PRESCOTT – The proposed project called “The Collective” at 216 Broad St. continues to take steps toward becoming reality with another pair of approved city resolutions.

The Prescott City Council voted Oct. 12 to approve a site plan review and development agreement with Prescott Loding LLC for The Collective development.

Megan & Troy Langer purchased the property formerly known as Lucille’s and plan to use the property’s liquor license.

The Collective will consist of a local retail space, a walk-up bar and patio at ground level, plus office space on the second floor. When Alderperson Maureen Otwell asked about the second-floor event space previously proposed, Megan Langer said they had nixed it. Otwell also had questions about the definition of a walk-up bar.

“A better way to word it is there’s a patio space, approximately 95-by-35 feet. There will be a walk-up window like on a food truck,” Langer said. “So there will be service directly from the inside of the property to the outside.”

The patio, which will be filled with tables and seating, will be open in warmer months only. The second floor will feature a balcony over a covered café.

As part of the project, public improvements are proposed within the alley immediately north of the site, including storm sewer piping, catch basins, excavation, and pavement restoration. The improvements will be constructed by the developer under a separate Development Agreement with the city. The city will reimburse the developer for eligible portions of the public storm sewer and alley work following completion.

The estimated cost of the public improvements is $62,813.

Walnut Circle

The council approved the transfer of $197,153 from the Sewer Fund to the Storm Sewer Fund in order to fulfill an agreement between the city and Walnut Circle Development LLC, which is constructing the nine-lot Walnut Circle subdivision.

The developer is working to address existing stormwater issues which, from about 700 feet of Dexter Street south of Jewell Street, have historically drained onto the Walnut Circle property, creating drainage and erosion concerns. According to Wolf, the approved stormwater improvements include underground storm sewer piping, a riprap-lined swale, and sedimentation and infiltration basins designed to manage runoff from both the new subdivision and the existing roadway drainage area on Dexter Street.

“In recognition of the broader public benefit of these improvements, as well as the substantial parkland dedication associated with the development, the Development Agreement provided that the City would reimburse Walnut Circle Development LLC up to $197,337 from the City's Stormwater Fund for eligible stormwater improvements,” a city memo states.

The existing Storm Sewer Fund available balance was roughly $115,202.84, or$81,950.16 below the agreed upon reimbursement. Rather than drain the Storm Sewer Fund and create a deficit, staff recommended transferring the money from the Sewer Fund, which has an estimated balance of $5,539,999.12.