This project something we worked on for several months getting it set up and then obviously here for two and a half days with some really uh important questions that we asked of the group and we're really uh excited to to present this to to the group uh council and everyone watching today. Also want to add that this is a first step of developing the 180 acres and this will continue to come back um to planning commission EDA and obviously the council.

Uh the first is really maximize community benefit. So the opportunities uh to add jobs uh potential services uh housing options as well as uh improve fiscal strength within the community was something that we really thought about. Uh maintain overall image and character. This is definitely something that we heard a lot uh as part of our interviews uh with community residents um and stakeholders. Uh people really highlighted the natural beauty... they they really love the sort of the rural character and so something that uh really informed a lot of our thinking.

But it's it's a really good site that supports those potential types of uses. Um I think from a from a phasing standpoint, and not to get too far into it, but, uh, parcel one is the the furthest parcel of the south is the parcel that's most ready to go. Uh it's the parcel that has utilities in place. Uh and, uh, you just have to work on access.

I think developers if they were going to look at this would want to approach this with the idea that they have flexibility. So in that design we show the five buildings but what would actually happen is they would probably try to control that entire site and then once the first user shows up for the first building and let's say that's 100,000 square foot build a suit then that would kind of set the ground rules for what the subsequent buildings would end up being.

I think the takeaway here is that because of how the fiscal disparity act is set up, whether you do industrial or housing, it's going to net the same result back to the city in terms of property tax revenue.

So this study looks only at the property tax comparison between different alternatives. Doesn't look at other revenue or expense that will be incurred. For instance, you know, residential development creates a greater demand for city services than commercial. Um, and if we go beyond the city, we have the school district and the county and and so, you know, I think it's a good comparison on the tax side, but I think if you could take a holistic approach, you have to think about what's the total impact of the development.

So, at the risk of oversimplifying it, what this is saying is the tax revenue coming back to the city is going to be relatively the same if you do this mix of uses that we proposed versus if it were all industrial. Okay.

Last year, council approved crosswalk policy right about a year ago in December 2024 um that the city uses to evaluate [clears throat] um whether or not a pedestrian crosswalk should go in.

So, I mean, it sounds like this isn't just as simple as putting some stripes down on the street with these streets. This is going to be looking at possibly um some lights or uh additional aspects than just painting some lines down.

When would they do their study as winter is coming? I don't think there's really any utility to study how many kids are going to the park in January.