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Mounds View City Council August 8, 2005 <br />Regular Meeting Page 8 <br /> <br />Duane McCarty, 8060 Long Lake Road, stated that he meant to mention when he was dealing 1 <br />with the contractual issues that he had read in the minutes of the Council meeting where the Fire 2 <br />Department had come in to request approval for their project to replace Stations 3 and 5 on 3 <br />Highway 65 and the land costs for the first estimate was at $115,000.00 per acre. He noted that 4 <br />one of the Council Member’s had moved to make that the cap in the motion and Staff quickly 5 <br />informed that Council Member that the land in that area along Highway 65, although as 6 <br />congested as it is during the day, goes for $150,000.00 to $170,000.00 per acre and they thought 7 <br />that if they could make the $115,000.00 work, which is an unusual situation, but perhaps if they 8 <br />couldn’t, then the amendment to cap it at $115,000.00 would put the City in a difficult situation. 9 <br />He commented that considering that the golf course property is prime location and much more 10 <br />desirable than anything else that could be produced on Highway 65, he asked why the City is 11 <br />taking $120,000.00 for the golf course property when the prices for less desirable properties are 12 <br />going for $150,000 to $170,000. 13 <br /> 14 <br />Council Member Stigney stated they are not discussing what is up in Blaine they are talking 15 <br />about the appraised land value for The Bridges Golf Course. 16 <br /> 17 <br />City Administrator Ulrich confirmed stating that this was a negotiated land sale based on the 18 <br />value of the appraisal and reflects the value of the land for this location. He added that there is 19 <br />quite a difference between large parcels per acre value and a small retail or commercial parcel. 20 <br />He referenced the Walgreen’s parcel, which is a smaller 1-2 acre parcel, noting that it would be 21 <br />worth more per square foot than a 40-acre tract of land that would be used for an office building. 22 <br />He explained that generally the parcels would be priced differently in the marketplace on a per 23 <br />acre or square footage basis. 24 <br /> 25 <br />Mr. McCarty noted that along that line a previous speaker had pointed out eminent domain and 26 <br />asked if three appraisals were done on this. 27 <br /> 28 <br />Mayor Marty clarified that the City only did one appraisal. He stated that he had some questions 29 <br />regarding the development that Mr. Morgan was discussing. He stated that the developer had 30 <br />done some soil borings noting that the City had received a copy of the plat showing that the 31 <br />location of the borings was in the middle of the driveway area and that it was indicated at the last 32 <br />Council work session that they received Rice Creek Watershed approval, which means that the 33 <br />developer could begin the permit application process. He asked if the developer has started the 34 <br />permit application process adding that because much of the development east of Greenwood is 35 <br />located within a wetland or wetland buffer zone shouldn’t the developer provide soil borings 36 <br />from the actual area where the pads would be placed. He asked if they should have soil borings 37 <br />from the specific area before a developer can build in that specific area. 38 <br /> 39 <br />Director Ericson confirmed stating that before any building permits could be issued for this 40 <br />project on an area such as this the City would be requiring an engineered soil analysis for each 41 <br />building. He stated that soil borings would have to be conducted noting that the Rice Creek 42 <br />Watershed approval was conditional and it is his understanding that there are a number of issues 43 <br />that Mr. Hartstad has to resubmit back to Rice Creek Watershed District. He stated that he is not 44 <br />sure if this has happened yet noting that he could find out when they plan to have this 45