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Page 1 of 2 AGENDA ITEM – 3A MEMORANDUM DATE: November 2, 2023 TO: Honorable Mayor and City Councilmembers FROM: Dave Perrault, City Administrator SUBJECT: Rice Creek Commons/TCAAP Discussion Budgeted Amount: Actual Amount: Funding Source: N/A N/A N/A For Council Consideration The City Council should consider providing further direction on its vision for the Rice Creek Commons/TCAAP project. Background At a previous worksession, the City Council requested a special worksession on November 2nd to provide feedback on the Rice Creek Commons (RCC)/TCAAP project. This meeting is the day after the Joint Development Authority (JDA) holds its public engagement event. This evening’s discussion is intended to be wide ranging on TCAAP, and to help Council inform Staff of their position moving forward. While Council may want to discuss some of the feedback they received the previous evening, we will not have a formal report on the feedback from the event until after the event’s consultant can put it together. Council should also weigh in on the proposed density scenario put forward by Alatus. Alatus will be present to answer any questions the Council may have and provide additional information on the scenario. Specifically, Council will want to direct Staff if/how/when to move forward on seeking changes to the necessary regulating documents to accommodate the proposed density scenario. Below is a short recap of the proposed density scenario, as well as, a few other high-level items the Council may want to consider for discussion. Density Scenario The proposed density scenario would increase the currently allowed density of 1,460 units to 1,960 units. This would be accomplished by converting the southwest corner of the site that is currently zoned for Flex Office to residential. It would also add some additional housing to the Town Center South. Below is the link of the presentation made by Alatus to the JDA. https://webstreaming.ctv15.org/viewer.php?streamid=6603