At the 6:30 p.m. meeting at Sparks City Hall, the commission will discuss possibly annexing 30 acres of land near USA Parkway that sits more than 10 miles east of the intersection of Vista Boulevard and Interstate 80.
Sparks senior planner Jim Rundle said that the land owner was not completely clear about what they wanted to eventually put on the land. The ambiguity was just one of the reasons that Rundle said city planning staff is suggesting the commission deny the annexation request.
The land is owned by Tahoe Reno Commercial Center, LLC, a Reno company that, according to Business Week, reorganized under Chapter 11 bankruptcy in August 2008.
In order to apply for the annexation, city code requires that the applicant submit a fiscal analysis, crunching the numbers for financial benefit to the city if the request were to be approved.
According to Tahoe Reno Commercial’s hypothetical analysis, the annexation would project a negative fiscal impact for the city’s general fund through 2012 if the land were to be used for general commercial purposes. The analysis further states that the city would start to see a $135,315 positive financial impact in 2015.
However, Rundle said in his report that no entitlements have been issued on the land.
Currently, the land is zoned for industrial uses. If the annexation were to be approved, the land use would convert to the city’s standards for industrial development.
The planning commission meeting is only the first step for the annexation request, according to city law. The commission is scheduled to forward either an approval or a denial to the Sparks City Council after tonight’s meeting. The council will give the annexation either a final approval or denial.
The city of Sparks recently approved the annexation of 375 acres near the proposed 30 acres of annexation. The May 11 approval could give the acreage rights to public safety resources, including police and fire. Planning staff also recommended the council deny annexation of the 375 acres.
The 375 acres is located in the east Truckee River Canyon, six miles east of the current city limits on Interstate 80, and on the north side of Interstate 80 and Waltham Way.