Granville Community Calendar

Council Minutes September 26, 1984

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SPECIAL COUNCIL MEETING
VILLAGE OF GRANVILLE
SEPTEMBER 26, 1984
CALL TO ORDER
Mayor Gallant called the meeting to order at 6: 30 p.m..
Vice Mayor Davison moved that members go into Executive Session for interviewing the purpose of prospective candidates to fill-a Council vacancy created by the resigna- tion of Louise S. Miller. Motion seconded by Councilmember Schnaidt. Motion
carried.
Councilmember Rader moved that members return to regular open session. Motion seconded by Councilmember Avery. Motion carried.
Vice Mayor Davison moved to appoint Howard M. Garrett to fill the unexpired term of Louise S. Miller ending December 1, 1985. Motion seconded by Councilmember Schnaidt. Motion carried. This motion will be put into resolution form and assigned a number. (Please see Resolution No. 84-53)
Mr. Garrett was congratulated by Mayor Gallant.
OATH OF OFFICE
Robert N. Drake, Village Law Director, administered the oath of office and Mr. Garrett was sworn in.
On behalf of Village Council a letter will be sent to each of the candidates inter- Cvieowuendcil.this evening thanking them for their willingness to serve as a member of
ROLL CALL
Responding to roll call were:
Councilmember Rader
Councilmember Schnaidt
Councilmember Avery
Councilmember Garrett
Vice Mayor -
Mayor
Law Director -
Manager
Davison
Gallant
Drake
Plunkett
Councilmember Schnaidt moved to excuse absentee member Eisenberg. Motion seconded by Councilmember Rader. Motion carried.
PUBLIC HEARINGS
McClain-Parr Re-zoning Request and Development Plan "Parnassus Village".
A public hearing was held at this time on the Development Commission' s recommenda- DtioevnelotopmCenotuncil with regard to the McClainP- arr Rez-oning Request and proposed Plan "Parnassus Village".
Manager Plunkett first explained that the Zoning Ordinance dictates that two . '. publ ic hearings are required on the above referenced project: one,o.n the re-zoning and development plan as recommended by the Granville Development Commission and two, .a public hearing on the legislation amending the zoning ordinance and accom- panying map and, approval of a development plan for that zoning. Manaaer Plunkett
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Special Council Meeting Minutes
Village of Granville
September 26, 1984
Page 2 of 3
said both hearings can be held at the same time if review procedures have been
met as outlined in the Granville Zoning Ordinance.
Mayor Gallant at this time acknowledged the presence of Mr. McClain and Mr. Parr
who were present this evening to answer any questions Council or Citizens might have.*
Mr. McClain was first to speak, and stated that no changes have been the made to Parnassus Village Plans. In addition to the colored renderings of the pro- posed project, Mr. McClain brought working plans for everyone to review.
Mr. McClain said the entrance to the proposed project will be from Newark Road.
Streets in the- project will be built according to Village specifications but,
they will be private. The condominiums will be built one by one as they are sold. The tennis court will be lighted, if its built. He said at this time they do not plan on building the tennis court but, the Development Plan is being submitted with the option of one tennis court. One of the tennis courts has been been
eliminated from the plan because of the storm sewers and the closeness to the
Hugh' s property. Mr. McClain reviewed the working plans with all those present. During a question and ahswer session, Mr. McClain was asked what would keep the Parnassus Village Condominium owner' s from coming back and asking the Village to maintain their streets.
Mr. McClain responded and said as president of the Parnassus Village Condo- minium Association, they (McClainP- arr Companyw),ill fully maintain·the-- sewers, storm sewers, water lines, and lift station for one year then, it will
be turned over to the Village. As to the rest of the projectt,h:e Condominium Association (property owners), will be responsible.
Another question asked of Mr. McClain was what will be done to protect the hillside from erosion?
Mr. McClain said retaining walls will be built and four inch tile underdrains will be installed. Storm sewer water will go into Clear Run. Mr. Tim Hughes requested that lighting for the tennis court be limited to 10:00 p.m.,if it is built.
Mr. McClain assured Mr. Hughes that the Development Plan specifies this re- quest. In addition to this, Mr. McClain said they are planning to install a lot of trees between the Hugh'·s property and Mr. Kents property, creating a green barrier. Trees will be planted in a staggered position fifteen feet apart. He said if possible, they will plant 18 foot white pines. Finally, he said they will try to save as=many}trees. as: possible.o-n- th6 hill but, for a while- it' s going to look skinned.
