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HomeMy WebLinkAboutgr00090_000022_pg25- 3 - Application for a special use permit for a gas station is made on the following described property: That part of the Southwest 1/4 of the Southeast 1/4 of Section 8, Township 30, Range 23, lying Northeasterly of T.H. 10 -62; subject to Highway. Perry Copeland, attorney, presented petitioners request. Erwin Engler, architect, William Beim and Russell Underdahl, owners were present in the audience. A map of the metro area of regional sized shopping centers was presented. The area was originally planned as a regional center but by looking at the map one can see that the area is not feasible for a regional center any longer. There is a total of 55 acres. 6.4 acres is now R3 with the remainder of 48.6 acres zoned as B3. The proposal is to zone 12.22 acres B3, 38.19 acres R3 and 1.16 acres for streets. Shopping Center: 100,000 square feet - grocery, drug, hardware stores, et al. This would create 48 jobs with an annual payroll of $300,000 and $10,000,000 in annual retail sales. The cost of the shopping center would be $1,500,000 not including land. Apartments: 800 units maximum. Each unit - 1 1/2 car parking with garages, indoor and outdoor swimming pools - supervised, garbage incinerated, saunas, tennis courts, barbecue, schuffle board and supervised nursery if demanded. Average cost per unit is $10,000 with total cost of apartment buildings $8,000,000 not including land. People: 1,840 people with 128 school age children, 360 preschool children and 1,344 adults. Total cost of the project $10,000,000. $3.5 million full and true dollars, $1.4 million of assessed value. $32,200 in taxes just for the village using the current mill rate. Sales tax would bring $7,257 additional. School Taxes: The cost to educate one pupil unit in grade school is $600 per year (District #621), one pupil unit in high school is $900 per year. The cost to educate students in apartment complex would be $76,800. Taxes to the school district would be $333,200 per year. Actual school benefit would be over a quarter million dollars in taxes. Mr. Copeland presented a letter from Comstock and Davis which read adequate sewer and water are available to serve the proposed improvement. Taxes will far exceed cost of municipal services for this complex stated Mr. Copeland. Presentation over at 8:50 P.M.