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Mounds View City Council August 14, 2000 Regular Meeting Page 4 4. First Reading (Introduction) of Ordinance 665, an Ordinance Rezoning Properties Associated with the Walgreens Development from B-3 and PF to PUD. 5. First Reading (Introduction) of Ordinance 666, an Ordinance Vacating the Old Edgewood Drive Right of Way Included within the Proposed Walgreens PUD. 6. First Reading (Introduction) of Ordinance 669, an Ordinance Authorizing Disposing by Sale of City-Owned Real Property. Mayor Coughlin opened the public hearing at 7:17 p.m. Planning Associate Ericson explained that TOLD Development Company, represented by Mr. Bob Cunningham, is requesting approval of a planned unit development and major subdivision to construct a Walgreens Drugstore and restaurant at the corner of Edgewood Drive and County Highway 10. The Planning Commission has recommended approval of this request and all associated actions at their meeting on July 19, 2000. Planning Associate Ericson explained that because of the complexity of this request, staff provided a breakdown of the number of actions required for Council consideration as follows: • Approval of the PUD and Exchange of Land (Res. 5462) • Approval of the Development Review and Wetland Alteration Permit (Res. 5453) • Approval of the Preliminary Plat for the proposed Major Subdivision (Res. 5454) • Authorization to Rezone the Properties (Ord. 665) • Authorization to Vacate Unneeded Edgewood Drive Right of Way (Ord. 666) • Authorization to Dispose by Sale of City-Owned Real property (Ord. 669) Planning Associate Ericson explained that one other action relative to this request will be forthcoming at the Council’s next meeting, that being an ordinance to vacate a City-controlled sign easement where the former alignment of Edgewood Drive intersected with Highway 10. This particular sign easement is not the easement for the existing billboard but, rather, for where the old Bel Rae Ballroom sign was located. Planning Associate Ericson explained that Resolution 5462 approves the PUD and the proposed exchange of land between the City and TOLD Development. Prior to the meeting tonight, the Council received the corrected PUD Document and the Contract for Private Development relating to this development, both of which shall act as the governing documents for this planned unit development. This resolution also directs staff to present an ordinance to rezone the property and an ordinance to dispose of by sale the remnant parcel. Planning Associate Ericson explained that Resolution 5453 approves the development review stage of the PUD and the wetland alteration permit. The resolution contains a number of stipulations which will need to be met concerning revisions to the site plans. The corrections have been agreed upon by the developer yet were not included in the latest plan submission. The