Loading...
HomeMy WebLinkAbout2024/04/17 - ADMIN - Agenda Packets - Planning Commission - Regular Planning commission meeting April 17, 2024 6:00 p.m. If you need special accommodations or have questions about the meeting, please call Sean Walther at 952.924.2574 or the administration department at 952.924.2505. Planning commission meeting The St. Louis Park planning commission is meeting in person at St. Louis Park City Hall, 5005 Minnetonka Blvd. Members of the public can attend the meeting in person or watch the meeting by webstream at bit.ly/watchslppc and on local cable (Comcast SD channel 14 and HD channel 798). Recordings of the meetings are available to watch on the city’s YouTube channel at www.youtube.com/@slpcable, usually within 24 hours of the end of the meeting or study session. Visit bit.ly/slppcagendas to view the agenda and reports. You can provide comments on agenda items in person at the meeting or by emailing your comments to info@stlouispark.org by noon the day of the meeting. Comments must be related to an item on the meeting agenda. Agenda PLANNING COMMISSION 1.Call to order – roll call 2.Approval of minutes – April 3, 2024 3.Hearing 4.Other Business 4.a. 3712 Quebec Ave S (Wells Roadside) – conditional use permits with variances Applicant: Luke Derheim Case No: 24-05—CUP, 24-09-CUP, 24-12-VAR 5.Communications 6.Adjournment Future scheduled meeting/event dates: May 1, 2024 – planning commission study session May 15, 2024 – planning commission regular meeting June 5, 2024 – planning commission regular meeting June 19, 2024 – planning commission regular meeting 1 2 Planning commission April 3, 2024 6:00 p.m. If you need special accommodations or have questions about the meeting, please call Sean Walther or the administration department at 952.924.2525. Planning commission Members present: Jim Beneke, Mia Divecha, Matt Eckholm, Katie Merten, Jan Youngquist Members absent: Tom Weber Staff present: Gary Morrison, Sean Walther Guests: Luke Derheim, applicant 1. Call to order – roll call. 2. Approval of minutes – Mar. 20, 2024. It was moved by Commissioner Eckholm, seconded by Commissioner Merten, to approve the Mar. 20, 2024 minutes as presented. The motion passed unanimously. 3. Hearings. 3a. Zoning text amendment- restaurants with intoxicating liquor. Applicant: Luke Derheim Case No: 24-06-ZA Mr. Morrison presented the staff report. Commissioner Beneke asked for the definition of a restaurant vs. bar. Mr. Morrison stated restaurant requires at least 50% of the proceeds to come from food, while a bar primarily serves liquor, and the city of St. Louis Park does not allow a stand-alone bar. Chair Divecha asked for clarification on the 25-foot set back if serving beer and wine, and if that is set back from a residential property. Mr. Morrison stated that is correct. It is measured from building wall to property line of a residentially zoned property. Chair Divecha asked if this then removed the distinction between beer and wine and intoxicating liquor and creates a consistent setback rule for these uses. Mr. Morrison stated that is correct and pointed out the only difference remaining is that to serve intoxicating liquor the owner would still need a conditional use permit. Commissioner Youngquist asked if the beer and wine is limited to 3.2% alcohol. Mr. Morrison stated it is not limited to 3.2%. He added beer and wine is licensed separately from intoxicating liquor licenses. 3 Unofficial minutes Planning commission April 3, 2024 Commissioner Youngquist asked why and when this distinction came about between beer and wine and intoxicating liquor. Mr. Morrison stated he did not know the history, but recognized the trend in city policy decisions has been to relax restrictions and not differentiate them. Newer zoning districts do not have a setback requirement. Commissioner Merten asked if this approval would be 25 foot or 100 foot setback for both. Mr. Morrison stated it would require a 25 foot for both restaurants with beer and wine, and restaurants with intoxicating liquor. Chair Divecha opened the public hearing. There were no comments from the public. Chair Divecha closed the public hearing. Commissioner Eckholm stated the distinction here is irrelevant and noted he will support this. Chair Divecha agreed. Commissioner Youngquist added she also agreed, and noted there is really no distinction between beer, wine and intoxicating liquor these days, and she will support this motion. It was moved by Commissioner Merten, seconded by Commissioner Youngquist, to approve the text amendment to reduce the 100-foot setback from residential properties to 25 feet for restaurants with intoxicating liquor in the C-1 neighborhood commercial zoning district. The motion passed unanimously. 3b. 3712 Quebec Ave S (Wells Roadside)- conditional use permits with variances Applicant: Luke Derheim Case No: 24-05-CUP, 24-09-CUP, 24-12-VAR Mr. Morrison presented the staff report. Commissioner Merten stated she only counted 13 parking spaces. Mr. Morrison stated that is correct on this landscaping exhibit, however the site plan shows a 14th spot which he pointed out on the plan slide. Commissioner Merten asked where employees would park. Mr. Morrison stated the applicant operates The Block Restaurant also, and he noted they negotiated shared parking agreements at off-site parking lots for employees at that location and they are exploring similar agreements for the Wells Roadside location at some of the offices located nearby. The goal is to preserve the most convenient spaces for customers. 4 Unofficial minutes Planning commission April 3, 2024 Commissioner Youngquist asked if parking is allowed on the frontage road at Hwy. 7 and Quebec Ave. Mr. Morrison stated parking is not allowed there, and noted the road is narrow in that location. Commissioner Youngquist asked if there will be seating on the north side of the property. Mr. Morrison pointed out the previous seating area on the grassy area on the north side of the property will not be used, and noted the seating on the east side will be used. Commissioner Youngquist asked if the existing seating on the north side is in the public right of way. Mr. Morrison stated yes, it is. He added seating is allowed in public right of way with an encroachment agreement. He noted this seating in the right of way and encroachment also shows up on the east side of the property, adding that engineering staff have already reviewed this seating on the east side of the lot that is proposed to remain, and they are fine with it. He added there is also a short retaining wall which separates the east side seating area from the sidewalk. Chair Divecha asked about the additional property on the west and if that is out of scope. Mr. Morrison stated that is correct and added the applicant is not pursuing the purchase of that property. Commissioner Beneke asked if the drive-in spaces are restricted only for those purposes or can anyone park in those spaces. Mr. Morrison stated there is no proposal for drive-in spaces at this time, so it will just be used as parking. He noted that the concept anticipates a lot of carry-out service, so they may designate some spaces for short-term parking. Chair Divecha opened the public hearing. Russ Wilkinson, 3724 Pennsylvania Ave, stated he is two blocks to the east of the property. He stated he has been in his home for 20 years and was there when the Galaxy opened. He stated he understands this will go ahead and is a done deal, but he has concerns about parking. He stated when Galaxy opened people drove all over their neighborhood, and in the alley behind his home as well. He stated that traffic is a concern, and he noted he had placed cones in the alley in the past to keep folks from driving there. He added at the last meeting they were told 100 people can sit at the site, and most cars would carry 2 people, so at capacity 2/3rds of the parking would be in the neighborhood. He stated his neighbor had people parking blocking his driveway and the owner then could not exit, and neighbors will have to compete for on street parking spots. He stated this a concern, even though the owners have said it will be a quick turnaround. Bill Schwartz, 3715 Quebec Ave, stated he lives directly across the street and has been there 45 years, noting he was there when Wagner’s first came. He stated with seating for 100 people and only parking for 14 cars, there will be parking on the streets. He stated he has a handicapped parking sign in the front of his house, but that is ignored by most, even if police are called. He added people drive down the alley like it is a racetrack and the house on the left side has a daycare, so alcohol is not a good thing either with kids in the area. He stated when Galaxy moved in the parking changed and made it worse, and added this is not set up for what 5 Unofficial minutes Planning commission April 3, 2024 they want to do. He stated he totally opposes this project and added every time there is a change the situation gets worse and the parking is insane. He noted his parked car was hit twice last year. He added there are no handicapped parking spots either and for 100 people, which is required. Michelle Gallagher, 3726 Rhode Island Ave, stated she is one street over from the project and is for the project, adding she is happy the clientele will be much different than when it was Galaxy. She stated cars idling all day and the constant parades was frustrating as a neighbor and now having the grab and go will be better. She stated the owners make it very clear what their intentions are at their restaurants, and it will be for dining, having a glass of wine or beer and leaving. She stated her concern is the sidewalk along the frontage road and was not sure if they plan to build a sidewalk. She stated a sidewalk is needed there for pedestrian and bike safety. She stated overall she and her neighbors are excited about it and hope there will be a sidewalk included, as she and other neighbors will be walking to the site. Jamie Betterly, 3726 Rhode Island Ave, stated she understands the concerns of other neighbors, adding this model is different from those in the past. She stated Galaxy drew a car crowd, with cars idling and sitting for hours with no food orders, and this will be a come and go type place. She stated Galaxy was a disappointment. With the owners of Wells, they are very straightforward with their plans. She noted other neighbors are happy also to not have to cross Texas and Highway 7 to get to a restaurant, and they are happy to be able to walk or bike to it and gather. She added the location already exists and it will be utilized in a better way, so there is excitement about the project, and concern that a sidewalk be built. Chair Divecha closed the public hearing. Chair Divecha asked for clarification on the sidewalk variance. Mr. Morrison stated with a plat, a sidewalk is required along all of the street frontages. When the plat was submitted in 2006 it included the property to west, and the city council granted a variance to not install the required sidewalk along the frontage road. He added for this proposal staff discussed a sidewalk on the frontage road and noted the city can require conditions to mitigate issues created by the conditional use permit or parking variance, if granted. Because