08-11-2004 Council Agenda - Laserfiche WebLink

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This report is to be used in its entirety and only for the purpose for which it was rendered. • HISTORY OF OWNERSHIP /ASSESSMENTS/TAXES: The subject property has not transferred in the past five years. The current owner as indicated on the Attorneys Certificate of Title is the City of Little Canada. The subject property is under city ownership thus is tax exempt. LEGAL DESCRIPTION: The subject property is identified under two Property Identification Numbers: PID 06- 29 -22 -11 -0001: Lot "E" and Lot 18 through Lot 20, Nadeau Addition, subject to easements and roads. PID 06- 29 -22 -11 -0002: Section 6, Township 29, Range 22 except the south 566.67 feet; Part lying west of Highway 35E and South of Nadeau Addition of the Northeast Quarter of the Northeast Quarter (NE % NE %) (subject to roads). ZONING: The current zoning of the subject property is `P" Public /Semi - Public District. The definition of this 'strict is as follows: The purpose of the "P ". Public /Semi - Public District is to ensure City control over those lands now used publicly or semi- publicly, by establishing City review procedures in the event of change in land use or activity. Permitted uses under this zoning district are public regulated utility buildings, parks, public or semi- public recreational buildings, public and private educational institutions, religious institutions and cemeteries. There is no minimum lot size under this zoning. Required setbacks are, front yard 40 feet, side setback of 15 feet non residential and 30 feet residential and rear yard is 30 feet. The subject is improved with a Public Works garage and is in compliance with all zoning regulations. The zoning regulations are located in the addendum of this report. HIGHEST AND BEST USE: Highest and Best Use is defined in The Dictionary of Real Estate Appraisal - Second Edition: The reasonably probable and legal use of vacant land or an improved property; which is physically possible, appropriately supported, financially feasible, and that results in the highest value. The subject property is currently improved with a Public Works Garage along with outdoor storage in the north portion of the lot. The south portion of the lot is mostly open and abuts a ponding area which is within the existing highway right of way. The far south portion of the property is currently being used for storage of wood chips for the residents of Little Canada, a Interim Use under the .'rrent zoning regulations. It is my opinion after an inspection of the subject property and the