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06.02 - Future Development-"New" Hwy 371/CSAH 11 Intersection
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10-06-2015 Council Meeting
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06.02 - Future Development-"New" Hwy 371/CSAH 11 Intersection
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Although the Planning Commission understands there will development pressure in the future along the <br /> realigned Highway 371, it is committed to upholding the values and policies contained in the <br /> Comprehensive Plan and Downtown Plan--to continue to encourage development along our existing <br /> infrastructure (sewer,water,streets,etc.) before extending those systems to other areas of the city. <br /> Before any public infrastructure is extended to the new intersection,the Planning Commission <br /> recommends that a cost/benefit analysis be performed to determine the long-term maintenance cost of <br /> the new infrastructure compared to the tax revenue needed to be generated by future development of <br /> the corridor. Past studies(see Section IV of the Downtown Plan) have shown that in many instances, <br /> developments do not generate enough property tax revenue required to maintain the infrastructure <br /> supporting it,thus necessitating public subsidy. <br /> In the coming months,the Planning Commission will be reviewing"Future Road Corridors"and how <br /> those may impact future development along the Highway 371/CSAH 11 intersection and other areas of <br /> the City. <br />
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