TO: Mayor and Members of City Council
THRU: Jay Reinstein, Assistant City Manager
FROM: David Nash, AICP, - Senior Planner
Gerald Newton, AICP, - Director, Development Services Department
DATE: October 1, 2018
RE:
Title
Update on MSD Options for Concentrated Retail Areas - Target For Action
end
COUNCIL DISTRICT(S):
Council District(s)
9 & 7
b
Relationship To Strategic Plan:
High Quality Built Environment
Desirable Place to Live, Work, and Recreate
Executive Summary:
This report provides the City Council with data and services for a proposed Municipal Service District (MSD) in the proximity of Cross Creek Mall and concentrated retail areas. The target area consists of 286 parcels along Skibo Road, N. McPherson Church Road, Yadkin Road, Morganton Road and Lake Valley Drive.
The issue for the City Council to now determine is if this new FY 2019 Strategic Plan, Target for Action (TFA) should continue. The TFA states, "Develop Municipal Service District options for concentrated retail areas." This activity is complete. The decision to stop or proceed rests with the City Council. Information of work accomplished this first quarter of the fiscal year follows.
Background:
Definition - A Municipal Service District is a defined geographic area within a city in which the city council levies an additional property tax. The additional tax is used to provide extra services or projects that benefit the properties in the district. Appendix A provides information on the processes for establishing an MSD in North Carolina.
Request from City Council -The City Council has expressed an interest in examining options for a new MSD in an area of concentrated retail as one of the new Targets for Action in FY19. Staff efforts so far have focused on the establishment of an "urban area" MSD in the Cross Creek Mall area and generating potential projects within that area that are at a higher level than other parts of the city.
Overview of Six Tasks
Six tas...
Click here for full text