Manager Plunkett at this time directed Council' s attention to their copy of the proposed covenants he recently drafted for the Parnassus Village project. Mr. Plunkett reviewed highlights of the proposed covenants. The McClain- Parr Company were in agreement with the proposed covenants.
Herman Counts, Student Intern, working with the Village Manager and other Village Departments, reviewed a Fiscal Impact Study he had made on the Parnassus Village Condominiums. This Fiscal Impact Study can be reviewed at the Village Office. Mr. Counts was commended for the fine job he did on the Fiscal Impact Study.
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Special Council Meeting Minutes
Village of Granville
September 26, 1984
Page 3 of 3
With no further comments, questions or concerns offered, Council continued the
public hearing with the next item on the agenda.
Ordinance No. 27-84 -An Ordinance Amending The Granville Zoning Ordinance And
Accompanying Map Thereto Known As Ordinance No. 16-76, Passed February 2, 1977,
As Amended By Ordinance No. 26-83, Passed October 5, 1983, By Changing The Zoning District For A Portion Of A Parcel Of Land At 530 Newark Road Described
Herein, From Suburban Residential District "A" ( SRD- A) ,To Planned Unit District
PUD), And To Approve The Development Plan For Parnassus Village.
No additional comments, questions this hearing. Public hearing closeodr concerns were made by citizens attending at 8: 15 p.m..
OLD BUSINESS
Ordinance No. 278- 4, A"n Ordinance Amending The Granville Zoning Ordinance And Accompanying Map Thereto Known As Ordinance No. 167-6, Passed February 2, 1977, As Amended By Ordinance No. 268-3, Passed October 5, 1983, By Changing The Zon- ing District For A Portion Of A Parcel Of Land At 530 Neward Road Described
Herein, From Suburban Residential District "A" S(RDA- )T,o Planned Unit District PUD), And To Approve The Development Plan For Parnassus Village.". Councilmember Schnaidt moved for adoption of Ordinance No. 27-84, with Exhibit B" the Parnassus Village Condominium Subdivision Covenant. Motion seconded by Councilmember Avery. Roll'call vote: Schnaidty-es, Averyy-es, Radery-es, Garretty-es, Davisony-es, Gallanty-es, Eisenberga-bsent. Six yes votes, one member absent. Motion carried. Ordinance No. 278- 4, and covenant duly adopted. Exhibit A, for Ordinance No. 27-84 is the Development Plan Parnassus Village]
NEW BUSINESS
Ordinance No. 308- 4, A"n Ordinance Amending The Granville Zoning Ordinance And Accompanying Map Thereto Known As Ordinance No. 167-6, Passed February 2, 1977, As Amended, By Changing The Classification Of The Zoning District For A Certain Parcel Of Land Described Herein And Located At The Southeast Corner Of The Intersection Of East Broadway And South Pearl Streets, From Village Residential District (VRD)T,o Village Business District (VBDw)a"s, introduced and title read in its entirety by Councilmember Avery.
The Formal Public Hearing for this Ordinance was scheduled for October 17, 1984, at 7: 30 p.m..
MEETING ANNOUNCEMENTS
Regular Council Meeting -October 3, 1984, 7:30 p.m..
With no further business to discuss, a motion to adjourn was made by Council- member Rader, seconded by Councilmember Avery. prion carried.
Meeting adjourned at 8:18 p.m.. 11'40#4 st: C Mayor 1
Clerk of Council
I SOLEMNLY SWEAR (OR AFFIRM) THAT I WILL SUPPORT THE CONSTITUTION
OF THE UNITED STATES AND THAT OF THE STATE OF OHIO AND WILL OBEY
THE LAWS THEREOF, AND THAT I WILL. IN ALL RESPECTS, UPHOLD AND ENFORCE
THE PROVISIONS OF THE CHARTER AND ORDINANCES OF THIS MUNICIPALITY,
AND· WILL FAITHFULLY DISCHARGE THE DUTIES OF COUNCILMFMRFR
UPON WHICH I AM ABOUT TO ENTER".
a
SIGNED
SWORN TO BEFORE ME AND SUBSCRIBED BEFORE ME THIS 626*DAY OF
Kept.MAADer A.D., 195*
Robert N. Drake, Village Law Director
OATH OF OFFICE
VCOVENANT
BY AND BETWEEN
THE VILLAGE OF GRANVILLE, OHIO
AND
THE McCLAIN-PARR CONSTRUCTION CO.
