10/19/1999 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 10/19/1999 ,~~ loss of this land. There is roughly 120 feet of property for the roadway and perhaps ;,,~,, another 120 feet of a triangular piece that may or may not be developable. Under this plan, we are losing some Lorain Road frontage; therefore, we lose the tax benefit to that property. Law Director Gareau said he did not know what the tax bill for that property was, but perhaps Mr. Simecek knew. Mr. Simecek said he was not sure what the tax bill for the land is, but their original plan for that parcel was to build a factory. In that plan, the North Olmsted triangular section would have been maybe the side of the driveway and some landscaping. It would have been left undeveloped. The factory would have been located in North Ridgeville. By possibly using this with the Cypress plans, it then may be developed in another way on the Lorain Road frontage. Otherwise, it would not have been used. Mr. Miller noted that the road, for all practical purposes, will become North Ridgeville's road in perpetuity (Mr. Zagran's word used in the caucus). North Olmsted will have lost in perpetuity the opportunity to collect taxes from that property. Mr. Zagrans said that he does not believe it will be all that much because what is being lost is 60 or 70 feet that the right-of--way will take up. According to what Mr. Simecek indicated, if the road goes where is was originally planned, that property was going to be unusable. He does not believe the tax consequences to the City of North Olmsted are all that consequential. On the other hand, if the roadway went entirely in the City of North Ridgeville, North Olmsted probably would have some expense along Lorain Road in some additional signalization that would eventually be required. He believes any disadvantage to the city from losing some tax revenues would be more than compensated for by taking away the cost burden that North Olmsted otherwise might incur. Mr. Miller noted that, including the triangular piece of property plus the roadway itself, he estimates the frontage on Lorain Road to be 225 feet. Mr. Zagrans said he would estimate it to be 180 feet with a depth of about 100. feet tapering down. Law Director Gareau went to the map to identify the area being discussed. He said, given the setback requirements, he did not believe anything could be built on the property. He would be amazed if it carries a very high value for tax purposes. Again, this agreement is a letter of intent. It is something that was developed in a very short period of time. In talking about it with our City Engineer, it was determined that it would come back again before this Council and it did not do anything negative to the City of North Olmsted. As to the issue of the adjoining property owner, if the road does goes in, this will come back before the city and that issue would be addressed. Mrs. Saringer asked, if this is passed this evening, could we say no if the resident business objected. Law Director Gareau said we would have to look at what the objection was, but we could say no. The agreement was prepared so there were reservations of rights that would come back before the City Council. Mayor Musial asked Mr. Zagrans what would happen to the plan in the event that City Council did not approve the legislation this evening. Mr. Zagrans said the settlement among the three parties-the City of North Ridgeville, Q-Panel and the developer Cypress-blows up and there will be a trial on Thursday morning of the city's case to take by eminent domain that portion of the property that goes to the south. Q-Panel will obviously fight the city's effort to take their property by eminent domain. Mayor Musial asked if the judge would provide a continuance on the trial date. Mr. Zagrans answered: "The judge has kept all the parties' feet to the fire quite considerably throughout the entire pre-trial period of the case. All of the parties, including Mr. Gareau who just 10