Focus Area: Economy & Legal
Staff Contact: Jamie Robichaud, Economy Director, Chet Belcher, Chief Community Development Officer, & Ron Shaver, City Attorney
Subject: Annexation Agreement with Commercial Reposition Partners 17, LLC.
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Consideration of an annexation agreement with Commercial Reposition Partners 17, LLC, pertaining to the annexation of approximately 146+/- acres at the northeast corner of W. 175th Street and S. Lone Elm Road.
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Summary:
In accordance with K.S.A. 12-520(a)(7), Mark Connor with Commercial Reposition Partners 17, LLC (the “Petitioner”) has submitted a petition for annexation of approximately 146+/- acres of land (Attachment A) located at the northeast corner of W. 175th Street and S. Lone Elm Road (ANX25-0002), which lies contiguous with the corporate boundaries of the City of Olathe. The property is within the City of Olathe’s Growth Area and is designated on the Future Land Use Map of the Comprehensive Plan as an Employment Area.
The Petitioner is pursuing annexation as they desire to rezone and develop the property for commercial development purposes in accordance with the terms set forth in the Annexation Agreement (Attachment B).
The Annexation Agreement describes that the Petitioner will submit applications for rezoning, preliminary and final development plans, and preliminary and final plats, and any changes that may be needed to the City’s comprehensive plan, to develop the Property as an industrial and logistics business park, which may include commercial, office, manufacturing, warehouse/distribution, and other appropriate uses approved by the City, and for other general commercial or mixed-use purposes, as generally depicted on the concept plan included with the Agreement. The Agreement provides additional details regarding certain required land use approvals, financial incentives, and extension of sanitary sewer service (including dedication of required easements on the subject property at no cost to the City), along with other standard provisions in annexation agreements the City has entered into with other property owners in recent years.
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Financial Impact:
Future development of the property will result in an increase in the City’s real property tax collections.
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Action Needed:
Approve the annexation agreement with Commercial Reposition Partners 17, LLC, pertaining to the annexation of approximately 146+/- acres at the northeast corner of W. 175th Street and S. Lone Elm Road.
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Attachment(s):
A. Petition for Annexation
B. Annexation Agreement