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MEMORANDUM To: Mayor Stille and St. Anthony Village City Council Mark Casey, City Manager From: Stephen Grittman, City Planner Date: City Council Meeting – May 12, 2020 NAC Project No. 323.01 – 20.02 Request: Request for a Preliminary and Final Plat for Silver Lake Village 3rd Addition Property Address: 3800 Silver Lake Road NE Property PID: 313023340028 STAFF AND PLANNING COMMISSION RECOMMENDATION The project consists of a subdivision of the development parcel for the Silver Lake Village multi- family apartment project (currently Lot 2, Silver Lake Village) into two parcels generally reflecting the two building wings of the approved project. The Plat, if approved, would create Lots 1 and 2 of the Silver Lake Village 3rd Addition. The boundaries of the Salo Pond site, legally Outlot B of Silver Lake Village, are not proposed to change, and the legal description will remain as a part of the original plat. Thus, while Salo Pond was a component of the PUD amendment, it is not included in the proposed replat. The Planning Commission considered the item(s) at a public hearing held on April 21, 2020. Primary discussion related to ensuring that the plat and subdivision would not impact the terms or expectations of the approved PUD that governs the development of the two-phase apartment project. During that discussion, it was confirmed by the developer that the purpose of the subdivision is for financing purposes. Staff noted that the terms of the approved PUD zoning and development agreement continue to control development of the site, and the subdivision – even if one of the lots were to be conveyed to a separate party – would not impact the City’s enforcement of the PUD requirements. Staff has reviewed the project for land use compliance with the intent and policies of the City’s Comprehensive Plan, and for zoning consistency with the Silver Lake Village PUD as a baseline. In summary, the proposed subdivision is consistent with the terms and requirements of the approved PUD Amendment, adopted by the City Council in December of 2019. 17