the variance would reduce on- site parking, a sidewalk could be required as a condition of approval recognizing it will generate on-street parking and pedestrian traffic from the neighborhood to the site. However, he stated the number of mature trees that would have to be removed would be significant. The tree removal, replacement tree plantings, payment of fees in-lieu of new plantings and grading and/or retaining walls that would be needed all add to the impacts and costs of sidewalk construction. Therefore, it was not recommended by planning staff that a sidewalk be required. Chair Divecha asked if there is sidewalk at all there now. Mr. Morrison stated there is not a sidewalk on the frontage road. Commissioner Eckholm asked about connecting Quebec Ave to the Cedar Lake Trail to the south, and if wayfinding could be improved. He noted there is an entrance to the trail at Rhode Island south, and then over Lake St. and to Quebec Ave. He asked if there is some way to 6 Unofficial minutes Planning commission April 3, 2024 connect from the midtown greenway to connect here and cut down on the parking stress as much as possible. Chair Divecha asked if cars are allowed to idle when in the drive-up spots. Mr. Morrison stated there is no ordinance about idling for the general public in the city. Commissioner Merten stated there are informational signs around the city about idling and there was a campaign in the city last year. Chair Divecha stated she would encourage the applicant to put up no idling signs, for pollution’s sake and also with food being served right there. Chair Divecha asked about the drive-in spots. Mr. Morrison stated there will be no service to drive-in spaces at this time, but the applicant did want to have this option included for the future. He stated the parking on the north side is not drive-in, but parking spots only. Commissioner Youngquist asked the applicant, Luke Derheim, several questions. She asked about hours of operation. Mr. Derheim stated during the week it will be 11 a.m. – 10 p.m. for winter and in summer open until 11 p.m. on Friday and Saturday nights, and potentially opening Saturday and Sunday at 9 a.m. for breakfast. He stated this will be their first quick service model with this type of project and different equipment for quicker cooking, with the goal of providing fast service at a high value. He stated they want to address the parking also and have quick app ordering with pick up and go, or ordering with drive-up, to keep things moving in a fast, efficient and high-quality fashion. Commissioner Youngquist asked if there will be any indoor seating. Mr. Derheim stated seating will be all patio seating but with the ability to have drop down walls for the winter months, to create an outdoor/indoor feel. Commissioner Youngquist asked about protections for buying alcohol. Mr. Derheim stated they will have a walk-up area and all beer or wine must be ordered there, at the window, and the beverage will be handed to the individual, with ID required. He added there also will be no “to- go” beer or wine orders. Commissioner Merten asked if the louvers could be closed if it is raining. Mr. Derheim stated yes, that is correct, adding they have had great success with them in a patio environment. Chair Divecha asked about the walkability piece. Mr. Derheim stated they believe it is definitely walkable, and noted the biggest thing is their staff is not parking on the site and are working with properties to the east to find spots there. He stated they feel people will walk to the location if the concept is good. He stated there are a lot of areas for off-site parking. Chair Divecha stated in general she is in favor of this especially with the walkability and agrees with the changes to parking to make things easier. She noted she is not interested in requiring more parking, adding there may be an impact to the neighborhood, but added it is not unreasonable and is worth the hassle. She added the walkability, and safety is worth discussion. 7 Unofficial minutes Planning commission April 3, 2024 Commissioner Merten stated this might be an attraction for a while and added people do not drive 25 mph on the Frontage Road and also, she has concerns about people speeding down Quebec, Rhode Island and Pennsylvania Avenues as well. She added she is not certain signs will do that much and has concerns. Commissioner Eckholm asked when the frontage road might be up for reconstruction, and as it relates to speeding. Mr. Morrison stated at this point, there are no plans for reconstruction there. Chair Divecha asked if a sidewalk were proposed, would it only be related to this property area and no continuous sidewalk. Mr. Morrison stated yes, that is correct and also noted the city’s sidewalk improvement program, and this is the program where sidewalks are added as needed. Commissioner Youngquist asked if this frontage road was part of the Connect the Park plan. Mr. Walther stated it was not included in the Connect the Park plan, favoring connections to the south instead. This area is not included in the 10-year capital improvement plan. He added it would be unusual but not entirely unheard of to require improvements beyond the boundaries of the lot, so it is common for a commercial use to build sidewalk adjacent to their use, but that would stop at the property line. What neighbors are asking is to require sidewalk to be built west to the next street. Either way, the sidewalk would not go east-west beyond this lot or block. He noted each step the city takes that goes beyond the norm for conditions of approval would have a higher standard to justify that. Commissioner Eckholm stated any talk about walkability should be on the connection from the south and there is a good walkable grid of streets there, adding there may need to be an addition of signs on the Frontage Road so that folks know there is a safe way to get there. Chair Divecha noted Mr. Schwartz comments and stated he is welcome to contact his city council member related to parking issues in front of his home. Commissioner Beneke stated he likes this project in general and the connections to walking. He added he can see where parking may be an issue there but is not sure what more could be done to improve it any better and added he will support it. Commissioner Merten agreed this is a good solution at this location. She noted she understands the city cannot require the applicant to do anything about the sidewalks here, but added it is worth some conversations about how to improve this, so no one gets hurt on their way to the location. Commissioner Eckholm stated there are few ways this could be structured, but this plan is good for this location, with a neighborhood restaurant and with recognition of what this site is and what it is not. He stated this has a good shot at working and he will support it. Chair Divecha added there will be an impact with parking and it is challenging, but she noted the vision for the city is not lots of restaurants with parking lots adding the vision is density and encouraging people to walk and bike to locations, which is good for affordability and livability. 8 Unofficial minutes Planning commission April 3, 2024 Commissioner Youngquist added she likes the idea of the project and is familiar with the applicant’s other restaurants, noting they do a good job. She stated her concern is that the seating is outside and with alcohol and also the later summer hours and with potential of noise, she is wondering if the city has noise ordinances. She noted she has concerns about noise with the single-family homes across the street. Mr. Morrison stated the city does have a noise ordinance that would apply to music or a loud party at a residence, adding he is not sure how effective it would be for normal conversation at a patio in a business setting. Mr. Walther noted C1 district also has restrictions on hours of operation and does allow for operations after midnight without a conditional use permit. He added the shorter hours of operation being proposed are welcome compared to what the district would allow. It was moved by Commissioner Beneke, seconded by Commissioner Eckholm, to table consideration to the April 17, 2024 planning commission meeting so staff can confirm proposal will meet building code requirements. The motion passed unanimously. 4. Other Business – none. 5. Communications. Mr. Walther noted the previous tabled item will be on the planning commission’s April 17 agenda and there will be a study session following the regular meeting to discuss the Arrive and Thrive planning process. He added staff does expect the zoning ordinance to go to the April 15 city council meeting, and if approved, a second reading would be held on May 6. The Wells Roadside CUP and variance requests would likely also be on the May 6 council agenda. 6. Adjournment – 7:21 p.m. ______________________________________ ______________________________________ Sean Walther, liaison Mia Divecha, chair member 9 10 Planning commission: Regular meeting Meeting date: April 17, 2024 Agenda item: 4.a. 4.a. Conditional use permit with variances - 3712 Quebec Ave. S. (Wells Roadside) Location: 3712 Quebec Ave. S. Case number: 24-05-CUP, 24-06-CUP, 24-12-VAR Applicant: Luke Derheim Owner: Luke Derheim Subject property: 3712 Quebec Ave. S. Review deadline: 60 days: April 23, 2024 120 days: June 22, 2024 Recommended motion: Motion to recommend approval of a major amendment to the conditional use permit to operate a drive-in with conditions recommended by staff. Motion to approve a conditional use permit to operate a restaurant with intoxicating liquor with conditions recommended by staff. Motion to approve variances to driveway yard requirement, drive-aisle width requirement, and minimum number of parking required with conditions recommended by staff. Summary of requests: 1. A major amendment to an existing conditional use permit approved in 2009 for in-vehicles service (a drive-in restaurant). 2. A conditional use permit to operate as a restaurant with intoxicating liquor. 3. A variance to reduce a portion of the required parking lot yard to zero feet along the north property line. 4. A variance to reduce portions of the drive aisle width as identified on the site plans. 5. A variance to reduce the number of required parking spaces from 26 to 17. Site information: Site area (acres): 0.38 acres. 