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416 · The Odell School Road / Harris Road intersection may also meet signal warrants as the proposed mixed-use development reaches build- out; also new turn lanes will likely be necessary to provide safe and efficient traffic operations. Therefore, it is recommended that NCDOT periodically monitor traffic operations for conditions that would warrant signalization and other improvements. Developer participation should be considered for any identified improvements at this location. · Dedication of right-of-way along the entire frontage of NC Hwy 73 sufficient to permit the future widening of this facility. By providing the necessary right-of-way, the site complies with the Cabarrus - South Rowan Urban Area Transportation Plan. Mr. Stansbery reported that Mr. Burkett had agreed to make the recommended improvements at an estimated cost of just under $500,000.00. He also reviewed a letter dated March 8, 2000 from Benton G. Payne, P.H., Division Engineer with NCDOT, regarding traffic volumes and reco~mnended improvements. The NCDOT is currently seeking funds to make the improvements at NC 73 and Odell School Road. Also, the widening of NC 73 is currently identified as Priority Number 6 in the Transportation Improvement Plan with funding by the Department of Transportation at some future date. In conclusion, Mr. Stansbery confirmed the daily trip generation projection for the proposed mixed-use development represents roughly four times the volume of traffic on the roads in that area. However, he stated the mixed-use components of the proposed development would tend to mitigate and reduce the impact typically associated with such a development. Chairman Fennel opened the public hearing for any other persons who wished to address the Board. Mr. Jack Rankin, resident of 4435 Rankin Road, Concord, stated he did not oppose the requested rezoning but did oppose the ~gift" of Odell School to the developer. He stated the school is the center of the co~aunity and should not be torn down. Further, he objected to the proposed property exchange, stating in his opinion it is necessary to keep some of the old schools and continue to use them. Finally, Mr. Rankin questioned the possibility of another land donation and/or exchange for a school site. Mr. Hartsell explained the exchange of land as authorized by the General Statutes for the disposition of property. Mr. Eric Wallace, resident of 9401 Harris Road and area property owner, objected to the rezoning. He submitted a petition opposing the rezoning that he stated contained 33 signatures representing over 80 percent of area citizens and property owners. Mr. Wallace expressed concern about the flooding of land proposed for the school sites and the safety of school buses crossing the narrow bridge on Harris Road. He listed the following objections to the rezoning: (1) Unsuitability of high density residential zoning for the community; (2) Approval of project sets the precedent for future developments as construction of the new sewer line proceeds along Rocky River; (3) Existing roads cannot support the rezoning to high density residential and there is no guarantee that the Department of Transportation will fix the roads. In conclusion, Mr. Wallace cited problems associated with development in northern Mecklenburg County and urged the Board to consider all aspects involved in the proposed project. Ms. Janet Fitzpatrick, resident of 9521 Davidson Highway, opposed the rezoning. She cited concerns about the heavy traffic in the area, including traffic congestion and the difficulty she now has in crossing the road to get her mail. Mr. Bob Figgs, resident of Odell School Road just south of the subject area, raised questions regarding such issues as: the value of the property donated to the County; the value of the 19 acres to be acquired by the County; trip capture of both inward and outward trips to the development; Odell replacement school funding; capacity of the new school; the anticipated 500-600 elementary students from the new development; and the estimated average property values of homes in the new development. In conclusion, Mr. Figgs stated he opposed the rezoning due to additional traffic and the impact on the schools and stated in his opinion the County will lose a great deal of money with the proposed exchange of property. Mr. Hartsell explained the gross value for the 19 acres to be acquired by the County is $6,000.00 per acre; however, this amount is offset for wetlands and the actual tax value is $54,000.00.