During a recent government meeting, LaSalle resident Lawrence Burkhard expressed significant concerns regarding the zoning changes affecting his property, which is set to transition to community commercial status. Burkhard highlighted that this change would lead to increased insurance rates and necessitate a new commercial loan, which he fears will be unaffordable.
Burkhard explained that his insurance company has already indicated that rates will rise due to the zoning change, and his loan provider has informed him that he must negotiate a new loan to accommodate the commercial designation. He noted that the tax implications of the change would also be detrimental, as commercial properties are taxed at a higher rate than residential ones.
The resident pointed out that the zoning adjustments have affected only part of the Williams subdivision, leaving some homes in a residential zone while others, including his, are being converted to commercial. Burkhard expressed concern that the financial burden from these changes could force him to sell his home, which he believes would also be unaffordable for potential buyers.
In closing, Burkhard urged local officials to reconsider the zoning designation for his property, advocating for its retention as residential to avoid the financial hardships he anticipates.