoint Alderman Joe Besco Dan Harper, Kendall Creek Alderwoman Valerie Burd Jim Olguin, Kendall Creek/Hudson Lakes Mayor Art Prochaska Frank Cortina, attorney Travis Miller Belinda Lies, Kiddie Campus City Attorney, John Wyeth Tom K., Kiddie Campus City Administrator, John Crois Tom Van Bockel, Leo Froelich Construction Lynn Dubajic, YEDC Dan Kramer, attorney The meeting was called to order at 7:00 pm by Chairman Munns. 1. Approval/Correction of Minutes: December 15, 2005 — The minutes were approved. 2. EDC 2005 -01 SSA Tax Policy — This is an amendment to the 2002 -04 Special Tax Bond Policy. The first change was to the Eligible Infrastructure Costs. The bullets were changed. Some things were added or removed. The second change was under the eligible project section. Prior to consideration the developer must demonstrate an advantage to the city. The next change was the policy that an SSA will be considered specific to the project. The annexation agreement has written policy that an SSA is not required by contract, they may request an SSA. The last change was the City would give the highest priority to an SSA that would be paid off at the time of closing or building permit. There was a comment that when the Bond rates go lower than mortgage rates, than an SSA may be a benefit to the homeowner, but it would still be simpler for the Homeowner to have the SSA paid off at closing. This will move on to COW. 3. PC 2005 -27 Kiddie Campus — Special Use — This is for an addition to be built. It is a technicality that this must come before City Council. This got a 6 — 0 favorable vote at Plan Commission. This will go on to COW. 4. PC 2005 -53 Hudson Lakes — Annexation and Zoning — This development is surrounded by Raintree Village, Prestwick of Yorkville, and Windett Ridge. This will be R2 single family homes. There are 231 units with a minimum lot size of 12,000 square feet. The average lot size is 14,500 square feet, with the maximum lot size at 35,000 square feet. The density is 1.65 units per acre. There will be no Town homes. There is a Penman Road extension. Plan Commission voted 6 — 0 in favor of Annexation and Zoning. The developer will talk with the State about the plans for Rt. 126. The plat of subdivision review will come to EDC in March. This is off the agenda for now. Pate 2 of 2 5. PC 2005 -62 2113 Route 47 — Annexation and Zoning — This is an 1- shaped parcel at Rt. 47 and Corneils. The owner would like to annex and zone B3. There is no contemplated use, and no prospective buyer. The current owner does not have the means to develop it. This will go on to COW. 6. PC 2006 -03 Woodstone — Annexation and Zoning — This will be Annexation and B2 Zoning. It will be a high end low impact office facility. It is lined up with Wooden Bridge. The citizen's concerns are about the lighting and the traffic. The roof lines would be like a house with mainly single story buildings. Many of the natural features will be maintained and there will be additional landscaping and buffering. There will be an accommodation for the future widening of Rt. 126. There will be a bike path and some small signs. This will go on to COW. 7. PC 2006 -07 Caledonia Unit 1— Final Plat — This is a segment of the original Caledonia. Wyndham Deerpoint is going to develop this in chunks. There are no changes in the design. Plan Commission voted 6 — 0 in favor of this. This will move on to COW. 8. EDC 2006 -05 Ratos Development/Economic Initiative Agreement for Corneils and Route 47 — This was tabled until the March EDC. 9. EDC 2006 -06 Amendment to the PUD Ordinance — The current ordinance gives the developer no entitlement. This is a drawback because there are some significant costs to go through this process. There would be a new PUD zoning class. Approval of the concept plan would give the developer some entitlement. This change adds another Public Hearing to the process. Unless the developer is told otherwise, they must meet the normal standards of the other zoning classes they will be using. This change also encourages any proposed variances and special uses to be listed in the concept plan. This will move on to COW. 10. Additional Business — Joe Besco said the Economic Incentives have been added to the EDC homepage. 3 companies have acknowledged seeing it and are currently figuring out how they can use it. The city has been commended for this and the ability to plan out projects. Alderwoman Burd would like to have a workshop before an EDC meeting to start a program for small business. It would be similar to the facade program with criteria, and capital being invested. It could be especially important for the redevelopment of the downtown area. The meeting was adjourned at 8:10 pm. Minutes submitted by Laura Leppert. i I� PLEASE SIG IN DATE: MIE BUSINESS pHOHF- # I I � c c► � (9 � 2 r��J � �N � � A M �X c rim �' n � � '3 d - ti - 3 7 J 2, (1 r .15 "o Go Y TT)" 0 Leo FvxItA 63 v "l+' 4 -0- W µ y �D ���- a�Y� I i