PowerPoint Presentation

Carioca at Peoria and Sarival
Annexation AN-244 
Blank Petition
City Council Public Hearing, January 23, 2024

Annexation Information
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Approximately 12.5 acres:
Located at the southeast corner of Peoria 
Avenue and Sarival Avenue. 
Currently zoned C-1, Intermediate 
Commercial.
City zoning C-1, Neighborhood Commercial

Vicinity Map
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Annexation 
site location
City Hall
Sarival Ave
Peoria Avenue

Current Annexations Map
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AN-244

Annexation Map
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Aerial Map
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Carioca at Peoria and Sarival
Annexation AN-244 
Blank Petition
City Council Public Hearing, January 23, 2024

Fiscal Impacts
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Fiscal Impacts of the Annexation on the 
City of Glendale:
The commercial development proposal 
on the 12.44-acres site, is projected to 
generate a positive net fiscal impact.

Fiscal Assumptions
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This fiscal impact includes 0.29 lane miles of new street frontage 
along Sarival Avenue (assuming 770 linear feet and 2 lanes) that 
would be taken into the city for maintenance.

Range of Fiscal Impacts & 
Assumptions
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Annual Revenue:
$310,000
Expenditures: 
$60,000/year
Annual Revenue Less 
Expenditures:
$250,000 net benefit/year
Actual fiscal impacts may vary depending on assessed value, taxable sales
and leases, and other project details.

Carioca at Peoria and Sarival
Annexation AN-244 
City Council Blank Petition Hearing, January 23, 2024