Agenda - 12-04-2017 - 8-a - Minutes

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20 1 Michael Harvey said he did not know. 2 Commissioner Jacobs said he does not think Hillsborough has one, and suggested 3 asking the Developer to have a rain collection system, as a way to do irrigation. 4 Jim Parker said with the stormwater requirements, there is available water that can be 5 used for the landscape irrigation. He said there are also drought resistant requirements for 6 landscaping. 7 Commissioner Jacobs said to see if there is adequate water from the storm water 8 collection, which can dry up, or some kind of rain collection system. 9 Commissioner Jacobs referred to District II, which is noted to be "neighborhood, mixed 10 use, future land use." 11 Michael Harvey said that is per the Town of Hillsborough-Orange County joint planning 12 land use plan. 13 Commissioner Jacobs asked Jim Parker if there was ever any consideration made to 14 have this area contain residential units above the commercial units. 15 Jim Parker said they are not opposed to this, but it would be determined by what the 16 market would bare. He said the commercial area in District II is likely to be an interstate 17 transportation market, catering to those who are passing through rather than residents of 18 Hillsborough. 19 Commissioner Jacobs asked if it is viable to ask the Developer to separate the two 20 districts, and proceed with the western district first because it is less complicated. 21 Jim Parker said that is not what they would like, and they believe that both districts go 22 hand-in-hand. He said the light industrial and employment centers, which may go in District I, 23 are going to want to see something adjacent to them in the way of services, food, hotels, etc. 24 Jim Parker referred to the traffic improvements, and said there are a lot of lights along 25 that section, but two of the lights were a part of the TIA that was prepared for Waterstone, and 26 that requirement got left out. He said those signals are being put in to do the right thing. He 27 said most of the trips in the traffic are generated by District I. He said the proximity of the 28 service road to the ramps is not good. 29 Commissioner Jacobs said DOT only recommends a stop sign for the service road, 30 which he finds preposterous. 31 Jim Parker said one would not be able to turn left out. 32 Commissioner McKee referred to oil and water contaminants on this property, and said 33 Orange County requirements exceed the State's requirements much of the time. 34 Michael Harvey agreed. 35 Commissioner McKee asked if the number of buildable acres in this project is known. 36 Jim Parker said 30% open space is required, so about 65-70% of 190 acres is buildable, 37 including roads, buildings, etc. 38 Commissioner McKee said one of the proposed uses was light manufacturing, and 39 asked if the Morinaga candy factory is considered to be light manufacturing. 40 Steve Brantley, Economic Development Director, said yes. 41 Commissioner McKee asked if it is known on how many acres Morinaga sits. 42 Steve Brantley said the company purchased a 21-acre site, and built on one third of the 43 property. 44 Commissioner McKee asked if the number of employees at Morinaga is known. 45 Steve Brantley said approximately 100 full time employees with benefits, and salaries 46 well above the living wage and beyond. 47 Commissioner McKee said while the exact tenants for this project are not known, it can 48 be expected that jobs will be created by this proposed project. 49 Steve Brantley said yes. He said the asking price for this property is quite high, but not 50 as high as the remaining properties at the Waterstone development. He said the Waterstone 51 properties are priced at$250,000 per acre, and there is no industry that will pay this price. He 52 said the probable asking price for Settlers' Point would indicate that the type of buyer would be 53 a higher caliber business.