02-09-06 Planning Comm. Agenda - Laserfiche WebLink

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~~ 515 Little Canada Road, Little Canada, MN 55117-1600 (651) 766-4029 /FAX:. (651) 766-4048 www. ci.little-canada. nm. us MEMORANDUM TO: Members of the Planning Commission FROM: ,Toel Hanson, City Administrator DATE: February 1, 2006 RE: Property Division and Rezoning 141 County Road B City Booster Station Property MAYOR Bill Blesener COUNCIL. Jim LaVaile Rick Montour Barbara Allan Jolm Keis ADMINIS"lRATOR Joe] R. Hanson As you can see from the attached map, the City owns a parcel of property on County Road B, the southeast corner of which sits the City's Water Tower Booster Station. St. Jude Medical has expressed interest in the majority of this site for ponding as well as additional parking at the time they develop the third phase building addition (they are currently constructing phase two). As you can see from the minutes attached, the Council is agreeable to transferring the majority of this site to St. Jude. To do so requires a property division, lot combination, and rezoning of the property to be transferred from Public to Planned Unit Development. It should be noted that in developing phase two, St. Jude Medical did not ask for any tax increment financing assistance. There was some limited TIF assistance to St. Jude on the initial phase of their County Road B development. The consensus of the Council is that this land transfer would serve as an incentive for St. Jude to proceed with phase three at some time in the future. In addition, it relieves the City of maintaining this parcel and puts the property on the tax rolls, limited value that it may be. The IoC split as proposed complies with applicable zoning codes, including setback requirements. (The front yard of the Booster Station does not meet setback requirements, but this proposal does not impact that face.)