Title
Public Hearing - Summit Orchards Community Improvement District; Summit Orchards Partners LLC, applicant
Body
Issue/Request:
Public Hearing - Summit Orchards Community Improvement District; Summit Orchards Partners LLC, applicant
Key Issues:
Summit Orchards Partners LLC is requesting the formation of a Community Improvement District (CID) for a proposed retail/restaurant development in an area known as Summit Orchards generally bound by Chipman Road to the south, Outerview and Ward Road on the west and Donovan Road on the east & north. Summit Orchards Partners LLC is requesting reimbursement for certain public improvements within the development including:
* West bound Chipman Road right-in/right-out (public road)
* Ward Road median adjustment(s) and right turn lane (public road)
* Chipman Road entry/internal drive (private road for public use)
* East/West internal drive and utility construction (private road for public use)
* Outerview Road improvements (private road for public use)
* North/South entry and internal drive from Donovan Road (private road for public use)
* Site development and land reimbursement for approximately .33 acres of public use
* Pylon signage, gateway features, public art, social space
* Contingency, soft costs, legal fees, etc. related to the public improvements
Summit Orchards Partners LLC is requesting the creation of the Community Improvement District to impose a sales and use tax of up to 1% on all taxable retail sales within the boundaries for reimbursement of the public improvements and eligible costs.
See additional information provided in Gilmore & Bell's memorandum attached to this packet.
Proposed City Council Motion:
No motion necessary - an ordinance has been prepared for first reading should the Mayor and Council wish to approve the creation of the Summit Orchards Community Improvement District.
Background:
The preliminary development plan for this development was approved by the City Council by Ordina...
Click here for full text