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3/17/2006 The AUAR prepared for the City indicates that Twin Lakes Parkway is designed to accommodate 73,000 daily vehicles. The SRF traffic memorandum indicates that the volume of traffic in the revised City's Master Plan and the PUD would generate up to 11,022 vehicles per day on Twin Lakes Parkway. The Office Retail Restaurant complex shown in the existing PUD on the site would generate about 1476 vehicles per day. The Hotel/Restaurant would generate about 1,560 vehicles per day. There would be a net traffic increase from the hotel/restaurant of about 84 vehicles per day. Clearly, Twin Lakes Parkway is design to accommodate this additional increase in traffic. Impact on Parks, Streets, and other Facilities: The impacts on the streets is discussed in the traffic impacts. With the same access to the hotel as indicated on the City Council approved PUD, we do not expect any additional impacts from this hotel restaurant development. Storm water management is to be address as part of the final PUD development plan and because the impervious surface is less than was approved in the existing PUD impacts will be less. Compatibility of the site plan internal traffic circulation, landscaping and structures with contiguous Properties: The access to the site and the site north of the hotel site is the same in the approved PUD and the proposed PUD. This has not changed and with cross easements for access and parking, to be worked out with the adjoining property owner as part of the Final PUD approval, this will not change either. Landscaping is being done as per city requirements. There is more open space than required by the City and the Floor Area Ratio is less than allowed by the City. The joint parking has the same arrangement as the previous plan. The Master Plan, the Comprehensive Plan and the proposed zoning indicate that the hotel/restaurant use is a compatible land use in a planned business park. If the existing approved land use is compatible as the city Council proclaimed in approving the previous land use, then the proposed hotel/ restaurant use is compatible with the contiguous property. Impact of the Use on the Market Value of Contiguous Properties: We expect the hotel and restaurant to have a market value of $18,000,000. This is probably substantially more value than the previous plan. A Quality hotel on this site will probably increase the market value of the surrounding uses by increasing the vitality of the business park. Impact on the general public health safety and welfare: Adding the hotel realizes the goals of the City's Master Plan more fully in that the existing PUD does not have a hotel in the area where the Master plan contemplates a hotel as part of this redevelopment. The hotel/restaurant will probably add more value to the redevelopment area than the office /restaurant/retail use previously approved. There is more open space and the :