Jackson approves 60-unit development
Deal still needs to be signed; construction to start in spring

By AMANDA VOSS - Daily News

Nov. 20, 2014

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 signed.

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.