6.3. SR 02-11-2013 - Laserfiche WebLink

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City of Ells = REQUEST FOR ACTION River` TO ITEM NUMBER Mayor and City Council 6.3 AGENDA SECTION MEETING DATE PREPARED BY Work Session February 11, 2013 Jeremy Barnhart, Planning Manager Clay Wilfahrt,Assistant Director of Economic Development ITEM DESCRIPTION REVIEWED By Concept Review of Blackhawk Woods Suzanne Fischer, Community Operations & Development Director REVIEWED BY Cal Portner, City Administrator ACTION REQUESTED Provide informal,non-binding feedback on the proposed: A. Use of the West Oaks plat for a 60-unit senior housing development. B. Use of Tax Increment Financing to assist the project. The applicant has requested the Council's initial reaction and feedback on the project prior to making a substantial initial investment. BACKGROUND/DISCUSSION Senior 30,LLC has approached the city to develop the remaining portions of the West Oaks plat into a 60-unit, single level rental senior townhome neighborhood. The initial phase will be 40-units,with the remaining 20-units in a future phase. West Oaks was originally platted in 2003 and included 115 single family and 124 multiple family townhomes. The single family homes and approximately 24 of the townhome units have been constructed. Infrastructure has been installed,including 183TdAvenue,Yankton Street,Xerxes Street, and several private drives. Land Use The proposed use of the land is consistent with its approved use and will require no rezoning or land use amendment. The zoning ordinance does not regulate age limits on development. For this project, there will be a deed restriction as part of the financing addressing the age issue. Phase 2 will need to be platted prior to construction. Tax Increment Financing The developer inquired about possibly utilizing Tax Increment Financing (TIF) for Blackhawk Woods. Staff briefly reviewed the proposed project and the TIF policy and upon preliminary review,the project appears to meet objectives and qualifications. P 0 W I R 1 0 6Y I IV AU