11 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances Present considerations: The planning commission conducted and closed the public hearing for these applications on April 3, 2024. Comments were received and are summarized in the minutes attached to this meeting’s agenda. • Building code review. Upon recommendation of staff, the planning commission tabled consideration to the April 17, 2024, planning commission meeting to give time for staff to resolve an outstanding building code review comment about the patio enclosure. Staff was concerned that the enclosure would not meet the state building and energy code. Staff consulted with the Minnesota Department of Labor and Industry (DLI) for an opinion. The DLI provides the final interpretation for questions about the building code, which includes the energy code. The DLI concluded that the proposed building meets energy code. With this determination, staff concluded that the building may be constructed as proposed. • The building and energy department provided the following review comments. • The proposed year-round restaurant building will need to meet the state building code. An exception in the commercial energy code allows infrared heating (without restrictions on time, permanence or portability, ambient temperature or duration of use) to be used when heat is deemed necessary outside of any insulated building space. This design, while permitted, is not consistent with the city climate action plan. • City staff does not have a basis to recommend denial of the application provided it meets the minimum state code requirements. The next best course of action is to guide the restaurant owners towards choosing the lowest greenhouse gas emitting heating solution. The city’s sustainability manager recommends the restaurant owners install electrically powered infrared heat lamps, ideally equipped with timer functionality and power settings. As the electricity grid gets cleaner, these lamps will become less and less carbon intensive—something that would not be true of gas-powered heat lamps. The heat lamps’ use could also be offset with rooftop solar panels or purchased renewable energy. Further, electric lamps do not require ventilation as there would be no products of combustion. Sidewalk construction. Requests for a sidewalk along the south side of the Highway 7 frontage road were heard at the neighborhood meeting and public hearing. Staff revisited the issue and determined that the city can require a sidewalk to be installed adjacent to subject property. Therefore, staff added a requirement to construct a segment of sidewalk along the north side of the subject property as a condition of approval to the major amendment of the existing conditional use permit. Extending the sidewalk farther west to Rhode Island Avenue may be added as a condition of approval of the variance to reduce parking if the planning commission and city council find that the condition is directly related and roughly proportional to the impact of the variance. In this case, the impacts of the parking variance that will generate on-street parking in the neighborhood, including Rhode Island Avenue, and pedestrian trips from the off-site parking to the proposed use. The impact of extending the sidewalk beyond the borders of the subject property would include removing 13 mature trees totaling 174 inches diameter at standard height (DSH) according to 12 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances the city’s public tree inventory. These include 5 Red Pine (48 inches DSH combined), 3 White Spruce (30 inches DSH combined) and a clump of 5 Green Ash trees (96 inches DSH combined). These would need to be replaced at one inch for each inch removed through plantings or, more likely, cash-in-lieu payments to the city. There are no sidewalks on Rhode Island Avenue, no sidewalks on the frontage road east or west of this block until Texas Avenue and Lake Street. Zoning text amendment. At the April 3, 2024 meeting, the planning commission recommended approval of a separate application to amend the zoning ordinance to reduce the required setback from residential for restaurants serving intoxicating liquor. The recommendation was forwarded to the city council for consideration on April 15, 2024. Staff will report on the city council’s action at the planning commission meeting. If the city council votes against the text amendment, then staff would recommend denial of the conditional use permit to operate a restaurant with intoxicating liquor because without the zoning amendment, the subject property would not meet the required 100-foot setback from residential. Background: The drive-in restaurant was established in 1951. After recently being vacant for a few years, it was acquired in 2008 by a new owner that remodeled and rebranded the site as Galaxy Drive-In. The concept struggled as a seasonal restaurant, so a new plan to expand the building and parking so it could be open all year was approved in two steps in 2009 and 2010. First, in 2009, the city approved the owner’s requests to: 1. Amend the comprehensive plan to change the land use guidance for the subject property and the property to the west from low density residential to commercial. 2. Rezone the subject property and the property to the west from R-2 single-family residential to C-1 neighborhood commercial. The drive-in had been operating as a legally non-conforming use. Rezoning the property made the use a legal and conforming use. Although some dimensional legal non-conformities remained, including insufficient parking, parking lot setbacks, landscaping, etc. Next, in 2010, the property owner proposed a new concept for the drive-in restaurant that included expanding the building to include year round seating, removing the house to the west and expanding the parking lot onto that property. This proposal received several approvals, but some have expired per city code regulations and the conditions of the approvals. Listed below are the approvals and the present status of each. 1. A preliminary/final plat to combine the subject property with the property to the west. The plat was never recorded, the properties were not combined, and the plat approvals expired. 2. A subdivision variance to not install a sidewalk along the frontage road. The subdivision variance expired. 3. A variance to the parking lot yard requirements. This variance expired because the parking lot was not constructed. 4. A conditional use permit to operate an in-vehicle service (drive-in restaurant). The conditional use permit remains because the drive-in use has not been abandoned or revoked. While the building has been vacant for a few years, it still exists as a drive-in and has been marketed as such. 13 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances Proposed concept: The proposed new restaurant, Wells Roadside, preserves the existing drive- in model. People will order an pick up their order at a walk-up order window. Customers will take the food to the tables on the patios and clear their own tables when finished eating. Site and building changes: The proposal to remodel the Galaxy Drive-In into the proposed Wells Roadside, as submitted, would make several changes to the site and building. They would reconstruct part of the parking lot to widen the drive-aisle to improve access to parking spaces. The number of drive-in parking spaces would reduce from 15 to 10. The outdoor seating area would expand on the east side of the building and the overall outdoor seating would expand from 931 square feet to 2,095 square feet. They propose to remodel and expand the canopies on the east and west side of the building. And finally, they intend to enclose the spaces below the canopies during the winter and inclement weather to allow seating all year round. Restaurant with intoxicating liquor: The Wells Roadside concept includes beer and wine sales for on-site consumption, and wants to serve “tap” cocktail specialties. The “tap” cocktails refer to premixed cocktails that are served out of a bulk container such as a tap or other type of container. Alcoholic beverages would not be allowed beyond the seating areas (exact boundaries to be defined in later the licensing process) and would exclude vehicle parking areas, including the drive-in spaces if people choose to dine in their vehicles. A zoning text amendment would be required to allow a restaurant with intoxicating liquor on this site, because it cannot meet one of the conditions of that use in the C-1 zoning district which requires a 100 foot setback from residential zoned properties. The proposed zoning text amendment would reduce the 100 foot setback to 25 feet. If approved, then the subject property would meet the 25 foot setback. That request is being processed separately and concurrently. The city council is conducting the first reading of the ordinance amending the zoning ordinance to reduce the required setback to 25 feet at the April 1, 2024 city council meeting. Staff will convey the results of the city council’s action. If the city council denies the first reading then staff will have to amend its recommendation of the conditional use permit to operate a restaurant with intoxicating liquor to a recommendation of denial because it wouldn’t meet the required 100 foot setback. Building code issue. The plan proposes to use a louvered roof system for the canopies over the patio areas so they can be open to the sky during the summer and closed during the winter to provide shelter from the elements. In addition to the louvered roof system, the plan includes a vinyl wall system around the perimeter of the patio that will roll down to fully enclose the patios so they can be heated and occupied during the winter. As noted above, the building and energy department conducted its review and determined that the proposed system meets the building code. Also as noted above, staff will continue to work with the applicant to improve energy efficiency and reduce carbon emissions as much as possible. 14 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances Zoning analysis: Below is a table summarizing the zoning requirements for this project. Further details on some of the requirements are provided after the table. Factor Required Proposed Met? Height 3 stories/35 feet 1 story/10 feet yes Building Materials Minimum 60% class 1; Maximum 10% class 3 Existing building: prefinished metal New pergola: temporary vinyl Yes1 Parking 26 spaces 17 spaces No2 Bicycle Parking 16 spaces 20 spaces yes Yards – Front / Rear 5 feet 20 feet Building: 55 feet Pergola: 19 feet Building: 59 feet Pergola: 47 feet yes Yards – Nort side / South side North: 5 feet South: 5 feet North: 35 feet South: 36 feet Floor Area Ratio 1.2 0.17 yes Landscaping 10 trees 60 shrubs 12 trees, 65 shrubs yes 1 Existing building is legally non-conforming to the exterior materials requirement. 