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10-10-2005 CC
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MV City Council
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10/10/2005
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Medtronic Review <br />October 10, 2005 <br />Page 11 <br /> <br />3. Rezoning <br /> <br />With the general concept plans for the Medtronic Planned Unit Development approved, the <br />City must consider a rezoning of the project area from the existing Light Industrial (I-1) <br />designation to Planned Unit Development (PUD). Typically this is done at the development <br />stage of the PUD process consistent with the final Council approval of the site plans. The City <br />Code requires that the Planning Commission examine potential adverse effects associated <br />with a proposed rezoning by addressing five questions. The questions, along with their <br />responses, are as follows: <br /> <br /> (1) Relationship to Municipal Comprehensive Plan. <br /> <br />The rezoning to PUD would be consistent with the Comprehensive Plan in that the <br />City Council recently authorized an amendment to the future land use map from <br />Outdoor Sport Recreation and Passive Open Space to Office. While the current Light <br />Industrial zoning of the site is consistent with the Office designation, the PUD zoning <br />would provide greater flexibility, clustering of buildings, open space preservation and <br />staging of the development along with the added protection of a very specific set of <br />land-use requirements articulated in the PUD document. <br /> <br /> (2) The geographical area involved. <br /> <br />The area is located north of Highway 10 and west of Interstate 35W, effectively <br />detached from the rest of the community. A 46-acre wooded natural area is adjacent <br />to the site to the west with developed industrial uses to the north. Nearly sixteen acres <br />of the project area are in the City of Blaine, the rezoning action being considered <br />would not extend into Blaine as Mounds View does not have zoning jurisdiction in <br />other communities. <br /> <br /> (3) Whether such use will tend to or actually depreciate the area in which it is proposed. <br /> <br />The current Ramsey County assessed valuation for the project area is set at $7.5 <br />million. Currently the site generates no taxes and does not contribute to County and <br />school district tax collections. After the sale of land, the area would immediately <br />become taxable and it is anticipated the County will establish a valuation in excess of <br />current levels. Taxes would be payable to all taxing jurisdictions on the base value of <br />the land. After the first phase of the project has been constructed, taxes would be <br />paid on the value of the land and the improvements, the value of which will likely <br />exceed $75,000,000. For these and other reasons, the rezoning will not depreciate <br />the area in which it is proposed. <br /> <br /> (4) The character of the surrounding area. <br /> <br />The surrounding area is predominately industrial, with industrial buildings, industrial <br />uses, offices and other accessory industrial features such as outdoor heavy <br />equipment parking and storage, loading docks, shipping and receiving terminals <br />bordered by freeways and a busy county road. The proposed rezoning will allow for a <br />corporate office campus Medtronic’s Cardiac Rhythm Management division.
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