PowerPoint Presentation (Updated on 8/19/22)
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Cotton and Peoria Retail Center Annexation AN-239 City Council Workshop, August 23, 2022 Annexation Request 2 Approximately 9 acres: Located at the southwest corner of Peoria Avenue and Cotton Lane. Currently within Maricopa County and zoned RU-43. Proposal: Minor General Plan Amendment to PC and rezone to C-2 to allow approximately 37,000 square feet of building area. Vicinity Map 3 Annexation site location City Hall Cotton Lane Peoria Avenue Current Annexations Map 4 AN-239 Annexation Map 5 Aerial Map 6 Range of Fiscal Impacts & Assumptions 7 Assumption: Retail Restaurant Totaling 36,778 retail center One-Time Revenue: Construction Sales Tax & Permit Fees $260,000 Annual Net Benefit $ 230,000 per year Annexation Next Step/Process 8 Should the Council provide 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.) 9 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. Cotton and Peoria Retail Center Annexation AN-239 City Council Workshop, August 23, 2022