2 Variance required to reduce the number of required parking spaces. Building materials. The existing building is legally non-conforming to the exterior materials requirements of the zoning ordinance. The zoning ordinance requires at least 60% class 1 materials, which includes materials such as glass, brick, stucco and other materials. While the building has some glass, it is primarily prefinished metal, which is a class 2 material. The building can continue to exist and be maintained as legally non-conforming to this requirement, so no changes to the exterior are required. As noted above, the existing canopies will be remodeled to replace the roof with a louvered system that will be open to the sky during the summer and closed during the winter to provide shelter from elements. In addition to the louver system on the roof, the proposal includes vinyl sides that will roll down to fully enclose the patio space so the restaurant can be open all year round. The proposed vinyl sides would be mostly transparent to preserve views into and out of the patio space. The zoning ordinance allows temporary structures for up to 180 days per calendar year, so the temporary siding does not have to meet the architectural exterior requirements. Height. The existing building is one story, and approximately 10 feet in height. The plan does not include any change to the building height. The maximum height allowed is 35 feet. The buildings meets the height limits. Parking. The zoning ordinance requires one parking space per 100 square feet of building area for fast food restaurants. Fast food restaurants include restaurants without waitstaff such as the proposed Wells Roadside concept. For purposes of determining compliance with zoning related items such as minimum required parking, the term building includes the kitchen area and the patios covered by the canopies. These patios are included because they can provide shelter, which meets the definition of “building” in the zoning ordinance. The building is approximately 2,800 square feet, and therefore requires 28 parking spaces. A 10% reduction is allowed for proximity to transit to the west which reduces the parking requirement to 26 parking spaces. There are 14 parking spaces proposed on the site, and three parking spaces available on Quebec Avenue South directly adjacent to the property. This makes 17 parking 15 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances spaces available to count toward the minimum parking requirement. The site is nine parking spaces short of the 26 parking spaces required, and therefore needs a variance. Staff is recommending approval of the variance, and the criteria for the variance is discussed below. Bike parking. Sixteen bike parking spaces are required, and 20 spaces are provided. Electric vehicle charging stations (EVCS). The zoning ordinance requires EVCS for parking lots containing 15 or more parking spaces. The proposal has 14 parking spaces, therefore, EVCS are not required. Yards. As noted in the table above, the project complies with all minimum yard requirements for the building. The parking lot will be altered to remove parking spaces on the east side of the building and move the curb along the north side closer to the property line. The parking lot on the west and south side of the property will remain as is. The zoning ordinance requires the parking lot to be at least five feet from the north and east property lines because they are adjacent to streets. The applicant proposes, however, to expand the drive aisle on the north side of the building to improve access to the parking spaces located on the north side of the building. This expansion will require a five-foot variance to the required yard to allow the edge of the drive aisle to be located at the property line. The variance request is later in the report. An eight-foot yard is required to the property line to the south because it is adjacent to a residentially zoned property. The current yard for the existing parking lot is approximately 4.5 feet. This yard is legally non-conforming and can continue as such without a variance. A yard is not required to the west because it is adjacent to a property zoned C-1. The property to the west is used as a single-family home, however, it was rezoned to C-1 neighborhood commercial in 2009. The existing yard to the west is approximately two feet, so it meets the yard requirement. Landscaping. The zoning ordinance requires one tree per 50 feet of site perimeter. Ten (10) trees are required, and 12 are proposed. The zoning ordinance also requires at least 60 shrubs and 65 are proposed. Screening. A six-foot privacy fence exists along the south and west property lines. There is also some landscaping, however, the amount of landscaping that can be installed is limited by the small yards as noted above. Screening of the parking lot to the property to the south is legally non-conforming and can continue as is. The screening was enhanced in 2008 when the property was remodeled into the current Galaxy Drive-In. Though not required, there is a six-foot-tall privacy fence and some landscaping that screens the lot from the lot to the west. Sidewalk. City code requires commercial properties to have a sidewalk along all street frontages. While the city granted a subdivision variance in 2010 to not install the sidewalk along the north side, that variance has since expired because the plat it was approved with was never 16 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances recorded. Therefore, the city code requirement for the sidewalk needs to be met as illustrated below: Conditional use permit and variance review. The conditional use permit and variance applications will be discussed below. Please refer to the attached drawings and site plans below. 17 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances Conditional use permit major amendment: The applicant requests an amendment to the existing conditional use permit to replace the approved site plans with the site plans for the proposed Wells Roadside concept. Staff finds the application meets the conditions specifically required to operate in-vehicle sales and service, and the general conditions required for a conditional use permit as discussed below. Conditional use permit to allow in-vehicle sales or service: A conditional use permit to allow in-vehicle sales or service was approved in 1010. The current application is to amend the site plan that was approved in 2010 by removing the parking lot that was proposed on the property to the west and expanding the patio area on the east side of the building. See comparison of the 2010 plan and proposed plan above. a. Drive-through facilities and stacking areas shall not be within 100 feet of any parcel that is zoned residential and used or subdivided for residential use, or has an occupied institutional building, including but not limited to schools, religious institutions, and community centers unless the entire facility and stacking areas are separated from said parcel by a building wall. The drive-in facility was constructed in 1951. The 100-foot setback was not required at that time, and therefore, it does not meet this setback. As a result, it is legally non- conforming to the 100-foot setback requirement, and the proposal would continue this legal non-conformity. b. Stacking shall be provided for six cars per customer service point and shall comply with all yard requirements. Service has always been limited to vehicles parked adjacent to the Variance to parking lot yard Variance to aisle width 18 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances building. Therefore, a stacking lane has never been a part of the drive-in concept. This condition does not apply. c. This use shall only be permitted when it can be demonstrated that the operation will not have a significant adverse effect on the existing level of service of adjacent streets and intersections. This restaurant was constructed adjacent to residential properties and with limited on-site parking. As a result, it has always relied on some traffic through the neighborhood and some on-street parking. The requested improvements to cover the patios so the restaurant can be open year-round will require a variance to the minimum number of parking spaces required. The proposal requires 26 parking spaces, and it provides 14 on-site parking spaces and three on-street parking spaces. If approved, it is anticipated that the facility will continue to utilize on-street parking as it historically has with a potentially slight increase reliance on on-street parking. The difference being that the facility will be open all year rather than being limited to during the summer only. As has been demonstrated in the past, there is sufficient on-street parking to facilitate the use. d. The drive-through facility shall be designed so it does not impede traffic or impair vehicular and pedestrian traffic movement, or exacerbate the potential for pedestrian or vehicular conflicts. The in-vehicle service does not impede the traffic flow on the site. Additionally, the facility does not utilize a vehicle stacking area. Therefore, this condition is met. e. Access shall be to a roadway identified in the comprehensive plan as a collector or arterial or shall be otherwise located so that access can be provided without generating significant traffic on local residential streets. The site direct has access to the Highway 7 frontage road. f. Any canopy as part of this use shall be compatible with the architectural design and materials of the principal structure. The canopy is existing. The proposed canopy will be remodeled to be consistent with the new Wells Roadside concept with year-round use. g. The use is in conformance with the comprehensive plan including any provisions of the redevelopment chapter and the plan by neighborhood policies for the neighborhood in which it is located and conditions of approval may be added as a means of satisfying this requirement. The use conforms with the comprehensive plan. Conditional use permit-restaurant with intoxicating liquor: A second conditional use permit is requested to operate a restaurant with intoxicating liquor. The application does not meet the current zoning requirements to operate a restaurant with intoxicating liquor because the building is approximately 36 feet from a residential zoned property to the south, and therefore, it does not meet the 100-foot setback from residential properties requirement. The applicant, however, applied for an amendment to the zoning ordinance to reduce the 100-foot setback to 25 feet. If the zoning ordinance text amendment is approved, then the conditional use permit application would meet the zoning requirements to operate a restaurant with intoxicating liquor as summarized below: a. Access shall be to a roadway identified in the comprehensive plan as a collector or arterial or shall be otherwise located so that access can be provided without generating significant 19 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances traffic on local residential streets. The property has direct access to the Highway 7 frontage road. b. Buildings shall be located a minimum of 100 feet from any parcel that is zoned residential and used or subdivided for residential or has an occupied institutional building including but not limited to a school, religious institution, or community center. The application does not meet the 100-foot setback, but would meet the new requirements if the code is amended by ordinance to reduce this setback from 100 feet to 25 feet. c. Separate pedestrian ways shall be constructed to allow for the separation of pedestrian and vehicular movements within the parking lot. Pedestrian access is provided around the building underneath the canopies. d. The use is in conformance with the comprehensive plan including any provisions of the redevelopment chapter and the plan by neighborhood policies for the neighborhood in which it is located, and conditions of approval may be added as a means of satisfying this requirement. The application is consistent with the comprehensive plan. Below is a summary of how both conditional use permit applications meet the general criteria required for approval of conditional use permits. The review assumes the planning commission will recommend approval of the zoning text amendment. If the planning commission does not recommend approval of the zoning text amendment, then it should also not recommend approval of the conditional use permit to operate a restaurant with intoxicating liquor because it would not meet the 100-foot setback requirement. 