ACTION REQUESTED:
Title
Communication from the City Manager and Director of Community Development with a Request to Concur with the Recommendation from Staff for the Following:
A. ADOPT an ORDINANCE ANNEXING Property Located at 9601 N. ALLEN ROAD, Peoria, IL, Designated as LOT 1 (Requires 2/3 Vote of Corporate Authorities - 8 Votes); and,
B. ADOPT an ORDINANCE REZONING Property to Class I-1 (Industrial/Business Park) District, for the Property Located at 9601 N ALLEN ROAD, Peoria, IL, Designated as LOT 1.
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BACKGROUND: On February 14, 2023, City Council approved an annexation agreement for a 17.05 acre parcel of land. The terms of the annexation agreement allowed for the land to be subdivided into three lots with a phased annexation timeline for each lot.
This request is for the annexation and rezoning of Lot 1 only. As specified in the annexation agreement, lots 2 and 3 will be annexed at a separate time and upon the occurrence of specific contingencies.
Upon approval of these ordinances, a building permit will be issued to begin construction of the sanitary sewer infrastructure and a commercial building.
FINANCIAL IMPACT: Increased annual tax revenue to the City of Peoria upon annexation.
NEIGHBORHOOD CONCERNS: N/A
IMPACT IF APPROVED: Lot 1 of the Hoerr Brothers Subdivision will be annexed and developed.
IMPACT IF DENIED: The property will not be annexed.
ALTERNATIVES: None
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Grow Peoria
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Grow employers and jobs.
DEPARTMENT: Community Development