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Anthony Major Subdivision Planning Case 541-98 December 2, 1998 • Page 2 Legal Use L t Area Lot 1, Block 1: 11,000 sf Office Building 30,628 sf. (0.70 acres) Lot 2, Block 1: 11,000 sf Office Building 34,631 sf. (0.80 acres) Lot 3, Block 1: Parking 189,869 sf. (4.36 acres) Lot 1, Block 2: Restaurant 137,000 sf. (3.15 acres) Lot 2, Block 2: Retail/Restaurant 111,641 sf. (2.56 acres) Lot 3, Block 2: Theater 467,541 sf. (10.73 acres) Lot 4, Block 2: 11,000 sf Office Building 31,889 sf. (0.73 acres) The development site is bordered by Highway 10 to the northeast, County Road H2 to the south, Long Lake Road to the west, and is bisected by Edgewood Road, which will be realigned to cross Highway 10 at a near-right angle, continuing through the development to County Road H2 to the south. Analysis: According to Section 1202.01, Subdivision 1 of the City Code, full platting is required for all major subdivision requests. The applicant, Anthony Properties, is requesting approval of the preliminary • plat for the proposed Anthony Properties Addition. Review of this plat is required by the City Engineer, the Director of Public Works, the City Attorney, Rice Creek Watershed District, Ramsey County and the Minnesota Department of Transportation (MnDOT). The plat, date-stamped 11/23/98, bears the required data for preliminary plats as specified by the City Code. As with any subdivision of land within Mounds View, two issues need to be addressed. The first is easements. The plat shows easements for the wetland area, those areas to be used as NURP ponds, and other drainage and utility easements. These easements will be dedicated to the City by virtue of their inclusion on the plat. Other easements, such as the Highway 10 design theme easement and -- . - :. : : . . ---- - ... - . : :- . . . : .'. - .. .to documents. The City Attorney will draft these documents and have them available prior to City Council action on this request. The other issue addressed with the platting of land is the park dedication requirement. According to Section 1204.02 of the City Code, all subdividers of land are required to dedicate to the City for public purposes a portion of land, or, at the City's sole discretion, cash in an amount equal to ten percent of the land's fair market value. It has been and continues to be the City's policy of requiring a cash dedication in lieu of land. According to Ramsey County assessment records, the land has a value of$1,032,500 and thus the dedication amount applicable for this project would be $103,250. This amount will need to be paid to the City prior to the City Administrator and the Mayor signing off on the Final Plat.