10-13-1999 Council Agenda - Laserfiche WebLink

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MAYOR Michael 1. Fahey COUNCIL Beverly Scalze Jim LaValle Steve Morelan Bob Pedersen 515 Little Canada Road, Little Canada, MN 55117-1600 ADMINISTRATOR (651) 484 -2177 / FAX: (651) 484 -4538 Joel R. Hanson Email: cityhall @ci.little- canada.mn.us MEMORANDUM TO: Mayor Fahey & Members of the City Council FROM: Joel Hanson, City Administrator DATE: October 8, 1999 RE: Deeds for Countryside Terrace Office Park Dick Biagini is proceeding with construction of a 30,000 square foot office building on the Country Drive redevelopment site. I also understand he is nearing completion of an agreement for the sale of the north portion of the property to house an upscale office /warehouse building. To enable him to proceed, he needs to be able to obtain the mortgage on the property for construction financing. To do so, requires the approval of legal descriptions on a metes and bounds basis prior to platting. Our Subdivision Ordinance Section 1009.020 provides that the Council may waive compliance with platting requirements and allow conveyance by metes and bounds when compliance with the platting restrictions creates an unnecessary hardship and failure to comply does not interfere with the purpose of subdivision regulations (copy attached). Given the fact that this property will be platted in the next few months, it would seem more than reasonable to allow conveyance by metes and bounds at this point in time to facilitate mortgage financing. (The City Planner concurs with this statement.) If the Council agrees, a resolution approving conveyance by metes and bounds should be approved contingent upon the platting of this property by no later than February 1, 2000 and subject to the City's acquisition of the Precision Tree parcel. (Therefore, this conveyance would not take place until we have closed on that property.) Dennis Unger of CI Title, Inc. is preparing the two deeds to facilitate the conveyance from the City to RAB, LLC. The deeds will be based upon the legal descriptions attached. When the deeds are received, I will have them reviewed by the City Attorney and they should be available for the Council's review at Wednesday's meeting. JRH:kpp Enclosures cc: Dick Biagini Dennis Unger, CI Title, Inc. Page 63