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• <br />• <br />AGENDA ITEM 6B <br />STAFF ORIGINATOR: Mary Alice Divine <br />MEETING DATE: May 23, 2011 <br />TOPIC: Consider Approval of Resolution No. 11 -53, <br />Accepting Redevelopment Task Force Workbook <br />VOTE REQUIRED: Simple Majority (3/5 Vote) <br />BACKGROUND: <br />The Lino Lakes City Council requested that the Lino Lakes Economic Development <br />Advisory Committee (EDAC) act as a Redevelopment Task Force to study issues <br />surrounding underused and nonconforming properties in the City. EDAC studied the <br />issues and completed a draft of its workbook with recommendations for council <br />consideration. <br />In formulating a direction to study underused, nonconforming and vacant properties in <br />Lino Lakes, EDAC determined it was necessary to: <br />1. Identify the properties <br />2. Determine the impact these properties have on the City's tax base <br />3. Determine the impediments that prevent the properties from being used or <br />redeveloped <br />4. Determine what actions — whether through regulatory change, financial <br />incentives, public investment, or marketing assistance —could be proposed that <br />would benefit the City and create an environment that supported continued <br />stabilization of the City's commercial /industrial tax base. <br />Property Identification <br />Staff completed an initial inventory of commercial and industrial properties on Lake <br />Drive and Hodgson Road, the two major corridors where the majority of properties are <br />either guided, zoned or historically have been used for commercial /industrial purposes. <br />An initial inventory resulted in 163 properties. After eliminating all vacant parcels and <br />single family homes, 83 parcels remained. Of those, only six are developed with an <br />existing use that is currently nonconforming to the zoning ordinance. More notable is <br />that fact that 38 (46 %) of those properties are served by private wells. Since access to <br />water is key to installation of a fire suppression system, and such a system is required if <br />the use in a building changes, the lack of city infrastructure is a greater impediment to <br />reuse or redevelopment than the issue of nonconformities. Therefore the final inventory <br />focused on 23 properties that are a substantial distance from water mains and therefore <br />