AS IT RELATES TO
PARNASSUS VILLAGE
The following commitments are hereby made a part of the Development Plan for
Parnassus Village and are to be taken as covenants, part of the plan and considered
to be binding, as a part of the zoning, on the applicants, the Village,
and all heirs, successors and assigns, of both parties, so long as that zoning
exists on the said property and/ or until said plan is modified by the Village of
Granville.
1. McClain-Parr Construction Co.,shall be responsible for installing a water
distribution system extending from the existing Village six (6) inch 'line' at
the juncture of College and Broadway Streets, to the north side of Broadway,
then easterly in a twelve (12) inch line to the entranceway to Parnassus Village,
thence southerly in an eight (8) inch line approximately three hundred and sixty
360) feet, then westerly to Parnassus Drive, then south to an existing hydrant
at the juncture of Old Orchard Drive and Parnassus Drive. This layout is as
described in the plans attached hereto. As a quid pro quo for this improvement
to Granville' s water system, the Village of',Granville hereby waives all rights to
the water capacity fees it would normally charge for the ten housing units to be
built within this project. The value of those capacity fees is $5,000.00. The
entire water distribution system as proposed is to be built and paid for by the
Developer. I .
2. Sewage Collection System -The Developer shall be responsible for installation
of the sewage collection system for the project, including the installation
of a lift station to be located at the entry road and Newark- Granville Roadi
Appropriate capacity fees for sewer shall be paid by the Developer.
3. Storm Sewer -The Developer shall be responsible for the installation of an
appropriate storm drainage system, with its effluent to drain into Clear Run in
accordance with good engineering practice.
4. The Ohio Environmental Protection Agency shall have approval authority re- garding sewage, water, and storm sewer system design in accordance with state
statutes.
5. Fees -The Developer shall be responsible for payment to the Village of Granvil e of the appropriate capacity fees for sewer and building permits. The
Village of Granville hereby waives the right to the collection of water capacity
fees in exchange for the improvement to its water distribution system.
6. Inspection -The Developer shall be responsible for payment of the Village' Engineer for inspection of the utilities, s roads, and housing. Inspection shall be conducted by the Village' s Engineer on a weekly basis, with supplemental in- spections to be provided on an as needed basis, as determined by the Village Zoning Inspector.
Parnassus Village Covenants Continued
Page 2 of 2
7. Construction Phasing -The Developer shall be responsible for the installation
of the water distribution facilities (and completion thereof)p,rior to the
occupancy of any of the housing units in the project. The sewage collection
system may be built in phases according to the Developer' s Schedule, so that no
units are occupied prior to that unit' s connection to a functioning sewage line
which shall enter the existing Village sewer system at the manhole immediately
west of the Union 76. Station in Broadway. Roads within the subdivision, since
they are privately owned, shall be installed at the Developer' s discretion and
according to his schedule. Storm sewer facilities shall be complete as designed
within one year of the start of construction of the project.
8. Construction Bond -The Developer will furnish to the Village of Granville
either a Construction Bond or Letter of Credit acceptable to the Village Law
Director in an amount equal to the estimated cost of the sewer, water and storm
sewer systems as determined by the Village Engineer. The bond or letter of credit
will be returned to the Developer one year after the completion of construction
of these facilities.
9. Village Acceptance -The Village of Granville will not accept ownership of the:
sewer collection, water distribution, or storm sewer collection and disposal
systems until one year has elapsed from the completion of each of these systems,
and certification by the Village' s Engineer that all facilities are in good working condition.
VILLAGE OF GRANVILLE, OHIO
BY:
DATED:
FOR THE DEVELOPER
BY:
DATED:
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PARNASSUS VILLAGE
CONDOMINIUMS
FISCAL IMPACT STUDY FOR THE
VILLAGE OF GRANVILLE
Submitted by:
Herman L Counts III
Village Intern
Village Offices
Granville, Ohio
September 25, 1984
Kaq'd
c O fh 7
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ABSTRACT
This report will attempt to shed some light on the fiscal impact
which may impinge on the Village of Granville should the Parnassus
Village Condominiums be constructed. This study will seek to identify
and estimate the impact of the proposed development on Village expenditures,
revenues, and overall enviroment.
The report should give the people of Granville a better idea of how
directly and indirectly they will be affected by the proposed project.
