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Key Points, Cit.Input 3/14/94 KEY POINTS CITIZEN INPUT- 14 March Concem 1. TRAFFIC ON COPPELL ROAD School Times Rush Hour 2. BUFFER BETWEEN USES 1994 3. ADJACENT ZONING 3. a. Col fac b. Loc scr 4. DEVELOPMENT SEQUENCES - Apartments Come First 4. a. Fre to ~ b. Ind pa~ 5. IMPACT ON SCHOOLS Too Many Kids Cause Overcrowding Not Pay Their Way 5. a. Adj pal fror b. NC for MF NCH Response Mo/e MF frontage to proposed Fre sport Parkway Lirr it Coppell Road to only em .~rgency access for M F 50' "Green Belt" with wall along Col)pell Road Re~luce Coppell Road MF fror~tage by 60% 30' landscaped setback with wall bet~een Loch Lane SF )pell Road frontage only ng Commercial zoning h Lane SF uses now .~ened from warehouse uses. eport Parkway must be built ~ccess MF frontage Jstrial demand will trigger and to build Freeport Parkway acent single family homes for 40% of school children ~ SF use H total project (LI & MF) pay 146% of school children from use COPPELL SCHOOL IMPACT SINGLE FAMILY HOME: 1993 Taxes Paid to CISD Pupils = 1.281house Annual Cost to Educate = $$,000 Total Annual Cost (1.28 x $6,000) $162,000 assessed value $2,500 $6,400 % CoSt Paid: 40% NCH PROJECT: (LI & MF) Industrial Land: 102 Net Acres Industrial (~ $2.601SF Improvements: ~ 40% Coverage $1,777,248 SF ~ $36/SF = Subtotal Multi-Family Land: 28 Net Acres ~ $2.601SF = Improvements: (~ $680,0001Acre = Subtotal $11,107,000 62.204.000 $73,311,000 $3,049,2O0 $22,089,200 Total Assessed ValUe Estimated ClSD Taxes (~ $1.645/$100 = $96,400,200 $1,473,933 Apartments: Assume 18/Acre Net = 604 Pupils: Assume .40/unit = 202 Annual Cost to Educate Total Annual Cost -- $$,ooo -- $1,01~,000 % Cos~t Paid: 146% COPPELL SCHOOL II/IPACT Facts: 1. CICD Students Generated by Existing Apartme; Town Creek 192 units Town Lake 238 units Parks 160 units 2. Average Annual Operating & Maintenance Bud per pupil 3. Dwelling Unit Planning Factors Apartments Single Family 4. Appraised Values Single Family Plantation Street River Road Apartments Town Creek Town Lake Parks Industrial Land with Streets Improvements 5. Tax Rates Dallas County Coppell lSD Coppell City $0.467851: $1.54501 $0.689501: Bts (K-12 Grades) 48 94 115 let SS,0o0 pupils/unit pupils/unit $158,000 (avg) 127,000 $5,000,000 7,662,000 4,950,000 land & bldg land & bldg land & bldg $2.50/SF $30-$401SF 100 assessed value 100 assessed value 100 assessed value "/.'ti ~s OWNs- I_~K~ 75019 Phone, Pe~rm~ce~o~mcsM~agememCom~ny ~~