ACTION REQUESTED:
Title
Communication from the City Manager and Director of Community Development with a Request to Concur with the Recommendation from the Planning & Zoning Commission and Staff to APPROVE a RESOLUTION Approving an ANNEXATION AGREEMENT for the Property Located at 9818 N ALLEN ROAD (Parcel Identification Nos. 09-31-251-008 and 09-31-251-011), Peoria IL
Body
BACKGROUND: Petitioner Ken Lynch of KTL Holdings, Inc. is requesting approval of an annexation agreement for 13 acres of land located at 9818 N Allen Road. The land is partially developed with an approximately 5,000 sq.ft., two story commercial building. The property also includes a wireless communication tower facility.
Proposed terms of the Annexation Agreement include:
1) Property shall be zoned Class C-2 (Large Scale Commercial).
2) Connection to public sanitary sewer and water required upon non-agricultural development of the property.
3) Annexation to occur upon expansion of existing building, new or additional commercial/industrial development/uses, or failure of existing septic system.
The Planning & Zoning Commission found that the request met the Findings of Fact and voted 7 to 0, to APPROVE the request.
See the attached Planning & Zoning Commission case packet and meeting minutes for detailed information.
FINANCIAL IMPACT: No expense to the City of Peoria. Additional tax revenue upon annexation and development.
NEIGHBORHOOD CONCERNS (at the Planning & Zoning Commission Meeting): Two representatives from the Dunlap Library District objected to the annexation due to the loss of tax revenue.
IMPACT IF APPROVED: An agreement for annexation will be approved. The property will be annexed into the City upon development or expansion of the existing building. Upon annexation, an ordinance rezoning the property to C-2 Large Scale Commercial will be forwarded to City Council for approval. A preliminary plat for the division of the land into two parcels will be reviewed admin...
Click here for full text