INTRODUCTION
Project
Mr. Jerry McClain and Larry Parr proposed that the Granville Village
Council approve the Granville Development Commission's recommendation.
The recommendation is to rezone the proposed area from SRDA- to PUD
and approved the project as submitted.
The preject proposes the construction of 5-two unit condominiums set on
the east hillside of Mt. Parnassus. The total number of units is 10,
proposing to occupy 6.4455 acres. Each unit will be built as it is
boughto
The natural boundries are as follows: to the west, Parnassus Drive; to the
east, Tim Hughes' (630 Newark-Granville), Paul Kent's (500 Newark-Granville)
property lines, and Hill Rd.;to the south exactly 352.98 ft. from Newark-
Granville Rd. The plan also calls for a tennis court, numerous scenic
walkways, and 16 parking spaces.
The entire project when completed will be apart of a condominium association
with everything being privately maintained except water and sewer. The
number of bedrooms per unit is not yet identified. The total dimensions
of the project will be 352. 98 ft. wide and 875.57 ft. long making the 1
total square footage of * he area 7.5 acres.
Note: 1
Rate of Footage 352.98 x 875.57=309,058.69 ft.-7.5 acres
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The Village
Granville is currently a small (1980 population 4,045 U.S. Census) college
residential community. The business district located in the center of the
Village and occupying approximately 2%2 (6.5) of the total Village area.
The Village has grown in area since the 1980 census due to annexations to
the north (Hilengreen and New Burg St.a)nd to the east (NewarkG- ranville).
The increase has gone from 1250 acres to 1570 acres.
The 1980 census shows a 2.1%increase over 1970. Since, 1980 however the
Village will grow even more with the annexation of Newark- Granville Rd.
and Hilengreen. Newark- Granville Rd. has approximately 46 people and when
completed,Hilengreen will have approximately 263 people. This will bring
the population of the Village to 4,354.
The Village is dominated in both population and land use by Denison Universi
tyo Denison University is a small liberal arts college with a student population
of 2100 students. The Universij,owns 361 acres in the Village 2(3.%of the
Village)o
To try and make this report as accurate as possible assumptions about future
rates of inflation, building cost, and generated revenues must be made.
This examination of expenditures and revenues assumes that housing units are
occuppied by 2 persons per unit. The developer calls this assumption principle
the e"mptyn-esters assumptioEnm".p"tyn-esters"assumes that with the high price of
the condominiums (250,000-300,000) the occupants will be elderly,retired, and
their children would have already left the "nest". The amount of people would
be 20 to 25 persons.
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VILLAGE EXPENDITURS
The funds which will be affected by increased development and population
increases are:
General Fund
Water
Waste Water
State Highway Improvements.
General Fund
1984 expenditures level) times (rate of average annual expenditure Increase)
times(percentage population growth expected) with and without Parnassus
Village Condominiums.
Expenditures 1984-597,670
average annual expenditure increase- 1.174%
Population growth
a.)1980 Census
b.)Annexation Hilemgreen &Newark-Granville Rd
Total present Population
Parnassus Village Expected Population Growth-Maximuma.)
%of population growth expected-
4,045
313
4,353
25
1.006%
With Parnassus Village5:$97,670 x 1.174x 1.006=705,874.56
Without Parnassus Village: $597,670 x 1.174=701,664.58
Total expense to the Village fionfi the'General Fund wpuld be $ 4,209.98.
Wte*r-. Fund -Distribution
1984 production expenditure level) times (percent demand increase) times
average annual expenditures).
With Parnassus Village3:$91, 435 x 1.022 x 1.058 - 4 2$6,493·09
Without Parnassus Village: $ 391.435 x 1.058, $ 414,138.22
The total expense to the Village would be$12,354.87•
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Water Fund-Production
1984 production expenditures level) times (percent demand increase) times
average annual expenditure increase)
With Parnassus Village: $ 380,000 x 1.022 x 1.058=410,884. 88
Without Parnassus Village :3 $80,000 x 1.058=4 0$2,040.00
The total expense to the Village would be$8,844.88.
Waste Water Fund
1984 expenditures level) times (percent of demand increase) times (average
annual expenditure increase, based on 1984.
