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Planning and Zoning Commission Minutes <br />December 18, 1997 <br /> <br />Page 17 <br /> <br /> Co-Trustee for the Wfll~am Van Avery Trust. A portion of this <br /> property is currently in that trust Mr. Beal said they have <br /> .received, just as information, a number of inquires and a number <br /> of unsolicited proposals to purchase this .property, which they have <br /> declined..The interest to purchase this pro. perty_Js__stro_ng.___I!k_.__thi_s__ <br /> petition there are large and small property owners. He said their <br /> request he feels, includes a unique opportunity for development <br /> and ff this opportunity occurred, yes, it would create additional <br /> value both for the .owners and hopefully for the community. This <br /> could be a win-win situation. Mr. Beal Said this opportunity could <br /> pass ff they do not act on it in a reasonably period of time. He said <br /> they believe that the request makes sense. Mr. Beal said on behalf <br /> of the Van Avery Trust and the other .owners of this petition, they <br /> respectfully request approval of this petition. <br /> <br /> Mr. Ewing said Cabarrus Economic Development is supporting the <br /> petitioners reZ°ning request for several reasons. The first and <br /> foremost being that there is a need for additions to' their inventory <br /> of industrial land along the 1-85 corridor. Essentially they have lost <br /> 1,400 acres in King's Grant that was originally designed to. be <br /> industrial that is now going to be commercial. Recently 10.0 acres <br /> in International Business Park was' rezoned to commercial, leaving <br /> about 250 acres in the park for industrial development Mr. Ewing, <br /> said the re.a! issue is~ revenue or expense. He said they hope th.e...~. <br /> Board will approve the petitioners request for rezoning. <br /> <br />Mr. Jerry Newfon, spokesperson for some Beech Bluff residents~:, ~ <br />:addressed the Board stating at the end of October, a petition of.:: <br />'opposition was submitted to the Planning Board. I-te said he <br />would briefly like to summarize a few points of that and further <br />discuss the Western Area Plan, Mr. Newton said the residents of ' <br />Beech Bluff are directly affected by this rezbning,, and therefore, <br />have requ'ested that the rezoning be .denied, based on it violating <br />the spirit and, the intent of the Western .Area Plan. He said the <br />present zoning does not deny the owners a reasonable right to <br />develop their land, and the proposal would create .an employment <br />center, an associated traffic greater than the Concord Mills Mall, <br />and would totally overload the present and future' road system and <br />infrastructure in the area. Mr. Newton said he wants to make clear <br /> <br /> <br />