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Agenda Packets - 1994/05/02
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Agenda Packets - 1994/05/02
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Last modified
1/28/2025 4:47:43 PM
Creation date
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
5/2/1994
Supplemental fields
City Council Document Type
City Council Packets
Date
5/2/1994
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Other Public Decisions/Approvals Necessary <br /> for Implementation of Proposed P.U.D. Plan <br /> Rezoning of Acquisition Site from B-3, Highway_ Commercial <br /> to Planned Unit Developent(P.U.D.) ' <br /> The so-called "Waste" property which Multi-Tech intends to <br /> acquire from Commercial Property Investments, Inc. , to <br /> accommodate its expansion is currently zoned B-3, Highway <br /> Commercial. Applicant requests that the acquisition/expansion <br /> site be rezoned from B-3 to Planned Unit Development (P.U.D. ) <br /> to accommodate Applicant's intended use of the property for <br /> office, manufacturing/production, and distribution/ <br /> warehousing. This requested rezoning is consistent with <br /> Applicant's use of its existing building at 2205 Woodale <br /> Drive, and with the current P.U.D. zoning in place for said <br /> property and the other developed properties within Mounds View <br /> Business Park. <br /> Tax Increment Financing Approval <br /> Applicant acknowledges the separate application for "Pay-as- <br /> You-Go" Tax Increment Financing assistance submitted by <br /> Everest Development, Ltd. , in connection with Applicant's <br /> proposed expansion. Applicant acknowledges that approval of a <br /> tax increment financing agreement between the City and <br /> Applicant and/or Everest Development, Ltd. , will be required <br /> to proceed with Applicant's proposed expansion. <br /> Building Area Summary (in Square Feet) <br /> Second Gross <br /> Building Floor Floor <br /> Building Footprint Area Area <br /> Existing Multi-Tech 52 , 156 21, 568 73 , 724 <br /> Proposed Addition 31 , 799 28 , 171 59 , 970 <br /> Totals 83 , 955 49 , 739 133 , 694 <br />
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