With Parnassus Village: $ 120,226 x 1.022 x 1.035- $127,171
Without Parnassus Village : 1$202,26 x 1.0351=2$4, 433.00
The total expense given to the Village will be $2,738.00
REVENUES
The major catagories of Granville Revenues are:
Taxes
User Fees
Intergovernmental Tranfers
In Granville, revenues are classified as follows:
General Fund
Property Taxes
Income Taxes
Personal Property Taxes
Local Government Fund
Local Sales Tax
Permits and Fees
Fines and Cost
Inheritance Tax
Miscellaneous Income
Administrative Reinbursements
Water Workd Bond
Property Rental
Special Assessment Fund
Street Fund
Water Fund
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Revenue Sharing
TAXES
Property Taxes
The current property tax rate in Granville Village is $52.90 per $1000 of
assessed value. The current rate of assessment is approximately 35%.
The values of the units proposed for Parnassus Village as stated by Mr. Parr
and Mr. McClain are:
Condominiums:2 $50,000-3 0$0,000
The property tax revenue to be receieved by Granville from the development using the
county auditors property tax formula is as follows:
Village property Tax=A s(sessed Value)x 35%c u(rrent rate of Assessment) x
00027 ( %of average miles added to the Village with the project) - 12.5%
discount of ownership) x 10 (Number of units-Village receipts.
Condominiums Average Value2=8$00, 00.00
280,000.00 x .35 x .0027-12.5%x 10=2$,316.00
Income Taxes
The current income tax rate in Granville Village is 1%.Receipts (as shown in
table 2) are increasing at approximately 4.5%per yearo Marur Granville residents
pay no income taxes to the Village. The reason that many residents don't pay
taxes is because many work in other municipalities.
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Parnassus Village residents in order to live confortably, would need to at
least$100,000.00 a year. Most of the people residing there however are
expected to be retired or semi- retired. It is estimated that only 20%of
the new residents will work in Granville.
A. Average Salary being1=0$0,000.00
B. Village Income Tax-1%x $100,000.00=1000.00
C. %of estimated Working Residents in Granville (20%x)Population Increase=5
D. Village Income Tax (1 $000.00) x %of population b(eing taxed 5)=50 0$0.00
Local Sales Tax
Parnassus Village will generate more retail shopping in Gramrille shops and
stores. More people and more dollars simply means more buying power, more
sales, and more sales. Which- in turn means more revenues for the Village.
USER FEES
Water
Rates are charged to customers to cover the operation and maintenance of the Water
Department. There are four classes of customers who are:
1. Village-Denison University @1 .8$510/00 gallons 2. Township 2.2910/00 gallons
3. OwensC-orning preceeding years production codt 4. Alexandria 11
The increase in water revenues attributable to Parnassus Village, based
upon the increase of consumption of 29,000 gallons per day at$1.8510/00
is $19,582.29 per year.
290,00 gallons x 365 x $1.851/000 =1,058,500 x .00185 1=9$5, 82.25
Waste Water
The current rate is $3.5810/00 gallons. With sewage flows indicated in
the Parnassus Village proposal, additional sewer revenues should be:
290,00 gallons per day x 365 x $3.5810/00=1,0586-5000x 0. 03583=7$,894.30
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Intergovernmental Transfers
Revenue Sharing
This fund will not be a factor in Revenue sharing because the population
increase is not sustantial enough.
Local Gove rnment
This also would not be affected by the new development.
Police
SERVICES
The Village has a six member police force. The parnassus Village Development
should not cause a change in the current force. There is 1.48 officers per
1000 people and as far as the Village is concerned their service is more than
affective.
Fire
Granville has a volunteer fire department. The department has 45 active volunteers
and employs three full time paid firefighters. There are 26 qualified EMT' s
and 12 of these are qualified paramedics.
The department has a 85 ft. ladder truch,two 1200 GPm and one 750 GPm
pumper trucks, an all-purpose emergency vehicle, two emergency squad
vehicles, and a grass free fire vehicle.
The hydrant specifica tions have been discussed with the developers and
they are aware of the PSI ratings they must reach.
The amount of fire equipment and manpower is more than sufficient to service
Parnassus Village.
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Service Department
This unit is staffed with a Director, Foreman, and four workers.
They are responsible for road, sewer, water, and service operations
rubbish removal, sign replacement, snow removal,ect.T.he.)on.ly
additional help that the department receives is Public Welfar Workers
from the Licking County Welfar Bureau. These workers are paid by the
Welfar agency and not the Village. It is already undermaned. However,
the roads will be maintained by the Condominium Association and the
only use of the service department will be in water and sewer problems.
