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2. The subdivision is consistent with the actions contemplated in 2005 Minnesota Session Laws Chapter 152; 3. The Planning Commission reviewed the proposed subdivision on July 20, 2005, • when the Planning Commission reviewed the proposed sale of Property to Medtronic, which sale includes only a portion of the existing tax parcel; 4. The City Council held public hearings which necessarily contemplated the subdivision on May 23, 2005 (comprehensive plan amendment); July 11, 2005 (sale of land); and August 22, 2005 (establishment of TIF district}; 5. The proposed subdivision is fully consistent with the purpose and intent of the City's subdivision regulations; 6. The approval of the subdivision by the Council will not be a detriment to the public welfare and will not impair the intent and purpose of the subdivision regulations; 7. The Council's failure to approve the subdivision would impair the City's ability to comply with existing provisions of other laws; 8. The Property is part of a proposed plat and planned unit development that is presently subject to the City's development review process; 9. The approval is consistent with the exceptions set forth in Minnesota Statutes Section 462.358, Subd. 4b(b) and (c), and Subd. 6, and City Code Section 1205.02; 10. Based upon the exceptional topography and other physical conditions of the Property in that the Property is severed by State Highway No. 10 into two distinct parcels, the strict compliance with the City's subdivision regulations could cause an exceptional and cuidue hardship on the substantial enjoyment of a property right, and such relief lnay be granted without detriment to the public welfare and without impairing the intent and purpose of the City's subdivision regulations; 11. Compliance with the above-referenced statutory restrictions will create an unnecessary hardship; failure to comply with such restrictions does not interfere with the purpose of the City's subdivision regulations. WHEREAS, such aparcel-split can be accomplished as a subdivision pursuant to the Mounds View City Code Section 1205.02 and Minnesota Statutes Section 462.358, Subd. 4b(b) and (c) and Subd. 6; WHEREAS, it appears that it will be in the best interest of the City to approve such subdivision; WHEREAS, a majority of all members of the City Council concur in this Resolution. SJR-269118v] MU205-30 A-2