Item Coversheet

Spotsylvania County
Board of Supervisors Agenda
Executive Summary




Meeting Date:
September 11, 2018
Title:
Jackson Village and Alexander's Crossing Special Service District

Type:
Action, Public Hearing, Ordinance, Power Point Presentation
Agenda Title:
Jackson Village and Alexander's Crossing Special Service District
Recommendation:
Adoption of Ordinance No. 2018-01 will create the Jackson Village and Alexander's Crossing Special Service District with a rate of 0.30 per $100 assessed value.
Summary:

The attached ordinance establishes a new Special Service District (SSD) in the County named the Jackson Village and Alexander's Crossing Special Service District. The district includes land zoned Mixed Use that is within the Jackson Village and Alexander's Crossing developments. The SSD also includes portions of Route 1, I-95, and Massaponax Church Road, as well as several Industrial 1 (I-1) zoned parcels located between Route 1 and Jackson Village. While these I-1 zoned parcels are within the SSD boundary, the ordinance exempts the I-1 zoned parcels from the special tax. The proposed special tax rate is $0.30/$100 of assessed value. The funds must be used for transportation infrastructure benefiting the district, which could include improvements to Route 1 and Massaponax Church Road, and the construction of a bridge over I-95 that will link the two Mixed Use projects.

 

The proposal to create an SSD dates to the rezonings for these projects in 2015. As the projects develop, they will have significant impacts on the surrounding road network. Both projects included commitments to transportation infrastructure and cash contributions to the County to help offset the traffic impacts. The applicants also indicated they were amenable to being part of an SSD to contribute to transportation improvements in the area, with a focus on inclusion of commercial and not residential.

 

Mixed Use zoning allows for a wide range of commercial and residential uses. While GDPs for the projects show proposed development patterns, the proffers for both projects allow for the relocation of uses to other land bays than what is shown on the GDP. Due to this flexibility and the lack of any platted single-family residential tracts or parcels, the SSD includes all of the land within the development. The proposed approach to excluding future single-family residential development is to amend the boundary of the SSD as the residential sections are platted. This will require the approval of the Board of Supervisors after a public hearing for each amendment. The number of amendments will depend upon the number and timing of the developers' platting of residential parcels.

Financial Impact:
The attached scenario analysis shows the estimated annual revenue for each $0.01 in special tax and the estimated cumulative revenue of a special tax rate of $0.30. After 10 years, the special tax is expected to generate $5M and after 20 years, the special tax is expected to generate $23M. The estimates are based on the commercial use assumptions in the Fiscal Impact Analysis reports provided by the applicants during the rezoning process and assumes commercial construction build out equally over 10 years beginning in year 5 of the development.
Staff Contacts:
Wanda Parrish, Director of Planning
Legal Counsel:
Susan Cooke, Deputy County Attorney
Consequence of Denial/Inaction:
A Special Service District will not be established.
ATTACHMENTS:
File NameDescriptionType
SSD_Presentation_BOS.pptxPresentationPresentation
Draft_Ordinance_JVAC_SSD_-_BOS_Hearing_20180911.pdfDraft OrdinanceOrdinance
Map_Exhibit.pdfMap ExhibitBackup Material
Scenario_Analysis_-_Jackson_Village__Alexander_s_Crossing.pdfTax revenue scenarioBackup Material
Jackson_Village_Approved_Proffers.pdfJackson Village ProffersAgreement
Jackson_Village_Approved_GDP_reduced.pdfJackson Village GDPBackup Material
Alexander_s_Crossing_Approved_Proffers.pdfAlexander's Crossing ProffersAgreement
Alexander_s_Crossing_GDP.pdfAlexander's Crossing GDPBackup Material
SSD_Ad_Final.docxAdBackup Material