Title
Overview of the Amara Annexation and related Fiscal Impact Analysis and Economic Impact Report.
Presenter:
Bob Cope, Economic Development Officer
Andrew Knudtsen, Economic & Planning Systems, Inc.
Colton Harguth, Economic & Planning Systems, Inc.
Katie Carleo, Land Use Planning Manager, Planning & Community Development
Peter Wysocki, Planning Director, Planning & Community Development
Body
Summary:
Applicant: La Plata, LLC
Owners: Tee Cross Ranches, LLC - Bobby Norris
Developer: La Plata Cruz Holdings
Consultant: La Plata LLC
Location: Northeast of Squirrel Creek Road and Link Road
This is a session to discuss the Economic & Fiscal Impact Analysis conducted in connection with the Amara Annexation application. We will cover:
1) projected economic impacts including jobs and overall economic growth, and
2) projected fiscal impacts including new City gross revenue, new City expenditures, and net new City revenue
Background:
Please refer to the attached PowerPoint presentation for additional information.
The formal Amara annexation and associated applications were submitted to the City in November of 2021, after the City Council accepted the initial petition for annexation. The goal of La Plata (the Annexor) is to complete the processing of the annexation by the end of 2022.
October 10 - City Council Work Session on the annexation technical requirements and overview of the annexation agreement
October 11 - City Council Budget Committee review of the FIA/EIR
October 11 - City Council Regular meeting - resolution scheduling the annexation public hearing for November 22
October 24 - City Council Work Session on FIA/EIR
October 25 - City Council Town Hall meeting at 5 PM (this will be after the City Council regular meeting)
November 9 - Planning Commission hearing
November 22 - City Council regular meeting public hearing (assuming Planning Commission makes a recommendation on November 9)
December 13 - City Council regular meeting fin...
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