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Mounds View City Council uNAPPRovED <br /> December 14, 1998 <br /> Page 10 <br /> for the Anthony Properties Addition. <br /> Associate Ericson gave the staff report as follows: <br /> Anthony Properties,the developer of the 15-screen Carmike Theater project has applied for a <br /> major subdivision of the parcel formerly know as the O'Neil property, presently referred to as the <br /> "Theater Site." According to the City Code, a major subdivision is defined as a subdivision of a <br /> parcel greater than one acre in area or one in which more than one lot is created. The theater Site <br /> comprises approximately 26 acres and is proposed to be subdivided into seven parcels, in <br /> keeping with the approved final stage plan of the Planned Unit Development(PUD). <br /> The Mounds View City Council approved the development stage of the Anthony Properties PUD <br /> on April 27, 1998. This PUD allows for the 15-screen movie theater, three office buildings and <br /> two retail or restaurant uses. The final plan for this development was approved administratively <br /> by the City on July 30, 1998 and a building permit was issued for the theater building. The <br /> parking lot has been paved and striped and accesses have been stubbed into both Highway 10 and <br /> Donatelles. The access to County Road H2 has been completely installed. <br /> Because of the multiple uses and potential for multiple ownership entities, a platting <br /> (subdivision) of the theater site is required. This requirement is evident in Item 21 of the <br /> approved PUD Document for the Theater Site and results from a City Code stipulation <br /> prohibiting more than one principal structure upon a single parcel. <br /> Staff was recommending approval of Resolution No. 5286, a resolution approving the <br /> preliminary plat for the Anthony Properties Addition, with stipulations. <br /> Ericson noted that approval of Resolution No. 5286 would approve a preliminary plat. Before <br /> the final plat is approved, the City shall have received a park dedication fee in the amount of <br /> $103,250 from the applicant. <br /> Mayor McCarty, for clarification, said the 19 foot easement running parallel to Highway 10, <br /> which allows for implementation of the Highway 10 Design Theme is being granted in the <br /> preliminary plat by the developer. However, in the future that may be preempted by the state. <br /> Ericson said it is not granted as part of the platting process because you can only have utility or <br /> drainage easements on a plat. So what is needed is a separate easement document, which is <br /> currently being drafted by the City Attorney. The City sees no problem with the granting of the <br /> easement. <br /> Mayor McCarty stated the park dedication fee should be based on the higher of two figures, <br /> those being: current appraised value and estimated value at the time the project was initiated. <br />