It is going to be appropriated for 1984- 85 to add an additional worker.
The parnassus Village would simply justify this need even more.
Water
UTILITIES
The current water production capacitf is ample to serve the projected
Parnassus Village population ( the demand estimated at 26,500- 29,000
gallons per day)A.ny additional mains required will be done at the developers
expense. The Village engineers C.F. Bird and Bull,Ltd. state that a booster
station is needed to service the area. It has been agreed upon by the developers
and the Village engineers to place this station on the golf coarse side of
NewarkG- ranville Rd.
The increase in demand for water will increase the production capacity but
this will also increase water rate revenues. The equal balance should not
change the Villages water production drastically. The projected increase
will be less than 5%.
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Sanitary Sewers
The Parnassus Village Condominiums Development would be served b*the
E. College and E. Broadway street trunk line. That line is currently
of major concern. It is not uncommon for the sewers in the E.College
Sto area to back up raw sewage into homes serviced by that line.
An alternative sewage system may have to be sought unless the current
problems are brought under control.
Storm Sewers
The projected storm sewers will be placed underground. Since there is a
great deal of run off from Mt. Parnassus catch basins will have to be
installed at the Developers expense. This means that there shouldn' t
be arv storm sewer expense that the Village will have consume:
Newark- GranvilleRd.
Newark-Granville Rd.has been a problem in Uranville for sometime.
Much of this problem in accidents has been a result of the confusing
E. Broadway and E. College intersections. The Village has tried to amend this
problem by remarking the lines on the road and by placing no parking signs
on the Mt. Parnassus side of E. Broadway. This has maintained any major
problems temporally, but the threat still exist.
With the creation of this new development the village expects a increase of
cars in this area to be between 20 and 35. This is a substantial increase
that could make a current problem worst.
The Developers have presented a traffic study showing that the speed limit
35 miles per hour) is more than sufficient to handle 20 to 30 cars in
9 1
1 a 15 minute interval traveling between 530 Newark-Granville Rd. and the
Union 76 service station. The actual jeopardy of traffic >flow will not
be seen until the development is completed. To say that the development
would cause a greater traffic problem on NewarkG- ranville Road, is
arbitrary and unfair.
SCHOOLS
Expenditures
The impact upon Granville Exempted School District for the proposed development
is minimal
The increase in school age children will be minimal to none. With the
cost projected at $250,000 to $300,000 people buying these units will
have a income of at least'$100,000.00 and up. Usually, people in this
range are retired or plder. This means most kids will be grown or in
college. However, the village beleives that there will be between 5-10
possible new students attending the Village Schools.
Superintendent James W,Hoebel informed us of the capacity of each school
with present staff and equipment:
Elementary School -
Middle School
High School
Totals
650
46o
540
School Capacity
1650
1983- 84
Average
520
290
440
1250
1984- 85
Average
444
310
454
1208
As one can see enrollment will not be a major factor with the addition
of Parnassus Village. The only school that might increase is the high
shool, the other two should not be affected.
1D
I As one can see enrollment will not be a major factor with the addition of
Parnassus Village. The only school that might in the slightest bit change is
the high school.
Revenues for Schools
The major local source of the school districts revenues is real estate tax
revenues. This source generated 70%of total tax revenues.
Assuming the average formula devised by the county auditor
Average market value/ unit x 35%assessment ratio x mileage rate per
1000 valuation x number of units) -12.5%discount for owner occupation
x foregoing value=school district receipts.
280,000 x .35 x 52. 90 x 10 - 1(2.5%x 280,000) 5=1$,807. 00
The Granville Village Schools would gain an additional $51,807.00 due to the
development.
The development will cause little to no expense due to the fact that few students will
attend. However, enormous revenue will be generated to the schools, this can be
seen as an invisible plus for the Village.
11
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I Summary
The Village of Granville will be affected by the McClain and Parr Parnassus
Village Condominium Development. It will increase revenues in the Village by
35,000. Also, it will increase the population and buying power in the community.
The project will affect the Granville Schools little if at all in expenditures
and enrollment. However because of high real estate taxes the project will
contribute considerably to the schools revenues ( 0$51,807.0 additional school
receipts.
The only problems that may occurr with the development is the traffic on
Newark-Granville Rd. and possible sewer problems on E.College St. These problems
will only be determined after the development is built.
The increase in revenues, population, consumer spending power, and added
community development far out numbers the two possible problems four to two.
12 1

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