Title
Olympia Bentridge Village Comprehensive Plan Amendment and Rezone Proposal - Public Hearing
Recommended Action
Recommend approval of a Comprehensive Plan Amendment, Rezone, and text amendment to the Olympia Municipal Code, as proposed by staff, for the property known as Bentridge Village.
Report
Issue:
Whether the Planning Commission will make a written recommendation to City Council to approve the Comprehensive Plan Amendment, Rezone, and text amendment to the Olympia Municipal Code for the property known as Bentridge Village.
Staff Contact:
Joyce Phillips, Senior Planner, Community Planning and Development, 360.570.3722
Presenter(s):
Joyce Phillips, Senior Planner, Community Planning and Development
Background and Analysis:
In 2016 the City of Olympia entered in an agreement for the option to purchase the 71.86 acre site known as Bentridge Village (also known as a portion of LBA Woods). In early 2017 the City of Olympia purchased the site for $6,900,000. The city used multiple funding sources to purchase the property, including Parks Bond Anticipation Note, 2004 Voted Utility Tax for Parks, Transportation Impact Fees, and Non-Park General Fund sources. The funding sources used relate directly to the portion of the land intended for future purposes. For example, the majority of the site was purchased with park funds and will be used for park purposes. Transportation Impact Fees were used to purchase the pro-rata portion of the site needed for Right-of-Way for the future extension of Log Cabin Road across the site. Non-Park General Funds were used to purchase the portion of the site likely to be used for future development. During the purchase of the property, a ten (10) acre portion of the site was identified for future development of the neighborhood center identified in the City's Comprehensive Plan as well as for multifamily housing. It was also identified at that time that a comprehensive plan amendment and rezone would be needed to ch...
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