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Warning Text %XTableStyleMedium9PivotStyleLight168 ``i̜̙3f3333f3ffff333ff333f33f33BBB\`^General.Contractb\Budget Adjustment P1_;8 P2_;:s  ;jb(!3  @@   COMMUNITY PROJECT/ZONINGOrdinance Fact SheetOrdinance Number Brief TitleApproval DeadlineReasonDetailsPositions/RecommendationsSpecific AddressSponsor Programs, Departments, or GroupsReason for LegislationAffected Applicants / Applicant ProponentsCity DepartmentCity DevelopmentOther OpponentsGroups or Individuals none knownBasis of oppositionStaffRecommendationXForAgainstReason AgainstBoard orCity Plan Commission CommissionBy No action taken!For, with revisions or conditions#(see details column for conditions)CouncilCommittee ActionsDo passDo pass (as amended)Committee Sub.Without RecommendationHold Do not pass(Continued on reverse side)Policy/Program ImpactPolicy or ProgramChangeNoYes Operational Impact AssessmentFinancesCost & RevenueProjections --Including IndirectCostsFinancial ImpactFund Source (s)and Appropriation Account CodesFact Sheet Prepared By: Reviewed by:Development ManagementReference NumbersDISCUSSION (continued)CONTRACTOrdinance Fact SheetRoles and ResponsibilitiesReason for Contract Department or Programs RecommendedAwardeeContract Compliance Certification Obtained?Reason for OppositionResponsibilitiesDesign Engineering: Inspections:#Construction or Project Management:Service Monitoring: Emphasis OperationalCity's Estimateof Cost$Bid orLowest Contract Proposal DataCost Submitted No .of Proposals Considered3Reason for rejecting lowest contract cost submittedOther Bidders orContract CostsContractors Considered Submitted Fund SourcesFor This Source of FutureOperating FundsMaximum Amount of Proposed Amount of ContingencyEstimated Duration of Contract: Engineering &AdministrationFact Sheet Prepared by:Date:TOTALCouncil Committee ActionsDo PassDo Pass (as amended)W/o RecommendationReference Numbers: Do Not PassBUDGET ADJUSTMENT )Department, Program, or Accounts Affected Reason for Adjustment#From/Transferor(s) or Fund Title(s)!To/Transferee(s) or Fund Title(s)Policy / Program Impact No YesEmphasis Change  Do Pass Do Pass (as amended)w/o Recommendation Committee Sub.Fact Sheet prepared by: DateFact Sheet reviewed by:PlannerLarry H. SticeDiane Binckley, Manager!(Archie, Baker Hughes, Gutierrez #Krum, Macy, Martin, May, Van Zandt) 4th District(Glover, Marcason) Councilman Glover(8-0) 2-7-12. 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A fence has been constructed across the public alley about 50 feet south of W 39th Street. The Broadway frontage of the block consists of six single-story commercial buildings containing a short-term lender, medical clinic, cafes, general office and vacant spaces. A driveway from Broadway in the center of the block accesses an existing parking lot serving the adjacent building. Additional surface parking in the rear of the buildings is accessed from a second driveway further south along Broadway, the public alley, and a gated entrance along Central Street. A storage area and loading dock for the southernmost building is accessed from W 40th Street. All the commercial buildings along Broadway are in B3-2 zoning. The northernmost of the buildings has a roof-mounted billboard. Along the Central Street frontage, the former XO Club is located directly adjacent W 40th Street. The now-vacant building is located in B3-2 zoning. The balance of the Central Street frontage is in R-1.5 zoning. The middle portion of the frontage is largely developed with surface parking, approved as an R-P (automobile parking) in the 1970 s. R-P zoning converted to R-1.5 zoning with the adoption of the new development code (Chapter 88). Use of that area for commercial parking is a non-conforming use. At the northeast corner of the block, two single-family houses (3926 Central Street and 3932 Central Street) are separated by an undeveloped lot owned by the northerly of the houses. The PIEA plan offers the standard  353 abatement of an initial period of 10 years in which 100% of property taxes are abated, followed by 15 years in which property taxes are levied on 50% of the assessed value of the property. PILOTS (payments in lieu of taxes) are required to be paid by the developer in the first 10 years, so that the revenues to the various taxing jurisdiction are not reduced below the amount paid prior to the abatement period. Note that, at the time of individual project approval by the PIEA Board, a financial analysis is required that may find less than the standard 10/15 abatement is justified. <p8988898_8a89888<22  J(e?Text 6"ØPK!Zf[Content_Types].xmlMO &2WR=cJ`F0iK`#̼vLw 9uSq:w`G ^i ½KI)c/ $oVjTMRc|}042ҥCƔM̏P~*ka/8^DkHbL8e i"K\XN\6rco4y@_;oPK!1_a _rels/.relsj0 ѽqCNo^K [ILcX&m߾0XFo;>0xM e`|X}đ I`߽N4aG2$RKIZ)4(M9`ctB{m:f@`3n|O,ܗr޾jxR0T ,0@}WBLǬ5vPK!yƴSdrs/shapexml.xmlUKS0wAk Pzi`zrA<ҒG}WRl 'jo..wdalU£>gBe::OgS,Aj%_?]r30 /ygR`u#65 mͺRZg# xظ !