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Ulysses is used to mitigate these wetlands. An additional 11 acres of wetlands would need to be <br />mitigated elsewhere. Option A requires the mitigation of 12.14 acres (24.3 acres) <br />Option B. Option B shows 2 big box retail sites immediately adjacent to Hwy 10, sized 19-28 acres. <br />This plan provides more land for industrial sites, although any of the lots on any of the plans could <br />conceivable be converted to industrial uses, based on size. The plan also utilizes aright-in off of <br />Hwy 10. The plan has slightly reduced impact to the wetlands, requiring mitigation of approximately <br />9.64 acres (19.3 acres). <br />Option C. Option C includes small ancillary commercial lot in the NW corner, two big box lots <br />along Hwy 10, and 5-9 acre commercial sites on the east side of Ulysses. A 12 acre industrial site is <br />located in the SE corner. There is minimal impact to wetlands, 1.1 acres, requiring only the creation <br />of 2.2 acres. This plan effectively requires the acquisition of the Weicht property, leaving very little <br />benefit to the property. <br />The EDA is asked to confirm the assumptions, confirm the desired end use is retail commercial, with <br />anchor tenants (possibly big boxes). Additionally, should the EDA desire a land use that is <br />inconsistent from that recommended by the market study, how long is it appropriate to wait before <br />shifting to alternative land uses. <br />The EDA is also asked for direction to begin discussion with adjacent property owners toward <br />purchase of their property. <br />C:\Documents and Settings\jbamhart\Desktop\GatewaylEDA memo RE Gateway 6-11-07.doc <br />