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surrounding property owners, thereby reflecting upon their own property an increase of property <br />taxes because of the surrounding properties being, property values being increased because of <br />speculation. But in this case I don’t think this would be the case with that, in view of the fact <br />that you mentioned the, they had to go through bankruptcy. And now, you know, my curiosity at <br />this time is are we looking at out-of-state owners again, are we dealing with them, and are we <br />dealing with those people, owners from the out-of-state or investors throughout wherever? <br />COTTLE: The applicant could probably -. <br />DOMINGO: Okay. <br />COTTLE: Give a little bit more information about the background of the owners, but I believe <br />that they are local owners. <br />DOMINGO: Okay. Could you give me a history or explanation of a project district. <br />COTTLE: Sure. The project district zoning is designed to allow for a flexible development <br />within a large area of land. It’s, you can have different land uses, different land uses located in <br />different portions of the project.But it allows you to kind of conceptually plan the project at first <br />and further define the location of those specific uses later as plans are more refined. <br />DOMINGO: So then what you’re saying is that from time to time the developer needs to discuss <br />with the Planning Department as to what future steps would be taken during the course of <br />development as far as -? I’m concerned about drainage and traffic, you know, because we’re <br />looking at the initial structures to be built would eventually generate a lot of traffic. And without <br />any improvements to the existing infrastructure then that would cause, you know, some <br />problems. So I’m just wondering how would that kind of situation be addressed? <br />COTTLE: Sure. Should the request be approved by the County Council, we’ve included a <br />condition that requires the applicant provide a master plan within two years of the effective date <br />of the ordinance. So as their plans become more refined and they know more specifically the <br />phasing that they want to develop and which uses they want to develop first, that will be shown <br />on the master plan. The master plan will be reviewed and approved by the Planning Director, <br />I’m sure in consultation with other Departments, like Public Works and Water Supply. And then <br />once that plan is approved, the developer would be able to come with more specific site plans <br />right before they come in to develop. And -. <br />DOMINGO: And that would be the same case with drainage studies? <br />COTTLE: Yes. <br />DOMINGO: And I’m concerned about Alenaio, Stream which then comes down back here, and <br />its impact on the surrounding areas. <br />COTTLE: Yes, we, the way we wrote a few of the conditions was to require additional traffic <br />studies or drainage studies at each phase of development, and that any improvements required as <br />a result of those studies be built concurrently with that development. <br />DOMINGO: I appreciate your comments. And it’s only because, you know, I just received this <br />the early part of this week and I was wondering what was sent to me. I thought it was from <br />somebody, a friend of mine from the mainland sending me a gift or something. But, you know, I <br />received this and I looked at that and said, wow. Then I went to look at the agenda and it’s <br />scheduled to be heard today. So that’s why I’m asking so many questions, Maija. <br />3 <br /> EXHIBIT C <br /> <br />