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<br />Item No: 9I <br />Meeting Date: March 22, 2004 <br />Type of Business: CB <br />Administrator Review: ____ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Jim Ericson, Community Development Director <br />Item Title/Subject: First Reading and Introduction of Ordinance 732, an <br />Ordinance Authorizing the Transfer of Land from the <br />City of Mounds View to the Mounds View Economic <br />Development Authority <br /> <br /> <br />Introduction: <br /> <br />The City is currently working with Pro Craft Homes to create a single-family residential <br />development on and south of County Road H2 in the southwest corner of the City. The <br />City owns three lots within the project area and the Mounds View Economic Development <br />holds title to a fourth parcel. (Pro Craft holds purchase agreements on the remaining lots <br />with a private landowner.) <br /> <br /> <br />Discussion: <br /> <br />The City Attorney is recommending that the city owned & controlled lots come under one <br />ownership umbrella for ease in subsequent title conveyance to the developer. The <br />Attorney further recommends the parcels be held by the EDA which would necessitate the <br />City adopting the attached ordinance to transfer the land consistent with the City Charter <br />provisions. The attorney has reviewed the attached ordinance and finds it to be in proper <br />form and consistent with Charter requirements. <br /> <br /> <br />Recommendation: <br /> <br />Hold the first reading and introduction of Ordinance 732. The public hearing and second <br />reading of the ordinance is scheduled for April 12, 2004. <br /> <br />Respectfully submitted, <br /> <br /> <br />________________________ <br />Jim Ericson <br />Community Development Director <br />763-717-4021