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Mermaid Staff Report October 1, 2008 Page 2 Easements: The City’s Subdivision Code requires that plats dedicate perimeter drainage and utility easements for each lot in the subdivision. This plat already has the required perimeter easements around the current Mermaid property, and staff does not believe that adding additional easements along the new property lines running through the parking lot are necessary. Streets: No new or altered streets or access drives into the Mermaid site are being proposed. Park Dedication Requirements: The Subdivision Code indicates that any subdivision of land is subject to a park dedication fee. In this case, the City typically sets the fee as equal to 10% of the market value of the land. Staff uses Ramsey County assessed values as the basis for dedication computation. In 2000 when the PUD was approved, a park dedication fee was paid. Staff recommends that the fee only be based on the difference in the land value between 2000 and 2008, and only on the retail lot. This fee amount should be determined by the City Council. Major Subdivision Summary: The Mermaid is currently zoned PUD, Planned Unit Development, and the proposed 3-lot subdivision would be consistent with the existing zoning of the property. One of the proposed property lines would separate the Mermaid from the hotel. The building code may require additional firewall construction between the structures to have each building on it’s own lot. The submitted revised plat appears to meet city and building code requirements and is now being reviewed by the city attorney and building official/fire marshall. Deadline for Action: The original application was accepted by the City on August 25, 2008 and in accordance with MN Statute 15.99, a decision shall be made within 60 days of application acceptance. The deadline for action for this request is December 23, 2008, since the City exercised its option to extend the timeline for an additional 60 days. Alternatives: The Planning Commission should review the plans and discuss the revised preliminary plat. The Planning Commission may take one of the following actions related to the Preliminary Plat request: 1. Approve the revised Preliminary Plat as requested. 2. Deny the request. To consider this option, the Commission will need to direct staff to prepare a resolution with findings of fact to support the denial recommendation. 3. Table action on the request. This option would be appropriate if the Planning Commission should need additional information or more input before a decision can be made.