MARCH 21, 2005SHAWNEE PLANNING COMMISSION MINUTESPAGE 50
The overall development adjoins the west side of Woodland Drive, which is a designated minor arterial. Although this major street was reconstructed as part of the City’s Capital Improvement Program (CIP), the project was not funded though the creation of a street improvement district. Therefore, the development is not eligible for a credit against the excise tax. The development site was not included in any previous street improvement districts that would be eligible for a credit.
However, the applicant was required to improve 1,306.47 feet of Clear Creek Parkway, which equates to a credit of $418,070.40 at the rate of $320 per foot. To date, the applicant is used a total of $301,150.49 of the eligible credit for the following final plats:
The sixth final plat contains a taxable area of 1,193,337.91 square feet, which equates to a gross tax of $179,000.69 at the tax rate of $0.15 per square foot.
The seventh final plat contains a taxable area of 240,386.02 square feet, which equates to a gross tax of $40,865.62 at the tax rate of $0.17 per square foot.
The eighth final plat contains a taxable area of 378,065.95 square feet, which results in a gross tax of $81,284.18 at the tax rate of $0.215 per square foot.
c.This final plat contains an estimated taxable area of 828,325.41 square feet, which results in a gross tax of $178,089.96 at the current rate of $0.215 per square foot. Using the remaining credit of $116,919.91, the applicant will be responsible for paying an estimated excise tax of $61,170.05. The actual amount of any excise tax payable to the City will be calculated at the time a final plat is recorded.
The excise tax is due prior to obtaining the Mayor’s signature on the recording copy of the final plat.
8.The street improvements required for this development shall be designed according to the standards in the Shawnee Manual of Technical Specifications and Design Criteria.
The conceptual street layout shown on the revised preliminary plat is satisfactory and appears to comply with City standards. Likewise, the preliminary centerline profiles are substantially complete and adequate for the purpose of reviewing the preliminary plat although the following design issues and any additional issues discovered during the review of preliminary street plan-profile sheets must be resolved prior to the approval of the street improvement plans:
The length of the vertical curve at Station 12+60.00 on 60th Terrace is too short. Likewise, the vertical curve at Station 7+80 on Theden Street is too short. ‘K’ must equal a minimum of 23.5 for a sag curve.