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9.3. SR 11-20-2017 EOty1� ,.,�� Request for Action River To Item Number Mayor and City Council 9.3 Agenda Section Meeting Date Prepared by Work Session November 20, 2017 Amanda Othoudt,EDD Item Description Reviewed by Trunk Highway 10 and Main Street Redevelopment Cal Portner, City Administrator Plan Reviewed by Action Requested Receive an update on the Trunk Highway 10 and Main Street Redevelopment Plan. Background/Discussion At their November 2, 2017,Work Session, the City Council heard a presentation on a conceptual Trunk Highway 10 and Main Street Redevelopment Plan as it relates to the potential development of a high density,mixed use, market rate apartment complex. The Council requested staff research the traffic concerns the project might experience with the addition of approximately 265 residential units. Staff discussed the project with the city engineer and consultants and determined traffic would certainly increase,but without a project proposal it would be impossible to estimate the traffic counts resulting from new development. A traffic study could be required as part of the conditions of the development agreement. Financial Impact None Attachments ■ None The Elk River Vision A PehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By service, and community engagement that encourages and inspires prosperity INAMIRE1