1. Consistency with plans. It is consistent with and supportive of principles, goals, objectives, land use designations, redevelopment plans, neighborhood objectives, and implementation strategies of the comprehensive plan. The use of this property as a restaurant is consistent with the comprehensive plan. The proposed building meets the state building and energy code. Additionally, the building is small enough to not be required to meet the city green building policy. City staff will work with the applicant to install efficient infrared heating systems as recommended by the building and energy department. 2. Nuisance. It is not detrimental to the health, safety, morals, and general welfare of the community. It will not have undue adverse impacts on the use and enjoyment of properties, existing and anticipated traffic conditions, parking facilities on adjacent streets, and values of properties in close proximity to the conditional use. The restaurant is adjacent to residential properties to the south, west and east. It was constructed in 1951 and has operated in a similar manner since. A review of aerial photos dating back to 1957 shows that the site has consistently existed in some form as it currently stands, and with limited on-site parking. 3. Compliance with code. It is consistent with the regulations, intent and purpose of city code and the zoning district in which the conditional use is located. The proposed plan meets the conditions required for a restaurant. It also meets the conditions for a 20 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances restaurant with intoxicating liquor only if the proposed text amendment to reduce the 100-foot setback to residential properties to 25 feet is approved. Generally, the site meets code. There are some legally non-conforming conditions to yard requirements, drive aisles width that exists, however, the proposal includes improving some of these where they can. For example, a drive aisle on the north side will be widened as much as possible. It is currently approximately 10 feet wide and will be widened to 17.8 feet. It can’t be widened any further because it is proposed to be built to the property line with no setback, and it cannot be allowed to extend over the property line into the public right-of-way. Variances are requested in addition to the conditional use permits that would allow reduced yards, reduced drive aisle widths, and reduced parking. These variances are discussed below. If the variances are approved, then this criteria for the conditional use permit review are met. If the variances are not approved, then the conditional use permits should be denied as the proposal would not meet code requirements. 4. Consistency with service capacity. It will not have undue adverse impacts on governmental facilities, services or improvements which are either existing or proposed. The proposal is consistent with sewer and water service capacity. 5. Site design. As noted in this report, the restaurant has existed since 1951, and there are some legal non-conformities. The proposal seeks to expand the patio area to the east, and relocate parking elsewhere on the site. It also will be open all year, instead of being limited to the summer. These changes are mitigated by the requested variances, and improvements to the flow of traffic through the site. It still, however, will rely on on-street parking, which it has relied upon for many years, and possibly since it was built in 1951. 6. Consistency with utilities. It is consistent with the city’s stormwater, sanitary sewer, and water plans. The utilities have capacity for the proposed use. Variances. The applicant is requesting the following variances: 1. A five-foot variance to the required five-foot yard for parking lots adjacent to public right-of-ways. 2. A seven-foot variance to allow a 17-foot wide drive aisle instead of the required 24 feet for a drive aisle located along the north side of the property. 3. A variance to allow 17 parking spaces instead of the minimum 26 parking spaces required. When considering variances, zoning ordinance section 36-34(a)(2) requires that the city consider the certain criteria listed in the ordinance. Below is a summary of staff’s findings for each of the variances and for each of the criteria. a. The effect of the proposed variance upon the health, safety, and welfare of the community. Yard and aisle variance: These variances are needed to improve mobility around the north side of the site and the ability to access parking spaces on the north side of the 21 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances building. The drive aisle is currently 10 feet, the required minimum width is 24 feet. The 24-foot width is needed to make turning movements into and out of parking spaces. These variances would allow the drive aisle to be widened by five feet by reducing the yard requirement to zero. Additional width is added to the drive aisle by converting the parking spaces at the narrowest part of the drive aisle to compact parking spaces. The variance along with the compact parking spaces results in a 17.8-foot-wide drive aisle. The site has previously been operating with a legally non-conforming drive aisle. The variances would remove the legal non-conformity by making it a legal 17.8-foot-wide drive aisle. Parking variance. The property currently has 14 parking spaces and is operating as a seasonal drive-in with patio seating. The zoning ordinance does not have a parking formula for a seasonal drive-in restaurant. Therefore, it is difficult to anticipate the amount of traffic it will generate and the amount of parking required. The Wells Roadside concept, however, converts the use to more of typical restaurant use by enclosing the patios allowing the restaurant to be open all year round. As a result, the city can apply the typical fast-food restaurant parking formula of one parking space per 100 square feet of building area to the concept. This generates the previously stated 26 parking spaces required for a restaurant of this size. While the conversion to a year- round restaurant makes it difficult to compare the parking and traffic needs and impacts to the previous drive-in, which also had patio seating, staff believes that the small size of the restaurant, and the small size of the variance is reasonable to enable the existing seasonal restaurant to convert to a year-round concept. Additionally, the variance to improve access to on-site parking is expected to cause them to be used, when previously they were not used due to their inaccessibility. Staff also believes that the impact will be minimal compared to the summer traffic generated by the drive-in when it was operating. b. The request is in harmony with the general purposes and intent of the ordinance. All three variances are intended to improve the operation and traffic flow of the existing restaurant. In 2009, the city rezoned the property from R-2 single-family residential to C- 1 neighborhood commercial so that the use would be in harmony with the general purposes and intent of the ordinance. c. The request is consistent with the comprehensive plan. As previously noted, in 2009 the land use designation of the property in the comprehensive plan was changed from low density residential to commercial. As a result, the property is consistent with the comprehensive plan. d. The applicant for the variance establishes that there are practical difficulties in complying with the zoning ordinance. “Practical difficulties,” as used in connection with the granting of a variance, means that: 1. The property owner proposes to use the property for a land use permitted in the zoning district in which the land is located. A variance can be requested for dimensional items required in the zoning ordinance, including but not limited to setbacks and height limitations. 22 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances Practical difficulties exist because the use is consistent with the C-1 neighborhood commercial district. Restaurants with drive-ins are permitted in this district. 2. The plight of the landowner is due to circumstances unique to the property not created by the landowner. The restaurant was constructed in 1951 and changes to the site designed to improve traffic flow and parking cannot be completed without the requested variances. The site was constructed as a seasonal restaurant which creates difficulties in maintaining staff to operate the restaurant. 3. The variance, if granted, will not alter the essential character of the locality. The yard and drive aisle width variance are on the north side of the building adjacent to the Highway 7 frontage road. They will have no impact on the character of the adjacent residential properties. The variance to reduce the number of required parking spaces is needed due to the technicality of converting the previously outdoor patio area to enclosed seating area. The variance request is also precipitated by the fact that the patio area was expanded by approximately 1,456 square feet. As noted earlier it is difficult to compare the impact of the Wells Roadside to the previously operating Galaxy Drive-In. It is expected that the Wells Roadside concept may increase traffic and on-street parking, however, staff believes there is sufficient parking in close proximity to the restaurant. It is also expected that because of it being nestled in a neighborhood, many of the customers will come from the neighborhood, and will arrive as pedestrians or by bicycle. 4. Economic considerations alone do not constitute practical difficulties. As noted throughout this summary, economic considerations alone do not constitute the only reason for the request. It is expected, however, that the previous seasonal concepts struggled due, in part, by the inability to provide staff while school was in session. Converting to a year-round concept is expected to alleviate this problem and make the site more financially viable. 