3.0. SR 10-11-1993 - Laserfiche WebLink

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e (location, ownership, occupancy, utility improvements, etc.) - Potential sites for future. industrial/business parks - Development-ownership options - Current property owner -Private land developer - Public-private joint venture. (EDA and developer) - Public/Quasi-public joint venture (EDA and Utility Company) - PU}:)lic initiative (EDA or City) - Overview of EDA Powers - power to study economic development needs - Power to acquire property - Power to lease or sell property - Power to develop and improve land - Power to issue bonds - Funding Sources improvements) ( land acquisition and/or site e - Contract.for Deed Revenue or G.O. Bonds Improvement Bonds (Chapter 429) Tax Increment Funds . US Economic Development ~dministration Grant Rural Electrification Administration Grant/Loan Utility Company Grant/Loan III. Second Task Force Meeting The second meeting of the Business Park Task Force was held on July 27, 1993. EDA Task Force members reviewed potential park locations, including a careful examination of: - Specific sites - Ownership - Zoning - Estimated acreage e A likely concept coming from the Task Force included the development of two separate business park/industrial areas. One area would likely continue to possess the City's light industrial (I-I) zoning designation with moderate development regulations for the typical metal fabricator or tool and die shop. A second area would likely be zoned B-P/Business Park, or, B-C/Business Campus. Within this zone, certain industrial, office, and limited commercial uses which are compatible with and compliment each other would be encouraged. The B-P zone would likely result in higher architectural standards regarding elements such as landscaping or exterior building finishes.