‘Pond issues’ holding up subdivision approval
By Carrie Napoleon Post-Tribune correspondent February 11, 2013 9:36PM
Updated: March 13, 2013 6:20AM
CROWN POINT — A five-lot commercial subdivision received preliminary plat approval Monday from the Plan Commission.
However final approval will be contingent on a real estate agreement that will specifically outline who will be responsible for maintaining what will be a paved utility easement and a the retention pond required by code.
Commissioners said the agreement would be necessary to avoid issues concerning maintenance that may arise down the road.
“I don’t want the city getting stuck with pond issues,” commissioner Dan Rohaley said.
Jeff Ban with DVG Inc. said a buyer has expressed interest in the just over seven-acre parcel east of Madison Street and Arrowhead Court currently owned by ADK Properties. The purchase is contingent on approval of the proposed development.
At this time no firm tenants of the development have been secured.
Having the real estate agreement as part of the approved final plat will put on the record just to whom responsibility issues such as maintenance and insurance for the easements belongs, Rohaley said.
The development will share a retention pond with the Crown Village development, which is also owned by ADK. The agreement that will be created will be between ADK, the city and the new owners.