啧:2-4?@E;ym: flm'  u?e0c( 6sbRϴjlA*EKAMz#l{;pwwHa`n;=CRD%2d9tnI/vOE(ɘٞ$dU'#x0F`YFxMF^9̝߅>YsnD>OYtEzMѲo+)?֬W idosζ4SSض*x_BaBO(o*. k*TqkwWO>6UO*-.q/ŇkN⒣lғ%\e(M9 no2'3%`Q@F֗ZI #  nb +,>1. 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The PIEA plan proposes renovation of the existing commercial buildings along Broadway, beginning with 3953-57 Broadway. The building would contain commercial, office and/or restaurant uses, with an estimated project cost of $5.1 million. The increased property value resulting from the renovations would be eligible for the abatement. On the east half of the block, the area south of the single-family houses (3934-54 Central Street) is proposed for multifamily residential uses, which would require the demolition of the former XO Club. Estimated project cost for the residential development is $15 million. Like all tax incentive plans, a finding of statutory  blight is required. The blight study submitted with the application cites inadequate street layout, obsolete platting, insanitary/unsafe conditions, site improvement deterioration and dangerous conditions as blighting factors. Vandalism, graffiti, parking surface deterioration and building disrepair are given as supporting evidence, with all but one of the 17 properties exhibiting at least one blighting factor. The City Plan Commission unanimously approved a motion finding blight. The PIEA plan requires the payment of PILOTS and limits the abatement to the standard 10 years at 100% and 15 years at 50%. UR rezoning (or waiver of the rezoning) must be complete prior to any tax incentives. Properties containing billboards or short term lenders are ineligible for tax incentives offered by this plan. Eminent domain will not be exercised for the acquisition of owner-occupied single-family houses. The two single-family houses are not part of either Phase 1 or 2 of the UR plan, so there is no immediate need for their acquisition. Phase 1 of the site plan submitted for the UR rezoning request shows the commercial buildings being renovated in their current form except for the demolition of the XO Club building and a small commercial building at 3953 Broadway. Demolition of the latter building will allow for an expanded eastbound driveway from Broadway bordered by angled parking spaces. Commercial parking will be developed on approximately the west half of the former RP district, which may consist of simply restriping the existing paved surface. Additional surface parking is shown east of the public alley. An improved southbound drive onto W 40th Street will also be bordered by angled parking. Phase 2 of the site plan proposes future multifamily residential development on most of the Central Street frontage. The two single-family houses are shown as remaining. The plan states that prior to any development of Phase 2, a traffic study must be submitted and the UR plan must be amended with the approval of the City Plan Commission and City Council. The developer will be responsible for any transportation improvements recommended by the approved traffic study. Those improvements may include revisions to the Phase 1 parking and access features. The current B-3 zoning of the commercial properties on the block allows a wide range of relatively intense uses. Each UR district establishes its own allowed uses (as well as height, setback and density requirements). The uses allowed in this UR district are restricted to those permitted by B1 zoning, the City s least intense true commercial district. All uses proposed by the UR submittal would be permitted, while uses such as drive-through facilities, automobile sales, short term lenders, taverns or nightclubs and adult media stores would be prohibited. This project site will likely soon be included in a new, larger land use plan consolidating several existing area plans. The land use recommendations requested for this project will accommodate the development in the interim. 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