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HomeMy WebLinkAbout38. 13-105 FEBRUARY 26, 2013 13-105 RESOLUTION (CARRIED___7-0____LOST________LAID OVER________WITHDRAWN________) PURPOSE: APPROVE TAX INCREMENT DISTRICT NO. 26 PROJECT PLAN; DESIGNATE TAX INCREMENT DISTRICT NO. 26 BOUNDARIES; CREATE TAX INCREMENT DISTRICT NO. 26 AVIATION BUSINESS PARK INITIATED BY: CITY ADMINISTRATION PLAN COMMISSION RECOMMENDATION: Approved WHEREAS, pursuant to Section 66.1105, Wis. Stats., the City of Oshkosh proposes to create Tax Increment District No. 26 Aviation Business Park; and WHEREAS, the City of Oshkosh Plan Commission has prepared and adopted a project plan for Tax Increment District No. 26 Aviation Business Park, which: 1) Includes a statement listing the kind, number and location of all proposed public works or improvements within such District. 2) Contains an economic feasibility study. 3) Contains a detailed list of estimated project costs. 4) Contains a description of the methods of financing all estimated project costs and the time when such costs or monetary obligations related thereto are to be incurred. 5) Includes a map showing existing uses and conditions of real property in such District. 6) Includes a map showing proposed improvements and uses therein. 7) Contains a list of estimated non-project costs. 8) Contains a statement of a proposed method for the relocation of any person to be displaced. 9) Indicates how the creation of TID No. 26 promotes the orderly development of the City. 10) Contains an opinion of the City Attorney that the Plan complies with Section 66.1105(4)(f), Wis. Stats. and WHEREAS, the Plan Commission has held a public hearing on the creation of TID No. 26 and the proposed boundaries thereof and has notified the Chief Executive Officers of all local government entities having the power to levy taxes on property within the District, including the School Board of any school district which includes property within the District pursuant to Section 66.1105, Wis. Stats.; and FEBRUARY 26, 2013 13-105 RESOLUTION CONT'D WHEREAS, the City of Oshkosh Plan Commission affirms the following per the TID No. 26 Project Plan: 1) The district is an industrial TID. 2) The improvements contemplated in TID #26 Aviation Business Park, are likely to significantly enhance the value of substantially all real property in TID #26. 3) Not less than 50% of the real property within TID #26 is suitable for industrial development and zoned for industrial uses. 4) Implementation of this Project Plan is consistent with the City’s 2005 Comprehensive Plan and its associated amendments and additions. 5) Project costs associated with implementing this project plan are consistent with the purpose for which the District was created. 6) The equalized value of taxable property of the district plus all existing districts does not exceed 12% of the total equalized value of taxable property within the city. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Oshkosh approves said Project Plan for Tax Incremental District No. 26 Aviation Business Park, pursuant to the provisions of Section 66.1105, Wis. Stats. BE IT FURTHER RESOLVED that the Common Council of the City of Oshkosh hereby designates the boundaries of TID No. 26 as described in “Exhibit A”. BE IT FURTHER RESOLVED that the Common Council of the City of Oshkosh hereby approves creation of Tax Incremental Financing District No. 26 Aviation Business Park. BE IT FURTHER RESOLVED that TID No. 26 is an industrial district. BE IT FURTHER RESOLVED that the improvements contemplated in TID No. 26 Aviation Business Park, are likely to enhance the value of all real property in significantly TID No. 26. BE IT FURTHER RESOLVED that the value of equalized, taxable property in TID No. 26, together with all other established Tax Incremental Districts, does not exceed 12% of the total equalized value of taxable property within the City of Oshkosh. BE IT FURTHER RESOLVED that not less than 50% of the real property within TID #26 is suitable for industrial uses within the meaning of 66.1101, Wis. Stats., and has been zoned for industrial uses. BE IT FURTHER RESOLVED that all property within TID #26 is zoned for industrial use and will remain zoned for industrial uses for the life of TID #26. FEBRUARY 26, 2013 13-105 RESOLUTION CONT'D BE IT FURTHER RESOLVED that all property within TID #26 was not within the City boundaries on January 1, 2004 and said property was voluntarily attached to the City in 2013 pursuant to an adopted Cooperative Plan between the City and Town of Nekimi as set forth in Section 66.0307, Wis. Stats., and approved by the Wisconsin Department of Administration, that identifies areas within the Town of Nekimi as expansion areas to attach to the City of Oshkosh. BE IT FURTHER RESOLVED that the project costs are consistent with the purposes for which the Tax Incremental District is created with the primary objective being to provide improvements necessary to facilitate the creation and development of an industrial park promoting aviation related industrial development within TID #26. "EXHIBIT A" TIF 