City of Oak Creek

Common Council Report

Meeting Date:           December 16, 2003

Item No.:

 16

Recommendation:  That the Council adopt Resolution No. 10324-121603, which would approve the development agreement for the Carrollville Crossings subdivision at 8781 and 8931 S. 5th Avenue.

Background:  David Schmidt, Sr. is requesting Common Council approval of the development agreement for the Carrollville Crossings subdivision at 8781 and 8931 S. 5th Avenue.  This property is zoned Rs-3, Single Family Residential.  Lots within this zoning district must be a minimum of 12,000 square feet in area with a minimum lot width of 80 feet. 

This subdivision would create 52 single family residential lots as well as outlots for a future private park, as well as future multifamily residential and commercial development. 

Fiscal Impact:  In general these lots, when built upon will not provide a positive impact on the City’s tax base, unless they have an assessed value exceeding approximtately $250,000, but it will provide at least $106,496 in bikeway and impact fees. 

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

File name: S:\CLERK\COMMON COUNCIL AGENDAS\2003\12-16\10324 Report (Carrollville Crossings Dev Agreement).Doc

Print Date: 12/12/2003 8:52 AM

Revision No. 2