Minutes - 2005/10/10 - Laserfiche WebLink

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Mounds View City Council October 10, 2005 Regular Meeting Page 8 • 3. The periphery easement on Lot 3 shall be widened from ten feet to 40 feet. He stated no internal road system will be needed with this development and no right-of--way will be platted with the exception of the northernmost point of the project area abutting Coral Sea Street where the proposed round-about would encroach into proposed Lot 1. Given that public traff c will be conveyed through this area, it is recommended that the preliminary plat be reviewed to show the area as dedicated right-of--way rather than a simple access easement. According to City ordinance, excess right-of--way is vacated by ordinance. Ordinance 765 will accomplish the proposed vacations. He noted consistent with and as articulated in the Purchase Agreement and Contract for Private Development, a park dedication fee in the amount of $865,000 is applicable with this subdivision of land. Ordinarily, the City will assess a fee of either five or ten percent of the land value (less improvements) as determined by the Ramsey County Assessor. The 2006 County assessed valuation of the land being subdivided is $7,500,000. Assuming a ten percent dedication, the city would have received a dedication of $750,000. In this case, the dedication was agreed upon during the contract negotiations on the purchase price of the land. The dedication fee will be paid at the time of building permit application. He indicated the division of land as proposed by the preliminary plat would be consistent with • the Comprehensive Plan, as amended by the City Council and approved by the Metropolitan Council. The Future Land Use Map designated this land as "Office" which is the use planned with this subdivision. He stated with the general concept plans for the Medtronic Planned Unit Development approved, the City must consider a rezoning of the project area from the existing Light Industrial (1-1) designation to Planned Unit Development (PUD). Typically, this is done at the development stage of the PUD process consistent with the final Council approval of the site plans. He indicated the Planning Commission reviewed and considered the development stage plans, the preliminary plat and proposed rezoning at their meetings on September 21, 2005 and again on October 5, 2005. Based on all of the information, the supporting plans and documentation associated with the request, staff and the Planning Commission recommends the City Council open the public hearing and take testimony from staff, the applicants, residents, and other interested parties and then consider the following actions: 1. Approve the Medtronic CRM development stage plans. (Resolution 6630) 2. Approve the Medtronic CRM preliminary plat. (Resolution 6631). Along with the Resolution approving the preliminary plat, Ordinance 765 which vacates the excess easements and right-of--way associated with the Medtronic plat has been prepared and is available for introduction and first reading. • 3. Introduce and approve the first reading of Ordinance 764, an ordinance rezoning the Medtronic CRM campus from 1-1, Light Industrial, to PUD, Planned Unit