1998AGN JUN 02 I08 - Laserfiche WebLink

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a STATUS OF DEVELOPMENT The CFD is comprised of approximately I I I acres in the western section of the City. The boundaries of the CFD are Randall Avenue on the north, Southern Pacific Railroad on the east, San Bernardino Avenue on the south and Pepper Avenue on the west. The majority of the property in the CFD is zoned for residential use. However, 17.47 undeveloped acres are being planned for commercial development. John Laing Homes is one of the builders of single family homes in the CFD. They own 44 acres which are subdivided into 165 lots. Building permits have been issued for 34 homes. Three of the homes are models and 25 homes have been sold to residents. John Laing Homes has not built any new homes since the 1994/95 fiscal year: Osborne Collection owns 27.57 acres of land in the CFD that was subdivided into 93 residential dots. Young Homes owns 13.10 acres of land in the CFD that has been subdivided into 57 lots. Mr. John Reichel owns 17.47 undeveloped acres in the CFD. There is an additional parcel in the CFD which is .31 acres of undeveloped land. PROPERTY CLASSIFICATIONS Special taxes are levied on each parcel according to its land use and developed status. Property is classified as either Developed, Approved, Planned or Undeveloped. Property is classified based on its status as of June 30 each year. Property is considered "Developed" if a building permit has been issued. Property is considered "Approved" when individual lots are created but no building permit has been issued. "Planned" property has an approved Tentative Tract Map but is not yet subdivided into individual lots. "Undeveloped" property is unimproved landwith no Tentative Tract Map. Tracts 14391-2 and 15165 recorded during the 1996/97 tax year creating 93 residential lots. Seventy-four new building permits were issued. Undeveloped Acres increased by 1.78 acres due to the finalization. of Tract Maps which left 1.78 undeveloped acres previously classified as Planned The chart below shows the number of lots or acres in each category for the 1997/98 tax year and any changes from the previous year. Property Classification 1994/95 Units and Acres 1995/96 Units and Acres 1995/97 Units and Acres 1997/98 Units and Acres Developed 39 Lots 39 Lots 65 Lots 139 Lots Approved 126 Lots 126 Lots 157 Lots 190 Lots Planned 41.04 Acres 41.04 Acres 27.94 Acres 0 Acres Undeveloped 17.78 Acres 17.78 Acres 17.78 Acres 19.56 Acres Colton CFD 89-2 Page 2 September 1997 Prepared by Scott Associates