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Regular City Council Meeting Monday,June 13, 2011 Page 15 Mr. Trudgeon responded affirmatively to both statements of Mayor Roe, noting that the TIF District had originally been created to provide assistance for new de- velopment,not to remain stagnant. At the request of Councilmember McGehee, Mr. Trudgeon reviewed those items being amended, as underlined, such as in Section K, providing for a new budget between the original and modified plan shifting those resources for potential gen- eration of funds, since Phase I values came in higher than originally planned. Mayor Roe opened the Public Hearing at 7:38 p.m. for the purpose of hearing public comment of an Amendment to the TIF District #18 Plan and Development District #1; as requested by AEON, owners of the Sienna Green Apartment for consideration of establishing a housing tax increment financing (TIF) District on their parcel in order to fill a projected financial gap in the second phase of their initiative to revitalize this aging apartment property. Public Comment Charles Kelly, resident of Rosewood Village Mr. Kelly asked that the entire process be slowed down; expressing concern with parking at Sienna Green; and his personal review of an average of fifteen (15) cars parking overnight each night on both sides of the frontage road. Mr. Kelly alleged that there were too few parking spots for the number of units; and he re- quested improvement or a solution to parking issues in that area. Mr. Kelly refe- renced the green space on Rosewood Village property being used to get a va- riance to put the Sienna Green building closer to the property line. Mr. Kelly ex- pressed concern as the property became fully developed and occupied, that the parking situation would only become more pronounced. Dick Houck, 1131 Roselawn Mr. Houck questioned, based on the current real estate market and economy, the justification for the City assisting in building another fifty (50) units in the City. Mr. Houck opined that it didn't seem like the right time top put city funds into more units when there were already so many vacancies in the area; and he didn't understand the justification at this time. With no one else coming forward to speak, Mayor Roe closed the Public Hearing at 7:42 p.m. Mayor Roe asked Mr. Trudgeon to address parking and building location issues raised during public comment; and Councilmember Willmus asked Mr. Trudgeon to address parking ratios per unit. Mr. Trudgeon advised that, typically, ratios were at least one spot per unit; but in this case the site was already developed and approved under previous City ordin- ance as a PUD. Mr. Trudgeon advised that staff looked at the parking situation