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Developer seeks annexation for 496-unit project; city staff detail required public improvements and funding responsibilities
Summary
City staff reviewed an annexation and development agreement for land along County Highway M that proposes 496 multifamily units and roughly 99,267 square feet of commercial space and summarized developer obligations for public improvements, timelines and cost shares for traffic signals.
City staff told the Verona City Council they are reviewing an annexation and development agreement that would allow construction of 496 multifamily units and about 99,267 square feet of commercial space along County Highway M.
The city staff member presenting the item said the annexation agreement, which the presenter said the common council previously approved in part on Feb. 13, 2023, requires the developer to complete public sanitary sewer, storm sewer, water, streets, sidewalks, stormwater management and other public…
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