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https://outlook.live.com/mail/sentitems/id/AQMkADAwATEO... <br />htt 1 /www.santaana.orp/sites/default/files/finance/budget/2018-2019/FY18-19 adopted <br />budget.pdf Even assuming the City administers the funds in an appropriate manner, consider <br />that this is a one time payment. That's it. Once its spent, it is spent. As to park funding, I think <br />this is somewhat of a red herring. The developer is investing in the park because he thought he <br />could get neighborhood support and he wants to sell his tenants on an attractive park. <br />However, a 1.4 million spend is spent once. That's it. An office developer would similarly have <br />to pay impact fees, generate tax revenue which, if judiciously used, should support park <br />improvements globally. Moreover, any bite at the apple by the City creates opportunities to <br />finagle park improvements. The City is also free to raise its impact fee rates and to assess <br />impact fees for affordable housing against commercial projects. By way of example, the City of <br />Napa reasoned that commercial development creates a need for housing and charges <br />commercial developers a fee which supports their affordable housing initiatives. I don't know <br />that I would support this approach as I think it is questionable and cuts against encouraging <br />business to locate here, but it is certainly an option. I agree with Tim that aesthetics are <br />subjective. I will however state that any project looks great on paper. The problem with this <br />project is that it appears (in my humble opinion) to be cheap. These are essentially a series of <br />slightly angled monoliths in sequence. There is nothing aesthetically or architecturally <br />interesting and this was done deliberately because it keeps construction costs low. As to fit with <br />the neighborhood, I think it is wise to start with an assumption. A decision made regarding the <br />site will last for 50-75 years at the very least. This is a marquis property. I traced the lineage of <br />the property back to the early 1900s. The property was used as a grocery store, small car <br />dealership/auto repair, and a funeral home before Wells Fargo. It was designed to operate as a <br />buffer between Main Street and the single family neighborhoods (Park Santiago among others). <br />I don't think this project qualifies as being a particularly good buffer. Tim, I also respectfully <br />disagree with you as to changing dynamics regarding cars and it is simply not reasonable to <br />engage in projections based on a population for a project that has not been built yet. Of course, <br />I can certainly envision the tenants having electric cars. However, start with the location of the <br />project itself. Other than busses, there is no meaningful mass transit link. The project is <br />situated at a crossroads to major highways. The addition of parking spaces was a step in the <br />right direction but I respectfully disagree with your analogies. I also think that guests of the <br />units will park on the street—thereby exacerbating the parking shortage. People are largely <br />impatient and take the path of least resistance. Why drive all around/up and down a garage <br />when I could just as easily park on Edgewood or somewhere else in Park Santiago? In discussing <br />this issue with fellow neighbors in Floral Park, I understand that we have the privilege and <br />honor of paying for parking passes because the apartment complexes just outside of Floral Park <br />were underparked. You should not delegate responsibility to code enforcement or peer <br />pressure within the building to make the neighbors whole. Instead, good planning by the City <br />that prevents these problems is preferable. I share your view as to greed and money. There is <br />nothing wrong with investing, developing, and profiting. Nothing at all. However, the developer <br />bought the property by speculating. It seems to me that the developer sees the City as being <br />desperate for short-term infusions of cash, and will do anything to get more housing. Anything. <br />Tim ... look at the density for heavens sake. I could see this in downtown but this project in this <br />particular location makes no sense to me. Tim, I also share your view regarding the newest <br />generation. However, millennials are motivated by a number of factors. One of those factors is <br />the ability to find a good job. Again, does eliminating a marquis property from an office or <br />some other form of commercial use make sense in that regard? I share your view regarding nice <br />things. Mother's Market has been a tremendous asset and I will go as far as saying that 2525 <br />may boost some of the other businesses like Barnes and Nobles which is likely on its last legs. <br />4 of 6 2/11/2019, 3:25 PM <br />