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Council approves Cascade annexation agreement for large mixed-use project adjacent to Verona
Summary
Council approved an annexation and development agreement requiring the developer to install public infrastructure and secure performance with a letter of credit; the project includes nearly 500 multifamily units and substantial commercial space.
The Verona Common Council voted to approve an annexation and development agreement for a large mixed-use project along County Highway M, to be constructed by the developer identified in the meeting packet.
City staff said the development is proposed on land adjacent to West Madison Bible Church and will require extensive public improvements. The agreement requires the developer to construct and pay for public sanitary sewer, storm sewer, water, streets, sidewalks, stormwater management, utilities and street trees; construct a public…
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