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HomeMy WebLinkAboutJPZ - 06/05/1967 - 1100 ACRES WEST OF RT 53 TO: Judiciary, Pl ning and Zoning Committee lg MINUTES: Judiciary, Planning and Zoning Committee Meeting June 5, 1967 •T Sub ect: 1100+ acres west of Route 53 All members present: Chairman Trustee Gibson Trustees Keith and McGrenera Interested participants: President Jack Pahl Trustees Chernick, Coney and Zettek ' Elk Grove Village Plan Commission members: Chairman Schwellenbach; Cummins, Knudson, Denney, Ballard and Bantner Centex: Stebbins and Winkle School District #514: 3 members and Superintendent ------------'=--------------------------- Meeting opened by Chairman Gibson at 8:00 P.M. The following notes, figures, etc. presented as fact and/or opinion by interested persons. Keith referred to his note to Centex re possible zoning classifications in area concerned. Stebbins: All houses in Unit 15 will be delivered by June 15, 1968. The next unit developed will then be the R-3 section in the proposed PUD along State Road in the Northwest section of this area. This would be on approximately December 1, 1968. • t i MINUTES: June 5, 1967 - 2 - Current Unit 14 - 446• D. U's 4 " 15 - 240 of 4 P.U.D,. - 209 " Development cost exclusive of raw land cost, approximates $7,000.00/acre at this time. School District #54: They have nothing planned along Highway 53 on 7500 square foot lots. Hoffman Estates - :R-3 8250 square foot lots Schaumburg - R-3 1.0,000 square foot lots #54 will be up to their debt limit with next referendum. #54 - 7600 Elementary School Students #59 - 8-9000 " Lancer Construction has a PUD here, lot size varies - 8,000 square foot - 20,000 square foot; average out at 10,000 square foot; did not know density or all building types. Plan Commission member J . Denney: Suggested #59 School Board be polled re.*annexation. This land annexed to Elk Grove Village early in 1963 at the request of the Village for use in the prospectus to help sell bonds for water and sewer utility purchase,. Centex: will not allow a double shift in schools as this area is developed. Centex: will not start development here for a minimum of 18-24 months. Centex: will definitely offer this land for sale if they cannot get R-3 zoning. School District #54 spends $469 .00/student " if #59 $620.00/ " 1 4 w MINUTES: June 5, 1967 - 3 - Figures from School Disltric:t 454's presentation not checked by me for ° accuracy. Years 1965-66 #54 #59 Teachers 184 315 No. Students 5650 7466 i Assessed Val. $68,616,645 $167,073,024 Bonded Debt 4.157% 4.98% (5% Limit) As of 6/66 Another developer (Levitt) moving into Schaumburg -- estimated 800-1000 acre development. No other facts re housing types, zoning class, etc. Respectfully submitted, �� Dick McGrenera DM/dp cc: Village Board of Trustees Plan Commission Members 1 o . o s ,