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Hopewell Annexation Request AN-228 City Council, August 24, 2021 Annexation Request 2 Hopewell is approximately 104-acre parcel located at the southwest corner of Northern Avenue and Reems Road. County jurisdiction zoning is RU-43. Proposal is to rezone to PAD to allow for 5 Industrial buildings totaling 1.6 million square feet of Industrial building development. 3 SWC Corner Northern Avenue & Reems Road CITY HALL SITE Vicinity Map Current Annexations Map 4 Conceptual Site Plan 5 Fiscal Impacts 6 •Fiscal Impacts of the Annexation on the City of Glendale: –The inclusion of approximately 776,000 sq. ft. of warehousing and 776,000 sq. ft of manufacturing for a total of 1.6 million sq. ft., is projected to generate a positive net fiscal impact. Fiscal Impacts 7 One-time fees for the proposed Hopewell development is estimated at 6.2 Million dollars. The possible net impact to the City is $320,000 per year, excluding one- time revenues. Fiscal Impacts 8 Previous Council Actions 9 August 10, 2021 City Council Workshop Council CONSENSUS to move forward with annexation Annexation Process/Next Steps 10 •As required by State Statute, the “Blank Petition” requires a Public Hearing being held this evening August 24, 2021. •Property owner signatures may then be obtained on the “Petition”. Annexation Process/Next Steps 11 •A City Council public hearing is tentatively scheduled for the adoption of the annexation on September 28, 2021. •If the annexation is approved, the site would be added into the Glendale City limits 30 days later. Hopewell Annexation Request AN-228 City Council, August 24, 2021