26 AVIATION BUSINESS PARK LEGAL DESCRIPTION A PARCEL OF LAND CONTAINING ALL OF THE WEST ½ OF THE NORTHEAST ¼ AND PART OF THE SOUTHEAST ¼ OF THE NORTHEAST ¼ OF SECTION 11, TOWNSHIP 17 NORTH, RANGE 16 EAST, 14TH WARD, CITY OF OSHKOSH, WINNEBAGO COUNTY, WISCONSIN BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTH ¼ CORNER OF SECTION 11, TOWNSHIP 17 NORTH, RANGE 16 EAST; THENCE SOUTH 89°27’34” EAST, 1,310.03 FEET ALONG THE NORTH LINE OF SAID QUARTER LINE; THENCE SOUTH 00°23’14” WEST, 1,979.99 FEET ALONG THE EAST LINE OF THE WEST ½ OF SAID NORTHEAST ¼; THENCE SOUTH 89°16’44” EAST, 112.87 FEET ALONG THE NORTH LINE OF THE SOUTH ½ OF THE SOUTHEAST ¼ OF THE NORTHEAST ¼; THENCE SOUTH 00°27’38” WEST, 660.11 FEET TO A POINT ON THE SOUTH LINE OF NORTHEAST ¼ OF SAID SECTION 11; THENCE NORTH 89°13’07” WEST, 1,419.40 FEET ALONG SAID SOUTH LINE OF NORTHEAST ¼ OF SAID SECTION 11 TO THE CENTER OF SAID SECTION 11; THENCE NORTH 00°19’43” EAST, 2,634.51 FEET ALONG THE WEST LINE OF THE NORTHEAST ¼ OF SAID SECTION 11 TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 3,525,537 SQUARE FEET OR 80.9352 ACRES, MORE OR LESS. De .A.., i I UU L _) .k, ' ... • '1', .. N / N . I .• LI.1 i/ ' ... V. 4:X .LI i I I ___ — • ..; 1 i I Vil, i 4t. I r• I r 'I; ____, -------• \ / .. 1 W; —1 . 1 ‘' 1,1 ,.' 1 1 ,c%, - .1.,,Q --- ' i . , r I ---I — ; 1414:' .. .LS,—-4 , ! :- I I '"fl 7 li 1 1 , 1 z ,, , i_____4_ . ..._ • . . ■ ..:7: __..__ 11 F--1 1,18 I • • I I -I —' 1 k ___. , . _. . ., - , 7 . . , El I i W_RIRELLT— _RIPPJ-F] C3 - - — — __ - 1 i 'AV 1 ' V Ce '.2'11'i?'4P:WI,4::. 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I . - 21Z''.• - 1'•° I I 1 1 - -.9i • I ---- - -_ -- 1 •-•"' I I ' WD i L A IX c121 1E I i . 1 ( 1 1 1 cn i = 1 0 U.I. i 1 s I I C4 _ iC) € I 1 I I 7 I I. Legend , 1 i , 1 1 _ 9 TID #26 Boundary 1 \ , 1 M 1=City Limits :1"—_-- N — County Airport Runways 11 1 • I ; 1 : 1 7 I N fir) H2 1)frip0 ,9d ID OL11.1 d:,..ltf , A 1 in=0.19 mi 1 in=1,000 ft AI " The City of Oshkosh creates and maintains GIS map and data for its own use. They may show the approxima:e relative location of properfy: boundaries and other feature tom a variety of sccrces. Printing Date:1116/2013 0./HKOf H These map(sycataset E'T provided for inforrator purposes only and may not be sLfficient or appropriate for legal engineeitng, or suiveying purposes, They are provided 'AS,-IS: without Prepared by:City of Oshkosh,WI ON THE WATER waranties of any kind and the Cl of Oshkosh assumes no liability for use or misuse. OJHKOJH ON THE WATER TO: Honorable Mayor and Members of the Common Council FROM: Darryn Burich Director of Planning Services DATE: February 21, 2013 RE: Approve Tax Increment District No. 26 Project Plan; Designate Tax Incremental District No. 26 Boundaries; Create Tax Incremental District No. 26 Aviation Business Park (Plan Commission Recommend Approval) BACKGROUND TID #26 is being proposed to facilitate the creation of a new industrial park on the City's southeast side adjacent to Wittman Regional Airport south of Ripple Avenue. The primary purpose in creating the TID is to pay for land acquisition and infrastructure costs associated with creating the park through increased tax revenues generated by the new development in the park. The new 82 acre industrial park will be named the Aviation Business Park with the intent of marketing the park for aviation related industry due to proximity and direct access to the airport facility. The Project Plan includes a statement listing the kind, number, and location of proposed improvements. It contains an economic feasibility study, a detailed list of estimated project costs and timing of those costs as well as a method of financing. The Project Plan identifies various district costs with the majority of costs going into physical development of public infrastructure within the park estimated at approximately $4.5 million. ANALYSIS The overall area within the proposed TID is estimated at approximately 82 acres and as currently laid out creates 16 developable parcels of differing sizes. The plan involves constructing a new street south of Ripple Avenue that will create developable areas on either side of the new street. The parcels on the west side of the street that are adjacent to the airport facility, will have the ability to access the airport through a gate agreement and airport taxi way that will be constructed on these parcels. The park is being developed with the ability to expand to the south and east where the lands are generally undeveloped and in agricultural usage. Determination of economic feasibility for the district is based on an initial public investment of approximately $4.5 million which will be used to acquire land and develop an 82 acre industrial park. The total estimated value of the anticipated development within the district when it is dissolved at the end of its allowed life is expected to be approximately $24.8 million which will generate approximately $520,000 in property taxes annually. The projected value of the tax increment over the life of the district is estimated at approximately $6.8 million. An economic