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REGULAR MEETING OCTOBER 27, 2008 <br /> <br /> <br /> <br />and 024-1105-5294) to the north of 54908 Ivy Road. As such this analysis will view the <br />development holistically. To west of the Development Area is the University of Norte <br />Dame, to the east is medium-density residential (Jameson & Turtle Creek), to the north is <br />single-family residential, and to the south is commercial property. The Development <br />Area is located off of a cul-de-sac known as Ivy Court, along the alignment of the former <br />Ivy Road, which connects to the recently constructed portion of Twyckenham. The <br />entrance to the Ivy Court Inn is located is off of this cul-de-sac. The surrounding area to <br />the east of the University of Notre Dame has experienced relatively high levels of growth <br />in the form of medium density residential condos and apartments, and is expected to <br />continue until market demand is met. Given the surrounding land-uses and recent <br />transportation enhancements, future rezoning to “MU” Mixed Used or “MF” Multi- <br />Family are acceptable land-uses pending a site-plan that satisfies the Development <br />Criteria found below. Please note, that this petition only regards the proposed <br />annexation. A rezoning petition to another land-use will occur in the near future pending <br />a favorable outcome of this petition, and the Annexation Area will be zoned “SF1” Single <br />Family Residential until that time. The current development concept for the Annexation <br />Area is a “MU” Mixed Use building with a 12,000 Square Feet retail component on the <br />first floor and 10 residential units on the second floor. This form of development is <br />unique to the immediate area, and City Plan notes that this form of development benefits <br />the community by: <br />? <br /> <br />Helping create a sense of place <br />? <br /> <br />Maximizing use of land by supporting sustainable land development <br />? <br /> <br />Maximizing use of existing public infrastructure <br /> <br />City Plan also notes that Mixed Use development can encourage positive pedestrian <br />activity. However, it is important to note that traditional cul-de-sacs are known for being <br />an impediment to pedestrian activity by reducing connectivity. As such, in consideration <br />of rezoning and annexation it is required that the developers give very careful <br />consideration to vehicular access and circulation as well as pedestrian movement within <br />the annexation area. Sidewalks adjacent to the development will be required. It should <br />also be required that neo-traditional building/site design elements be included in terms of <br />context, setback, orientation, spacing, style, massing, height, entry, fenestration, <br />materials, accessory buildings, landscape buffering and lighting that achieve development <br />and design of the highest possible quality. It is required that the annexation area integrate <br />harmoniously with the surrounding residential areas. If feasible, residential parking areas <br />shall be located in the rear of the building to minimize the size of the parking lot in front <br />and make more desirable front set-backs feasible. If the “MU” Mixed Use development <br />concept is not pursued in favor of “MF” Multi-Family development the parking area shall <br />be located to the rear of the building to the greatest possible extent in order to minimize <br />the view of the parking area from Twyckenham and make more desirable front set-backs <br />possible. Building plans and other information to satisfy these requirements must be <br />submitted by the developer to the City as part of the development review process. Failure <br />to comply with all the conditions may result in the City’s repeal of annexation. Essential <br />city services can be made available to the residents (and territory) of the Annexation Area <br />in a timely and comparable fashion per the requirements of State law and this fiscal plan. <br />The City is financially able to support city services to the territory sought to be annexed. <br />Required improvements made by the petitioner and/or owner of the parcels must be made <br />in accordance with the standards of the City of South Bend. Required improvements <br />made by the City will be completed within the time frames provide by State law and this <br />fiscal plan. All figures are estimates. Final cost of capital expenditures, if any, will not be <br />determined until bids are publicly solicited, contracts are awarded and projects are closed <br />out. Property tax revenue and land assessment estimates are based on a combination of: <br />2007 payable 2008 tax rates, taxes paid in previous years by a comparable development, <br />estimates of units built, estimates of unit values and land assessments, and tax abatements <br />or adjustments, if any. Property tax revenues based upon full implementation of HEA <br />1001. Department expenditures and revenues are derived from the City of South Bend <br />Budget. The estimated costs to provide services, noted in Section III, Municipal Services, <br />is a City-wide average based on a particular budget year. In the case of the proposed <br />development in the Annexation Area, some of these services will not be required or <br />possibly requested for many years. Hence, the cost of providing services over the first <br />five should be evaluated with this in mind. <br /> 14 <br /> <br />