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170 Ms. Bloom advised that the assessment policy addressed traffic: the number of <br />171 trips generated per day, accessibility and usage; with the idea that a 32' wide <br />172 street is sufficient for residential properties. In considering the neighborhood <br />173 business, Ms. Bloom advised that staff was cognizant that those businesses may <br />174 be in a residential or a commercial area. However, Ms. Bloom advised that the <br />175 idea was to establish a threshold; and since commercial property was valued <br />176 higher than residential properties per square foot, the concept of an appraisal <br />177 became critical. <br />178 <br />179 Discussion ensued regarding examples of types of neighborhood businesses that <br />180 could be located on a residential street; whether those businesses were seeking <br />181 additional traffic and the justification for properties not zoned R -1 and R -2 to be <br />182 assessed up to 50% of the project cost versus 25% based on traffic generation, <br />183 unlike a typical home business; with the consensus of Members being that most <br />184 commercial businesses, with few exceptions, could be found on major roadways. <br />185 <br />186 Chair Vanderwall spoke in support of the 50% assessment level for properties <br />187 zoned other than R -1 or R -2. Chair Vanderwall rWted that assessments specific to <br />188 a commercial property (e.g. stoplight at intersection into Rosedale) would be <br />189 billed directly to that business at 100% if specific to that business; but the City <br />190 wouldn't want that to apply to smaller businesses. <br />191 <br />192 Ms. Bloom advised that part of the planning philosophy was for a higher density <br />193 and intensity of uses on major streets, and lower intensity on local streets. Ms. <br />194 Bloom reminded Mem that the 25% and 50% were to serve as a threshold. <br />195 <br />196 Section l.e <br />197 Using past development as an example, discussion ensued on the various <br />198 assessment rates, or lack thereof, at Har Mar Mall and the signal at Victoria Street <br />199 and Larpenteur Avenue, and applicable cost if any to the City. <br />200 <br />201 Section 2 <br />202 Ms. Bloom reviewed the formulas, and their rationale, for various zoning <br />203 breakdowns, corner lots, and the philosophy for addressing the short/long sides of <br />204 lots as applicable without consideration of access points; and commercially -zoned <br />205 lot calculations and the rationale for those as well. Ms. Bloom noted that the <br />206 current assessment policy had been revised in 2001, compiling prior, but separate, <br />207 ordinances. <br />208 <br />209 Section 2.b <br />210 Chair Vanderwall noted that he did not see the actual reference to short or <br />211 long sides in the language of the policy, with Ms. Bloom concurring, and <br />212 noting that she would revise language to include it. <br />213 <br />214 Chair Vanderwall asked that staff come prepared to the next meeting with <br />215 pictures providing examples of irregular- shaped lots. <br />Page 5 of 14 <br />