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