5. Practical difficulties include inadequate access to direct sunlight for solar energy systems. Access to sunlight for solar energy systems is not applicable to this request. e. There are circumstances unique to the property including the shape, topography, water conditions, or other physical conditions unique to the property. The restaurant is located on a small property. Improvements to traffic flow and parking cannot be made without variances to the yard and drive aisle requirements. Additionally, converting to a year-round concept changes how parking is calculated. f. The granting of the variance is necessary for the preservation and enjoyment of a substantial property right of the applicant. The property has had difficulty operating as a seasonal restaurant. The original drive-in was remodeled in 2010, however, that concept only lasted a couple years, and has been 23 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances vacant since it closed. Converting to a year-round restaurant is an important aspect to operating a restaurant. g. The granting of the variance will not impair an adequate supply of light and air to the adjacent property, unreasonably increase the congestion in the public streets, increase the danger of fire, or endanger public safety. Granting the yard and drive aisle variances will not impact adjacent properties or cause congestion in the streets, or otherwise endanger public safety. Granting the variance to reduce the minimum number of required parking spaces may increase impact traffic on adjacent streets. But it is difficult to determine if it will increase traffic to the site. As noted earlier, it is anticipated that many of the customers will come from the neighborhood as pedestrians or on bicycles. Additionally, the perception of increased traffic is enhanced because the property has been vacant and the previous business did not reach its expected potential and had to close down. Staff believes that the Wells Roadside is a reasonable use of the existing drive-in and that the potential traffic generated is acceptable given that most traffic will utilize the highway 7 frontage road, and not drive through the neighborhood. h. The granting of the variance will not merely serve as a convenience to the applicant but is necessary to alleviate a practical difficulty. As previously noted, the yard and drive aisle variances are needed to improve traffic flow on the north side of the building and to improve access to the parking spaces on the north side of the building. Also, the parking variance is needed due to the proposed conversion of the restaurant from a seasonal restaurant to a year-round restaurant. Next steps: If the planning commission makes a recommendation, then it will be considered at the May 6, 2024, city council meeting. Public outreach: A neighborhood meeting was conducted on March 19, 2024. Twenty-two people attended the meeting. Generally, the neighborhood was in favor of the applications and excited about its reopening. Concerns were expressed about traffic through the neighborhood and the use of on-street parking. The majority supported the request for serving the specialty cocktails, a couple people expressed concern about it. Public hearing notices were mailed to property owners within 350 feet of the site and a sign announcing the public hearing was posted on the property. Staff recommendation: Staff recommends the following: Motion to recommend approval of the major amendment to the conditional use permit to operate an in-vehicle sales and service at 3712 Quebec Ave S with the following conditions. Below is the existing special permit. Staff recommends removing the language indicated as struck out, and adding language indicated as underlined. 1. The site shall be developed, used and maintained in accordance with Exhibits incorporated by reference herein. 24 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances 2. Prior to starting any site work, the following conditions shall be met: a. A preconstruction meeting shall be held with the appropriate development, construction and City representatives. b. All necessary permits must be obtained. c. Specifications for tree protection and erosion control fencing must be submitted and approved by the City Forester. Required tree protection and erosion control fencing must be installed prior to grading activities. 3. Prior to the issuance of a building permit, the following conditions shall be met: a. The applicant shall pay the tree replacement fee of $12,075.00, for the replacement of 105 caliper inches of trees on the site. b. Plans shall be reviewed by the City Engineer and Zoning Administrator to ensure that all proposed utilities, public access points and construction documents conform to the requirements of the City Code of Ordinances and City policies. c. To ensure construction of the landscaping, other required public improvements, and the cleaning of public streets during construction, a financial guarantee shall be provided in the amount of 125% of the cost of the landscaping materials. d. The planned installation of any mechanical equipment shall include means to ensure it is fully screened from off-site view. 4. The developer shall comply with the following conditions during construction: a. All City noise ordinances shall be complied with, including that there be no construction activity between the hours of 10 p.m. and 7 a.m. b. Loud equipment shall be kept as far as possible from residences at all times. c. The site shall be kept free of dust and debris that could blow onto neighborhood properties. d. Public streets shall be maintained free of dirt and shall be cleaned as necessary. e. The site shall be kept free of dust and debris that could blow onto neighboring properties. f. The City shall be contacted a minimum of 72 hours prior to any work in a public street. Work in a public street shall take place only upon the determination by the Director of Public Works that appropriate safety measures have been taken to ensure motorist and pedestrian safety. g. The Zoning Administrator may impose additional conditions if it becomes necessary in order to mitigate the impact of construction on surrounding properties. 5. Prior to the issuance of any temporary or permanent occupancy permit the following shall be completed: a. Fire lanes shall be signed and striped in accordance with the signed Official Exhibits. b. Landscaping and irrigation shall be in accordance with the signed Official Exhibits. 25 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances c. Exterior building improvements shall be completed in accordance with the signed Official Exhibits and approved materials and colors. d. All mechanical equipment shall be installed and it shall be demonstrated that all such equipment is fully screened from off-site views. To protect the health, safety and welfare of the community, the painting of mechanical equipment shall not be considered screening. 6. The number of customer seats allowed for the site shall be set at a ratio of three (3) seats per each parking space, as follows: a. The approved site plans include 36 off-street parking spaces and 13 on-street parking spaces for a total of 49 available parking spaces. Under these circumstances, 147 customer seats are permitted. b. Should on-street parking restrictions around the site be modified in the future, the number of permitted customer seats should be adjusted accordingly. 7. No outside storage is permitted. Incidental outside storage shall be removed within 48 hours. 8. Fire lanes shall be in accordance with the requirements of the Fire Marshal. 9. To ensure pedestrian and vehicular safety, the installation of any on-site traffic calming measures not indicated on the official exhibits, including speed bumps, shall require a major amendment to the Conditional Use Permit. 10. Hours of operation at the drive-in restaurant shall be limited to the hours between 89:00 AM and 10:00 PM Sunday through Thursday, and 9:00 AM through 11:00 PM Friday and Saturday. 11. Rights-of-way adjacent to the property shall be maintained clear from permanent structures. A City right-of-way permit shall be required for any temporary use of the right-of-way. 12. The conditional use permit is amended on (date of council meeting) by deleting language indicated by a strike-out in previously approved conditions and adding the following: a. The previously approved exhibits are replaced by the exhibits approved at the date of this council meeting. b. The fence and all art and play structures in the public right-of-way shall be removed. An encroachment agreement shall be required for any seating and improvements installed within the public right-of-way. c. Music from loud speakers shall not be audible from off-site. d. All utility services shall be buried. e. A public sidewalk that meets city public sidewalk specifications shall be constructed within the south side of the highway 7 frontage road public right-of-way. 26 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances f. The Mayor and City Manager are authorized to execute the Planning Development Contract. g. Prior to starting any land disturbing activities, the following conditions shall be met: i. A preconstruction meeting shall be held with the appropriate development, construction, private utility, and city representatives. ii. All necessary permits shall be obtained. h. Prior to issuing any building permits, a Planning Development Contract shall be executed between the city and developer that addresses, at a minimum: i. The installation of all public and private improvements including, but not limited to: sidewalks, parking lot, modifications to the boulevards, and the execution of necessary easements related to such improvements. ii. A performance guarantee in the form of cash escrow or irrevocable letter of credit shall be provided to the City of St. Louis Park in the amount of 1.25 times the estimated costs for the installation of all public improvements, placement of iron monuments at property corners, and the private site stormwater management system and landscaping. iii. The applicant shall reimburse City Attorney’s fees in drafting/reviewing such documents as required in the final plat approval. Motion to recommend approval of the conditional use permit to operate a restaurant with intoxicating liquor with the following conditions: 1. Alcohol cannot be served to people in vehicles. 2. Alcohol cannot be consumed by people while in a vehicle. 3. Alcohol must be contained within the designated area approved as part of the liquor license. 4. The facility shall not incorporate a separate bar area. Motion to recommend approval of the requested variances to the required yard for parking lots, drive aisle width, and minimum number of parking spaces for a restaurant located at 3712 Quebec Ave S with the following conditions: 1. The property shall be developed in accordance with the approved exhibits. 2. The site must maintain at least 14 parking spaces. Supporting documents: aerial photo; developer narratives; project plans; draft planning commission meeting minutes (earlier in the agenda) Prepared by: Gary Morrison, zoning administrator Reviewed by: Sean Walther, planning manager/deputy community development director 27 Regular meeting of April 17, 2024 (Item No. 4.a.) Title: 3712 Quebec Ave S (Wells Roadside) – conditional use permit, variances Aerial photo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·GWUHHVDORQJZLWKPXUDODQGEUDQGHGDUWLQVWUDWHJLFORFDWLRQVWRIRVWHUDFWLYLW\DQGLQWHUDFWLRQDURXQGWKHJUDVV\DUHDVRIWKHH[LVWLQJVLWH6LWHOLJKWLQJZLOOEHVNLOOIXOO\FRQVLGHUHGWRQRWVSLOOLQWRQHLJKERULQJSURSHUWLHVDQGKLJKOLJKWWKHJURXQGVXUIDFHVZLWKVRIWHUPRUHZHOFRPLQJOLJKWWKDQZKDWZDVSUHYLRXVO\XVHG7KHUHDUH  ZDONXSZLQGRZVZLWKVWDLQOHVVVWHHOFRXQWHUVDORQJWKHH[WHULRU7KHUHLVFXUUHQWO\ORRVHIXUQLWXUHWKURXJKRXWWKHVLWHWKDWZLOOEHUHPRYHGUHSODFHGDQGÀ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ÁRSS\VSUXFHWUHHVGLVSHUVHGZLWKLQWKHSURSHUW\DQGRXWVLGHWKHSURSHUW\OLQHV7KHVHWUHHVDUHVWUDQJHLQDSSHDUDQFHDQGGLVWUDFWIURPDQDSSURDFKDEOHDQGFOHDQHQYLURQPHQW:HSURSRVHWRUHSODFHWKHVHGHFRUDWLYHWUHHVZLWK  FDQRS\WUHHVSHUFLW\VSHFLHVUHTXLUHPHQWVDORQJWKHIURQWDJHURDGRXWVLGHRIWKHSURSHUW\OLQHDQGDQDGGLWLRQDO´JURYHµ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·µVHWEDFN]RQLQJUHTXLUHPHQW,I·µLVUHTXLUHGZHDUHQRWDEOHWRPHHWFRGHUHTXLUHG·µGULYHDLVOHIRUSDUNLQJVWDOOV9DULDQFH5HTXHVWWRUHGXFHGULYHDLVOHGHSWKWR·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ßSULYDWHàLQVWDOODWLRQVWKDWDUHRXWVLGHWKHLUMXULVGLFWLRQ7KHVHßSULYDWHà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q$&(;,67,1*,03(59,286$5($q$&  352326(',03(59,286$5($q$&  ,03(59,286$5($6%$6('21',6785%('$5($21/<6,7('$7$<$5' %8,/',1* 6(7%$&.6)5217 )70,1,0806,'( )70,1,0806,'( $'-5(6,'(17,$/ )70,1,0805($5 )70,1,0802))675((73$5.,1*6(7%$&.6)5217 )70,1,0806,'( )70,1,0805($5 )70,1,0800,1,0803$5.,1*/$<287',0(16,216 '(*5((3$77(51 3$5.,1*63$&(:,'7+ )73$5.,1*63$&(/(1*7+ )7'5,9(/$1(:,'7+ )70,1,0803$5.,1*/$<287',0(16,216 '(*5((3$77(51 3$5.,1*63$&(:,'7+ )73$5.,1*63$&(/(1*7+ )7'5,9(/$1(:,'7+ )70,1,0803$5.,1*/$<287',0(16,216 3$5$//(/3$77(51 3$5.,1*63$&(:,'7+ )73$5.,1*63$&(/(1*7+ )7'5,9(/$1(:,'7+ )7(;,67,1*5(67$85$17 6)#3(56))/225$5($ 67$//6352326('287'2256($7,1*6)#3(56))/225$5($ 67$//6727$/3$5.,1*5(48,5(' 67$//6(;,67,1*3$5.,1* 67$//63$5.,1*5(029(' 67$//6352326('3$5.,1* 67$//6727$/3$5.,1*3529,'(' 67$//6(;,67,1*$&&(66,%/(3$5.,1* 67$//5(029('$&&(66,%/(3$5.,1* 67$//352326('$&&(66,%/(3$5.,1*67$//727$/ 67$//5(48,5('$&&(66,%/(3$5.,1* 67$// 5(48,5('0,1,080180%(52)$&&(66,%/(63$&(6)257267$//6'(9(/230(17$1''(6,*167$1'$5'62))675((73$5.,1*&$/&8/$7,216$&&(66,%/(3$5.,1*127(6((3$9(0(176(&7,216216+((7&)257<3($1''(37+,1)250$7,21/,*+7'87<%,780,12863$9(0(17&21&5(7(6,'(:$/.