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Thrasherland Annexation AN-232 City Council Workshop, November 23, 2021 Annexation Information 2 Thrasherland is an approximately 5- acre parcel located northwest of Glendale Avenue and the 115th Avenue alignment. County jurisdiction zoning is RU-43. Rezone the property to M-2 (Heavy Industrial). 3 NW of Glendale Avenue & 115th Avenue CITY HALL SITE Vicinity Map Annexation Map 4 Aerial Map 5 Aerial Photograph 6 Current Annexations Map 7 AN-232 Fiscal Impacts 8 Fiscal Impacts of the Annexation on the City of Glendale: –The inclusion of approximately 5-acres for a total of 40 acres of Heavy Industrial and is projected to generate a positive net fiscal impact. Fiscal Impacts 9 One-time fees for the combined 40- acre Thrasherland property is estimated at $2.3 million. The possible net impact to the City is $130,000 per year, excluding one-time revenues. Fiscal Impacts 10 Annexation Next Step/Process 11 Council Consensus to move forward with annexation process As required by State Statute, a City Council public hearing is held on the “Blank Petition”. Property owner signatures may then be obtained on the “Petition”. Annexation Process (cont.) 12 A City Council public hearing is scheduled for the adoption of the annexation. If the annexation is approved, the site would be added into the Glendale City limits 30 days later. Thrasherland Annexation AN-232 City Council Workshop, November 23, 2021