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RESOLUTION 78-32 <br />RESOLUTION <br />CITY OF LAKE ELMO <br />WASHINGTON, COUNTY, MINNESOTA <br />A RESOLUTION SETTING FORTH THE POLICY OF THE CITY OF LAKE ELMO WITH RESPECT TO <br />DEVELOPMENT OF THE "MEARS PROPERTY" FOR REGIONAL PARK OR OTHER PURPOSES <br />WHEREAS, <br />A. Preliminary studies indicate that more intense development of the "Mears Pro- <br />perty" (approximately 150 acres in Sections 14 and 15 West of Kelvin Avenue and <br />South of State Highway 212) will eventually yield a better ratio of tax revenue <br />to public expense; and, <br />B. The "Mears Property" is not essential to the integrity of the Regional Park; <br />and, <br />C. The supply of prime developable land served by rail and trunk highway - and <br />potentially central water and sewer - is limited; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LAKE ELMO, COUNTY <br />OF WASHINGTON, STATE OF MINNESOTA, THAT: <br />A. The draft Economic Impact Study prepared on the "Mears Property" be accepted <br />by the County Park Commission and the County Board; and, <br />B. The City of Lake Elmo recommends the "Mears Property" should not be included <br />in the development plan for the Regional Park; and, <br />C. The County should release the "Mears Property" for public auction to permit <br />more economic development of the property, as the demand for developable land <br />evolves. <br />Adopted this the 19th day of September, 1978, on a motion by Pott, seconded by <br />Shervheim. Vote: Pott, Lyons, Shervheim - Aye; Armstrong, Morgan - Nay. <br />Thomas Armstrong, Mayor <br />Attest: <br />D nald Mehsikom r, City Clerk <br />