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includes signalization, the widening of Mill Road, additional striping, and <br />alteration to the neighboring streets. Mr. Newberry advised that Wal-Mart <br />would be willing to participate in this.improvement to the extent that they are <br />able to, and would cede any property of theirs that would be needed; and would <br />participate in some of the ir.iprovement costs of NLill Road and will also install <br />the required signal on Lorain Road. Wal-Mart.would not be able to acquire right- <br />of-way or improvements that are remote from their property lines. Mr. Deichmann <br />clarified that he had mentioned widening of Mill Road as proposed in Option 3, <br />and that money would be spent on Mill Road and the turriing lane an Lorain Road. <br />Mr. Bingham, reai estate manager for Wa1 rla.rt stores, gave some projected tax <br />income figures that will be generated by this store: First yeax taxes generated <br />would be approximately $250,000. per year: $41,000. would go to the city; <br />$45,000. would go to the county; $152,000. per year with nominal taxes to the <br />library and vocational facilities. This property, at present is generating from <br />$5,000. to $10,000. Mr. Deichmann stated that option 1 would cost about four <br />million dollars in acquisition and improvement costs, and option 2.would cost <br />about three million, and the one million previously mentioned for option 3 is <br />conservative and is limited to this immediate area and'does not include any new <br />signalization of the streets to the north or repairing any problems that might <br />occur to those streets. The members agreed with Chairman Gorris that there should. <br />be no aceess in Mill Road. Mr.. Thomas explained that he weighs the negative <br />impact of a proposal to the surrounding residential areas, and if access to a <br />business creates a negative impact to that residential community, he believed <br />that the Comnission is within its right to eliminate that from a development or <br />diminish the negative impact..He stated that their own traffic analysis has shown <br />that the primary access should be on Lorain Road and. Lorain Road would be the <br />best location to control traffic and would have the least negative impact on <br />Dover or Porter Roads. He suggested that one access could be located on the far <br />western end of their proper.ty, and the other located more toward the east. Mr. <br />Newberry stated that there is an ingress/egress and utility easement through the <br />Olmsted Square site which is still in effect, there is no other means for access <br />to Lorain Road, he advised that there is a 4 foot grade separation difference <br />between the back end of the 0]msted Square and their property and a 2Z foot grade <br />separation betsaeen the western edge of Olmsted Square and the Oldsmobile <br />Dealership property, and there is no setback there; he questioned how the <br />Comnission could mandate access that is not under the control of the developer. <br />Mr. Orlowski noted that the drawing shows it. Mr. Newberry stated that he showed <br />the driveway up to where the easement begins, and if the Commission accepts what <br />has been presented, they will get. the necessary information regarding the <br />easement and whatever else is needed-to design. the intersection and the <br />signalization. Mr. Gorris suggested using the old Sherwin Williams drive for a <br />ingress/egress right turn only drive. Mr. Newberry pointed out that these plans <br />do incorporate cross access with McDonald's and a.right in and right out drive at <br />the old Sherwin 6dilliams drive; a right.turn only in and out drive on Dover <br />Center and the two access on Mill Road. They have agreed to bu.ffering and <br />mounding along the western property line, adjacent.to the residential area; they <br />have also shown the relocation of a portion of Mill Road that is on their <br />property. He repeated that they would do what they could to improve Mill Road to <br />the city's standards on their property, as well as the cost of signalization of <br />the Lorain Road access, and do what is necessary on Dover Center and on Porter. <br />Mr. Newberry maintained that this widening will benefit the city, not just <br />Wal-Mart. Mr. Tallon understood that any property which had to be improved and <br />did not belong to Wal-Mart riust be improved at the city's expense. Mr. Newberry <br />responded that this was not necessarily the case, they lmow Vahat they can do on their property, but will talk about a shared cost on the rest. Mr. Orlowski <br />3