City of Oak Creek

Common Council Report

Meeting Date:           10/21/03

Item No.:        

 11

Recommendation:  That the Council adopt Resolution No. 10294-102103 approving the final plat for the first phase of the Jenna Prairie Estates subdivision.

Background:  Kaerek Builders, Inc. is requesting approval of the final plat for the first phase of the Jenna Prairie Estates subdivision at 9550 S. Shepard Avenue.  This phase of the subdivision will create 38 lots in the Rs-3, Single Family Residential zoning district.  The public improvements have been certified as complete by the Engineering Department.  Therefore, the plat can be presented to the Common Council. 

The Plan Commission has reviewed this request and has recommended its approval.

Fiscal Impact:  There are no outstanding assessments on this property.

This phase of the subdivision will generate approximately $84,094 in impact and development fees as permits are issued for homes to be built on these lots.

Recent data has suggested that any homes constructed on the newly created parcels would need to have an assessed value in excess of $249,577 in order to generate revenues equal to costs. 

Prepared by: Doug Seymour, AICP Director of Community Development	Respectfully submitted, Robert L. Kufrin City Administrator
Fiscal Review by: Beverly A. Buretta, CMC City Clerk

File name: T:\Shared\Resolutions\10294 (Report) Final Plat - Jenna Prairie Estates.Doc