2000/02/09 Council Minutes - Laserfiche WebLink

February 9,2000 Werdk Johnson,Reid Middleton,and representing the applicant,explaired that the layout is preliminary.In order to make the property competitive,flexibility a seeded.The open space is substantial.He stated that there have been noise They have tried to minimize Nose impacts.There is a very large buffer from the core area. The 600 foot setback was epecifiwlly to address impacts to the surrounding properties. All furore pmjecte will have N go through the review process.At present there are no proposals.Also they will have to comply with the noise ordinance.He emphasized that there is waiting to move Cato this site,especially the core area.This overlayzone will make the property more marksmbk and give flexibility to potential property buyers. Couacilmember Gipaon questioned if there is a standard for the elope when the property is handed over to the City? Ryan Saes answered that the 2:1 slope issue k governed by the Department of Natural Resources. The remaining technical standards are City staff requirements. Councilmember Simpson had questions regarding the security bond requiremrnt and Lots 21 and 22 as set aside parcels. John Kagan,special counsel for the City,explained that the City will get parcels 45A,B and C.The set aside parcels pans 21 and 22)valued at$3.4 million and or security bond are to insure that if the City does not receive the propem in a condition that it can be developed then they can sell the set aside parcels and proceed with the property preparation. Mayor Hansen stated that staff concluded that the set aside parcels 21 and 22 as potential security to the city were more advantageous than other parcels. Councilmember Simpson questioned if lots 42 end 43 could be included in the proposed park property. CAA tangos responded that the City did request that;however,CSR Associated just couldn't give the City any more land. SI 1