impact study related to the creation of the Aviation Business Park was conducted by Winnebago County UW-Extension with estimated results based on three potential build-out scenarios representing the types of airport and aircraft businesses that are likely to be located at or near Wittman Regional Airport. Results of the three scenarios predict between 250-1000 jobs being created with multiplier impacts (based on the idea that employment of one additional person causes ripple effects resulting from this person's consumption of goods in the economy) distributed across major industry sectors and illustrates estimated impacts to state and local revenues associated with each scenario. The results of this study are included as Appendix B —Wittman Airport Scenario Impacts in the Project Plan. Land Use Consistency The City's 2005 Comprehensive Plan identifies the subject park area, and the potential expansion area to the south, as appropriate for industrial development, which is consistent with the land use recommendations of the City's 1993 and 1973 Comprehensive Plans. Additionally, the City's 1963 Comprehensive Plan identified the area to the north near Waukau Avenue as an industrial expansion area and illustrates that community has been planning for the general industrialization of this corridor since the early 1960's. Presently the area to the east of the TID is identified as residential in the 2005 Comprehensive Plan. This represents a change in land use from the previous Comprehensive Plans but is not due to a change in the appropriateness of industrial development for this corridor but rather an accommodation to the creation of conflicting residential land uses (non-agricultural residential) oriented to Oregon Street and generally created through certified survey map without regard to the City's adopted Comprehensive Plan land use recommendations for the area. Please refer to the TID # 26 Project Plan for more detailed information regarding the project. The proposed TID is consistent with the City's recently adopted TID policy and guidelines due primarily to the project's economic development implications. RECOMMENDATION The Plan Commission approved the TID # 26 Project Plan and boundaries at its February 5, 2013 meeting. Approved, City Manager ITEM: PUBLIC HEARING ON PROPOSED CREATION OF TAX INCREMENT DISTRICT #26 AVIATION BUSINESS PARK: DESIGNATION OF BOUNDARIES AND APPROVAL OF PROJECT PLAN - City Administration Plan Commission meeting of February 5, 2013 Prior to taking action on Tax Incremental District (TID) # 26 and the designation of boundaries for said Tax Incremental District, the Plan Commission is to hold a public hearing and take comments concerning the proposed creation of the TID. This public hearing is required as part of the formal process the City must follow in the creation of a TID. GENERAL DESCRIPTION/BACKGROUND TID #26 is being proposed to facilitate the creation of a new industrial park on the City's southeast side adjacent to Wittman Regional Airport. The new 82 acre industrial park will be named the Aviation Business Park with the intent of marketing the park for aviation related industry due to proximity and direct access to the airport facility. The Project Plan includes a statement listing the kind, number, and location of proposed improvements. It contains an economic feasibility study, a detailed list of estimated project costs and timing of those costs as well as a method of financing. The Project Plan identifies various district costs with the majority of costs going into physical development of public infrastructure within the park estimated at approximately $4.5 million. Project costs will be financed through sales of general obligation notes and repaid through the property tax increment generated on new development in the TID. Tax Increment Law, §66.1105 of Wisconsin Statutes, provides a mechanism that enables cities to rehabilitate blighted areas, improve business areas, and/or develop industrial sites. The intent of the law is to defray the cost of improvements in a Tax Increment District by using incremental tax revenue generated by new development. The value increment is the difference between the base value of the TID at the time of creation and the increased value of the property in subsequent years until the TID is dissolved. It is the value increment generated from new development that is used to retire the debt incurred by the city in implementation of project activities. TIDs provide benefits to all taxing entities by promoting development of new taxable value that may not otherwise occur. ANALYSIS The overall area within the proposed TID is estimated at approximately 82 acres and as currently laid out creates 16 developable parcels of differing sizes. The plan involves constructing a new street south of Ripple Avenue that will create developable areas on either side of the new street. The parcels on the west side of the street that are adjacent to the airport facility, will have the ability to access the airport through a gate agreement and airport taxi way that will be constructed on these parcels. The