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Session 1677, Minutes September 9, 1996 Page 6 Mr. Stanley Harris, 640 Vassar, recounted how bad the traffic was before Vassar/Pennsylvania was closed. He was concerned about residential streets being used by trucks going to the Schnuck's center. He also asked the Council to be sure residents know in advance what will happen there. Mr. Meyer Chapnik, 6853 Olive, said this project will be the greatest thing that could happen to Olive, and it will also help the small businesses in the area. Mayor Adams closed the public hearing at 8:06 p.m. Mr. Schoomer asked the City Manager to schedule a meeting early in October at the Community Center for the residents of University Park, Roth Grove, University Heights No. 1, and the homes on Vernon east of the proposed development to enable Schnuck's to present their plan in greater detail. He added he did not believe that Pennsylvania would have to be opened if the trustees did not agree that should be done, since University Park is a private subdivision. He believed Schnuck's desired access only from Olive and the west side of the complex and that setbacks were more than adequate on all sides to protect the integrity of the adjoining residential areas. The use of the TIF in this case was certainly warranted, as those funds will be used for site improvement only. He said more than enough tax monies will be generated to offset any losses in a very short time, and in just a few years, the School District will profit handsomely. It's a win-win situation. Mrs. Thompson said Olive certainly needs a face lift, but not at the expense of the residents. She also expressed concem about the supermarkets already in operation. She said residents should be informed. Mayor Adams said a new TIF Commission had to be formed because of changes in state laws which require several members from other taxing districts, including the School District. He asked the City Manager to direct the Traffic Commission to look at current traffic patterns in that area so there will be a benchmark that later patterns may be compared with. Also, keeping subdivision streets open or closed is totally up to subdivision trustees. Mr. Lieberman asked the City Manager to request that the developers share with the City the results of the traffic study they made. SETTING PUBLIC HEARING - REZONING 514-518 NORTH AND SOUTH The City Manager recommended setting 7:30 p.m. September 30 as the time for a public hearing on the proposed rezoning of 514-518 North and South from 'SR" Single Family Residential to "PD" Planned Development. The developer owns 500-518; 500-512 is already zoned "PD". After rezoning, a com- bined site plan will be submitted, and if it is ready, will be considered at the September 30 meeting. He noted that the proposed development is in accordance with the goals of the Comprehensive Plan Mr. Schoomer moved that a public hearing be set as noted above. Mr. Wagner seconded the motion, which carded unanimously.