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CITY OF CENTERVILLE <br /> PLANNING & ZONING COMMISSION <br /> FINDINGS & CONCLUSIONS <br /> Whereas, the Planning and Zoning Commission is tasked to fulfill the goals of the <br /> Centerville Comprehensive Plan. <br /> Whereas, that Comprehensive Plan guided certain industrial zoned areas to be <br /> repurposed for commercial uses. (Hereinafter, " repurposed area. ") <br /> Whereas, prior to the formation of that Comprehensive Plan, the City created a <br /> tax increment financing district (hereinafter, "TIF district ") which successfully attracted <br /> businesses to locate in the repurposed area. <br /> Whereas, the existing and conforming businesses in the repurposed area <br /> (hereinafter, "businesses ") desire to build upon their investments and goodwill. <br /> Whereas, on July ##, 2010, the Commission held a public hearing to discuss <br /> changes to the repurposed area and Chapter 156.030 of the Centerville Code. As a result <br /> of that hearing the Commission makes the following findings of fact. <br /> Rezoning the repurposed area from industrial use (I -1) to commercial use (B -1) is <br /> in keeping with the guidance set forth in the Comprehensive Plan. <br /> The City can recover the maximum benefit from the TIF district in the repurposed <br /> area by maintaining high property values and retaining viable businesses. In order to do <br /> so these businesses must remain and flourish in the repurposed area. <br /> Businesses are likely to remain and flourish in the repurposed area if they can <br /> continue their current industrial uses, and maximize their investments and goodwill. This <br /> includes creating opportunities for these businesses to expand and grow in the future. <br /> Allowing these businesses to continue in the new commercial zone with interim <br /> industrial uses balances the need for business opportunities and investment growth while <br /> allowing for future conversion of the repurposed area from industrial to commercial uses. <br /> Based on these findings, the Commission concludes and proposed the attached <br /> amendments to Chapter 156.030 of the Centerville Code. The Commissioner <br /> recommends that the City Council adopt these findings and amendments to Chapter <br /> 156.030. <br />