CADILLAC — At their meetings on Monday, the Clam Lake and Haring township boards voted to end the Cadillac Junction Act 425 agreement between them.
These votes were part of a settlement agreement the townships and the city of Cadillac made after much debate and many meetings over the transfer of land including TeriDee and Cadillac Investment properties.
Through the agreement, the TeriDee and Cadillac Investment properties, 750 acres total, will be conditionally transferred to the city by contract for a minimum period of 50 years, but up to 100 years because the agreement provides for up to one term of renewal.
At its meeting at 3 p.m., the Clam Lake Township board voted unanimously to end its Act 425 agreement with Haring Township. It also voted to approve an Act 425 agreement with the city of Cadillac, with only trustee Bill Benson voting against it.
At Haring Township’s meeting later in the day, only township clerk Kirk Soule voted against dissolving the Act 425 agreement with Clam Lake Township.
During Clam Lake Township’s meeting, township resident Jim Kunisch asked about the additional land with the agreement.
He moved to the township less than two years ago and his understanding was the parties involved in the litigation had been squabbling over land around the gas station on the Cadillac Junction property for around 10 years, he said.
He asked why the transfer was being greenlit now after over 700 acres was added to the deal.
Township supervisor Steve Kitler said the land was a condition of the settlement from the city.
He said he couldn’t go through all parts of the township’s “weakness in the litigation‘ and what was going on, but essentially they had to make a choice to either continue to litigate or settle with that property included.
Kunisch said he felt confused and pretty upset after the vote. It seemed like there was a lot going on without much regard for the residents, he said.
He didn’t understand why Kitler wouldn’t say why they settled and there didn’t seem to be a whole lot of transparency with the situation, he said.
Cadillac Junction is a 142-acre parcel located off M-55 near the U.S. 131 interchange.
The property currently is home to a Mobil gas station and Tim Hortons Cafe and Bake Shop, with plans for several big box stores, a residential complex and more.
According to the Act 425 Property Transfer Report, the 2018 total assessed value of the property is currently approximately $2,098,700, with Cadillac Junction valued at $1,683,900 and Cadillac Investment valued at $414,800.
It is expected that the assessed value of the property as a whole will substantially increase once the property is fully developed, according to the report.
The proposed Cadillac Junction phase of the economic development project includes 120 apartment units, 100 senior living units and 20 independent senior living units.
The anticipated residential density is four to five units per acre, which will increase the population in the area from unpopulated to moderately populated, housing approximately 310 people, according to the report.
The full build-out of the Cadillac Junction phase of the economic development project will be completed within 10 years and is imminently planned upon transfer of the property, according to the report.
The Cadillac Investments parcels are planned for additional mixed-use development and multiple-family and single-family residential development.
Expected population growth assumes 2.5 people per unit, three units per acre for the designated single family area, four units per acre for single family/multiple family areas and two units per acre for the mixed-use area, according to the report.
It is anticipated that full build-out of the Cadillac Investments parcels phase of the economic development project will occur within the next 15 to 20 years, if not sooner, according to the report.
The townships’ attorney Ron Redick said that development of the properties can legally begin probably sometime mid-August, 30 days after Cadillac hosts its public hearing on the Act 425 agreement with Clam Lake Township.
Cadillac City Council will hold its public hearing on the agreement during its meeting at 6 p.m. on July 15 in the Cadillac Municipal Complex Council Chambers.