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Village of Maryville, Illinois

Description Public Hearing - Annexation Agreement With LB Properties
Date 6/17/2009 Location Council Chamber
Time Speaker Note
6:45:39 PM Gulledge Called the Public Hearing of Wednesday, June 17 to order. There were nine (9) persons in attendance. Explained the purpose of the hearing is to discuss an Annexation Agreement with LB Properties for the new Maryville Manor project located at 6955 State Route 162. Asked attorney to discuss.
6:46:46 PM Wigginton Read through the agreement. Explained the agreement is for 24.6 acres. Stated the agreement tracks the terms and conditions of other developers who have built multi-use facilities along Route 162. Explained part of the agreement requires a re-zoning upon annexation from SR-1 to PDB. Stated the developer agrees the 10.6 acres adjacent to route 162 shall have a minimum depth of 600 feet and will be reserved for commercial uses generating retail sales taxes. Stated the developer has agreed to pay a tap-on fee of $48,250 for sanitary sewer. Stated the term is twenty (20) years.
6:48:21 PM Gulledge Opened the hearing to the public for questions or comments. There were none.
6:48:41 PM Gulledge He closed the hearing.

Respectfully submitted,

Thelma Long, Village Clerk

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The Village of Maryville