Laserfiche WebLink
Regular Planning Commission Meeting <br />Minutes – Wednesday, June 4, 2014 <br />Page 9 <br />traffic using the street as a cut-through, which was an existing issue as well, but the <br />405 <br />addition of 3-4 additional homes would not create any great fluctuation based on <br />406 <br />averages. Mr. Culver noted that while there were exceptions, it was surprising how <br />407 <br />consistent reality was with those models used for traffic studies. <br />408 <br />At the request of Member Murphy, Mr. Culver confirmed that no flags had been raised <br />409 <br />related to additional traffic; with collector streets typically having 1500 vehicles or more <br />410 <br />per day; and anything below that was considered to be not problematic. <br />411 <br />At the request of Member Murphy, who opined that traffic counts on County Road B had <br />412 <br />significantly changed before and after the I-35W bridge collapse; Mr. Culver concurred, <br />413 <br />further noting that, with discussions related to the County Road B Pathway installation <br />414 <br />later this summer, a dramatic drop in traffic volumes was noted, with his recollection of <br />415 <br />current volumes around the 2,000 range. <br />416 <br />Specific to home values, Mr. Cheney noted that at the open house held by Mr. Mueller, <br />417 <br />Mr. Mueller indicated that the lots would sell for about $350,000 or more each; and <br />418 <br />questioned if that was still accurate. <br />419 <br />Off microphone from the audience, Mr. Mueller questioned the validity of that statement <br />420 <br />and/or understanding. <br />421 <br />Mr. Cheney opined that $250,000 was the maximum anyone had ever received before <br />422 <br />the real estate bubble collapsed; and if the basis for this development was based on <br />423 <br />those kinds of numbers, he questioned what would happen if they were not achievable <br />424 <br />and what would happen to the subdivision; or if the lots were completed, the ponds <br />425 <br />installed, but no houses built, or the development essentially bankrupted. If the property <br />426 <br />potentially went into bankruptcy, or was sold to the lowest bidder, Mr. Cheney opined that <br />427 <br />it would not be good for the neighborhood. Mr. Cheney referenced a home that recently <br />428 <br />sold on the corner across from his property that was purchased for $250,000, even <br />429 <br />though it was put on the market at $800,000 before the crash. Mr. Cheney questioned if <br />430 <br />the neighborhood could support $1 million houses in general, other than one rather <br />431 <br />exceptional one, but expressed concern if the Planning Commission granted approval <br />432 <br />and while everyone remained well-intentioned to build up the City’s tax base and build <br />433 <br />houses, if it didn’t work, who would be left with the debt, not the City or Commission, but <br />434 <br />the neighborhood. Mr. Cheney asked that the Commission take that into consideration, <br />435 <br />as the financial aspect of the project is important. <br />436 <br />Member Daire advised that this was his rationale in asking about price points, but noted <br />437 <br />that he had heard that they would be offered at as much or more than current properties. <br />438 <br />Chair Gisselquist clarified that the land owner assumes the risk; and noted that, there <br />439 <br />were several instances around the community for subdivisions and infill development, <br />440 <br />which had all seemed quite successful. While no one essentially knew what was going to <br />441 <br />happen, and life was risky, Chair Gisselquist opined that from the Planning Commission’s <br />442 <br />point of view, they were looking at the plat, not financial aspects and economy, which <br />443 <br />was outside their realm. However, Chair Gisselquist opined, from his perspective, it may <br />444 <br />prove to be a successful endeavor. <br />445 <br />Mr. Cheney noted that, as always, he wished everyone well in their endeavors. <br />446 <br />Nicholas Amlie, 2265 Acorn Road <br />447 <br />Mr. Amlie noted the severe drainage problems in this area, and opined that he was very <br />448 <br />skeptical as to the engineer’s assessment as to how drainage problems will be alleviated. <br />449 <br />In his conversation with Mr. Lloyd earlier today, Mr. Amlie advised that he had asked <br />450 <br />about the metrics of the proposed drainage alleviation, opining that if they were the same <br />451 <br />ones who had approved the drainage situation for his home. Mr. Amlie advised that it was <br />452 <br />going to cost him thousands of dollars or more to fix it due to the thick clay soil, and water <br />453 <br />not assimilating. Mr. Amlie noted that he had seen Planning Commissioners driving <br />454 <br />through the neighborhood, and asked that they do so after a significant rain to observe <br />455 <br />the stream of drainage going through his property. While it may not have anything to do <br />456 <br /> <br />