park is being developed with the ability to expand to the south and east where the lands are generally undeveloped and in agricultural usage. The City's Comprehensive Plan identifies the subject park area and the potential expansion area to the south as appropriate for industrial development. The area to the east is identified as residential due to the presence of some scattered housing developed in the town through certified survey maps. It will be appropriate to reanalyze this area's long term land use at a future time to determine if and how much the industrial land use needs to be expanded. Determination of economic feasibility for the district is based on an initial public investment of approximately $4.5 million which will be used to acquire land and develop an 80 acre industrial park. The total estimated value of the anticipated development within the district when it is dissolved at the end of its allowed life is expected to be approximately $24.8 million which will generate approximately $520,000 in property taxes annually. The projected value of the tax increment over the life of the district is estimated at approximately $6.8 million. The average value per acre of manufacturing classed properties within existing Industrial Parks is approximately $233,000 and was used to determine the anticipated future values within the proposed TID. An economic impact study related to the creation of the Aviation Business Park was conducted by Winnebago County UW-Extension with estimated results based on three potential build-out scenarios representing the types of airport and aircraft businesses that are likely to be located at or near Wittman Regional Airport. Results of the three scenarios predict between 250-1000 jobs being created with multiplier impacts (based on the idea that employment of one additional person causes ripple effects resulting from this person's consumption of goods in the economy) distributed across major industry sectors and illustrates estimated impacts to state and local revenues associated with each scenario. The results of this study are included as Appendix B— Wittman Airport Scenario Impacts in the Project Plan. RECOMMENDATIONS/CONDITIONS Planning Services asks that the Plan Commission approve the boundaries of TID # 26 and the TID # 26 Project Plan, and recommend approval of the TID boundaries and Project Plan to the Common Council. The Plan Commission approved of the boundaries and Project Plan for TID #26 as requested. The following is the Plan Commission's discussion on this item. Mr. Buck presented the item and reviewed the site and surrounding area and the details of the project plan. He described how the public improvements would be handled and reviewed the site plan for the proposed business park. He stated that the land use was consistent with the Comprehensive Plan and discussed the job creation that would be generated due to the development of the industrial park. Mr. Borsuk inquired what the area was designated for as far as land use in the Comprehensive Plan. Mr. Burich responded that the area was designated for manufacturing use from the area of the proposed industrial park and to the south with the only residential area being located to the east. This was reflected in the current and previous Comprehensive Plans. Mr. Borsuk commented that the area had been designated for manufacturing use since the 1990's. Mr. Thorns questioned if anything had changed since the 90's that would cause concerns such as limitations on height of buildings near the airport. Item-Creation of TID#26-Aviation Business Park 2 Mr. Burich indicated that it was rated as an Air Three zone and prohibited new residential uses in this area however height limitations were not significant. Mr. Fojtik inquired what type of uses would be allowed in the district. Mr. Buck responded that the district would have an M-3 General Industrial District zoning classification with a planned development overlay. Mr. Fojtik questioned if the area would be limited to airport industry uses only. Mr. Burich replied that it would not and that it may develop slower than normal industrial parks however there is a demand and necessity for industrial lands adjacent to the airport. Mr. Thorns commented that he thought it sounded similar to a deal that Winnebago County recently turned down. Mr. Burich indicated that the land area is being brought into the city and will be going to the Common Council for action on annexation at their next meeting. Mr. Thorns questioned if the access for the runway would be going through County property. Mr. Burich responded affirmatively. Ms. Propp commented that the numbers in the project plan were smaller than she anticipated. Mr. Burich indicated that it was due to the fact that the land was valued as agricultural lands and thus significantly reduced in value to this agricultural use exemption. Mr. Bowen commented that Red Oak Court was a residential island in the Town of Nekimi and questioned if the approval for this subdivision came through the extraterritorial process of review. Mr. Burich replied that he did not know as it was