98-67 ANNEXING TERRITORY - Laserfiche WebLink

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ECONOMIC DEVELOPMENT DEPARTMENT . MEMORANDUM NO. 98-06 Date: 11/9/98 To: Honorable Mayor M. Howley and City Council Members From: James L. William . City Manager A.J. Krieger, Direc , Economic Development DepartmenlCV` Sub�ect: Annexation of property to achieve contiguity to Brady/Janko development , Valid petitions requesting annexations of four parcels described herein have been filed with the I City Clerk's Office. In January of this year, Council approved annexation and development agreements with Janko Financial and Bob Brady, respectively, to facilitate the development of an approximately 32 acre tract located near the southeast corner of Boyd Road and Illinois Route 48 (the Brady/Janko development). One of the provisions of the development agreement is that the subject property annex to the City of Decatur within the twenty (20) year term. Staff has been pursuing annexation agreements with the properties described herein, in order to establish contiguity to the development site. At its October 19, 1998, regular meeting, Council approved annexation agreements with Mr. Robert Tolladay and the Ernest E. Dragstrem Estate. Concurrently, staff was also in discussions with representatives from the Archer Daniels Midland Co. and the Boyd Family to secure their annexations. In sequential order, the four proposed annexations will establish contiguity to the Brady/Janko development site, as well as additional property suitable for both light industrial andlor commercial development. The four annexations (in order) are: 1. Robert Tolladay 88.13 acres 2. Ernest E. Dragstrem Estate 69.93 acres 3. ADM (WMCD subdivision) 12.18 acres 4. Boyd Family 170.64 acres Council has previously approved annexation and development agreements related to this project, as well as contracts for the extension of water and sanitary sewer to the site. It is staf�s understanding that both Bob Brady and Janko Financial are prepared to commence development of the site pending Council approval of the aforementioned annexations. Staff will be available to answer questions.