PowerPoint Presentation (Updated on 9/23/22)
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PARKWAY 303 EAST Annexation AN-243 City Council Workshop, September 27, 2022 Annexation Request 2 Approximately 276 acres: Located at the northwest & northeast corner of Sarival Avenue & Olive Avenue. Currently within Maricopa County and zoned RU-43. Proposal: Major General Plan Amendment to Light Industrial and rezone to PAD to allow approximately 4.38 million square feet of industrial building area. Vicinity Map 3 Annexation site location City Hall Sarival Avenue Olive Avenue Annexation Map 4 Aerial Map 5 Range of Fiscal Impacts & Assumptions 6 Assumption: Industrial 4.38 Million square feet of warehousing & manufacturing One-Time Revenue: Construction Sales Tax & Permit Fees $16.9 Million Annual Net Benefit $ 1.49 Million per year Annexation Next Step/Process 7 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.) 8 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. PARKWAY 303 EAST Annexation AN-243 City Council Workshop, September 27, 2022