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6. Complete Legal Description of Property Involved: According to Certificate of Title No. 225350, that part of the East 660 feet of the North Half of the Northeast Quarter of the Northeast Quarter of Section 15, Township 29, Range 23, lying North of the South 30 feet thereof, according to the U.S. Government Survey thereof; subject to easements of record. See Exhibit A. 10. What plan or change makes this request necessary? The applicant is requesting that the Comprehensive Land Use Plan be amended and the existing school property be rezoned in accordance with the attached preliminary plat to allow for adaptive reuse of the existing school building and new development of the remaining vacant land for commercial purp,.�sas. The commercial use of this property is very compatible with the adjacent commercial properties along County Rd. B and Lexington Ave. and would enhance their business potential while creating additional tax base for the city. The existing school building could be easily converted into an antique shopping mall facility with classrooms used for dealer display and sales areas. The vacant land at the S.E. corner of the property could be'de'- veloped into a compatible mixed use building containing an auction house and associated office space. Retaining the S.W. corner of the property for use as a city park would provide a buffer to the residential area and be a valuable asset to the total park system for the community that was envisioned in the Comprehensive Land Use Plan. 11. What is the expected effect of the proposed change? (For example, on property values, health, safety, parking, traffic conditions, etc.) It is anticipated that the adjacent properties would increase in value as a result of the proposed development. There would be no adverse affect on the health and safety of the public, area residents or property users because all codes and ordinances will be met. Adequate parking will be provided for all commercial users. Traffic conditions will actually improve because parking will be contained on the site and the heavy bus traffic that accompanies the present school use will be eliminated. Also access will be controlled to only one curb cut along the Lexington Avenue side and no business traffic will occur on Eldridge Avenue as a result of the proposed development. Beautifully landscaped buffer areas and removal of delapitated existing structures will enhance the visual impact from the residential neighborhood.