11-24-2004 Council Agenda - Laserfiche WebLink

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515 Little Canada Road, Little Canada, MN 55117-1600 (651) 766 -4029 / FAX: (651) 766 -4048 wrvv. ci. little - canada. inn. us MEMORANDUM TO: Mayor Fahey & Members of the City Council FROM: Joel Hanson, City Administrator DATE: November 19, 2004 RE: Sale of Twin Lake Boulevard Property MAYOR Michael L Fahey COUNCIL Jim LaVatle Matt Anderson Rick Montour Bill Blesener ADMINISTRATOR Joel R. Hanson With the completion of the water main project in the Twin Lake area, we can now make plans for the sale of the 4.5 -acre site we own along Twin Lake Boulevard. (See Map Attached.) There are a number of decisions we need to make in deciding how to market this property. They include the density of the possible development (single family versus town homes), neighborhood involvement in process (i.e. neighborhood meetings on the front -end to discuss possibilities versus the potential for public comment only during the zoning /subdivision approval process), and marketing considerations such as listing, sale to a selected developer, a request for proposals, etc. I have attached the summary report from the appraisal we conducted of this site back in 2001. It does a good job of discussing some of the issues facing the development of this site. With a single- family development, we would create multi -drive accesses onto Twin Lake Boulevard. The topography of the site is also challenging for a single- family development relative to the grade differential with Twin Lake Boulevard. Another issue is the site's limited depth (195 feet) and the need to create a buffer from the Five Star Mobile Home Park. A final concern is the depth of the sanitary sewer line in this area may necessitate a lift station thereby impacting the site's value. (I will have better information on this issue available for Wednesday night.) The City Planner put together a couple of single - family layouts a number of years ago. I have attached those diagrams for your review. A town home development may alleviate a number of the concerns of a single- family development 'Ili that a common access road could be created thereby solving grade and multi - access concerns to Twin Lalce Boulevard. If the access street were created to the north side of the property, it would also help with buffering Five Start. Lastly, town homes could offer the possibility of slab on grade construction thereby negating the lift station issue.