developed prior to his employment with the City but it could not be replicated now as the recommended land use plans for the area surrounding it are manufacturing uses only. Mr. Bowen commented that we should be sensitive to the property values of the residential uses in this area and could consider relocating the detention basin planned for the industrial park as well as being aware of the residential uses when developing the park. Mr. Fojtik opened the public hearing for comment at 5:07 pm. John Terzynski, Red Oak Court, stated that when he purchased his property he was concerned with good neighbors and he felt the detention basin should be turned to buffer the residents on Red Oak Court. He further stated that homes were built and lot layouts were changed afterward and the City has created a residential island in this area. He was looking for neighbors who will respect their properties and property values and the industrial park will not be attractive and he would like to see large buffers protecting their residences. The City is moving into their neighborhood and pushing too much into this area and heavy industrial uses without restrictions Item-Creation of TID#26-Aviation Business Park are not good for the residents on Red Oak Court. He felt that bike paths and sidewalks should be installed with green space as a component. He voiced his concerns with more traffic in their neighborhood and commented on the number of business buildings that existed within the city that are unoccupied. Larry Last, 3827 Red Oak Court, questioned if the city has purchased the property and stated that an aviation park is not a good business venture at this time. He also questioned if the property has been annexed into the city and suggested that more research be done on it. He stated his concerns with what kind of provisions would be made to mitigate noise and garbage issues, etc. and that it would change their rural lifestyle. The airport was there when he bought his house but he felt their residential uses needed some protection. Mr. Bowen left at 5:18 pm. Allen Davis, Director of Community Development, stated that the City and County have accepted offers which would be proceeding to the Common Council at the end of February or the beginning of March and the annexation of the lands was in progress now. William Schumacher, 253 Brenland Road, stated that he built his house 25 years ago when the area was rural and he moved out there to get away from the noise, flooding, and other problems in the city. He felt the plans coming about now were frustrating and questioned where the road coming off of Oregon Street extending to the west would be located. Mr. Buck responded that the road would be going through an area that is currently farm land. Mr. Schumacher then stated he had concerns with being annexed into the city. Mr. Burich explained the process of attachments according to the boundary agreement with the City and the Town of Nekimi which entails a ten year delay to attach a property to the City when 70% of the surrounding lands are within the City for certain sections of the Town. Mr. Schumacher commented that there were water problems in this area and displayed the area on the map where the water flowed when flooding occurred. He questioned if it will go into the detention basin in the proposed industrial park and if it will be capable of containing it. He also voiced his concerns with noise, lights, and traffic issues and commented that he was disappointed in these developments. He felt the expansion area was disturbing and the layout for the perimeter of the airport had changed. He questioned if the City was going to buy out their properties to the east of the industrial park and felt that a berm could be considered to protect their residences. He also commented about his taxes going up and flooding concerns. Mr. Davis indicated that the storm water would all be directed to the detention basin which will control the runoff and direct it toward Ripple Road therefore not flooding any neighboring properties. The planned development overlay zoning designation will allow development to be reviewed by the Plan Commission and Common Council at which time adjacent property owners concerns could be addressed. Mr. Thorns inquired if any considerations were given to protect the housing subdivision. Mr. Davis responded that the detention basin's location was based on the topography of the area and its planned location was the low point in said area. Item-Creation of TID#26-Aviation Business Park 4 Mr. Thorns also inquired if the industrial park gets planned as an overall property or is it reviewed and approved as each development comes in. Mr. Davis replied that the City has no developments planned for the park at this time and the only improvements we are aware of are shown on the map. The detention basin needs to be located as far as possible from the airport and the road is the only other improvement to be done by the City. There are no specifications on design or green space at this time. Mr. Thorns felt that the City should look at laying out boundaries of the district