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<br />Council Member Capra asked whether reduction of the performance bond would be <br />approved by Council. <br /> <br />City Attorney Hoeft indicated that Mr. Peterson would make a recommendation to <br />Council for approval. <br /> <br />Council Member Capra indicated she is concerned that enough funds be held for Phase I <br />to cover any issues that arise during the construction of Phase II. <br /> <br />City Attorney Hoeft indicated that Staff would handle it. <br /> <br />Motion bv Council Member Broussard Vickers. seconded bv Council Member Lee <br />to aoorove the develooment contract with Jackson Commercial. LLC. <br /> <br />Mr. Mike Carter, 6913 Sumac Court, indicated that he would be concerned with changing <br />the ponds behind his home. <br /> <br />Council Member Broussard Vickers explained that no physical work would be done on <br />the ponds, but the developer is working to remove a flood plain designation. <br /> <br />Mayor Sweeney indicated that this project should not affect the pond. <br /> <br />VOTE: All in favor. Motion carried unanimouslv. <br /> <br />2. Jackson Commercial - Input Meeting <br /> <br />Ms. Moore-Sykes indicated this item was placed on the agenda to gather input from the <br />community concerning the proposed residential townhome development and was noticed <br />in the paper. <br /> <br />Mr. Brian Hanson, 1950 Center Street, indicated that he has lived in this area for seven <br />(7) years and has seen various proposals come and go for this property. He then said that <br />he has spoken to other residents in the area and they are in favor of the townhomes <br />because there are other things that would be allowed that would be more of an impact to <br />them. <br /> <br />Mr. Hanson asked Council to carefully consider rezoning the property because the area <br />residents prefer townhomes to commercial. He then said that the residents were asked <br />what they would like to see and they answered townhomes. This proposal fits what <br />people in the area would like and would be a nice buffer between residential and the <br />industrial property. <br /> <br />Mr. Hanson indicated that supporting this development brings more tax money to the <br />City a lot sooner than it would happen on its own. He further stated that the City could <br />sit on the property as it is and never have a development of this caliber come in. <br /> <br />Page 8 of 19 <br />