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In response to Vice Mayor Narum's question, Community Development Director Beaudin reported that <br /> Nearon Enterprises funded the report and that City staff managed all aspects of the professional <br /> services related to the comparison report, and noting that Nearon had no access to the consultants or <br /> the report prior to publication of the City Council staff report for this hearing. <br /> Christy Herron, ESA, provided an overview of the supplemental analysis addressing the purpose of the <br /> supplemental analysis, location of the zone, the initiative project, various scenarios and key differences <br /> between the proposed Johnson Drive Economic Development Zone and the initiative project scenarios, <br /> including employee population. <br /> Katherine Tellez, Fehr & Peers, continued with the report addressing additional key differences <br /> including traffic impacts, evaluation of specific intersections, a comparison of trip generating <br /> characteristics of the zone project versus the initiative project and impacts and mitigation measures. <br /> Ms. Herron addressed transportation funding noting the mitigation measures listed in the environmental <br /> review completed for the proposed rezoning project would also be required for the initiative project. <br /> She addressed noise impacts, air quality impacts and other environmental impacts. <br /> Amy Herman, AHL, explained the difference between fiscal and economic impacts and addressed <br /> assumptions about the retail composition. In terms of economic impacts, she reported that the initiative <br /> project is anticipated to generate a greater negative impact on the existing competitive retail sales base <br /> than the zone. In terms of fiscal impacts, she noted that the proposed zone is estimated to generate <br /> about 20% more revenues to the City General Fund by buildout than the initiative project. Ms. Herman <br /> pointed out differences between the two projects noting that the initiative, as compared to the zone, <br /> would generate lower General Fund revenues and higher General Fund service costs. <br /> Ms. Herron addressed consistency with the General Plan noting that both projects would be consistent <br /> with the General Plan, but that the initiative project would not promote some policies to the extent as <br /> the zone. Additionally, she reported that there are questions about the market feasibility and viability of <br /> the initiative project, relative to the proposed zone project. <br /> Councilmember Pentin asked whether there had been any interest from other retailers in recent <br /> months. <br /> In response to Councilmember Pentin's question, Community Development Director Beaudin reported <br /> that the Community Development Department and the Economic Development Department have not <br /> received any inquiries related to the Economic Development Zone in recent months. <br /> In response to Councilmember Olson's request, Ms. Herron elaborated on policies that would not be <br /> promoted to the same extent as the zone and provided examples. <br /> In reply to Vice Mayor Narum's inquiry, Ms. Herron explained that for the zone, consideration was given <br /> to club retail plus general retail and for the initiative project only general retail was considered. Vice <br /> Mayor Narum noted that under the initiative project, more than the square footage of retail analyzed <br /> could be considered in the zone, as the zone is current proposed.. <br /> In terms of air quality, Vice Mayor Narum asked whether there was any attempt at calculating the <br /> number of miles that would be saved and how that would relate to air quality. Ms. Herron stated that <br /> that was not reviewed as an alternative, but noted the existing baseline takes into account trips out of <br /> the area. <br /> City Council Minutes Page 4 of 7 August 16, 2016 <br />