JACKSON - The Jackson Village
Board approved a development agreement for a 60-unit multi-family
residential development being proposed by Premier Real Estate
Management of Brookfield.
Village Clerk Deanna Boldrey said the agreement was approved 5-2 at
a special Village Board meeting on Tuesday night. Village Board
members Michael Kufahl and Brian Emmrich voted no.
After the meeting, Village President Wendy Kannenberg said the
agreement has been approved, but it needs to be signed. She said
some attachments need to be put in the agreement, then it will be
She said construction is slated to start in the spring.
According to a proposal by Premier Cranberry Creek, the Cranberry
Creek Estates Apartments will be west of Jackson Drive and south of
Main Street. The parcel has a total land area of about 8.3 acres.
The development will consist of five 12-unit, two-story structures,
which total 60 units. Each unit will have a private exterior
entrance, two bedrooms, 1.5 bath and a single-stall attached garage
with direct access to the living unit.
The units are about 1,100 square feet. Tenants will get an
additional exterior parking stall along with plenty of visitor
parking. Heat will be included in the rent. The rental rates will be
on a market rate basis. No subsidized or Section 8 housing contracts
will be executed for this development, according to the proposal.
The Village Board’s decision on the development agreement was
expected to be made Nov. 11 at its monthly meeting.
At last week’s meeting, Village Attorney John St. Peter said the
development agreement is well-drafted and consistent with pacts he’s
seen, but one business issue needed to be resolved.
“It’s a question of posting security for the sewer,” St. Peter said.
“As I understand it the village believes there are some expenses
that have to be incurred and protected.”
Administrator John Walther said the only issue he had was in the
letter of credit, which stated public improvements were not to
include the sanitary sewer.
“The letter of credit is to protect the village for the developers
failure to complete the public improvements,” St. Peter said. “Now
we have a dispute over what are public improvements. Our position is
public improvements do include some sewer work, so we need
protection in case they default to complete that sewer work.”
Attorney Joe Goldberger representing Premier Real Estate Management
said the sewer they are creating within the site is private and the
connections are to the public line.
Kannenberg asked if the agenda item should be moved to Tuesday’s
special Village Board meeting and it was.