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Board of Commissioners Work Session

Town of Wake Forest · Board of Commissioners Work Session
Tuesday, October 1, 2024 at 5:59 pm

Work session RezoningStormwater and floodingBonds and debtBudget and appropriationsLand conversion and large developmentTax rate and revaluation

Agenda document Full packet Watch

What's on this agenda

Two rezoning cases head to the Board of Commissioners for a first look before they reach a public hearing at the regular meeting. One would rezone 5.61 acres at 418 Jones Dairy Road from Light Industrial and Rural Holding to Neighborhood Business Conditional District for TMTLA Associates. The other would rezone 11.16 acres at 10012 Capital Boulevard and three Burlington Mills Road lots from Highway Business and General Residential to Highway Business Conditional District for a Hyundai dealership. The Planning Board recommended approval of both, 7-0.

The board also gets its August financial report. The general fund has collected $4.2 million of a $86.9 million revenue budget, 4.85%, and spent $9.9 million against it, with most of the year's property tax revenue not due until September 1. The rest of the agenda reviews the draft agenda for the next regular meeting.

Summarized from the published agenda. Read the agenda itself before acting on it.

Speaking at this meeting

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Agenda items (7)

Procedural · 3Presentation · 2Proclamation or recognition · 1Staff or committee report · 1
  1. 1.1 Presentation of LEGISLATIVE CASE RZ-23-11, 418 Jones Dairy Road
    Presentation Land conversion and large developmentRezoningStormwater and flooding
    TMTLA Associates wants to rezone 5.61 acres at 418 Jones Dairy Road from Light Industrial and Rural Holding District to Neighborhood Business Conditional District. The Planning Board voted 7-0 on September 10 to recommend approval. Since that vote, the applicant added conditions for four EV charging spaces, a 25-year, 24-hour stormwater standard, and closing hours of 10 p.m. Sunday through Thursday and 11 p.m. Friday and Saturday for commercial and entertainment uses.
  2. 1.2 Proclamation Recognizing October 2024 as "Community Planning Month"
    Proclamation or recognition
    A proclamation marking October 2024 as Community Planning Month.
  3. 1.3 Presentation on LEGISLATIVE CASE RZ-23-12, Hyundai Automotive Dealership
    Presentation RezoningStormwater and flooding
    A conditional district rezoning for a Hyundai dealership would rezone 11.16 acres at 10012 Capital Boulevard and 2517, 2601 and 2605 Burlington Mills Road from Highway Business and General Residential to Highway Business Conditional District. The Planning Board voted 7-0 on September 10 to recommend approval and suggested the applicant consider a higher stormwater treatment standard than the current code requires. The applicant has made no changes to the plan since that vote.
  4. 2.1 August Monthly Financial Summaries
    Staff or committee report Bonds and debtBudget and appropriationsTax rate and revaluation
    Through August 31, the general fund had collected $4,217,717 of its $86,925,500 revenue budget, 4.85%, and spent $9,905,625 including encumbrances, 16.77% of budget. Staff noted the shortfall is normal this early in the fiscal year: ad valorem taxes, more than half of general fund revenue, are not due until September 1 and mostly arrive by early January. The general fund shows a net loss of $5,687,908 for the month, and the debt service fund a net loss of $467,222.
  5. 3.1 Review of Draft Agenda for Upcoming Regular Meeting
    Procedural
    The board reviews the draft agenda for its next regular meeting.
  6. 5 Commissioner Reports
    Procedural
  7. 6 Adjournment
    Procedural

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