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MEMORANDUM <br />DATE: February 14, 1991 <br />TO: Steve Sarkozy <br />?� 'FROM: Craig A. Waldron <br />SUBJECT: Concordia Update <br />Bacground <br />1. Staff had the opportunity to meet with all of the re <br />"Players" regarding the Concordia project, at pective <br />afternoon session. Shadlow's <br />2. Rottlund has significantly improved the plan with <br />h respect to <br />the initial submission. They have reduced the number of <br />units by 12 and have upgraded a number of the units into the <br />$70,000 plus range. In addition, a number of <br />parking, traffic, etc., considerations were addressed. the ayout, <br />3. Staff still has a concern regarding the type of unit <br />are being requested and the ramifications on the s that. <br />stock, thus, staff has re ousing <br />e <br />specific analysis relating to the Rottlund ld to conduct a <br />proposal. <br />4. It is the plan of Rottlund and Concordia to submit a PUD at <br />the end of February. Thus, the neighborhood meet' <br />have to occur in March as well as the potential work nsessi would <br />discussion. The formal decisions would then have t on <br />during the April Planning Commission and city o occur <br />meetings. y Council <br />5. It is expected that the Maxfield analysis will b <br />e com <br />in one or two weeks. I see this item as being critical tin <br />terms of City staff gaining a level of comfort with <br />to the impact that this project could have on potential <br />first time home buyers and the moderate Potential.,- <br />first <br />City. y priced housing in <br />