1997-068 Council Resolution - Laserfiche WebLink

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r f + i COUNCIL MINUTES MAY 27, 1997 avoided, if possible. She recommended vacation of the right-of-way and adoption of Resolution";., No. 97 - 68. The vacated right-of-way will be returned to the adjacent property owners who have indicated no objection to the proposed vacation. Mayor Landers opened the public hearing at 6:39 P.M. There being no public input, Mayor Landers requested a motion to close the public hearing. Council Member Lyden, moved to close the public hearing at 6:39 P.M. Council Member Bergeson seconded the motion. Motion carried unanimously. Council Member Bergeson moved to adopt Resolution No. 97 - 68 as presented. Council Member Lyden seconded the motion. Motion carried unanimously. Resolution No. 97 -68 can be found at the end of these minutes. Consideration of Resolution No. 97 - 69, Vacating the Remaining Portion of Industrial Boulevard (4/5ths Vote) - Ms. Wyland explained that Industrial Boulevard is an unconstructed right-of-way located immediately to the west of 484 Lilac Street (Boe Ornamental). The right- of-way is the only remaining portion of the originally dedicated Industrial Boulevard which was vacated when the Apollo Business Park was platted. Now that the property immediately south of this right-of-way is being developed by Fogerty Investment with full access off Apollo Drive, this roadway is no longer needed. Ms. Wyland advised that Boe Ornamental is interested in constructing an office/warehouse on their property adjacent to this right-of-way. Economic development staff is supportive of this vacation in an effort to assist Boe Ornamental in the construction of their new facility. Ms. Wyland explained the vacated right-of-way will be added to the Boe Ornamental property and used in their site development. Mr. Wessel displayed a colored site plan identifying the property under consideration and location of the right-of-way which is no longer needed. He identified the location of Boe Ornamental and the location of their proposed office/warehouse and provided an explanation of how the vacated right-of-way will be dispensed of. He reported that Boe Ornamental has been in Lino Lakes since 1983 and is a valued business which has expanded twice. He provided details regarding their plan to construct an expansion, a portion to be leased, which is not possible without the proposed right-of-way vacation. Mr. Wessel advised there is an option for the City to receive compensation for this one-half acre vacation. He reviewed the cost of the proposed expansion which would be eligible for up to $120,000 in TIF if it were a new business. However, Boe Ornamental is not eligible for TIF funding since they are already located in Lino Lakes. Mr. Wessel estimated the real value of the to be vacated one-half acre is in the range of$5,000 to $10,000 and recommended it be provided to Boe Ornamental as an incentive and without compensation to the City. Mayor Landers opened the public hearing, at 6:44 P.M. PA( 11: