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Developer asks for seven‑year extension of EDU recovery period for Blenheim Farm; board refers request to staff
Summary
A developer for the Village of Blenheim Farm (Bob Barker) asked the board to extend the project’s recovery period seven years and retain about 66.78 remaining EDUs; the board voted to refer the matter to staff for research and continued the item to the next meeting.
A developer representative asked the Renewal Board to extend the recovery period tied to EDU credits for the Village of Blenheim Farm development after describing infrastructure investments and market setbacks.
Bob Barker detailed the project’s history, noting earlier sewer work and a 15‑year recovery period that he said will expire in December (the transcript references a date around 12/13/2026). Barker said the project originally anticipated 155 EDU allocations for the commercial development and currently has about 66.78 EDUs remaining for approximately 4.4 acres. He told the board the recent residential market downturn and COVID-era disruption slowed build‑out, leaving outstanding capital costs the developer seeks to amortize. Barker requested a seven‑year extension of the recovery period so the developer can recoup about $200,000 of invested costs tied to sewer and infrastructure improvements.
Board members asked clarifying questions about prior city reimbursements and cost allocations; staff and the developer disagreed about whether the city had reimbursed installation costs. Given the complexity of the project history and outstanding questions, board members moved to refer the request to staff for research and continue the item to the board’s next meeting to allow staff time to review supporting documentation.