+($9<'87<%,780,12863$9(0(17&21&5(7(3$9(0(173$9(0(177<3(6%&85% *877(5 67$1'$5' %&85% *877(5 7,3287 )/$7&85% *877(5 67$1'$5' )/$7&85% *877(5 7,3287 127(6((&85% *877(5'(7$,/6216+((7&68502817$%/(&85% *877(5 67$1'$5' 68502817$%/(&85% *877(5 7,3287 &85%7<3(66,7(3/$135 *5$',1* (526,21&21752/3/$1&203$&7123 $ 5 . ,1 *&203$&7&203$&7q(;q(;q(;q(;q(;q(;q(;q(;q(;q(;q(;q(;q(;7: q(;7: q(;7: q(;7: q(;*: q(;q(;q(;q(;7: q(;7: q(;q(;q(;q(;q(;7&q(;q(;7: q(;7: q(;q(;7&q(;7&q(;7&q(;7&7&7&q(;q(;q(;q(;q(;q(;q(;7&q(;7&7&q(;7&q(;q(;7&q(;7: q(;7: q(;7&7&7&7&7: q(;7&7&7&7&q(;q(;7&q(;q(;q(;q(;q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q(67,0$7('48$17,7,(6 6327(/(9$7,2165(35(6(17),1,6+('685)$&(*5$'(6*877(5)/2:/,1()$&(2)%8,/',1*25('*(2)3$9(0(1781/(6627+(5:,6(127(' $//$&&(66,%/(5287(66+$//%(&216758&7(':,7+$&52666/23(127(;&((',1*$1'$5811,1*6/23(127(;&((',1* $77851,1*32,176$/21*7+($&&(66,%/(5287(7+(3$9(0(176+$//127(;&((',1$1<',5(&7,21)25$1$5($,1',$0(7(5 $//38%/,&6,'(:$/.66+$//%(&216758&7(':,7+$&52666/23(127(;&((',1*$1'$5811,1*6/23(127(;&((',1* &$7&+%$6,16$1'0$1+2/(6,13$9('$5($66+$//%(6803(')((7$//&$7&+%$6,16,1*877(566+$//%(6803(')((75,0(/(9$7,2166+2:1213/$16'21275()/(&76803('(/(9$7,216 (;,67,1*62,/6$5($6680('72%(&2$56(*5$,1('62,/6 *:*3*0*&6:63606& 3(57+(81,),('62,/&/$66,),&$7,21&2175$&72572127,)<(1*,1((5,)(;,67,1*&21',7,216',))(5)520$6680('62,/&21',7,216 *5$',1*,1&/8',1*%87127/,0,7('72(;&$9$7,21$1'%$&.),//2)7+(,1),/75$7,21$5($ 6 6+$//%($&&203/,6+('86,1*/2:,03$&7($57+029,1*(48,30(177235(9(17&203$&7,212)7+(81'(5/<,1*62,/660$//75$&.(''2=(56$1'%2%&$76:,7+5811(575$&.6$5(5(&200(1'('12:+((/('0$&+,1(66+$//%(86(' 62,/%(1($7+7+(,1),/75$7,21$5($ 6 6+$//%(5,33(':,7+$7227+('%8&.(7725(029(62,/,17(5)$&(35,2572%$&.),// &,7<$1':$7(56+('6+$//%(127,),('$7/($67+285635,2572&216758&7,212)67250:$7(5%036 $//',6785%('813$9('$5($6$5(725(&(,9(0,1,0802),1&+(62)72362,/$1'6(('08/&+2562'7+(6($5($66+$//%(:$7(5('0$,17$,1('%<7+(&2175$&725817,/9(*(7$7,21,6(67$%/,6+('5()(5727+(/$1'6&$3(3/$16'(7$,/6$1'63(&,),&$7,216)25),1$/6,7(67$%,/,=$7,21 )256,7(5(7$,1,1*:$//67:(48$/6685)$&(*5$'($7723)$&(2):$// 1277232):$// *:(48$/6685)$&(*5$'($7:$//*5$'(75$16,7,21$1'%:(48$/6685)$&(*5$'($7%27720)$&(2):$// 127%277202)%85,(':$//&2856(6  )256,7(67$,5676(48$/6685)$&((/(9$7,21$77232)67$,56$1'%6(48$/6685)$&((/(9$7,21$7%277202)67$,565()(5726,7(3/$1)25180%(52)5,6(56$1'5,6(5+(,*+7 675((760867%(&/($1('$1'6:(37:+(1(9(575$&.,1*2)6(',0(1762&&856$1'%()25(6,7(6$5(/()7,'/()25:((.(1'6$1'+2/,'$<6$5(*8/$56:((3,1*6&+('8/(0867%((67$%/,6+(' '8670867%($'(48$7(/<&21752//(' 6((6,7(3/$1)25&85%$1'%,780,12867$3(5/2&$7,216 5()(5(1&($5&+,7(&785$/$1'6758&785$/'5$:,1*6)25%8,/',1*(/(9$7,216 7+(&2175$&725$/21*:,7+7+(2:1(56+$//2%7$,1$//1(&(66$5<3(50,76$1'$33529$/6)520*29(51,1*$87+25,7,(6,1&/8',1*$1<&,7<3(50,76$1'7+(13'(63(50,7 ,167$//(526,21&21752/$1'75((3527(&7,210($685(6%()25(%(*,11,1*6,7(*5$',1*$&7,9,7,(6620((526,21&21752/668&+$6%$/(&+(&.6$1'7(0325$5<6,/7321'60$<%(,167$//('$6*5$',1*2&&856,163(&,),&$5($60$,17$,1(526,21&21752/67+528*+2877+(*5$',1*352&(66$1'5(029(:+(1785)+$6%((1(67$%/,6+(' 3(51$7,21$/32//87$17',6&+$5*((/,0,1$7,216<67(067$7(',6326$/6<67(0 13'(66'6 5(48,5(0(1767+(:$6+287$1'&/($12872)678&&23$,17&21&5(7()2505(/($6(2,/6&85,1*&203281'6$1'27+(5&216758&7,210$7(5,$/66+$//%(3523(5/<&217$,1('$1'',6326('2)7+(&2175$&7256+$//%(5(63216,%/()253529,',1*$1'86,1*$33529('0(7+2'62)&217$,10(1768&+$635()$%5,&$7(':$6+287&217$,1(56&21&5(7(:$6+287727(5($'<0,;758&.6:,7+6(/)&217$,1('&+87(&/($1287(7& &2175$&7256+$//3529,'($6%8,/7,1)250$7,212)*5$',1*$&7,9,7,(6$61(('('3(5$33/,&$%/(3(50,75(48,5(0(176$1'25'(9(/230(17$*5((0(176*5$',1*'5$,1$*( (526,21&21752/127(636 /$1'6&$3(3/$1&203$&712 3 $ 5 . , 1 *&203$&7&203$&70)('/6$7/6('0)6+66&0)4$.2('('/0/05(/2&$7('*$6),5(3,7 7<3 (;,67,1**$6),5(3,7 7<3 $7/,0,762),55,*$7,21 7<3 6<0%2/ &2'(47<%27$1,&$/1$0( &200211$0( &217 6,=('(&,'828675((64$ 3238/8675(08/2,'(648$.,1*$63(1% % &$/.248(5&86;:$5(,1$'/(5.,1'5('63,5,72$. % % &$/251$0(17$/75((666&  0$/86;C635,1*612:C 635,1*612:&5$%$33/( % % &$/6<0%2/ &2'(47<%27$1,&$/1$0( &200211$0( &217 6,=( 63$&,1*6+58%60) )256<7+,$;C&2857$62/C *2/'7,'()256<7+,$ *$/ +*7 RF*5$66(66+  63252%2/86+(7(52/(3,6 35$,5,('5236((' &217 *$/ RF6<0%2/ &2'( %27$1,&$/1$0( &200211$0( 6,=( &217 63$&,1**5281'&29(5662'785)62'62'3/$176&+('8/(16&$/(,1)((7 127((;,67,1*&21',7,216,1)250$7,216+2:1,6)520$1$/7$1636/$1'7,7/(6859(<35(3$5('%</28&.6'$7('/LFHQVH1R'DWH,KHUHE\FHUWLI\WKDWWKLVSODQVSHFLILFDWLRQRUUHSRUWZDVSUHSDUHGE\PHRUXQGHUP\GLUHFWVXSHUYLVLRQDQGWKDW,DPDGXO\/LFHQVHG/DQGVFDSH$UFKLWHFWXQGHUWKHODZVRIWKH6WDWHRI0LQQHVRWD.HYLQ9.URHQ/$6FDOH'DWH'UDZQ%\&KHFNHG%\3URMHFW1XPEHU,668('$7(9LOODJH'UY/,12/$.(601:::7$1'*$5&+&20&,7<67$03$5($$VLQGLFDWHGB48(%(&$9(667/28,63$5.01&21&(378$/'(6,*16&+(0$7,&'(6,*1'(6,*1'(9(/230(173(50,7 %,'6(7)25&216758&7,217%'7%'7%'7%':(//652$'6,'(5(9,6,216&+('8/(12 '(6&5,37,21 '$7(127)25&216758&7,211:(1:(.9./28&.6/28&.6352-(&712+HPORFN/DQH6XLWH0$3/(*529(01:::/28&.6,1&&20:$51,1*7+(&2175$&7256+$//%(5(63216,%/()25&$//,1*)25/2&$7,2162) $// (;,67,1* 87,/,7,(6 7+(< 6+$// &223(5$7( :,7+ $// 87,/,7<&203$1,(6,10$,17$,1,1*7+(,56(59,&($1'255(/2&$7,212)/,1(67+( &2175$&725 6+$// &217$&7 *23+(5 67$7( 21( &$// $7$7/($67+2856,1$'9$1&()257+(/2&$7,2162)$// 81'(5*5281' :,5(6 &$%/(6 &21'8,76 3,3(6 0$1+2/(69$/9(6 25 27+(5 %85,(' 6758&785(6 %()25( ',**,1* 7+(&2175$&7256+$// 5(3$,5255(3/$&( 7+( $%29( :+(1'$0$*(''85,1*&216758&7,21$712&267727+(2:1(5*(1(5$/127(6&2175$&7256+$//9,6,76,7(35,257268%0,77,1*%,'+(6+$//,163(&76,7($1'%(&20()$0,/,$5:,7+(;,67,1*&21',7,2165(/$7,1*727+(1$785($1'6&23(2):25.9(5,)</$<287$1'$1<',0(16,2166+2:1$1'%5,1*727+($77(17,212)7+(/$1'6&$3($5&+,7(&7$1<',6&5(3$1&,(6:+,&+0$<&203520,6(7+('(6,*1$1'25,17(172)7+(352-(&7 6/$<287$6685(&203/,$1&(:,7+$//$33/,&$%/(&2'(6$1'5(*8/$7,216*29(51,1*7+(:25.250$7(5,$/66833/,('&2175$&7256+$//3527(&7$//(;,67,1*52$'6&85%6*877(5675$,/675((6/$:16$1'6,7((/(0(176'85,1*3/$17,1*23(5$7,216$1<'$0$*(726$0(6+$//%(5(3$,5('$712&267727+(2:1(5&2175$&7256+$//9(5,)<$/,*10(17$1'/2&$7,212)$//81'(5*5281'$1'$%29(*5$'(87,/,7,(6&2175$&725723529,'(7+(1(&(66$5<3527(&7,21)257+(87,/,7,(6%()25(&216758&7,210$7(5,$/,167$//$7,21%(*,16&2175$&72572127,)<*(1(5$/&2175$&7252)$1<&21&(51635,2572,167$//$7,212)3/$17,1*6(;,67,1*&217285675$,/69(*(7$7,21&85%*877(5$1'27+(5(;,67,1*(/(0(176%$6('8321,1)250$7,216833/,('72/$1'6&$3($5&+,7(&7%<27+(56&2175$&7256+$//9(5,)<$1<$1'$//',6&5(3$1&,(635,2572&216758&7,21$1'127,)</$1'6&$3($5&+,7(&72)6$0(7+($/,*10(17$1'*5$'(62)7+(352326(':$/.675$,/6$1'2552$':$<6$5(68%-(&772),(/'$'-8670(175(48,5('72&21)25072/2&$/,=('7232*5$3+,&&21',7,216$1'720,1,0,=(75((5(029$/$1'*5$',1*$1<&+$1*(,1$/,*10(170867%($33529('%</$1'6&$3($5&+,7(&7/$1'6&$3(3529,'('3529,'('75((61(:&$123<75(( 1(:251$0(17$/75((6    727$/&$123<75((6 727$/75((63529,'('  68%67,787(':,7+251$0(17$/75((6$7$5$7,22)7:2  251$0(17$/75((67221(  &$123<25(9(5*5((175(( 3529,'('6+58%61(:6+58%6(;,67,1*6+58%6727$/6+58%6//$1'6&$3(3/$1$57,),&,$/785)6<0%2/ '(6&5,37,21'(7$,/63(&0$7(5,$/0$18)$&785(5 02'(/ &200(1766<17+(7,&785) /1</21 6<1/$:1 6<1$8*867,1(('*,1*6<0%2/ '(6&5,37,21'(7$,/63(&0$7(5,$/&2/25 &200(176/$1'6&$3(('*(5 /67((/ %/$&. ;/$1'6&$3(0$7(5,$/66<0%2/ '(6&5,37,21'(7$,/63(&0$7(5,$/),1,6+ &2/25 &200(1765,9(552&.08/&+ /6721( :$6+(' 5,9(552&. 5,9(552&.720$7&+(;,67,1*08/&+*5$<75$352&.08/&+ /6721(1$785$/*5$<72'$5.*5$< *5$<75$352&./$1'6&$3(0$7(5,$/66<0%2/ '(6&5,37,21'(7$,/63(&0$7(5,$/),1,6+ &2/25 &200(17675$352&.5,35$3 /6721(1$785$/*5$<72'$5.*5$< 75$352&./$1'6&$3(685)$&,1*6<0%2/ '(6&5,37,21'(7$,/63(&0$7(5,$/),1,6+ &2/25 &200(176'(&20326('*5$1,7( /'(&20326('*5$1,7( 67$%,/,=(' *5$<$7('/0/0/0/65()(5(1&(127(66&+('8/(37 /$1'6&$3('(7$,/6/LFHQVH1R'DWH,KHUHE\FHUWLI\WKDWWKLVSODQVSHFLILFDWLRQRUUHSRUWZDVSUHSDUHGE\PHRUXQGHUP\GLUHFWVXSHUYLVLRQDQGWKDW,DPDGXO\/LFHQVHG/DQGVFDSH$UFKLWHFWXQGHUWKHODZVRIWKH6WDWHRI0LQQHVRWD.HYLQ9.URHQ/$6FDOH'DWH'UDZQ%\&KHFNHG%\3URMHFW1XPEHU,668('$7(9LOODJH'UY/,12/$.(601:::7$1'*$5&+&20&,7<67$03$5($$VLQGLFDWHGB48(%(&$9(667/28,63$5.01&21&(378$/'(6,*16&+(0$7,&'(6,*1'(6,*1'(9(/230(173(50,7 %,'6(7)25&216758&7,217%'7%'7%'7%':(//652$'6,'(5(9,6,216&+('8/(12 '(6&5,37,21 '$7(127)25&216758&7,211:(1:(.9./28&.6/28&.6352-(&712+HPORFN/DQH6XLWH0$3/(*529(01:::/28&.6,1&&20//$1'6&$3('(7$,/6*(1(5$/127(6&225',1$7(7+(3+$6(62)&216758&7,21$1'3/$17,1*,167$//$7,21:,7+27+(5&2175$&7256:25.,1*216,7(123/$17,1*:,//%(,167$//('817,/$//*5$',1*$1'&216758&7,21+$6%((1&203/(7(',17+(,00(',$7($5($$//3/$17672%(,167$//('$63(53/$17,1*'(7$,/65(029($//)/$**,1*$1'/$%(/6)5203/$176,)7+(/$1'6&$3(&2175$&725,6&21&(51('253(5&(,9(6$1<'(),&,(1&,(6,17+(3/$176(/(&7,21662,/&21',7,21625$1<27+(56,7(&21',7,21:+,&+0,*+71(*$7,9(/<$))(&73/$17(67$%/,6+0(176859,9$/25*8$5$17((7+(&2175$&7250867%5,1*7+(6('(),&,(1&,(6727+($77(17,212)7+(/$1'6&$3($5&+,7(&735,2572352&85(0(17$1'25,167$//$7,213527(&7$//(;,67,1*75((6216,7(6&+('8/('725(0$,1,)(;,67,1*75((6$5('$0$*(',1$1<0$11(5$%29(25%(/2:*5281',17+(52276<67(0$1$63+$/7,&75((3581,1*3$,176+28/'%($33/,(',00(',$7(/<$)7(5:281',1*62,/ *5281'&29(5$//3/$17,1*$5($65(&(,9,1*3/$17('*5281'&29(53(5(11,$/6$118$/6$1'259,1(66+$// 5(&(,9($0,1,0802)'(37+2)3/$17,1*62,/ 01'27%25(48$/ :+(5(62'6(('$%8763$9('685)$&(6),1,6+('*5$'(2)62'6(('6+$//%(+(/'%(/2:685)$&((/(9$7,212)75$,/6/$%&85%(7&6(('$//$5($6',6785%(''8(72*5$',1*27+(57+$17+26($5($6127('725(&(,9(62'6(('6+$//%(,167$//('$1'08/&+('$63(501'2763(&662'$//'(6,*1$7('$5($6',6785%(''8(72*5$',1*62'6+$//%(/$,'3$5$//(/727+(&2172856$1'6+$//+$9(67$**(5('-2,176216/23(667((3(57+$125,1'5$,1$*(6:$/(67+(62'6+$//%(67$.('727+(*5281'/$1'6&$3(&2175$&7256+$//9(5,)<7+$762,/$1'&203$&7,21&21',7,216$5($'(48$7(72$//2:)253523(5'5$,1$*($7$1'$5281'7+(%8,/',1*6,7(3/$17,1*6,1)2$//3/$170$7(5,$/6+$//&203/<:,7+7+(/$7(67(',7,212)7+($0(5,&$167$1'$5')251856(5<672&.$0(5,&$1$662&,$7,212)1856(5<0(181/(66127('27+(5:,6($//6+58%66+$//+$9($7/($67&$1(6$77+(63(&,),('0,1,0806+58%+(,*+725:,'7+251$0(17$/75((66+$//+$9(129&527&+(6$1'6+$//%(*,1%5$1&+,1*12/2:(57+$1 $%29(5227%$//675((7$1'%28/(9$5'75((66+$//%(*,1%5$1&+,1*12/2:(57+$1 $%29(),1,6+('*5$'($1<&21,)(528675((35(9,286/<3581(')25&+5,670$675((6$/(66+$//127%(86('$//&21,)(528675((66+$//%()8//)2501$785$/727+(63(&,(6:,7+2873581,1*35,25723/$17,1*),(/'9(5,)<7+$77+(5227&2//$55227)/$,5,6/2&$7('$77+(7232)7+(%$//(' %85/$375((,)7+,6,61277+(&$6(62,/6+$//%(5(029(''2:1727+(5227&2//$55227)/$,5:+(17+(%$//(' %85/$375((,63/$17('7+(5227&2//$55227)/$,56+$//%((9(1256/,*+7/<$%29(),1,6+('*5$'($//352326('3/$1766+$//%(/2&$7('$1'67$.