Proposed land use plan. Exhibit B-2 shows the proposed land use plan after redevelopment as a commercial development. This plat will not need to be amended and changed.
Proposed land use plan. Attachment E 2, shows the proposed land use Plan after redevelopment as an ethanol production facility.
Proposed land use plan. Changes are contemplated to the current Land Use for the area. The property is currently farmed. This Plan proposes that a three-phase residential development be implemented which provides for apartments, duplexes and single family residences. Phase 1 will be implemented first with platting and development of apartment complexes, duplex and single family development. Phase 2 will be platted and developed when Phase 1 nears full build out. Phase 3 will follow as Phase 2 fills. The current Zoning Ordinance for the City allows all three types of residences in the R-3 zone. The Current Comprehensive Plan designates the Redevelopment Area as multifamily residential. The Redevelopment Project will provide for site acquisition, clearance, significant site development including earth work, platting and installation of paved roadways, water, sewer and electrical lines. The specific site plan will also be revised during the three phase development. Exhibit “C” attached hereto and incorporated herein by this reference shows the proposed development providing for up to 102 single family residential lots, 17 duplex residential lots and up to 4 apartment complexes with required street and other infrastructure. The CDA and the City have determined that the private sector is unable to carry out the necessary private and related public improvements necessitated by the Redevelopment Project (site acquisition, site preparation, right of way, roadway installation, storm water drainage, sanitary sewer, water and electrical lines) without assistance from the City through its CDA. The CDA intends to negotiate a specific redevelopment contract with a Redeveloper for each phase of the Redevelopment. The CDA holds an option to acquire the entire Community Redevelopment Area. The redevelopment contract(s) will set forth the proposed Redevelopment Projects for each phase and what contributions are necessary from the City and its CDA. The written redevelopment contract(s) will include a site plan, Redevelopment Project description, specific funding arrangements, and specific covenants and responsibilities of the City, CDA and the Redeveloper to implement the Redevelopment Project.
