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Item 08E <br />Page 2 of 6 <br />Comprehensive Plan The 2030 Comprehensive Plan guides these properties as Mixed <br />Use PUD. The DRAFT 2040 Comprehensive Plan guides these <br />properties for Mixed Use (60% residential, 40% commercial), and <br />a density of 15-30 units per acre (18 units is proposed). The <br />building will be 65% residential, and 35% commercial (Amenities <br />assumed to be for residential). <br />Zoning Map Amendment' From B-2 Limited Business, to Planned Unit Development (PUD). <br />2840 Mounds View Blvd is within the County Road 10 Overlay <br />District. After platting, the entire property will be within the <br />Overlay district, subject to higher design standards. <br />Subdivisions The two properties will be subdivided into one property. <br />Park Dedication 7 As part of the subdivision approval, the City Council may require a <br />Park Dedication of 10% of land, or a fee in lieu. <br />Fee <br />Units <br />EMV <br />10% of <br />Total <br />land <br />EMV <br />Fee <br />Residential <br />$3,500 <br />18 <br />- <br />- <br />$63,000 <br />/unit <br />Non -Residential <br />EDA lot <br />10% of <br />- <br />$64,300 <br />$6,430 <br />$82,200 <br />EMV <br />land <br />Simons <br />- <br />- <br />$179,000 <br />$17,900 <br />lot <br />$145,200 <br />The fee structure does not consider Mixed -Use projects, but <br />assumes one use or the other (not both). The Council may want <br />to consider reducing the fee for this project. <br />Conditional Use Permit Planned Unit Developments require a CUP. <br />Development Review' With exceptions, a Development Review is required for new <br />primary buildings, and expansions exceeding 10% or 10,000 sq ft. <br />Density Proposed: 18 units per acre. <br />If zoned R-4, then the maximum density is 17 units per acre). <br />The City Code includes contradictions regarding maximum <br />density. Residential PUD's are allowed a 10% bonus', although <br />the exact density shall be determined by the City Council.10 A <br />PUD is necessary in order to achieve the Developer's desired <br />density. <br />4 Municipal Code, 16� 0.450 (Procedure) <br />5 Municipal Code, 1§ 58.20 ((Preliminary Subdivision Plan Application) <br />6 Municipal Code, § 15 8.061 (Dedication of Lands) <br />1 2021 Fee Schedule <br />8 Municipal Code, § 150.054 (Development Controls) <br />9 Municipal Code, § 160.317(5) (Density Bonus) <br />10 Municipal Code, § 160.316(F) (Density) <br />The Mounds View Vision <br />A Thriving Desirable Commulia)° <br />