rather than wait until development comes along to deal with it. Ms. Lohry questioned what the distance was from the cul-de-sac on Brenland Road to the proposed industrial park. Mr. Davis responded that the proposed industrial park would be approximately 1700 feet from Oregon Street therefore about 400 feet from the cul-de-sac. Ms. Lohry commented that something needs to be done to provide a buffer area for the residential uses. Mr. Davis replied that there is a well established tree line in this area as well as wetlands present on the site. Mr. Hinz questioned if the County owns the land to the west of the proposed industrial park, how much input will the City have on it. Mr. Davis indicated that the County would require the City's approval for a conditional use permit for proposed uses in this area. Terry Wesenberg, south of Brenland Road, questioned who was going to maintain the property while waiting for it to be developed. Mr. Burich responded that some industrial park land is typically leased for farming purposes before development occurs depending on the circumstances. Marty Waite, 4601 Oregon Street, stated he owns property to the south of the proposed industrial park area and the water issues discussed previously extend to the south as well. Sheree Zellner, 3669 Oregon Street, commented that the neighborhood used to be quiet and now they are surrounded by industrial uses and described some of the businesses located in the area. She further stated that the original aviation plan was to be utilized for aviation purposes however the industries that have moved into the area are not aviation related. She also voiced her concerns with traffic flow and Oregon Street going from four lanes to two lanes near their house and what is going to happen to the road situation with more traffic in the neighborhood. She felt there were safety issues to be addressed. Bart Brouillette, 3891 Red Oak Court, stated that he had some of the same concerns as his neighbors and assumed their properties will be annexed into the city eventually. Item-Creation of TID#26-Aviation Business Park Eric Dvorachek, 3843 Red Oak Court, stated that he did not receive a notice about the proposed TID district and that he heard about it from one of his neighbors. He commented that the city shouldn't wait until development happens to plan on being good neighbors. Linda Schumacher, 253 Brenland Road, stated that she was concerned with the water flow from this development as flooding was an issue in this area and the factories and additional roadway will make the flooding issues worse. She questioned if the City would be paying for damages if her basement floods and stated her concerns about her well. She also commented about the workers that would be employed at these establishments and where they would be going during lunch and if they would be trespassing on residential properties in the area. She felt that since there could be 1500 workers on this site, that safety issues should be a concern. She also commented that she didn't get a meeting notice regarding this either and she thought this area was to remain residential. Mr. Fojtik closed the public hearing at 5:50 pm. Mr. Thorns questioned if each development would be required to have detention basin facilities. Mr. Bunch responded that in industrial parks there is a regional detention basin that serves the entire park and runoff from each individual site need to be directed to the basin. Mr. Thorns then questioned how we know if the basin is going to adequately handle all the storm water runoff from each site. Mr. Gohde replied that an assumption is made based on the amount of buildable area and each development is allowed to pave areas based on a percentage of that and further described the process of how this is calculated. Mr. Thorns commented that the Commission needs to look at if this is appropriate land use and not the financial end of this proposal but stated that he was disappointed by the way industrial parks are developed. He felt the City should strategically develop topography before properties are sold and developed as it would allow the development to flow better with the surrounding area. He also commented that he had issues with using a large amount of general obligation debt for this project. Ms. Lohry questioned how the 80 acres of land in the proposed industrial park will be divided. Mr. Bunch responded that in most industrial parks the area is left as one large parcel until lots are sold for development. Ms. Lohry then questioned if the City could make the area into a park while waiting for the area to be developed. Mr. Burich indicated that this would add significant costs to the debt for this project and it is all site graded currently and engineering sites prior to development beginning would not be practical. The planned development overlay will help control what is developed on these lands and the basic perimeters are laid out only at this time. Mr. Nollenberger commented that there could be design standards added for landscaping for proposed industrial parks. Item-Creation of TID#26-Aviation Business Park