ZACHARY — The City Council agreed Tuesday to annex 413 acres of property on the west side of the city and to consider forming an economic development district for the proposed Americana commercial and residential development.
The property is off Mount Pleasant Road, west of Old Scenic Highway. The developers want the city to use some of the sales tax money generated in the development to fund infrastructure improvements.
The vote to annex the property was unanimous, but Councilman Dan Wallis voted against creating the economic development district, which would be governed by the council.
Councilmen Francis Nezianya, Brandon Noel, Tommy Womack and John Coghlan voted to consider the proposed ordinance creating the district.
The developers plan to offer property for a YMCA center and to include grocery stores, restaurants, a movie theater and other businesses in Americana.
Wallis said he is opposed to giving up 1 cent of the city’s sales taxes generated in the development to fund the infrastructure. The economic development district also is expected to levy a new, 1-cent sales tax in Americana.
The developers want the city to pay for a “roundabout,” or traffic circle, along with landscaping on Mount Pleasant Road, and provide water lines to the development.
An economic development study prepared for the developers by LSU professor James A. Richardson says Americana could increase household income in Zachary by $32.8 million after five years and increase city sales tax collections by $10 million in the same period.
The project is expected to be built in three five-year phases.