CCMIN081396 - Laserfiche WebLink

potential development. Staff believes the situations are not similar and therefore different approaches were necessary. As to the properties fronting the "S " curve donating the land, there are problems with the approach. Staff believes traffic generation is a better approach than frontage on the road. If a property owner is to be charged some amount by requiring donation of land, the parcels that front the roadway have unequal amounts of land to be donated. Some parcels sit behind other parcels and have no frontage. Staff did not feel that issue could be resolved short of a specific plan when the level of infrastructure is finally determined and the impacts of each property are known. In the short term, staff does not feel that formula could be used. Mr. McKeehan had one other problem with the staff approach. They are saying 69 % of the traffic from Ruby Hill will use this road, therefore Signature should pay 69% of the cost. Signature Properties built Vineyard Avenue in front of Ruby Hill and 15 % of the Vineyard Corridor will use that road. Does that mean Signature will be reimbursed 15%? Staff said maybe later. That is the problem. "Maybe later" when you are putting out a million dollars is not a good answer. In addition, the reimbursement agreement only lasts ten years and at the rate the Vineyard Corridor is developing, that may not be enough time. Ms. Mohr indicated there was a figure that traffic on Vineyard had increased about 25 % to 30% to date. How many more units are expected to sell between now and next Spring? Mr. McKeehan did not know off hand, but that information had been given to staff earlier. He estimated about 65 units. Ms. Mohr asked how long it would take to construct the "S" curve improvements. Mr. McKeehan said about four months. They needed to have started in July to get the project complete before the rains. They are also concemed that parts of the landfill will be discovered. They could start in August, but were not sure the project could be completed in time. Ms. Mohr felt if the project were not started now, it would be April 1997 before it could be started and there would be about a year from now before the road is completed. Ms. Michelotti referred to the costs of acquisition from properties that are not developing. What happens if that property owner decides to develop after the specific plan is completed with regard to dedication of land vs. reimbursement? Mr. Lum indicated that after the specific plan is approved, staff would bring the reimbursement agreements back to Council for reconsideration based on what has been approved and would further consider the entire Corridor as one piece and review the issue of frontage contribution. Staff can't do that now, because it is only looking at pieces here and there. Once the entire area can be considered there will be a clearer picture. 08/13/96 -9-