('$66+2:1213/$1$'-8670(176,1/2&$7,212)352326('3/$170$7(5,$/60$<%(1(('(',1),(/'6+28/'$1$'-8670(17%($'9,6('7+(/$1'6&$3($5&+,7(&70867%(127,),('3/$17$.(635(&('(1&(29(53/$176&+('8/(,)',6&5(3$1&,(6,148$17,7,(6(;,6763(&,),&$7,2167$.(35(&('(1&(29(5127(6123/$170$7(5,$/68%67,787,216:,//%($&&(37('81/(66$33529$/,65(48(67('2)7+(/$1'6&$3($5&+,7(&7%<7+(/$1'6&$3(&2175$&72535,25727+(68%0,66,212)$%,'$1'254827$7,21:5$33,1*0$7(5,$/6+$//%(&2558*$7('39&3,3,1**5($7(5,1&$/,3(57+$17+(75((%(,1*3527(&7('2548$/,7<+($9<:$7(53522)&5(3(3$3(50$18)$&785(')257+,6385326(:5$3$//'(&,'828675((63/$17(',17+()$//35,2572$1'5(029($//:5$33,1*$)7(5)(57,/,=(5$//3/$170$7(5,$/66+$//%()(57,/,=('8321,167$//$7,21:,7+$6/2:5(/($6()(57,/,=(50,;(',1:,7+7+(3/$17,1*62,/3(57+(0$18)$&785(5 6,16758&7,2163/$1760$<%(75($7(')256800(5$1')$//,167$//$7,21:,7+$1$33/,&$7,212)*5$18/$5$72=3(5&$/,3(53(575(($1'2=3(56+58%:,7+$1$'',7,21$/$33/,&$7,212)7+()2//2:,1*635,1*,17+(75((6$8&(5('*,1*)253/$17,1*%('6%/$&.0(7$/('*(572%(86('72&217$,16+58%63(5(11,$/6$1'$118$/6:+(5(%('0((7662'6(('81/(66127('27+(5:,6(3/$17,1*%('35(3$5$7,21$//$118$/$1'3(5(11,$/3/$17,1*%('6725(&(,9('((36+5(''('+$5':22'08/&+:,7+12:(('%$55,(5$//6+58%%('0$66,1*6725(&(,9('((36+5(''('+$5':22'08/&+$1'),%(50$7:(('%$55,(5$//75((6127,13/$17,1*%('6725(&(,9('((36+5(''('+$5':22'08/&+5,1*:,7+1208/&+,1',5(&7&217$&7:,7+75((7581.635($'*5$18/$535((0(5*(17+(5%,&,'( 35((125(48$/ 3(50$18)$&785(5 65(&200(1'$7,21681'(5$//08/&+('$5($60$,17(1$1&(675,3672+$9(('*(5$1'08/&+$663(&,),(',1',&$7('21'5$:,1*25,163(&,),&$7,21,163(&7,21$1':$55$17<&2175$&7256+$//68%0,7$:5,77(15(48(67)257+(2:1(5$&&(37$1&(,163(&7,212)$///$1'6&$3($1'6,7(,03529(0(176&2175$&725,65(63216,%/()2521*2,1*0$,17(1$1&(2)$//1(:/<,167$//('0$7(5,$/6817,/7,0(2)2:1(5$&&(37$1&($1<$&762)9$1'$/,6025'$0$*(:+,&+0$<2&&8535,25722:1(5$&&(37$1&(6+$//%(7+(5(63216,%,/,7<2)7+(&2175$&725&2175$&7256+$//3529,'(7+(2:1(5:,7+$0$,17(1$1&(352*5$0,1&/8',1*%871271(&(66$5,/</,0,7('723581,1*)(57,/,=$7,21$1'',6($6(3(67&21752/&2175$&7256+$//*8$5$17((1(:3/$170$7(5,$/7+528*+21(  &$/(1'$5<($5)5207+('$7(2)2:1(5$&&(37$1&(:$55$17< 21(  )8//*52:,1*6($621 )25/$1'6&$3(0$7(5,$/66+$//%(*,1217+('$7(2)$&&(37$1&(%<7+(/$1'6&$3($5&+,7(&7$)7(57+(&203/(7,212)3/$17,1*2)$///$1'6&$3(0$7(5,$/6123$57,$/$&&(37$1&(:,//%(&216,'(5('7,0,1*2),167$//$7,2181/(66127('27+(5:,6(7+($335235,$7('$7(6)25635,1*3/$170$7(5,$/,167$//$7,21$1'6(('62'3/$&(0(17,6)5207+(7,0(*5281'+$67+$:('72-81()$//62'',1*,6*(1(5$//<$&&(37$%/()520$8*867129(0%(5)$//6((',1*)520$8*8676(37(0%(5'250$176((',1*,17+()$//6+$//1272&&8535,2572129(0%(5)$//&21,)(52863/$17,1*0$<2&&85)520$8*8672&72%(5$1''(&,'82863/$17,1*)5207+(),567)5267817,/129(0%(53/$17,1*2876,'(7+(6('$7(6,61275(&200(1'('$1<$'-8670(170867%($33529(',1:5,7,1*%<7+(/$1'6&$3($5&+,7(&775((6$5(12772%(3581('5(029('2575$163/$17('%(7:((1$35,/$1'-8/<127,)</$1'6&$3($5&+,7(&7,)7+(6('$7(6$5(81$92,'$%/(,55,*$7,21127(69(5,)<(;,67,1*,55,*$7,216<67(0/$<287$1'&21),50&203/(7(/,0,762),55,*$7,2135,25726833/<,1*6+23'5$:,1*6/$1'6&$3(&2175$&7256+$//%(5(63216,%/()253529,',1*$1,55,*$7,21/$<2873/$1$1'63(&,),&$7,21$6$3$572)7+(6&23(2):25.:+(1%,'',1*7+(6(6+$//%($33529('%<7+(/$1'6&$3($5&+,7(&735,257225'(5$1'25,167$//$7,21,76+$//%(7+(/$1'6&$3(&2175$&72565(63216,%,/,7<72,1685(7+$7$//62''('6(('('$1'3/$17('$5($6$5(,55,*$7('3523(5/<,1&/8',1*7+26($5($6',5(&7/<$5281'$1'$%877,1*%8,/',1*)281'$7,217+(/$1'6&$3(&2175$&7256+$//3529,'(7+(2:1(5:,7+$1,55,*$7,216&+('8/($335235,$7(727+(352-(&76,7(&21',7,216$1'723/$170$7(5,$/*52:7+5(48,5(0(176,55,*$7,216<67(0,612772635,1./($&52663$9(0(171256+$//7+(6<67(0635,1./(7+(%8,/',1*7+(6<67(06+$//,1&25325$7($5$,16(1625,172,55,*$7,216<67(03/$17,1*62876,'(7+(/,0,762),55,*$7,21$5(72%(:$7(5('5(*8/$5/<817,/3/$17,1*62'6(('+$6%((1(67$%/,6+('[5227%$//:,'7+6(73/$172181',6758%('1$7,9(62,/6&$5,)<%27720$1'6,'(62)+2/(35,25723/$17,1*('*(&21',7,219$5,(6:22'67$.(%$&.),//:,7+,16,7872362,/08/&+'((31208/&+,1&217$&7:,7+7581.6((127(62563(&65227)/$5((9(1:,7+25-867$%29(*5$'(6$)(7<)/$**,1*21(3(5:,5(75((:5$372),567%5$1&+;32/<3523</(1(2532/<(7+</(1(675$3127(6 7+(&2175$&725,65(63216,%/()250$,17$,1,1*$//75((6,1$3/80%326,7,217+528*+7+(:$55$17<3(5,2'67$.,1*,668**(67('%871275(48,5('$1<67$.,1*0867&21)250:,7+35$&7,&(6$6'(),1(',1$1$*8,'(/,1(6)2567$1'$5'35$&7,&(6 3581('$0$*('$1'&5266,1*%5$1&+(6$)7(53/$17,1*,6&203/(7( &87%$&.:,5(%$6.(7 :$7(575((7+2528*+/<'85,1*3/$17,1*23(5$7,2163/$&(%$&.),//,1/,)76$1'6$785$7(62,/:,7+:$7(5'2127&203$&7025(7+$11(&(66$5<720$,17$,13/80% &2175$&725,65(63216,%/()257(67,1*3(5&2/$7,215$7(635,25723/$17,1*127,)</$1'6&$3($5&+,7(&7,00(',$7(/<,)3225'5$,1$*((;,6763/$17,1*'(&,'828675((  &87523(6$1'(;326(7232)%85/$3%$//5(029(121%,2'(*5$'$%/(0$7(5,$/352-127(6/226(1522762)$//&217$,1(5,=('3/$1766&$5,)<%27720$1'6,'(62)+2/(35,25723/$17,1*('*(9$5,(65()(5723/$1('*,1*0$7(5,$/6((127(62563(&/$1'6&$3()$%5,&6((127(62563(&08/&+'(37+6((127(62563(&3/$17,1*62,/6((127(62563(&6+58%672%(3/$&('627+$77232)&217$,1(56,76)/86+:,7+352326('*5$'(3/$17,1*6+58%  5()(5726&+('8/(0,1352-+2/'),1,6+('*5$'(%(/2:('*(56((3/$1)25('*(&21',7,21785)6((3/$17,1*3/$13/$17,1*3/$16((6&+('8/(('0(7$/('*(5:,7+67$.(('/$1'6&$3(('*(57<3  352-9$5,(66((6&+('8/()2563$&,1*127(/226(1522762)3/$170$7(5,$/35,25723/$17,1*'(37+ 0,1 /2$03/$17,1*62,/6((127(6('*(9$5,(65()(5723/$1('*,1*0$7(5,$/6((127(608/&+0,1'(37+6((127(63/$17,1*3(5(11,$/  352-52&.08/&+$70,1'(37+(;326(12)$%5,&6((6&+('8/()25&2/25:29(1*(27(;7,/()$%5,&29(5/$30,1,0806(&85(,13/$&(:,7+32/<)$%5,&67$3/(635(3$5('68%*5$'(/052&.08/&+  352-38 /$1'6&$3('(7$,/6 &217 /LFHQVH1R'DWH,KHUHE\FHUWLI\WKDWWKLVSODQVSHFLILFDWLRQRUUHSRUWZDVSUHSDUHGE\PHRUXQGHUP\GLUHFWVXSHUYLVLRQDQGWKDW,DPDGXO\/LFHQVHG/DQGVFDSH$UFKLWHFWXQGHUWKHODZVRIWKH6WDWHRI0LQQHVRWD.HYLQ9.URHQ/$6FDOH'DWH'UDZQ%\&KHFNHG%\3URMHFW1XPEHU,668('$7(9LOODJH'UY/,12/$.(601:::7$1'*$5&+&20&,7<67$03$5($$VLQGLFDWHGB48(%(&$9(667/28,63$5.01&21&(378$/'(6,*16&+(0$7,&'(6,*1'(6,*1'(9(/230(173(50,7 %,'6(7)25&216758&7,217%'7%'7%'7%':(//652$'6,'(5(9,6,216&+('8/(12 '(6&5,37,21 '$7(127)25&216758&7,211:(1:(.9./28&.6/28&.6352-(&712+HPORFN/DQH6XLWH0$3/(*529(01:::/28&.6,1&&20//$1'6&$3('(7$,/6$**5(*$7('(37+2)&/($5*5$1,7( 23(1*5$'(')5(('5$,1,1*,*1(28652&.+$9,1*$32526,7< 92,'63$&( 2) 0,1,080 25(48$/6((63(&681',6785%('($57+25&203$&7('$**5(*$7($57,),&,$/785)3(53/$16325286$**5(*$7(%$6(6+$//&216,672)$'(37+2)'5(66(575$352&. %$6$/7 *5$'('72$01'27)$*5$'$7,21 352'8&7 02',),(' 25(48$/$7:,7+$**5(*$7(%$6(  3(53/$1352-5(&<&/(';3/$67,&%2$5')$67(1('72&85%:,7+7$3&216&5(:62&81',6785%('25&203$&7('68%*5$'($'+(5(785)72%2$5':,7+$'+(6,9(5()(57263(&$7#&21&5(7(('*(  $**5(*$7('(37+2)&/($5*5$1,7( 23(1*5$'(')5(('5$,1,1*,*1(28652&.+$9,1*$32526,7< 92,'63$&( 2) 0,1,080 25(48$/6((63(&6$**5(*$7(%$6( 6((&,9,/ 352-('*(5(675$,17:29(5/$33,1*-2,1766((6&+('8/('(&20326('*5$1,7(6(&21'/,)7'(&20326('*5$1,7(),567/,)7),/7(5)$%5,&6((63(&6:5$36,'(6$1'%27720%(7:((1),567/,)7$1'&203$&7('62,/&203$&7('%$6(&2856(127(($&+/,)72)'(&20326('*5$1,7(6+$//%('$03(1('52//('$1'&203$&7('$663(&,),(''(&20326('*5$1,7(6+$//%(67$%/,=(':,7+67$%,/,=,1*%,1'(5$&&25',1*720$18)$&785(5 6,16758&7,216/6'(&20326('*5$1,7(3('(675,$1  352-127(6 6+23'5$:,1*65(48,5(')25+$1'5$,/$1'02817,1*&211(&7,216 '5$:,1*672%($33529('%</$1'6&$3($5&+,7(&7 &2175$&7255(63216,%/()250((7,1*+$1'5$,/5(48,5(0(176$1'&225',1$7,1*:,7+$662&,$7('75$'(6 5()(572*5$',1*3/$16)25(/(9$7,216 5()(5723/$16)2563(&,),&67$,5&$6(',0(16,216$1'6855281',1*&21',7,216,16(7 $ 68%0,7%$6(3/$7(6$03/()25$33529$/&25('5,//$1'(32;<*52875$,/,1*32676((3/$1(;,67,1*0(7$/('*(5725(0$,1$'-$&(17*5$'(66((*5$',1*3/$1326763$&,1* 0$;;*$/9$1,=('0(7$/32:(5&2$7('%/$&.($6(&251(565[9(57,&$/67((/%$53267720$7&+&/57<3+$1'5$,/$75$03  (/(9$7,216(&7,21$$&21&5(7(&85%352-'(&25$7,9(5,35$3  352-39 3(5*2/$(/(9$7,216*5281')/225 9,1</*5$3+,&085$/21&22/(5:$//%,.(5$&.61(:3(5*2/$ 3$1(/66+2:1,123(1326,7,21 (;,67,1*5(%5$1'('&$123<1(:6,*1$*(,16$0(/2&$7,211(:3</216,*1,1(;,67,1*/2&$7,211(:6,7(/,*+7,1*'(7(50,1(':,7+(/(&75,&$/(1*,1((5*5281')/225 9,1</*5$3+,&085$/21&22/(5:$//5(86((;,67,1*'2:163287(;,67,1**$60(7(5(;,67,1*5(%5$1'('&$123< %(<21' 1(:6,7(/,*+7,1*'(7(50,1(':,7+(/(&75,&$/(1*,1((51(:3(5*2/$ 3$1(/66+2:1,123(1326,7,21 1(:3(5*2/$ 3$1(/66+2:123(1   *5281')/225 9,1</*5$3+,&085$/21&22/(5:$//1(:3(5*2/$ /289(566+2:1,123(1326,7,21 (;,67,1*5(%5$1'('&$123<1(:6,*1$*(,16$0(/2&$7,211(:6,7(/,*+7,1*'(7(50,1(':,7+(/(&75,&$/(1*,1((51(:6,7(/,*+7,1*'(7(50,1(':,7+(/(&75,&$/(1*,1((5(;,67,1*)5((=(5$1'6+('  *5281')/225 1(:3(5*2/$ 3$1(/66+2:1,123(1326,7,21 (;,67,1*5(%5$1'('&$123<1(:6,*1$*(,16$0(/2&$7,211(:6,7(/,*+7,1*'(7(50,1(':,7+(/(&75,&$/(1*,1((56FDOH'DWH'UDZQ%\&KHFNHG%\3URMHFW1XPEHU,+(5(%<&(57,)<7+$77+,63/$163(&,),&$7,21255(3257:$635(3$5('%<0(2581'(50<',5(&7683(59,6,21$1'7+$7,$0$'8/</,&(1&('$5&+,7(&781'(57+(67$7(/$:62)0,11(627$5(*,675$7,2112'$7(.5,67+,(/(1,668('$7(9,//$*('5,9(68,7(/,12/$.(601:::7$1'*$5&+&20&,7<67$03$5($127)25&216758&7,21675((7$''5(66&,7<67$7(=,33+21(:(%6,7(  6'(/(9$7,216-/%B48(%(&$9(667/28,63$5.01&21',7,21$/86(3(50,7$33/,&$,7216&+(0$7,&'(6,*1'(6,*1'(9(/230(173(50,7 %,'6(7)25&216758&7,217%'7%'7%'7%':(//652$'6,'(  (/(9$7,21 (;7(5,25($67  (/(9$7,21 (;7(5,256287+  (/(9$7,21 (;7(5,25:(67  (/(9$7,21 (;7(5,251257+5(9,6,216&+('8/(12 '(6&5,37,21 '$7(40 (;7(5,25%8,/',1*(/(9$7,2161(:5(672206,*123325781,7<)25$57%5$1'('(/(0(170(1825'5,1.5$,/1(:3$667+58'5,1.3,&.83$1'67$,1/(66&2817(5(03/2<((621/<1(:'225,1(;,67,1*23(1,1*(;,67(/(75,&$/0(7(5(;,67:$7(563,*275(5(287('*877(529(5&22/(55(3$,173(5%5$1'5(3$,17%8,/,'1*72$/,*1:,7+%5$1'&2/2561(:'225,1(;,67,1*23(1,1*1(:&22/(5  (;,67,1*&2817(5 1 &2817(5 (;,67,1*:,1'2: 12123(5$%/( (;,67,1*:,1'2: 12123(5$%/( )22'25'(5 1(:3$667+58:,1'2: 0(18$1'.,26.(;,67,1*&$123<5(3$,17%8,/',1*72$/,*1:,7+%5$1'&2/2561(:3(5*2/$1(:&2817(51(:&$123<)22'3,&.831(:$:1,1*3$667+58:,1'2:(;,67,1*12123(5$%/(:,1'2:(;,67:$7(563,*27.(&(48,30(17 62'$0$&+,1($1'&21',0(176 5(3$,173(5%5$1'5(3$,17%8,/,'1*72$/,*1:,7+%5$1'&2/2561(:'225,1(;,67,1*23(1,1*1(:5(672206,*11(:&22/(5(;7(5,25*5($6(7$1.   9,)   /289(566+2:1,123(1326,7,21/289(566+2:1,123(1326,7,21 9,)      6FDOH'DWH'UDZQ%\&KHFNHG%\3URMHFW1XPEHU,+(5(%<&(57,)<7+$77+,63/$163(&,),&$7,21255(3257:$635(3$5('%<0(2581'(50<',5(&7683(59,6,21$1'7+$7,$0$'8/</,&(1&('$5&+,7(&781'(57+(67$7(/$:62)0,11(627$5(*,675$7,2112'$7(.5,67+,(/(1,668('$7(9,//$*('5,9(68,7(/,12/$.(601:::7$1'*$5&+&20&,7<67$03$5($127)25&216758&7,21675((7$''5(66&,7<67$7(=,33+21(:(%6,7(  6'(;7(5,25%8,/',1*(/(9$7,216$1'6(&7,216&KHFNHU$XWKRUB48(%(&$9(667/28,63$5.01&21',7,21$/86(3(50,7$33/,&$,7216&+(0$7,&'(6,*1'(6,*1'(9(/230(173(50,7 %,'6(7)25&216758&7,217%'7%'7%'7%':(//652$'6,'(  (/(9$7,21 :(67  (/(9$7,21 1257+  (/(9$7,21 ($675(9,6,216&+('8/(12 '(6&5,37,21 '$7(  %8,/',1*6(&7,2116  %8,/',1*6(&7,21(:41 3+2720(75,&3/$16FKHGXOH6\PERO /DEHO 47< 0DQXIDFWXUHU&DWDORJ'HVFULSWLRQ1XPEHU/DPSV/DPS2XWSXW//),QSXW3RZHU/ /XPLQLV/LJKWLQJ %9$//7<3 %9$   /V /XPLQLV/LJKWLQJ %9$//7<3+6 %9$   / /XPLQLV/LJKWLQJ %9$//7<3 %9$   / /XPLQLV/LJKWLQJ %9$%//7<3 %9$%   / /XPLQLV/LJKWLQJ %9$7//7<3 %9$7   5*RWKDP$UFKLWHFWXUDO/LJKWLQJ(926&$5:'/66(92,15281'&</,1'(5685)$&(&(,/,1*02817&5,./0:,'(',67&/($56(0,63(&   6WDWLVWLFV'HVFULSWLRQ6\PERO $YJ 0D[ 0LQ 0D[0LQ $YJ0LQ3DUNLQJ6XUIDFHIF IF IF  7RWDO$UHD&DOFXODWHG#$))IF IF IF 1$ 1$1RWH'DYLVDQG$VVRFLDWHV,QFGRHVQRWDVVXPHUHVSRQVLELOLW\IRUWKHLQWHUSUHWDWLRQRIWKLVFDOFXODWLRQRUFRPSOLDQFHWRORFDORUVWDWHOLJKWLQJFRGHVDQGRUGLQDQFHV$OOUHDGLQJVFDOFXODWLRQVDUHVKRZQ#JUDGH)L[WXUHKHLJKKWVDUHVKRZQRQSODQ5# 5# 5# 5# 5# 5# 5# 5# 5# /# /# /# /# /# /# /# /# /# /# /# /# /# /V# /V# /V# /V# /V# /V# /V# /V# /# /# /# 3ODQ9LHZ6FDOH IW42 '9,(:6123(5*2/$3$1(/66:&251(56(&251(51:&251(51(&251(545&2'(72,0$*(45&2'(72,0$*(43 '9,(:63(5*2/$3$1(/66:&251(56(&251(51:&251(51(&251(544